Quote: (01-19-2017 01:03 PM)C-Note Wrote:
I think it depends on what your goals are. In this forum we preach being self-willed and responsible for our own success in whatever endeavor we undertake. So, let's say your goals are related to these four categories: (1) International playboy, (2) master tradesman, (3) bohemian artist/off-the-grid Dharma bum, or (4) family patriarch. The acceptable salary by decade would be different for each of these four.
1. To be an international playboy means you need to have some custom-fitted, high quality clothes, be well-traveled, and be able to be a man-about-town. This takes some dough, depending on where you live. A low six-figure salary by the time you're in your late 30s is probably the appropriate target. Choose a career (finance, trade, banking, etc) that will get you there.
Nice analysis on all the rest, agree totally, but on this one, I've got to disagree, finance, trade, and banking tend to be 9 to 5 (or 9 to 9 in some environments) at entry level and then 9 to 7 at mid level and then 9 to 9 at upper levels. They also tend to not be remote, so this wouldn't work, unless international playboy means traveling for only one month a year, using vacation time. I'll also note that at higher levels in those fields, many folks tend to not take vacation.
So, to suggest a modification on this one (the other three seemed pretty solid), I'd say international playboy means working remote. I mean 100% independence, and that's going to be copywriting, SEO, web development, other forms of IT work, and owning your own business, either online or offline with remote options, such as being a landlord with a management company running your assets or some other business that can be tasked to a 3rd party.
As far as budget, it varies tremendously. If you dig lower income countries, 3k a month and you are living a very good life in one spot with travel here and there, 4k a month and you can travel to and from these countries without money worries. If you enjoy higher income countries, then 5k to 6k a month or more, depending on your tastes, will be required.
All that said, I also agree with SamuelBRoberts, the question itself is fundamentally wrong, as it assumes that society gets to decide what is "acceptable," when in reality it's you that decides. So whatever you think is acceptable, then that's what's acceptable. If you decide that your metric will be whatever you deem society to deem acceptable, then so be it, but I find society doesn't always have our best interests at heart.
As an example, society wants you to consume, consume, consume. Yet, it's in creation that we really find ourselves, not in consumption, so I would take society's standards with a grain of salt, because one size does not fit all.