Quote: (01-23-2012 10:01 AM)Blunt Wrote:  

MikeCF, any chance you could put together a datasheet of some of these financial and tax tips for us younger guys?

Good idea.

There are a lot of self-employed guys here (if you own your own business, even if you employ hundreds, you're still self-employed), and I'm surprised there hasn't been a thread about "life on a 1099."

Mike - Where would you find this person? Where do you start your advertising from or is it word of mouth? How much would you pay them for a one bedroom apartment or condo?

I.E. What would you pay her (I am assuming it's a lizard) for cleaning the pad? What about cooking?

Are there any nationalities that are the winners, in terms of cleaning your place and not trying any funny shyt? Which ones would you advise one stay away from?

Quote: (01-23-2012 03:15 PM)Moma Wrote:  

Mike - Where would you find this person? Where do you start your advertising from or is it word of mouth? How much would you pay them for a one bedroom apartment or condo?

I.E. What would you pay her (I am assuming it's a lizard) for cleaning the pad? What about cooking?

Are there any nationalities that are the winners, in terms of cleaning your place and not trying any funny shyt? Which ones would you advise one stay away from?

Craigslist? I'm going to get one myself with a side order of spanish lessons

Quote: (01-23-2012 03:15 PM)Moma Wrote:  

Mike - Where would you find this person? Where do you start your advertising from or is it word of mouth? How much would you pay them for a one bedroom apartment or condo?

I.E. What would you pay her (I am assuming it's a lizard) for cleaning the pad? What about cooking?

Are there any nationalities that are the winners, in terms of cleaning your place and not trying any funny shyt? Which ones would you advise one stay away from?

It will depend on geographic area. In Cali, it's Mexicans.

Best place to find one? Get a referral. If you live in a complex, ask people if they have a cleaning lady.

Market rate is $80-120, depending on size of crib/your nastiness.

@MikeCF and el mechanico - You guys are kind of lucky since America encourages that free enterprise stuff. Here in Cakeland, I'm sure it'll cost an arm and a bit of a leg too.

I gave one of my lizards 20 bucks once for tidying up my joint. She also helped me to to tidy up my 'joint' too.

I think she was charging roughly what you guys said though.

[quote] (01-23-2012 10:01 AM)Blunt Wrote:  

[quote='MikeCF' pid='147673' dateline='1327299372']
[quote='Athlone McGinnis' pid='147578' dateline='1327286536']

MikeCF, any chance you could put together a datasheet of some of these financial and tax tips for us younger guys?

I think most guys here who are self-employed can benefit from incorporating themselves, due to the better tax structure. One tidbit I'm aware of is that if you gross $300k a year and you have a corporation you can pay yourself a "reasonable" (do your research, varies according to your field) salary of say $70k, on which you pay normal taxes. Then you can pay yourself dividends of your own corporate stock for the other $230k and only pay 15% capital gains tax. In this example if you paid 35% on your salary, your overall tax rate would be lowered to about 20%.

I've never thought about buying a car through the corporation. Good tip.[/quote]

Don't forget the corporate taxes that are paid before your dividends... Might make a dent in your numbers.

Along with the additional paperwork.

And the IRS will make sure you pay yourself a "reasonable" wage.

Quote: (01-23-2012 01:21 AM)MikeCF Wrote:  

Quote: (01-23-2012 12:33 AM)pitt Wrote:  

So this 250k per year is actually 144k per year, if we are talking the money after taxes then this money will just give you a high average type of life. Really, 144k per year for a guy who works 9-5 is not big money. Blurb made also an interesting point about how much time off are you actually getting, if you are slaving away more than 8 hours work per day, you are not doing an impressive job.

Wow.

You guys have been brainwashed by Tim Ferris and other frauds.

You are not going to make 250K plus working 9-5.

Where?

Seriously, that is my question. Where are all of these people earning 250K k while clocking in 8 hour days.

Drug dealers?

Sure, for a few years. They'll eventually find themselves in federal prison. On average (once you factor in DECADES in prison), dealing drugs (unless you quit the game, and very few do) averages out to a pittance.

If you want to make money, 9-5 is not even in the picture.

Try 9-9, or 9-11.

