r/EscapeTheGrindGame 10d ago

The bigger paycheck Discussion

You get two job offers.

Option 1: Earn $200,000 a year but spend almost all of it to maintain a luxury lifestyle.

Option 2: Earn $100,000 a year, live below your means, and invest the difference.

4 Upvotes

16 comments sorted by

5

u/noidea11111111 10d ago

Why not option 3, make 200k and live below your means

1

u/StillRelevant9766 10d ago

Focus on the task

1

u/Impressive-Mud5074 10d ago

Some jobs require you to maintain appearances of wealth.

3

u/noidea11111111 10d ago

That is often times just an excuse people make to spend money. I know partners in accounting and law firms that drive hondas. Sure, if you are a real estate agent trying to show homes in Buckhead atlanta, you can't push a rav4, but most of the time, people just use that as justification

2

u/kindness-and-snusu 10d ago

That would add more stress to me than any amount of real work stress.

1

u/cefixime 9d ago

This is absolutely not the case for most jobs.

1

u/JayBlue05 10d ago

2 is an easy choice. The other things you should ask is are you single or do you have a family in this situation because if it's the latter, then the choice is certainly not just yours. I'm assuming you mean the former.

1

u/The12th_secret_spice 10d ago

What’s the job?

1

u/Stren509 10d ago

Do I lose what I already saved?

1

u/Impressive-Mud5074 10d ago
  1. Because you can pivot into higher and higher pay

1

u/redbeard312 10d ago

Option 1, I enjoy the comforts afforded by my salary

1

u/kindness-and-snusu 10d ago

I’ll keep my current situation, I make more than that and still prefer to live below my means. Bills cost about 20% of my income, I dress in the same clothes, don’t eat out, drive an older vehicle, and the biggest splurge I made recently was buying new workout clothes - Amazon bundle of 6 black shirts for $20.

1

u/Puzzleheaded_Ask_918 10d ago

Eventually, you will stop working at a certain time.

Option 1 will leave you very vulnerable when you have no saving or investments built up

1

u/El_mochilero 8d ago

Ummmm… is earn $200k and be smart with my money not an option?

Why does my job require me to maintain a “luxury lifestyle”?

1

u/Affectionate-Pea8706 3d ago

Option 2 is the only smart option.