4 ms·
Is there a number that will let you sacrifice your family life but also give you enough money to provide really good life for them? I am not saying it can make
by amerkhalid 5y ago
Is there a number that will let you sacrifice your family life but also give you enough money to provide really good life for them? I am not saying it can make up for missing parents from ones life but I have seen kids who grew up with workaholic parents and are thankful for them. They had Better schools, professional nannies and tutors, and now they don’t have to work as hard.
- JohnBooty 5y agoWhat a good, tough question. I'd suspect that it's less of an absolute "magic number" and more like a ratio compared to the alternative. Like a 2X or 3X salary increase, maybe more. If I was making $30K a year (slightly less than the national individual median income) and had kids, I'd have to strongly consider a $150K job that could open up a completely different set of opportunities for the kids. In a lot of places in America that's a leap from "borderline poor nutrition and you better hope you're smart enough to earn a full college scholarship... and try not to get shot in the meantime" to "safety, healthy food, and we're able to invest in your future." If I was already making $125K a year that $150K wouldn't be so persuasive. Not upending my life for that. Although, I suppose, once we start talking nannies and tutors we're probably looking at closer to $250-$500K anyway. A full-time nanny is... well, a full-time employee.