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This 23-yr old has $11K in student debt, but still lives comfortably on $50K salary in NYC
Posted on 11/15/21 at 10:37 pm
Posted on 11/15/21 at 10:37 pm
Posted on 11/15/21 at 10:38 pm to stendulkar
Jealousy is a weak emotion.
Posted on 11/15/21 at 10:38 pm to stendulkar
what are the property taxes on that condo? I bet that alone eats up most of his salary.
Posted on 11/15/21 at 10:38 pm to stendulkar
FAF
Posted on 11/15/21 at 10:38 pm to stendulkar
Now that my friend is privilege, not being born a certain skin color.
Posted on 11/15/21 at 10:38 pm to stendulkar
Why is this a story? A person with 11k in student loans could manage on 50k salary. It's not due in a year. IBR is a joke.
This post was edited on 11/15/21 at 10:39 pm
Posted on 11/15/21 at 10:39 pm to stendulkar
Anyone can live comfortably on 50k when you don't have to pay rent or a mortgage and you have a 500k cushion
Posted on 11/15/21 at 10:39 pm to cable
quote:
what are the property taxes on that condo? I bet that alone eats up most of his salary.
Wait, are we pretending his dad doesn't pay for that too?
Posted on 11/15/21 at 10:40 pm to stendulkar
11k in student loans is nothing. They’d let you pay less than $100 a month on it
Posted on 11/15/21 at 10:42 pm to ducktale
That's probably true. I hope the dad is paying gift taxes on all this - otherwise son just put him in a bit of a bind with the IRS.
Posted on 11/15/21 at 10:47 pm to stendulkar
Wild that the kids dad even made him take out loans in the first place
Posted on 11/15/21 at 10:48 pm to stendulkar
See? That's all you need to live in NYC: a father so wealthy he can buy you a $4M condo and give you a nice $500k pool of starting money. So simple.
And now he can benefit the world with his Art History degree.
And now he can benefit the world with his Art History degree.
Posted on 11/15/21 at 10:51 pm to stendulkar
ive seen this article format a lot recently. headline makes it seem like the person is living some frugal lifestyle, body of article reveals wealthy parents. so, in the end, absolutely no point to the article other than to agitate regular people. what are we supposed to glean from this other than some 23 year old is flexing on us
eta- same with coverage of outlandish niche woke shite, etc. so much of media seems designed to be reacted to and doesnt touch on any real-world issues
eta- same with coverage of outlandish niche woke shite, etc. so much of media seems designed to be reacted to and doesnt touch on any real-world issues
This post was edited on 11/15/21 at 11:01 pm
Posted on 11/15/21 at 10:57 pm to boosiebadazz
I don’t think he posted this out of jealousy. It’s to point out how ridiculous the headline is in comparison to actual facts.
Posted on 11/15/21 at 10:58 pm to stendulkar
I bet that kid can’t keep a windowsill cactus alive in NYC on $50K a year.
Posted on 11/15/21 at 11:10 pm to stendulkar
Think I saw him on House Hunters.
Posted on 11/15/21 at 11:11 pm to stendulkar
Posted on 11/15/21 at 11:20 pm to cable
quote:
I hope the dad is paying gift taxes on all this
There is a HUGE lifetime exemption on gift taxes. Rich people know this and use it, farmers don't and their kids have to sell the farm to pay death taxes.
Posted on 11/15/21 at 11:42 pm to stendulkar
Why does he have any debt if he was given $500k
Posted on 11/15/21 at 11:57 pm to The Boat
Father thought it was teaching his son to pay for his own education and being responsible in paying it back.
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