/biz/ - Business & Finance

>>55966747
>Duuude I don't even have the money to spend $100 on doordash every day after I've bought my weed bro
>It's for my anxiety duuuuuuuuude

Post your budget

>>55966747
What's your budget?

OP how do you manage to spend more than 6000 dollars a month in the midwest...

>>55966812
Surely the 75k is pre-tax.

>>55966758
>drugs are bad mmkay

>>55966821
the highest taxable income for 10-80k is only 5.5% and thats in a HCOL area...

>>55966825
They take 25% right off the top of my paychecks you stupid lying faggot. Kill yourself or stick to talking about whatever the fuck you know about.

Now realize that you're probably in the top 15-20% of income of people your age and see that the average personal income in America is 35k/year per person and wonder how the fuck does anyone in America even avoid starving at this point

>>55966747
>Third world fag
>Argentinian
>IT engineer
>XOR holder
>I always put 25% of my wage there as passive income
>Ordered a Sora card to use it time to time
>Literally living my best life

>>55966825
HAVE YOU NOT LOOKED AT TAX BRACKETS LATELY

>>55966856
>average personal income in America is 35k/year per person
this is just not true. what's the average income for an 18 year old girl who doesn't do onlyfans

thank you for ruining pepe, glownigger

>>55966856
What is the median income for 20-35 year olds?

>>55966930
20 - 16k
25 - 35k
30 - 45k
35 - 52k

>>55966747
Love you dude. It's tough out here.

>>55966834
damn bro maybe you should leave california

>>55966770
>>55966790
>>55966812
take home after everything gets taken out = $3750
rent: $1300
bills: $700
food: $500
= $2500
>in b4 ANON YOU STILL GOT 1250 LEFT
this is the absolute bare minimum, if I literally only pay my bills food and pay rent. then I have 1250 left each month. You know how real life is, shit comes up, you buy something, go out, etc. Most months I have between 300-500 leftover

>>55966824
drugs are bad if the addiction is draining your bank, retard

>>55967054

Please tell us a little more:

What kind of space do you rent? Do you have the opportunity to get a roommate to split that cost?

What bills do you pay every month? Utilities, insurance, transportation payment, etc?

How do you spend $500 a month on food? How much is spent at the grocery store, how much is spent at restaurants?

>>55967054
You spoiled spendthrift fucking child. Stop pissing your money away. You don't have a cash flow problem, you have a self discipline problem.

>>55967054
beans and rice, nigga... beans and motha fuckin rice...

>>55967054
$2500 3x = 7500
You could have that saved in under a year. At that point you have a 3 month emergency fund. Do this and your anxiety about finances will lessen. You’ll have an umbrella in case it rains. Work your way up to six months for maximum comfy.
You have a spending problem not an income problem if you’re passing $1250 per month on random shit.

>>55967054
similar boat, find a wholesale food store and buy in bulk, it will save you easily a few hundred a month. I shop at Costco my monthly food budget is usually 2/250.
government really fucks our tax bracket in the asshole between state/fed/social security I gotta pay like 18k/19k a year which is like 10k less than what I can realistically save annually which is fucking ridiculous

>>55966758

This lol, you're a fucking retard OP. I can only imagine how much other shit you waste your money on, $75k is far from fuck you money, but it should be more than enough to keep from living paycheck to paycheck in most of the midwest.

$75k is only $55k in Jan 2020 dollars, of course you're struggling.

>>55967054
Cut down on your bills if you can (cheaper phone plan, buy cheap bulk food, purge monthly subscriptions, etc) and cut back on the real life shit you don't need. There's no reason you shouldn't be able to be saving $1000 a month without changing too much.

>>55966747
You are full of shit. Kys for this

>>55967054
So youre saying you make 45k take home which means 45/75 = 0.6, meaning you got 40% of your income removed.

You are a fucking liar and the only point of this thread is to demoralize. I really try not to believe in conspiracies like covid was real for the most part, there was no election hack but shit like this makes me question my sanity sometimes. OP knows well and dandy that there is a rare chance someone like me would check the math and gave it a shot to demoralize. I just don't understand why. It can't really just be the jews right?

>>55967132

Anon you have cut your expenses. This is what you do.

Short term:
Create a budget. Document all expenses and analyze.
Cancel all subscription services (Amazon Prime, Netflix, Hulu, etc).
Stop eating/drinking out. Stop paying for delivery services. Buy food in bulk, cook for yourself, take leftovers to work for lunch.

