/biz/ - Business & Finance

>>11700313
You're better off than 90% I'd say

Me:
>No savings
>30k student debt
>2 years into 4 year bachelor's degree in field that I'm not particularly interested in nor good at
>Renting a shitshack for $450 a month
>3500 linkies
LINK is my only hope desu

Anybody who gives this kind of OP accurate information is retarded and enjoys being called by pajeet at 2:00 in the morning asking about boat polishing creme

>>11700313
>no savings
>no income
>60k debt
>would gladly accept death

yeah youre ok

>no savings
>45k salary
>5k debt
>rent

>>11700313
>Seasonal job just ended but able to make +70k CAD in a full season.
>Just applied for EI and might be a neet for a while if I don't find interim work
>10k in chequing account
>40k in brokerage account
>No debt but I'm about to fix my car and it will cost thousands when I'd rather be saving for a down payment in property

>>11701486
5/10. Better than most, but you need to start making progress.

>33
>Married, one kid (4 months), 160k household income. Saving 30% after taxes per month.
>No debt.
>Renting.
>12k in retirement accounts (sold to pay off debt this year).
>10k in Savings.
>10k in Crypto.
>3k in Brokerage.
>3k in Kids 529.

>>11700313
I just want to smell ass.

>$50,000 in savings
>$63,000 salary (I'm 24)
>$40,000 student loan debt. I'm not worried about it and should be debt-free in a couple of years

>>11701640
Are you maxing your retirement account contributions?

>>11701654
My wife and Is Roth IRAs yes, putting 6% into a 401k to get the max match but cant put 18.5k into it this year.

>>11700313
>>11701611
>>11701654
I need the sauce on these right fucking now, especially the red head

>>11701672
Lauren Phillips

>>11701678
God's work, anon. Keep at your magic animu coins, nerds

>>11701669
That's good. One thing I wish I was doing consistently was maxing out a retirement account. We'll see when I'm 30 I suppose.

>>11701672
Claudia Schrieffer and I don't know the asian.

>>11700313

>6k savings, 1k in 401k, 5k riding on shitcoins
>41k annual slave wage
>60k debt
>first year working in finance, taking CFA

I'm gonna make it or kms. I haven't put a time limit on it yet, I feel like a suicide should be in the moment.

>>11701654
It's not even really worth maxing out your retirement account if you're under 30. I genuinely believe that we'll have some sort of socialist revolution before retirement age.

100% in ARK !! am i doomed??

>4k savings
>15k annual income
>0 debt
>2k in crypto
>4k in 401k

HOW FUCKED AM I?

>21
>40k income (bartender)
>71k savings
>87k crypto
>0 debt
>30k Audi
I’m really fucking lost at this point, I have no skills or drive to acquire such skills. All I do is work my mediocre job so I don’t chew through my savings. I was lucky I got into crypto early 2017, but didn’t cash out nearly enough as I should have. What would you guys do in my position?

>>11700313
I'm poor but I'm white and 6'1, with an 8 inch dick so life is p good

>21
>140k income (long story)
>0 savings
>45k debt

How fucked am I? I think that if I stop my copious amounts of consumption I could probably pay off my debt within a year.

>21
>40k income as part time bar manager
> 0 debt
>71k savings
>90k crypto
>30k Audi
I’m really fucking lost at this point, I have no idea what sort of skills or career to peruse. All I do is work to maintain my saving and not move backwards. I was lucky to get into crypto early 2017, but didn’t cash out nearly enough. Now I’m just sitting around waiting for the next bull run. What would you older bros with more life experience do in my position?

>>11701832
Fuck didn’t mean to double post, it said my captcha failed the first time so I rewrote it

>>11701732
What a chump

>23 virgin
>0$ income
>110$ in savings
>mommy bought me apartment while Im studying for autopsist in my shithole country
how fucked i am?

$50k/yr real estate broker
$14k savings
$45k mutual funds
$1.2 M real estate rentals

>>11700313
7/10
No stocks, retirement, or other assets?

>>11700362
3/10

>>11701486
6/10

>>11701640
7.5/10

>>11701646
6.5/10

>>11701832
lying/10


Mine:

>26, married, 1 child
>5k ira, 10k brokerage, 30k crypto, 50k savings (2% yield)
>rent, no debt, wife has no debt
>wife makes 16k/y, I make 80k/y

Probably buying a house early next year. I could easily increase my income but I'm a lazy ass who enjoys working 20 hours a week

>>11701729
Maybe, maybe not. If you can afford to max it there's no reason not to.

>>11701927
10/10 for where you are in life. Hope you are able to save a decent bit, dont drop all your money into a house... but try to get 20% so you can avoid PMI.

