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by dx87 2720 days ago
Overall I agree with the article, and would gladly trade my high paying job for one that I actually enjoy, as long as I could be sure that I can make ends meet. The one disagreement I have is the assertion that we should be happy making "just enough" money that we need. "just enough" can change due to circumstances outside our control, so earning more than enough gives you some cushion for when things don't go as planned. For example, a couple of years ago I was laid off due to budget issues at the company, and since I had been earning more than I needed, my wife and I were able to still live comfortably off savings while I was unemployed for a few months. If I had been earning "just enough", I might have lost my home when I suddenly started earning nothing.
4 comments

> Overall I agree with the article, and would gladly trade my high paying job for one that I actually enjoy, as long as I could be sure that I can make ends meet.

I think research has found that people really overestimate how much "meaningful" or "enjoyable" employment is worth to them. Last I read, it was worth about 20% of one's salary on average, at least when you survey people.

To me, this makes sense. We have a limited number of days on this earth. If we're going to trade some of them for other resources, it's easy to see that you should get the best value for that trade possible. Anything less is basically giving away parts of your life.

Now that doesn't mean you should take a job that is actively unpleasant or unethical (although it explains why people do). But, personally, I can picture being significantly more satisfied with the day to day of my job. My current workplace is pleasant but not necessarily highly stimulating. On the other hand, it is highly compensated with good hours. That's the most important to me.

You were earning just enough. Don't listen to people whose time horizon isn't further than the next month's paycheck.
I totally agree, and while a good % of HN readers probably are making a lot, the vast majority of people (at least in the US) are living month to month.
I went mattress shopping yesterday. The fact that there's options for financing a $2000 purchase is indicative that "just enough" is, in fact, not.
This is one of those crazy cases where parts of American population were seemingly hypnotised by advertising and are spending insane amounts of money on a commodity item. Here in Poland, the most I've paid for a mattress was an equivalent of $130. I've never had problems with them.
We ended up buy a model that was about $2000 just because we could tell the difference between the $700 model. But yeah, why is it $2000? What value is there actually in the mattress that justifies it? And if a cheaper option exists that would allow one to exist within one's needs, why not get that instead?
There are some very good mattresses online for much less than 2k. We recently got some all-latex (normally very expensive) twins for $600.
I live month to month, as should everybody. Financially secure people just have their savings plans in order, so what is left over after all their savings is what they live on. Financially insecure people don't keep money going into savings.

You can't take it with you, and you don't know how long you have to live. So there is no point in saving money for the sake of saving money. There are few religions that disagree, if you belong to such a religion I guess saving for the next life makes sense.

There's some comfort to that which people don't realise, living month to month means you are more in the moment, while you can always dream and strive for a more easy life, that toil gives you purpose, and you can clearly see the happy times when they come. Not to say I would want that or encourage it, but ignoring that side to it denies the happiness that could be found. It sounds like such a middle class problem, and it is. Though suffering exists no matter your income.
Just beware lifestyle inflation