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You're replacing a simple mental tool with a whole complex system. The problem with big complex systems like that is they're built on numerous assumptions. If y
by fusiongyro 14y ago
You're replacing a simple mental tool with a whole complex system. The problem with big complex systems like that is they're built on numerous assumptions. If you're decrying that someone might look at cost of living and base their whole life around it, sure, you have a point. If you're instead arguing that you will always come out ahead being where salary is higher despite higher cost of living, take note of your assumptions: real estate value changes rapidly, no two jobs are completely interchangeable, yearly raises are rare and getting rarer, people in our industry change jobs very frequently, and so on. You aren't necessarily going to "win" (whatever that means) simply by taking the highest paying job.
- ImprovedSilence 14y agoAll very true, and make no mistake, there are a seemingly infinite number of variables one would need to take into account to make a decision on a job/industry/location to live. I was just trying to make the point that most people don't actually stop and do some simple math, even when faced with large, possibly life altering decisions. Yeah, you never know everything, but you have to at least use the information available to you to make the best decision from the information you have. Otherwise you never make up your mind and end up nowhere. I guess I am really just trying to stress the fact that people all too often see money from a liner point of view, when in fact it can be advantageous to explore the exponential growth side of money as well. That's all I really want to get out there. It's a balance between basing decisions on the known present or the unknown future.
- fusiongyro 14y agoThis I agree with wholeheartedly.