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Message

re: $100,000 income: No big deal anymore

Posted on 7/25/17 at 1:28 pm to
Posted by TurkeysAndBees
Member since Jan 2017
651 posts
Posted on 7/25/17 at 1:28 pm to
The much greater affect on the "value" of $100,000 today compared to the 80's is the horrible lack of plentiful opportunities to prosper. In the 70's and 80's it wasn't hard to for a young man to increase his capital exponentially in a reasonable amount of time. I feel sorry for my kids and the odds that are now stacked against all younger "investors" or just those with the desire to achieve financially to insure their future. We could talk for hours on the examples but one that is pretty obvious is real estate.

It was almost certain for anyone who could save (or borrow) $15,000 to $30,000 to be able to triple that within 8-10 years... with a little luck and insight, double or even triple that again in the same time frame. In older S.B.R. areas that are now untouchable for anyone starting out, it was easy for anybody buy an older home not yet renovated, in disrepair, etc. in the $29k - $40k range. I was as naïve, inexperienced, and construction-ignorant as they come... I lived w/o hot water and even electricity for months at a time but my "foolishness" was protected by the massive growth that occurred. The properties I was able to stumble my way into all turned into $200k+ houses... mostly by virtue of "location" alone. This is one of many ways we could get ahead that just don't exist today. Of course there are new opportunities but I could name many more examples but truth is today's young have very long odds to overcome before experiencing the "American Dream".
Posted by Teddy Ruxpin
Member since Oct 2006
40998 posts
Posted on 7/25/17 at 1:28 pm to
Ya, samesies.

For the first 2 years the kid is a lap child so costs should be about the same on that front.

But it is probably every thing else that is gonna get ya.
Posted by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 7/25/17 at 1:28 pm to
quote:

We are in almost exactly the same boat. Main difference is that we are expecting a kid in roughly 3 weeks. That DINK money was great while it lasted. I guess we will only take 3 vacations a year now instead of 5-6. Thankfully Chattanooga is relatively low cost of living


We're both pretty hardcore on the no-baby train, my wife even more so than I am. If I'm not going to have a son, I'm going to fill that empty space with fast cars and nice things. All of my friends have pregnant wives and are figuring out how to start saving for school, daycare and buying baby stuff. I spent this weekend in Nashville test driving an AMG coupe. I like this life better for now
Posted by Teddy Ruxpin
Member since Oct 2006
40998 posts
Posted on 7/25/17 at 1:33 pm to
quote:

my wife even more so than I am


This will probably change when the bio-clock starts ticking and the idea of "never having kids" starts being more real. You will have to outlast her biology or she'll fight it off.

But it is definitely a good thing for now. I'm trying to eek out a few more years but my wife is pushing for next year when she's 31 with 35 being about our cutoff. I'd like to push it as close to then as I can but I think I'm losing right now.
This post was edited on 7/25/17 at 1:34 pm
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43551 posts
Posted on 7/25/17 at 1:33 pm to
quote:

AMG coupe


RC-F baw
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 7/25/17 at 1:34 pm to
quote:

We're both pretty hardcore on the no-baby train, my wife even more so than I am.

Certainly not all but most women get the baby fever in their early to mid 30s when they see that window closing
Posted by Displaced
Member since Dec 2011
33054 posts
Posted on 7/25/17 at 1:34 pm to
We aren't gonna really let the baby slow us down. He is gonna be here in a few weeks and we are already planning a long weekend to Washington DC over veterans day. Just gonna throw his arse in a baby Bjorn and go sight seeing.
Posted by Mo Jeaux
Member since Aug 2008
64587 posts
Posted on 7/25/17 at 1:35 pm to
quote:

We're both pretty hardcore on the no-baby train, my wife even more so than I am. If I'm not going to have a son, I'm going to fill that empty space with fast cars and nice things. All of my friends have pregnant wives and are figuring out how to start saving for school, daycare and buying baby stuff. I spent this weekend in Nashville test driving an AMG coupe. I like this life better for now


Why would someone like you get married?
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 7/25/17 at 1:35 pm to
Word.

The only weird part is that people think we aren't normal because we don't want kids.
Posted by Geauxtiga
No man's land
Member since Jan 2008
34401 posts
Posted on 7/25/17 at 1:36 pm to
quote:

Average teacher pay in La. is around 50k
That's because they use Supervisors, Principals, Superintendent, etc. FEW teachers actually make 50k.

Look at the last column.

Not 50 K
This post was edited on 7/25/17 at 1:40 pm
Posted by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 7/25/17 at 1:36 pm to
quote:

RC-F baw



This is too damn sexy

Posted by Mo Jeaux
Member since Aug 2008
64587 posts
Posted on 7/25/17 at 1:36 pm to
quote:

The only weird part is that people think we aren't normal because we don't want kids.



I generally do think couples (generally more so, married couples) that don't want kids are odd.
Posted by lsucoonass
shreveport and east texas
Member since Nov 2003
70136 posts
Posted on 7/25/17 at 1:36 pm to
Yeah. But I'm not a pansy
Posted by Teddy Ruxpin
Member since Oct 2006
40998 posts
Posted on 7/25/17 at 1:37 pm to
quote:

The only weird part is that people think we aren't normal because we don't want kids.


I can give equally appealing reasons either way, which makes it so hard for me to be 100% for or against it.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43551 posts
Posted on 7/25/17 at 1:37 pm to
I agree. But you have to get the LED emblem. Otherwise meh

edit: Why do they have that car on a fricking rock lot?????
This post was edited on 7/25/17 at 1:38 pm
Posted by GoT1de
Alabama
Member since Aug 2009
5041 posts
Posted on 7/25/17 at 1:37 pm to
In the year 2525, if man is still alive
If woman can survive, they may find
In the year 3535
Ain't gonna need to tell the truth, tell no lie
Everything you think, do and say
Is in the pill you took today
In the year 4545
You ain't gonna need your teeth, won't need your eyes
You won't find a thing to chew
Nobody's gonna look at you
In the year 5555
Your arms hangin' limp at your sides
Your legs got nothin' to do
Some machine's doin' that for you
In the year 6565
You won't need no husband, won't need no wife
You'll pick your son, pick your daughter too
From the bottom of a long glass tube
In the year 7510
If God's a coming, He oughta make it by then
Maybe He'll look around Himself and say
Guess it's time for the judgment day
In the year 8510
God is…
Posted by Teddy Ruxpin
Member since Oct 2006
40998 posts
Posted on 7/25/17 at 1:38 pm to
quote:

Yeah. But I'm not a pansy


I'm not sure spending an extra 45 minutes to an hour in a car each day symbolizes the cutoff between pansy and masculinity.
Posted by tigerinthebueche
Member since Oct 2010
38239 posts
Posted on 7/25/17 at 1:38 pm to
quote:

I generally do think couples (generally more so, married couples) that don't want kids are odd.



call me a freak then.
Posted by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 7/25/17 at 1:39 pm to
quote:

Why would someone like you get married?


1) I was with my gf for about 5 years before the wedding.

2) We lived together for almost a year (after the engagement) before the wedding.

3) I'm too classy to live with a chick for an extended period of time and not be married

4) We have a good relationship
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43551 posts
Posted on 7/25/17 at 1:39 pm to


Brother bought this same configuration yesterday.

fricker always trying to out do me.
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