>I'm gonna be rich one day bros
yeah, when you're 70 and can't even enjoy the corvette you're surely gonna lease.
retirement accounts are bullshit. sure I have a 401(k) and an IRA but I don't want to be rich in my 60s, I want to be rich NOW while I'm still young and can enjoy the lifestyle of a millionaire
Blame your parents then. Aside from getting extremely lucky, the best you can do is collect a bunch of money over your lifetime and pass it on to your child so they can live the life you wish your parents had provided for you.
Within a couple of years I'll have $200k saved up. If I never put another dime into it and let it grow at an 8% rate it'll be worth about a million dollars in twenty years and I can clock out of wagism in my forties. Maybe by that point I'll be running a consulting firm and get paid huge bucks to jerk off. I don't care what horrible fate you doom about because I'm going to make it.
If your money is depreciating at 8%, my principal is growing at 14%. I told you already that I don't care what you're dooming about. You can die sad and poor in the miserable little hole you fantasize about, but I won't.
I only managed ~30% savings last year. I'm gonna do better this year, I blow so much money on home renovations tho. Need to be saving 50% for like 10 more years to hit retirement numbers.
honestly you deserve to get btfo for being an uppity homosexual. and you will.
Standard return rates for index fund retirement portfolios are around 7%. This already takes into account the average inflation rate of 3%. Did you really think you had a 'gotcha' with inflation? >inb4 hurrdurr inflations 11% now youre fricked
It's been higher before in the 70's and everyone survived, savings intact. It's a long term game and if the board truly does get flipped over, you're worrying about starving, not money.
Are you saying that's the amount you personally invest per month? You brought it up randomly as if it were an example.
1 year ago
Anonymous
Right now my household is closer to 4-5k extra at the end month. But that's not including what's going right into an IRA and 401k. I'd like to push the savings more but it means I'd have to find a job to add to my wife's income. But even at 4k savings, you're at a million in 12 years at average interest.
>20% rent >though I split the rent with my gf, it would 40% of my income otherwise
this is what all of the Zoomers complaining about housing costs don't understand. Young women are refusing to get married and it's costing us. Feminism fricked over our economy and destroyed the quality of living for Zoomers yet they keep shilling for it.
Fricking and? Again with this nonsense. >durr stupid people do stupid shit
WE KNOW
IT HAS NOTHING TO DO WITH ANYTHING
1 year ago
Anonymous
It means you're likely stupid and you're poor because you're stupid. Stop leasing that avocado toast, you're just throwing money into the void.
1 year ago
Anonymous
This is what happens when you dont read the thread before posting.
1 year ago
Anonymous
Take your own advice. This is about budgeting, not spreading your cheeks for the credit-jew.
1 year ago
Anonymous
Beyond embarassing for you
The conversation itt had shifted to include a discussion about debt vs nodebt
EVERYTHING you are saying has already been said, and has SPECIFCIALLY been addressed by me.
The post you replied to was CONTEXTUAL. You replied, unaware of the context, with an absolutely moronic take given the context you wilfully fricking ignored.
Lurk more homosexual
1 year ago
Anonymous
>The conversation itt had shifted to include a discussion about debt vs nodebt
No if you pay attention it was anons praising their israeli masters and me dunking on them. Now stop posting because you gotta get up and work for Mr Shekelberg. >EVERYTHING you are saying has already been said, and has SPECIFCIALLY been addressed by me.
If you're such a woman you need anons to know which posts are your's then use a trip or better yet go back to redd!t. >The post you replied to was CONTEXTUAL. You replied, unaware of the context, with an absolutely moronic take given the context you wilfully fricking ignored.
I nutted in your mom CONTEXTUALLY
1 year ago
Anonymous
>No if you pay attention it was anons praising their israeli masters and me dunking on them.
Either direct quote or frick off. But also frick off because nothing you can quote is part of the reply chain YOU REPLIED TO.
1 year ago
Anonymous
You first. Lmao check and mate.
Why not? It allows me to defer payment and keep more money in the bank.
Unless it's at 0% interest and you know what you're doing. Hint: 77% of Americans don't know what they're doing. (And thats counting kids to lower the percentages).
1 year ago
Anonymous
>Unless it's at 0% interest
That's what I'm doing, haven't made a single interest payment so far
1 year ago
Anonymous
Watch that. They do israelitemagic to end the 0% before what is advertised and then jack up the rate. But either way, why can't you just save. That's what was done before boomers came along.
1 year ago
Anonymous
I save as well, I don't make a big purchase unless I have the balance to pay it off
1 year ago
Anonymous
>I keep the balance to pay it off >I still take on the risk of debt
Why? Even if you did a short term investment with that money, you're not netting much and you're just taking on more risk than you really need to.
1 year ago
Anonymous
Youre both morons. If he keeps the balance to pay off whatever debt he incurs, its not a risk.
1 year ago
Anonymous
What makes me moronic and how do I fix it? Pay the card off and throw it away?
1 year ago
Anonymous
Or just keep using it while maintaining the cash to imediately pay off whatever debt you take on. Either one works.
A car payment is one of the easiest ways to build your credit anon.
If you plan on owning a house and are not independently wealthy, a 5 year car loan and some credit cards can be greatly beneficial to you.
>get a 0% APR for 12 month card >start using it for daily expenses >reach limit >goy score drops 50 points because "balances too high" >pay off right before interest kicks in >credit score increases by just points
The credit system is all fake and gay and only measures how much of an interest paying dumb consumer you are.
nta but I only ever used my credit cards to buy shit online because it was the most convenient way and even during my poorgay years I ended up with a pretty damn good score
Its not hard if you're even just a little prudent with your spending, pay off the balance every month and keep your revolving debt low. The most annoying thing is getting all the fricking CC offers in the mail.
Stop looking at your credit score, they dont even matter and they flucuate from day to day. Not to mention there are like 7 different ones which are all different.
You know how you can download the experian app and itll "boost" your score?
Do you think a bank gives a frick that you downloaded an app?
The people who give out loans dont look at your score, they have computer algorithms that look at your actual credit lines and history of said lines.
The single most important thing to your credit score is TIME.
They want OLD accounts which were paid for on time.
Thats it, they arent looking at some arbitrary number a 3rd party is assigning to your credit line.
>The credit system is all fake and gay
Yes it is, but unless you are independently wealthy you arent gonna get a large lump of cash any other way.
Why not? It allows me to defer payment and keep more money in the bank.
1 year ago
Anonymous
boomer lore that is no longer relevant
banks no longer care if you pay debt back fast and the whole "building credit" thing doesn't happen any more. they look at your income and standing debts primarily now, not how much debt you pay off at a time
it's why people who finally pay off their student loan or dumbass consoomer era credit cards suddenly find themselves innundated with offers for black cards, but people who use credit regularly don't have particularly impressive credit or other borrowing ability
the whole TAKE OUT A LINE OF CREDIT AND USE THAT THEN PAY IT OFF INSTANTLY thing did work once upon a time but the algos and banking doctrines have changed
1 year ago
Anonymous
This. If you're going try to build credit, and the only somewhat legitimate reason is to buy a house (which you don't even need a credit rating for), then get a secured credit card and then your risk is 0.
Okay morons, lets do the math.
Somehow i manifest 2k out of my butthole, despite not being able to commute to work.
The goal is to buy a car that will last, i find a car that fits my criteria, but it costs 5k.
So i buy a car for 2k, its a beater, got problems, but it gets the job done for now.
So now i can actually save up money, but in the time it would take me to save up 5k, this 2k car will have cost me at least a 1k in repairs and maintenance.
...OR i could get an auto loan at 6% and put 2k down.
In that case i would end up spending less money by the time the loan is paid off than i would have by buying a cheaper car to start with and saving up to buy a better car.
morons like you who think auto loan = recent shiny car need to shut the frick up.
I dont CARE that morons borrow more than they should. That doesnt mean loans are bad.
1 year ago
Anonymous
Assuming you buy a car for 40k >2400 just interest in the first year
Yeah that will save you a lot of money compared to 1k in repair bills for some shitbox.
Car payments are the dumbest shit ever.
You pay a ton of money for a thing that looses half its value when you pick it up from the car dealer.
1 year ago
Anonymous
I literally just detailed a scenario in which you would not be paying a ton of money, but would rather actually be spending less by getting an auto loan than by saving up and buying cash. This illustrates that at the very least you cannot write off the concept of car payments, because they can be a smart choice.
But you just ignore that and say >well, lets assume a scenario in which its not a good idea to get an auto loan >see? Car payment dumb!
What the frick.
Why are you doing this.
1 year ago
Anonymous
You know you can get a loan on a used car right? You're not so dumb to think he meant it would better to.buy a new car than a used?
1 year ago
Anonymous
You can but if the car is over 5 years old I'd say it's generally not a good idea.
1 year ago
Anonymous
Depends entirely on how much the car costs. Anywhere betweek 4k and 10k, an auto loan isnt a bad idea AS LONG AS you get a low interest rate.
1 year ago
Anonymous
>car more thn 5 years old BAD!
what? this is the dumbest thing ive ever sene on this board. cars less than 5 years old are bad and wont last. if you were poor and looking to finance a car you should be buying a 90/2000s toyota etc
new cars are for morons
1 year ago
Anonymous
My guy I've only owned 20+ year old cars, I said FINANCING an old car
1 year ago
Anonymous
Financing a car that costs 5k is a bad idea. >no warranty >still an old shitbox that will probably break >cars at that budget can be a time bomb >only because they still look nice it does not mean that the car will last a while.
>low mileage is worth nothing because it can be altered very easily. When done right there is no way to trace it.
1 year ago
Anonymous
So what do you recommend instead?
1 year ago
Anonymous
Save 10k and then buy the 5k car outright...
1 year ago
Anonymous
>don't have enough money to buy a 5k car so you can continue getting to work where you make money? >simply save 10k first!
You people are unironically moronic
1 year ago
Anonymous
Try harder at life. 10k isn't even much money to save up.
1 year ago
Anonymous
>Everyone in life started from the exact same conditions and has experienced the same obstacles since
Autism
1 year ago
Anonymous
Let me guess it's systemic racism or some other liberal buzz-word bullshit keeping you back right?
1 year ago
Anonymous
I'm not even that anon, I'm just not stupid enough to think some kid raised in bumfrick Alabama has the same opportunities and protection as the Yale dean's son
1 year ago
Anonymous
>Try harder at life
I'm very wealthy and I'm not talking about me. I'm calling you a moron for thinking that the solution to some people not being able to afford a cheap car without financing is for them to simple have more money. You're like one of those stuck-up Beverley Hills girl stereotypes.
1 year ago
Anonymous
>can't make money without car >"just save up money for a car"
you're legitimately moronic
1 year ago
Anonymous
buy what you can actually afford out of your pocket. >Oh you did not save any money?
1 year ago
Anonymous
>cant save money without a job >cant get a job without spending money
How many times do we have to go over this with you, old man
1 year ago
Anonymous
>cant save money without a job >cant get a job without spending money
I guess you're just fricked, since you seem to be helpless. I suppose you need to live with mom as long as she lets you.
1 year ago
Anonymous
>looses
moron confirmed
1 year ago
Anonymous
Imagine not being able to save up 5k.
Whew lads!
1 year ago
Anonymous
Constructive arguments only please, thank you.
>not being able to commute to work
Take the bus with the other worthless peasants
I work two towns away, at odd hours. Not even the most european busing system would be able to accomidate me.
1 year ago
Anonymous
Then don't, I don't know what else to tell you. I figured out my own shit in my life and it wasn't perfect but I still did without expecting everyone else to spoonfeed me.
1 year ago
Anonymous
A loan is not being spoonfed...
1 year ago
Anonymous
That's not what I meant.
Personally I'm not even against car loans in general, I got one once but that was after years of enduring public transport and old leaky beaters and I had enough money for debt to not be an issue. There's an entire subset of poorgays out there who'd rather put themselves in debt they can't stomach just because they think they're above driving shitty old cars and you know it.
1 year ago
Anonymous
Not only did i already fricking say i know it, ive said it MULTIPLE TIMES. Fricking read.
1 year ago
Anonymous
I'm not gonna read your 30 posts of deflecting and excuses, sorry
1 year ago
Anonymous
>im not gonna read the discussion before adding my 2 cents
have a nice day
1 year ago
Anonymous
Making excuses for everything and playing victim isn't a discussion.
Get some fricking agency
1 year ago
Anonymous
Quote the excuse i made. Go ahead, try.
1 year ago
Anonymous
>I work two towns away, at odd hours. Not even the most european busing system would be able to accomidate me >Somehow i manifest 2k out of my butthole, despite not being able to commute to work.
1 year ago
Anonymous
>i cant take a bus to work >i do not have 2k
These are excuses how...
1 year ago
Anonymous
>not being able to commute to work
Take the bus with the other worthless peasants
[...]
Okay morons, lets do the math.
Somehow i manifest 2k out of my butthole, despite not being able to commute to work.
The goal is to buy a car that will last, i find a car that fits my criteria, but it costs 5k.
So i buy a car for 2k, its a beater, got problems, but it gets the job done for now.
So now i can actually save up money, but in the time it would take me to save up 5k, this 2k car will have cost me at least a 1k in repairs and maintenance.
...OR i could get an auto loan at 6% and put 2k down.
