from Hacker News

You can't rely on a salary to get rich

by bennetthi on 7/17/14, 8:08 PM with 3 comments

  • by reflect on 7/17/14, 8:40 PM

    This is mainly about creating your own wealth. The first basic question is how do you want to spend your time? Since we are creatures of habit, having a scheduled 9-5 job with someone else directing you can be very comforting. It takes a special kind of person to go off and schedule your own day, work hard towards a goal, all while fitting in your normal life in between. With a job, you are forced to go to work at a set time, then when it's done you go home and continue your life for a few hours. Not everyone wants to spend that time creating wealth.
  • by brothe2000 on 7/17/14, 8:20 PM

    Depends on how you define rich. It's all about income and expenses. The millionaire next door typically doesn't live in a massive house with extravagant cars.

    Salary plus commissions can get you $250,000 a year as a sales person with little experience if you are willing to work hard and can handle rejection.