/biz/ - Business & Finance

>>49647828
£117k puts you in the top 3% of earners in England

>>49647880
you guys are so cucked wtf

>>49647880
You cannot be serious
You need like $200k to be top 5% in New England
Why don't the lords let you have any money?

>>49647828
Become a tiktoker os something. Or start your own marketing company.

>>49647942
117k pounds is like 150k

like 6% of americans earn more than 100k

>>49647995
yes but anyone intelligent and rational on this board should be in that 6%

>>49647828
>i have nothing to show for it
What do you mean? No assets or a house? It's not how much you make at that level, but how to manage it. I know people that make 200k a year and are 1 paycheck away from disaster. If you are not working on paying off a house or stuffing 15% into retirement accounts, it's not too late to start now.

>>49648177
i dont have debt but only 100k in assets, idk i just feel like i cant really afford anything and if i dont start making more i'm fucked...but the only money to be made is in tech now

>>49648296
>but the only money to be made is in tech now
but tech is crashing...and it has a long way to go.

>>49648296
Idk ask your parents to find another career for you

>>49647828
>I’m 34 and make $117k boo hoo
Shut the fuck up faggot

>>49647942
Exclude Boston and wherever rich people in CT live and it probably goes to $90k

>>49647828
I’m 10 years in corporate finance and make only $95k in the Midwest. Recently got passed over for a promotion for a woman younger than me less qualified than me and with less experience. Fuck this clown world.

>>49647942
It's called New England because they decided to remake England, but better.

>>49647995
That was before the beginning of this year.

>>49648706
You know what you have to do. Rape & kill her. In any order.

Work doesn't work. I'm a master's level statistician in medical research, and I've stopped trying. My income will never be at a point that allows me financial freedom and my retirement savings won't be enough to see me through from 65 to death. I've resigned myself to either making as much as I make until I die, or escaping wagery by playing the market.

>>49648706
Damn man. I graduated in 2018, have made some mistakes trying to find out what I want to do and make $95k as an entry data analyst in oklahoma

>>49647828
are you a chad? normie? or sub 5. thats the real question

>>49647828
how the fuck did you do you have nothing to show for it?
did you spend all your money on avocado toast from postmates?

>>49647828
You could always off yourself

>>49648998
i make more than him but spend all of my money on guitars and guns

>>49647894
It's bad. Software Dev on £50k which, thanks to our currency is now worth $60k USD. Fuck.

>>49648615
OP reads like a really shitty demolarization thread

>>49649051
sounds like at least you have had some fun experiences or enjoy what you have brought

>>49647942
that's why i left. median house price is now over half a mil.
>>49648663
lol no.

>>49649100

Don't beat yourself up over it. I make £100,000. You don't get to keep any of it. I just turned down a salary increase to get other benefits as total taxation between £100k and £110 is at a marginal rate of 80% due to tapered removal of personal allowances.

I'm 35 and I'm about to quit my job because my failing body can't handle it, and I make less than 40k a year.

So quit your moaning.

Have you guys tried not buying funko pops?
I retired at 35 making about 50k a year.

>>49650435
>t. no wife/kids/interesting hobbies just lives off ramen in a grey box in the woods

>live on 40k
>invest 80k for 15 years
>retire
>dont have to wagie

im late 20s and between 5 and 10 years out from retirement. might end up being 15 if biden craters the economy but fuck working until 65, retire in your 40s at the latest.

>>49648706
Im 34, and make £22k per year. Im the only one in my circle that has a job. They all ask me to buy them drinks ffs.

>>49647880
>>49647894
Yeah but in Europe you don't have to spend 100k of that for an aspirin, a neighborhood where you won't get shot, and a silo of guns.

you should feel considerably blessed to be maling that much as a "marketing creative" lol

>>49647828
Stop complaining rich fag.

