/biz/ - Business & Finance

>>50673630
>"$100k salary isn't even alot anymore bro"

that was my exact vibe in college and now I make 170k lol

>>50673630
why does this gamer slob always have such great takes lol

>>50673630
I miss playing Mario Kart and Mario Party with my college roommates.
I don’t miss them playing beer pong right beside my bed when I had an 8am exam the next day.

>>50673809
thanks anon, i just saved this pic as "the take".. maybe i'll think of one someday. if i do you'll see it on www.4chan.org/biz

It isnt though?

>>50674159
only if youre a saving ratelet

>>50674192
also known as: not a consoomer

>>50674217
no you dumb teenager, its about mortgage vs renting, car lease, gas etc.

I had two streaming subscriptions, bought $60 videogames, and went to coffee shops as much as I could on my way to my first $100k.

At this level its less than 1% of your money

>>50673630
This pic reminds me of my roommate in college. The dumb fucker is a recovering heroin addict and I'm pulling in almost $200k per year helloo

>>50673809
Kek this

>>50673630
60k after tax
40k after rent and utilities
paying back student loans?
car payments, insurance?
daily expenses
yeah you aren't left with a lot after busting ass for an entire year

>>50674334
They have no idea because they think they would live in the ghetto still if they were making 100k+ Instead of spending 3 times in rent and the rest disappearing to their new tax bracket.

6 figure salary isn't shit. I dont know why this is controversial. I was making figures living in rural kansas and couldnt afford a house. 6 figures is fucking nothing. $200k a year is lower middle class. $100k a year is minimum wage

>>50674334
Not even factoring in the woman tax.
>marriage
>her spending
>her health issues
>her divorce

>>50673791
same. it was my vibe in university too and i'm on 265k now. lucky but still lmao

kek that looks just like my apartment

>>50674507
Before the fed inflated housing bubble a house was 2 years wage. So in California i'd have to earn 300k to live like my parents did.

>>50673630
would take 5-10 minutes to tidy that shithole.

>>50673630
video games are insidious time traps. i wish i had not fallen for them

>>50674402
>not living as cheaply as possible with a roommate even when making over 6 figures

>>50674554
>associating with American women let alone marrying one

>>50673809
its funny bc he originated by women using him as a meme for "she needs to be a 10" or "she needs to be attractive" and the caviot being he is a mess, but he evolved into being a chad and shitting on the women trying to roast him shit so i praise him for it. fuck women

>>50673630
Imagine the smell

>>50674334
>paying taxes
>renting

>>50674952
>not living as cheaply as possible
Legit. Just live like a penny pinching miser, save everything, and put it all into mutual funds. Compounding interest is legit! You'll be rich by the time they put you in a coffin. And your heirs will wonder what took you so long to die. Just trust the plan bro and remember to pay yourself first. And besides, living frugally is good practice for owning nothing and being happy about it.

>>50674334
>paying back student loans?
>car payments

You're a retard that makes bad decisions

>>50673630
>recently went from making 70k to 100k

After taxes and mortgage I have an extra 1000 bucks a month. I live in Australia so it's a high cost of living.

My life is a fuckload better, I no longer worry about money because I still live like I make 70k a year, its called having a tiny amount of self discipline and avoiding lifestyle creep. If you earn 6 figures and are still poor or living paycheck to pay check, you deserve it.

>>50673630
>Dude I wouldn't even get out of bed for anything under 100k, its not worth my time
>can I borrow 20 bucks?

>>50674554
Just marry a woman who makes as much as you or more.

It’s true, then again I’m available to make a living with just under 30k before taxes.

I'm this thread alone there are 3 anons claiming to make over 100k. What the fuck is this larp reality

>>50675821
Depends where you live. In high COL bluestate shitholes, 100k is basically the same as 40k in the boonies and anything less than that is pretty much below the poverty line.

>>50673630

>>50673630
I earn 36k pre tax and I manage to live a normal life. I have a car, rent a 100sqm maisonette and I still manage to save 400-500$ per month and I dont live frugally
how do you not survive on 100k? Are all of you unironically just the consoomer meme who pays 1000$ per month for entertainment?

