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/biz/ - Business & Finance


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19228952 No.19228952 [Reply] [Original]

Just graduated University and now working for 50k/yr whilst living with parents. How do I not fuck this up?

>> No.19228964

>>19228952
30% of the Lightning whitepaper is dealing with refunds.

30 fucking percent.

>> No.19228990

>>19228952
Anon, you are in a position 85% of the people on this board can only dream of.

I'm dead serious.

All you have to do (to not fuck this up) is literally save as much as you can. That's literally it. Just save.

>> No.19229005

>>19228952
Don't buy liabilities

>> No.19229025

>>19228952
Learn investing and save half of what you make.

>> No.19229061

>>19228990
This. Depending on your career path will be how you should really act in your job. Otherwise save cash, get decent looking clothes, keep your friends, utilize whatever company benefits you can, don't take on unnecessary debt (car). You should be fine, congrats on getting a job in this atmosphere anon

>> No.19229063

Just don’t say “nigger” while unmuted in a conference call and you’ll be fine

>> No.19229071

>>19228952
buy stocks because printer go brrr. for example do what george soros did in march, buy ATVI

>> No.19229101

>>19228952
don't talk shit to your parents and don't manage their money for them if you don't know shit about money

>> No.19229107

call in sick to fuck mom only sometimes

>> No.19229119
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19229119

>>19228952
1. Save
2. Max Roth IRA
3. Leftovers into ETH

>> No.19229160

>>19228990
This. Please OP don't buy shitcoins I don't want to read your suicide letter on here in a year. Just buy SPY or at the worst put the cash in a high yield savings account but please don't squander it

>> No.19229163

>>19228952
Get a second job and sock away as much money as possible. First goal should be $100k in quality stock and a small (1 br) rental property. If you can get that locked down before you hit 30, you’re set.

>> No.19229449

1. Don't spend more on your credit cards than you can pay off every month
2. Contribute to your 401(k) up to your full employer match, then save additional money in an IRA (combined up to 10% of pre tax income)
3. Save lots of money every month, pay down high APR loans early
4. Budget for fun stuff, eating out, vacations, etc. instead of just spending indiscriminately out of your main checking account
5. Your biggest salary increases will come by taking a better job at a new company. Work hard, be chill and friendly at the office but your company has no loyalty to you and you shouldn't to them either so don't feel bad when the time to jump ship comes
6. Pace yourself, don't be the dumbass who works through lunch at his desk, don't put in extra time if you're not getting paid for it

>> No.19229474

I was able make it 2 years before my parents started making me pay “rent”. Basically don’t be a bum and they probably won’t mind.
Make sure your hobbies don’t totally take over the house/ interfere with other people’s shit.
Also max out Roth IRA and don’t go into crypto/investing unless you want a fun way to lose money.

>> No.19230018

>>19229474
I think there was a time when parents would've let thier kids keep that extra money, because they knew it would help them in the long run. Kinda like, if they cared about thier kids future more than thier own. I think maybe there was a time like this. Maybe it was a long time ago. I don't know. I'm probably just imagining things, nevermind.

>> No.19230034

>>19228952
Put it all in on BIZ

>> No.19230060
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19230060

>>19229063
Kek this

>> No.19230345

>>19228952
Put $2000 into RSR and start praying to god. I doubt you have any other chance to escape eternal wageslavery