How Much Does Your Perfect Workday Cost
When I was younger growing up in the city of Dayton, Ohio, I would have had a different perspective on How Much Money I will Need to Make to Have a Perfect Workday. At 19, I probably would have said 100k + with some sort of expensive car and a 3000+ square foot home. According to Angus Deaton and Daniel Kahneman’s 2008 and 2009 survey based on about 450k Americans, the sweet spot is about $75,000 per year. These are household numbers. Today at 41, I am more concerned with the quality of life than the quantity in my bank account.
Giving my family a good quality of life is way more important than me working 100 hours per week to live outside of my means and never be home to hear my wife’s crazy hospital stories or being too busy to show up at school events. For my perfect day to be perfect it will need to be a combination of family and work life.
A person must set up rules on when to shut down working hours:
- Define work times
- Put your phone down
- Vacation – Work hard but play harder
- Take time to breathe
It is very hard to calculate an arbitrary figure on the amount of money to equal happiness without a qualitative measurement of a family’s happiness.