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re: At what point do you cross over to excess?

Posted on 12/15/14 at 2:02 pm to
Posted by AUjim
America
Member since Dec 2012
3663 posts
Posted on 12/15/14 at 2:02 pm to
quote:

didn't grow up with much

quote:

need and want for financial security outweighs the want for material things.


Very much the same for me. I don't begrudge anyone their salaries, savings, or possessions, but as I've watched this deal with Muschamp unfold, and heard all the opinions of what he'll do and won't do for whatever reasons I've been thinking, in actuality, what is the difference between 1.6 million and 1.2 million, really?

Not picking on him in particular, but where is the line where the salary jump really doesn't make a difference.

We had a great lady leave our company last month over a 3,000 annual raise. 3,000 (10% of her salary) was a lot to her and would impact her lifestyle in a significant way, but 10% makes very little difference to someone making 200K, other than more for the stockpile.... or does it make a huge difference?



Posted by Garfield
Kew Gardens
Member since Dec 2011
7785 posts
Posted on 12/15/14 at 7:49 pm to
quote:

where is the line where the salary jump really doesn't make a difference.


They have actually done studies on this. In the south they say around 70K.

I tend to agree based on my own experiences.

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