Long term:
Downgrade your living space. Move to a cheaper part of town, get an apartment with a few roommates.
Downgrade your transportation expenses if possible. Sell an expensive vehicle (Payment, gas, insurance, etc.). Buy a cheap car or take public transportation.
Save money per >>55967171

>>55967132
>could, at most, save a pathetic $12k/yr
He has a cash flow problem, poorfag

>>55967233
Even ten grand a year in a stodgy blue chip mutual fund is serious fucking money. OP is a spoiled shitheel who will wreck his neurons on weed and have nothing to show for the days when he could pull down serious money.

>>55967213
>40% of income removed
>You are a fucking liar and the only point of this thread is to demoralize.
lmao the existence of wagies is not a conspiracy. About 25% of that is income tax and the other 15% could be maxing out contributions to a 401k.

>>55967213
>underaged retard doesnt know what taxes are
Yes anon when you make 75k a year the jews take 40%. The goy cattle meme is not actually a joke its reality. I make 45k and I have to pay 30% in taxes. It really isnt fair isnt it

>>55967246
$10k/yr is literally nothing, OP will never own a home on that, OP will be a rentiod till his dying day, dying like a fucking yuropoor, is that what you want? Fuck you.

>>55967246
>$10k a year is serious fucking money
lmao

>>55967054

Like the other anon pointed out, not sure how your after tax is only $3750/mo if your gross is $75k. Taxes should be pretty close to 25% not 40%. Unless the other 15% is going to a 401k or other retirement account, which is actually really good if you're avaing that much.

Anyway if you were serious about cutting expenses you could cut your rent in half if you found a roommate. $700 is a lot of bills, I imagine majority of that is a car payment. I'd focus on putting most or all of that $1250/mo toward paying it off early and getting rid of your debt.

$500 is also high for food for just one mouth. I imagine you're eating out a lot or buying overpriced organic shit, you could easily cut that in half if you cooked at home.

>>55966990
They do it to everyone. ~24% is just federal taxes and social security.

>>55967272
>muh 401k
401k is literally your money. Saves an extra 10k for the future. Acts like its the tax jews that burned it.

Its youre choice to put the cash into the 401k faggot. OP literally just acted like the money disappeared

>>55967364
Thank you. Someone that doesnt celebrate hannakah

>>55967213
no the net is accurate I make similar money the government takes about 24% of mine the other 16% is split between insurance and retirement retirement being a 7% max of the company match you're definitely underaged unemployed retarded or all the above.

>>55967054
>food: $500
For fucks sake learn to cook.

>>55967421
>401k is literally your money
That will be inflation-ed away into worthlessness by the time you’re able to touch it.

>>55966758
Weed isn't expensive.

>>55967789
>>55967639
complains that 10k put away will be inflated away. Does it anyway and then acts like he never had that 10k.

Then don't fucking put that 10k away you retard. Go fuck yourself

>>55966747
I make $74k/yr and I'm living comfortably. I have my own car, I can pay my bills and have plenty left over. I have roommates, but I don't see the point to having an entire apartment to myself unless I had a gf. I see posts like this a lot on here and other boards, and even social media. I have to stop and wonder what the fuck you morons are spending your money on.

I have several thousand left over every month, and that's AFTER my bills and deposits to my savings and other assorted accounts. Genuinely what the fuck are you morons doing with all your money? I can afford vacations, music lessons, I eat out at nice restaurants and wear nice clothing. I just bought a fancy guitar, too. How the fuck can you spend so much?? I just can't wrap my head around it. Then there are people making even more than me who also talk about how they're struggling...with fucking what? is everyone just retarded or something?

>>55966824
they are

>>55967186
>the only sane non-screeching post itt
>zero replies

>>55966897
$12,000 a year probably.

>>55968129
How can you stand having roommates as a grown man?

>>55967994
never complained about my 7% contribution nigger nice try

>>55967054
>bills: $700
>food: $500

Found your problem.

>>55966747
>>55966821
>>55966834
Burgers are so retarded lmao, you stupid fucks laugh about europoor only getting less thab that but none is living paycheck to paycheck with that here even with the high taxes on it, on the contrary its more than enough, but you cant even handle 75k lol maybe now you understand cost of living a bit better

>>55967054
>food $500
the fuck are you eating fatass? I live in the midwest and I don't skimp on my food and still only spend maybe $300 a month, do you buy all prepared foods? Learn to cook.

Also that rent lmao, so glad I bought a house in 2017, I only pay $750 a month for my 3 bedroom house with a 2.5% mortgage that I live in by myself.

>>55966747
Why are you complaining. 75k is too high for a retarded it fag anyway. You should be making lower

>>55967054
Bitch you have more 'left over' than I earn in a fucking month, and still save most of that.
Learn to budget, overpaid retard