In that case i would end up spending less money by the time the loan is paid off than i would have by buying a cheaper car to start with and saving up to buy a better car.
morons like you who think auto loan = recent shiny car need to shut the frick up.
I dont CARE that morons borrow more than they should. That doesnt mean loans are bad.
I outright bought an '05 piece of shit for $2k in 2012 that had been totaled and gotten back into working condition, and it's still my daily driver with maybe $500 put into it for repairs since I got it. $300 of that $500 was because I let a shop do a repair that I could have done myself for ~$60, but didn't have the time for.
You're just making excuses
Assuming thats true, you got so incredibly lucky its dman near a miracle. Do not expect reality to commonly repeat what happened to you. It is not statistically pheasable for an individual to expect it. Ironically, it would be gambling.
1 year ago
Anonymous
>you got so incredibly lucky
No I didn't. I just took care of my car and did my own repairs.
1 year ago
Anonymous
Denying reality isnt smart. It doesnt matter how well YOU take care of your car. Buying a car that has had previous owners does not end up like your situation often.
1 year ago
Anonymous
You're just a fricking moron. Buying a used car from a dealership does not get you a better car than buying from a private seller.
You will wind up paying more money in the end compared to just buying outright unless something unusual happens like a wreck or a blown engine.
It's fine though; the tradeoff isn't usually about what is ultimately the most thrifty; it's about poorgays not having enough money to buy a decent car outright.
Another situation where financing makes sense is when interest rates are low and there are other more valuable things that you can do with the cash in the meanwhile.
1 year ago
Anonymous
You replied to the wrong person and or youre moronic
1 year ago
Anonymous
>you got so incredibly lucky its dman near a miracle
I paid 3K for my 2001 car 6 years ago. I replaced the clutch for $300, would have been $800 by a shop, and replaced the valve cover gasket, maybe $100 in a shop. Then just oil, filters, bulbs, tyres.
You debt homosexuals always catastrophize old cars but they are never that bad. In 15 years of driving old cars the only breakdown was a head gasket, I fixed it by buying another 3k car, and the clutch. Thats 4k total on car repairs. Nothing compared to repaying debt. And then theres the massive insurance savings.
1 year ago
Anonymous
>nothing comlared to repaying debt
My interest will end up being about 700 by my last payment.
On a 5k loan.
What you need to do now, is explain how buying an interim car for a few k thousand so i could save up 5k would have been cheaper than the loan.
Because i cannot make it cheaper no matter how i arrange the numbers.
You no debt homosexuals are incapable of understanding nuance. All yoy can fricking do is scream THING BAD! THING BAD! STUPID PEOPLE DUG THEMSELVES INTO A HOLE CANT YOU SEE YOULL DO THE SAME????
And then when asked how the actual frick im digging myself into a hole, you cant explain how 2000 is less expensive than 700.
1 year ago
Anonymous
>You no debt homosexuals are incapable of understanding nuance. All yoy can fricking do is scream THING BAD! THING BAD! STUPID PEOPLE DUG THEMSELVES INTO A HOLE CANT YOU SEE YOULL DO THE SAME????
I have 100s thousands in debt. I'm regularly rebasing to take on more.
What I don't do is tell myself the lie that a cheap car costs more than an expensive car. Only women and Black folk and you use the excuse that they must buy an expensive car because otherwise it will break down.
1 year ago
Anonymous
YOU HAVE NOT EXPLAINED HOW 3K+5K IS MORE EXPENSIBE THAN 700+5K
1 year ago
Anonymous
Why are you suddenly wanting to buy two cars. Aren't you claiming to be poor?
1 year ago
Anonymous
Oh my god you dont even remember what we're talking about...
1 year ago
Anonymous
I'm about to move back to the US after being stationed overseas, and holy frick, WHAT has happened to the used car market in the past 4 years?
10 year old cars with 100k miles on them going for $18k+. I'm guess I'll just buy some clapped out shitter for $2k, and then spend $3k fixing it up, since $5k just gets you a shitmobile now.
This is always dumb unless it's a clapped out hoopty I wouldn't drive anyways.
If I bought my car outright, how could Zi have put in $2k a month in crypto in 2020?
this is midwit poorhomosexual advice. same as paying cash for a house. poor people are afraid of debt instead of realizing they can put those tens of thousands they were going to spend on a car to work for them.
lol at the amount of people responding to this thinking op is saying dont own a car, on this board of all boards lmao
exactly, never did it myself but one of my friends would buy $500 old as dirt used cars and get them to last a year or two at least, I'm sure it would cost more now than in the early 00s but there still have to be cheap super old cars out there for sale
I don't budget, you don't need to budget if you hate giving other people your money because it in turn was given to you begrudgingly by your shithead employer
"needs" is a great way to say you're budgeting without actually budgeting
a 20% savings rate is a great way to be beholden to said shithead employer until you can no longer move
the problem here is that for most people, that 50% is literally all going to be rent UNLESS you live with your parents at 22 (me) or you go in with 3 other people. i am working a skilled labor job, i am a manual and CNC machinist, and i still can't live on my own because rent is 1k/m even in rural bumfrick nowhere
>50% to rent
literally this
I'm 24 and I have an helpdesk job in the Midwest making about $46k and all the apartments in my area are $1100+ a month and you'll still end up with roaches and crackhead welfare monkey neighbors.
After taxes and the 6% going to my Roth IRA I have like $2100 a month. Somehow I'm supposed to only spend 50% of that on "needs"
>all the apartments in my area are $1100+ a month
Look harder. I guarentee youre missing really obvious finds like duplexes or something farther from where you work. Do you already commute? You should be looking for a place within an hour drive of work. You might say thats too long to commute, but with an economical car and the lower cost of living (because obvioisly you would find somewhere eith a lower cost if living if your range is that large) it ends out being cheaper.
I love these stupid narrow-minded buttholeswho think they know better than everyone. I'm pretty sure he's more familiar with his local housing market than your dumb ass is, if something that was both cheaper and acceptable existed he'd be living there. You're not smarter than anyone else, you're just an obnoxious homosexual.
>if something that was both cheaper and acceptable existed he'd be living there
Wrong. You homosexuals love to make excuses in order to be able to continue playing the victim in your own lives.
Go ahead and keep being miserable instead of trying to do better.
i got lucky enough to rent in the Detroit portion of my city so rent was never +$600. when i did try to move away from the poverty line everything in a civilized area is $1k plus, so I just saved up until i could afford a mortgage and property taxes
>2100$ a month
kek, NA wages are something else
I don't even make that much per month yet I can save over half of my income and still live in a quality appartment
In Europe you can be a licensed tradesman and only take home around $800-$1000 a month.
said
eastern europe is kek mode, basically everything imported is expensive - e.g. electronics, thats why people are salty when it breaks down after 2 years because a dish washer is 2 months worth of savings for the average household
a 70m^2 apartment costs from 100k in the most hidden shithole upwards to 300k in the capital city
so you can imagine people being able to buy only 1-2 of those during their life time but they mostly decide to have a house which adds up in costs way faster
>with 3 other people
This is stupid. 2 is more than enough. 1200 for a 2 bedroom aparpment, making each persons rent somewhere in the 6-700 dollar range depending on utilities.
Youre not gonna gonna find a 3 bedroom aparpment where rent÷3 is less than 700
Honestly the best option is to live at home until you buy property and preferably buy a rundown property, ppl don't like work so they take out a loan which = work over a long time to pay it off, I know 3 ppl in their 30s that OWN their properties because the bought rundown places all for less than 60k, the electric, HVAC and Plumbing works but they were rundown properties and now they're liveable homes
Mortgage 30-38ish percent depending on OT
Groceries about 10%
Insurance and other bills probably about 8%
Rest goes in savings and DIY projects/emergency fund >shopping, dining out
pffffhahahahahaha
>50% needs
should be reduced as much as possible >30% wants
frick off no just no, to cite boomer warren buffet >do not save what is left after spending, spend what is left after saving >20% saving
double that atleast, i save 70% of my income, possible by reducing the needs part to bare minimum
What the frick? How does this scale with different incomes at all?
My breakdown is like 15% needs, 10% wants, and 75% savings. Should I just somehow make my needs consume 35% more of my income?
I have a suspicion that this is aimed at current urbanite 30-somethings who'd rather spend ludicrous amounts of money on takeout, booze and other worthless shit than save a bit of money
I'm a 20-something urbanite who spends ludicrous amounts of money on takeout (I doordash literally every meal), booze, and other worthless shit. I'm still putting away three quarters of my income into savings and investments. Even if I'm an outlier, that image shows a breakdown that's awful for nearly everyone except a small group of people who are all making nearly the exact same amount of money, but that amount isn't shown anywhere on it.
That's exactly my point. Different people earn completely different amounts of money, and that breakdown is only optimal for some single specific unmentioned income. If someone was making exactly the right amount of income to where they should be putting 20% of their money into savings, and then that person gets a 10% raise, pretty much none of that new 10% should be allocated to needs (because they're already covered) and nearly all of it should be going to savings with maybe a small amount going to wants if desired. Calling this breakdown a "rule" is moronic, because it's going to be on a sliding scale that's completely dependent on your specific personal income.
> so they can live the life you wish your parents had provided for you.
Yeah, I know. that's currently the plan. I know even if I get a good job I'm probably not gonna be rich in my lifetime, so I'm like 80% of the way to accepting the only thing I can do is give my kids a better life
>What does your monthly budget look like?
Approximately:
$8,500 to the government for taxes
$1,000 on food
$1,000 on rent
$500 on utilities/insurance/etc
$500 average-ish on miscellaneous expenses like repairs
$1,000 on random shit for myself or gifts for others. Toys, projects, whatever
$15,000 to savings and investments.
>Holy shit you better have like 3 other people in your house.
I don't. It's just me. I order doordash for basically every meal, so it adds up pretty quickly.
I recently had to rebuild my entire budget after relocating to a new country. I've converted everything to USD for convenience.
Household expenses (rent,electric,water,internet) - $770/month - 11% of income
Transport expenses (registration, fuel, maintenance) - $210/month - 3% of income
Grocery - $348 - 5% of income
Health (gym, private health cover, medications) - $278/month - 4% of income
Total non-nonelastics - 23% of income
Yes a gym membership is mandatory for me.
The rest goes to savings/investments. I don't like spending money as a rule and only buy luxuries after a lot of internal debate. Being a US citizen with type 1 diabetes will do that to you. I used to spend nearly 30% of my after tax income on managing my diabetes. Luckily Australia treats me like I deserve to be alive.
You seem to actually have your costs under control. Is there debts you can hit hard to free up more money? Also, your groceries are a bit high unless you got a multi kid family. Can you preprep meals more?
where do you live in australia that rent is that cheap? places in my bumbfrick area are pushing 500 a week just for rent
Weird when so much is uninhabited.
Depends entirely on the kind of party youre talking about
[...]
Unironically yes. The idea that the bond of family is conditional upon the quality of the individuals therein is a society destroying millenial aphorism.
It's not like people didn't frick off from their family as soon as they reached adulthood back in the past either anon.
>my wife and I are in tech
imagine the smell in that house
Lmao my wife works long hours in tech remotely and yeah, she often fails to take care of herself.
>car more thn 5 years old BAD!
what? this is the dumbest thing ive ever sene on this board. cars less than 5 years old are bad and wont last. if you were poor and looking to finance a car you should be buying a 90/2000s toyota etc
new cars are for morons
By 5 years a lot of the depreciation is already out of the way.
>It's not like people didn't frick off from their family as soon as they reached adulthood back in the past either anon.
Right into a dysfunctional family of their own making :/
Take the litte earth pill, accept that npcs do not overcome their environment
>Weird when so much is uninhabited.
what does this mean? do you live in mt isa or something? i was asking what area you lived i know the place is sparsely populated im actually from here
I'm from the USA. Every inch of land is owned. It seems like Australia has so much undeveloped land that it would be on the cheaper end. Could you explain further?
Cool. Now find me the land I can just lay claim to.
1 year ago
Anonymous
A lot of that land is less than $10 per acre. If you desperately want to not pay that to the state government for their formal approval that the land is yours, you are entirely welcome to "just lay claim" to it. It's unlikely that anyone would stop you from making a reasonable claim, but if the land you claimed eventually becomes very important, the state may threaten to take it from you, just like any powerful entity might challenge a less powerful entity for their property.
But if you just want to go build a cabin in the mountains out in the middle of nowhere, go nuts. Nobody's going to stop you and that land is then yours for all intents and purposes.
1 year ago
Anonymous
I'm still waiting for that huge list of land I can buy for 10 an acre.
1 year ago
Anonymous
Goalposts obliterated
1 year ago
Anonymous
No, that was literally my original point. Nice try, I'm sure you'll get that whole reading thing eventually.
A lot of that land is less than $10 per acre. If you desperately want to not pay that to the state government for their formal approval that the land is yours, you are entirely welcome to "just lay claim" to it. It's unlikely that anyone would stop you from making a reasonable claim, but if the land you claimed eventually becomes very important, the state may threaten to take it from you, just like any powerful entity might challenge a less powerful entity for their property.
