/biz/ - Business & Finance

[Anonymous No.13607994]

>tfw finally in the 5 figure club

Holy fuck I'm rich I can live for a year on 10k and be comfy

[Anonymous No.13608014]

Props bro. One day I'll get there.

[Anonymous No.13608017]

Holy fuck in 3 figure club will buy curry and spare tire

[Anonymous No.13608020]

>>13607994
I'm sure you're larping but I spend 10k a month and I'm only upper-middle class. Do you live with your parents still or something?

[Anonymous No.13608039]

>>13607994
Congrats brotha hope to reach there soon after this bull run .. I have some Altcoins which I hope when BTC consolidates will pump those some more ! Cheers all

[Anonymous No.13608050]

>>13608020
on fucking what?

[Anonymous No.13608064]

>>13608050
Hookers and cocaine, obviously.

[Anonymous No.13608066]

>>13608020
The fuck do you spend 10k on retard

[Anonymous No.13608070]

Congrats anon, can’t wait till inget above 10k. At 3.6k right now. Probably ad another couple grand here soon

[Anonymous No.13608183]

>>13608064
Why cocaine though? Why not just more hookers? Doesn't cocaine make your dick not work? I've never understood this meme.

[Anonymous No.13608201]

>>13608183
It's generally said by people who have never done cocaine but want to seem cool and that's what they see in movies

[Anonymous No.13608224]

>>13608183
no you can fuck on cocain like a beast. amphetamine and meth makes it dump

[Anonymous No.13608261]

>>13608224
I can get raging boners on meth and adderall, and cocaine

[Anonymous No.13608351]

>>13608020
I live in Florida a few miles from the beach out in the suburbs of a million+ size city. The mortgage on my condo is $150 a month (bought at the bottom in 2008), HOA fee is $138 a month. Gigabit internet is $79, lights are $100, food is $200, toiletries are $100, eating out twice a week and drinking cafe at the nearby cafe costs about $300 a month. Basically life is beautiful, I live in paradise and it costs a grand total of slightly north of $1000 a month. I could live on $12000 a year and live beautifully.
I have $300,000 in crypto :-)

[Anonymous No.13608356]

Welcome to the Whale’s Club son glad you figured it out!!

[Anonymous No.13608384]

>>13608020
Never gonna make it

[Anonymous No.13608388]

>>13608183
Cocaine really is great... I mean, I did all of that stuff when young and poor so I couldn't get full blown addicted but the first time I ever tried cocaine I woke up the next day and thought, "I should buy some more of that"

Lucky to get all of the drug stuff out of the system as a teen

[Anonymous No.13608423]

>>13608351
>HOA fee is $138 a month
Then you live in a dump

[Anonymous No.13608435]

Same bro, made the 5 figure club last night. We'll prob bounce back to the 4 figure club before we hit the GBR though

[Anonymous No.13608442]

>>13608351
>living in a HOA

[Anonymous No.13608459]

>>13608020

Move out of California you fucking idiot.

[Anonymous No.13608463]

>>13608050
>>13608066
2k mortgage, 1k on two car loans, 500 insurance, 500 utilities, couple grand more in food, entertainment, necessities.

After that it's the occasional big purchase that adds up like new computer, new tv, new furniture and what not.

It's pretty easy to spend 120k a year in upper-middle class. Sure I could cut it down to like 70-80k if I wanted to save more.

[Anonymous No.13608464]

I'm on the half way to the 4 figure club

[Anonymous No.13608478]

>>13608423
>Then you live in a dump
Actually the place is really nice. The HOA is run by some extremely fiscally responsible people. Another set of condos within walking distance has almost $500 a month HOA fees and our amenities are better. Our gym is nice, clean, and well lit with excellent up to date equipment, our pool area is immaculate and just recently got remodeled with a nice patio deck, and pergola, the grass and lanscaping is immaculate at all times, there are very few undesireables mucking up the place, the car wash, trash pickup, etc etc. are always in perfect working order. The community is gated. I mean, I'm sure you could find something "better" but this place is pretty friggin' great.
>>13608442
>>living in a HOA
When you're over 40 you'll understand.

[Anonymous No.13608481]

>>13608351
My property tax on a 260k house is 4k a year.

Literally property taxes are 40% of your 10k.

[Anonymous No.13608492]

>>13608463
>Car loans
>$500 on insurance
>$2K/mo on food and useless shit

lmao, you might be "making it" by your definition but by being that wasteful you are wasting any chance at being filthy rich. Imagine if you lived on $2K a month and put the rest into BTC. I guess if that's how you want to live and you can afford to do so, but it just seems like a waste to me.

[Anonymous No.13608499]

>>13608481
My property taxes were $30 last year and speaking of taxes, since I live in Florida there are no state income taxes so that's even more money in my pocket.

