The more salary you make, the more money you lose.(nichea.info)

3 pointsby manipalvor 18 Jahren4 comments

The more salary you make, the more money you lose.

http://www.nichea.info/2008/09/more-salary-you-make-more-money-you.html

5 comments

brkvor 18 Jahren

WTF? Taxes are done in brackets there is no practical case where earning more income nets you less, the higher taxes would only be on the incremental income.

And here is another news flash, you can SAVE/INVEST some of that higher salary, you don't have to actually spend it all. Doing this makes you less tied to your job, because if you manage your money well, you can have savings to carry you through a jobless time, and no debt because you pay your bills in full each month.

Every once in a while you read articles like this and just wish you could revoke someones blogging license.

morphle2vor 18 Jahren

This article missing the point completely. There are two valuable point to make about earning more money, and neither of them are in it. - When you make more then you need, making more doesn't make you happier. - When you make more then you need, you might adjust your spending to it and start believing you need so much money. Then having a high income actually reduces your freedom.

gaiusvor 18 Jahren

Definitely. The ideal (for me anyway) would be enough of a salary to live on, and a good bonus - to stay lean, but still be well rewarded.

High salaries are a two-pronged strategy for a company. First it aids retention by "trapping" employees in a lifestyle. Secondly it raises barriers to entry for direct competitors. So long as you are aware of what's happening, enjoy it while it lasts, and make sure you stash some away.

holaamigosvor 18 Jahren

Yeah - like you are going to refuse a pay rise?

I have yet to meet someone who does not want more. However, rationalizing that you are at the perfect pay now is a good strategy for happiness.

knownvor 18 Jahren

Cash is king. Period.