Hi all,

I have questions to people who is earning 5 figure salary or close to 5 fig. I may have type my sentence abit too short but i m expecting to read your experience on the point pertaining below. I appreciate your time for this.

1) As we are all experiencing throughout our career, started off from 2-3k freshie to 5 figure salary, what makes you push to this far?

2) Does money makes you happier? more fulfilling in your daily life? what do you aim to achieve?

3) What is the difference of your life earning RM8k that time and now maybe RM15K? what changes before and after?

4) What do you get from earning RM8k [before] than RM15k [now]? eg: new BMW or Mercedes. What is your point or goal in your life?

Thank you.

This post has been edited by demetry: Jul 3 2017, 05:29 PM

higher pay higher responbility = more stress given

agreed

now wan to get "weekend" also hard

the replies

keep it short and easy, when your salary reach certain figure, expectation and demand will also rise to different level, what make you push is the stress of losing it as you couldn't afford to lose those figure so you keep on alert about either maintain it or rising it.

I guess chasing salary is limited, chasing passive salary only will become limitless. The goal is to create income without working

Usually people that earns a lot but working for people, they only will notice how rich they are when the time they retired because they don't even have time to spend their money by working day and night.

More money doeant mean happiness. But it affotds u comfort, and confidence.

sky, how are you coping with ur daily work and your life quality when earning 5 fig? Are you enjoying your daily life?

Thanatos, are you an anon in forum? if yes, then appreciate your contribution.

1. Burden is the main cause, when you grow older, the responsibility become greater, such as family, loan, etc. which push you to have the desire to get higher pay

2. Not really, the only positive thing that I get is confidence, for example, when you at 2-3k salary, you will avoid mid- high end restaurant, but it become different when you are at 10k range

3. More money = less time, trying to protect your own personal time and family time, but the chances of failure become higher and higher

4. Maintain the living quality, not going for higher level, the extra you get every month goes to investment, to make sure you can have a better retirement life compare to others. For example, I afford to buy a 300k car, but i go for 30k car, save the extra and invest into other place

1) As we are all experiencing throughout our career, started off from 2-3k freshie to 5 figure salary, what makes you push to this far?
comfort of life, early retirement, so that can be trully YOLO style, need a house for new family.

2) Does money makes you happier? more fulfilling in your daily life? what do you aim to achieve?
depending on what i spent on, most of it make me happier except those forcefully needed to pay like government tax which i am unhappy with it... lol

3) What is the difference of your life earning RM8k that time and now maybe RM15K? what changes before and after?
willing to live more flexibly, need higher self control, need to prepare a budget more than ever so you will not spend over your income limit.

4) What do you get from earning RM8k [before] than RM15k [now]? chasing salary is limitless. What is your point or goal in your life?
early retirement, travel around the world with passive income.

i have problem enjoying my daily life even with acceptable salary. So i presume getting 5 fig will not make me any happier other than getting confidence, able to afford material, roof for family, etc. Future planning, i m still lack of it. I think i need positivity in life.

Not really. you will get stray away from life even you have massive passive income that you no longer need to work. You will be lost.

depends on how lifeless you are after u get to achieve passive income, and how u spend your life as well. Well, its kinda true for those who worked very hard day and night without a concrete target in future, when they reli achieved passive income dream, they gt lost in their life subsequently, and join back the workforce to work to death....

as for me now, its more to provide a decent financial for me and my future family when the time comes and up to date i still have alot of balance between my works and my personal life time management...

so let me tell you upfront. You have massive passive income, you party crazy, xxx with super hot chicks. etc, do whatever you want for few months or maximum 1 year. You will left wondering wtf are you doing with your time. That is your incoming problem.

good to hear bro.

Adui .. low salary also gt prob .. high salary also got prob

Just maintain some sense in work life and non work life cukup la ..

Just dont be moderate in everything and things will be fine ...

yea, thats the issue here, even you having a good job now, u will be thinking, why the fuck i sold my life to some ppl's company just to earn money that i dont know how to spend it or even better u are a business owner, throw all your time to grow your business, in the end you gt alot of cash with no target except to continue to grow your business til u die...

alot of dilemma there bro, hard to achieve a balance, maybe in the end... is all about your own happiness... some ppl dont feel happy with 5 figures income... some damn happy and satisfied with their 5k per mth income

life quality? don't talk about life quality when you earning such a figure working for people

enjoy or not enjoy depends on individual, if this amount of money are used to spend on family , surely you will enjoy because you hope for the best for them
but if only on your own-self, sometimes you will ask yourself back why you work so hard unless your hobby / interest needed such amount of money to support then you will very enjoy

most of the people around me that earning 5 or 6 figures , majority of the work they need to cope is about making decision / provide solution and developing diplomacy skill.

Comparing with those operational work and paper work , the gap is huge but this is expected. Great power comes with great responsibilities right

I like this reply.

1) Desire to provide for family and to make a name for myself. I want to reach a point where everyone in the company/business would know my name. I'm halfway there as people in about 30 countries where we conduct our business already knows my name. And it's not really pushing per se. It's just that our career advance as we go along (gain more experience, able to handle higher workload effectively etc). In this sense, money really is secondary.

2) No. Franky speaking.. My life is probably more miserable than when I was earning my fresh grad salary. I spend less time with family and friends now with increased work responsibilities and scope.

3) No changes. I still eat mixed rice for lunch, still don't spend on luxuries. Only thing that is different is I can give more to my family. And occasionally buy friends a meal.

4) This question is pretty similar to 1) and 3). There's no increased in satisfaction when I increase in terms of salary if that's what you're asking. Goal in life is to maybe retire early to spend my remaining time with people I care about.

P.S. My confidence is not tied to my pay. That's just sad.

This post has been edited by lostsoulx: Jul 3 2017, 05:20 PM

Its not tied to it, but it sure helps boost it
(Its like knowing your market value is at a certain level)