But if you just want to go build a cabin in the mountains out in the middle of nowhere, go nuts. Nobody's going to stop you and that land is then yours for all intents and purposes.
the problem is how sparse the population is, yes we have an abundance of land and it is cheap when you go to the middle of no where...but, you are literally in the middle of no where. nothing near you for hours either way and often no services either. if you live in sydney the next closest actual city is brisbane 10 hours drive away. i live 2 hours from sydney and commute in every day and that is seen as pretty normal, whereas most americans seem to shy away from driving 2 hours for a special occasion (for example i was speaking to a guy from phoenix that was saying he doesnt go to vegas often because it such a long trip, and he seemed stunned when i told him i do that drive 10 times a week.
it kind of forces prices higher because everyone has to live near the cities (of which we only really have 7 of) if they want to have any semblance of a career/normal life etc
houses where i live are pushing 750k on the low end whereas 2 hours out of phoenix a similar place is about 250k
You're wasting 18% of your waking hours commuting. Nearly an entire fifth of the time you spend conscious is spent mindlessly driving to work. That guy from phoenix is right to be stunned.
1 year ago
Anonymous
most people in my town work hospitably or commute to sydney, theres nothing else to do. what do you propose i do? give up my 120k a year job that i love doing and work hospo?
1 year ago
Anonymous
Move you fricking moron
1 year ago
Anonymous
to where? western sydney and live with the currys and muslims where its full of crime? or pay 700 a week to live in a box with the chinks in the city?
98% white middle class where i am and i have a 4 bedroom house with a big yard...why trade that for a bit more time on days im already spending 10+ hours working
1 year ago
Anonymous
>why trade that for a bit more time on days im already spending 10+ hours working
Jesus fricking Christ. On weekdays, you spend 4 hours a day commuting and 10+ hours working? So most days you have like 2 hours that aren't completely eaten by your job? And that doesn't make you desperate to reduce that time? I would be absolutely frantic in trying to claw back some of my time if I lived like you. You get one life, you're burning the vast majority of it, and you're defending that waste because it lets you retain a slightly higher salary or a cheaper house?
1 year ago
Anonymous
Realisticly, the anon could just use his commute time more effectively. 4hours a day is enough to learn to speak a language for fricked sake.
1 year ago
Anonymous
>On weekdays, you spend 4 hours a day commuting and 10+ hours working?
yes, often shifts are 16 hours. i have more than 2 hours i wake up at 9 and leave my place at about 1pm finish work around midnight home by 2am straight into bed. so 4 hours usually to do stuff plus 2 days off. >And that doesn't make you desperate to reduce that time? I would be absolutely frantic in trying to claw back some of my time if I lived like you.
that just means your living your life wrong mate. i unironically love my job, ive worked for years trying different things to get it almost perfect, if i wasnt being paid to do it id probably be spending a few hours a day doing it anyway. youre upset at the idea of spending most of your time becuase you obviously dont like your job and assuming you work full time youre wasting 38 hours a week, which is more than me wasting 20 driving
get a job you enjoy and you wont see it as wasting your oh so precious time
Realisticly, the anon could just use his commute time more effectively. 4hours a day is enough to learn to speak a language for fricked sake.
i listen to some podcasts and stuff re skill building and stuff but mostly i listen to music usually 2 or 3 new albums a week. once you get used to it the driving is actually pretty comfy
With land that cheap, can't you simply save up and homestead?
1 year ago
Anonymous
probably. its usually pretty arrid areas. look up land for sale in nyngan NSW. but just like the rest of the west the powers that be dont want you to be self sufficient so its probably illegal somehow
About 2/2-5k for rent, utilities and groceries, the rest I can spend with whatever I want (mostly tools, dinners here and there, motorcycle maintenance and escorts) and save the leftovers to spend on something big in December. I make about 11k/month that is going to be bumped to 15k/month in about 2 years.
I thank God everyday for not being married and not having kids
What exactly are you guys putting your "savings" into? I make enough money to pay my bills easily and turn any extra money around and invest it right back into the farm in the form of equipment, repairs, tools, supplies, improvements, etc. I do have some money in "savings" and it's actually lost money in the last couple of years. This leads me to not want to put any more money into those types of savings accounts and instead re-invest it all into tangible items that actually have a fixed value instead of the funny money fiat currency that we are using as money that could be worthless tomorrow.
A combination of stocks and bonds. >it's actually lost money in the last couple of years
There's been a major economic downturn over the last couple of years, so that's expected. It goes back up.
mine looks like this: basis 1100€
rent:600€=55%
food, household stuff:300€=27%
art supplies:150€=14%
Internet, transport=50€=whatever the rest is.
So either the art needs to generate revenue or I need to work or I can't go out in the evenings
hey I'm scraping by and without a hobby, people get depressive. I don't attend Uni for fun, but because I can't create money from thin air later on - so both are necessary.
Have you considered drawing furry porn? Those guys will pay you even if your art is garbage. The demand for customized yiff far outstrips the supply.
I think I would ruin it for myself if I started doing this. It's traditional too and I think they are more into digital stuff.
I save money with diy stuff though, I built my own bed and sometimes I help with bicycle repairing and get a little money.
>and without a hobby, people get depressive
Why do euros do this thing where they make an extremely generalized (and oft factually dubious) statement about people, and act like thats a valid reason for not doing something themselves.
You know you have a higher potential for becoming depressed if you dont have a hobby. Thats not an excuse to not get a fricking job, its literally the exact opposite. Since you are aware, you are more capable of taking precautions and better maintaining your mental state than someone who is not aware of the possibility.
Fix your fricking shit
1 year ago
Anonymous
>Why do euros do this thing where they make an extremely generalized (and oft factually dubious) statement >Why do euros
1 year ago
Anonymous
There was a comma, and a qualifier after that comma you brain dead moron.
1 year ago
Anonymous
can you really not see the humour in making a generalised statement complaining about people who make generalised statements
state
1 year ago
Anonymous
I know it was a joke. But not by your effort, since you cant even be fricking botheres to formulate it correctly.
Here, you dumb phuck
>and without a hobby, people get depressive
Why do euros do this thing where they make an extremely generalized (and oft factually dubious) statement about people, and act like thats a valid reason for not doing something themselves.
You know you have a higher potential for becoming depressed if you dont have a hobby. Thats not an excuse to not get a fricking job, its literally the exact opposite. Since you are aware, you are more capable of taking precautions and better maintaining your mental state than someone who is not aware of the possibility.
Fix your fricking shit
>Why do euros do this thing where they make an extremely generalized (and oft factually dubious) statement about people, and act like thats a valid reason for not doing something themselves. >why do euros
WOW SO FRICKING HARD
1 year ago
Anonymous
1 year ago
Anonymous
SPEAK.
DELIBERATELY.
1 year ago
Anonymous
I easily understood him. You might be moronic or ESL (the pic was a clue as to what point he was making).
1 year ago
Anonymous
Did you reply to the wrong person?
1 year ago
Anonymous
no
I knew from his effort that it was a joke (pic of black pot and kettle, goigle it if u still don't get it)
If you can't provide for yourself and family, what value do you have?
1 year ago
Anonymous
>having a family
Lol, lmao
1 year ago
Anonymous
Yes. It's something you'll never have if you fail to become a man.
Don't listen to the other idiots. When you're in university, getting a degree is your job. Focus on your studies and getting your degree quickly.
In uni, your earning potential is very limited, so it's not wise to spend your free time working for minimum wage.
Your life does need balance, so hobbies are important. Art is pretty cheap as far as hobbies go.
The main caveat to this is the assumption your degree is in something that will make you employable. A degree in fashion, archaeology, etc is not worth delaying your career by 3 or 4 years, god forbid going in to debt over that.
If you're only able to work for min wage then you're not in a place to go to uni unless you've gotten a full scholarship, have savings (like a 529) or someone is paying your way. There's a reason community colleges and state schools exist.
1 year ago
Anonymous
>It's something you'll never have if you fail to become a man.
Blatantly false. Otherwise the divorce rate wouldnt be so high.
1 year ago
Anonymous
There's little barrier to entry to knock a b***h up and put a ring on her finger. Actually making a lasting, healthy family unit is something entirely different.
1 year ago
Anonymous
So now its a lasting, healthy family?
Goalposts are usually a 2man job to move, dont pull a muscle on me.
1 year ago
Anonymous
Hardly a goalpost shift Mr. Hair splitter, that's what you would want in a family is it not? Not that guy before you reee at me(you will).
1 year ago
Anonymous
>added two extra qualifiers >pointing this out is splitting hairs
>oh, you mentioned having a family for the purposes of life fulfillment? >well jokes on you, you didn't specify at first that you were talking about a HEALTHY family!
People who participated in elementary school debate clubs should be euthanized. Their brains are too fried by the experience to be able to communicate with normal humans afterwards.
>well jokes on you, you literally didnt say what you meant!
Correct...
1 year ago
Anonymous
You've never been invited to a party in your life, have you?
1 year ago
Anonymous
Depends entirely on the kind of party youre talking about
>a shitty toxic family counts, r-right?
Unironically yes. The idea that the bond of family is conditional upon the quality of the individuals therein is a society destroying millenial aphorism.
1 year ago
Anonymous
>a shitty toxic family counts, r-right?
1 year ago
Anonymous
>oh, you mentioned having a family for the purposes of life fulfillment? >well jokes on you, you didn't specify at first that you were talking about a HEALTHY family!
People who participated in elementary school debate clubs should be euthanized. Their brains are too fried by the experience to be able to communicate with normal humans afterwards.
Don't listen to the other idiots. When you're in university, getting a degree is your job. Focus on your studies and getting your degree quickly.
In uni, your earning potential is very limited, so it's not wise to spend your free time working for minimum wage.
Your life does need balance, so hobbies are important. Art is pretty cheap as far as hobbies go.
The main caveat to this is the assumption your degree is in something that will make you employable. A degree in fashion, archaeology, etc is not worth delaying your career by 3 or 4 years, god forbid going in to debt over that.
Church
Racists who get doxxed
Local people in need
Family
10% is got church
10% sits in an account with a card so I can give when the opportunity arises. Whatever is left at the end of the year goes to charity
Bought my car for 1300cad or about 900 freedom dollars, safetied no work needed, feels good man. its an ultra common car so I get parts from the scrapyard
Two things are happening here
1. Those old shitboxes are a threat to everyone and the driver
2. Those old shitboxes sat for a decade before being bought again
A cars manufacture date doesnt tell you how old the car is.
>Make 40k a year before taxes >Lived with parents and saved up as much as I could >Bought shitty trailer with 15k down (could not buy house because of income to debt ratio from student loans) >$450 a month plus $150 a month for land rental >Can now actually live a normal life even if this piece of shit trailer will fall apart within a decade
Don't know what I would've done without my parents though. I've tried to budget since but finishing my associates and not getting any job offers has made me not give a shit recently.
>Don't know what I would've done without my parents though.
Rent a shitty apartment
Could be a decent apartment or an early house without the student loan debt though
Parents really enable their kids to make the worst decisions.
Mid thirties, I moved back in with my parents. I don't have a budget right now and I'm going full neet except for working. My budget is gas, booze, and occasionally sex toys and lubes. Haters gonna hate but I spent over a decade bleeding money to landlords for no reason.
Some months we spend more or less, some months we make extra money, but this is a rough overall view.
Located in rural Pennsylvania, we own over 20 acres. Having Mrs. Wife at home, if only part time, really cuts down on expenses because then she has time to cook and do other stuff, which saves money.
Considering starting my own ISP, I reckon I could beat the shit out of Comcast.
>Considering starting my own ISP, I reckon I could beat the shit out of Comcast.
Get to talking. I guarentee you can get some great techs from comcast, trust me they hate comcast more than you do.
>5500 monthly
$1000 to the tax man (social security/state/fed)
$1000 into 401(k) and IRA
$350 into insurance
1250 to rent
400 to food
350 to car payment
100 to gas
The remaining 1000 or so depends on the month. Sometimes it gets eaten up on booze and smokes, sometimes it's taking the girlfriend out on nice dates, sometimes it goes into savings, sometimes I play stock market roulette, sometimes I buy furniture, sometimes I pay an extra couple hundred on my car.
There is no way most anons here are actually spending less than 50% of their income on necessities if you are counting after tax income, since taxes actually rape 25-30% of your salary before you touch it. I don't know why people calculate their income or expenses with the pre tax figure it seems like a massive cope for being heavily taxed and getting nothing for it.
Rent in my shit hole town is 1k minimum for the most basic apartments or you can live in someones tiny spare bedroom for $600 a month. For some reason no one makes basic starter apartments for young adults so either you live with family, strangers, or get raped with high housing / rent costs. Also I have no idea how you can save more than like 40% of your income. You can do much better stuff with it than invest it at that point and the stock market / crypto / whatever doesn't have a guaranteed chance of returning that investment many things could happen before you retire to frick you.
Oh yeah for the traditional investing advice of spending 1/3 of your income on housing at max (at least that's what I've heard) you have to make about 60k to afford the basic b***h cheapest apartments. The median per Capita income is like maybe 37k. Literally have to nearly double your salary to afford to rent alone it's fricking insane, not to mention all the inflation destroying you too. Life is a rigged game and it wasn't meant to be won in one generation your great grandparents should have been investing wisely and working hard if they wanted their bloodline to escape poverty but instead they squandered the most wealthy time in human history. Feels very annoying to live with their mistakes.
