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J Hutt
How Money Works
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Comments by "J Hutt" (@jhutt8002) on "Yes Money Does Buy You Happiness - Even Beyond $75,000 Per Year! - How Money Works" video.
It really sounds strange for people make 70000 or so in a year in US, where costs of living (aside) housing are generally much lower, saying it's "just enough". I'm finnish engineer and make 45000 euros a year (roughly 50000 usd) with bachelors degree. It's slightly above median salary here, but everything costs much more and taxes are way higher. Of course I only have 2500 eur (3000 usd) student loan, and in countryside have inexpesive (yet big) house, but still.
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@Radbrad869 Well, after taxes I'm left with 2600 eur/month. Pay 500 eur mortgage, drive also about 100 miles for work. Diesel costs here 1,7 eur/liter (7,5 usd/gallon if I count right). I'm surprised how expensive electricity is there... Always though it was more expensive in Finland but I pay around 22 US cents/kilowatt. Past year I have managed to save around 500 eur/month, with all to other expenses. Last year I dried up my savings completely bying this house, and doing renovation.
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@jaynestag95 That'a just life. You'd still be less happy if you we're also homeless and/or hungry.
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Yes there is: For me enough money is when I can spend my time working on my own forest property, fixing my cars and equipment, maintaining house and have still enough money left to buy food. Around 1 million should be enough to get there. Question is, how to get that?
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@cat11112222 True on both cases. Except it's not college degree, but of university of applied sciences. I don't know how the payments for US student loans go. They sound crazy expensive, but how big portion of income it takes in practice is another thing. Being able to save 800$ monthly sounds pretty good though. Housing is expensive in central areas here too. But do you really need to live in expensive neighbourhood is another. Maybe population density high enough that you have to. I like to hear how life is elsewhere. That's why I chat here. I commute around 2 hours a day, because I live in the middle of woods. I actually like that.
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One of my favorite quote: When youre young you have time and ability to do anything, but no money. Grown up you have money and ability, but no time. And when you're old, you have money and time, but no capacity or strenght anymore. (I couldn't find better translation than "ability", "strenght" or "capacity" for finnish word "jaksaa" that literally means: "having mental and physical strenght to do what you want to do or what you need to do"...)
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