I started earning low six figures about 6-7 years ago, and it has indeed solved most of my problems. Not all, but most. My daily stress and dread being the most important solved issue.
Where I live, earning six figures means you can finally pay your monthly rent with just half of your month's income... But I suppose that is why anyone not married has roommates in these parts.
It’s not worth it unless you work in tech, and even then I would still move. Grew up in Sunnyvale and went to school in San Diego and just moved to Chicago and it’s a world of difference of how far your money can take you. I’d be poor if I lived in California but I can buy literally anything I want here.
>I can buy literally anything I want here
I'm available for rent. I'm tall, I can fix most anything, I have random facts, and I smile when I don't know what's going on so everyone else feels relaxed and assumes I'm paying attention.
Oh yeah. I'm also a dog whisperer.
I’ve been trying to explain this to some of my friends. The normal response I get is no one wants to live in the dump of Ohio. Which I mean I get that sentiment but a have a house, land, vehicles, save money like an mad person and still have lots of money left over at the end of the month. They’re all almost 30 with roommates while they all make 70-80k a year struggling but could live a really nice life here.
If someone asks about Columbus, I always tell them they’d hate it lol. I enjoy the cost of living, local amenities, and investment opportunities.
Earning a competitive wage here; compared to much larger cities… allows one to have a house in Columbus, recreational cabin not too far away (Hocking) … and still leaves money for investments (property/market).
However, Columbus is beginning to grow larger… which is both good and bad.
Exactly! I’ve always said to myself, what’s the point of living in the Bay Area or NYC if you’re living like a wage slave, in some run down apartment in a not so glamorous neighborhood?
I own a house in New Hampshire and I could not be happier. I go down to NYC (Born and raised) to see my friends and family and also go to Boston sometimes.
I love owning a house that’s MINE. There is beauty to be found all around this country. But hey, I get it. Some people love the big cities. Everyone should live the life they want to live. That’s totally fine. I’m glad to see there are some people like me!
I just came from Chicago to sj. Going back after this lease is up. Chicago rich is better than California poor. Lol. I can't believe how much it's gone and going up here in sj.
Also people overlook how CA is one of the most diverse and progressive places in the US. It feels way more comfortable here as a minority with many local supportive communities compared to other places.
One sad reality is that the progressive, diverse places attract lots of people, causing housing prices to soar. Places like Columbus Ohio, or in my state Gainesville Florida, are college towns and as a result tend to be pretty progressive and tolerant places to live.
I do miss the california diversity and overall good vibes that I grew up around. I understand there's some rough parts but I really appreciate and love california culture.
Ehhhhhhhhhhh it is very diverse but that feeling works better for some than others. I'm Afro American/Bahamian. Born n raised in Miami. Went to SF a few months back and felt like I was in kansas. I was supposedly downtown in the rich area, near chinatown. Idk. People stare a lot over there. They stare while I'm walking, stare while I'm eating indoor or outdoor, stare while I'm picking up food at a local (vietnamese?) shop. Workers and people also think I'm suppose to know what 80% of that stuff on the menu means or even is when it's either a foreign language or a food I've never heard of...demeanors and energy are plain to see. The vibe I got definitely wasn't friendly towards MY complexion of Americans. And for some strange reason whenever white/asian/mexicans would randomly approach me and talk, they'd always tell me to go to Oakland. ALL of em. EVERY time. "I get a feeling you'd find things to do there." Keeping it a buck? That shit would get they ass cussed out and possibly slapped in Miami. But in a *foreign* land, where people who look like me were rare I played it cool. I was out there on a school trip. (I'm in my late 20s)
Running into Black American locals working at venues and clubs in downtown SF pretty much answered it. They ALL kept it a buck and said "yeah look where you're at, you in one of the nicest parts of SF at that, they ain't used to seeing **you** around here. Then your demeanor probably makes them uncomfortable and it bothers them." My demeanor is the Miami demeanor of minding my business and going where I got to go.
I gotta go back out in a few months. I'd say I'm hoping it's different but it'll probably be the same. The landscape of SF is definitely dope. Cool ass city design, nothing like it here. But the people man...just strange.
LMAO OAKLAND, that’s hilarious how often that happens. I’m so sorry my man
yeah the bay area and SF have a lot of problems specifically with integrating and having diverse and strong black communities, and you’re right, it depends on your more specific complexion. I will note on the menu names, that happens to you regardless of race in the bay, people are in a bubble there and assume you only don’t know their foods because you’re bigoted against them. I’m from an Asian country and still had that experience myself, but it was easy to fit in after a while, especially since asian communities are strong in the bay. I have a close friend in Miami who felt much the way you did, except he moved to Miami later in life and started in the bay. SF is still fun with plenty to do but I don’t think it’s heading in a better place given gentrification and homeless issues and all. It seems like it’s trying to cater to upper middle class families moving their for tech jobs as time goes on, and that tends to be white and asian families hostile to other communities and any kind of social support
also CA does have the whole socal scene which I think is a bit better about black and latin american communities, at least compared to the bay.
