/biz/ - Business & Finance

>>57861767
It's middle class, certainly not a lot.

>>57861767
only in america could people say 100k is not a lot. Here in the poor part of Europe I was making 1500€/month after taxes, and it's considered a good entry level salary.

>>57861816
Yeah the post is talking about US salaries obviously it doesn't apply to us Europoors where our shithead Jewish employers pay us in bread crumbs

I make 260k+bonus as a programmer and I don't even have that much money. I barely pay of my CC every month.

I make $60k and feel poor for whatever that's worth. Still enough money to go out on the weekends and eat out once a week or whatever, but no way could afford kids on this salary. And this is in fucking nashville, not even Los Angeles or something

$100k in 2000 dollars is $462k in 2024 dollars, "$100k" is objectively a low income

>>57861767
Imagine having an expensive phone to complain about your 6 figure salary when things are so much worse for 50% of the population clawing around on minimum wage. What do you think these people are doing?

>>57861860
>dumb poor wagie slaves let themselves be abused so stop complaining!
Post foreskin.

>>57861767
Six figures is still a lot. The bitching is purely because of the cost of housing. If you bought a house in 2019, you'd be living well on six-figures. Also the tech bubble psyop'd everyone under 35 into thinking that you're entitled to a WFH job that only takes 10 hours of work a week and pays you $200k. The years of abundance have made a lot of people who can't mentally grasp the idea of needing to actually struggle.

>>57861849
Damn.
That means every factory wagie is working for like $8,000 a year, which would have been unacceptable in 2000.

I think it's time to start hanging people in expensive suits until this sorts itself out.

>>57861924
Median household income in 1970 was 235oz of gold. You are a wagie slavemind and will pump my bags into the future. Thank you for your service, faggot

>>57861849
All of that money didint flow to markets. And only thing actually causing inflation in US is housing.

US is a 3rd world and now you see what happens when you bomb other countries.
No one wanted usd your gov forced it and now its losing control.

>>57861767
its because of inflation op, thats why all the ppl here on /biz/ are puting almost all of their money into BTC or BRC20

>>57861767
People usually leave two things out:
1. A 100k salary usually comes with the highest tax bracket, which for some countries can be over 50%
2. Places that offer these salaries usually also come with higher costs of living

It's plausible that there's people out there caught in a combination of these factors that erodes their income to the point where it doesn't feel as special as the value suggests.

>>57861767
cost of living is so high six figures doesnt mean shit
also, most people brag about gross income amount because they want to seem more rich. you can safely subtract 30% from any number a person gives as their annual salary
on top of that most of these people are maxing out their 401k and paying an absurd amount for health insurance. there really isnt much left after

>>57861945
Would be the wise course of action. Unfortunately the wagie is dumb as shit, thankfully we can counter-trade the wagie by shorting fiat (ticker: BTC)

>>57861968
>only thing causing inflation in US is housing
we have a real retard here

>>57861816
I'm in Romania and I make 1500 euros per month and it's 50% more than the average salary in the capital city

I also own 2 flats and 1 BTC so basically I'm wealthier than the average mutt

>>57862018
Yes you are abd thats why you cant get it.

>>57861945
Think that's bad? Look up the avg starting salary for non comp sci tech degrees. They've barely budged in 10+ years. There's a reason people were going to coding boot camps instead of becoming things that are actually useful, like engineers.

>>57861860
I envy people who work on minimum wage or less
In the US at least it's only worth being poor or rich. In between is hell.
I've been poor and if you're OK with being poor you will never have to worry about anything. Food stamps, subsidized or free rent, free healthcare, free public transport, free government services. The only reason I got a job is because as a single white male they threatened to cut off the gibs.

>>57861767
Probably, I make 80k per year and live paycheck to paycheck.

>>57861767
You could barely afford a house and a kid(s) with six figures unless your wife makes good money (she probably doesn't).

>>57861839
Uneployed have better standard of living in europe vs amerimutt making 100k
Amerimutts are ripped off by gov so they will have only poor and rich class

>>57862107
>because as a single white male they threatened to cut off the gib
Basically this, if your a white man your only option is slavery or homelessness.

The gibs are only for brown golem.

>>57862038
true and based.

>>57861767
Anyone who claims to struggle while making more than 100k should be reduced to 5300$ a year US which is what over 20% of Canada live on.

>>57861816
The way european system is build compared to US 100k in US is like 15k in europe. They are too scammed to think anything else. They actually pay 1m for house that should cost 50k thanks to jews.

>>57862147
They tax us so they can house and feed the migrants crossing the boarder.
Should get melanin injections, fly to Mexico, ditch my ID and cross the boarder with the other spics.

>>57861968
Yeah bro it's da putlers and da subbly chaims that's causing da inflatiam! Not da monetary expansion!! Kek. Dumbfuck.

>>57862182
>5300$ a year US which is what over 20% of Canada live on.
BS, anyone making that is being subsidized.

>>57862182
Also yes this means living in communal homes where rent is shared between numerous people. Future you chose, these leftist faggots love communes they love shit like that. If you have 8 rooms in your house 6 of those need to be rented to other people, solved your problem stop whining. And 5 of those 6 will be niggers or people actually just released from prison, once in a while you'll get an actual paranoid schizophrenic who needs a nurse to come daily to give him his meds so he doesnt kill everyone in the building. Real life, not a joke, this is Canada. Hope it doesnt snow a lot and she can still make it up the road on the worst winter days oh sorry he car just wont go down the road youre all dead. 5300

>>57862075
Cry moar faggot

>>57862189
Yes they are taxing in europe and in us.
System is still build to fuck you over and for europe its made to get better middle class. There is poorpeople only in bad countries in europe. Most have none.

