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Earning around 75000 usd/year as a software dev in Denmark. Very relaxed work, fun days, flexible time, no education, paid house and car in cash, never loaned,

by dusted 8y ago

Earning around 75000 usd/year as a software dev in Denmark. Very relaxed work, fun days, flexible time, no education, paid house and car in cash, never loaned, still got more money into my account each month than I know what to do with, it just accumulates, live a very comfortable life, never looks at prices when shopping, never in need of anything. Profoundly confused why one would focus on obtaining such excessive salary.

allendoerfer 8y ago
It gives you the freedom to do what you want. If you had unlimited amounts of money, would you still work at your current job, or would you do something else?
- dusted 8y ago
  Earning 200k vs 75k won't give me any measurable increase in freedom to do what I want. Earning 2M for a while might. Earning 200M once would definitely. Freedom to do what you want does not increase linearly with income. For example, one step is "Not affording any car" Now, affording any car allows way more freedom than not affording any car. A used, but good condition car can be a major improvement from a less reliable car, but it's not as major an improvement than car vs no car, but it comes with only a slight increase in income. A brand new car presents even less relative improvement from a good-condition used car, but requires a significant increase in income. A brand new exotic sports car is at the other end of the spectrum from "any car at all", an order of magnitude higher price for no practical value at all, but some increase in some kind of personal fulfillment or measure of success. Diminishing returns indeed. This applies to homes, goods, leisure activities. So, unless you can get to the point of being "fuck you" rich, salary does not really matter. It's not like 200k would grant me significantly more leisure time, probably quite the opposite, I'd be expected to work more and harder, for what? being able to buy the luxury car instead of just a normal car? Nah.
  - badpun 8y ago
    > So, unless you can get to the point of being "fuck you" rich, salary does not really matter. That's the main point of having a high salary for a lot of people.
  - whttheuuu 8y ago
    200K will allow you to work almost 3X less in the long run
whttheuuu 8y ago
Unless you want to work for the rest of your life, you either earn more now, or keep earning for a longer period. It's about achieving freedom
scalesolved 8y ago
So obviously this is from a lightning fast google but I saw figures putting m2 of property prices away from the center of cities being $3.4k. That combined with what a 50% tax rate makes me surprised you paid a house and car off in cash unless the house is small (perhaps you don't have dependents too?) and you've been at that earning rate for a long time? I'm not disputing, I'm impressed and being debt free is an amazing luxury to have!

by dusted 8y ago

allendoerfer 8y ago

It gives you the freedom to do what you want. If you had unlimited amounts of money, would you still work at your current job, or would you do something else?

dusted 8y ago
Earning 200k vs 75k won't give me any measurable increase in freedom to do what I want. Earning 2M for a while might. Earning 200M once would definitely. Freedom to do what you want does not increase linearly with income. For example, one step is "Not affording any car" Now, affording any car allows way more freedom than not affording any car. A used, but good condition car can be a major improvement from a less reliable car, but it's not as major an improvement than car vs no car, but it comes with only a slight increase in income. A brand new car presents even less relative improvement from a good-condition used car, but requires a significant increase in income. A brand new exotic sports car is at the other end of the spectrum from "any car at all", an order of magnitude higher price for no practical value at all, but some increase in some kind of personal fulfillment or measure of success. Diminishing returns indeed. This applies to homes, goods, leisure activities. So, unless you can get to the point of being "fuck you" rich, salary does not really matter. It's not like 200k would grant me significantly more leisure time, probably quite the opposite, I'd be expected to work more and harder, for what? being able to buy the luxury car instead of just a normal car? Nah.
- badpun 8y ago
  > So, unless you can get to the point of being "fuck you" rich, salary does not really matter. That's the main point of having a high salary for a lot of people.
- whttheuuu 8y ago
  200K will allow you to work almost 3X less in the long run

whttheuuu 8y ago

Unless you want to work for the rest of your life, you either earn more now, or keep earning for a longer period. It's about achieving freedom

scalesolved 8y ago

So obviously this is from a lightning fast google but I saw figures putting m2 of property prices away from the center of cities being $3.4k. That combined with what a 50% tax rate makes me surprised you paid a house and car off in cash unless the house is small (perhaps you don't have dependents too?) and you've been at that earning rate for a long time? I'm not disputing, I'm impressed and being debt free is an amazing luxury to have!