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by Wowfunhappy
1208 days ago
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> Very few people earn enough money to actually choose to work less. I don't believe that. I don't know GP's income, but I'd hazard a guess that most Hacker News users are making significantly above the median income in their country of residence. To the individual who has gotten used to a certain lifestyle, it may well feel as though they need as much money as they have, but there are lots of people who live on much less. That means people are choosing to prioritize their current lifestyles over working less. And that's fine, but it is absolutely a choice! (I do think culture has a roll to play as well—when 40 hours is the expectation, going down to 30 often means more than the 25% pay cut it logically should entail. But the fact remains that people don't do it.) |
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In the US where I live and the public safety net is rather thin for example, one could downsize income in pursuit of better work life balance and be getting along fine, but wind up in trouble when say major medical expenses strike and chew through income and start eating through savings.
So even if I started living extremely frugally I wouldn’t feel comfortable moving to part-time until I have enough padding to not be completely financially ruined by a series of unfortunate events. Of course this is possible even working full-time, but the increased income that brings improves the situation considerably.