>>57862199
They give you about 350 for rent and the rest is for food etc. A single room for 350 doesnt exist even in the most remote areas of the country, so everyone ends up paying more like 575 of their 740 total, 740 if theyre lucky enough to not be from Quebec where its like 600 a month. So yea 575 living far from a city for a room, out of your 730, then pay insurance (65$ if you drive like a normal person and have a cheap car) and then another like 40-60 in gas, so roughly 30 dollars for food every month. As I said generally most people need to live 10 to a building to make this work, 3k a month rent kinda thing.

There's no real impact on your quality of life if you're making 60k or 120k. You're probably living the exact same lifestyle, except you can do more for your kids if you have them at 120k.

So I wouldn't say that 120k is poor, there's just less of a difference now between 60k and 120k. You are still priced out of any sort of luxury, but above the bottom 1/3 dredges of society and able to live comfortably.

So in conclusion (((they))) are raising the bar higher and higher to escape into the upper class and want to keep furthering the gap between the wealthy and the bottom 98% muttalato dregs. I double my dad's salary but still live the exact same lifestyle he does except I can save a little more.

>>57862240
>>57862199
And of course Canadian dollars are worth roughly 30% less than US ones so like 8k a year is more like 6k.

>>57862195
No banks have printed money for a long time. Its making supply short and you nigs fell for it.

>>57862256
You're worth 30% less than Americans, you should go back to India Ranjeet. Noone wants you on this continent. The beaners are bad enough.

>>57862211
Only stupid would post charts. You cant get it.

>>57862199
Oh also also, the "subsidized" youre talking about is more like credit card debt. So yea they get welfare, and then the rest gets added on as debt. The actual cost of living. Working as intended, soon 50% of Canada will be debt slaves.

>>57862240
>Smelly curry nigger thinks his life is the same as typical Canadians.
It is

I remember when I was a teen a felt like if I could just work a 60k a year job I'd be set lul.

>>57862276
Yes Canada is worth 30% less than America because shitskins. Because we actively seek to put Chinese spies into positions they can leverage to be bribed in Russian diamonds.

https://www.canada.ca/en/global-affairs/news/2024/03/minister-joly-announces-additional-ban-on-imports-of-russian-diamonds.html

So we just ban legally importing Russian diamonds right problem solved go ahead ching chang heres the top secrets.

oh look another demotivational thread about dumb zoomies living far beyond their means being unable to afford further luxuries, boring

>>57862289
Anon if you're white in America, you will get limited help from the government. Being a NEET isn't an option if you're a white man.

And complain more about how shitty it is to be absolutely poor, but ignore that I have to work 45 hours a week to achieve the same level of comfort.

>>57862355
If youre White in America at least you still have North Dakota.

>>57861839
>our shithead Jewish employers pay us in bread crumbs
That happens in Amerishart.
Their "higher" salaries are actually dogshit, once you consider how retardedly expensive everything is over there. Their $100k is the equivalent of our $18k. Plus, we get MUCH better food, better housing, better women, infinitely less kikery.

>>57861991
Why do so many people not understand higher tax brackets doesn't equal less money? It has to be something something jews.

>>57862260
See: >>57862211

Housing has crashed in real terms for decades, it's only boot licking wagie slaveminds like yourself that think housing is expensive
>>57862278
>only stupid [sic] would convey information effectively
What did the smoothbrain mean by this?

My grandpa was a bartender/carpenter. Owned three properties, had 6 kids, and a wife who never worked a job.

My father had a white-collar desk job for the state. One property in a shitty town, two kids, mom worked part time.

I am a PhD scientist. No property, no kids. At this point I could have one or the other but not both. Between my gf and I, we could afford both. We both make over 6 figures.

This is why people are angry. Also, welcome to my personal diary with Reddit spacing

>>57862786
>I am a PhD scientist. No property, no kids. At this point I could have one or the other but not both
Stop drinking Starbucks.

This shit is insane. I'm 32, I make $30/hr doing something I love, probably make around 25-30k/year and I'm totally happy. I unironically have no idea what I would do with more money. Most people are just materialistic retards with absolutely zero perspective so they think they're poor if they can't afford a mansion in California and a brand new BMW and $400 tshirts. America is so fucking rich even "poor" people have more money than they know how to spend.

>>57862786
If you have over $200,000/year at your disposal and don't know how to own property and have children you are the problem

>>57863076
>Between my gf and I, we could afford both
Point is that I should be able to afford it on my own. If interest rates come down then I absolutely can.

>>57863007
Kek

if you ever truly been poor like myself where ive worked min wage jobs for over 10 years and my parents worked barely above min wage jobs their entire life aswell then you know that 100k is enough to atleast make you firmly in middle class which is basically a dream to me, anyone with 100k annual salary can feasibly pay off a house in any state (not any city) over the course of decades. I make 20k a year and my wife makes 40k a year and together we are able to live almost anywhere in america so long as we are frugal and thats with a measly 60k collectively. The only thing is we cant go on vacations, buy new things, or even dream of owning a house outside of a super cheap midwest type house. We wanna live on one of the coasts

$300k is the new $100k

>>57862786
thats idiotic the kids are expensive meme entirely depends on how you raise them, after food and clothing they are not an unreasonable expense especially for someone with your wage, im trying to get my wife pregnant currently and im not worried cause I know how to save a buck been doing it my whole life, also I grew up poor as hell and didn't complain one bit cause we had food and a roof

>>57862786
Maybe you should buy a fixed unit of account that can't printed ad infinitum by pedophile Saturn worshipers. But instead you'll cry to those same kiddy fiddlers begging for salvation. You did it to yourself, slavemind, you did it to yourself.

>>57863139
No, my guy. 100k is more than enough to do it yourself so you must have made some absolutely retarded decisions regarding housing or transport etc

>>57862107
being poor is pretty stressful when my entire life comes down to whether or not my car breaks down next month or next year, if it ends up being next month I couldnt afford to fix it and then would have to take a bus to work making my life immensely more difficult

>>57863279
This is how life is if your income is not considerably greater than your expenses, no matter if you're rich or poor.

