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Plus people do not work longer hours to try to make more money without a purpose, not if they're already overworking at more than 40+ hours a week. It's not like poker players are saving their winning to invest in a business to get out of poker...
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Originally Posted by browni3141
I know tons of poker players try to start up businesses or have investments in real estate. They aren't necessarily trying to get out of poker. It's just smart to seek additional sources of income. My personal goal which I wish to achieve through poker is to make enough money to eventually shift my income away from poker and free up my time so I can spend it on the things I really enjoy, like mathematics.
We do agree. People don't play more poker unless they have to, because they rather free up their time to do things they really enjoy.
So you see, people don't grind more unless they have to, and it's easy to guess why they have to, especially if you are a grinder of 10+ years.
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Originally Posted by browni3141
Yes, I might be misinformed. I have never had a job with benefits. My wife has a job with ****ty benefits (employer pays half of her health insurance or something). However, I don't think you understood the point I meant to make.
I am 25 and I do not have any retirement savings, nor do I plan on starting. I don't think this is sad; it's just a conscious financial decision which I believe to be best for me.
Saying employer benefits are worth $19k is an overestimate because I do not voluntarily pay $19k for the same services. It's like saying a $100 gift card for Cracker Barrel is the same as $100 cash to someone who never spends money there.
Thing about benefit package is that they are almost entirely math-based. 401k matching, health benefits, PTO, gym membership, free food, etc...
You can argue that you can get cheaper membership or free food in casino =).
But you can't get cheaper health insurance and you don't get free money via PTO and 401k.
It's silly to argue that you are better off without employment benefits, almost like you're arguing for higher rake.