Last week, there was an article that mentions that when one makes $75,000 a year. After which, any extra dollars made doesnt increase happiness level. Its not that the money makes you happy but with that level of income, you should be able to afford most stuff needed for a comfortable life, comfortably. Hence its the level that maxes the satisfaction of material things I guess.
The problem with the article is that it didnt mention whether its the Gross income of $75,000 or Nett income $75,000. And also the article mentions USD... so I did some calculations to see for myself what it means.
Gross $75,000 SGD
Usually there is the 13th month,
so $75,000 / 13 = $5769.23 per month in terms of Gross pay.
After taking away cpf, = $5769.23 x 0.8 = $4615.39.
So that meant if your take-home pay is $4616, you are there.
Nett $75,000 SGD
$75,000 / 13 = $5769.23 per month in terms of Nett pay.
So take-home salary of $5770, you are there.
Am I there yet?
Nope.
Its something to work towards yet not be a slave to just purely making money.
Money also has to be enjoyed, otherwise one would end up with lots of it, yet dying and leaving to others. Or just let money-making blinds one to other equally important things in life. Or be a slave to money, living from pay-to-pay. Or struggle with the issues of shelter and food.
Life is a long process; with it has its ups and downs. Not always smooth-sailing. Yet there are enjoyable parts. Can make certain things happen with your own effort and also some money. Make life more meaningful for yourself. Dont have to worry about shelter and food. Can move up the Marslow's hierachy of needs to higher levels. I guess that's the best thing money can do.
No comments:
Post a Comment