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Very true, specifically if you're living in major cities with higher COL.
40k salary for a job you like or 100k for a job you don't like?
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Knowing people who make less that do, you're not as smart as you think you are if you can't.
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This. The value of a dollar varies across the country.
100K in NYC aint gon' give you early retirement. It's possible, I suppose, but you'd have to live well below your means.
100K in Mississippi, on the contrary, can put you on a path to early retirement even if you "enjoy" life a bit.
Both cases assume you have decent money-management skills.
...
antidope
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Wait is this to me? Not bring combative or anything.
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True that
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Yeah not in The Bay Area.
antidope
Supporter
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You won't live paycheck to paycheck but you probably won't live well either. And that's probably everywhere idc if you're pulling that in Arkansas or some other non popular state.
Shrugs.
Shrugs.
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$3846 per check (bi weekly) before taxes isn't enough? Personally I do what I have to do to make my money stretch whether that means roommates, buying a car much under my budget, eating out less, cooking more, etc. A lot of people aren't willing to do anything to trim their wasteful spending.
can't live well with that? Well I live within my means, so its enough for me...keywords being "for me".
Yal acting like you have to make 250K a year to live an average life...different strokes for different folks.
Really shows spending habits lol, I live in the DMV btw.
Yal acting like you have to make 250K a year to live an average life...different strokes for different folks.
Really shows spending habits lol, I live in the DMV btw.
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^smh... This guy Anti doesn't even know when he's so far gone.
No one is acting like $100k is caking but you can easily retire by 55 after a career making six figures work for you. That's just a fact.
No one is acting like $100k is caking but you can easily retire by 55 after a career making six figures work for you. That's just a fact.
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antidope
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No it isn't. Idk what else to say. No one's going spend crazy either,I am very on top of my finances it's just not enough money.
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The key is living within your means, spending thousands a month on designer clothes/shoes , luxury cars, and going out. Of course 100K wouldn't be enough. This is what most 6 figure earners usually end up doing.
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@Antidope just curious what is enough? 200K-250K?
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$250-300k annual combo of main job salary + investments =
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antidope
Supporter
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160 and we've begun to talk about something.
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This straight out of school or senior level type of experience? Just trying to see where you all are coming from.
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Investment banking (straight out of school) at top bank: $85k + bonus = $110-130k
Private equity at top fund (after banking): $150k+
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antidope
Supporter
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You're thinking about it too hard. There are no qualifiers, anything below that floor isnt enough. Thats it.
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Not thinking too hard about it, just thinking about it realistically. It's all good, carry on.
$tacy
formerly willchamberlain
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U can live like a king in Michigan with 100k a year. Give me 100k and watch.
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....
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CrownRoyalDaddy
formerly tdoggy57
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Wow dudes talking about 100k like its nothing? Maybe not much in NYC or the Bay area but cmon man in general thats a nice salary and youre doing better than the vast majority of people.
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People living off of 60k want 100k.
People who got 100k need that 160k.
People who got 100k need that 160k.