When you're 50, and you busted your ass in your 20's, 30's, and 40's making business, you'll have that passive income.

But you've have worked long hours before that.

Lots of "ideas" about money.

Very few people living it.

I havent read anything by Tim ferris, well, i actually downloaded his book, read the first page of it and i thought he was using lots of words just to make a book. He could have written whatever he wrote in a blog.

However, i believe that us as human beings should value more freedom than anything. According to your theory, if i have to work more than 10 hours per day during my 20s, 30s and 40s to enjoy life in my 50s, then i dont think i want to be rich. I could make enough money to retire way before that and i dont think many of us want to be money slaves for too long. Its all about calculating the time you spent making money vs the time you will have to enjoy that money.

I would rather live on 3000 dollars a month and do nothing at all for the rest of my life, then to work hard all my life and enjoy millions of dollars after my 50s.

Quote: (01-24-2012 03:02 AM)pitt Wrote:  

However, i believe that us as human beings should value more freedom than anything.
I would rather live on 3000 dollars a month and do nothing at all for the rest of my life, then to work hard all my life and enjoy millions of dollars after my 50s.

Until a loved one calls from a jail, needing 5K to be bailed out right now.

Until you're in a car accident, and require extensive care and rehab.

Until you get really sick, and need six figures to pay for your drugs.

Until you catch a case, and need to come up with 50 large.

Then you'll learn that the greatest enslavement is poverty.

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Quote: (01-24-2012 03:02 AM)pitt Wrote:  

However, i believe that us as human beings should value more freedom than anything.
I would rather live on 3000 dollars a month and do nothing at all for the rest of my life, then to work hard all my life and enjoy millions of dollars after my 50s.

Until a loved one calls from a jail, needing 5K to be bailed out right now.

Until you're in a car accident, and require extensive care and rehab.

Until you get really sick, and need six figures to pay for your drugs.

Until you catch a case, and need to come up with 50 large.

Then you'll learn that the greatest enslavement is poverty.

In this case, your greatest enslavement is United of States lol.

If i get really sick right now, i will fly my ass to United Kingdom and i wont pay a penny to get treated. The health system in the UK doesnt charge any money to nationals for any type of treatment.

Dont get me wrong, i am not underestimating the power of money, i also hate poverty and i hate people that choose to live a mediocre life. However i like my freedom and happiness too much to be enslaved on making money for the rest of my life, im currently working 12 hours a day for a company and running businesses on the side, i know this will pay later, but im not looking to live this type of life for too many years, i was way happier when i was just travelling. So its all about calculating how much you need to live an independent location lifestyle, get the money for it or streams of income and then go live that freedom lifestyle.

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Until you get really sick, and need six figures to pay for your drugs.

I'm trying to come up with some words to describe how lucky I feel not to be American blah blah blah. It's too hard. It's mind boggling that this even happens in a first world Western nation. It's literally absurd to me. My brain literally can not process that.

Quote: (01-24-2012 04:55 AM)P Dog Wrote:  

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Until you get really sick, and need six figures to pay for your drugs.

I'm trying to come up with some words to describe how lucky I feel not to be American blah blah blah. It's too hard. It's mind boggling that this even happens in a first world Western nation. It's literally absurd to me. My brain literally can not process that.

In spite of all our problems with issues like health care, etc., I'm happy to be an American. No other country as far as I know promotes entrepreneurship, self-improvement, and is as open and meritocratic as the US. It's still the world's "center stage" and top type-A country. I think I was born in the right country at an important time in its history. We may have problems, especially right now, but so does every other country. The ones that are said to be doing better these days still haven't caught up to us and won't for some time.

Even Western European countries, with their high living standards, can credit the United States' Marshall Plan and the establishment of NATO (US military hegemony) for their quality of life. The US is and what continues to make the world run on its cylinders.

That said, I wouldn't say Americans are even in the top tier of the world's happiest people, nor is our middle class the best situated, but the spirit of entrepreneurship and freedom that reverberates throughout the land is second to none IMO.