[Anonymous No.13608517]

>>13608492
May seem wasteful to you but I've made 300-400k a year for the last 4 years so I still have a lot of savings.

[Anonymous No.13608524]

>>13608499
>no state income taxes
Best be keeping that state red, fren

[Anonymous No.13608533]

>>13608517
Are you able to continually make that for the rest of your life?

[Anonymous No.13608575]

>>13608533
No idea, probably not. I started my own business, it took about 2 years to get it really going and then have had 4 great years. No guarantee it lasts forever though but worst case scenario I work as a programmer at Dell or some hellhole and make 100k+

[Anonymous No.13608599]

>>13608575
I hear ageism is a big problem in CS, is it true? I figured it was something like your own business. Just saying, you get paid a fuckload of money most people would unironically murder for, seems like a waste to spend it on jewish tricks especially if the future is uncertain. You're far better off than I am though, so what do I know I guess.

[Anonymous No.13608625]

>>13608463
jesus dude learn some financial skills. your a joke

[Anonymous No.13608639]

>>13608599
Most programmers max out their salary in their mid 30s. It can be really different depending on how lucky you get and where you work.

I know a guy making 300k working for Amazon. I don't actually know any 50+ programmers.

[Anonymous No.13608659]

>>13608625
lol? k

[Anonymous No.13608671]

>>13608463
Im with you
The people disagreeing must be young or NEETs
If Im kinda frugal I can get by with under 7K a month

[Anonymous No.13608692]

>tfw spend $0 a month
>all goes into crypto
>if my parents ask for rent I tell them to fuck off

Wagie living with mommy is top tier

[Anonymous No.13608700]

>>13608671
Yeah prolly NEETs or single dudes sharing an apartment paying $400 a month in rent.

If you are a family man in middle to upper middle class you are looking at like 80k a year in expenses at least.

Mortgage, car for you, car for wife/kids and all of the other normal bills add up quick.

[Anonymous No.13608743]

>>13608183

PROTIP: When taking stims, use 6 grams of L-Citruline Malate (2:1 ratio) and you will stuff the pig with your engorged stick.

[Anonymous No.13608747]

>>13608743

Fyi, takes an hour to kick in.

[Anonymous No.13608789]

>>13608700
What's your yearly income?

[Anonymous No.13608790]

>>13608700
>breeding carless women

just lmao

[Anonymous No.13608809]

>>13608700
nah you just suck at budgeting

I hear stories all the time of dumb boomers who have a leak in their piping and pay $500 a month on water/sewage for years and just ignore it or send their kid to some meme university for 30-50k a year because she just looooves the area or pay for their kid's rent instead of using the empty bedroom in their heavily mortgaged home or buy at the top of the real estate market and sell at the bottom over and over again

[Anonymous No.13608845]

>>13608790
It's okay bro. One day you will meet the right girl and truly be happy. Until then keep shitposting like an edgelord. I didn't understand what it felt like until it happened to me.

[Anonymous No.13608852]

>>13608809
I love getting financial advice from people who make less than 50k a year. Please continue.

[Anonymous No.13608869]

>>13608852
>I love getting financial advice from people who make less than 50k a year
Can you answer >>13608789 ?

[Anonymous No.13608890]

>>13608869
I did, here.
>>13608517
Also follow up here
>>13608575

CS degree / minor in business. Age 30. 100k in crypto.

[Anonymous No.13608906]

>>13608845

you seem to be wishing me the best so I will do the same. You should really have a serious conversation about finances with your loved one. Spending frivolously is not prudent and if you give a single shit about your family you owe it to them to have a deeper understanding of the the currency that affords their lifestyle

[Anonymous No.13608916]

>>13607994
I'm at about $9k, almost there with you /biz/bro

[Anonymous No.13608938]

>>13608463
Shit. I made about 150k last year between salary and dividends and spent 22k. You have a spending problem.

[Anonymous No.13608939]

>>13608906
I put 60k into my mortgage this year and refinanced into a 15 year traditional loan which is going to pay off my mortgage by my 40s even if I just pay the minimum.

My car loan will be paid off this year.

It's a delicate balance between enjoying your youth and having fun and also saving for the future. If you want to save every penny until you are 50 that's up to you. I'm going to enjoy life a little more than that but not go so crazy that I end up broke if I run into some bad luck.

[Anonymous No.13608940]

>>13608890
Oh, sorry about that.

Okay, so let's say you're making $350k per year and you're spending $90k per year. That means you're saving 75% of your income unless I'm off about your spending.

I make around 50k and save 70% supporting a housewife (although I have no child), so I see absolutely no issue with your budgeting skills yielding 75% while you have kids and what not. You're doing great and you've clearly pivoted toward good decisions based on knowing your cost of living. What you buy might be unnecessary at times, but unnecessary spending shouldn't even register unless it's affecting your bottom line. Good on you.

