A Question of Time
Hypothetically, if you could earn $44,000 in a week (for simplicity's sake let's say that amount is net of taxes), would you rather:
(a) work one week, have 51 weeks of vacation-slash-training-time and earn $44,000 in a year
-or-
(b) work 50 weeks and earn $2.2 million in a year
I chose option (a) without hesitation, a friend looked at me like I was nuts.
(a) work one week, have 51 weeks of vacation-slash-training-time and earn $44,000 in a year
-or-
(b) work 50 weeks and earn $2.2 million in a year
I chose option (a) without hesitation, a friend looked at me like I was nuts.
Labels: enjoy the blog
posted by Courtenay at 6/12/2007
10 Comments:
Option (a) sounds fantabulous... at first blush. But if you make only 44k/an., you'd have to work that one week a year for a lot more years than you'd have to work those 50 weeks making 2.2 mil before retiring. Of course, if you had 51 weeks of vaca, that might not be so bad. But... How do you take a break from an endless vacation? You couldn't spend too much money, because you wouldn't be making be too much to begin with, so you're ruled out around-the-globe treks, long stays in fancy hotels, and expensive hobbies like flying, sailing and scuba-diving. If you have to wait for a while to have your time to yourself but you were making 2.2 mil/an., you'd have enough cash on retirement (one hopes!) to keep things interesting, no? Wow... Talk about over thinking. But, seriously, if you were only working one week a year... wouldn't you get seriously bored during the other 51?
are you thinking of making a porn video or something?
(i should have left that for a creepy guy to ask)
I live on less than $44,000 a year right now as it is, so option (a) sounds like one heck of deal. I could take on fun little jobs on the side, too--there are plenty of things I wouldn't mind doing for just a week, but not long term. That's why I was a temp for so long. I wouldn't really know what to do with $2.2 million anyhow.
omg
dina: trust me, i have tons to do. ride, recover, read, draw, run... and it's prolly the same idea as working for a few years at $2.2 per annum and retiring early - retirement is vacation too! one thing i have learned from working with rich folks is that if you make a lot of money, you spend a lot of money, in general.
t. marie: more creepiness from you young lady and i am going to REVEAL your TRUE IDENTITY FOR ALL THE BLOGGING WORLD TO SEE.
gilby: me too. on like the whole comment.
if i were single and young and had no kids, maybe (a).
if i were single and young and had no kids, maybe (b).
as it is now, i'd probably do (b).
Easy enough. A, because you'd probably actually be kind of rich by cyclist standards, and you could go live anywhere you wanted, because you wouldn't be stuck to some expensive apartment in a place close to a job. $44,000 goes a loooooong way in Buenos Aires.
Can I work two weeks and make $88,000? Or maybe I'd go crazy and work three weeks, but that's pushing it.
My question is "What would I have to do for that $44k?" I'd probably hate anything that paid that much after about a week anyway, so my answer is A, definitely, even with a kid and a mortgage.
I couldn't keep up my shoe collection and pay my car payment on $44k a year.....
I opt for the 2.2 for three years, the first buying the rental property to support my shoes, second to buy my big house on the beach and third to live off of for the next 30 years....
Doesn't work that way though, money is like a bad virus, one of those virus that science is still trying to cure but cannot kill it without killing itself and the human race. Once you make 2.2 for a year, you never stop seeing green. Next thing you know you are making campaign contributions to Bush Jr..Jr.. and getting tax breaks on your tax breaks....
I was going to make a clever comment, but they've all been made by the clever people who preceded me.
A) How long is that work week and what would need to be done. If it was like 65+ hours then I don't know how long I'd want to do that for. Now if I could do it and still do a bunch of other stuff I like to do then I'd be in for a year.
B) That 2.2 Mil will never feel like 2.2 Mil. Bigger boat, bigger house, bigger investments, more bikes, more vacations, more toys, blah blah and finally the reality that it does not yeild the American dream
All points made before.
Post a Comment
<< Home