At current purchasing power, about 120k. Anything beyond that becomes nice to have, anything below and you're giving something up.
this post was submitted on 21 Jan 2024
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I live in a third world country, if I can get 3K USD per month I believe I'll pretty good.
Third world countries don’t exist. You’re being over-exploited.
we all know what they meant and we all know that they are
Anything over $100k is plenty to live, travel, and invest with if you don't plan on having kids. There's a point where it's time and experiences that are more valuable than the money, so I'd prefer fewer working hours or more engaging work than simply just salary increases. I'm certainly happy to receive bonuses and raises, but as an engineer who has never made under $100k/yr the money doesn't change anything about the way I live and enjoy life (note that I don't have expensive tastes and carefully watch for lifestyle creep).
There's a point where it's time and experiences that are more valuable than the money
I think what you mean is there’s a point where free time and experiences are more valuable than food and shelter.
Money isn’t balancing against these things. Money is the thing the brings you things of value. It’s not Money vs Y. It’s money spent on X vs money spent on Y.
Money has long ceased to provide happiness. >80% of my salary ends up in a savings account, no idea if I'll ever touch it.
One that would leave me not thinking about it anymore
Laid back, with my mind on my honey and my honey on my mind
300 million per week
I don't have a solid answer.
Money alone isn't going to make me happy. Yeah, it removes a lot of one type of stress. But it can also be a trap. Like, I'm doing solidly okay in my job, but it's enough that I can't easily quit and start over in a different career, even though I stopped caring about this one a decade ago. And a high-paying job can come with a lot of other stressors, things that keep you working harder and longer hours than you otherwise would.
$100k would probably seem pretty good for a long time, given where I currently live. If I had to live in NYC, I'd probably say more like $500k.
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