“Money is not going to make you happy, but an absence of money can buy you whole lot of miseries.” -Jordan Belfort
Money can’t make you happy, but sometimes money is a good source of momentum happiness. That’s why money can buy you happiness sometimes.
Most people have really bad approach to money. It’s just paper, albeit very needy paper! However, money is paper for survival, not a thing to die for. We have to find what makes us happy and persist in it; money will come anyways, even if the thing that makes us happy is selling colorful balloons.Advertising
Without money we are savages. We will have to go in the jungle and hunt for food, just like the old times. What this world is making us do is forcing us to work, to make money, to pay bills, to have home, and to have food for us and for our family. Without the three basic needs–food, water, and shelter–we are unable to survive as human beings.
Without hydration, a safe place, and a full stomach there will never be happiness, and that’s why money can buy us happiness.
1. Food and water
Breaking down to the smallest things that are inevitable for survival, we jump to the sources of vitamins, minerals, proteins, fats, water, and carbohydrates.Advertising
We have lot of choices of how to digest the basic nutrients our bodies need. More paper (cash) is going to give you the freedom to buy healthier products. We have junk food ($10-25 per day) and the healthy meals ($35-65 per day) depending on the costs of the products per country.
The body functions properly and more energeticly when we inject healthy products, but those healthy products cost more. By the fact that we are energetic and we have the proper satisfaction of the basic nutrients, we are instantly happier.
Since I personally started to spend more money on food and invest in my health, I am a new and happier man. The body needs more care because we have so many things to get sick from. Our bodies cannot fight against bacteria unless we invest in the battle. Money can buy healthy food and water, which brings happiness.Advertising
Some people’s luxury is being able to rest for a day, and some people’s luxury is having one day to go hiking and inhaling the clean air, but people who enjoy living “the good life” will need an excessive number of the expensive paper.
In fact, if you enjoy in the luxury that money can buy, you will never get enough of it. Luxury has so many ways to satisfy a person, that if one enjoys in luxury, one won’t be able to experience all of it. It’s like an endless fight for satisfaction. But to be able to have that satisfaction, we must have excessive abundance of money, which is hard to come by these days.
Money can buy you happiness if you’re the type that gets satisfied from the material things such as yachts, big houses/apartments, golf clubs, Bentleys and Rolls Royce, Hublots, Champagnes (Dom Perignon), caviar and Grey Goose…the list can go for ages.Advertising
3. The choice
I’ve came to a conclusion that money being able to buy happiness is a matter of choice. Some people believe that everything comes from money (love, power, respect, freedom of choice, fun). Others believe that money is a thing for survival and nothing more. The happiness that they strive for comes from the things that can’t be bought with money (love, the small things, the authentic friends, somone to rely on).
It’s a choice that we have to make, whether we go for the money and get all the satisfaction for the things that can be bought from money, or believe that happiness is a choice, and that choice has nothing to do with money.
There is a quote from Albert Einstein that impacts my thoughts on this subject: “If you want to live a happy life, tie it to a goal, not to people or things.” But as I said, everyone is different and the choice you have to make is yours.
Featured photo credit: Dollars An American $100 dollar bill/401(K) 2012 via flickr.com
Published on November 8, 2018
How to Answer the Tough Question: What are Your Salary Requirements?
After a few months of hard work and dozens of phone calls later, you finally land a job opportunity.
But then, you’re asked about your salary requirements and your mind goes blank. So, you offer a lower salary believing this will increase your odds at getting hired.
Unfortunately, this is the wrong approach.
Your salary requirements can make or break your odds at getting hired. But only if you’re not prepared.
Ask for a salary too high with no room for negotiation and your potential employer will not be able to afford you. Aim too low and employers will perceive as you offering low value. The trick is to aim as high as possible while keeping both parties feel happy.
Of course, you can’t command a high price without bringing value.
The good news is that learning how to be a high-value employee is possible. You have to work on the right tasks to grow in the right areas. Here are a few tactics to negotiate your salary requirements with confidence.
1. Hack time to accomplish more than most
Do you want to get paid well for your hard work? Of course you do. I hate to break it to you, but so do most people.
With so much competition, this won’t be an easy task to achieve. That’s why you need to become a pro at time management.
Do you know how much free time you have? Not the free time during your lunch break or after you’ve finished working at your day job. Rather, the free time when you’re looking at your phone or watching your favorite TV show.
Data from 2017 shows that Americans spend roughly 3 hours watching TV. This is time poorly spent if you’re not happy with your current lifestyle. Instead, focus on working on your goals whenever you have free time.
For example, if your commute to/from work is 1 hour, listen to an educational Podcast. If your lunch break is 30 minutes, read for 10 to 15 minutes. And if you have a busy life with only 30–60 minutes to spare after work, use this time to work on your personal goals.
Create a morning routine that will set you up for success every day. Start waking up 1 to 2 hours earlier to have more time to work on your most important tasks. Use tools like ATracker to break down which activities you’re spending the most time in.
It won’t be easy to analyze your entire day, so set boundaries. For example, if you have 4 hours of free time each day, spend at least 2 of these hours working on important tasks.