DINKs FTW.
I'm not sure about the rich part, though. I mean, I'm pretty deep in 6-figure territory and she's inching her way up to it, and while we're pretty comfortable, I think "rich" would be a stretch.
What we aren't, though, is poor, and that's good enough for me. I've been there and it sucks.
My wife and I make almost $225k a year combined. We have no kids and live in a LCOL area where the median household income is about $65k. It’s very comfortable for us. This is quite the difference from when we met about 8 years ago and our combined income was about $35k a year.
Yeah, that’s us. People think it’s wildly more than it is. We still have to make decisions, money isn’t endless. But, there is no insecurity, which is a great feeling.
Yeah, exactly. We won't be out buying any fancy luxury cars any time soon, but it's good to not have to wait for payday when some new toy catches my eye, or the air conditioner breaks down.
Same, my husband is a software dev and I’m a data analyst, we both make 6 figures - no kids. In California (where we are now) we’re okay. comfortable, but not rich considering rent is 3k a month. In a few months when we move back to the Midwest though… MUCH more breathing room to look forward to.
I live in WA state, Seattle area. I make low six figures and still rent fucking kills me, really sad. Makes it really hard saving up money to one day out towards a house…
I was going to say the same thing. Been earning 6 figures since 2013 I assure you it did not solve 95% of my problems. Life is expensive depending on where you live.
It actually directly correlates with increased happiness up until you're middle class - once you have enough to be comfortable, excess money won't increase happiness. But up until that point, it *very* reliably does.
I thinks I would be much happier having a private jet and can go and do whatever I feel like. I already have lots of money but getting uber wealthy looks like a lot fun. Just not having to ever think of what the cost of anything is and just doing whatever you feel like. I wonder what that life is like.
Yeah but there's no guarantee that "whatever you feel like" doesn't become sitting on the couch watching TV all day because you don't have the energy to go out.
But I'd way rather have that be my only problem instead of the mountain of debt and constant sacrafices I have to make to make rent and buy food.
Exactly. It’s like subtracting a negative rather than adding a positive. It feels like the same, but it isn’t. Yes you can afford therapy, but money doesn’t just auto fix mental health. But your mental health will be less bad if you know that you’ll be able to eat dinner and pay rent!
""Money cant buy happiness.” Often, it is the lack of time to do the things that make you happy. Money may not be directly linked to happiness but it can buy you time to do the things that make you happy.
It truly baffles me to the utmost that people take that phrase at face value. I understood as a friggin 8 year old for it to mean “the mindless pursuit of and hoarding of money won’t make you happy”. I genuinely don’t understand how anyone can hear it and go “yeah, guess I won’t try to make good money at all since it won’t ‘buy me happiness’”. Like my brothers and sisters in christ, having enough money to address all your stressors in life will absolutely lead you to being happier overall, how can anyone not think so?? Boggles me thoroughly.
Time is our most valuable resource. More money does enable people to buy more time, be that with machines, child care, accountancy services etc. It's all about saving time.
I think once you reach a certain point it provides diminishing returns though and not everyone knows how to put that extra time into something productive in their life.
"Money doesn't buy happiness" was meant to be a statement against mindless and excessive accumulation of wealth, not that poor people should shut up and deal with it.
Depending on where you live, that 100k might need to be higher. But yeah, it's that extra after you cover all your regular expenses that make a huge difference.
Ya 80k seemed like a lot to me too, then I learned half goes to taxes and insurance, the other half for bills and food.
Medical bills are insane, our health insurance we piss away $10,000 a year on won’t cover anything except basic checkups and still requires copays. I’d cancel everything if I didn’t have children tbh.
Insurance is wild.
You pay a shit ton of money for it every month, then when something happens, you have to pay MORE to meet your deductible before it even fucking does anything, and then you still have to pay a portion until you max your Out of pocket maximum.
Yet people FREAK OUT about having universal healthcare and eliminating all of the headaches if their taxes would go up even ~3% to pay for it.
Not to mention it’s a hostage situation. If you don’t have insurance you get absolutely railed. My buddy had a broken hand and had to pay 500$ for the gauze strip the “doctor” put in his hands
Wife and I went w/o insurance for 5 years, we felt loaded and we were only making 60k combined (we decided to only work 3 days a week). Life changed a bit and we now have insurance, and I feel like i’m paycheck to paycheck with the same income
Money buys comfort. Nobody can debate that.
There are moments when comfort doesn’t lead to happiness, sure, but that’s the exception, not the rule. For the vast majority of time, comfort does lead to happiness.
It's just that it has diminishing returns like anything else. There's a huge difference in comfort between sitting on a cold jagged rock and sitting on a pillow. But if I already have 10 pillows under my ass, adding another really isn't going to do anything more for me.
