Wifey Got A Raise

@porwest Thanks for the answer.

@MALUSE You are welcome.

She makes about $40,000 a year. So, it's not much overall. But any extra money is nice even if we won't spend it.

@porwest I’m going to do my best to live as long as I can to collect as much of my pension as I can!

Beating inflation is the key, and when other costs go up that sure can eat away at any gains you might make. But, when you weigh in on the fact that you had a city job, you get to enjoy many benefits most other people don't get. That pension alone might make up for any earlier losses.

@moffittjc I don't blame you. You can bet that would be aim as well.

Thank you.

@porwest welcome!

@porwest

Yes. lol. I was VERY happy. I heard cash registers ringing too.

I am always proud of my wife. When I first met her she worked in the pharmacy at Walgreens. She's been in pharmacy her whole life, and these days she works for a major hospital in St. Louis.

@CarolDM It's a living. That's all I know. lol

@porwest That is great.

For us all, and for the sake of all of our livelihoods, this virus can be gone sooner rather than later. Life is too short and of course how we make money determines how much we can or cannot enjoy the time we have here.

@jefferson126 Luckily we do not rely on paychecks here. We get paychecks of course. But most of our money comes from other things.

@porwest ,indeed,in addition,i believed money can free a person more,if a person own enough money,he can live a life that he wanted,don,t have to do reluctant job.A friend told me money can make a person freer, i believed it.

Well, for us, we generally do not change our lifestyle at all. Any extra goes into investments and we prefer to spend the proceeds as opposed to the principal.

Congrats and hope it is nice enough to be noticeable. I never argue with more money, that's for sure.

On many levels I agree with this theory. However, my view of money is not what it is worth at face value, but what its INTRINSIC value is. Most people think of money in terms of simply earning it and simply spending it. If THAT is the thought process behind the money than your above theory is correct. However, most of our money is invested, and has been invested for years. We, for years lived below our means and continue to do so. The end result is that a pretty significant portion of our spendable income actually comes from interest, dividends, premiums earned on options contracts in the stock market, and proceeds from various investment strategies. The key, for us, is beating inflation. If I invest the 2% and earn 6% on the dividends that 2% earns, the inflation is cancelled out because both the principal value and the value of the interest it earns still beats inflation. I am still ahead. lol

Raises don't necessarily add up to much, but being recognized and paid a little more is always welcome. I wish my own company had that mindset, but raises do not exist where I work. I have to give myself a raise. lol.

Thank ya, thank ya.

Thank you very much. All of the money will be invested.

I am glad too. lol

One key to really enjoying ANY additional money we get, through whatever means, is finding ways to keep the principal and spend the proceeds. Over time this works out to quite a lot of additional income from income already made, and that's the point you reach when life really starts getting to be a whole lot more fun.

Very true. In these times when so many have lost jobs, the fact that we have been able to keep our AND raises come along as well? Win, win.