Link Love (the Contemplative Edition)

By Eemusings @eemusings

One of our Class of 09 journalism grads went straight into a combo PR/marketing/admin role at $60k a year. I remember her telling us that, and I'm pretty sure my jaw literally dropped when she named the figure.

$60k is, and has always been, an interesting number to me. I feel like it's quite a polarising one.

To a huge section of the population, it's a number they'll never hit. To others, it's an entry-level income.

A colleague recently asked for my thoughts on a piece of work that he was involved in. It will reach thousands and thousands of people - from all industries, regions, life stages, etc - and it had to reference a certain number as an example. Specifically, it had to be an example of an average salary over a lifetime.

Was $60k too high to cite as an average salary over a career, he wondered?

Old me would have said yes. New me, no.

But I'm not sure if I'm in the majority on that - I suspect possibly not, given that NZ is such a low wage economy.

I used to think $60k was so much money. But realistically, in Auckland, it is not. It's possible to survive on a $40k journalism income, but if you aspire to more than just survival...

I wanted to hit $60k when I left journalism, but it felt like so much to ask for. I could not imagine my work being worth $60k. They offered me a salary even higher than that, and at that point I suspect my jaw literally dropped, once more.

Failing to value yourself is a key trait of underearning - a concept I've really only stumbled across in the past year or so. And that, my friends, is the topic of my very next post. Stay tuned.

This week's links

How much do flight attendants really make? How to buy a house in your 20s Don't let your debt depress you Yes please. Stop telling your friends to become an entrepreneur How to spend money on yourself and your own happiness!