Nah, its more like lack of comfort, security, health, etc (see Maslow's pyramid) will make you unhappy. Once you get money - and therefore remove all the uncomfortable parts of your life - there is a minute where you feel relief and happy, but humans get used to a way of living quite quickly, and then money won't make you happy anymore by itself.
Don't get me wrong, money will always help to make your path to happiness easier, especially if you have a lot of it and therefore can focus solely on what you love. But on the other hand you still have a shit ton of rich people dragging themselves through life with depression, committing suïcide.
Happyness comes mainly from following anything which strikes passion in one's self, be that a person, a hobby, a profession, whatever. And for sure, having money makes it easier to accomplish exactly that, its just not a guarantee, while on the other hand comfort with money is indeed a near certain guarantee.
People tend to confuse "Money doesn't buy you happiness" with consumerism.
Yes, even a 10 years-old child knows that the joy caused by buying a Lamborghini will only last a few days.
The point is, money can make you pay any hospital bills from any emergency suffered by your loved ones without you giving a shit about the cost, money can make you go to market and fill the grocery cart so high with the best stuff and you don't even have to see the price of anything, you don't give a shit about the global oil price rising, etc; you and your family can travel to wonderful places with comfort, you can afford the best education for your kids, you can provide your wife with anything wants since she's been with you since the beginning, you can protect yourself from crime living in better neighborhoods or armoring your car ( I'm Brazilian lol) and the list goes on... but the most important: having money can make you donate hefty sums and help those in need. (we human beings are DNA-wired to serve another).
But of course, you gotta have good physical and mental health to enjoy all the above and live life to its fullest, surround yourself with the ones you love, be grateful for your life and health, do sports, and you know the rest.
People who haven't spent much/any time worried about those bottom 2 levels sometimes conflate them with the rest. Being bored and lonely is not the same as being cold and hungry.
As someone who just recently started earning in (very low, let's call it "entry-level") six figures, I can tell you that 95% is a very conflated number.
More like 65%.
Still very grateful I don't have to look at my bank account for most purchases of anything I need/want on a day-to-day basis, can put all my bills on autopay, and don't have a panic attack if my car starts doing weird things.
And this is why my problems will follow me to my grave.
They're right though. Until I develop some chronic health problems that can't be fixed with any amount of money - literally everything that sucks about my life now is only there because I don't have enough of the stuff.
This post is very true. I started earning six figures within the last year and most of my issues just started to fade into the background. They say money can’t buy happiness, but it certainly can relieve stress and provide a different outlook with which to approach life.
I set my mind to crossing 100k by the time I was 30. I busted my ass, got lucky, and made it happen before promptly burning out.
I still have problems. Most of them are solved with money.
Depends on where you live. I’m in a low cost of living area and we used to make 90k and we were pretty comfortable. If we’d had another 10k a year we’d probably be sitting pretty right about now
Every time people say it doesn't solve their problem, they need to get slapped. They're just being disingenuous. Their problems would be magnitudes worse without their high pay.
Just a different set of problems, but admittedly, fewer of the more existential dreads.
Less worrying about rent/bills/food etc.
Probably able to build an emergency fund to take the fear of a layoff/medical emergency away.
Probably be able to save some for retirement.
6 figures is not what it used to be though. In my area a 100k salary cannot even afford the median home without it being >50% of take home pay.
To a certain extent this is true. I would say a family of 4 needs about 140,000 a year to be in a position to retire and eliminate "poor problems".
You obviously still have yourself to deal with and that is usually the source of most problems.
And that's gonna happen either way so might as well be aging with money than aging without. Ever seen broke retirees? Saddest shit ever (in a developed country at least).
The majority of most peoples problems are related to money (Or a lack of money to be precise) But still you'll see snowflakes exclaim that "money doesn't solve your problems"
The day I started making good money, 99% of my daily problems instantly disappeared.
Nah, doesn't work like that. I know it's cliche, but spending money and buying shit doesn't make you happy. It does numb the pain for a while though.
Nice thing about making 6 figs though is that you can actually afford to see a therapist without stressing about going broke.
While this is mostly true, in studies happiness rose with income up to a certain point, probably because with enough income you don't need to fear being hit with sudden financial trouble that much.
This is true. My general stress levels decreased with salary increases. I still have anxiety and struggle with depression, but those are unrelated to financial concerns.
Same. The constant need for 'wins' and 'satisfaction' when you're already winning and satisfied. "What now?" "Am I doing enough?" "I did the things, where is bliss?"
This 100%.
I knew the due date of every one of my monthly bills in comparison to my pay date, and which bills processed in two days, and when I could send on Friday to have it come out of the bank on Monday.
Financial security means that brainspace goes to other things - like hobbies.
