The 66-year-old has seen his team relegated from the Premier League, with his £3 million yearly wage consequently set to be reduced.
|5/2||QPR are 5/2 with BetVictor to sign Peter Crouch before September 1
"I saw in the paper that I'm taking a big cut in wages but money is not everything to me. I don't have to go to work really. It's because I want to," Redknapp told reporters. "I've got too much money to worry about that!
"It's not going to change my life one way or another now. I do it because I enjoy it. If I didn't have the hunger then I wouldn't come to work; I'd stay at home and play golf every day.
"I've enjoyed it here and I'd like to build a team that can get back up because I like the people here, I like the chairman and the fans.
"I still love the buzz. Trying to win, the ups and downs of it all."
A narrow 1-0 defeat to Arsenal and Reading's victory mean that the Rs are now rock bottom of the Premier League table with two games to play.