>I don't know why people calculate their income or expenses with the pre tax figure
...because its the money you have to spend?
Oh no youre acdepting reality, the cope!
Like what the frick?
Pre tax anon, not post tax. The post tax income is what you ACTUALLY make. If you make 100k, you should calculate your budget on what you make before tax because in reality you are actually making like 75k or something like that. People just post their pre tax income online because it makes them sound wealthier. In reality the more you make the harder the taxes hit you. The actual difference between something like 60k and 80k income is smaller after taxes.
Oh, right ignore that. But anyways my post tax income is 2400 a month. I spend 700 on rent. Less than 50%.
Thats in upstate new york mind you. So you might understand if i have some trouble understanding just what the frick everyones problem is that they cant find something that works right for them.
I mean I rent from family so I spend $450 a month in northern Virginia. You can find cheap places but it is literally going to be living In a guys spare room and borrowing everything else in his house (bathroom, kitchen, etc) or just getting price gouged. also most people are making less than $20 hourly and probably never make more than $25 even at the end of their career. We just have fricked up wages compared to boomers and everything is in chaos, it's normal that most people are getting economically crushed. It's probably being deliberately caused by the elites in many ways.
Dude im literally making less than 20$ an hour in one of the most expensive states and i dont even feel remotely economically crushed.
I am simply not seeing what people are b***hing about.
I cannot help but feel its simply b***hing.
1 year ago
Anonymous
Assuming you have 1-1.5k a month of disposable income, it doesn't sound bad and if you just want to be single you will probably be fine. You'll be able to invest a lot of your money and buy most of the stuff you want, however actually obtaining a house / land orba family is going to require a lot more money. This is why most households are forced to be dual income and even then it's difficult to make things work. You can save up for months but one small medical issue can wipe out half a years savings easy.
Anyways yes most people are totally irresponsible with money but low wages and high cost of living still is a massive problem. Just because you might have avoided it doesn't mean it's not annoying as FRICK
1 year ago
Anonymous
>however actually obtaining a house / land orba family is going to require a lot more money.
Yeah... its called saving? >You can save up for months but one small medical issue can wipe out half a years savings easy.
No... financing in the health sector has existing since before health insurance. If you cant figure out a payment plan you dont deserve to have money.
>but low wages and high cost of living still is a massive problem
You have yet to give me an example.
All i see are people being bad with money.
>doesnt mean its not annoying
OH! Well forgive me! I didnt realize the problem was that its fricking annoying. Oh deary me we beed to stop life from being annoying! People dont deserve to be annoyed by the consequences of their actions!
1 year ago
Anonymous
I mean I'm glad your happy making a shitty income but it's not what I want and it's certainly not realistic to "just save" for a house that is simply outside of your salary. Just earn more money bro there is nothing wrong with making 40k but I'm not going to smugly pretend like I'm happy with it and with inflation eating away at your income you shouldn't be happy with it either.
1 year ago
Anonymous
>with inflation eating away at your income you shouldn't be happy with it either
Nobody is happy about inflation. If you want it to stop, go publicly tar and feather a member of the Federal Reserve Board in the streets.
1 year ago
Anonymous
>its certainly not realistic to "just save" for a house that is sinply outside of your salary
Well good fricking job even beginning to describe what makes a house "outside your salary"
What the actual frick is your problem, YOUR SUPPOSED TI SAVE UP!
with my "shitty income" i could afford a house within thw next 2-3 years, thats fricking amazing! What in the god damn makes you think thats not amazing?
1 year ago
Anonymous
On 40k a year virtually every house is outside your income level and you didn't say how much you're actually saving. To put even 1k in savings a month you're going to have only a few hundred to spend on yourself, I'm not really a consumer but you're perpetually living like a poorgay and that isn't a good thing.
>B-but I can save!!
Yes you're supposed to save for a down payment before buying a house, everyone does that. It is much easier to save when you have a higher income. Do you intend to make 40k forever? How long have you been saving? What kind of house are you going to buy? In my area the only thing you can afford on 40k is plots of land. I don't really care what you do with your money but why are you defending a clearly unoptimal situation? If you can make your small salary work that's great but I don't even know what you're arguing for. Fast food places start at $17 these days. You're clearly agitated and looking to lash out, I would put that energy into improving your life instead of being a wagie in new York.
1 year ago
Anonymous
>On 40k a year virtually every house is outside your income level
What?
No?
Are you fricking stupid?
>and you didn't say how much you're actually saving.
Because its irrelevant, a downpayment isnt a neccessity, the only reason to make one is to lower your monthy.
>youre perpetually living like a poorgay if youre not spending a few hundred a month on frivalities
What. The. Frick.
Im agitated because youre spewing bullshit at me with absolutely nothing to back it up.
>you cant afford much on 40k >because you just cant okay!
W H Y
H
Y
1 year ago
Anonymous
>buying a house with 0% down on a 40k salary
Where exactly?
1 year ago
Anonymous
A trailer park in a flyover state
1 year ago
Anonymous
NYS
Now what, moron.
1 year ago
Anonymous
Well, I guess you're not wrong, you got me
1 year ago
Anonymous
Oh and, you literally just fricking ignored me saying i can afford up to a 150k house. Why did you ignore that?
1 year ago
Anonymous
>On 40k a year virtually every house is outside your income level
My house is worth over 300k. My wife and I earn less then 40k some years. So I must not exist in your timeline.
I give my wife a $500/mo monthly allowance and $200/mo for kid stuff like clothes. She spends it all in the first 2 weeks then tries to justify the other half of the month as "toiletries". And I have to do groceries or else she spends $300/week on them. $90k salary with $1600 mortgage. FML
Open up another account in your name only and have some of your Daley directed towards that. She can’t spend what she can’t access. If you ramp it up slowly over time, she might not even notice.
What was the funny part of it? Are you pretending to have misinterpreted it as being $1600 for the entire mortgage, even though the post was specifically talking about monthly costs?
Do you understand what a joke is? Acting like a moron for no reason isn't one.
NEED 21%
Food 610
Fuel 60
Phone 55
Electricity 45
Gas 24
Water 71
Local tax 110
Health insurance 78
House insurance 27
Car one 64
Household items 37
Mortgage interest 1025
WANT 3%
Coffee 300
Car two 49
SAVE 77%
Mortgage repayment 8200
INCOME 10703
I could cut the coffee and stop eating out every meal. But I don't need to save more. I could get an electric water heater and cancel my gas bill. I could get solar and reduce my electricity bill. But I'm too lazy.
This is another reason why i hate hearing people who live in the US cry about not being able to live luxuriously. They legitimately do not understand how good they have it.
>leaving us with basically nothing.
Except working public transport, access to health care, a good education and cops that won't strangle you to death because they were having a bad day.
I don't know why you guys harp on this shit so much. Those are all just differences with different tradeoffs, not absolute benefits. Americans have worse public transport because nearly everyone owns a personal vehicle and public transport is mostly redundant at that point, so you're trading some cost and land consumption for personal freedom and convenience. Yeah we have bad public healthcare, but we have great private healthcare that's covered by employers for working-age people and covered by the state for retired folks, so you're trading being free to unemployed people for actually-functioning healthcare that doesn't take a month to get an appointment. I haven't seen any evidence that european education is much different than american education, though I'm sure you could cherry pick the worst elementary schools in the poorest areas and use that to make a weak argument. And yeah our cops are overly aggressive in a lot of places, but we make that tradeoff instead of having immigrants constantly raping women in the streets.
It all just depends on your value system.
What makes me moronic and how do I fix it? Pay the card off and throw it away?
Then why keep the cash uninvested? You're literally losing money, AND taking risk when there was literally no need to do. What do you get out of it? And don't even say some good goy points bullshit.
Youre both morons. If he keeps the balance to pay off whatever debt he incurs, its not a risk.
At least graduate HS before talking to me. Any debt is risk. Regardless of your assets, it's why they call it in accounting a liability.
There is nothing more hilarious than someone who gets paid a lot, thinking theyre rich. Youre a house slave.
This. I'm sure if I didn't budget most of my wealth would be frittered away and I wouldn't even know where it was going.
You just said you're nit investing the cash you could have paid to aquire the item or service you used debt to aquire.
>youre literally losing money
BIG BIG israeliteery itt
You dont need to worry about the money you lose to inflation unless you have over 100k in cash... you dont.
Call me when you stop being small potatoes.
>its why they call it in accounting a liability
They dont call it a liability if you have the cash to pay it off set aside...
They still call it a liability, regardless if you have assets in the same amount.
>and my family is rich
Poor people often give birth to other poor people.
1 year ago
Anonymous
>Poor people often give birth to other poor people.
*always give birth to other poor people
Never once have I seen a rich baby born to poor parents, the baby is always poor as shit.
1 year ago
Anonymous
Ok yeah I guess the baby is never rich. It doesn't mean the baby can't grow into a functioning adult who changes the financial outlook of his/her future and kids.
1 year ago
Anonymous
I have liquidity saved up for emergencies and to pay my balance, I don't let my entire net worth sit in the bank.
1 year ago
Anonymous
An emergency fund of x amount of months of expenses I can understand. But keeping the money for, say a tv, around but still using debt makes little sense to me.
1 year ago
Anonymous
I getcha and perhaps my wording was misleading, I don't buy big stuff unless I know I can pay it off.
1 year ago
Anonymous
>makes little sense to me
I imagine very little in general makes sense to someone incapable of understanding the benefits of barrowing money with no risk.
1 year ago
Anonymous
Well you go and keep "barrowing", then.
1 year ago
Anonymous
>"barrowing"
EXACTLY! You absolute moron. Its not barrowing so much as it is routing your expense through a bank. Benefits include getting a banks pussy wet to the point itll bend over for you when you decide to """buy""" a """million dollar home""" and """die suddenly in a plane crash"""
1 year ago
Anonymous
>I'm just gonna fake my death
Yep, this is the end-game of the credit cuck.
1 year ago
Anonymous
>stealing millions from israelites >cuck
Okay steinbergman
1 year ago
Anonymous
>he thinks he's stolen anything except his own prospects
1 year ago
Anonymous
>literally, objecticely, measurably steal millions >durr your a slave!
Nodebt homosexuals are so braindead its comical.
1 year ago
Anonymous
>literally, objecticely, measurably just giving them a tax break >thinks he's found that one weird trick >can never find love, have a family, retire >will be imprisoned if ever caught
I see you haven't thought this through. But I guess this is so much easier than,
*checks notes*
Proper budgeting and managing your money.
1 year ago
Anonymous
>giving them a tax break is hurting yourself
Put your mask back on, youre more fun when youre not being honest.
1 year ago
Anonymous
>committing multiple felonies just because he wants to feel Black person-rich for a few years isn't going to hurt him.
Do you have frontal lobe damage, or what?
1 year ago
Anonymous
>he isnt already on his third identity
Bitchmade shit
1 year ago
Anonymous
What's funny about that image is that is often one of the most costly mistakes.
1 year ago
Anonymous
What, killing your step-dad?
1 year ago
Anonymous
That would be a less costly mistake.
1 year ago
Anonymous
1 year ago
Anonymous
Wasn't aware of the story. I was talking about women in general.
my wife and I are in tech,
around $400k per year or $33k/mo.
30% goes to taxes, so net is $23k/mo.
30% of gross goes to retirement/stocks/options/etc, some offered through our companies and some that we get ourselves.
>>Our biggest expenses are mortgage, $5k/mo or 15% of gross income. >>Then daycare, $2.4k/mo or 7%. >>Then misc stuff (home improvement, stuff for kids, clothes, etc.) for $1k/mo or 3%.
are about 12k/year, so that's another 3%. >>Car payment is $500/mo or 2%.
insurance is around $500/mo or 2%.
are around 500/mo or 2%.
The rest gets stored as cash to rebuild our rainy day fund, once we have enough there we will probably invest more in stocks. We're in the process of buying a $50k car and will probably do most/all of it in cash if the interest rate we're offered is too high.
yes we are fricked mate. groceries alone atm are 100 for a single person if you dont want to lbive off ramen. then $2 a litre (about $8 a gallon) for petrol, bills are high, morgate rates and rent are sky rocketing, used cars are obscenely priced etc. if i was living on my own id be uncomfortable on less than 1300 a week after tax
Have well paying full time job but also live with my parents and don't pay rent so I dump 90% of my money into ETFs
I'm gonna be rich one day bros
>I'm gonna be rich one day bros
yeah, when you're 70 and can't even enjoy the corvette you're surely gonna lease.
retirement accounts are bullshit. sure I have a 401(k) and an IRA but I don't want to be rich in my 60s, I want to be rich NOW while I'm still young and can enjoy the lifestyle of a millionaire
Blame your parents then. Aside from getting extremely lucky, the best you can do is collect a bunch of money over your lifetime and pass it on to your child so they can live the life you wish your parents had provided for you.
Within a couple of years I'll have $200k saved up. If I never put another dime into it and let it grow at an 8% rate it'll be worth about a million dollars in twenty years and I can clock out of wagism in my forties. Maybe by that point I'll be running a consulting firm and get paid huge bucks to jerk off. I don't care what horrible fate you doom about because I'm going to make it.