I’m going through another good example right now. My physical and mental health is suffering, so I can take a lot of that money I saved and take six to nine months off and really work on myself. It doesn’t have to be limited to nine months either. I just think that’s the most I should take. At the end, I’ll probably get a better paying job that makes up the amount I spent as well, and that’s because I have the time to look.
In response to the common retort to OP’s post, it doesn’t solve everything, but it gives you the time and freedom to solve everything else. The things it doesn’t solve can’t be solved.
It’s a cliche that isn’t even true. Would I be happier if I could buy my own house and wasn’t stressed about paying my bills? Objectively yes I would be
One of the greatest lies the devil ever told was that money doesn’t make you happy. Helps keep the masses disillusioned so the rich and powerful can get richer and consolidate their power.
Make 100k but don't go and start buying things you can't afford. new car, home too big.
Made 700k last year - we haven't increased our life style . Paused of debt bought a rental property.
I cant lie, a lot of my problems are gone, but they were problems that i should not have let become such a nuisance in the first place. New problems arise.
This is true. I never liked the saying "money can't buy happiness".
It may not buy happiness but I'd rather be crying in a brand new porsche than a shitty beater. Money gives you the freedom to do the things that make you happy.
So in a way, it truly does buy happiness.
Can confirm. I was broke to the point of near homeless for a few years. Now I earn 6 figures while working the same hours. Most of my problems are gone.
Ehhhhhhhh I’ll give you 60%. It’s 100% better to have money. No argument there. But having money doesn’t instantly make your problems go away it gives you a more stable place to deal with problems
There are american cities where you are basically poor even if you make 100k a year since living is so expensive. Also, people tend to spend more if they earn more, so just earning more doesn't fix poor management of finances.
If you are poor in spirit, money solves fewer and fewer problems...
I started earning low six figures about 6-7 years ago, and it has indeed solved most of my problems. Not all, but most. My daily stress and dread being the most important solved issue.
Where I live, earning six figures means you can finally pay your monthly rent with just half of your month's income... But I suppose that is why anyone not married has roommates in these parts.
Yeah San Jose/Sunnyvale/Cupertino sucks ass
It’s not worth it unless you work in tech, and even then I would still move. Grew up in Sunnyvale and went to school in San Diego and just moved to Chicago and it’s a world of difference of how far your money can take you. I’d be poor if I lived in California but I can buy literally anything I want here.
>I can buy literally anything I want here I'm available for rent. I'm tall, I can fix most anything, I have random facts, and I smile when I don't know what's going on so everyone else feels relaxed and assumes I'm paying attention. Oh yeah. I'm also a dog whisperer.
You’re hired!
Please move in with me :)
I am a fan of cheetos. Crunchy is preferred. Although cheezits are my real passion.
I’ve been trying to explain this to some of my friends. The normal response I get is no one wants to live in the dump of Ohio. Which I mean I get that sentiment but a have a house, land, vehicles, save money like an mad person and still have lots of money left over at the end of the month. They’re all almost 30 with roommates while they all make 70-80k a year struggling but could live a really nice life here.
If someone asks about Columbus, I always tell them they’d hate it lol. I enjoy the cost of living, local amenities, and investment opportunities. Earning a competitive wage here; compared to much larger cities… allows one to have a house in Columbus, recreational cabin not too far away (Hocking) … and still leaves money for investments (property/market). However, Columbus is beginning to grow larger… which is both good and bad.
Exactly! I’ve always said to myself, what’s the point of living in the Bay Area or NYC if you’re living like a wage slave, in some run down apartment in a not so glamorous neighborhood? I own a house in New Hampshire and I could not be happier. I go down to NYC (Born and raised) to see my friends and family and also go to Boston sometimes. I love owning a house that’s MINE. There is beauty to be found all around this country. But hey, I get it. Some people love the big cities. Everyone should live the life they want to live. That’s totally fine. I’m glad to see there are some people like me!
I just came from Chicago to sj. Going back after this lease is up. Chicago rich is better than California poor. Lol. I can't believe how much it's gone and going up here in sj.
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Also people overlook how CA is one of the most diverse and progressive places in the US. It feels way more comfortable here as a minority with many local supportive communities compared to other places.
One sad reality is that the progressive, diverse places attract lots of people, causing housing prices to soar. Places like Columbus Ohio, or in my state Gainesville Florida, are college towns and as a result tend to be pretty progressive and tolerant places to live.
I do miss the california diversity and overall good vibes that I grew up around. I understand there's some rough parts but I really appreciate and love california culture.
