The New Salary Guide

There have been some interesting articles lately about salary and how it relates to happiness. This is a topic that has been debated for years and will likely be talked about for years to come. It was talked about in TIME (read) and also this post from the Wall Street Journal (read)

I think one of the ways to put this all into perspective is to ask what you’re sacrificing to get where you want to be. And take a look at this list of do’s and don’ts; I think we all have to sacrifice to be successful, but let’s make sure we’re sacrificing the right things.

Do sacrifice –
Pride: Sometimes pride must be sacrificed for a brighter future. You may need to wait tables or work a job you don’t like in order to create that space to succeed later. Pride can also get in your way when it comes to asking for help or advice. I wish I was quicker to humble myself sometimes and ask for that advice. How often has pride lead to destruction? Think about it.

Instant gratification: It’s so easy to have things now, to just charge it and worry about debt later. But I think we would all agree that the stress of debt can be unending. Some of this could be unavoidable, sure, but most things we can live without. This is a hard one for me, but something I’ve committed to work on. Everything about our society tells us we can have it now, so why wait? But imagine what your life would be like without any debt.

Some of what you have: No matter how much or little you have, being a generous person will lead to a better life and sense of well-being.

Don’t sacrifice –
Your health: I know it takes hard work to be self-employed. But once you start sacrificing your health, you’re headed for a crash. It’s simply not worth it and won’t help you in the end.

Your relationships: I’ve been blessed with so many wonderful relationships. I certainly could have been more ‘business-like’ in some of my dealings and went for the option that made more money, but I’m just not willing to do that at the cost of relationships. I believe what Zig Ziglar said to be true, “You can have everything in life that you want if you will just help enough other people get what they want.”

Morals: This should go without saying. But in an era of shady bank dealings, corporate scandals and political cover-ups, it seems like we’ve lost our morals sometimes. The truth is, even if something goes unnoticed, you will feel the repercussions of poor choices in some way or another down the road. It’s just not worth it.

What are some things you are and aren’t willing to sacrifice for that extra coin?

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