SPYR
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This is a trick that my Dad taught me to quickly determine a yearly salary for a 40 hour a week job.
Take the hourly wage, multiply it by 2 and add 3 zeroes (multiply by 1,000).
$20/hr * 2 *1000 = $40,000
This gives you an awesomely simple estimate for any 40hr/week job.
This quick formula gives you the 50 week total, so if you want to quickly know the exact amount for the year simply take the hourly wage, multiply by 80 (2 weeks at 40hr/wk) and add it to your total above.
$20/hr * 80 + $40,000 = $41,600
Easy right?
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Our perception of money changes throughout life, but I wish I could tell the person that’s making $10/hr that it’s not “good money” and trading more hours for more of it isn’t the best answer.
Instead I have to choke back my advice and not tell them to look for a smarter way to make money. Instead I congratulate them on getting a job.
It’s tough because I know that one needs to learn it for him or herself, but I wish I could somehow accelerate the realization that working more hours or more jobs is never the solution.
Working to live instead of living to work may be a cliche phrase, but it’s only gotten that way because it’s a true sentiment.
Trading time for money is one of the worst things that we can do with our lives yet it’s one of the inevitabilities that most people take for granted.
“Suffer through working the majority of your waking hours until you can retire. That’s life, suck it up.”
Ya, I don’t believe in that.
On that note, the movie In Time looks to be based around a concept that’s right up my alley. Time has replaced money as the form of currency. Replenish your time or perish.
Looks pretty cool. 🙂
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I’m always a little disappointed hearing the excitement someone has about getting a new job. I’m not a fan of typical day jobs or following the conventional life path in general and although I’m truly happy to see people pleased I know that the excitement of getting the job is very temporary.
Sure there’s astronauts and pro baseball players, people fulfilling their lifelong dreams, but most of us are getting average run of the mill jobs.
So what are we excited for? It’s the money and the dream of the life that the money will give us.
Unfortunately money doesn’t buy you the life you’re dreaming of, because many times it requires that you give up the majority of said life.
Shortly, very shortly, after getting the good paying job most of us are back in the ‘work sucks’ camp. Although the “only option” is to turn around and look for another better job. There’s got to be a good job out there, right? How about instead of looking for a job, search for/create a fulfilling life?
I know entrepreneurship isn’t for everyone, although anyone with drive will succeed, but although it may seem like a good job is one of the most important parts of a successful life, we’re much more insignificant than we want to believe. All the money in the world means nothing if you’re at the end of your life harboring regrets.
It’s time to live.
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It’s funny how some people talk in terms of street names. I personally have never had any inclination to remember street names. Ones of particular importance I obviously know, but a general knowledge of street names and locations isn’t something that I’ve ever cared about.
It’s probably because I started driving during the MapQuest era. Always being able to lookup and print out directions meant that I never had to know what streets were where. And considering today is the GPS era with everyone carrying a GPS receiver right in their pocket, I don’t imagine I’ll ever be one to know streets off the top of my head.
I do think this is generational though because I notice that people maybe 10+ years older than myself tend to speak completely in street names. Recently we were at a wedding and the gentleman at our table was talking about several xcellent restaurants in the city. Of course I’m jotting down the names and doing a quick google search on my phone for their websites, but I found it funny that he was adamant about explaining exactly where they were located, all be street names. “3 blocks north of X and Y, just east of Y on Z.”
Of course I politely oblige and allow him to explain the locations to me, as I always do, but I know full well that this just going to remain in my short term memory and then be gone. With the name and website I already have all of the information that I need 🙂
Although I’m all but useless when it comes to street names I can generally tell you which way North is. Not from a relative positioning sense, but from feeling. It may all be in my mind, but I’ve always felt North. To some people that may sound crazy, but recently I found a post that tells me I may actually be on to something > Humans May Have a Magnetic Sixth Sense.
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