- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Feeling broke on a $665K salary
Posted on 1/21/24 at 8:23 pm to Will Cover
Posted on 1/21/24 at 8:23 pm to Will Cover
Where does he live?
Obviously not saying he’s financially intelligent but anyone suggesting it’s hard to blow through $450k a year is probably a low income earner.
Obviously not saying he’s financially intelligent but anyone suggesting it’s hard to blow through $450k a year is probably a low income earner.
2
Posted on 1/21/24 at 9:29 pm to Robin Masters
Article is pretty dumb. Mostly just positioned as investment advisor critique.
On the other side, if you don't go through a progression of higher income then it's pretty tough to comment. The purpose of income is not to retire and do nothing sitting at home because now you can afford to do that. It is to live and enjoy your life and, yes, balance is important in spending and saving.
Most of you speak like if you made that much then you would only work a few years and then retire. Pretty worthless view. Yes, if you make more you will be wanting to spend more. And you should, the purpose of life is to live it and enjoy it.
On the other side, if you don't go through a progression of higher income then it's pretty tough to comment. The purpose of income is not to retire and do nothing sitting at home because now you can afford to do that. It is to live and enjoy your life and, yes, balance is important in spending and saving.
Most of you speak like if you made that much then you would only work a few years and then retire. Pretty worthless view. Yes, if you make more you will be wanting to spend more. And you should, the purpose of life is to live it and enjoy it.
Posted on 1/21/24 at 9:37 pm to Robin Masters
quote:
Obviously not saying he’s financially intelligent but anyone suggesting it’s hard to blow through $450k a year is probably a low income earner.
You can pretty easily live paycheck to paycheck (or at least not pile up money) on 500k a year in lots of places, and not elite places either. And without ballin'.
Private school is expensive. Even nice domestic trucks and SUVs are expensive. Non-mansions in established parts of cities or better suburbs can easily push 1.5-2m. People in those professions and in those areas aren't sending their kids to Primrose, they're getting a nanny. Which is expensive. They're paying more in insurance, probably throwing money at charitable causes (altruistically or not). Upkeep on nice-ish stuff in a nice-ish place is expensive.
None of that is to say it's justifiable, just that it's not some giant departure from how people at lower incomes are blowing through their own money. Things are just on a different scale, and honestly, it can happen with just a handful of variables without getting into grand luxury, etc. (putting 2-3 kids through private school, for example).
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News