Anon I desperately need you to learn how inflation works before you try to come up with long term financial plans
If your money is depreciating at 8%, my principal is growing at 14%. I told you already that I don't care what you're dooming about. You can die sad and poor in the miserable little hole you fantasize about, but I won't.
honestly you deserve to get btfo for being an uppity homosexual. and you will.
I only managed ~30% savings last year. I'm gonna do better this year, I blow so much money on home renovations tho. Need to be saving 50% for like 10 more years to hit retirement numbers.
Standard return rates for index fund retirement portfolios are around 7%. This already takes into account the average inflation rate of 3%. Did you really think you had a 'gotcha' with inflation?
>inb4 hurrdurr inflations 11% now youre fricked
It's been higher before in the 70's and everyone survived, savings intact. It's a long term game and if the board truly does get flipped over, you're worrying about starving, not money.
Go use a investment calculator you forever-poor. If you're investing 6k a month for 9 years, that can easily be a million.
Where did you get 6k/mo from?
Working? That's usually where you get money.
Are you saying that's the amount you personally invest per month? You brought it up randomly as if it were an example.
Right now my household is closer to 4-5k extra at the end month. But that's not including what's going right into an IRA and 401k. I'd like to push the savings more but it means I'd have to find a job to add to my wife's income. But even at 4k savings, you're at a million in 12 years at average interest.
70% is rembt
Around 80% savings.
Rest is food and bills.
Yes I live alone.
No I don't buy anything I don't literally need.
70% savings
20% rent
10% grocery/monthly needs/gym etc...
though I split the rent with my gf, it would 40% of my income otherwise
>20% rent
>though I split the rent with my gf, it would 40% of my income otherwise
this is what all of the Zoomers complaining about housing costs don't understand. Young women are refusing to get married and it's costing us. Feminism fricked over our economy and destroyed the quality of living for Zoomers yet they keep shilling for it.
>needs
>car payment
>needs
>car payment
Change it to 'shitbox repair fund'.
Not everyone has a few thousand to drop on a car to get to work, anon.
so instead they take a loan to buy an overpriced (new) car? lmao
...no?
You do realize that people with no savings need an auto loan to buu ANY car right?
ye but stupid Black folk buy a 30k car when they have 0 to their name and go to debt for 15 years you moron
>durr stupid people do stupid shit so auto loans are bad!
Okay and?
Poors gonna stay poor, learn from their failure and move on
And yet most Americans buy newer cars. They're even taking 84 month loans.
Fricking and? Again with this nonsense.
>durr stupid people do stupid shit
WE KNOW
IT HAS NOTHING TO DO WITH ANYTHING
It means you're likely stupid and you're poor because you're stupid. Stop leasing that avocado toast, you're just throwing money into the void.
This is what happens when you dont read the thread before posting.
Take your own advice. This is about budgeting, not spreading your cheeks for the credit-jew.
Beyond embarassing for you
The conversation itt had shifted to include a discussion about debt vs nodebt
EVERYTHING you are saying has already been said, and has SPECIFCIALLY been addressed by me.
The post you replied to was CONTEXTUAL. You replied, unaware of the context, with an absolutely moronic take given the context you wilfully fricking ignored.
Lurk more homosexual
>The conversation itt had shifted to include a discussion about debt vs nodebt
No if you pay attention it was anons praising their israeli masters and me dunking on them. Now stop posting because you gotta get up and work for Mr Shekelberg.
>EVERYTHING you are saying has already been said, and has SPECIFCIALLY been addressed by me.
If you're such a woman you need anons to know which posts are your's then use a trip or better yet go back to redd!t.
>The post you replied to was CONTEXTUAL. You replied, unaware of the context, with an absolutely moronic take given the context you wilfully fricking ignored.
I nutted in your mom CONTEXTUALLY
>No if you pay attention it was anons praising their israeli masters and me dunking on them.
Either direct quote or frick off. But also frick off because nothing you can quote is part of the reply chain YOU REPLIED TO.
You first. Lmao check and mate.
Unless it's at 0% interest and you know what you're doing. Hint: 77% of Americans don't know what they're doing. (And thats counting kids to lower the percentages).
>Unless it's at 0% interest
That's what I'm doing, haven't made a single interest payment so far
Watch that. They do israelitemagic to end the 0% before what is advertised and then jack up the rate. But either way, why can't you just save. That's what was done before boomers came along.
I save as well, I don't make a big purchase unless I have the balance to pay it off
>I keep the balance to pay it off
>I still take on the risk of debt
Why? Even if you did a short term investment with that money, you're not netting much and you're just taking on more risk than you really need to.
Youre both morons. If he keeps the balance to pay off whatever debt he incurs, its not a risk.
What makes me moronic and how do I fix it? Pay the card off and throw it away?
Or just keep using it while maintaining the cash to imediately pay off whatever debt you take on. Either one works.
A car payment is one of the easiest ways to build your credit anon.
If you plan on owning a house and are not independently wealthy, a 5 year car loan and some credit cards can be greatly beneficial to you.
>get a 0% APR for 12 month card
>start using it for daily expenses
>reach limit
>goy score drops 50 points because "balances too high"
>pay off right before interest kicks in
>credit score increases by just points
The credit system is all fake and gay and only measures how much of an interest paying dumb consumer you are.
increases by just 5 points*
nta but I only ever used my credit cards to buy shit online because it was the most convenient way and even during my poorgay years I ended up with a pretty damn good score
Its not hard if you're even just a little prudent with your spending, pay off the balance every month and keep your revolving debt low. The most annoying thing is getting all the fricking CC offers in the mail.
Stop looking at your credit score, they dont even matter and they flucuate from day to day. Not to mention there are like 7 different ones which are all different.
You know how you can download the experian app and itll "boost" your score?
Do you think a bank gives a frick that you downloaded an app?
The people who give out loans dont look at your score, they have computer algorithms that look at your actual credit lines and history of said lines.
The single most important thing to your credit score is TIME.
They want OLD accounts which were paid for on time.
Thats it, they arent looking at some arbitrary number a 3rd party is assigning to your credit line.
>The credit system is all fake and gay
Yes it is, but unless you are independently wealthy you arent gonna get a large lump of cash any other way.
>consolidate debt
>credit score goes down because I just wiped away a bunch of credit history
yea it's pretty much rigged to rape poor people
The score would be higher after it was all paid off...it might not show up until month 13 or 14. The inquiry probably dint fall off yet either
>he needs a credit rating
Lmao, ok goy. Have you considered saving up for the things you need and want instead of using money you don't have.
>instead of using money you don't have
You're not supposed to max it out moron
You're not supposed to use it at all, you dumb fool.
Why not? It allows me to defer payment and keep more money in the bank.
boomer lore that is no longer relevant
banks no longer care if you pay debt back fast and the whole "building credit" thing doesn't happen any more. they look at your income and standing debts primarily now, not how much debt you pay off at a time
it's why people who finally pay off their student loan or dumbass consoomer era credit cards suddenly find themselves innundated with offers for black cards, but people who use credit regularly don't have particularly impressive credit or other borrowing ability
the whole TAKE OUT A LINE OF CREDIT AND USE THAT THEN PAY IT OFF INSTANTLY thing did work once upon a time but the algos and banking doctrines have changed
This. If you're going try to build credit, and the only somewhat legitimate reason is to buy a house (which you don't even need a credit rating for), then get a secured credit card and then your risk is 0.
If you live in Muttland, you NEED a car, unless you're in like, NYC or San gaycisco
>not buying your car outright
How are you supposed to buy a car outright without the money to do so?
Buy a cheaper car or save your money longer
Saving.
Despite what some people seem to think it's actually not required to drive a recent shiny car
Okay morons, lets do the math.
Somehow i manifest 2k out of my butthole, despite not being able to commute to work.
The goal is to buy a car that will last, i find a car that fits my criteria, but it costs 5k.
So i buy a car for 2k, its a beater, got problems, but it gets the job done for now.
So now i can actually save up money, but in the time it would take me to save up 5k, this 2k car will have cost me at least a 1k in repairs and maintenance.
...OR i could get an auto loan at 6% and put 2k down.
In that case i would end up spending less money by the time the loan is paid off than i would have by buying a cheaper car to start with and saving up to buy a better car.
morons like you who think auto loan = recent shiny car need to shut the frick up.
I dont CARE that morons borrow more than they should. That doesnt mean loans are bad.
Assuming you buy a car for 40k
>2400 just interest in the first year
Yeah that will save you a lot of money compared to 1k in repair bills for some shitbox.
Car payments are the dumbest shit ever.
You pay a ton of money for a thing that looses half its value when you pick it up from the car dealer.
I literally just detailed a scenario in which you would not be paying a ton of money, but would rather actually be spending less by getting an auto loan than by saving up and buying cash. This illustrates that at the very least you cannot write off the concept of car payments, because they can be a smart choice.
But you just ignore that and say
>well, lets assume a scenario in which its not a good idea to get an auto loan
>see? Car payment dumb!
What the frick.
Why are you doing this.
You know you can get a loan on a used car right? You're not so dumb to think he meant it would better to.buy a new car than a used?
You can but if the car is over 5 years old I'd say it's generally not a good idea.
Depends entirely on how much the car costs. Anywhere betweek 4k and 10k, an auto loan isnt a bad idea AS LONG AS you get a low interest rate.
>car more thn 5 years old BAD!
what? this is the dumbest thing ive ever sene on this board. cars less than 5 years old are bad and wont last. if you were poor and looking to finance a car you should be buying a 90/2000s toyota etc
new cars are for morons
My guy I've only owned 20+ year old cars, I said FINANCING an old car
Financing a car that costs 5k is a bad idea.
>no warranty
>still an old shitbox that will probably break
>cars at that budget can be a time bomb
>only because they still look nice it does not mean that the car will last a while.
>low mileage is worth nothing because it can be altered very easily. When done right there is no way to trace it.
So what do you recommend instead?
Save 10k and then buy the 5k car outright...
>don't have enough money to buy a 5k car so you can continue getting to work where you make money?
>simply save 10k first!
You people are unironically moronic
Try harder at life. 10k isn't even much money to save up.
>Everyone in life started from the exact same conditions and has experienced the same obstacles since
Autism
Let me guess it's systemic racism or some other liberal buzz-word bullshit keeping you back right?
I'm not even that anon, I'm just not stupid enough to think some kid raised in bumfrick Alabama has the same opportunities and protection as the Yale dean's son
>Try harder at life
I'm very wealthy and I'm not talking about me. I'm calling you a moron for thinking that the solution to some people not being able to afford a cheap car without financing is for them to simple have more money. You're like one of those stuck-up Beverley Hills girl stereotypes.
>can't make money without car
>"just save up money for a car"
you're legitimately moronic
buy what you can actually afford out of your pocket.
>Oh you did not save any money?
>cant save money without a job
>cant get a job without spending money
How many times do we have to go over this with you, old man
>cant save money without a job
>cant get a job without spending money
I guess you're just fricked, since you seem to be helpless. I suppose you need to live with mom as long as she lets you.
>looses
moron confirmed
Imagine not being able to save up 5k.
Whew lads!
Constructive arguments only please, thank you.
I work two towns away, at odd hours. Not even the most european busing system would be able to accomidate me.
Then don't, I don't know what else to tell you. I figured out my own shit in my life and it wasn't perfect but I still did without expecting everyone else to spoonfeed me.
A loan is not being spoonfed...
That's not what I meant.
Personally I'm not even against car loans in general, I got one once but that was after years of enduring public transport and old leaky beaters and I had enough money for debt to not be an issue. There's an entire subset of poorgays out there who'd rather put themselves in debt they can't stomach just because they think they're above driving shitty old cars and you know it.
Not only did i already fricking say i know it, ive said it MULTIPLE TIMES. Fricking read.
I'm not gonna read your 30 posts of deflecting and excuses, sorry
>im not gonna read the discussion before adding my 2 cents
have a nice day
Making excuses for everything and playing victim isn't a discussion.
Get some fricking agency
Quote the excuse i made. Go ahead, try.
>I work two towns away, at odd hours. Not even the most european busing system would be able to accomidate me
>Somehow i manifest 2k out of my butthole, despite not being able to commute to work.
>i cant take a bus to work
>i do not have 2k
These are excuses how...
>not being able to commute to work
Take the bus with the other worthless peasants
I outright bought an '05 piece of shit for $2k in 2012 that had been totaled and gotten back into working condition, and it's still my daily driver with maybe $500 put into it for repairs since I got it. $300 of that $500 was because I let a shop do a repair that I could have done myself for ~$60, but didn't have the time for.
You're just making excuses
Assuming thats true, you got so incredibly lucky its dman near a miracle. Do not expect reality to commonly repeat what happened to you. It is not statistically pheasable for an individual to expect it. Ironically, it would be gambling.
>you got so incredibly lucky
No I didn't. I just took care of my car and did my own repairs.
Denying reality isnt smart. It doesnt matter how well YOU take care of your car. Buying a car that has had previous owners does not end up like your situation often.
You're just a fricking moron. Buying a used car from a dealership does not get you a better car than buying from a private seller.
You will wind up paying more money in the end compared to just buying outright unless something unusual happens like a wreck or a blown engine.
It's fine though; the tradeoff isn't usually about what is ultimately the most thrifty; it's about poorgays not having enough money to buy a decent car outright.
