46 ( +1 | -1 ) Is it worth it?Over in Australia, the chess market is not as big as in Europe or USA. There are many full time chess players over there compared to where I come from. Im asking realistically is it worth pursuing for a title like say IM title in Australia where the market is smaller? What do you think? I think full time chess players/coaches dont make much money unless your top 50 or whatever, what do you guys think?
17 ( +1 | -1 ) NoIf you mean as a professional career, I would say no (unless you are GM material). I'd go with the university studies instead. University studies are definitely worth it. Chess is a nice hobby.
25 ( +1 | -1 ) Even if...Giving full time lessons or becoming a professional chess coach it doesnt earn much money.. does it? Even if your GM material its not enough to live a professional career. So what's the point of people pursuing for IM and GM titles?
112 ( +1 | -1 ) The point is--People pursue goals for reasons unrelated to money, and they are wise to do so. Frankly, having money is not all that great.
Obviously being seriously poor has serious practical drawbacks, and I don't advocate poverty. But the fact that life is hard if you are poor does not logically imply that being rich is a ticket to happiness and satisfaction with your life. There is a middle ground.
I am sorry if I sound like a preacher, but I speak from experience. In my profession I have been rich, and I know many rich people. Money gave me little satisfaction, and it gives little satisfaction to the rich people I know. Most of them are focused on getting more money, always thinking that if they become wealthy enough they will be happy. But there is never enough money in the world to make them feel satisfied. Your satisfaction in life needs to come from something besides money. Achieving IM status might give you that satisfaction, even if you are a middle class working person.
33 ( +1 | -1 ) Money and life satisfaction are not correlated. What is true of chess is also true of music, art, poetry, athletics, acting, dance, and many other fields: only a very few are able to make enough money to justify the hours they spend perfecting their craft, so the craft itself has to be its own reward.
58 ( +1 | -1 ) What IS worth it in the end?A question for each to answer themselves. I suspect that the answer here is; "If you have to ask ... no" But perhaps the real question is not even, "Is it worth it to try and suceed?" But rather "Is it worth it to try and fail?" . Many people seem to have a misconception that intellect will attain this goal. Whereas I think that training, and desire are equally important. And memory and character, more important. \ Just my thoughts from someone who lacked the training totally, a bit of the memory (tho remembering games of 20 years ago), struggled with the character ... and mostly, never took the chance ....
15 ( +1 | -1 ) and then I forgot to mention ...dicipline~! Now I recall ... that may be why the chance was not taken! :)) I tend to give up on things after like 8 years ... they get kindof intolerable . haha
63 ( +1 | -1 ) Interesting article on the subject of money...and happiness, entitled: "Study: Money Does Not Buy Much Happiness"
It was expected that those who made less than $20,000 a year would spend 32 percent more of their time in a bad mood than those that had an annual income greater than $100,000.
In reality, the low-income group spent only 12 percent more time in a bad mood than their wealthier counterparts. This suggests that the link between income and mood has been perhaps overstated.
97 ( +1 | -1 ) Scholastic Chess Teachers in USI regularly receive ads from cities in the US with large, school-or-foundation-supported chess in the schools programs (AZ, Seattle, NY, CA) advertising for good scholastic chess teachers. I typically see figures like 25-35k/year. Such jobs wouldn't make you rich, but it means that a player 2100 or so to IM can earn a living if that player likes teaching and works well with kids. I supplemented my own income when I was in college (both UG and grad) by giving lessons and coaching scholastic teams (I made money from playing, too, but much less). I enjoyed it, though I to give it up for many years while establishing my "real" career. Howsever, I got back into it when my own kids were school age and have since coached teams and run camps once more--mostly for fun this time around, though (I could have charged four or more times the fee for the camps and made a nice chunk of change).