>>50674554
>her health issues
tfw literally paying for my gfs busted asshole

>>50673791
>>50674280
>>50674651
Same in my Uni and now I make 467k a year lolll

>>50673791
30k is a lot was my vibe, now I make 300k a year shit posting on biz

>>50673791
>>50676330
>>50674651
Same, it was my vibe in college too and now I make $622k lol

>>50675160
>live monk mode while having a good job
>put away $100k/year into mutual funds, and try to work somewhere that gives you tons of pre-IPO stock (a startup)
>let that shit compound over 10-15 years
>you now have well over $3 million and are still young

Want to make 6 figures or more? Listen to this mutt:

https://youtu.be/jVt2OdVhNOg

He isn't very polished in his delivery and looks like the 56% meme, but his advice is solid

>>50673809
this is mental illness

>>50676390
>18 hours ago
>1 view

Nice channel bro

>>50673630
I make $220k and still live with a roommate in San Diego.

>>50676076
>he didn't break the bussy himself

>>50673630
i make $95k and it's unironically not that much. between savings/investments/401k i put away about $35-40k/year which is the bare minimum i'll need for retirement.

>>50673630
If you're a normie with friends that make you spend money at bars, restaurants, vacations, you can save $1000 a month at most making six figures accounting for rent and car payments.

>>50673630
Yea it's not.

>>50676736
>San Diego
I can't imagine wasting so much on living expenses I'd feel horrible for the rest of my life thinking about how much money I wasted. I've always lived in the midwest though.

>>50674673
Clean your room.

American wages are obscene.

>>50673791
Damn that's crazy. I used to feel the same way in uni but now I make 880k a year. Lucky but still

>>50678021
>t. euro who only has to pay his taxes in order to get healthcare, education, public transportation, a social safety net to save him from homelessness, and some sort of a tolerable retirement pension

leading cause of bankruptcy in america is healthcare. student loan debt is over $1 trillion USD and these loans can only be discharged through bankruptcy in death or extreme mental/physical disability. public transportation only exists in like 6 large cities in the entire country, and it's overrun with violent niggers -- you NEED a car to get to work or the grocery store. our social safety net doesn't exist. if you get laid off you'll be lucky to get state unemployment that pays 50% of your wages for 3-6 months at the absolute most. most people cannot afford retirement. state run nursing facilities are hell on earth but they still have a multi-year waiting list.

>>50678053
>public transportation
What a fucking waste of money. I'm glad we don't invest too much in that shit because most of the country is NOT major cities.
>our social safety net doesn't exist.
God I wish. Niggers and single mothers suckle that teet for a living.

>>50678053
Also >only pay his taxes
European taxes are obscene. It's almost like you WANT to feed your money into the inefficient bureaucracy to decide how to spend your money while paying the middleman at the same time. (you don't want this)

>>50678053
Distorted view on failing social systems.

Student debt is the same here, everyone I know has conceded they will be paying it for the rest of their life.
Healthcare....ever had to wait 2 and a half years to get simple dental surgery? Know of someone who has died of cancer because the hospital backlog missed diagnosis and treatment until it is way too late?
Public transport is always a cess pool of violent knuckle draggers, there's a daily local news article about someone being assaulted or robbed at knifepoint on a bus, taxes don't help that.
There is no social safety net from homelessness unless you a single mom.
Tolerable retirement pension lololol. I'll tell that to my older family folk who have paid into the system (taxed going in) all their life and get almost fuck all out (also taxed coming out).

>>50678193
Anon has bought into the idea that the grass is greener. The reality is the more the government steals the worse things get. The things you think you're paying for are not really paid for proportional to the amount you pay in.