I live with less than poor Americans and life is fine.

>>57863219
>min wage jobs for over 10 years
I'd call you a retard, but even a retard could work a jannie job with yearly raises. Literally sub-retard. Impressive

>>57861845
meanwhile jungle niggers in africa make $0.01 cent per year and have 20 kids

>>57863304
To be fair, he has more real state than someone making 6 figures in the US.

>>57862316
i certainly would be

>>57862126
only people living in the city or making payments on a house would struggle with 80k, me and my gf lived in portland on her 40k salary in one of the nicer apartment complexes and we never couldnt afford groceries or gas to go visit family, you probably spend money poorly

>>57863278
If I made as little as you, I could not afford my rent. My apartments about 10% cheaper than what’s typical for the area I live in. It has mice. I drive a 2013 Honda Accord. You are wrong.

>>57863299
why dont the "rich" people just live in the properties that the poor can afford, then their income will be greater than their expenses and they can save money for anything, i dont have that privilege no matter what Im not saving more than a couple grand a year between me and the wife and thats being professionally cheap

>>57863377
Anon, I lived for many years on a 3rd world (not the US) wage, it's possible to live like this without having to worry a lot, as long as your income is 20% - 30% higher than your expenses.

>>57863303
im incapable of getting hired for a good job, never had a leg up in my life and i lack the motivation to get training or certification so ive done the bare minimum my entire life to keep a roof over my head, and its not always minimum wage its just always 15 to 20 an hour

>>57862641
>Smootbrain
Go back to r*ddit angry kid.
Charts are not effective unless you want to lie.

Building a house is cheaper than ever but its made to cost you. US shitty houses would be compared to a shed in europe and shed would cost 20k€ to make no matter how cool shed it is.

Gov makes building hard and thats why it costs so much to build. Normal housing costs should be 25% of montly salary as they are for me in europe, but i doupt you can get anything under 50% in US

>>57863410
>US shitty houses would be compared to a shed in europe
It'd be considerate a shack or shed in most of the 3rd world, or at least in the countries I know.

>>57861767
The average American makes less than $50k a year so $100k is still a great salary.

>>57861849
No it isn't retard.

>>57863347
Sounds like you should move somewhere that's cheaper or forget about ever having a family. But I'm almost 100% positive you make other retarded financial decisions, like only shopping at Whole Foods or some shit

>>57863553
>He thinks we believe the (((revised))) inflation formula
fucking lol

100k only seems like too little because there are too many people making 100k who don’t actually add any value to society. You shouldn’t make 100k unless you’re producing tangible goods or direct professional services like medicine. All of this tech, software, and “project management” type tripe is ruining the economy

>>57861767
salaries need to come with an index of expected savings per year to measure in because of differences in cost of living and along with expected student loans that come withthe job, but no one has discussions on 4chan anymore because glowniggers have made these boards unusable, so I guess it is time to flock to greenr pastures.

>>57863410
Smoothbrain is /ourword/, tourist, housing hasn't kept pace with monetary expansion ergo can't be the driver of inflation. It is only "expensive" to filthy wagie trash, simple as.
>>57863411
Right, like I said, sub-retard. Thankfully even you will understand line-go-up and will bend the knee to King Bitcoin and reap the rewards of enhanced economic calculation efficiency
>>57863553
>N-no you can't factor for money stock by factoring for money stock, t-that's antisemitic! You need to poll boomers and ask them to guess how much they would pay to rent their homes, that's how you objectively measure inflation!!
holy lee shit, we got a live one here boys!

Owner Equivalent Rent: They poll boomers (who are not involved in real estate or the rental market in any way) and ask them to guess how much they'd pay to rent their homes. Yes, that's LITERALLY how housing "inflation" is measured in CPI.

Hedonic Value Adjustment: "oh, beef has doubled in price? Well the fucking peasants can eat beans, and beans are cheaper than beef was last year, oh no! deflation! better run the printers double time!"

Only the tip of the iceberg in how fake and gay cpi is you fucking slavemind.

>>57861816
It's because in spite of the high salary on paper, the privatized nature of American society means you have to pay out of pocket for things subsidized by the state in other countries.

Erik Striker talks about this in his article on the U.S. economy
https://littoria.substack.com/p/the-collapse-of-the-american-empire-eb8

>>57863827
None of this shit matters because the average American still makes less than $50k and only 18% of the population makes 6 figures. Unless the point you're trying to make is that 82% of Americans are poor, but that's also nonsense because most people live pretty comfortable lives.

>>57861840
Lmao you are either a lying faggot or you are shit with money. I make $240k and don’t even know what to do with the extra cash I have left over. I own cars, a house, investments, crypto, eat out all the time, travel, and still have a few thousand left over at the end of the month. I also live near DC so it’s not cheap to live here.

>>57861968
>and only thing actually causing inflation in US is housing
retard. inflation is when you increase the supply of something and thus devalue it. inflation is and will always be due to our money printing

>>57861816
100k in AUD (monopoly money) is absolutely not alot if you're in Sydney/Melbourne especially with inflation recently.. 120-130k is what 100k was like 5+ years ago.

Everything is actually 4 times as expensive because prices doubled from 2003 to 2013 and then 2013 to 2023.

>>57863857
>objective reality does not matter
Born to slave.

>>57861845
Same salary living in Texas. I make enough to afford a moderate vacation every year but no way in hell will I be able to afford a house, a luxury car, or kids.

>>57864018
One anon with a brain.