I remember returning to the US from an extended sojourn in South America back in 2010 and one of the first news stories I heard was about that software engineer (I think) getting into a plane and flying straight into an IRS building in Austin, Texas to demonstrate his frustration with the agency and his tax situation over the years. I laughed to myself thinking where else but the US would someone have the FREEDOM to get in his OWN PLANE and fly into a government building. For all intents and purposes, this guy was just your average "American Joe." Amazing.

Quote: (01-24-2012 04:55 AM)P Dog Wrote:  

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Until you get really sick, and need six figures to pay for your drugs.

I'm trying to come up with some words to describe how lucky I feel not to be American blah blah blah. It's too hard. It's mind boggling that this even happens in a first world Western nation. It's literally absurd to me. My brain literally can not process that.

Well as a Canadian, I also have access to "free health care", I also paid about $40,000 in taxes last year (highest tax bracket) and A LOT of that goes to health care, I'd rather pay less taxes and have the option of using private clinics, if I had to.

Interesting

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Quote: (01-24-2012 03:02 AM)pitt Wrote:  

However, i believe that us as human beings should value more freedom than anything.
I would rather live on 3000 dollars a month and do nothing at all for the rest of my life, then to work hard all my life and enjoy millions of dollars after my 50s.

Until a loved one calls from a jail, needing 5K to be bailed out right now.

Until you're in a car accident, and require extensive care and rehab.

Until you get really sick, and need six figures to pay for your drugs.

Until you catch a case, and need to come up with 50 large.

Then you'll learn that the greatest enslavement is poverty.

Yeah, this is real life.

I am always amazed at the financial examples people use on here.

I remember that there was a "certain poster" that was recently banned who posted a ton of BS on here using examples of making 3k a month and "saving" a ton of money.

Here is a little example:

Remember my little story of losing my Passport?

http://www.rooshvforum.network/thread-5990.html

Guess how much that little error cost me all in all?

$4000.00

Kind of blows a small budget now doesn't it?

Quote: (01-24-2012 08:40 AM)scotian Wrote:  

Quote: (01-24-2012 04:55 AM)P Dog Wrote:  

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Until you get really sick, and need six figures to pay for your drugs.

I'm trying to come up with some words to describe how lucky I feel not to be American blah blah blah. It's too hard. It's mind boggling that this even happens in a first world Western nation. It's literally absurd to me. My brain literally can not process that.

Well as a Canadian, I also have access to "free health care", I also paid about $40,000 in taxes last year (highest tax bracket) and A LOT of that goes to health care, I'd rather pay less taxes and have the option of using private clinics, if I had to.

Damn! Thats a lot! How much do you make? Job or Business?

Quote: (01-18-2012 07:55 PM)MikeCF Wrote:  

That is perfect.

I keep telling guys, "Move away from game. Move towards building a lifestyle."

That post nails the distinction.

I would say "move away from chasing pussy".

Quote: (01-24-2012 08:40 AM)scotian Wrote:  

Well as a Canadian, I also have access to "free health care", I also paid about $40,000 in taxes last year (highest tax bracket) and A LOT of that goes to health care, I'd rather pay less taxes and have the option of using private clinics, if I had to.

Exactly. Nothing is free. It comes from somewhere. The Canadian taxes are sky high. I have friends in Denmark and sure they don't think about healthcare since it's 'free' but they don't have anywhere near the type of loose spending one does living in North America. Creature comforts.

Quote: (01-24-2012 10:52 AM)thegmanifesto Wrote:  

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Quote: (01-24-2012 03:02 AM)pitt Wrote:  

However, i believe that us as human beings should value more freedom than anything.
I would rather live on 3000 dollars a month and do nothing at all for the rest of my life, then to work hard all my life and enjoy millions of dollars after my 50s.

Until a loved one calls from a jail, needing 5K to be bailed out right now.

Until you're in a car accident, and require extensive care and rehab.

Until you get really sick, and need six figures to pay for your drugs.

Until you catch a case, and need to come up with 50 large.

Then you'll learn that the greatest enslavement is poverty.

Yeah, this is real life.

I am always amazed at the financial examples people use on here.

I remember that there was a "certain poster" that was recently banned who posted a ton of BS on here using examples of making 3k a month and "saving" a ton of money.

Here is a little example:

Remember my little story of losing my Passport?

http://www.rooshvforum.network/thread-5990.html

Guess how much that little error cost me all in all?