>>50678193
>Student debt is the same here, everyone I know has conceded they will be paying it for the rest of their life.
my student loan payments are $700 a month.
>Healthcare....ever had to wait 2 and a half years to get simple dental surgery? Know of someone who has died of cancer because the hospital backlog missed diagnosis and treatment until it is way too late?
do you know how much braces are in america? $5000, my sister had them. do you know how much insurance covers? $0. i've had coworkers die of cancer after draining their savings on sub-optimal treatment.
>Public transport is always a cess pool of violent knuckle draggers, there's a daily local news article about someone being assaulted or robbed at knifepoint on a bus, taxes don't help that.
fair enough, but at least it exists in more than a handful of cities in a country of 330 million people.
>There is no social safety net from homelessness unless you a single mom.
doubtful but okay.
>Tolerable retirement pension lololol. I'll tell that to my older family folk who have paid into the system (taxed going in) all their life and get almost fuck all out (also taxed coming out).
i pay 7.45% of my wage earnings until i'm 67 years old, after which i get $2200/month until the day i die. i plan on buying a home soon, but my rent alone is $1350 a month. that $2200/month has to cover EVERYTHING -- rent, utilities, food, transportation (remember, you need a car), and medications/healthcare that aren't covered by medicare.

>>50678107
Interest rates should be raises to double digit % so the UBI the rich has been getting for the past 14 years is cut off.

>>50678251
>fair enough, but at least it exists in more than a handful of cities in a country of 330 million people.
It's almost like you want to live in a country where the entire thing is packed to the gills with millions of people in a fraction of the space. No fucking thank you.

>>50678264
Higher interest rates = more banking profits. There is no winning especially with high interest rates and high inflation. Inflation will persist.

>>50673791
damn thats crazy I used to think the same thing in uni but now I make 967k. lucky but still lmao

>>50678272
i never said that. i grew up in a rural area, currently live in a suburban area but don't really like it. i would like passenger rail to be revitalized for long distance and inter-city travel. i would also like to see local governments provide sparse bus services for rural areas, so retirees, the disabled, and young workers have an option to go about their daily lives without paying the car jew.

>>50678334
Long distance trains are a far cry from typical inner city "public transport" which would remove the need for cars.
>without paying the car jew.
Owning your own car and having freedom is "the car jew" jesus christ you're dumb.

>>50673791
Wild. Now I'm at 1.5MM. Thanks Deloitte.

shitty meme, i earn the equivalent of over 100k usd in bongland, and feel poor as fuck. can afford everything i want in terms of consumable bullshit but what's the point if i can't afford a house? i'm working to make some landie rich

>>50678382
100k usd definitely goes further in the US, there are a lot more options.

>>50678347
parking, inspection/maintenance, fuel, registration, insurance, indirect costs of road taxes, tolls, etc. having a car is not freedom when everything around you is constructed such that you need a car to participate in society. ted kaczynski figured it out decades ago and only morbidly obese shartmarters deny it.

>>50673630
it’s not if you’re paying tax

>>50678395
So you'd rather pay a central planner to make the routes and tell you where you can go? Now that's some jewish great reset shit.

>>50674334
this. listen up little poorfags. the more you make, the more you spend. you can't live like a homeless person when you make money.

my rent alone is $3k a month

https://www.youtube.com/watch?v=cYgF_2hopKQ

>>50673630
how about 1.5k a year
>t. living in hyperinflation

>>50678501
how much gold did you buy before hyperinflation? I'm trying for 100oz of gold before my own currency hyperinflates.

Again, people in these threads are all retarded.

>>50674507
Tell me exactly what rural town you were living in and we'll see how (right or) wrong you are.

>>50674402
>>50678439
For the last time, you don't need to live downtown in the biggest city in your state.

>>50674334
>>50674554
You must be 18 to post here.

Straight out of college I got a job making $60k per year. I was able to pay rent ($600) and college loan payments ($700) for 1.5 years ($24000) and still have enough for a down payment on a house ($50k/$250k). Granted this was 4 years ago but $60k then was worth much less than $100k now.

I now make $100k+ and I'm spending $15k per year living in my own house. The only significant change from then to now is groceries are +50% (an extra $150/month max) and mortgage rates are double, meaning $1200/month instead of $800/month. So we're talking an extra $6600 per year and that's buying my own house and not worrying at all about what I'm spending on groceries and going out every Friday and Saturday.
If you can't save $30k per year you have a problem.

>>50673630
I made 110k in 2016, that felt better than making 150k in 2022.

>>50678926
>I was able to pay rent ($600)
>Granted this was 4 years ago
that entry level role likely pays $65k today. look up the rent on your $600/month apartment. over the past 5 years my rent has increased from $955/month to $1350/month (41%.)