[Anonymous No.13608960]

>>13608938
I really have no idea how you possibly live on 22k a year.

I would have to share an apartment with someone, buy a shitty beater car and eat cheap food everyday.

[Anonymous No.13608962]

>>13608940
>supporting a housewife (although I have no child)
She's not your housewife then. She's your prostitute.

[Anonymous No.13608986]

>>13608940
>>13608962
Don't listen to jaded 4channers. No one understands your relationship better than you do and most of the guys on here suck with women and relationships.

There are guys such as myself that believe in old school traditional relationships where the wife doesn't work and takes care of housework (and eventually children).

Doesn't make her a prostitute and in fact that is how most relationships worked when men could support a family on a blue collar salary.

[Anonymous No.13609011]

>>13608962
Children don't confer a woman's value to me. Her sharing the same core values as I do confers her worth as a woman to me and based on that, I will always honour her.

>>13608986
If I cared what the posters on this site thought, I wouldn't have even been in a relationship, never mind marriage. I absolutely champion the housewife - she does everything for me and she's been with me since I was broke. I'll always honor her based on sharing core values with her.

Good job again on how your bottom line looks, btw.

[Anonymous No.13609029]

>>13608183

Correct anon.

Cocaine = no boner, Meth = raging boner.

[Anonymous No.13609059]

>>13608986
>There are guys such as myself that believe in old school traditional relationships where the wife doesn't work and takes care of housework (and eventually children).
wtf does she even do all day? That's retarded. In an "oldschool relationship" she would be taking care of like 5 kids.

[Anonymous No.13609069]

>>13609011
You too my friend. I'm in a pretty good mood today since I rode a nice 20% alt pump.

Haven't made this kind of money since 2017. Hope we get more of this.

[Anonymous No.13609079]

>>13608940
>saving 70% per year
You shouldnt even have that much after taxes

[Anonymous No.13609161]

>>13609059
I work from home. We spend all day everyday together. We go to the gym together, walk our dog, watch tv/movies in bed while I work on my laptop. She is my best friend. She keeps the house clean, does laundry etc.

[Anonymous No.13609193]

>>13609161
holy shit that sounds torturous. How do you not drive each other insane? Is this a new relationship?

[Anonymous No.13609212]

>>13609161
i've never been in a relationship before, i wish i could experience this

[Anonymous No.13609217]

>>13609193
Nope been together a year, never been in a fight. Haven't went a day without talking to each other since we met. She moved in after about 2 months. Those people you hear about that meet "the one" and you think it's made up hollywood bullshit (I use to think it was bullshit too), we unironically have that.

Sometimes it still feels too good to be true. I had some shit tier relationships in the past and never thought something like this existed.

[Anonymous No.13609243]

>>13609217
>one year
bro you're still in the honeymoon phase. I don't want to shit on your parade but that isn't going to last a life time.

[Anonymous No.13609248]

>>13609212
I met her at 29. Had 10+ years of shitty relationships to figure things out. Keep your head up and the right girl will surprise you when you least expect it.

Just focus on being the best version of yourself. Workout, focus on your career and friends. Try to go out some, you wont have a lot of luck meeting a girl being in your house all day.

[Anonymous No.13609260]

>>13609243
Idk about that one, usually the "honeymoon" phase is like the first 3 months when your hormones are going so crazy that you overlook someones flaws because all you want to do is fuck them all day long.

Never heard of 1year+ being honeymoon phase still. We have lived together for 10 months, what is she going to surprise me with at this point?

[Anonymous No.13609263]

>>13609079
Why not? I'm great at budgeting.
>>13609193
>holy shit that sounds torturous
Only if you can't conceive marrying your best friend, which is what a wife who shares your values is supposed to be. His relationship is much like mine with my housewife too. If you associate lots of time spent in proximity to one's wife with torture, it says a lot about your inability to produce harmony.

>>13609217
Congrats, brother. We're five years in and we've still maintained the spirit a newer relationship like yours has. That's what happens when you marry your best friend, whose values you share.

[Anonymous No.13609281]

>>13609217
Man I had the same thing happen to me. We moved in together after 6 months of dating. I've now been single for 3 years. You're in the honeymoon phase my guy. There's a duality to everything, nothing can feel so good without an equally bad consequence brewing.

[Anonymous No.13609285]

>>13609161
Why aren’t you doing that laundry so you can sniff her gussets m8? You already lost.

[Anonymous No.13609316]

>>13609260
Have you never heard of the three year itch? Women get bored and are always looking for something or someone newer and better if there are no kids in the picture.

[Anonymous No.13609326]

>>13609281
I'm sorry that didn't work out for you. This isn't my first rodeo and I have had some long term relationships that went to shit in my early/mid 20s. I learned the hard way how bad relationships can be and what to avoid in the future.