>>11700313
>be 21 with good financial standing
>0 debt, college is all paid for
>8.5k in play money from bonds
>invest it all in crypto
>start off amazing
>currently sitting at 2.4k

I don't plan on selling for at least another 10 years or so. Because of this and my good financial standing, I don't think 6k matters at all. Maybe I'm just naive.

>>11701927
I’m not lying. I bought ethereum in February of 2017..

>>11700313
>24
>30k a year
>10k in savings
>1k in crypto
>1k in stocks
>no debt

>>11700313
>No savings
>£5,000 debt which I cant really pay, but killing myself doing it.
>Live with parents age 26
>Have £23,000 a year job but I'm very ill so I've been off work for 2 year on my work sickness insurance. (Only get £500 a month to live off because my insurance scammed me.)
>Considering going to uni when I get better to become a male nurse as my work office is shutting down in six months times.

================

>30k in savings
>make 60k a year before taxes

That's pretty good, you made it into the top tier bracket, dont fall into any addictions like gambling or drugs & you'll have a good life mate!

>>11701917
You plan to cut into mummy when her time comes?

>>11701927
What job anon?

>>11700313
>0.7 btc in savings
>Make 29K aud a year before taxes as apprentice electrician
>on 15aud / hr
>No debt, still live with parents
>20 y/o

>24
>73k/year
>9k debt
>44k savings
>rent

>>11702107
Mate why not just pay off the debt if you have 44k of savings? Is it in a pension plan?

> 28
> 2k savings + 25k coming from bankruptcy judgement
> no stable income avg 1k/m
> no debt
> 300/m rent
> 8k crypto

planing to go all in on crypto, if that fail I've already chosen the bridge

>>11702147
no it's a subsides loan from college that is still under the grace period. I have to pay it off soon though.

>>11702156
subsidized*

>>11702107
9/10 desu

>24
>129k yr
>No debt
>135k assets
>33% crypto, 401k, usd

feelsgudman how am i doing

>>11702170
> making over 100k/y

why are you even here

>>11702156
Well you are doing good mate, just dont live above your means & you should be okay.

>>11702150
Mate dont go all in on crypto, your rent is really cheap so your cost of livings isnt that bad.. What country are you from? 28 is still young so dont panic, maybe try studying part time like myself & learn a simple trade like plumbing or become a electrician, those types of jobs will be around for a long time to come.

>>11700313
>15k in crypto
>10k in savings
>14k left of debt, all student loans
>own car
>make 35k/yr
>living with parents to save for house post-crash

>>11702208

For the linkies obviously.

>15k savings
>no income other than neet bux
>10k debt
>renting pretty nice apartment from grandparents for cheap ($600)
>no real ambitions or interests
>contemplate suicide daily out of pure boredom
I don't belong on /biz/ I honestly care very little about being successful or having a lot of money. All I want to be able to do is buy my parents and siblings nice things and/or help them out if needed.

>>11702211
I'm way to dumb to study
I can do pretty much anything in in house refurbishing beside complex electricity but I just fuck hate to do manual labour

after going bankrupt I just don't feel like living anyway just gathering alls my remaining chips and putting it all on red

I'm from Belgium btw

>>11702252
>contemplate suicide daily out of pure boredom
that's why you do interesting work instead of some corporate drone job. Do you like the outdoors at all? I think something in forestry or being a fire lookout would be dope if my current plans don't pan out.

>>11702276
>belgium
remove kebab before u an hero?

>>11702276
when you jump that bridge can you take the entire EU parliament with you? You'd be a hero of the people in history forever

>>11702302
that would be sweet but nogunz and family would probably suffer from it

converting to usd

>zero savings
>60k salary + 2/3k a year from licensing videos
>7k debt
>1.6k p/m rent

got a project bonus of 1.5k this month which covered rent, so that's nice.

am 25 year old brit living in sydney at the moment.

>>11702319
oh, sorry, totally forgot i have like 10k in crypto

>>11702318
Wishing you the best anon

>>11702276
Everyone thinks its hard but it's real simple. I read a plumbing book & fixed my house plumbing, it's real simple & not physically that hard as you use power tools.

bankruptcy sucks but now you have the weight of the debt off your back things will start to feel better over time, use that money wisely buddy, it's still a lot of money & could fund a new career for you. Do you have any school qualifications?

>>11700313
The year's not even over yet and I've already made close to $130k wagecucking. If crypto makes me a millionaire, I'll retire early. If not, I'll just keep going to work and retire in my late 50s.