$4000.00

Kind of blows a small budget now doesn't it?

G - on the flip side, I know cats that make lots of bread and don't HAVE the time to enjoy it. They were just concerned with money, money, money but had no ideas of how to enjoy it. By the time they convinced themselves to branch out, they are too old to be thrilled with dycking down two sluts a day, going out clubbing, swimming and all that other bullshyt we enjoy with youth. Too old to muster the courage to go somewhere that has been condemned by the media.

I know a few lizards that have offered to pay for my accomodation and travel to certain places in Europe because of my connects. Yea, they can ball out of control but I have the insights to places, knowledge that a fat bankroll cannot attain. They know it and they know I know it.
That's why somewhere inside, they sip on envy because they know I'm that budget globetrotter and I get there somehow.

Low maintenance. All I need is safe food, clean water, shelter and lizards with ripe onions. Fcuk the rest.

Time needs to be budgeted with the same consideration as money.
No offense to the older cats but being 60 with millions in the bank doesn't seem so thrilling.
A younger cat can do MUCH more with a million bucks than a pensioner.

That's why I rate Neil for his movement around the world. So what if he broke his wallet along the way? The memories and experiences he gained are INVALUABLE.

P.S. Sorry about the slight rant.

Quote: (01-24-2012 01:45 PM)Moma Wrote:  

Quote: (01-24-2012 10:52 AM)thegmanifesto Wrote:  

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Quote: (01-24-2012 03:02 AM)pitt Wrote:  

However, i believe that us as human beings should value more freedom than anything.
I would rather live on 3000 dollars a month and do nothing at all for the rest of my life, then to work hard all my life and enjoy millions of dollars after my 50s.

Until a loved one calls from a jail, needing 5K to be bailed out right now.

Until you're in a car accident, and require extensive care and rehab.

Until you get really sick, and need six figures to pay for your drugs.

Until you catch a case, and need to come up with 50 large.

Then you'll learn that the greatest enslavement is poverty.

Yeah, this is real life.

I am always amazed at the financial examples people use on here.

I remember that there was a "certain poster" that was recently banned who posted a ton of BS on here using examples of making 3k a month and "saving" a ton of money.

Here is a little example:

Remember my little story of losing my Passport?

http://www.rooshvforum.network/thread-5990.html

Guess how much that little error cost me all in all?

$4000.00

Kind of blows a small budget now doesn't it?

G - on the flip side, I know cats that make lots of bread and don't HAVE the time to enjoy it. They were just concerned with money, money, money but had no ideas of how to enjoy it. By the time they convinced themselves to branch out, they are too old to be thrilled with dycking down two sluts a day, going out clubbing, swimming and all that other bullshyt we enjoy with youth. Too old to muster the courage to go somewhere that has been condemned by the media.

I know a few lizards that have offered to pay for my accomodation and travel to certain places in Europe because of my connects. Yea, they can ball out of control but I have the insights to places, knowledge that a fat bankroll cannot attain. They know it and they know I know it.
That's why somewhere inside, they sip on envy because they know I'm that budget globetrotter and I get there somehow.

Low maintenance. All I need is safe food, clean water, shelter and lizards with ripe onions. Fcuk the rest.

Time needs to be budgeted with the same consideration as money.
No offense to the older cats but being 60 with millions in the bank doesn't seem so thrilling.
A younger cat can do MUCH more with a million bucks than a pensioner.

That's why I rate Neil for his movement around the world. So what if he broke his wallet along the way? The memories and experiences he gained are INVALUABLE.

P.S. Sorry about the slight rant.

Solution: Make money while you are young then enjoy it then make more money.

Quote: (01-24-2012 01:56 PM)mofo Wrote:  

Quote: (01-24-2012 01:45 PM)Moma Wrote:  

Quote: (01-24-2012 10:52 AM)thegmanifesto Wrote:  

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Quote: (01-24-2012 03:02 AM)pitt Wrote:  

However, i believe that us as human beings should value more freedom than anything.
I would rather live on 3000 dollars a month and do nothing at all for the rest of my life, then to work hard all my life and enjoy millions of dollars after my 50s.

Until a loved one calls from a jail, needing 5K to be bailed out right now.