>>57863848
Watch the dumbasses here call you a commie for citing this

>>57863848
>means you have to pay out of pocket
You mean pay 2000% more for everything on credit because there is no way you should give away all your hard earned cash which is already pyramid schemed into a bunch of freeloading government "skilled work" and 10 million illegal immigrants so boomers can specutively own more mcmansions and tell everyone they need to own three brand new cars and consume endless plastic shit in the kitchen?
Rent free

>>57863848
Pretty good post.

100,000 is just barely 6 figures. When people say "6 figures" they mean about 4-5k

>>57864253
He means that back in Brazil I could pay someone enough for them to buy some alcohol, buy clothes, pay tithe and eat (if there's no state cafeteria nearby or if I don't give food directly), the government covers the rest, while in the US I must pay enough for them to buy all of the above, plus taxes, some education, healthcare, transport, massive rent.

The same laborer end up costing far more (even taking in account local prices), so the economy stops being competitive.

>>57864286
4-500k*

>>57864289
Do the laborer live a better life? No, it's pretty much the same.

>>57863773
me on the right

>>57864249
ur a fucking retard if you think Russians have similar quality of life to americans

>>57862107
>Food stamps, subsidized or free rent, free healthcare, free public transport, free government services.
Only if you luck out and live in a blue state. Being in a red state you don't get shit.

>>57861767
just accept yu are slvaes and stanists rule the west. you work for them and their struggle for world domination

just leave the west

they will start a nuclear war with russia anyway. so don't need worry.

>>57864372
You'd need to be deluded, and many are, to think the median American live much better than people in the most developed parts of the 3rd world.

>>57864286
Nah 98% of the time they do mean to reference a salary of $1XX,XXX

This is easily checked by looking at, say "what jobs pay 6 digit salaries?"

>>57863530
LMAO you're the 5"11' of the salary world

>Buh buh it's above average!!!! Why will so few women date me????

>>57861767
It's unremarkably high and is the almost inevitable outcome of even basic salaried white collar employees

>>57864377
Being in a red state is basically like living on the poverty line in a blue state so it balances out.

>>57861767
$100,000 a year is now just enough to have a basic, boring, middle class existence. It's like $60,000 20 years ago. You can get a humble house/apartment with a mortgage, eat reasonable food from the grocery, eat out only occasionally, have an affordable car payment and still save for retirement/emergencies, assuming no other debt. That's it. It isn't awful but it's not 2006 anymore and $100,000 isn't a ticket to the BMW and shit hot new house. If you have a bunch of stupid debt like 90% of people or live in an HCOL area $100,000 a year would be tight with any of the above.

At this point I don't blame <$50,000/year employees who'd rather just draw welfare. You'd literally have to move to the middle of nowhere to have anything.

>>57861977
>investing in ponzi scams thinking it's going to save their ass

>>57861767
New 2024 standards in Biden bucks of 6-6-6:
>6'6"
>$600,000
>6 foot dick

places where low six figure salaries are the norm have high cost of living, so in that sense it isn’t a lot of money. most of the people on Reddit are hicklibs, so they are imagining having 100k to burn while living in their trailer park.

>>57864444
Dude what the fuck?? I live in a relatively populated area with three major universities and $25k is enough to live in a two story house right outside of town. I don't worry about paying for groceries or any of the other things you mentioned. Bunch of fucking retards saying over THREE TIMES what I make isn't enough lmao get over yourselves and realize you're constantly getting fleeced by people upselling you.

>>57861767
>>57861767
90% of people would rather lose everything they have very slowly than keeping what they have on average with high spot price volatility.

If your not wage minimizing or going homeless you dont understand the game theory of fractional reserves at interest.

Money is created from debt at interest, therefore debt>money . No matter how frugal we all are, no matter how hard we all work, we all cannot be debt free. Indeed, the harder we all work, the harder everyone else has to for the same amount. Converse is also true, the less we all work, the less all of us has to work.

If your wage maxing in fiat your behind the curve.

700k gold price adjusted min wage in 1945 if you call out paper gold for what it is, a sham

>>57864573
Yup this country fuckin sucks no more having a family or having a house unless your black or some shit

>>57861767
retards that convert usd in their local currency and say that 100k usd is not low are well retards

>>57863377
you may lough but i know people who cries they low on money but bought 3000$ designer chair for their home.

>>57863773
What is the source of this webm

>>57864461
>21m BTC
>∞ USD
>BTC is the ponzi
You failed the test, thanks for playing, better luck next life

>>57863377
its like when most people buy a house they buy that most expensive house that their bank credit line can afford and not that cheap house.
And then they wonder why they have struggles with money ...

>>57864673
>$25k is enough to live in a two story house right outside of town
$25,000 is $2083.33 per month. Given the general rule of ~28% of your gross income to a housing payment, that's max $583 per month. Where I live $583/month is not even a single bedroom apartment, and I don't live in a major city. When you remove that payment from your monthly total (I'm not even adding tax in here, your bracket is 12%) that leaves $1400 gross for everything else - insurance, maintenance, transportation, food, clothes, utilities, etc.

I do not believe you have a 2 story house and live comfortably on $25,000 a year. I think you work as a $25,000 a year wagie living with your Mom and see houses and think you can get afford them because you found one in downtown Cleveland with a $400/month payment.

>>57861849
>>57863553
as someone who was alive and paying attention to prices in 2000, 250k of today's money is about the same as 100k in 2000. for tier 1 cities the absurdly high number is probably more correct and for tier 3 cities the 175k number is probably more correct

>>57864783
keep feeding the huns, bitch

>>57864700
>muh paper gold
Retard. Median household income in 1970 was 235oz of international market price gold, you don't need to invest in slavemind shiny rock fetishist cope ("paper suppression") to illustrate the destruction of wages from monetary expansion

>>57863848
Erik striker is a certified retard.