Another situation where financing makes sense is when interest rates are low and there are other more valuable things that you can do with the cash in the meanwhile.
You replied to the wrong person and or youre moronic
>you got so incredibly lucky its dman near a miracle
I paid 3K for my 2001 car 6 years ago. I replaced the clutch for $300, would have been $800 by a shop, and replaced the valve cover gasket, maybe $100 in a shop. Then just oil, filters, bulbs, tyres.
You debt homosexuals always catastrophize old cars but they are never that bad. In 15 years of driving old cars the only breakdown was a head gasket, I fixed it by buying another 3k car, and the clutch. Thats 4k total on car repairs. Nothing compared to repaying debt. And then theres the massive insurance savings.
>nothing comlared to repaying debt
My interest will end up being about 700 by my last payment.
On a 5k loan.
What you need to do now, is explain how buying an interim car for a few k thousand so i could save up 5k would have been cheaper than the loan.
Because i cannot make it cheaper no matter how i arrange the numbers.
You no debt homosexuals are incapable of understanding nuance. All yoy can fricking do is scream THING BAD! THING BAD! STUPID PEOPLE DUG THEMSELVES INTO A HOLE CANT YOU SEE YOULL DO THE SAME????
And then when asked how the actual frick im digging myself into a hole, you cant explain how 2000 is less expensive than 700.
>You no debt homosexuals are incapable of understanding nuance. All yoy can fricking do is scream THING BAD! THING BAD! STUPID PEOPLE DUG THEMSELVES INTO A HOLE CANT YOU SEE YOULL DO THE SAME????
I have 100s thousands in debt. I'm regularly rebasing to take on more.
What I don't do is tell myself the lie that a cheap car costs more than an expensive car. Only women and Black folk and you use the excuse that they must buy an expensive car because otherwise it will break down.
YOU HAVE NOT EXPLAINED HOW 3K+5K IS MORE EXPENSIBE THAN 700+5K
Why are you suddenly wanting to buy two cars. Aren't you claiming to be poor?
Oh my god you dont even remember what we're talking about...
I'm about to move back to the US after being stationed overseas, and holy frick, WHAT has happened to the used car market in the past 4 years?
10 year old cars with 100k miles on them going for $18k+. I'm guess I'll just buy some clapped out shitter for $2k, and then spend $3k fixing it up, since $5k just gets you a shitmobile now.
This is always dumb unless it's a clapped out hoopty I wouldn't drive anyways.
If I bought my car outright, how could Zi have put in $2k a month in crypto in 2020?
Not every 2k car is a total shitbox but you do have to know what to look for, easier said than done
this is midwit poorhomosexual advice. same as paying cash for a house. poor people are afraid of debt instead of realizing they can put those tens of thousands they were going to spend on a car to work for them.
You vill buy ze hooptie
There's no surefire investment you can make that will outpace the interest of a car loan
Depends entirely on the loan and the interest
It's certainly a need if you want to dodge the miserable hell known as cities.
lol at the amount of people responding to this thinking op is saying dont own a car, on this board of all boards lmao
exactly, never did it myself but one of my friends would buy $500 old as dirt used cars and get them to last a year or two at least, I'm sure it would cost more now than in the early 00s but there still have to be cheap super old cars out there for sale
You morons remind me of my grandma who bought 150$ laptops every year instead of buying one that would last a decade.
What is a budget? My expenses are personal lubricant and food I steal internet and everything else hahaa
Black person
Bills and food is about 4k a mo
Pretty much everything I make unless extra work comes up. Made waifu retire to watch babies so income cut in half.
I don't budget, you don't need to budget if you hate giving other people your money because it in turn was given to you begrudgingly by your shithead employer
"needs" is a great way to say you're budgeting without actually budgeting
a 20% savings rate is a great way to be beholden to said shithead employer until you can no longer move
the problem here is that for most people, that 50% is literally all going to be rent UNLESS you live with your parents at 22 (me) or you go in with 3 other people. i am working a skilled labor job, i am a manual and CNC machinist, and i still can't live on my own because rent is 1k/m even in rural bumfrick nowhere
>50% to rent
literally this
I'm 24 and I have an helpdesk job in the Midwest making about $46k and all the apartments in my area are $1100+ a month and you'll still end up with roaches and crackhead welfare monkey neighbors.
After taxes and the 6% going to my Roth IRA I have like $2100 a month. Somehow I'm supposed to only spend 50% of that on "needs"
>all the apartments in my area are $1100+ a month
Look harder. I guarentee youre missing really obvious finds like duplexes or something farther from where you work. Do you already commute? You should be looking for a place within an hour drive of work. You might say thats too long to commute, but with an economical car and the lower cost of living (because obvioisly you would find somewhere eith a lower cost if living if your range is that large) it ends out being cheaper.
Spend like 11 hours of my day strictly dedicated to work in some fashion that I don't care about so I can afford to live
It hurts to live
I love these stupid narrow-minded buttholeswho think they know better than everyone. I'm pretty sure he's more familiar with his local housing market than your dumb ass is, if something that was both cheaper and acceptable existed he'd be living there. You're not smarter than anyone else, you're just an obnoxious homosexual.
>if something that was both cheaper and acceptable existed he'd be living there
Wrong. You homosexuals love to make excuses in order to be able to continue playing the victim in your own lives.
Go ahead and keep being miserable instead of trying to do better.
i got lucky enough to rent in the Detroit portion of my city so rent was never +$600. when i did try to move away from the poverty line everything in a civilized area is $1k plus, so I just saved up until i could afford a mortgage and property taxes
>2100$ a month
kek, NA wages are something else
I don't even make that much per month yet I can save over half of my income and still live in a quality appartment
>25k a year
>NA wages are something else
Where do you live, china?
In Europe you can be a licensed tradesman and only take home around $800-$1000 a month.
what
said
eastern europe is kek mode, basically everything imported is expensive - e.g. electronics, thats why people are salty when it breaks down after 2 years because a dish washer is 2 months worth of savings for the average household
a 70m^2 apartment costs from 100k in the most hidden shithole upwards to 300k in the capital city
so you can imagine people being able to buy only 1-2 of those during their life time but they mostly decide to have a house which adds up in costs way faster
>with 3 other people
This is stupid. 2 is more than enough. 1200 for a 2 bedroom aparpment, making each persons rent somewhere in the 6-700 dollar range depending on utilities.
Youre not gonna gonna find a 3 bedroom aparpment where rent÷3 is less than 700
Honestly the best option is to live at home until you buy property and preferably buy a rundown property, ppl don't like work so they take out a loan which = work over a long time to pay it off, I know 3 ppl in their 30s that OWN their properties because the bought rundown places all for less than 60k, the electric, HVAC and Plumbing works but they were rundown properties and now they're liveable homes
>renting
Bruh, look for a house and apply for a mortgage, renting is a money sink you'll never get anything back from.
Mortgage 30-38ish percent depending on OT
Groceries about 10%
Insurance and other bills probably about 8%
Rest goes in savings and DIY projects/emergency fund
>shopping, dining out
pffffhahahahahaha
thats a terrible consoooomer plan
>50% needs
should be reduced as much as possible
>30% wants
frick off no just no, to cite boomer warren buffet
>do not save what is left after spending, spend what is left after saving
>20% saving
double that atleast, i save 70% of my income, possible by reducing the needs part to bare minimum
What the frick? How does this scale with different incomes at all?
My breakdown is like 15% needs, 10% wants, and 75% savings. Should I just somehow make my needs consume 35% more of my income?
I have a suspicion that this is aimed at current urbanite 30-somethings who'd rather spend ludicrous amounts of money on takeout, booze and other worthless shit than save a bit of money
Same for what? Emergency fund, PM, retirement acct?
ya
I'm a 20-something urbanite who spends ludicrous amounts of money on takeout (I doordash literally every meal), booze, and other worthless shit. I'm still putting away three quarters of my income into savings and investments. Even if I'm an outlier, that image shows a breakdown that's awful for nearly everyone except a small group of people who are all making nearly the exact same amount of money, but that amount isn't shown anywhere on it.
I'm sure you can guess, anon
not everyone earns $200,000
That's exactly my point. Different people earn completely different amounts of money, and that breakdown is only optimal for some single specific unmentioned income. If someone was making exactly the right amount of income to where they should be putting 20% of their money into savings, and then that person gets a 10% raise, pretty much none of that new 10% should be allocated to needs (because they're already covered) and nearly all of it should be going to savings with maybe a small amount going to wants if desired. Calling this breakdown a "rule" is moronic, because it's going to be on a sliding scale that's completely dependent on your specific personal income.
You really are a 20 something urbanite. It's obviously a rule of thump.
I've been keeping a running track over the years
wow
man I fricking wish I paid 4.85% taxes
lol
that's just tracking local government rates, the money is after tax
plz give me gifts
I make way more money than I spend, so I don't bother budgeting anything.
90% for my parts/repairs/tools/equipment/other expenses. 10% for the big guy.
> so they can live the life you wish your parents had provided for you.
Yeah, I know. that's currently the plan. I know even if I get a good job I'm probably not gonna be rich in my lifetime, so I'm like 80% of the way to accepting the only thing I can do is give my kids a better life
>What does your monthly budget look like?
Approximately:
$8,500 to the government for taxes
$1,000 on food
$1,000 on rent
$500 on utilities/insurance/etc
$500 average-ish on miscellaneous expenses like repairs
$1,000 on random shit for myself or gifts for others. Toys, projects, whatever
$15,000 to savings and investments.
>$1,000 on food
Holy shit you better have like 3 other people in your house.
I don't think my wife and I could spend $1k a month on food if we tried.
>Holy shit you better have like 3 other people in your house.
I don't. It's just me. I order doordash for basically every meal, so it adds up pretty quickly.
Sir we are talking about monthly budgets not annual budgets
That's my monthly budget. You think I pay $1k/yr on rent?
What do you do?
Software engineering
Oh, go frick yourself.
Sorry?
Assuming I work 40hrs a week I'm going for 50% savings
80% Flight School
17% Car insurance
3% phone bill
I'm not technically a neet but pretty close.
That's way too much on anime
Frick I wish it was 50% only for needs
Living pay check to pay check these days
I'm single earner for family of 4
Half is every expense including mortgage. Now that the house is settling down idk what to do with the other half more ammo?
Always more ammo
I recently had to rebuild my entire budget after relocating to a new country. I've converted everything to USD for convenience.
Household expenses (rent,electric,water,internet) - $770/month - 11% of income
Transport expenses (registration, fuel, maintenance) - $210/month - 3% of income
Grocery - $348 - 5% of income
Health (gym, private health cover, medications) - $278/month - 4% of income
Total non-nonelastics - 23% of income
Yes a gym membership is mandatory for me.
The rest goes to savings/investments. I don't like spending money as a rule and only buy luxuries after a lot of internal debate. Being a US citizen with type 1 diabetes will do that to you. I used to spend nearly 30% of my after tax income on managing my diabetes. Luckily Australia treats me like I deserve to be alive.
Good riddance
Fair dinkum?
FRICK
OFF
WERE
FULL
where do you live in australia that rent is that cheap? places in my bumbfrick area are pushing 500 a week just for rent
You seem to actually have your costs under control. Is there debts you can hit hard to free up more money? Also, your groceries are a bit high unless you got a multi kid family. Can you preprep meals more?
Weird when so much is uninhabited.
It's not like people didn't frick off from their family as soon as they reached adulthood back in the past either anon.
Lmao my wife works long hours in tech remotely and yeah, she often fails to take care of herself.
By 5 years a lot of the depreciation is already out of the way.
>It's not like people didn't frick off from their family as soon as they reached adulthood back in the past either anon.
Right into a dysfunctional family of their own making :/
Take the litte earth pill, accept that npcs do not overcome their environment
To say that you're stuck with the family you have instead of the one you make, is some weird self-defeating bullshit.
The blood of brotherhood is thicker than the water of the womb.
>to say that youre stuck with the family you have
I didnt. Consider not putting words in peoplea mouth.
I mean you keep talking like you have dick in your mouth. Is that from your stepdad that you don't want to leave?
Try again
>Weird when so much is uninhabited.
what does this mean? do you live in mt isa or something? i was asking what area you lived i know the place is sparsely populated im actually from here
I'm from the USA. Every inch of land is owned. It seems like Australia has so much undeveloped land that it would be on the cheaper end. Could you explain further?
????????????????
Cool. Now find me the land I can just lay claim to.
A lot of that land is less than $10 per acre. If you desperately want to not pay that to the state government for their formal approval that the land is yours, you are entirely welcome to "just lay claim" to it. It's unlikely that anyone would stop you from making a reasonable claim, but if the land you claimed eventually becomes very important, the state may threaten to take it from you, just like any powerful entity might challenge a less powerful entity for their property.
But if you just want to go build a cabin in the mountains out in the middle of nowhere, go nuts. Nobody's going to stop you and that land is then yours for all intents and purposes.
I'm still waiting for that huge list of land I can buy for 10 an acre.
Goalposts obliterated
No, that was literally my original point. Nice try, I'm sure you'll get that whole reading thing eventually.
I don't where you're getting 10/acre.
https://www.landflip.com/?gclid=Cj0KCQiAgOefBhDgARIsAMhqXA69CTM5OH9BacJNTaZaHm0kUlgke8S13mWm7MY2dMBM77srXCg-KesaAjaxEALw_wcB
>that was literally my original point
Cool story, dont care. You said
>I'm from the USA. Every inch of land is owned.