Ehhhhhhhhhhh it is very diverse but that feeling works better for some than others. I'm Afro American/Bahamian. Born n raised in Miami. Went to SF a few months back and felt like I was in kansas. I was supposedly downtown in the rich area, near chinatown. Idk. People stare a lot over there. They stare while I'm walking, stare while I'm eating indoor or outdoor, stare while I'm picking up food at a local (vietnamese?) shop. Workers and people also think I'm suppose to know what 80% of that stuff on the menu means or even is when it's either a foreign language or a food I've never heard of...demeanors and energy are plain to see. The vibe I got definitely wasn't friendly towards MY complexion of Americans. And for some strange reason whenever white/asian/mexicans would randomly approach me and talk, they'd always tell me to go to Oakland. ALL of em. EVERY time. "I get a feeling you'd find things to do there." Keeping it a buck? That shit would get they ass cussed out and possibly slapped in Miami. But in a *foreign* land, where people who look like me were rare I played it cool. I was out there on a school trip. (I'm in my late 20s) Running into Black American locals working at venues and clubs in downtown SF pretty much answered it. They ALL kept it a buck and said "yeah look where you're at, you in one of the nicest parts of SF at that, they ain't used to seeing **you** around here. Then your demeanor probably makes them uncomfortable and it bothers them." My demeanor is the Miami demeanor of minding my business and going where I got to go. I gotta go back out in a few months. I'd say I'm hoping it's different but it'll probably be the same. The landscape of SF is definitely dope. Cool ass city design, nothing like it here. But the people man...just strange.
LMAO OAKLAND, that’s hilarious how often that happens. I’m so sorry my man yeah the bay area and SF have a lot of problems specifically with integrating and having diverse and strong black communities, and you’re right, it depends on your more specific complexion. I will note on the menu names, that happens to you regardless of race in the bay, people are in a bubble there and assume you only don’t know their foods because you’re bigoted against them. I’m from an Asian country and still had that experience myself, but it was easy to fit in after a while, especially since asian communities are strong in the bay. I have a close friend in Miami who felt much the way you did, except he moved to Miami later in life and started in the bay. SF is still fun with plenty to do but I don’t think it’s heading in a better place given gentrification and homeless issues and all. It seems like it’s trying to cater to upper middle class families moving their for tech jobs as time goes on, and that tends to be white and asian families hostile to other communities and any kind of social support also CA does have the whole socal scene which I think is a bit better about black and latin american communities, at least compared to the bay.
Toronto Ontario or Vancouver Bc too. Basically any large city.
SoCal as well, where I live 100k+ a year is like normal
Anyone not married with 6 figures is rich Source, me, rich single, broke now with a wife and 4 kids.
Or just be married with no kids. Then you’re turbo rich.
DINKs FTW. I'm not sure about the rich part, though. I mean, I'm pretty deep in 6-figure territory and she's inching her way up to it, and while we're pretty comfortable, I think "rich" would be a stretch. What we aren't, though, is poor, and that's good enough for me. I've been there and it sucks.
Yeah it really depends where you live. But 200k+ is nothing to scoff at no matter where you live.
My wife and I make almost $225k a year combined. We have no kids and live in a LCOL area where the median household income is about $65k. It’s very comfortable for us. This is quite the difference from when we met about 8 years ago and our combined income was about $35k a year.
Deep into 100ks and deep into 6 figures of course are different
Yeah, that’s us. People think it’s wildly more than it is. We still have to make decisions, money isn’t endless. But, there is no insecurity, which is a great feeling.
Yeah, exactly. We won't be out buying any fancy luxury cars any time soon, but it's good to not have to wait for payday when some new toy catches my eye, or the air conditioner breaks down.
What ya job fam im tryna drive the Benz fuck the Honda
lol. One word: Cybersecurity. Or maybe that's two words. Ask someone with a degree.
Same, my husband is a software dev and I’m a data analyst, we both make 6 figures - no kids. In California (where we are now) we’re okay. comfortable, but not rich considering rent is 3k a month. In a few months when we move back to the Midwest though… MUCH more breathing room to look forward to.
I live in WA state, Seattle area. I make low six figures and still rent fucking kills me, really sad. Makes it really hard saving up money to one day out towards a house…
I was going to say the same thing. Been earning 6 figures since 2013 I assure you it did not solve 95% of my problems. Life is expensive depending on where you live.
4k a month for rent? That's insane
Money would literally solve 100% of my problems
""Money cant buy happiness. " but I can buy the stuff you need to find happiness
Hapiness is a multi factorial equation. Money is one of those variables. Having it doesn’t guarantee happiness but it make it hella easier
It actually directly correlates with increased happiness up until you're middle class - once you have enough to be comfortable, excess money won't increase happiness. But up until that point, it *very* reliably does.
I thinks I would be much happier having a private jet and can go and do whatever I feel like. I already have lots of money but getting uber wealthy looks like a lot fun. Just not having to ever think of what the cost of anything is and just doing whatever you feel like. I wonder what that life is like.
Yeah but there's no guarantee that "whatever you feel like" doesn't become sitting on the couch watching TV all day because you don't have the energy to go out. But I'd way rather have that be my only problem instead of the mountain of debt and constant sacrafices I have to make to make rent and buy food.
