Let’s be honest, ANY paycheck is a good paycheck…
But sometimes, an extra special payday rolls around and the money makes you feel absolutely on top of the world! It’s not about the size of the check but rather *how and when* the money is received that makes it stand out.
Here’s a countdown of the best 9 paychecks in the world, ranked by how awesome they make you feel…
9. Payday when you are on vacation
You’re sitting there, poolside, sipping on a pina colada… as you reach down to grab your cell phone, a message pops up on your banking app: “Cha-ching! You just got PAID!” You’d forgotten all about what day it was because you were too busy relaxing on vacation.
The feeling of getting paid while doing nothing on vacation is awesome (even though you know in the back of your head that you busted your ass to earn time off and that paycheck) because it’s a glimpse into what future financial independence feels like!
8. Payday falling on your birthday
It’s always fun when it’s Friday, your birthday, AND payday all at the same time. Three separate celebrations, all coming together on one glorious day!
(What are the chances of having a payday on your actual birthday? 🤔 I thought the answer would be about 1 in every 14 years… But after researching a bit more, this is actually a really complex problem to solve given the weirdness of a perpetual calendar and the doomsday rule. Any math nerds out there care to figure this problem out?)
7. A random cash bonus (or tip!)
One of my old bosses stopped by my cubicle on a random Friday afternoon. He pulled out a crisp $100 bill from his pocket, placed it on my desk and said, “Thanks for all your hard work this week, Joel. Why don’t you knock off early and take your girlfriend out for a nice dinner.” I’ll never forget how appreciated I felt that day.
Teacher appreciation cash, thank you gift cards, large tips in the service industry… Random acts of kindness combined with cash = A GREAT DAY!
(Not to mention when you get a CASH gift – usually you don’t pay any taxes. Double bonus!)
6. The paycheck you forget about 🤦♂️
You know when you do contract work for someone, or maybe you lend money to a friend that’s hard to collect on… After chasing payment for a few months, you kind of write off the money and put the whole experience out of your mind…
Then out of nowhere one day, a check shows up! You think to yourself, “Dang! I’d forgotten all about that!” What a great feeling that all is right in the world again.
5. First paycheck from a new side hustle
Whether it’s making your first $1 online or picking up a new side gig to increase savings, getting that first initial paycheck is such an empowering feeling.
No matter the size, first paychecks are proof that your ideas and efforts are paying off. Hustling can be hard (which is why most people don’t do it!), so the rewards are truly well earned and they taste sweeter because you’re earning money on your own terms.
4. The biggest, baddest paycheck you’ve ever received
I know I said size didn’t matter, but in this case it does. Massive paychecks are memorable moments!
I remember the first massive commission check I ever made. It was like $30k, paid in a lump sum after finally bringing in a huge new client for my company. The sale took ~18 months, countless client meetings and problems to solve, but all my effort was worth it in the end.
Selling a house, your business, or another big investment has the same big paycheck feeling. When the money hits your account, you have to do a double-take because the balance is so unusually high… What a great feeling! (Until you “spend” the money a few days later by moving it into your brokerage account. 😉)
3. First rent check from a rental property
Buying a rental property takes a TON of time and effort. Not to mention a pretty hefty down payment saved up from years of hard work.
There’s a lot to be excited about when real estate investing, but there’s no better feeling than the day your first incoming rent check hits your bank account. Ideally, tenants are paying down your mortgage, as well as giving you some excess cash flow for the month. It’s time to celebrate!
2. Your final debt payment!
Being in debt means a portion of everything you earn is going to someone else. Credit cards, auto loans, student loans, etc. all have interest payments that can hold you back and make you feel trapped.
Well, when that last paycheck rolls in and it’s applied to your final debt payment, the freedom feeling is euphoric. It makes you want to SCREAM with joy. In fact, Dave Ramsey built an entire show about having people share their feelings and give a debt free scream!
Congrats to all of you who have achieved and felt this. Truly, you are amazing.
1. Any PASSIVE paychecks after achieving FIRE 🔥
And the No. 1 best paycheck you can receive is ANY and ALL paychecks that come to you passively, fully covering your cost of living.
The road to financial independence is loooooong. It requires hard work, sacrifice, and consistency. But all that hard work pays off when you’ve built enough investments to provide a passive income stream for the rest of your life. At that point, you never have to work for money again — if you don’t want to.
What did I miss? Any of you guys celebrating any of these right now!!?!?!
Have a great weekend, y’all!