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"Is $250,000 a life-changing sum of money?"

I saw this question word for word on Twitter and I thought it was a trolling shitpost when I originally stumbled upon it.


The comments, however, were full of valid takes and spirited debate for both why it's life-changing and why it's not.


So here I pose the question to y'all in a more focused demographic.


All takes welcome.

Is $250,000 a life-changing sum of money?
Attached poll
*Voting in this poll no longer yields commission.
🐱 Off-Topic
🤷‍♂ Poll
🏄 Personal Life
29
CuriousFox
WR Officer
+11
Senior Account Executive
Do you realize how much Taco Bell I could get with that? Bitch please. 
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
In that case you might need to set aside some of that cash for some adult diapers
CuriousFox
WR Officer
+11
Senior Account Executive
It's on the roadmap
Show 1 more replies
funcoupons
WR Officer
+11
up in Fiji, under paddy
If it won't change your life, feel free to donate it to me. coupons needs a vacation 
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Another one?? Didn’t you just get back from one like a week and a half ago ¿
funcoupons
WR Officer
+11
up in Fiji, under paddy
I need to visit all of my WR homies, yo. And I assure you, the extra can just go toward paying for my wedding to @paddy 

Show 11 more replies
slaydie
Politicker
+5
Account Executive
Sounds like a pretty good down deposit for a house - so I would call that life changing
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Yeah I’m with you - get some student loans out the way and get me a nice lil starter home. Currently in a 1 bed apt. 
slaydie
Politicker
+5
Account Executive
ahhhh the one bedroom apartment - I feel you there! It was perfect pre pandemic but now that an office needs to be incorporated into our homes, I could definitely use an extra bedroom or larger living space
Businesscasual
Opinionated
+1
Account Executive
I’ve made 250k with commission here in Seattle and unfortunately it doesn’t feel life changing. Maybe if it were a lump sum…
SaaSguy
Politicker
+5
Account Executive
I live in NYC- which is probably comparable COL wise. I don't know anyone who would say 250k isn't life changing. You could take a year off work lol.
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Yeah, I mean I think it obviously depends on how much you already make/have, and if it's a lump sum or not. Also, the tax would play a factor too if that was applicable.
FarmingU
Politicker
+8
Account Manager
I´ve once read in a book that when you reach the 6K net worth monthly you were able to be happy and each % of increase on your net worth is not proportional to the % of happiness you will increase... If you write down things that are really crucial for your happiness... all of them can be reached with 6K net income per month, or that´s what they said and I truly believe can be true. 
So maybe with just 72K net worth per year could be enough... everything depend where you live, if you have student loans and all that stuff but I think it´s a pretty good number for a living
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Interesting take - what's the book?
FarmingU
Politicker
+8
Account Manager
Now can’t remember but must be or Black Swan from Nassim Taleb or The power of Habits of Charles Duhigg
privateryan
Politicker
+5
Director of Sales
I guess it depends how much you have banked, but I don’t see how it couldn’t be unless you’re already liquid 1M+

you could literally throw it in a vanguard fund and have an exceptional jolt to retirement, buy a house, or start a business. thats just 3 basic scenarios and all 3 are life changing 
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Yeah, I'm with you too. It would definitely change my life lol.
TheRealVladimirPutin
Opinionated
+5
AE
Depends on what you do with it. Invested into income-producing assets, yes. Blown on some cars and holidays, no.
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
True. Definitely not jackpot lottery money, feel like a lot of people could kind of get lost in that
SlinginSoftware
Politicker
+6
Account Executive
I look at this as a huge shot in the arm for your retirement plan. With interest/growth, every extra 50k or so I save is 2 years I may be able to retire early...
NorthernSalesGuru
Politicker
+5
Account Executive
Honestly it’s all about how you can manage and spend/invest it…. $250k won’t seem like a lot if you’re living day to day and blindly spending
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
I'd probably take a couple racks and hit Vegas real quick and then start being responsible after that lol
aiko
Politicker
+7
Sr. Account Executive
Maybe for us, it won’t be. But you can donate it to a family in need to change their lives.
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Very true, I appreciate your view there
aiko
Politicker
+7
Sr. Account Executive
Sometimes its hard to find those families if we live in a better off community 😕
Show 1 more replies
aiko
Politicker
+7
Sr. Account Executive
You can also invest that amount in to a startup. DoorDash started with $200k funding to kick them off. 
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
I would love to invest 200k to start something that ends up as big as DoorDash
aiko
Politicker
+7
Sr. Account Executive
It was Pear VC. And now they have never ending royalties. 
Show 1 more replies
Lambda
Politicker
+6
Sales Consultant
depends on what and where you spend it on, you could theroetically by a house for that amount of money and eliminate the single largest expense the majority of americans have, thereby making your requirements for income much less and having more abilities to do what you "want"
GDO
Politicker
+7
BDM
For me it would be life changing. Would be a big part of my mortgage. 
Trinity
WR Officer
+7
BusDev
Are you talking net? For me, it is.
deviantzen
WR Lieutenant
+9
Consultant
Would take me from not able to realistically think about buying a house to potentially buying a house. I’d probably live in Montana or somewhere bleh to make that happen but whatever
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Are you an outdoorsy person?
bareknuckles
Valued Contributor
+4
CEO of my kitchen table
IMO I see it as life-changing since it would increase the lifestyle of my family and bring forward many plans we have like renovating our hours. What remains can be used for an investment property for the kids or emergency fund. 
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Smart, responsible, beneficial
StringerBell
Politicker
+7
Account Executive
It’s an amount thst could change your life depending on your situation. It could be the difference on a down payment or a big chunk out of mortgage which in turn would reduce one of your main expenses. It could also be the beginning of a nice retirement savings portfolio if someone had nothing. It’s not lottery money but I can buy that it would change your life for the better.
Grant_Horun
Politicker
+5
Account Executive
If this is 250k tax free then yes. Take that and invest it all in the market, thats an extra 20k a year and then growing / making you more.  

Further paying down student debt or any major loans someone has taken out. 

I'm not saying it changes your overall lifestyle or allows you to life outside your means, but certainly can give you some short term financial stability. 
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Definitely a huge booster in your life at the least, yeah
RealEstateVeep
Politicker
+6
VP of Real Estate
Obviously not fuck you money or ride off into the sunset - but that is almost 9 years worth of rent alone.
Chep
WR Officer
+10
Business Development Team Lead
If it's not life-changing money to you than you are probably part of the 1%
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
Got a lot of 1%ers in the WR then lol
BigCheese
Notorious Answer
+14
Agency Recruiter | Coors Knight
If anyone revisits this, my coworker and I just did the math and with $250k, you could fill a 20x40 ft. inground swimming pool with Coors Light and have 1000 gallons left over.
No_ty
Catalyst
+6
Sales Dir.
imagine how many cookies you can get
salesandstrategy
Opinionated
+1
Senior Account Executive
The optionality all would get from $250,000, who have never had $250,000 is exceptionally bountiful.

- Down Payment
- Living expenses
- Education/Apprenticeship
- Start a business
- Nest Egg
- Travel
- Etc...

All of that and much more (even all the above listed) possible with that. It's relative, yes, at $100,000 total comp, 2.5 years in an instant is tremendous.  Even at $250,000 total comp, that's a year...
looper1010
Celebrated Contributor
+13
Account Executive
I'd split it half for the house and half for investing into retirement.  I'd still need to work >_>
girheakinna
Opinionated
+3
da best SDR
Depends on ur lifestyle there buddy
Sniper
Opinionated
+3
Enterprise Account Executive
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