>>49647880
Thos u fucking faggot dont make threads like this when we have poor neets and wagies close to the edge

>>49647995
>like 6% of americans earn more than 100k
Damn I didn't realize I was that special

Parents moved us when I was in 9th grade which ripped me away from my friend base. Spent my high school waiting for my real life to start in college. Spent college waiting for my real life to start after I graduated. Graduated, moved to the city and built my career for 8 years, grinding day in day out, waiting for my real life to start once I made it to the top. Made it near the top of the technical track at my company putting away $400k/year but the stress fucking sucked since everything relied on me. Starting putting everything I had into crypto so I could retire during the next bull run and my real life could start. As soon as I made a few mil from crypto last year I quit. But all I did was lounge around all day in my house playing video games. Played all the video games. Now I just 4chan and watch youtube/TV. I try to read books but I fall asleep. Have no motivation to do any of my hobbies they all seem pointless. I would travel but I can't get myself to spend the money on plane tickets when stocks are crashing and I need to conserve. Wish I made another 2x because I'm rich enough where working is not worth it, but I'm not fuck-you rich where I can blow money on traveling. Everyone I know works and never has time to do anything on week days. And weekends are fucking crowded and suck so I just never do anything. So now I'm wondering when the fuck my real life starts. I think I'm just going to try to go all into BTC on a dip and then hit 8+ figures so I'll be fuck-you rich and then maybe travel the world and my real life can start. If it goes to zero and I run out of money I'll just kill myself.

>>49647828
You can still save your life. Buy commodities stocks before they take off in a couple of months:

>oil service companies, offshore oil
>uranium miners
>drybulk shipping
>rare earths
>nickel/copper miners
>gold/silver miners

>>49647828
>move in with parents if possible
>invest $100,000 of salary every year
>become rich before 40
>quit and never have to work again

simple.

>>49651317
In England our petrol prices in 2012 are your petrol prices now.

We have our own issues with murder. Every hour in the UK someone is stabbed, and that's just what is reported. Pound for pound i would take my chances in America. The poverty is just too soul crushing here. Even my normie colleagues say its very alarming. England is also ground zero for globohomo.

>>49651722
>wagies close to the edge
Me. I have anoher year, at most

>>49649100
I work full time, that bed is better than mine. Keep things in perspective, they've made it

>>49650386
80% taxation of 110k?

So... you actually take home £22k after tax? Is this accurate?

>>49654508
Do you understand what the word marginal means?

>>49654633
No, i dont.

>>49651984
>stocks
Lmao. Dont listen to this retard. If you cant hold it you dont own it. Take the physical pill. They can never take away or devalue my wealth.

>>49654663
it means the 80% only applies to the highest income bracket. so in other words you get to keep 2k of the 10k between 100 and 110k

>>49654633
Now i do

>For the tax year 2017/18, marginal income tax bands are divided in three categories – basic rate of 20%, higher rate of 40%, and an additional rate tax bracket of 45% (personal allowance starts to reduce once an individual’s earnings reach £100,000). As per the tax rules, every two pounds a taxpayer earns in excess of £100,000, his/her tax-free personal allowance (PA) is decreased by one pound. This implies that if an individual’s income is between £100,000 and £120,000, then he/she is essentially taxed at a marginal rate of 60%

>>49654717
>so in other words you get to keep 2k of the 10k between 100 and 110k

I will probably never earn over 30k so i wasnt as aware of this information as i could be, but this is a complete scam. A complete disgrace. Why the fuck is the government taking so much. And it does nothing efficient with it, except pay themselves raises and consultants in money pit projects like HS2 and the NHS.

If i had the means i would leave this shithole nation tomorrow

>>49647828
It’s over for you loser. I was making that much when I was 26 years old. You have no excuse

>>49651317

No-one in the USA pays their medical bills anyway

117k per yr pretty good. Isn't it? I'm like at 75k

>>49647828
I really hope this is a larp or this retardation might explain why chinkbugs and kikerats have complete control over your burgerland

t. less than 20k wagie

>>49654960
>117k per yr pretty good. Isn't it?
for 10 yrs into a career? glass ceiling? no

>>49655029
10yrs in and nothing else to show for it? If you're married to the job and it's something you're deeply invested in but just can't get anywhere with it, then yes that sucks, but if it's literally just a job to you that puts food on the table and keeps you in doors, then 117k a year can be used for other things, like actual investments. As said above, that's quite far to the right on the income bell curve so any anon in that position should count their blessings.

You need to be making like $600k a year in arkansas when youre 34 years old to hope to make it. $5 mil a year in east and west coast

>>49648734
based

>>49655316
>tfw only making $500k in arkansas
its fucking over

>>49654466
i have a giant Cal king mattress on a frame I built myself. neet btw
I've comfy maxxed.

>>49647828
my 11% inflation adjustment raise yesterday put me at 186k USD. Primed for the recession baby

>>49654933
ah jeez dude, three dollars?