Until you're in a car accident, and require extensive care and rehab.

Until you get really sick, and need six figures to pay for your drugs.

Until you catch a case, and need to come up with 50 large.

Then you'll learn that the greatest enslavement is poverty.

Yeah, this is real life.

I am always amazed at the financial examples people use on here.

I remember that there was a "certain poster" that was recently banned who posted a ton of BS on here using examples of making 3k a month and "saving" a ton of money.

Here is a little example:

Remember my little story of losing my Passport?

http://www.rooshvforum.network/thread-5990.html

Guess how much that little error cost me all in all?

$4000.00

Kind of blows a small budget now doesn't it?

G - on the flip side, I know cats that make lots of bread and don't HAVE the time to enjoy it. They were just concerned with money, money, money but had no ideas of how to enjoy it. By the time they convinced themselves to branch out, they are too old to be thrilled with dycking down two sluts a day, going out clubbing, swimming and all that other bullshyt we enjoy with youth. Too old to muster the courage to go somewhere that has been condemned by the media.

I know a few lizards that have offered to pay for my accomodation and travel to certain places in Europe because of my connects. Yea, they can ball out of control but I have the insights to places, knowledge that a fat bankroll cannot attain. They know it and they know I know it.
That's why somewhere inside, they sip on envy because they know I'm that budget globetrotter and I get there somehow.

Low maintenance. All I need is safe food, clean water, shelter and lizards with ripe onions. Fcuk the rest.

Time needs to be budgeted with the same consideration as money.
No offense to the older cats but being 60 with millions in the bank doesn't seem so thrilling.
A younger cat can do MUCH more with a million bucks than a pensioner.

That's why I rate Neil for his movement around the world. So what if he broke his wallet along the way? The memories and experiences he gained are INVALUABLE.

P.S. Sorry about the slight rant.

Solution: Make money while you are young then enjoy it then make more money.

I don't think there's a point in working your ass off till your 40 and enjoying life then.. you should work hard but enjoy life till your 35-40 then maybe take your career to the next level. No point in being an old fart with a lot of money. Money isn't everything.

----------------------------------

It can't buy experience.

Quote: (01-24-2012 02:04 PM)drymarro Wrote:  

Quote: (01-24-2012 01:56 PM)mofo Wrote:  

Quote: (01-24-2012 01:45 PM)Moma Wrote:  

Quote: (01-24-2012 10:52 AM)thegmanifesto Wrote:  

Quote: (01-24-2012 03:11 AM)MikeCF Wrote:  

Until a loved one calls from a jail, needing 5K to be bailed out right now.

Until you're in a car accident, and require extensive care and rehab.

Until you get really sick, and need six figures to pay for your drugs.

Until you catch a case, and need to come up with 50 large.

Then you'll learn that the greatest enslavement is poverty.

Yeah, this is real life.

I am always amazed at the financial examples people use on here.

I remember that there was a "certain poster" that was recently banned who posted a ton of BS on here using examples of making 3k a month and "saving" a ton of money.

Here is a little example:

Remember my little story of losing my Passport?

http://www.rooshvforum.network/thread-5990.html

Guess how much that little error cost me all in all?

$4000.00

Kind of blows a small budget now doesn't it?

G - on the flip side, I know cats that make lots of bread and don't HAVE the time to enjoy it. They were just concerned with money, money, money but had no ideas of how to enjoy it. By the time they convinced themselves to branch out, they are too old to be thrilled with dycking down two sluts a day, going out clubbing, swimming and all that other bullshyt we enjoy with youth. Too old to muster the courage to go somewhere that has been condemned by the media.

I know a few lizards that have offered to pay for my accomodation and travel to certain places in Europe because of my connects. Yea, they can ball out of control but I have the insights to places, knowledge that a fat bankroll cannot attain. They know it and they know I know it.
That's why somewhere inside, they sip on envy because they know I'm that budget globetrotter and I get there somehow.

Low maintenance. All I need is safe food, clean water, shelter and lizards with ripe onions. Fcuk the rest.

Time needs to be budgeted with the same consideration as money.
No offense to the older cats but being 60 with millions in the bank doesn't seem so thrilling.
A younger cat can do MUCH more with a million bucks than a pensioner.

