Teacher who resigned after her OnlyFans page was discovered says new employer fired her for violating social media policy

https://lemmy.world/post/13314695

Teacher who resigned after her OnlyFans page was discovered says new employer fired her for violating social media policy - Lemmy.World

The important piece of this to me is this: She made $1 mil on OnlyFans and $42k/year as a teacher. She wants to be a teacher despite making plenty of money from other sources. This tells me that unless you have other evidence of impropriety she’s someone we want in the classroom. It also reinforces my stance, along with plenty of other studies that have been performed, that a universal basic income won’t stop people from working.

Pay people better and we’ll just keep working because we like it. It’s part of being human, but we shouldn’t be suffering to survive at the same time.

You can’t retire on $1m net worth. That’s not even a house in lots of areas.

It definitely helps. But giving up my career for $1m would be a very bad investment.

I have no idea why you’re being down voted. You’re absolutely right. You can’t live on back interest from $1M, so you have to invest it, and while some years you’ll make more than 10% average invested in the stock market, over 10 years you’ll average 8% because some years you’ll not only make no returns but you’ll lose some of your investment. Which means if you’re living off those returns, some years you’ll have to eat into those investments, slowly eating down the money you have making money for you. You’re paying taxes on those returns, and if you’re living off them, they’re considered short term investments and you pay a higher tax rate - because you pay taxes on returns on your investments.

Rich people get richer because they have other income and can leave the money and the returns untouched; they aren’t living on the returns until they have far more money invested than $1M.

People down-voting you are morons.

the downvoters are short-minded individuals who wont clear $1 million in 20 years.
I think they just mostly don’t understand economics, taxes, or have spent any time thinking about these things. Which isn’t surprising, because why waste time thinking about it when it’s increasingly unlikely to happen to you? Not understanding it is one thing, but thinking and then voting with your hormones is another.