>>11700313
$0 savings
$70K pre taxes
Mortgage boomer cuck
23K in the stinky link waiting for singularity


/comfy/

>>11702345
dude i'm already working in construction
I can do plumbing, heating, tiling, roofing, carpenter jobs and some electrics all this shit and even some mechanical maintenance on heavy equipment

but after 10 years and a bankruptcy I cannot take this shit anymore

>>11702397
I just want to be free and never work an other day in my life

>>11700313
alright here goes

>just turned 28 today
>have about 25k in savings
>22k in various shitcoins
>5k in (((stocks)))
>~10k in 401k equivalent (im not from the US)
>make roughly 75k a year before taxes

>no house, currently a rentcuck
>still paying off student loans
>only managed to get a full time job in the last 11 months

my position would be much better if i were 5 years younger :(

>>11702436
Honestly I think the days of the average 23 year old out of college living well is over, that was for the 23 olds that lived in the 80s. So you're doing pretty good 8/10

>>11700313
>26
>80k in stock
>make 30k a year
>hate job, alcoholic

Atleast I know that someday this all will end, one way or another.

Work hard, invest and try to enjoy the ride. Cheers!

>>11702397
random question anon, can you speak more than one language? being from Belgium you can probably speak like three, correct?

>>11700313
Contributing:
25 y/o
67k annual income
38k investments
16k crypto
10k truck
1.6k firearms
All in CAD

>>11702397
>>11702406

Well with skills like that mate you are a very skilled individual who is very sort & who could get a visa for any country like Australia, nice warm weather all year round, you have a million options.

There are billionaires who are unhappy, money can make it easier to be happy but money is not the end goal, here is a simple guide, enjoy the little things

Add me on steam & we'll chat; https://steamcommunity.com/id/SoberWilliam/home

>26 with an engineering degree and startup making no money
>300k in interface
>No debt
>Living with parents
I'm never gonna make it

>>11702514
What the start up anon?

>>11702536
Machine learning meme.
I couldn't get work so tried this to fill the gap

>>11702495
>random question anon, can you speak more than one language? being from Belgium you can probably speak like three, correct?

yeah no that's a myth
80% of people only speak French or flemish the country is a lot more culturally divided than people think

I only speak French English and understand Spanish

>>11702507
yeah no sorry dude i'm keeping this here where I can remain anonymous
my skills aren't the problem I'm just mentally fucked

>>11701729
if you are being matched it is.
>make 100k a year
>company matches 5%
>put 5k into 401k which company matches so its 10k
>its invested in stocks with an average growth of 7% per year
>end up with 10.7k after a year which you can take a 25% loan with low interest rate (that goes back into your account) so could take a loan on your own money for 2.7k if needed
or
>take original 5k gross income
>get taxed 25%
>left with 3.75k

so if i you are looking at NEEDING money, its a 2.7k (low interest you pay yourself) vs 3.75k. from an investment point you would have 10.7k locked until retirement vs 3.75k free to invest in anything

its hard to say. i think most of us here are hoping to not wait until we are 68 to "hit it big". the question is can you make an investment that immediatly tripples in value and then holds a steady increase for 30 years which most 401k's do.

>>11702540
Nice, well find a nice programming job & wait for the machines to take over! haha

>>11702562
I'm hoping someone can hire me in the states.
I want to move somewhere warm.

> 27
> generic techbro, New England
> 110k salary, 8-10k bonus expected
> 60k in retirement savings (401ks, Roth IRA)
> 100k in post-tax brokerage
> 20k in cash
> 10k in material possessions
> no debts

Live like a monk though, so save somewhere between 65-70% of my salary.

>>11700313
>24
>no education
>15$ / hour entry level cooking apprenticeship
>5k in crypto
>paid off half my house with inheritance

I keep thinking I’ll make it with side projects or crypto but looks like I should’ve just kept my head down and got a degree. What do I do to make it?

>>11702541
No worries buddy, I can understand that. Maybe take 2,000 to 4,000 of that money & go to Spain for relaxing holiday to unwind, it wont hurt & mite just be whats needed to regenerate you, good luck mate!

>>11702574
Are you white? If so then Australia mite be a good place to move to as you'd be a high value skilled individual. Maybe move to one of there small cities & try to get a nice government IT job, 9-5 & with your kind of skill level you will find it easy childs work! haha (And you could still work on "get rich easy company" in your spare time! haha

>>11702575
I see you are a man of culture. Monk life is good life.
Feels good saving 2/3 of income.

>>11702621
I kind of want America to be close to my parents as they age. California is just a couple of hours away instead of 20

>>11702598
thx dude best of luck to you
if I ever make it I'll make sure to check out Australia one day

>>11702643
>California

Cost of living in California will ruin you, many people even working in google are only just making it, do a lot of research before moving out there, Texas is better place to live if you want to raise a family in my opinion. (Low cost of living.)