B T F O
Yes you are btfo, what's your point?
Cope
the problem is how sparse the population is, yes we have an abundance of land and it is cheap when you go to the middle of no where...but, you are literally in the middle of no where. nothing near you for hours either way and often no services either. if you live in sydney the next closest actual city is brisbane 10 hours drive away. i live 2 hours from sydney and commute in every day and that is seen as pretty normal, whereas most americans seem to shy away from driving 2 hours for a special occasion (for example i was speaking to a guy from phoenix that was saying he doesnt go to vegas often because it such a long trip, and he seemed stunned when i told him i do that drive 10 times a week.
it kind of forces prices higher because everyone has to live near the cities (of which we only really have 7 of) if they want to have any semblance of a career/normal life etc
houses where i live are pushing 750k on the low end whereas 2 hours out of phoenix a similar place is about 250k
You're wasting 18% of your waking hours commuting. Nearly an entire fifth of the time you spend conscious is spent mindlessly driving to work. That guy from phoenix is right to be stunned.
most people in my town work hospitably or commute to sydney, theres nothing else to do. what do you propose i do? give up my 120k a year job that i love doing and work hospo?
Move you fricking moron
to where? western sydney and live with the currys and muslims where its full of crime? or pay 700 a week to live in a box with the chinks in the city?
98% white middle class where i am and i have a 4 bedroom house with a big yard...why trade that for a bit more time on days im already spending 10+ hours working
>why trade that for a bit more time on days im already spending 10+ hours working
Jesus fricking Christ. On weekdays, you spend 4 hours a day commuting and 10+ hours working? So most days you have like 2 hours that aren't completely eaten by your job? And that doesn't make you desperate to reduce that time? I would be absolutely frantic in trying to claw back some of my time if I lived like you. You get one life, you're burning the vast majority of it, and you're defending that waste because it lets you retain a slightly higher salary or a cheaper house?
Realisticly, the anon could just use his commute time more effectively. 4hours a day is enough to learn to speak a language for fricked sake.
>On weekdays, you spend 4 hours a day commuting and 10+ hours working?
yes, often shifts are 16 hours. i have more than 2 hours i wake up at 9 and leave my place at about 1pm finish work around midnight home by 2am straight into bed. so 4 hours usually to do stuff plus 2 days off.
>And that doesn't make you desperate to reduce that time? I would be absolutely frantic in trying to claw back some of my time if I lived like you.
that just means your living your life wrong mate. i unironically love my job, ive worked for years trying different things to get it almost perfect, if i wasnt being paid to do it id probably be spending a few hours a day doing it anyway. youre upset at the idea of spending most of your time becuase you obviously dont like your job and assuming you work full time youre wasting 38 hours a week, which is more than me wasting 20 driving
get a job you enjoy and you wont see it as wasting your oh so precious time
i listen to some podcasts and stuff re skill building and stuff but mostly i listen to music usually 2 or 3 new albums a week. once you get used to it the driving is actually pretty comfy
With land that cheap, can't you simply save up and homestead?
probably. its usually pretty arrid areas. look up land for sale in nyngan NSW. but just like the rest of the west the powers that be dont want you to be self sufficient so its probably illegal somehow
About 2/2-5k for rent, utilities and groceries, the rest I can spend with whatever I want (mostly tools, dinners here and there, motorcycle maintenance and escorts) and save the leftovers to spend on something big in December. I make about 11k/month that is going to be bumped to 15k/month in about 2 years.
I thank God everyday for not being married and not having kids
>2/2-5k
What does this mean?
2000 to 2500 bucks in rent, utilities and groceries.
That would be "2-2.5k"
You know who invented this rule? Elizabeth Warren. Would you trust ANYTHING Elizabeth Warren has to say about ANYTHING?
Youre quite the cookie if you think warren came up with it and not one of her strategists.
What exactly are you guys putting your "savings" into? I make enough money to pay my bills easily and turn any extra money around and invest it right back into the farm in the form of equipment, repairs, tools, supplies, improvements, etc. I do have some money in "savings" and it's actually lost money in the last couple of years. This leads me to not want to put any more money into those types of savings accounts and instead re-invest it all into tangible items that actually have a fixed value instead of the funny money fiat currency that we are using as money that could be worthless tomorrow.
A combination of stocks and bonds.
>it's actually lost money in the last couple of years
There's been a major economic downturn over the last couple of years, so that's expected. It goes back up.
The chart is missing the hooker budget
mine looks like this: basis 1100€
rent:600€=55%
food, household stuff:300€=27%
art supplies:150€=14%
Internet, transport=50€=whatever the rest is.
So either the art needs to generate revenue or I need to work or I can't go out in the evenings
Get a job, christ
it's hard because of university. It'd force me to stop art which is my only hobby.
Hobbies are for people with free time and their financials in order. So is university, for that matter.
hey I'm scraping by and without a hobby, people get depressive. I don't attend Uni for fun, but because I can't create money from thin air later on - so both are necessary.
I think I would ruin it for myself if I started doing this. It's traditional too and I think they are more into digital stuff.
I save money with diy stuff though, I built my own bed and sometimes I help with bicycle repairing and get a little money.
>and without a hobby, people get depressive
Why do euros do this thing where they make an extremely generalized (and oft factually dubious) statement about people, and act like thats a valid reason for not doing something themselves.
You know you have a higher potential for becoming depressed if you dont have a hobby. Thats not an excuse to not get a fricking job, its literally the exact opposite. Since you are aware, you are more capable of taking precautions and better maintaining your mental state than someone who is not aware of the possibility.
Fix your fricking shit
>Why do euros do this thing where they make an extremely generalized (and oft factually dubious) statement
>Why do euros
There was a comma, and a qualifier after that comma you brain dead moron.
can you really not see the humour in making a generalised statement complaining about people who make generalised statements
state
I know it was a joke. But not by your effort, since you cant even be fricking botheres to formulate it correctly.
Here, you dumb phuck
>Why do euros do this thing where they make an extremely generalized (and oft factually dubious) statement about people, and act like thats a valid reason for not doing something themselves.
>why do euros
WOW SO FRICKING HARD
SPEAK.
DELIBERATELY.
I easily understood him. You might be moronic or ESL (the pic was a clue as to what point he was making).
Did you reply to the wrong person?
no
I knew from his effort that it was a joke (pic of black pot and kettle, goigle it if u still don't get it)
>You're not allowed to enjoy your life unless you have money
I hope you get throat cancer
If you can't provide for yourself and family, what value do you have?
>having a family
Lol, lmao
Yes. It's something you'll never have if you fail to become a man.
If you're only able to work for min wage then you're not in a place to go to uni unless you've gotten a full scholarship, have savings (like a 529) or someone is paying your way. There's a reason community colleges and state schools exist.
>It's something you'll never have if you fail to become a man.
Blatantly false. Otherwise the divorce rate wouldnt be so high.
There's little barrier to entry to knock a b***h up and put a ring on her finger. Actually making a lasting, healthy family unit is something entirely different.
So now its a lasting, healthy family?
Goalposts are usually a 2man job to move, dont pull a muscle on me.
Hardly a goalpost shift Mr. Hair splitter, that's what you would want in a family is it not? Not that guy before you reee at me(you will).
>added two extra qualifiers
>pointing this out is splitting hairs
>well jokes on you, you literally didnt say what you meant!
Correct...
You've never been invited to a party in your life, have you?
Depends entirely on the kind of party youre talking about
Unironically yes. The idea that the bond of family is conditional upon the quality of the individuals therein is a society destroying millenial aphorism.
>a shitty toxic family counts, r-right?
>oh, you mentioned having a family for the purposes of life fulfillment?
>well jokes on you, you didn't specify at first that you were talking about a HEALTHY family!
People who participated in elementary school debate clubs should be euthanized. Their brains are too fried by the experience to be able to communicate with normal humans afterwards.
Don't listen to the other idiots. When you're in university, getting a degree is your job. Focus on your studies and getting your degree quickly.
In uni, your earning potential is very limited, so it's not wise to spend your free time working for minimum wage.
Your life does need balance, so hobbies are important. Art is pretty cheap as far as hobbies go.
The main caveat to this is the assumption your degree is in something that will make you employable. A degree in fashion, archaeology, etc is not worth delaying your career by 3 or 4 years, god forbid going in to debt over that.
You shouldnt be going to university if youre not financial capable
>inb4 its a euro university (highschool)
Nevermind then
Have you considered drawing furry porn? Those guys will pay you even if your art is garbage. The demand for customized yiff far outstrips the supply.
20% charity
20% food, power, etc
50% mortgage
10% random crap
Should have my house paid off this year. I'll put more into charity and start saving for retirement
Livin' the dream lads. God has been kind
>20% charity
Which ones
Church
Racists who get doxxed
Local people in need
Family
10% is got church
10% sits in an account with a card so I can give when the opportunity arises. Whatever is left at the end of the year goes to charity
>Racists who get doxxed
What
BASED
I was getting ready to rip into you for donating to globohomosexual "charities"
Bought my car for 1300cad or about 900 freedom dollars, safetied no work needed, feels good man. its an ultra common car so I get parts from the scrapyard
Tfw buy common car
10 years later its almost extinct and finding one at junkyard almost impossible
not that common then
(the company that made my current car has been out of business for years)
What he says is true for a few malaise era shitboxes
and somehow people are still driving shitboxes from the 90s
and manage to keep them on the road
Two things are happening here
1. Those old shitboxes are a threat to everyone and the driver
2. Those old shitboxes sat for a decade before being bought again
A cars manufacture date doesnt tell you how old the car is.
>4000€ after tax
>35% on housing
>65% blow it on shit
i genuinely dont see the point in saving?
switch wants and savings.
>Make 40k a year before taxes
>Lived with parents and saved up as much as I could
>Bought shitty trailer with 15k down (could not buy house because of income to debt ratio from student loans)
>$450 a month plus $150 a month for land rental
>Can now actually live a normal life even if this piece of shit trailer will fall apart within a decade
Don't know what I would've done without my parents though. I've tried to budget since but finishing my associates and not getting any job offers has made me not give a shit recently.
>Don't know what I would've done without my parents though.
Rent a shitty apartment
Could be a decent apartment or an early house without the student loan debt though
Parents really enable their kids to make the worst decisions.
Mid thirties, I moved back in with my parents. I don't have a budget right now and I'm going full neet except for working. My budget is gas, booze, and occasionally sex toys and lubes. Haters gonna hate but I spent over a decade bleeding money to landlords for no reason.
Some months we spend more or less, some months we make extra money, but this is a rough overall view.
Located in rural Pennsylvania, we own over 20 acres. Having Mrs. Wife at home, if only part time, really cuts down on expenses because then she has time to cook and do other stuff, which saves money.
Considering starting my own ISP, I reckon I could beat the shit out of Comcast.
>Considering starting my own ISP, I reckon I could beat the shit out of Comcast.
Get to talking. I guarentee you can get some great techs from comcast, trust me they hate comcast more than you do.
What the frick is "deezel"?
A gym, the idiot doxxed himself
How is that a dox?
Diesel, but I'm a mental 12 year old so I think "deezel nutz".
Deezel nuts!
>5500 monthly
$1000 to the tax man (social security/state/fed)
$1000 into 401(k) and IRA
$350 into insurance
1250 to rent
400 to food
350 to car payment
100 to gas
The remaining 1000 or so depends on the month. Sometimes it gets eaten up on booze and smokes, sometimes it's taking the girlfriend out on nice dates, sometimes it goes into savings, sometimes I play stock market roulette, sometimes I buy furniture, sometimes I pay an extra couple hundred on my car.
80% rent
10% needs
5% wants
5% savings
>80%
Break your lease dood. Move to a ghetto for crying out loud!
There is no way most anons here are actually spending less than 50% of their income on necessities if you are counting after tax income, since taxes actually rape 25-30% of your salary before you touch it. I don't know why people calculate their income or expenses with the pre tax figure it seems like a massive cope for being heavily taxed and getting nothing for it.
Rent in my shit hole town is 1k minimum for the most basic apartments or you can live in someones tiny spare bedroom for $600 a month. For some reason no one makes basic starter apartments for young adults so either you live with family, strangers, or get raped with high housing / rent costs. Also I have no idea how you can save more than like 40% of your income. You can do much better stuff with it than invest it at that point and the stock market / crypto / whatever doesn't have a guaranteed chance of returning that investment many things could happen before you retire to frick you.
Oh yeah for the traditional investing advice of spending 1/3 of your income on housing at max (at least that's what I've heard) you have to make about 60k to afford the basic b***h cheapest apartments. The median per Capita income is like maybe 37k. Literally have to nearly double your salary to afford to rent alone it's fricking insane, not to mention all the inflation destroying you too. Life is a rigged game and it wasn't meant to be won in one generation your great grandparents should have been investing wisely and working hard if they wanted their bloodline to escape poverty but instead they squandered the most wealthy time in human history. Feels very annoying to live with their mistakes.
>I don't know why people calculate their income or expenses with the pre tax figure
...because its the money you have to spend?
Oh no youre acdepting reality, the cope!
Like what the frick?