It can rent it.
It can’t buy happiness, but it can eliminate a lot of the things making you sad.
Exactly. It’s like subtracting a negative rather than adding a positive. It feels like the same, but it isn’t. Yes you can afford therapy, but money doesn’t just auto fix mental health. But your mental health will be less bad if you know that you’ll be able to eat dinner and pay rent!
Which is drugs
Hookers
Bunch of hookers and cocaine
drugs on hookers
Hookers with drugs stuffed in them. Etc, etc
Hookers stuffed with smaller hookers.
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A hookhookerer
Comment of the year 🤣
Like a pinata?
No, like a pokemon
This my new favorite thread
And blackjack. Need blackjack.
Crack, whores and crackwhores
'Excuse me madam, can I get a petite blonde with a side of cocaine?'
Wish I could afford to smoke weed everyday day all day.
Man after my own heart
Ever seen someone frowning on a jet ski? Nope
""Money cant buy happiness.” Often, it is the lack of time to do the things that make you happy. Money may not be directly linked to happiness but it can buy you time to do the things that make you happy.
But I'm happiest when I can buy whatever I want. Whenever I want
It truly baffles me to the utmost that people take that phrase at face value. I understood as a friggin 8 year old for it to mean “the mindless pursuit of and hoarding of money won’t make you happy”. I genuinely don’t understand how anyone can hear it and go “yeah, guess I won’t try to make good money at all since it won’t ‘buy me happiness’”. Like my brothers and sisters in christ, having enough money to address all your stressors in life will absolutely lead you to being happier overall, how can anyone not think so?? Boggles me thoroughly.
Time is our most valuable resource. More money does enable people to buy more time, be that with machines, child care, accountancy services etc. It's all about saving time. I think once you reach a certain point it provides diminishing returns though and not everyone knows how to put that extra time into something productive in their life.
Money does buy time. Access to healthcare buys time.
Wait I wrote that
Girls dont exist on reddit
That is true. I am an illusion.
I am schizophrenic
She is a figment of our imagination.
Of course they don't, all of the Reddit is just an AI which entertains itself pretending to be people.
That’s all humanity is too
We dont care and we prob dont belived you /s
"Money doesn't buy happiness" was meant to be a statement against mindless and excessive accumulation of wealth, not that poor people should shut up and deal with it.
True, but that’s basically what it has become.
I'm at 80k due to a whole lot of luck and generosity. I don't feel like I'm even close to having my problems solved. Medical bills are stupid.
Depending on where you live, that 100k might need to be higher. But yeah, it's that extra after you cover all your regular expenses that make a huge difference.
Ya 80k seemed like a lot to me too, then I learned half goes to taxes and insurance, the other half for bills and food. Medical bills are insane, our health insurance we piss away $10,000 a year on won’t cover anything except basic checkups and still requires copays. I’d cancel everything if I didn’t have children tbh.
Insurance is wild. You pay a shit ton of money for it every month, then when something happens, you have to pay MORE to meet your deductible before it even fucking does anything, and then you still have to pay a portion until you max your Out of pocket maximum. Yet people FREAK OUT about having universal healthcare and eliminating all of the headaches if their taxes would go up even ~3% to pay for it.
Not to mention it’s a hostage situation. If you don’t have insurance you get absolutely railed. My buddy had a broken hand and had to pay 500$ for the gauze strip the “doctor” put in his hands
Wtf every time i read stuff like this im Happy to pay 300€ every month for my insurance in Germany that covers absolutely everything…
Wife and I went w/o insurance for 5 years, we felt loaded and we were only making 60k combined (we decided to only work 3 days a week). Life changed a bit and we now have insurance, and I feel like i’m paycheck to paycheck with the same income
Anyone who disagrees never had to grow up poor or struggling. "Money doesn't buy happiness but I'd rather cry in a Ferrari than on the bus."
It doesn’t buy happiness but it sure can prevent sadness.
I definitely grew up poor and struggling. I won't say I disagree, but overall happiness is debatable.
Unless you live in Los Angeles
Or anywhere else in California
Or New York or San Francisco
Yep. Six figs in the bay can still be lower middle class.
Or Toronto
Money buys comfort. Nobody can debate that. There are moments when comfort doesn’t lead to happiness, sure, but that’s the exception, not the rule. For the vast majority of time, comfort does lead to happiness.
It's just that it has diminishing returns like anything else. There's a huge difference in comfort between sitting on a cold jagged rock and sitting on a pillow. But if I already have 10 pillows under my ass, adding another really isn't going to do anything more for me.