>>50678251
>that $2200/month has to cover EVERYTHING -- rent, utilities, food, transportation
For the record, if you're still renting in retirement, you also have a problem. You should have paid off a mortgage by then.

>>50674334
Where do you live that is 40% tax?

>>50679043
Just looked it up. Admittedly I was a little surprised at this but it's gone up literally $100 and it's been redone.

I'm not murican so I dont' know how your salaries work, educate me. $100k salary is 8k per month, you can rent a nice appartment in the fine place in NY for 3k, 3k for food, and 2k for entertainment. So nice life for $100k salary in one of the most expensive cities in the world, what's wrong my math?

>>50679286
You're neglecting taxes but also if you're in NYC you're making way more than $100k.

>>50679313
How high are taxes? 60%?

>>50679418
No at $100k it's around 35%

>>50674334
bast

>>50678926
cringe

>>50673791
with inflation 250k is the new 100k

>>50674651
>>50676330
>>50676346
>>50676347
>>50678036
>>50678289
>>50678373
have a feeling these are all larps but i know people IRL who make every single one of those income ranges
thanks tech bubble

>>50678053
Frankly I'd rather pay just 35% in taxes like Americans and not be a slave of social security while saving and investing for my own retirement.
There's plenty of hoops you need to jump through to access the money that was taxed frombyou when you need it, I'd rather just access it when I decide that I need so.

>>50678373
Same vibes. $2.7MM a year now

>>50679097
a lot of Europe.

Let's take the UK as an example:

Salary - £100,000k ($123,000)
Tax + National Insurance (another type of tax) - £25,832 + £6837 = £32,669
Student loan (on this salary) - £6,816
Pension deductions (a very modest 4% contribution) - £4,000

Total - £56,515

Please bare in mind that residential property in the UK is some of the most expensive in the world, and that car ownership and car/fuel taxes are some of the most expensive in the world.
Also remember that to actually have a salaried employment of £100,000 in the UK is incredibly rare. It's not like the USA where this is at least somewhat common for skilled roles. Our graduate salaries for skilled positions averages around £27,000. The median full time employee in the UK earns approx £35000.

To sum up, if you're in the USA, stop fucking moaning. You can't comprehend how easy you've got it. High earners like myself get absolutely fucked in the UK/Europe.

>>50678021
EU social safety nets are the difference.
the money is fine but at the end of the day i'm just working while a EU NEET gets paid for existing

yes i know that the healthcare here is technically of higher quality, but what good is it when all of that stuff would bankrupt you even with insurance

>>50679570
>High earners like myself get absolutely fucked in the UK/Europe.
yeah huge complaint about euro is no incentive to work with how fucked taxes are, money is the only thing we have going for us in the US
i make an obscene amount of money and have opportunities to make even more
but at the end of the day i'm working so i could live like a NEET?

>>50678053
To add to what I said, social security here is heavily weighted in the benefit of the poor, the sick, and the lazy. If you have the audacity of being lower middle class or above, healthy and able to hold a job without being fired then you pay for everyone else and you don't have enough money to rise above your class.

>>50679620
>To add to what I said, social security here is heavily weighted in the benefit of the poor, the sick, and the lazy
the problem is hard cutoffs on everything.
i have known people who refused to get a job because they would lose money if they started working. or they are on government medicaid and they couldn't take a job because it didn't cover insurance, so they would lose their unemployment
when being lower class is literally worse than living off the bux, why bother?

>>50673630
>nobody is mentioning the subhumans wearing shoes inside the house
Are you all disgusting mutts?

It's really not though. 15% of Americans have a six-figure income, which is maybe 1/3rd of college graduates.

>>50673630
>my salary has to afford me shitty fast food, alcohol, travel and a nice appartment

>>50679603
>a EU NEET gets paid for existing
Not even, in France, probably the most socialist first world country, a neet gets 500 bucks a month. Being unemployed grants you about 60% of your previous pay but you only get it if you were fired from your job or if your contract had a time limit. That doesn't seems so bad but keep in mind that it's money you'd have been able to save anyway if you weren't taxed to death, except if you go out of your way to game the system but then you'd only make the bare minimum and you'll have a government employee breathing in your neck asking justifications for why you haven't found a job yet.