Pre tax anon, not post tax. The post tax income is what you ACTUALLY make. If you make 100k, you should calculate your budget on what you make before tax because in reality you are actually making like 75k or something like that. People just post their pre tax income online because it makes them sound wealthier. In reality the more you make the harder the taxes hit you. The actual difference between something like 60k and 80k income is smaller after taxes.
Oh, right ignore that. But anyways my post tax income is 2400 a month. I spend 700 on rent. Less than 50%.
Thats in upstate new york mind you. So you might understand if i have some trouble understanding just what the frick everyones problem is that they cant find something that works right for them.
I mean I rent from family so I spend $450 a month in northern Virginia. You can find cheap places but it is literally going to be living In a guys spare room and borrowing everything else in his house (bathroom, kitchen, etc) or just getting price gouged. also most people are making less than $20 hourly and probably never make more than $25 even at the end of their career. We just have fricked up wages compared to boomers and everything is in chaos, it's normal that most people are getting economically crushed. It's probably being deliberately caused by the elites in many ways.
Dude im literally making less than 20$ an hour in one of the most expensive states and i dont even feel remotely economically crushed.
I am simply not seeing what people are b***hing about.
I cannot help but feel its simply b***hing.
Assuming you have 1-1.5k a month of disposable income, it doesn't sound bad and if you just want to be single you will probably be fine. You'll be able to invest a lot of your money and buy most of the stuff you want, however actually obtaining a house / land orba family is going to require a lot more money. This is why most households are forced to be dual income and even then it's difficult to make things work. You can save up for months but one small medical issue can wipe out half a years savings easy.
Anyways yes most people are totally irresponsible with money but low wages and high cost of living still is a massive problem. Just because you might have avoided it doesn't mean it's not annoying as FRICK
>however actually obtaining a house / land orba family is going to require a lot more money.
Yeah... its called saving?
>You can save up for months but one small medical issue can wipe out half a years savings easy.
No... financing in the health sector has existing since before health insurance. If you cant figure out a payment plan you dont deserve to have money.
>but low wages and high cost of living still is a massive problem
You have yet to give me an example.
All i see are people being bad with money.
>doesnt mean its not annoying
OH! Well forgive me! I didnt realize the problem was that its fricking annoying. Oh deary me we beed to stop life from being annoying! People dont deserve to be annoyed by the consequences of their actions!
I mean I'm glad your happy making a shitty income but it's not what I want and it's certainly not realistic to "just save" for a house that is simply outside of your salary. Just earn more money bro there is nothing wrong with making 40k but I'm not going to smugly pretend like I'm happy with it and with inflation eating away at your income you shouldn't be happy with it either.
>with inflation eating away at your income you shouldn't be happy with it either
Nobody is happy about inflation. If you want it to stop, go publicly tar and feather a member of the Federal Reserve Board in the streets.
>its certainly not realistic to "just save" for a house that is sinply outside of your salary
Well good fricking job even beginning to describe what makes a house "outside your salary"
What the actual frick is your problem, YOUR SUPPOSED TI SAVE UP!
with my "shitty income" i could afford a house within thw next 2-3 years, thats fricking amazing! What in the god damn makes you think thats not amazing?
On 40k a year virtually every house is outside your income level and you didn't say how much you're actually saving. To put even 1k in savings a month you're going to have only a few hundred to spend on yourself, I'm not really a consumer but you're perpetually living like a poorgay and that isn't a good thing.
>B-but I can save!!
Yes you're supposed to save for a down payment before buying a house, everyone does that. It is much easier to save when you have a higher income. Do you intend to make 40k forever? How long have you been saving? What kind of house are you going to buy? In my area the only thing you can afford on 40k is plots of land. I don't really care what you do with your money but why are you defending a clearly unoptimal situation? If you can make your small salary work that's great but I don't even know what you're arguing for. Fast food places start at $17 these days. You're clearly agitated and looking to lash out, I would put that energy into improving your life instead of being a wagie in new York.
>On 40k a year virtually every house is outside your income level
What?
No?
Are you fricking stupid?
>and you didn't say how much you're actually saving.
Because its irrelevant, a downpayment isnt a neccessity, the only reason to make one is to lower your monthy.
>youre perpetually living like a poorgay if youre not spending a few hundred a month on frivalities
What. The. Frick.
Im agitated because youre spewing bullshit at me with absolutely nothing to back it up.
>you cant afford much on 40k
>because you just cant okay!
W H Y
H
Y
>buying a house with 0% down on a 40k salary
Where exactly?
A trailer park in a flyover state
NYS
Now what, moron.
Well, I guess you're not wrong, you got me
Oh and, you literally just fricking ignored me saying i can afford up to a 150k house. Why did you ignore that?
>On 40k a year virtually every house is outside your income level
My house is worth over 300k. My wife and I earn less then 40k some years. So I must not exist in your timeline.
My needs are only like 22% of my income
Feelsgoodman
I give my wife a $500/mo monthly allowance and $200/mo for kid stuff like clothes. She spends it all in the first 2 weeks then tries to justify the other half of the month as "toiletries". And I have to do groceries or else she spends $300/week on them. $90k salary with $1600 mortgage. FML
Open up another account in your name only and have some of your Daley directed towards that. She can’t spend what she can’t access. If you ramp it up slowly over time, she might not even notice.
>$1600 mortgage
This guy got a mortgage for his TV
u wot? A $1600/mo mortgage would be typical for a home that's a bit over $300k
It was a joke
Mortgage for $1600
What was the funny part of it? Are you pretending to have misinterpreted it as being $1600 for the entire mortgage, even though the post was specifically talking about monthly costs?
Do you understand what a joke is? Acting like a moron for no reason isn't one.
Calm down
Make me. I hunt down unfunny morons and murder them in their sleep as a hobby.
was that supposed to be funny?
No, it was meant to be a legally binding threat.
more try hard nonsense. if youre killing anything, start with yourself.
Have you tried not marrying an butthole?
I just ran my numbers for the past year. Other spending is just misc stuff like toiletries and clothes and video games.
NEED 21%
Food 610
Fuel 60
Phone 55
Electricity 45
Gas 24
Water 71
Local tax 110
Health insurance 78
House insurance 27
Car one 64
Household items 37
Mortgage interest 1025
WANT 3%
Coffee 300
Car two 49
SAVE 77%
Mortgage repayment 8200
INCOME 10703
I could cut the coffee and stop eating out every meal. But I don't need to save more. I could get an electric water heater and cancel my gas bill. I could get solar and reduce my electricity bill. But I'm too lazy.
>I could get an electric water heater and cancel my gas bill
If you live where it gets cold gas stoves are nice backup heat if you don't also have gas heater.
How are you spending $300 a month on coffee
Two or three a day at $5.
>If you live where it gets cold
I don't.
i hate these threads and being reminded just how poor europe is then having to factor in the tax rates leaving us with basically nothing.
This is another reason why i hate hearing people who live in the US cry about not being able to live luxuriously. They legitimately do not understand how good they have it.
I'm in Canada and during their 'gas crisis' they were just paying what we pay normally and were about to riot
I love being reminded how poor Europe is. Makes me feel like all of my problems aren't as bad as they seem.
Black folk and hispanics figured out to how to live in the USA, why can't you?
Yeah but your college and medical costs are far lower. A large portion of debt in America is medical and student loans.
>leaving us with basically nothing.
Except working public transport, access to health care, a good education and cops that won't strangle you to death because they were having a bad day.
don't forget all the knife-wielding acid-throwing somalis you can handle :^)
I don't know why you guys harp on this shit so much. Those are all just differences with different tradeoffs, not absolute benefits. Americans have worse public transport because nearly everyone owns a personal vehicle and public transport is mostly redundant at that point, so you're trading some cost and land consumption for personal freedom and convenience. Yeah we have bad public healthcare, but we have great private healthcare that's covered by employers for working-age people and covered by the state for retired folks, so you're trading being free to unemployed people for actually-functioning healthcare that doesn't take a month to get an appointment. I haven't seen any evidence that european education is much different than american education, though I'm sure you could cherry pick the worst elementary schools in the poorest areas and use that to make a weak argument. And yeah our cops are overly aggressive in a lot of places, but we make that tradeoff instead of having immigrants constantly raping women in the streets.
It all just depends on your value system.
99% bullshit
1% goldfish crackers
rent: 800$
beer: 800$
crack: 800$
furry commissions: 800$
>have the cash to pay
>take out a loan anyway
Nodebt gays on suicide watch
>get injured and now your situation changed
>back takes pepes' farm
Many, many such cases.
*bank
>have the cash to pay
Nowhere did i say this cash would be spent on other things.
Then why keep the cash uninvested? You're literally losing money, AND taking risk when there was literally no need to do. What do you get out of it? And don't even say some good goy points bullshit.
At least graduate HS before talking to me. Any debt is risk. Regardless of your assets, it's why they call it in accounting a liability.
This. I'm sure if I didn't budget most of my wealth would be frittered away and I wouldn't even know where it was going.
Who says I'm not investing?
You just said you're nit investing the cash you could have paid to aquire the item or service you used debt to aquire.
Call me when you stop being small potatoes.
They still call it a liability, regardless if you have assets in the same amount.
Poor people often give birth to other poor people.
>Poor people often give birth to other poor people.
*always give birth to other poor people
Never once have I seen a rich baby born to poor parents, the baby is always poor as shit.
Ok yeah I guess the baby is never rich. It doesn't mean the baby can't grow into a functioning adult who changes the financial outlook of his/her future and kids.
I have liquidity saved up for emergencies and to pay my balance, I don't let my entire net worth sit in the bank.
An emergency fund of x amount of months of expenses I can understand. But keeping the money for, say a tv, around but still using debt makes little sense to me.
I getcha and perhaps my wording was misleading, I don't buy big stuff unless I know I can pay it off.
>makes little sense to me
I imagine very little in general makes sense to someone incapable of understanding the benefits of barrowing money with no risk.
Well you go and keep "barrowing", then.
>"barrowing"
EXACTLY! You absolute moron. Its not barrowing so much as it is routing your expense through a bank. Benefits include getting a banks pussy wet to the point itll bend over for you when you decide to """buy""" a """million dollar home""" and """die suddenly in a plane crash"""
>I'm just gonna fake my death
Yep, this is the end-game of the credit cuck.
>stealing millions from israelites
>cuck
Okay steinbergman
>he thinks he's stolen anything except his own prospects
>literally, objecticely, measurably steal millions
>durr your a slave!
Nodebt homosexuals are so braindead its comical.
>literally, objecticely, measurably just giving them a tax break
>thinks he's found that one weird trick
>can never find love, have a family, retire
>will be imprisoned if ever caught
I see you haven't thought this through. But I guess this is so much easier than,
*checks notes*
Proper budgeting and managing your money.
>giving them a tax break is hurting yourself
Put your mask back on, youre more fun when youre not being honest.
>committing multiple felonies just because he wants to feel Black person-rich for a few years isn't going to hurt him.
Do you have frontal lobe damage, or what?
>he isnt already on his third identity
Bitchmade shit
What's funny about that image is that is often one of the most costly mistakes.
What, killing your step-dad?
That would be a less costly mistake.
Wasn't aware of the story. I was talking about women in general.
>youre literally losing money
BIG BIG israeliteery itt
You dont need to worry about the money you lose to inflation unless you have over 100k in cash... you dont.
>its why they call it in accounting a liability
They dont call it a liability if you have the cash to pay it off set aside...
lol what budget I just make money and spend it man
being poor must be suffering all the time
There is nothing more hilarious than someone who gets paid a lot, thinking theyre rich. Youre a house slave.
i own 2 properties outright, no mortgage
one has a house, the other is 134 acres of forest with a small lake
i'm not a house slave at all, i just worked hard and my family is rich so we already have lots of stuff too
just stop making excuses and stop being poor, it's not that hard.
>and my family is rich
50% beer
50% tools I don't really need
>there are renters and "people" with car payments posting ITT
my wife and I are in tech,
around $400k per year or $33k/mo.
30% goes to taxes, so net is $23k/mo.
30% of gross goes to retirement/stocks/options/etc, some offered through our companies and some that we get ourselves.
>>Our biggest expenses are mortgage, $5k/mo or 15% of gross income.
>>Then daycare, $2.4k/mo or 7%.
>>Then misc stuff (home improvement, stuff for kids, clothes, etc.) for $1k/mo or 3%.
are about 12k/year, so that's another 3%.
>>Car payment is $500/mo or 2%.
insurance is around $500/mo or 2%.
are around 500/mo or 2%.
The rest gets stored as cash to rebuild our rainy day fund, once we have enough there we will probably invest more in stocks. We're in the process of buying a $50k car and will probably do most/all of it in cash if the interest rate we're offered is too high.
Frick that's a high cost of living. It's good that your income is keeping up.
>my wife and I are in tech
imagine the smell in that house
Managed to spend everything I earned last year
I make $650 a week Australian
Kill me.
After taxes? Is autralia actually so bad that 650 a week isnt enough?
yes we are fricked mate. groceries alone atm are 100 for a single person if you dont want to lbive off ramen. then $2 a litre (about $8 a gallon) for petrol, bills are high, morgate rates and rent are sky rocketing, used cars are obscenely priced etc. if i was living on my own id be uncomfortable on less than 1300 a week after tax