The Reality of Making Over $100K per Year: Is it Worth the Struggle?

The Illusion of Financial Satisfaction

Making over $100K per year may seem like the ultimate goal for many individuals. It's often associated with financial freedom, luxury, and a sense of accomplishment. However, the reality is that earning a six-figure income doesn't always bring the significant meaning or satisfaction that one might expect.

While $100K may sound like a substantial amount, it often only allows for small luxuries and can even lead to a sense of guilt towards friends and family who are struggling financially. The truth is that the cost of living can quickly eat away at a six-figure salary, leaving little room for extravagant spending or long-term financial security.

Reaching the $100K threshold can be a challenging journey. It often requires starting at the bottom of the career ladder and working multiple jobs, changing careers, and constantly seeking promotions and raises. This path is not for the faint-hearted, as it demands dedication, perseverance, and a willingness to step out of one's comfort zone.

One individual's success story serves as a testament to the difficulties of achieving a six-figure income. They went from earning $38K to $100K in just five years as a software engineer. While luck played a role in their success, they soon realized that surpassing the $200K mark was not as easy as they had hoped. The ability to earn higher salaries often depends on stock options, bonuses, and other benefits that may not be available to everyone.

However, there are alternative paths to making over $100K per year. Choosing a trade, such as plumbing, can lead to earning a six-figure income after completing a five-year apprenticeship. This route comes with its own set of challenges, including the need to balance work, education, and personal life. Yet, for those willing to put in the effort, the financial rewards can be significant.

Another viable option is pursuing a career in software engineering. By taking this profession seriously and staying with a company long enough to receive higher-paying job offers, one can potentially earn $150K by the age of 35. It's crucial to choose a job that is in demand and pays well enough to support one's desired lifestyle.

Making over $100K per year is not a guarantee of happiness or fulfillment. It often requires significant sacrifices, career changes, and constant effort to reach this income level. While it can provide some financial security and opportunities, it's essential to consider the trade-offs and whether the pursuit of a six-figure income aligns with one's personal values and goals.