[Anonymous No.13609343]

>>13609316
You can’t just combine all your mishaps into reality. Yeah this exists but it’s not a standard. Been with my gf for 13 years and it’s never been better desu.

[Anonymous No.13609356]

>>13609263
Sometimes I feel bad for people who are single and lonely or in shitty relationships (I spent a good amount of years there myself). Glad other people on here have found happiness.

>>13609316
I was cheated on and lied to in the past. I recognize all of the signs such as hiding their phone from you. When you spend all day with your gf/wife it's pretty easy to know there is no cheating going on.

I plan on getting married in a year and kids shortly after that. Kind of funny because a year ago I was thinking that I'm gonna end up single forever. One day can really change your entire life.

[Anonymous No.13609458]

>>13608986
>not marrying a breadwinner so you can live a comfortable life with no worries.
Instead of arguing with your wife about cleaning and cooking you hire services. She gets to fight with your boss you get to use all your extra income for whatever you want instead of scraping pennies so your wife can live at home like the 50’s. Grow up

[Anonymous No.13609467]

>>13607994
did you close your trade? you didn't make any money until you close your trade

[Anonymous No.13609487]

>>13608463
silicon valley?

[Anonymous No.13609525]

>>13607994
Poor people are disgusting

[Anonymous No.13609802]

>>13608960
even if housing costs 2k, you should be making your own food which is 50$ a week, 100 at most. So at worst 2400 a month, or 50k a year. your hobbies must be quite expensive. learn to read books and play in intermural sports leagues on the weekends like everyone else and you won't go above 60k a year

[Anonymous No.13609813]

>>13609802
i fucked up that math, idk why i did 23. that ends you up around 35k a year

[Anonymous No.13609862]

>>13608463
>identifies $4k in fixed expenses
>$2k in misc
So does that remaining $4k just get lost or what? Invest that shit (and not in TVs)

[Anonymous No.13609908]

>>13609217
>>13609260

>10k a month in expenses
>already planned a lifetime with a women he knew for only a year

yikes

[Anonymous No.13609969]

>>13608050
>>13608066
>>13608384
>spending $10k a month causes /biz/ to sperg out
lol so many poorfags on this board

[Anonymous No.13610009]

>>13608463
>Two
>Fucking
>Car
>Loans

[Anonymous No.13610022]

>>13608639
Ageism used to be a problem in SWE, but at some point the grievance study crew hit the industry and tried to shame them into hiring older programmers. Honestly, if your skills don't speak for themselves after you turn 40, you probably were never a good engineer to begin with -- by that time you should be designing entire systems without breaking a sweat.

[Anonymous No.13610036]

>>13608809
>condo association offers to install new insulation in my unit
>I think I'm getting fucked because it's 300 dollars
>already saved hundreds on heating costs
Sometimes life works out pretty ok.

[Anonymous No.13610246]

>>13608435
unironically those in the 5 figure club will be in the 7 figure club in 2022

[Anonymous No.13610985]

>>13607994
Sell, and invest in something else. Don't get greedy. In before

>fuck you jew I'm going to the moon!

No you won't. You'll get greedy and ride that shit up and down until you want to kill yourself. You don't necessarily have to sell RFN, but be prepared. I don't want to see you new school niggas get justed as much as us old school cats.

[Anonymous No.13610995]

>>13608020
>I spend 10k a month

[Anonymous No.13611044]

>>13608463
>you
>/biz/
checks out

[Anonymous No.13611051]

>>13610985
Im selling once my co-workers start talking about it

[Anonymous No.13611113]

>>13611051
Not a bad idea, but if it starts dumping, understand that in this market, you have hours at best to make the right choice, not days (unless you're up substantially). If this is truely a bull market now, you'll have dips and peaks until the next crash happens, but never assume the next dip isn't going to be the next crash. There are always other places to park gains if it's going down. Losing out on potential gains in the short term, but coming off substantially more wealthy than you were, is better than losing your ass in the long term.

[Anonymous No.13611117]

>>13609248
This, if she comes along you want to be ready

[Anonymous No.13611122]

Tfw finally hit the 6 figure club
Beautiful

[Anonymous No.13611202]

>>13611051
that was my sell signal the last time.
When they started mentioning it 2/3+ days out of the work week.
I should have sold then. The bear came a couple of days after that started happening.

[Anonymous No.13611316]

>>13608463
where do u get a 2k mortgage but $500 on utilities

[Anonymous No.13611372]

>>13611316
A 1500 square foot house with a pool is $500 is easily utilities not counting winter heating
$350 electric
$150 water
And thats a rather small house

[Anonymous No.13611401]

I was once exactly like you OP. Then December 2017 came, and I was able to play with 7 figures.

[Anonymous No.13612042]

>>13608960
At university I used to manage with £5500 ($7150). I came out of uni with gaming pc and savings because I was very frugal, shared rent ofc etc