====================
>>11702645
Thanks bud. ;D

>>11702683
Kinda true. I live and work in Silicon Valley. My salary excluding stock is around 160K/year. If you work at a big tech company like Google you are fine due to stock options, however otherwise you are still hard-pressed to be able to afford a house which (in my area) start at 1.1M for a 700 sqft 2bed 1 bath. Other costs of living are easily affordable. Housing market is starting to cool due to Chinese tariffs, rising interest rates, etc, so hopefully in a couple years houses will be more affordable.

> 28
> 20k in student loans
> 15k in crypto
> Make about 55k a year
> Monthly bills total to about 700 dollars. Only rent food and phone basically.
> Beautiful virgin girlfriend
> 100 bucks in silver

>>11701832
>>11701867

>makes some good money off crypto
>buys a fucking audi

a fool and his money are easily parted.

>>11700313
on a scale of 1-10 how ravaged is her pooper?

>>11700313
Lauren Phillips, 5'10"

>>11703347
if shes 5'10", how short was that girl she did that really shitty lesbian scene with then?

>>11703359
>https://www.freeones.com/html/a_links/bio_Alice_Merchesi.php
4'6"

>>11702887
>20k in student loans
why the absolute fuck do people let this happen? I literally got paid to go to college. paying for college is the ultimate meme.

>29
>Live at home
>Was on AU$50k
>Went to part time data analyst due to more career opportunities in the future
>30k in ETFs
>45k in cash/savings
>Was neet until 24
Most people around my age are in their own place however most were working since 19

>22
>live at home with parents
>college graduate, stem degree
>no debt
>NEET
>Grandparents incredibly wealthy, left a lot, but a large chunk of that went to putting me through college debt free
>have about 250k, most are in index funds or CDs
>50k liquid
>not actively looking for work, waiting for my passport application to get approved so I can fuck around in Asia

>>11703749
b-but anon, you arent fucked at all

$190k in crypto. I'm all in.

My 401k has like $28k in it but I stopped contributing so I could buy more link.

$20-30k in personal loans that I had used to buy crypto

$7k I owe in taxes for 2017 "gains". I guess I'm lucky I'm not that guy who owes $400k.

$12k in credit card debt because I couldn't buy link as fast as I wanted, so I lived off credit while using my income to buy link.

$30k loan I owe to my own 401k, that I used to buy JNT at $0.62.

I think uncle Sam is suing me for $40k since I am not sure TurboTax or Morgan Stanley calculated my basis correctly for the stock my company paid me in 2016.

Have a job that pays $220-$260k/yr but about $100k of that is in FANG company stock. If we have a stock market crash, I should see a pretty big pay cut.

Fuck man.

I could have been a 450k link marine but instead I became a 450k JNT marine. I am a fucking idiot. At least I got some link. Thanks to debt and ignoring the IRS, I was still able to get enough link to make it even though I'm a brainlet.

>>11701857
Looks to me like you're in a pretty good position. I was in the army at 21 - earning fuck all and blowing it on piss and women. If you're a bar manager, you can obviously relate to people. Get the easiest degree you can and get into pharma sales or the like! Don't beat yourself up and enjoy your youth. It is the most precious thing.

Alternatively, bring on the next bullrun and whenever 80% of your portfolio equals a house you'd be happy in, and taxes. Sell the 80% and keep banging molls from the bar. Good luck ANon

>>11703921
Brass Balls!
Let us pray for Sergey.

>>11701416
>>11701486
>>11701714
>>11701832
>>11701782
>>11701848
>>11701857
>>11701917
>>11702150
>>11702436
>>11702397
>>11702587
>>11703506
>>11703749
Put your faith in Christ anons

>>11701646
Why not liquidate your savings and pay off your student debt? Unless your intrest on your savings is higher than your loans, but still it would be best to get rid of it quick

>>11704386
Put your faith in yourself and rational knowledge. Acquire knowledge, money and health and you shall succeed in life.
Freedom for all!

The only thing I've got going for me is my modest 30k link stack and my programmer degree which I'm nearly done with.

>>11701714
Are you taking cfa level 1 in december?

>34 y/o
>40k in debt
>15k in stocks
>20k income (after taxes) - 1800 per month
>save up 750 dollars every month

I'm fucked

>>11705738
No, you're not fucked. With patience you are going to make it, we all gonna make it.
Keep at it brother!

>31 yo neet
>dad has cancer
> all in on link

Im fucked

Age - 39
Debt free
Make 65k a year
14k in savings
34k in mutual funds
175k in retirement
Pay $300 a month for rent.

>33
>$80k/yr
>$270k indexes
>no kids, no pets, no gf

>>11700313
>>make 60k a year before taxes
Fucking kek

>>11700313
Be third wolder
>No savings
But
>No debt as education and health care are free
So I'm fine

>>11700313
Hot body but her face looks like a scrotum.

>>11700313
30k in savings and posting cuck porn fetish stars...
You're gonna make it anon

>>11706036
Sounds lonely and depressing desu