Finance

What is your ideal salary and why? Curious to know if there is a magic number out there. Currently, I would like to make 150k+ by the time I’m in my 30s

likefunny
Reaction Icon Like
Arrow Icon
works at

Not enough

Reaction Icon Like
like
Arrow Icon

I want a 40-50 hours a week job for at least 120-150k somewhere in LA or SD. I wanna gtfo NYC and this finance rat race, it's not for me.

Reaction Icon Like
like
Arrow Icon

I feel you, I thought I’d be fine cause I’m a “competitor” but now it’s more like even if you can, it’s not worth the stress (in my opinion) when you can live on a lot less in another city and still live very well

Reaction Icon Like
like
Arrow Icon

When I was younger, I thought of it from a salary perspective like you. But over time, it became a matter of what my financial goals were. When do I want to hit 100k net worth, then 500k, then 1M. Sure, salary is a means to get there, but if you're susceptible to life style creep, and continually getting larger apartment, cars, and stuff that doesn't add to your NW, then 150k could be no better than 75k.

Reaction Icon Like
like
Arrow Icon

^This. You hear of so many people who keep saying that what they make ($300k<) is not enough or that they’re breaking even.

Reaction Icon Like
like
Arrow Icon

Single vs Married? kids #? which city?

Reaction Icon Like
like
Arrow Icon

I want a salary that is not linked to my past salary. NY and SF passed laws prohibiting salary info inquiry. London is still surprisingly behind, with certain places asking for years of salary history. In this context, career experiments, like joining startups can be very painful. And I also agree with people who posted above.

Reaction Icon Like
like
Arrow Icon

Related Posts

*weekly post complaining about hiring discrimination against males*

likefunny
Reaction Icon Like
Arrow Icon

Delta Platinum members, what bonus do you choose? Very likely gifting Silver Status to my spouse.

like
Reaction Icon Like
Arrow Icon

I got a new role in Ohio. My SO is freaking out about the bedbug crisis there. Any tips of how to protect against bedbugs?

like
Reaction Icon Like
Arrow Icon

If anyone wants to join a boutique HR & Talent Advisory consulting firm, Kincentric is hiring for an Associate Partner role! Location doesn’t really matter, but preferably in IL, NY, or ATL.

like
Reaction Icon Like
Arrow Icon

Download the app for more exclusive discussions.