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Message

re: Single guys making $150-200k a year

Posted on 4/22/17 at 6:14 pm to
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16419 posts
Posted on 4/22/17 at 6:14 pm to
quote:

but would I really be paying an extra $675 in property taxes if I lived in Texas or Tennessee? No way.



You are obviously very unaware of how bad Texas butt rape folks with property taxes
Posted by vengeanceofrain
depends
Member since Jun 2013
12465 posts
Posted on 4/22/17 at 6:16 pm to
I made about 220k in earnings another 75k in gambling winnings and 57k (go daddy reseller program) in residual income. I write off everything and still paid close to 60 thousand in taxes. I'm always working. You don't make real money and go home at 5pm. Saturday night 3am, working. Always working.


Besides clothes I like to dress I would be perfectly content making 40k a year I'm not very materialistic give me A good steak some good horse racing and some camel wides and I'm a happy man. I work too MUCH to spend money when i am off i dont want to go no sjere2
This post was edited on 4/22/17 at 6:18 pm
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/22/17 at 6:18 pm to
quote:

You don't make real money and go home at 5pm. Saturday night 3am, working. Always working.


Then you're doing it wrong my friend.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
37470 posts
Posted on 4/22/17 at 6:19 pm to
quote:

even upper middle class families aren't paying cash for things like med, law, or dental school

Eh, not everyone. I paid cash for my wife's professional degree. She graduates in a month

ETA: I paid for my own graduate degree too, but it was cheaper than hers.
This post was edited on 4/22/17 at 6:21 pm
Posted by goldennugget
NIL Ruined College Sports
Member since Jul 2013
26376 posts
Posted on 4/22/17 at 6:19 pm to
quote:

Unless you have some advantages over graduates from cheaper schools sounds like you made a poor investment. Schools like TCU should be for either kids with scholarships or wealthy parents



If you were 18 and had a chance to play football at the school you grew up rooting for would you give a crap about how much it would cost at the time?
Posted by goldennugget
NIL Ruined College Sports
Member since Jul 2013
26376 posts
Posted on 4/22/17 at 6:21 pm to
quote:

I made about 220k in earnings another 75k in gambling winnings and 57k (go daddy reseller program) in residual income. I write off everything and still paid close to 60 thousand in taxes. I'm always working. You don't make real money and go home at 5pm. Saturday night 3am, working. Always working.



I have been trying to get a part time job on the weekends. No one wants to hire me though, they want full time availability

Yeah I could work delivering pizzas or working in fast food but I don't want a 2nd job just to have one. I want a 2nd job I wouldn't mind doing, like bartending or waiting tables
Posted by toofache
Kansas City
Member since Feb 2015
146 posts
Posted on 4/22/17 at 6:22 pm to
quote:

You don't make real money and go home at 5pm. Saturday night 3am, working. Always working.



Not true at all. I rarely work more than 40 hours a week and I make what I would consider "real money".
Posted by yellowfin
Coastal Bar
Member since May 2006
99037 posts
Posted on 4/22/17 at 6:24 pm to
I'd have probably be all over it but my parents would have talked sense into me.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/22/17 at 6:25 pm to
quote:

If you were 18 and had a chance to play football a


But did you actually PLAY? I'm not talking about as a scrub, did you actually contribute to any wins or loses?
Posted by goldennugget
NIL Ruined College Sports
Member since Jul 2013
26376 posts
Posted on 4/22/17 at 6:54 pm to
No
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8719 posts
Posted on 4/22/17 at 7:01 pm to
quote:

Is this life as awesome as I'm imagining? Let's assume single by choice with no latent desires to settle down. No kids obviously.

I can't even get beyond just the money savings part.


It varies a lot by location. That amount of money in NYC or even Chicago as a single guy is comfortable but nothing special. You're one of thousands in exactly the same situation. That kind of money as a single guy in a smaller city or large town is probably pretty damn nice for a lot of reasons.

Oh, and like others have said, you get fricked on taxes.
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
10972 posts
Posted on 4/22/17 at 7:02 pm to
quote:

When all is said and done 33% of my income goes to taxes.


Single and NO kids.
Debt free except for my house,
The only suck part is single gets taxed hard.
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 4/22/17 at 7:06 pm to
quote:

No


Posted by JL
Member since Aug 2006
3261 posts
Posted on 4/22/17 at 7:17 pm to
I'm not married, low 30's, debt free and making close to $250k with bonuses. I don't live an extravagant life except for travel so my net worth is around $1mm. I don't plan on working after 50 unless I still love my job.
Posted by MottLaneKid
Gonzales
Member since Apr 2012
4543 posts
Posted on 4/22/17 at 7:22 pm to
Almost 50 years old. Single. Making around 70 k but taxes are a bitch. Life goes by quickly. Can't take the IRA to your grave. Gotta enjoy your mom and dad. Both of mine are gone. When I hear songs from the 1980's I smile and cry at the same time. Enjoy your 20's young folks. It goes by fast.
Posted by JL
Member since Aug 2006
3261 posts
Posted on 4/22/17 at 7:24 pm to
No doubt. It seems like I was in college yesterday. A decade flew by fast. Enjoy your college experience for sure.
Posted by tylerlsu2008
Monaco
Member since Jul 2015
1533 posts
Posted on 4/22/17 at 7:25 pm to
quote:


Does everyone borrow money for college these days? I graduated in 2003 and didn't know anyone with student loans


Well aren't you lucky... But if you must know, it was for my MBA (which is from a top program).
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
42904 posts
Posted on 4/22/17 at 7:40 pm to
quote:

Sounds like someone that had his act together very early on and never took his eye off the prize.


Yeah. His father was the same way. But his dad also died old, rich, and alone so....
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71829 posts
Posted on 4/22/17 at 7:50 pm to
It's pretty lame this thread turned into another tax bitching thread.

I paid more federal taxes than the US average household income. I'm well aware they exist and they suck. It's not like only single people pay them.
Posted by Parallax
Member since Feb 2016
1459 posts
Posted on 4/22/17 at 7:56 pm to
I'm 30 and make mid-6 figures. Zero debt. I work more than I'd like (and it's super stressful) but pretty much travel nonstop in my free time. Grew up in a wealthy family so my lifestyle doesn't feel different than growing up.

Life is good. I've been a bit bummed out lately and this thread makes me feel better about things. :lol
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