>>50679286
>you can rent a nice apartment in the fine place in NY for 3k
Nice
>3k
Absolutely not. Also New York is an open air sewer, no rich person really wants to live there if they have any common sense. Not when they can buy cheaper lakefront property in Florida with a lawn and pool in the back.

>>50679673
The solution to this would be universal basic income, it's a shit system but still better than what we have right now.

>>50679286
i make $95k a year and my take home (after taxes, health/dental insurance, and 12% 401k investment) is $5200 a month. it would be even less in NYC because their state and city taxes are higher.

>Make €1500 a month under the table and live home so no expenses
>Invest about €1100 a month
>Mfw I'm investing more monthly than my friend in Texas who makes 95k a year.

American consumption society was a mistake.
Every single meal he eats has been ordered from somewhere and he constantly buys useless shit. Then complains that he can barely make it due to high living costs.

>>50675821
100k aint shit these days anon, even people in this thread make that much
>>50678373
larp lmao the big 4 sucks balls, only way you could make a few hundred k a year there is making partner after sacrificing your 20s 30s and 40s

>>50679726
>in a modern society, i should have to work my ass off to eat beans and rice in my shared apartment
>interest rates and social safety nets aren't geared towards helping the previous generation and saddling me with obscene amounts of work and debt

>>50679603
>but at the end of the day i'm working so i could live like a NEET?
pretty based.

at the end of the day, you can just save up and move here later in life though if you wanted. It's very difficult for skilled Euros to move to the US to compete for jobs.

In the UK there is simply no point in actually trying. That's how it feels. The difference in take-home pay from £45k and £70k is barely anything, especially when factoring childcare benefits that you're eligible for at £50,000, but not eligible for if you earn £50,001.

Seems like a few people (me) are working very hard to get ahead, and we simply cannot because we're dragged down by everyone else. The taxes are too high, the cost of living too high. The USA is much better in these respects. In the US people who work hard/earn a lot, can save a lot and 'escape'. The best option for me if I didn't have inheritance on the way would be a 2 bed terrace in the South East. Depressing af.

>>50680417
>especially when factoring childcare benefits that you're eligible for at £50,000, but not eligible for if you earn £50,001.
those cutoffs exist in the US as well for certain things, that's why i know people who don't get jobs because they would literally lose money if they got a job

>can save a lot and 'escape'.
a lot of these upper middle class people who make good money still have something else keeping them at their jobs, mostly fear.
in america, nobody feels rich. with no safety nets you have people making over 200k a year worried about medical emergencies or going homeless. especially if they have a family

i don't really know anon. i just feel like i'm working for worthless shit. the highest paying jobs in the US tend to be bullshit.
the people trying to cure cancer make less than a fifth of the money that someone who trades stocks and does fuck all does

>>50676076
you should only do that if you were the one that busted it

>>50679938
You can make partner by 35 if you got in right out of school.

>>50675746

>>50678373
based big 4 chad

i earn fewer than 10k a year and save most of it yet americans live off loans with 20 times that

epic

>>50673791
crazy. that was my vibe at lamar and now i make 2 mil a month.

>>50679726
It could in the boomer era. In fact, that's the entire point of the minimum wage.

>In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.

- Franklin D. Roosevelt, the man who created the minimum wage

>>50685417
The minimum wage is what killed this country.

>>50685437
Yes, properly compensating and caring for the country's essential workers is what killed the country, not greedy kikes

There was once a time where you could work a minimum wage job, buy a house and pay for college with it, start a family, pay the bills, and STILL have disposable income left over.

I wish that era would return.

>>50685462
Yes, the minimum wage and the entitled lazy faggots it produced that are incapable of getting paid more than what the retards in suits say are what killed this country, go blame everything on the kikes you parasitic failure.

>>50685504
If the country doesn't live up to my ideals, then I don't owe it anything.

Anything less than the ideal has no right to exist and should be destroyed.

>>50685538
I certainly wished you were destroyed, but sadly cattle like you are the majority these days.

>>50680417
can confirm used to earn 70k and quit job for an easier one at 50k and barely notice a difference, just feels like I'm at a dead end and the only way to get affluent is to start a business which almost everyone else is trying to do already.

It really is bleak