>>57864796
>>57864700
yeah workers are much more productive than before but get paid less
meanwhile companies makes billions
its a big scam
thats why they need immigration to keep up the worker competition for jobs

>>57864906
5000 years of endlessly repeating gold - fiat - lead pipeline


Emps will remind those that even the industrial uses of gold were largely fruitless in the end

>>57864796
>Given the general rule of ~28% of your gross income to a housing payment,
Who made this nonesense up? Rent has no return and a house is a illiquid, depreciating asset that creates no tools or feeds anyones mouth. Housing should be thrift maxed

>>57861767

I make 100k

I live frugally, no debt, live with family to maximize savings

The second I buy a condo or apartment (all I can afford in my area at 7% interest rates on a mortgage) that 100K equals basic living expenses (mortgage+utilities+gay HOA fees, food, health insurance, car insurance, tolls/gas, gym membership) and 10-20K a year saved post-tax (10 on average, if I have a good year financially maybe 20)

I gave up any semblance of a social life to get to this point and while it absolutely could be worse, and I lived that 'it could be worse' for years, it doesn't feel great either.

Ironically when I was broke as fuck, having a social life and friends meant I also was swimming in bitches. Now I have no friends, no women, and can't even feign interest long enough to entertain interested women.

>>57864997
shackmaxing?

I make 6 figures in an area where the average income is like $35k
What do you think about that?

>>57865035
If you need to work to live, you're not rich enough to boast about it.

>>57864997

I spoke with one of my parents earlier about my frustration with the housing market

Where I live, the average home has gone up 45% in value from 2020. A decent condo is $200,000. A decent home within an hour each way commute to my job is 400,000-550,000, and homes in that range are getting into bidding wars where people are unironically paying up to 120K over asking price

Feels terrible to basically sign up to give away 80% or so of my total annual income to cover just the cost of living

The advice I received? "It'll all work out in the end"

>>57864997
It's a max bound as a general guideline, and many mortgage lenders and rental companies will allocate up to this number. Nobody is saying you have to take that much out, I was using it as a hypothetical max for the parent comment to point out how ridiculous their claims are.

This board truly is filled with retards.

>>57864867
You could buy a house for $100k in 2000 and as I've already posted out (>>57862211) houses have not kept pace with monetary expansion, $500k is the lower bound of a 2000 $100k income

>>57861767
whatever i make close to a 6 figure salary working from home and i grew up and still live in one of the poorest dumbest states in the USA, WV.
I am a software engineer and very comfy. No college education either, desu. Fuck those faggots. My salary feels VERY comfy and has for years. I can't wait to start pulling 300K+

>>57861767
women want a guy who makes mills
fucking peasant, make more then, coward

>>57865035
holy fuck, i grew up in that city girl on the right if that's the tigers which it is

>>57865084
Why ive been saying to get comfortable making that end they speak of come alot sooner than anticipated

>>57865192
Rotation exif was not a good idea

>>57865136
>It's a max bound as a general guideline, and many mortgage lenders and rental companies will
No. Debt to income ratio (DTI) is typically
36. Can go up to 41.

>>57865136
No even an "upper bound" is bad, should be hard floor, sort property from cheapest, refuse to take anything but the 5 first entries

>>57861963
>he measures in shiny rocks…
Oh anon

>>57861924
Fuck off boomer, I'm never going back into an office. I told many companies to fuck off because I don't commute nor will I relocate.

>>57861924
kys i work 3 hours max a week and take 4-6 days of paid time off a month for 3 years

>>57862516
12%vs22% is not nothing

>>57862147
At least we have a rich class

>>57861767
Depends. 100k is shit. 200k is good. 300k is amazing. 400k is top tier. But it also depends on where you live. I'm my area you can easily get by on 70k. Not so much in New York or California. But I wouldn't live in those places.

>>57861816
The trade off is that you're from a country nobody has heard of with zero relevance.

>>57865427
I work in the suburbs of NYC. I made 71k last year. I can no longer afford to rent anything remotely close to my place of employment. Currently living in my car/couch surfing. Even trying to find a shared living situation is difficult (no hablo espanol). Have ~100k in my 401k considering making an early withdrawal getting what little enjoyment i can from it and then driving off a bridge

>>57864372
True, they live even better.

Better food/diet, better transportation, better looking people. Keep chugging that cold war era propaganda gramps.

>>57861767
Literally just saw this story too.

>>57863848
> quoting Eric Striker unironically
Do you realize how retarded you are

>>57866147
>an over six-figure salary
So, a seven figure salary?

>>57861995
>most of these people are maxing out their 401k
Lol no normie does this, they just blow their money on useless consumer goods.

>>57862038
Okay, Gypsy

>>57863553
That's still fucking terrible, min. wage workers in us are making basically less than $4 an hour. That's basically slavery. Not that I sympathize with them that much, but it's impossible to live on that little unless you live at home or you're a woman. Living at home will be completely normal moving forwards, only chads will bother with renting so they can fuck non stop, every other guy is just burning money

>>57864780
i served the king of england

>>57861767
posts like these are why I got baited by burgers into not selling in 2021. At high 6 figures I basically made multiple times the salary of a family member who is a chief physician at a hospital and I bagheld all the way down because I was convinced it was not a lot.

>>57865400
That's not how it works. You don't get taxed one rate for all of your income. It's tiered (aka marginal). Making more money is always better.

>>57861816
7 years ago I was making £1700 a month and I was fairly happy with it, bought a house with some inheritance and my savings and didn't struggle for money. But now prices of most stuff has nearly doubled and I can't imagine £1700 would be a great take home, but luckily I've doubled my salary

>>57861767
The prevailing problem is that jobs that should have scaled to six figures (inflation, etc) simply haven't, while six-figure jobs are becoming even more of a grind for the same or marginally more pay
The meme that you can get a good job and get rich is a crock of shit tbqh. It died with tech salaries; now everything will be fake and gay

>>57866173
What part do you disagree with?

