Post
Topic
Board Economics
Re: When your passive income equals or slightly above your salary, what would you do
by
Botnake
on 09/02/2023, 03:41:59 UTC

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?


Isn't the answer obvious? I would quit my job and do whatever I like. (of course that's if you don't like your job)

For example:

Let's say you are making $3k from your job and making another $3k from your passive income. If you don't like your job you can quit it and do something you like. Maybe you will make less but you will have more fun.

What is life without fun? Why do we live? To live a fun and happy life. If you are not happy with what you are doing, you should quit that stuff and do what you like.

Heck you can do nothing and spend your passive income too, that's called retirement.
I understand OP’s sentiments as he is obviously hesitant to leave for some quite important reasons, most especially if he is a breadwinner so he should always have the means to provide his family, that’s why his decision should not only matter just for himself but for all the people that are relying to him. However, let’s always remember that working is not just about money making and saving for the future, but let’s also consider the impact of the job to your own life. If the job is making you unhealthy already and you’re no longer enjoying and having fun, I guess it’s best to save yourself first than to save your job. After all, you have another source of income that provides for you, so make use of it while you are looking for a new job that suits your interests and will enhance your skills.