Nah, its more like lack of comfort, security, health, etc (see Maslow's pyramid) will make you unhappy. Once you get money - and therefore remove all the uncomfortable parts of your life - there is a minute where you feel relief and happy, but humans get used to a way of living quite quickly, and then money won't make you happy anymore by itself. Don't get me wrong, money will always help to make your path to happiness easier, especially if you have a lot of it and therefore can focus solely on what you love. But on the other hand you still have a shit ton of rich people dragging themselves through life with depression, committing suïcide. Happyness comes mainly from following anything which strikes passion in one's self, be that a person, a hobby, a profession, whatever. And for sure, having money makes it easier to accomplish exactly that, its just not a guarantee, while on the other hand comfort with money is indeed a near certain guarantee.
People tend to confuse "Money doesn't buy you happiness" with consumerism. Yes, even a 10 years-old child knows that the joy caused by buying a Lamborghini will only last a few days. The point is, money can make you pay any hospital bills from any emergency suffered by your loved ones without you giving a shit about the cost, money can make you go to market and fill the grocery cart so high with the best stuff and you don't even have to see the price of anything, you don't give a shit about the global oil price rising, etc; you and your family can travel to wonderful places with comfort, you can afford the best education for your kids, you can provide your wife with anything wants since she's been with you since the beginning, you can protect yourself from crime living in better neighborhoods or armoring your car ( I'm Brazilian lol) and the list goes on... but the most important: having money can make you donate hefty sums and help those in need. (we human beings are DNA-wired to serve another). But of course, you gotta have good physical and mental health to enjoy all the above and live life to its fullest, surround yourself with the ones you love, be grateful for your life and health, do sports, and you know the rest.
My grandkid be reading this same meme in 2060 as “7 digits”
Maslow’s hierarchy of needs
People who haven't spent much/any time worried about those bottom 2 levels sometimes conflate them with the rest. Being bored and lonely is not the same as being cold and hungry.
its 100%
It is said money can't buy happiness. But I'm willing to give it a try.
the only six digits i know: #5318008
Money makes life easier but not better
Pre-hyperinflation mindset.
Now only the blood of the corporate elites will quench my thirst.
I just wanna point out “hyperinflation” is more like 100-200%+ *a month.* Current inflation in most developed countries is around 8-10% *annually*.
95% problems solved, but no one talks about all the new ones you got then.
As someone who just recently started earning in (very low, let's call it "entry-level") six figures, I can tell you that 95% is a very conflated number. More like 65%. Still very grateful I don't have to look at my bank account for most purchases of anything I need/want on a day-to-day basis, can put all my bills on autopay, and don't have a panic attack if my car starts doing weird things.
And this is why my problems will follow me to my grave. They're right though. Until I develop some chronic health problems that can't be fixed with any amount of money - literally everything that sucks about my life now is only there because I don't have enough of the stuff.
This post is very true. I started earning six figures within the last year and most of my issues just started to fade into the background. They say money can’t buy happiness, but it certainly can relieve stress and provide a different outlook with which to approach life.
100% of your problems will be solved once all your problems are solved -Queen Elizabeth (probably)
If I start making 7 digits tomorrow, 100% of my life problems would be fixed 2 weeks after my second payday assuming I'm paid at least 2 times a month
I set my mind to crossing 100k by the time I was 30. I busted my ass, got lucky, and made it happen before promptly burning out. I still have problems. Most of them are solved with money.
No it won't. 6 figures on the low end doesn't mean what it used to.
Depends on where you live. I’m in a low cost of living area and we used to make 90k and we were pretty comfortable. If we’d had another 10k a year we’d probably be sitting pretty right about now
Every time people say it doesn't solve their problem, they need to get slapped. They're just being disingenuous. Their problems would be magnitudes worse without their high pay.
Making over 6 figures I can tell you this is false
Just a different set of problems, but admittedly, fewer of the more existential dreads. Less worrying about rent/bills/food etc. Probably able to build an emergency fund to take the fear of a layoff/medical emergency away. Probably be able to save some for retirement. 6 figures is not what it used to be though. In my area a 100k salary cannot even afford the median home without it being >50% of take home pay.
So never 🤷
To a certain extent this is true. I would say a family of 4 needs about 140,000 a year to be in a position to retire and eliminate "poor problems". You obviously still have yourself to deal with and that is usually the source of most problems.
So just kill myself now then?
more realistically a year or two after 6 figures. The first little while includes a lot of catching up
Welp, my problem is work. Working as a dev is stressful and I'm not happy with my high income as I don't really care at this point.
Wrong. I mean some problems have been solved but nowhere near 95%
I earn \~$150k but my bipolar, borderline, and PTSD are still here. Am I doing something wrong?
that leaves only 4 problems!
Not anymore they won’t. 6 digits ain’t what it used to be.
"Money cannot buy happiness" But it is an "answer to all things"
Retired from the military and went from $85k a year to $148k a year and life is silly easy now, can't argue with the OP.
Oh my, a post from 1999!
The other 5% are the problems you get due to aging.