100k is the new 30k

>>57861816
In Europe cost of living is about 5x lower retard so 100k usd is about 20k eur

>>57861767
some of the people in that thread will live in shit holes like san francisco, and they vote for dysfunctional status-quo policies which fuck themselves over. statist lemmings do live to be farmed by their tax-recipient overlords afterall.

>>57865441
and that's a good thing, unless you want to get drafted for WW3

I had a good reply to this but I forgot it but my real beef is that 'low tier' work doesn't pay you enough to actually live.

6 figures is no longer "you're set, johnny" but "wow, I'm 40 and can afford all the shit my dad could afford at 25, back in 1973". It's just not a good setup desu to have entry level wages be both offered as serious compensation, but also businesses not understanding why it's not good enough.

>>57861991
doesn't six figures mean net six figures, after tax?

>>57861767
It's amazing how people, especially women, would mock and dismiss $100k as not being a lot any more, instead of being angry at why $100k is not a lot any more.

>>57867300
Women have always chosen the winners since the start of time, they do not care how you get there anon or about the circumstances that pushed the goalpoast further.

in white collar work on the coasts the "starting" salary is 80k and you should be job hopping or getting promotions every 5 years for 30-50k more.

You will still never own a house or apartment but you will rent and be happy

>>57861767

>>57867047
This. The most brutal part is its solid middleclass. Like I dont worry about anything with my wife, but it's not like we are saving anything either.
I'm not stressed. That's it.

>>57867326
Women have never chosen the winners, the winners ran over and raped them and then the surviving losers also got a shot at raping them. Stop pretending women have a choice in anything, it's why things are so fucking bad now is all this unwarranted simping.

>>57864018
No. Inflation is number made by bankerjews to tell how value changes.
If country makes more new value than it prints money there is deflation. Its not just how much money is printed and your ignorance just shows that you could not pass 6th grade in europe. Mutts are retarded.

>>57863827
You are not oldfag and you will never understand.

>>57865400
You will never be part of it.
And europe has rich people its just different. We dont need to show off when we got some money.

>>57865330
If you make it into a higher tax bracket only that extra money is taxed by the higher rate

just dont do drugs lol

>>57866959
I'm 35. Won't be drafted to anything. I'm watching as WW3 demolished Eastern Europe because Europeans can't help but destroy their continent over and over again, retarded cum monkeys that you are.

>>57865476
>NYC retards would rather rope than consider that the country is bigger than their roach infested hell hole
You won't be missed

>>57861767
Adjusted for inflation yeah it's probably like making 50k 20 years ago.

Bump

>>57863219
this is bullshit. you cannot be making federal minimum wage after covid lmao

>>57861849
That feels about right. In the late 90's early 2000s's minimum wage used to be able to cover a shitty apartment and living expenses with a tiny amount of money leftover for a little bit of playtime or to save. Now that same minimum wage (which has not been raised since 2009) is a few bucks above official poverty level, assuming one works 40hrs a week. A minimum wage job means you have to share an apartment with another wagie to be able to qualify for food stamps or live with your mother and qualify for no aid at all, because the "household income" disqualifies you.

"Minimum wage was never meant to be a livable wage" or "minimum wage is for teenagers" are lies that have been perpetuated for so long that people actually believe them, utterly forgetting the meaning of the words or the INTENT behind "minimum wage." It used to be a minimum wage required to pay your employees in a first-world society. Most minimum wage jobs now are worked by people working part-time who need a second (or third) job, bored retirees who also could use a few extra dollars, young workers trying to put a line of experience on their resume, or by really low-quality workers who use it as a means to work the absolute minimum to maintain their cycle of unemployment and jump in and out of employment (and live mostly off unemployment or some kind of Welfare benefits).

Why should anybody work for minimum wage when a teenage girl can get pregnant and have the government give her a free apartment she doesn't have to share, free food, free healthcare, and lots of other free things? Minimum wage is not minimum wage when you're paying non-workers more. It is slave wages.

>>57861767
you earn a literal rug pull currency. controlled by scammer devs. it's called fiat.

>>57861816
Yeah i don't think you can compare that.
Even in the US itself there is such a huge gap in income and cost of living depending on where you are living.

>>57865258
homosexual redditor detected

>>57861767
Studied 5 years to be an architect. Starting salary is around 32K. Even with several years experience and professional exams jobs seem to top out around 70k until you're basically running a company, at which point it's difficult to even say how much you are making because it's not salaried and also you have huge risk attached. We're all sued multiple times in our careers generally.
I see many experienced engineers also making around 60-70k.
I know from working in the public sector here that people with degrees and reasonably difficult jobs are making around 40k in public roles. Managers are making maybe 50k and very senior maybe 70k.
So yeah I'd call 100K very good still. I guess you might not think so if you work purely for money in a finance role for example but most professionals would say it's good I think.
True poverty is having to wait 300 seconds to post. Jesus fucking christ.

>>57861767
i make $113k and live fairly frugally. it's not that much if you live in a large city or in the suburbs of a large city.

>>57861924
>dude just ignore the single largest recurring monthly expense that you will ever have (rent or mortgage)
shut up you brain dead NIGGER

Garbage man is actually one of the best jobs in this current day and it's hard as fuck to get into the business. No pressure and you can listen to music or podcasts while working. You don't need to talk to anybody. I wish I had become one when the economy was good and nobody wanted to be one.

>>57873211

>>57872589
>Market doesn't recognize the concept of minimum wage
>Government enforces minimum wage
>Market corrects by slowly making minimum wage reflect its real market value

Economy at work

>>57861816
Rent in america is like 4k a month plus you need a car to get anywhere (another 1k a month)

>>57873393
>Reddit space
>Le market is based, it makes people poor... because...

>>57867705
Literal 8 year olds get gfs.

