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Reply to "I make good money but am now constantly worried about losing it"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I recently broke into a seven figure income (think junior c-suite at a mid-sized tech company). As a former public servant, this is both unexpected and unfamiliar. It wasn't until a few years ago that I realized this was even a possibility let alone a likelihood. I feel exceptionally fortunate. But this situation is new enough that I haven't yet built up an equivalent nest egg, so the income/wealth doesn't feel permanent. The "problem" is that I now find myself perpetually concerned about the ethereal nature of the situation. I like my job and am unlikely to lose it, but stranger things have happened - an issue I'm blamed for, an acquisition by a larger company that make my role duplicative, etc. And while I think I could probably land an equivalent role, I find my thoughts frequently drifting toward what-if scenarios regarding a loss of my income. For those who have been in high-paying jobs for a while, does this eventually go away? Is this just the new situation jitters, or will this now preoccupy my spare thought cycles? I don't want to be a person who thinks about money all the time, even if it's from a position of privilege. And just to head off the inevitable... I don't post this with the intention to rub my good fortune in the faces of others. I'm not trolling. I recognize the cry-me-a-river aspect of this, but it's a legitimate situation and, for obvious reasons, I don't really have anybody to talk to in real life about it. So here I am.[/quote] Don't change your lifestyle. Love below your means. I am very high income and my lifestyle has remained the same. I still take [b]free flights[/b] using credit card points. I [b]don't go to 5 star Michelin restaurants. I don't drink alcohol[/b]. I do a lot of free things such as hiking kayaking. I do road trips and [b]stay at cheap hotels.[/b] I never worry about how much things cost or how much I have in savings because I am constantly doing things under budget. Now if you feel as an "executive" you need to live in a mansion and drive an s-600 Benz then yeah you should freak out cause that lifestyle isn't cheap.[/quote] There’s some space in between what you’re describing and living in a mansion. You only live once and can’t take it with you. I throughly enjoy my luxury hotel stays, dining out and not hassling with hotel points and airline miles. [/quote]
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