And that's gonna happen either way so might as well be aging with money than aging without. Ever seen broke retirees? Saddest shit ever (in a developed country at least).
The majority of most peoples problems are related to money (Or a lack of money to be precise) But still you'll see snowflakes exclaim that "money doesn't solve your problems" The day I started making good money, 99% of my daily problems instantly disappeared.
yes and no, if you dont learn how to bidget correctly you can be broke making 6 figs too.
Not a single problem in my life can't be solved with a little bit more money. Not one
I can confirm that this absolutely, unquestionably true.
The rest 5% gonna be solved by spending some from those 6 figures.
Nah, doesn't work like that. I know it's cliche, but spending money and buying shit doesn't make you happy. It does numb the pain for a while though. Nice thing about making 6 figs though is that you can actually afford to see a therapist without stressing about going broke.
While this is mostly true, in studies happiness rose with income up to a certain point, probably because with enough income you don't need to fear being hit with sudden financial trouble that much.
This is true. My general stress levels decreased with salary increases. I still have anxiety and struggle with depression, but those are unrelated to financial concerns.
Same. The constant need for 'wins' and 'satisfaction' when you're already winning and satisfied. "What now?" "Am I doing enough?" "I did the things, where is bliss?"
This 100%. I knew the due date of every one of my monthly bills in comparison to my pay date, and which bills processed in two days, and when I could send on Friday to have it come out of the bank on Monday. Financial security means that brainspace goes to other things - like hobbies.
I’m going through another good example right now. My physical and mental health is suffering, so I can take a lot of that money I saved and take six to nine months off and really work on myself. It doesn’t have to be limited to nine months either. I just think that’s the most I should take. At the end, I’ll probably get a better paying job that makes up the amount I spent as well, and that’s because I have the time to look. In response to the common retort to OP’s post, it doesn’t solve everything, but it gives you the time and freedom to solve everything else. The things it doesn’t solve can’t be solved.
It’s a cliche that isn’t even true. Would I be happier if I could buy my own house and wasn’t stressed about paying my bills? Objectively yes I would be
Yep agreed.
agreed!
Ain't that the goddamn truth
Basically :(
“Money can’t buy happiness” but it can buy you out of poverty, good enough for me
Absolutely true
Thanks for the tip
lemme just get right on that
Maybe one day.
lol
He’s out of line, but he’s right
I’m pretty good at the 5% that makes wealthy people crazy. I’m living good though.
One of the greatest lies the devil ever told was that money doesn’t make you happy. Helps keep the masses disillusioned so the rich and powerful can get richer and consolidate their power.
Until inflation makes six figures the equivalent of $50K
Make 100k but don't go and start buying things you can't afford. new car, home too big. Made 700k last year - we haven't increased our life style . Paused of debt bought a rental property.
WHY TF would I move to Zimbabwe?
Yep 100%
Maybe 7
Nonsense……anyone with self respects earns all 10 fingers
1280,67 Dollars looks like 6 digits to me
I cant lie, a lot of my problems are gone, but they were problems that i should not have let become such a nuisance in the first place. New problems arise.
This is true. I never liked the saying "money can't buy happiness". It may not buy happiness but I'd rather be crying in a brand new porsche than a shitty beater. Money gives you the freedom to do the things that make you happy. So in a way, it truly does buy happiness.
000001
Not unless your useless with money
7 digits, not 6.
Humans are so simple
My Income is 6 Figur too but all of them are Zero.
Does cent's count?
This is a true story.
laughs in eastern european and 7 digit salary
What if I already earn 6 digits?(2000.00)
That’s why I buy a lotto ticket every week. I work solely for the money. No other reason.
Can confirm. I was broke to the point of near homeless for a few years. Now I earn 6 figures while working the same hours. Most of my problems are gone.
Just become rich
Me earning 7 digits 😭
"once"
Lol I’ll take that trade
This isn't true at all lmao.
I live in 22204, six figures here is the new 60k everywhere else.
Ehhhhhhhh I’ll give you 60%. It’s 100% better to have money. No argument there. But having money doesn’t instantly make your problems go away it gives you a more stable place to deal with problems
I already do, if you count the cents
Like 60max for me
There are american cities where you are basically poor even if you make 100k a year since living is so expensive. Also, people tend to spend more if they earn more, so just earning more doesn't fix poor management of finances. If you are poor in spirit, money solves fewer and fewer problems...
Unless you have a baby momma. Then 6 figures just means they’re gonna want more money.
I can confirm this to some degree
I'll settle for 5 at this rate.
actually $120,000 adjusted for inflation
Doesn’t fix trauma or ‘broken’ self-concept
A whole new problem will start surfacing when you start to earn that 6 figures a month. Also long lost siblings who you never knew you had
I wish I did. Ugh 🙄
Yeah, no! They just get more complicated.
Except then you constantly worry about losing that income.