Comments on: Will a high salary make you happy?

By: What’s gone wrong with work – 2 « Simple Living in Suffolk

What’s gone wrong with work – 2 « Simple Living in Suffolk — Fri, 17 Sep 2010 22:06:53 +0000

[...] (or more rarely her) generation – the equivalent of today’s multiple A* student who aspires to earn a fortune in law or The City or medicine. And if anything, those that climbed out of the comprehensive school [...]

By: The Investor

The Investor — Tue, 08 Jun 2010 09:51:53 +0000

@BinFS – Shamefully it’s only now I’m getting officially old that I really realize the value of family and friendship. Of course, a higher salary can support seeing more of your family or friends, in certain circumstances. But as you say, it’s important to realize what’s actually making you happy if it does – and not to lose sight in chasing money.

By: The Investor

The Investor — Tue, 08 Jun 2010 09:46:28 +0000

Thanks for your thoughts Bret. I’d venture that’s slightly different though?

It’s not your salary making you happy – it’s you being more happy about the trade-off of your time versus what you’re paid for it?

By: Weekly Wisdom: Energizing Your Money Muscles » The Online Investing AI Blog

Weekly Wisdom: Energizing Your Money Muscles » The Online Investing AI Blog — Sun, 06 Jun 2010 08:30:29 +0000

[...] A bigger salary may help your financial status, but Monevator asks, Will a higher salary make you happy. [...]

By: Bret @ Hope to Prosper

Bret @ Hope to Prosper — Sat, 05 Jun 2010 22:39:47 +0000

Having worked in the computer field for 25 years, I have done the same job for both low and high salaries. And, I can definitely say that it’s a lot nicer working for the higher salary.

It’s very nice having a little wiggle-room in your paycheck after paying all of the bills. More money for me just equals more freedom. And, I’m working about the same amount of hours for the higher check, I’m just making more per hour. I can’t think of any downside, besides the higher taxes.

By: Weekly Favorites and Gratitude! «Budgeting In the Fun Stuff

Weekly Favorites and Gratitude! «Budgeting In the Fun Stuff — Sat, 05 Jun 2010 16:04:22 +0000

[...] with Will a High Salary Make You Happy? I think it helps but your social network of friends and family has a bigger [...]

By: Weekend Reading: It’s Official – BP has the Worst CEO in the World

Weekend Reading: It’s Official – BP has the Worst CEO in the World — Sat, 05 Jun 2010 14:05:17 +0000

[...] Monevator – Will a High Salary Make You Happy? [...]

By: Budgeting in the Fun Stuff

Budgeting in the Fun Stuff — Fri, 04 Jun 2010 19:40:51 +0000

I’m a big believer that your friends and family determine your base happiness and a higher salary just lends to more fun memories in the form of vacations and entertainment. So, yes, a higher salary would make me happier, but only if it didn’t cost me my social life. Great post!

By: Link Love: Friday June 3rd 2010 | Move to Portugal

Link Love: Friday June 3rd 2010 | Move to Portugal — Fri, 04 Jun 2010 14:26:43 +0000

[...] Will a high salary make you happy?at Monevator [...]

By: Matt

Matt — Fri, 04 Jun 2010 12:28:49 +0000

money does not equal happiness your right.. stop looking towards money for happiness like you said you will be disappointed …. you can be rich and happy tho…lets not forget that

By: The Investor

The Investor — Fri, 04 Jun 2010 11:40:49 +0000

@ermine – I can understand that thinking! But, well, I don’t see the South East in general as being sensibly valued. The truth is I could buy a house now, even in London, if I redeployed all my invested cash into property. But I see shares as offering much better value than property presently. I’ve screwed up my position in the housing market so much that buying now would be like suddenly folding in poker. I ow longer expect to do well from a collapse, but I think toughing it out until shares and property are at least more in line is the best compromise for me.

Indeed, one reason I’ve bought Lloyds shares is as a hedge. I’ve put about 2% of my net worth into them. If there’s no double dip in UK property prices, I fully expect them to triple from here over the next 2-3 years. If there is, they could get diluted away and go nowhere – but property would be much cheaper, too.

By: The Investor

The Investor — Fri, 04 Jun 2010 11:37:43 +0000

@Mark, thanks for that - had spotted it already a few weeks ago though and wrote my resulting thoughts on money, happiness and memories here on Monevator.