2. Set your own boundaries
Having a successful career isn’t always about the money. According to Gallup, about 70% of employees aren’t satisfied with their current jobs.
Earning more money isn’t a bad thing, but choosing a higher salary over the traits that are the most important to you is. For example, if you enjoy spending time with your family, reject job offers requiring a lot of travel.
Here are some important traits to consider:
- Work and life balance – The last thing you’d want is a job that forces you to work 60+ hours each week. Unless this is the type of environment you’d want. Understand how your potential employer emphasizes work/life balance.
- Self-development opportunities – Having the option to grow within your company is important. Once you learn how to do your tasks well, you’ll start becoming less engaged. Choose a company that encourages employee growth.
- Company culture – The stereotypical cubicle job where one feels miserable doesn’t have to be your fate. Not all companies are equal in culture. Take, for example, Google, who invests heavily in keeping their employees happy.
These are some of the most important traits to look for in a company, but there are others. Make it your mission to rank which traits are important to you. This way you’ll stop applying to the wrong companies and stay focused on what matters to you more.
3. Continuously invest in yourself
Investing in yourself is the best investment you can make. Cliche I know, but true nonetheless.
You’ll grow as a person and gain confidence with the value you’ll be able to bring to others. Investing in yourself doesn’t have to be expensive. For example, you can read books to expand your knowledge in different fields.
Don’t get stuck into the habit of reading without a purpose. Instead, choose books that will help you expand in a field you’re looking to grow. At the same time, don’t limit yourself to reading books in one subject–create a healthy balance.
Podcasts are also a great medium to learn new subjects from experts in different fields. The best part is they’re free and you can consume them on your commute to/from work.
Paid education makes sense if you have little to no debt. If you decide to go back to school, be sure to apply for scholarships and grants to have the least amount of debt. Regardless of which route you take to make it a habit to grow every day.
It won’t be easy, but this will work to your advantage. Most people won’t spend most of their free time investing in themselves. This will allow you to grow faster than most, and stand out from your competition.
4. Document the value you bring
Resumes are a common way companies filter employees through the hiring process. Here’s the big secret: It’s not the only way you can showcase your skills.
To request for a higher salary than most, you have to do what most are unwilling to do. Since you’re already investing in yourself, make it a habit to showcase your skills online.
A great way to do this is to create your own website. Pick your first and last name as your domain name. If this domain is already taken, get creative and choose one that makes sense.
Here are some ideas:
Nowadays, building a website is easy. Once you have your website setup, begin producing content. For example, if you a developer you can post the applications you’re building.
During your interviews, you’ll have an online reference to showcase your accomplishments. You can use your accomplishments to justify your salary requirements. Since most people don’t do this, you’ll have a higher chance of employers accepting your offer
5. Hide your salary requirements
Avoid giving you salary requirements early in the interview process.
But if you get asked early, deflect this question in a non-defensive manner. Explain to the employer that you’d like to understand your role better first. They’ll most likely agree with you; but if they don’t, give them a range.
The truth is great employers are more concerned about your skills and the value you bring to the company. They understand that a great employee is an investment, able to earn them more than their salary.
Remember that a job interview isn’t only for the employer, it’s also for you. If the employer is more interested in your salary requirements, this may not be a good sign. Use this question to gauge if the company you’re interviewing is worth working for.
6. Do just enough research
Research average salary compensation in your industry, then wing it.
Use tools like Glassdoor to research the average salary compensation for your industry. Then leverage LinkedIn’s company data that’s provided with its Pro membership. You can view a company’s employee growth and the total number of job openings.
Use this information to make informed decisions when deciding on your salary requirements. But don’t limit yourself to the average salary range. Companies will usually pay you more for the value you have.
Big companies will often pay more than smaller ones. Whatever your desired salary amount is, always ask for a higher amount. Employers will often reject your initial offer. In fact, offer a salary range that’ll give you and your employer enough room to negotiate.
7. Get compensated by your value
Asking for the salary you deserve is an art. On one end, you have to constantly invest in yourself to offer massive value. But this isn’t enough. You also have to become a great negotiator.
Imagine requesting a high salary and because you bring a lot of value, employers are willing to pay you this. Wouldn’t this be amazing?
Most settle for average because they’re not confident with what they have to offer. Most don’t invest in themselves because they’re not dedicated enough. But not you.
You know you deserve to get paid well, and you’re willing to put in the work. Yet, you won’t sacrifice your most important values over a higher salary.
The bottom line
You’ve got what it takes to succeed in your career. Invest in yourself, learn how to negotiate, and do research. The next time you’re asked about your salary requirements, you won’t fumble.
You’ll showcase your skills with confidence and get the salary you deserve. What’s holding you back now?
Featured photo credit: LinkedIn Sales Navigator via unsplash.com
|||^||Gallup: Worldwide, 13% of Employees Are Engaged at Work|
|||^||Neil Patel: Inside Google’s Culture of Success and Employee Happiness|
|||^||CNBC: The 25 highest-paying companies in America|