>>57862641
>Housing has crashed in real terms for decades, it's only boot licking wagie slaveminds like yourself that think housing is expensive
this is an average across the whole U.S. rather than the places people actually want to live, though. I'm a 3rd gen Californian and median housing prices are well over $700k.

>>57873525
No it's not.

>>57873730
The market IS.
A boulder won't stop rolling down the hill just because you want it to stop

>>57863530
haha midwit can't into the difference between survival and being upwardly economically mobile.

>>57874358
The value of money comes from the ability to compete with others for items with it. You do this by paying more than them or having the ability to pay at all. If you make substantially more than the median salary then that de facto means it's a good salary.

>>57861767
The entire phrase "six figure salary" should be retired. It has been decades since its original meaning. Up until 2019 it was hanging on to a shred (a scrap, really) of relevance but now it's a total joke. If someone doesn't give a specific 6 (or 7) figure number, I know they're low IQ

but it'll probably stay as a normie trap for a while. many are still dreaming of making $102,000 per year lmao, as if that gets you much.

>>57874662
Most families are dual income. $102k + $75k from the wife is $177k. That's excellent money. You can afford a $750k house with that.

>>57874813
sounds like a nearly totally independent statement from what I'm commenting on. tangentially related.
>$177k. That's excellent money.
I agree. cool

>>57865212
What book?

>>57874883
It's not. Because as I said, most families are dual income. And most people belong to a family.

>>57861767
>Is a “six figure salary” shit now?

Nope.

>>57865330
>12%vs22% is not nothing
are you serious right now?
marginal. rates.

>>57875084
>It's not. Because as I said, most families are dual income. And most people belong to a family.
nobody cites their household income when saying they make 6 figures. bro what are you trying to reach at?
yes, if you combine 2 incomes it becomes better. If your argument is that family formation is good, I don't disagree. I'm not sure what you're trying to prove here

>>57863553
That looks about right.

>>57875313
>nobody cites their household income when saying they make 6 figures
I know. I'm not saying they do. I'm saying six figures is still significant income.

>>57861816
>>57862038
Euro Anons, I'm a remote-working American currently making around $250k base salary and am looking to get a digital nomad visa to Budapest or Bucharest (or maybe Spain). Can you anons offer any advice or things I should know?

>>57861767
It's the same like "who wants to be a millionaire" which has been around for decades yet still has 1 million as the biggest prize

>>57862107
I worked minimum wage jobs ($10/hour or less) for all of 2017-2022. IDK what you're talking about Anon, if I weren't lucky from my crypto investments, I have no idea how I would have been able to survive (and I regularly wondered how my coworkers DID survive on such a pittance). Not to mention, doing that kind of work is so much more exhausting and miserable than high salary work (I worked on construction sites and at grocery stores).

I truly don't understand how people in the US could raise a family on less than $125k per year. Especially if you don't own a home.

>>57865189
holy fuck, a picture of someone from the same city, this must be your lucky day

>>57861767
It kinda is to be honest. I make nearly 200k, and it just feels like enough to live an average lifestyle as a single guy.

>>57862126
>>57863338
I was making $120k base salary living in a city with no car payment and was still only able to save up like $1k per month (if that). My rent was $2300 plus probably $300 more or less in utility costs (gas heating). Car insurance was $120, gas was nearly $5 per gallon and I had a 30+ min commute to work. Plus I refuse to eat shit so I was paying AT LEAST $50 per day in food (for two people).

I think people who don't understand the "paycheck-to-paycheck" thing probably are happy with eating shitty food. My food bill is very expensive (like I said, AT LEAST $50 per day).

Steak is $30 per pound at least, even vegetables like asparagus are $7 per pound, romaine lettuce is $4 for a head, etc.

>>57862038
esti dinala bogatan da-te n pl

>>57863338
The caveat is always

>Only people living in the city

I've never met a person who has done the "go live in remote bumfuck place" LARP who hasn't eventually regretted it and taken every opportunity they can to visit a city to escape the boredom of living in the middle of nowhere. The other option is living in some shitty suburb full of strip malls and drive throughs.

>>57875623
you just choose places to live based on the vowels?

>>57875819
you can eat quality food without eating steak and asparagus every day you know
asparagus is considered quite premium and seasonal over here at least

>>57875811
Where do you live? I'm making probably around $220k-250k now (hard to tell exactly because contract) and live in salt lake city and can say that having this income feels like more than "the average american lifestyle." Making $120k felt like "the average american lifestyle" but now I'm doing everything I want, make no efforts to really "save", I have a GF and pay all her expenses, and can still put away $10k per month.

>>57875860
Yes, it has to rhyme with "hoola fest" and have a good digital nomad visa

>>57875623
Yea fuck off were full

>>57875907
Around the DC area. So cost of living is definitely higher.

Is this American cope or something? Stop ordering Uber eats every single meal, what the fuck.

>>57876140
DC is very expensive. Had a job offer there around a year ago and it would have sucked.

>>57876226
Unless you're a single guy, $100k really isn't that much in America if you're just living a regular life. Even if you are a single guy, you're not 'balling out' off of $100k per year.

>>57861767
It is completely true but everyone is coping. My renters are clearing 6 figures!

>>57876358

What the fuck is 'balling out'? Doing coke 3 times a week? Please tell me how much you would spend on rent, food and utilities every month to live a "comfortable" life.

>>57863377
>>57864784
House is one thing that you should spend a bit more on if you're buying. Living around poors is a curse, and owning property around them is also going to drag down the value. You want the worst house in a good neighborhood.

It literally is. That's like 60k take home after taxes, 401k, etc. People fail to realize just how much everything is, Toyota's new cars are 40k+, fast food is almost twice the price it was 5 years ago, rent and mortgages are a shit ton more, etc.

>>57867326
Why do ugly people still exist?

>>57876493
>What the fuck is 'balling out'? Doing coke 3 times a week?

