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Can a single guy live like a king for 50k a year?
Posted on 1/27/16 at 3:06 pm
Posted on 1/27/16 at 3:06 pm
Could he ball out? Go for trips to Bora Bora or Istanbul for a few weeks on his off time? Get his own boat?
Posted on 1/27/16 at 3:09 pm to Boo Krewe
not likely. lots of variables though.
Posted on 1/27/16 at 3:11 pm to Boo Krewe
Even if you had free room and board, likely not.
Posted on 1/27/16 at 3:13 pm to Boo Krewe
You should at least double that number.
Posted on 1/27/16 at 3:15 pm to Boo Krewe
I knew a guy that did.
He had a little camper he lived in and a workshop he parked it next to and connected utilities to. He golfed, fished, did what he wanted.
He had a little camper he lived in and a workshop he parked it next to and connected utilities to. He golfed, fished, did what he wanted.
Posted on 1/27/16 at 3:17 pm to Boo Krewe
The Traveling cheaply would be the easy part.
Its the other shite that's expensive.
Its the other shite that's expensive.
Posted on 1/27/16 at 3:27 pm to Boo Krewe
It's pretty clear you're an alter. And your posts suck, FYI.
This post was edited on 1/27/16 at 3:59 pm
Posted on 1/27/16 at 3:39 pm to Old Sarge
quote:Not a king. How many kings you've heard about who live in a camper?
I knew a guy that did.
He had a little camper he lived in
This post was edited on 1/27/16 at 3:41 pm
Posted on 1/27/16 at 3:45 pm to LSURussian
Well he did what he wanted when he wanted unlike us responsible types with homes, real jobs and families so we were always jealous..
Posted on 1/27/16 at 3:47 pm to Boo Krewe
If you're working remotely from Colombia. Hell yeah you can.
Posted on 1/27/16 at 3:52 pm to Boo Krewe
Easily.
*If* you don't blow it on eating out every day, don't buy too much house/car/etc.
So..selective ballerin'.
*If* you don't blow it on eating out every day, don't buy too much house/car/etc.
So..selective ballerin'.
Posted on 1/27/16 at 3:55 pm to Menji
not a chance, unless you're eating spam and buying clothes from walmarks
Posted on 1/27/16 at 3:55 pm to LSURussian
Hypothetically speaking, with zero mortgage and no car note, single and no kids...50K is a lot of money.
Posted on 1/27/16 at 4:01 pm to Old Sarge
quote:
live like a king
quote:
I knew a guy that did.
He had a little camper he lived in and a workshop he parked it next to
uh no
Posted on 1/27/16 at 4:03 pm to Boo Krewe
I make more than double that and I don't "ball out" in bora bora.
As was said before, if you don't have a house or car note, you probably could at $100,000. However, assuming that the person in question has a half million dollars in assets is a big jump.
Rent: $2,000
Car Note: $750
Boat Note: $750 (you should never finance a boat)
Boat maintenance and storage: $250
Food: $750
Entertainment: $1000
You're at $66,000 cash right there. You'll need to make over $100,000 to bring that mug home after taxes and deductions.
As was said before, if you don't have a house or car note, you probably could at $100,000. However, assuming that the person in question has a half million dollars in assets is a big jump.
Rent: $2,000
Car Note: $750
Boat Note: $750 (you should never finance a boat)
Boat maintenance and storage: $250
Food: $750
Entertainment: $1000
You're at $66,000 cash right there. You'll need to make over $100,000 to bring that mug home after taxes and deductions.
Posted on 1/27/16 at 4:06 pm to TheHiddenFlask
nm
This post was edited on 1/27/16 at 4:12 pm
Posted on 1/27/16 at 4:11 pm to Iowa Golfer
quote:
750 car note? I'd not do this. Ever. That's me. Buy a used BMW or something if you want an expensive car.
I thought my $300 note sucked. I must be such a cheap bastard
Ball out would be hard for me to do regardless of income I guess. I'd be like Whoopi handing over that check to the nuns in Ghost.
This post was edited on 1/27/16 at 4:13 pm
Posted on 1/27/16 at 4:17 pm to Paul Allen
I made ~$50k living at my parents house for the first 2 years of my career our of college. No rent, no car note, no food, no utilities, etc. I literally paid for nothing except food and booze.
I lived like a college kid putting ~$500 in checking and the rest into savings every paycheck. That $500 is what I lived off of and I still had a lot of fun. Could I have lived like a king if I spent the rest? Probably not. That's not my style anyway, but financially I could have done some cool shite but living like a king would be stretching it. Wouldn't have mattered as I didn't have the time.
I lived like a college kid putting ~$500 in checking and the rest into savings every paycheck. That $500 is what I lived off of and I still had a lot of fun. Could I have lived like a king if I spent the rest? Probably not. That's not my style anyway, but financially I could have done some cool shite but living like a king would be stretching it. Wouldn't have mattered as I didn't have the time.
This post was edited on 1/27/16 at 4:21 pm
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