Would You Rather Earn $70,000/Year Today or 100 Years Ago?

First things first: Was modern anesthesia invented in 1917? Yes, it’s been around since 1846, actually. Good. Because I’m not sitting through having my wisdom teeth pulled out without narcosis, not even for $1.6 million a year, which is what $70,000 back then would be worth.

That is some serious money we’re talking about here. Enticing…

But what’s more important to me is: $70,000 in 1917, doing what?

Looking at the selection of available jobs for men back then, I’m not too excited:

  • Blacksmith
  • War general
  • Butcher
  • Farrier (someone who “shoes” horses)
  • Factory worker
  • Shoeshine boy
  • Horse urine collector (there were ~3 million cars in the US in 1916, Ford was just picking up steam)
  • Construction worker (with no safety ropes, I assume)
  • Tunnel watchman (walking back and forth through one tunnel all day, making sure tracks are clean when a train comes)
  • Canal digger
  • Lighthouse keeper (yawn)
  • Copper mine trammer (I weigh less than 140 lbs, how am I supposed to push a cart full of rocks?)

Given how few careers back then didn’t depend on manual labor, I’m having second thoughts here.

What if I want to be a writer? I’d have to write with pen and paper, of course. That’s alright. But how am I going to print all the papers and books? That’s going to cost me. Worse, if I write something that pisses off the wrong guy, I might be toast!

We’re in a World War at this time, mind you. Prince Ferdinand was assassinated just 3 years ago. Teddy Roosevelt took a bullet 2 years before that.

Unless I want to buy lots of useless stuff (which I don’t), $70,000 in 2017 gets me right where I need to be. The growth of extra happiness from $75,000 onwards is marginal anyways.

I can make that kind of money doing marketing for a big brand, helping a startup with content or working at a publishing house – and write on the side every day until I pop!

How you make your money is so much more important than how much you make.

The possibilities for the “how” are endless in a 2017 world, which is why I’ll take that over being the richest man in the steel factory any day of the week.

Nik

Niklas Göke writes for dreamers, doers, and unbroken optimists. A self-taught writer with more than a decade of experience, Nik has published over 2,000 articles. His work has attracted tens of millions of readers and been featured in places like Business Insider, CNBC, Lifehacker, and many others. Nik has self-published 2 books thus far, most recently 2-Minute Pep Talks. Outside of his day job and daily blog, Nik loves reading, video games, and pizza, which he eats plenty a slice of in Munich, Germany, where he resides.