Yes. No one said anything about "living comfortably." Driving a 2022 Kia Sorrento to your 2 bd/2br apartment and going out to a nice dinner a couple of times per week isn't "balling out."

>>57877474
Ask Kalergi

>>57876758
This Anon gets it. I have a friend who just got a 4Runner and it will be over $60k after financing.

IDK why anyone would just want to deny the reality of things. It is like they get some feeling of superiority at having low expenses?

>>57862786
bro no one cares about your fake degree about fake science, either youre rich or you arent, wealth is the ultimate metric of your intelligence

>>57861860
Woah a heckin' smartphone! That's like... 0.2% of a house. If only he stopped eating one smartphone every day along with his avocado toast he'd be able to afford a home in no time!

>>57861860
I am unable to effectively convey just how little empathy I reserve for my fellow man in current year +8. Normies especially so.

>>57863553
Inflation is a manipulable meme. The only thing that matters is the increase of the monetary base.
>Increase of the Monetary Base in the United States (January 2000 - January 2024)

>Objective terms:
>January 2000: $547.3 billion (https://fred.stlouisfed.org/series/BOGMBASE))
>January 2024: $10.5 trillion (https://fred.stlouisfed.org/series/BOGMBASE))
>Increase: $10 trillion (https://fred.stlouisfed.org/series/BOGMBASE))

>Relative terms:
>The monetary base increased by approximately 18.4 times over the period.
>This represents a yearly average growth rate of about 8.2%.

100k equals 1.84M today.
Anything else is a manipulable meme.

>>57878705
No, what matters is median salary vs prices of goods. Especially homes.

>>57872735
how can 100k be very good money. You can barely afford a mortgage on a median home.
100k
75k after taxes
35k after mortgage/tax/insurance
35k left and you haven't even paid for food, any bills or savings.
If you live in an area that is higher than average cost of living you'll have even less than that.
But like you said many people make much less than that so the actual situation is much worse for most people.
>>57874813
this just helps to prove 100k is not enough to live a normal life.
>just make 100k and marry someone who also makes 100k bro

>>57879029
I've just accepted that dual income is standard to live very comfortably. Girls joined the workforce, instantly doubling the workforce plus inflating household income. Therefore to keep up you must have dual income.

>>57861924
Wrong and intentionally misleading. Companies are pressured to maintain same margins on real inflation that they pay to operate.
Food and groceries are way up
All insurances are way up.
These are costs of living too besides housing.

>>57880254
Also forgot car and house appliance maintenance and plenty of other bs.
This isn’t about Starbucks and avocado toast , asshats

>>57879104
Yep they joined the workforce, doubling productivity, doubling the tax base - and we went from one income supporting 2 adults and 3 kids and a home to both adults barely affording one kid. And now they pay thousands for daycare (lol) and the family unit is destroyed and kids are raised by unknown public strangers

>>57861849
big mac in 2000 was $2.24
big mac in 2023 was $5.69
this is the only index i care about. $100k in 2000 is like $250k now. pretty rich unless you live in Boston / NYC / SF, you should never struggle at $250k unless you're a fucking retard.
so $100k in 2000 was about equivalent - a lot of money considering the country was a LOT more suburban back then.

t. made $200k until i quit wagecucking

>>57880338
Yes girls in the workforce and voting was a massive mistake. Personally, I just worked graveyard while the wife worked day shift. Somebody was always home so no daycare needed. My parents are also very active as grandparents and watch the kids every week day.

>>57875623
Do it, you will live like a king. Spain is probably the best choice because you'll meet other expats you can be friends with, in eastern Europe you'll just be a social outcast.

>>57863279
you weren't poor enough
if you have to worry about having a car to get to work you're already making too much money to understand comfy poverty.

>>57861767
yes it is. i work so hard, and i dont know why. i would have a similar take home at 80k a year because of the tax bracket, and i would be working about half as much. help me make sense of this.
t. 120 a year

>>57875907
gotta be 18 to post here, and its not worth lying to strangers on the internet

>>57875699
because you had some pride and self respect so you got a job and made too much money to qualify for gibs
you're not the kind of poor I'm talking about

>>57861849
I make 137k as a security guard

>>57863848
cool now tell me how much doctors make in the EU and ill tell you how many tens of thousands i make more than them as a highschool drop out in the US

>>57861924
I bought my house in 2016, make six figures, and am scrapping by. In fact my disposable income has effectively declined because my pay raises have not kept up with inflation.

Take my house. My payment to the bank hasn't changed but my taxes and insurance have increased so that they are now a third of my monthly payment.

>>57880647
>similar take home at 80k a year because of the tax bracket
That's not how tax brackets work

if you make 100k in canada you are a legit poorfag

>>57861767
100k is unironically still lives with parents tier at this point.
It is ridiculously stressful to live on less than 100k a year
>inb4 beans & le rice
Misery is stressful

>>57862516
Yes it absolutely can if your on the margins. For example, using very simplistic math, if you earn 100k with a 12% you have 84k. You get a raise to 105k but now you are at 22% your have 82k

>>57875313
Only if your going to DINK. If you want kids your back to square one.

>>57881602
Lazy, egotistical imbecile.

>>57881602
Retard. Look up how tax brackets work.

>>57881577
On $100k, you should easily be able to afford $3k per month in rent expenses and $50 per day for food and then some. You’re not living in luxury but “living at home with parents” is extremely hyperbolic

>>57863059
Only based post itt

>>57863377
I am doing that

>>57863377
Ygmi king. Keep buying and holding bitcoin

>>57862184
>100k in US is like 15k in europe
Delusional. There are many places in the US where $100k is still an excellent salary. There are cities where it will not be enough to buy you a house within an 60 minute commute after a decade of saving every penny not spent on necessities.

>>57861767
>Going on Reddit