Monday, August 24, 2009

The Difference

Now this is interesting. MSN Money has an article (well, it is really a blog post) trying to determine why some people earn $30,000 and some earn $100,000:

“Many commenters noted that, from their experience, high-income earners generally exhibit several of the following traits:

They maintain a strong work ethic.
They don't watch the clock.
They seek to improve their skills.
They do quality work.
They're flexible and adaptable.
They maintain a good social network.
They possess self-confidence.”

No surprise, but the comments were at least as interesting as the original post. “Luck” was absolutely named as a factor. In my experience, being at the right place at the right time is a big deal. Knowing someone that knows someone. But while I can’t cite it, I could swear there was statistical evidence that established tall people earn more than short people, and thin people earn more than heavy people. And that is before we even get to race, gender and ethnicity. And education. And choosing the “right” field.

I love reading this stuff – for the sake of argument. But the real question is: what is that salary worth to you? Are you spending your time the way that you want to spend it? Do you have a lifestyle that you can afford?

Assuming that your basic needs are met..What makes you happy?

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