>>49647828
bullshit, you're about to start the best years of your life...
> 10 years experience is 10 years experience
> 10 years of surviving in the industry means something

Now is the time for you to do free favors to anyone who asks. Continue to build your reputation, but be "helpful" without asking for anything "now". True story...
> in your position, as a restaurant IT guy for large franchise
> up for sale, I am asked by one potential buyer to provide financial data on stores. "anything you can find; just something to give us an idea"
> I get OK from seller, and provide him with 10 years of comprehensive financial data on 70 stores
> He doesn't buy the stores
> 5 years later, cold call from him
> ya, we're buying a block of stores and need someone to handle IT. I thought about that mountain of data you sent me X years ago.
> a handshake deal for ~250k per year Gross.

True story 2, my brother...
> Work desk behind 2 store auto mechanic company
> becomes manager when it goes down to one store
> does the job well
> boss comes in one day
> We need to talk. I've decided to retire. I'm selling the business
> my brother thinking... fuck, what now
> asks... who is buying it?
> you are, he says
> gives him fair terms, banking on his past productivity
> my brother now has several millions more dollars than I probably ever will

>>49651783
Doing only what you want to do is a good way of whittling down what u enjoy until there's nothing left. Humans need routine and purpose, go force yourself to try new hobbies or try to find a job you enjoy doing for the hell of it. You have enough money you dont have to worry if the job u enjoy pays well or not, if you stay cooped up being a misanthrope all the money in the world wont save you. Dont wait life already started just start doing things even things you dont know if youll enjoy just go try them

>>49657463
Or go do charity work, you need to do something besides playing what u want when u want, contrary to popular belief the richest happiest billionaires dont just spend all day lounging around being fatasses, yes you can do all that but u have to do something actually productive as well otherwise itll all just feel meaningless

>>49657445
you could have at least created 2 probable stories to give op hope retard

>>49657445

True story 3, my father...
> 21 year old beat cop, back in the days when you walked
> walking his beat in the rain
> steps into an office open at night to dry off
> starts chatting with the guy inside, who runs an insurance agency
> recruits him on the spot
> 30 years and 4 college educations later, he retires comfortably.

True story 4: Sister....
> works dispatch in southern state police
> likes nights, likes alone, volunteers all the time for holidays and the 2x pay
> boss loves her work of course.
> fast forward, boss had retires and moves on to bigger things
> calls her inviting her to become dispatch for branch of homeland security
> rises to supervisor before retiring.

Again... your reputation and work ethic travel a mile ahead of you.

>>49657701
True story 4... me, a few years before story 1...
> still working in the stores at this point.
> up for a promotion into the corporate office
> involves inspection
> 2 hours before inspection
> in walks area manager from other district
> guy I covered shifts for several time in the stores he ran (not my direct chain of command)
> walks in with 4 employees.
> they do a rapid super clean
> leave before inspectors arrive, telling no one
> I get the job
> a year later, I get him the VP job
> 6 months after that, we did a hostile takeover of our own bosses when they tried to screw us

>>49657763
The hostile takeover is my second favorite story. Worked like this...

Our market was bought out by an out-of-state management group; who's plan (I assume) was to borrow a shit load of money, bleed the company dry on "management fees"; and then abandon the business to the BK courts

I got the call at 9:30 on a wednesday, telling me.... ya, we're closing the stores as of this moment; and oh, no one is getting their pay checks tomorrow.

I talk to my friend, and we decide to fight back. I use my corporate connections (that promotion) to work that end. My friend works his city connections (operations) on that end

We told the employees what was going on; but also told them that we were working on a better idea.

By the next morning, we had worked out the following deals...
> corporate agreed to cover the paychecks, and continue to allow the stores to be run until a new owner could be found; in exchange for us having prevented $15 million of their assets from being destroyed that night.
> a local judge had signed an order barring the previous owners from stepping foot in any of the locations, and ordering that me and my friend be temporary heads to run the operation

So we basically ran the market on our own until someone with money could step in and buy it.

>>49651783
>already a millionaire while the rest of the world barely make more than 1k per month
>when will my real life start
you should unironically kys rn, only by then will your real life start

>>49658030
>>49657763
>>49657701
>>49657445
Yawn, nobody cares grandpa.

>>49647828
Why are you complaining about a 6 figure salary when the average American makes $40k a year you stupid fucking ungrateful faggot

>>49659115
probably not. But I didn't want anons sitting around feeling sorry for themselves when they have the potential to be greater than they ever imagined. I don't know a single person who didn't luck into a lot of their success; and it almost always comes down to being prepared for the opportunities that will show up