that can be tomorrow or next year or in 10 years. All these FANG jobs hipocracy, egos, people who thinks they are smart and intelligent everything gonna go end. we are not eternal, very very short lived creatures. TC: just live the day as if it is your last day.
And to me TC is a measure of how well I will be able to do all of those things... also, the pace at which I am able to do those things is important to me.. I can save gradually at a modest TC and be comfortable by 55 (assuming of course I live that long to your point), but will I be able to all those things by then?
Thatâs my point right. We all are saving and sacrificing alot for future, and forgetting today. What if we have to leave everything one day.
My parents had financial misfortunes and made some poor decisions, I can tell you that not having enough is not a good place to be.. hence TC is imp to me, and although it wonât define what I do completely, it will always be an imp consideration
Id say its about doing something you like with decent to great pay is the way to go. Nobody would live today like its their last day because 99.999999% chance today is not your last day and doing that everyday means you dont invest in your future. And you will suffer later.
Agree, having something you like to do is super important, because it is virtuous cycle in my view - do something you enjoy, earn more as a result because you put a 100% into it, still searching
Hm okay, but what do you suggest? If thatâs the concern, then itâs not even about high TC, itâs about having a job at all. Why waste 8 hours at work when today might be your last day? Spend it with your friends and family, eat some tasty meal at your favourite restaurant... Why donât you want to do it? Because itâs not your last day. And you do need money. So you have to have a job to secure your future. You wonât live forever, but you and your family do have a future. Once weâve decided we do want to have some job - why not have high TC job if your qualifications let it? It will allow you to be more free in your lifestyle and it will give your family opportunities they wouldnât have otherwise. If youâd be offered two similar jobs, one for 50k and another for 300k, which ones would you take?
Why not retire when we're young and get euthanized when we can't afford shit anymore? I'd rather enjoy retirement while I still have the health and energy.
Which LCOL/MCOL countries/cities are you targeting for young FI?
I haven't thought that far ahead yet.
TC is important because wealth distribution is so unjudged and we are trying to pull it back to balanced. maybe you would fit better in a communist society, where everyone contributes what they can, and gets what they need. And then you can live the day as if it's your last day.
TC impacts both quantity and quality of the years you live
A wise man once said.. "Become rich before you become a philosopher... No one listens to a poor philosopher."
Shahrukh Khan
Once you reach the self-actualization stage of life TC becomes an independent measure of âAm I my best self?â Itâs no longer about providing safety, or getting esteem, but a measure of personal success.
I agree with this on more than just TC. I apply this to my hobbies like cooking and exercising too.
Agree with the thought.. however donât we also live in a world where money is super imp.. for example I aspire to give my parents good experiences and comfort while they are around, be able to travel the world with my wife and daughter, and give her a good life.. all that requires money
How much do you think that will need?
Yea Agree. Whole world revolves around the money. But we all are working like we will live forever.