That's why I rate Neil for his movement around the world. So what if he broke his wallet along the way? The memories and experiences he gained are INVALUABLE.

P.S. Sorry about the slight rant.

Solution: Make money while you are young then enjoy it then make more money.

I don't think there's a point in working your ass off till your 40 and enjoying life then.. you should work hard but enjoy life till your 35-40 then maybe take your career to the next level. No point in being an old fart with a lot of money. Money isn't everything.

----------------------------------

It can't buy experience.

Making money is an experience itself...

Quote: (01-24-2012 10:52 AM)thegmanifesto Wrote:  

Yeah, this is real life.

I am always amazed at the financial examples people use on here.

This thread and other money thread taught me two things.

I'm realizing most people who post on here are children.

They also know everything already.

You have kids who have never been their own safety net talking about how much money a guy needs to make.

Yeah, if you live at home, or can call mommy or daddy when you car breaks down, and you need to come up with a few grand for repairs (or a down payment on a new car), sure, you can "live" on 3,000 a month.

When there's no one to call, then what?

You have kids talking about what life is like on 250K when they've never lived alone for five years, seen a five or six figure bonus check, and don't even know anyone who has a Black card.

I don't know how you older cats have longevity here.

I'd like to help, but you can't help these kids. They know it all already.

Pretty lame stuff from the "young buck alpha males." LOL.

Quote: (01-24-2012 03:30 AM)pitt Wrote:  

Dont get me wrong, i am not underestimating the power of money, i also hate poverty and i hate people that choose to live a mediocre life. However i like my freedom and happiness too much to be enslaved on making money for the rest of my life, im currently working 12 hours a day for a company and running businesses on the side, i know this will pay later, but im not looking to live this type of life for too many years, i was way happier when i was just travelling. So its all about calculating how much you need to live an independent location lifestyle, get the money for it or streams of income and then go live that freedom lifestyle.

Pitt, deciding what type of business you create will be very important if you want to later relax.

I started out consulting. At the height of my consulting days, I was bringing in anywhere $4 - $6k a week.

The only problem with that was trading time for dollars. I was capped at that point and it wasn't something I felt had security or something I wanted to do until I retired.

Besides, the traveling got under my skin after awhile. We were not talking about places I wanted to spend time at. I had to go where the work was and it was mainly onsite at undesirable locations.

I then got into real estate and set that up more as a business rather then investing. It was a lot of work but I learned a lot and did pretty well. In fact, I may be getting back into this market but more as a lender to other investors.

Still, it wasn't quite what I was looking for. I was still married to that. I could hire others but the skill set needed wasn't something a lot of people had. The ones that had it probably wouldn't stick around for long.

I ended up getting into selling my own software products. This is what I do today. I had a lot of experience in software from my consultancy work.

Lifestyle wise, this was the best option for me. I can work from anywhere. Depending on the market I choose, I can sell a shit load.

It is completely automated from purchase to delivery. I can hire people to program who doesn't happen to understand the marketing aspect. That helps me keep people more long term.

This year is already blowing up for me but it took me over 6 years of a lot of hours to develop my current product line (still working on it). Well worth it...

Now, I will be hiring some more programmers this year as well as customer service reps. My time involved will diminish greatly if I want. I have it set up so two people can run the day to day stuff.

Unfortunately for me, I have 5 more years of products enhancements and other lines to develop. haha I do love the game and I like to be productive with my time. Spending time on a beach gets boring after a couple of days for me.

So it really depends on the business you create, how you structure it, and the type of markets you go after. Always think about the end game. You will start trading a lot of your time in the beginning. If you set things up right that doesn't mean you will have to continue that route later once your business is kicking ass.

Arguments for making extra tens of thousands central to your life:

Until a loved one calls from a jail, needing 5K to be bailed out right now.

---Dude should have thought of that before he did the crime, and his parents have more money than me.

Until you're in a car accident, and require extensive care and rehab.

---In EU, Gubmint pays for that

Until you get really sick, and need six figures to pay for your drugs.

---In EU/Civilized world; Gubmint pays. Or I die. Big deal. But I can't live in fear and stay in the POD for ten more years because this might happen. Reference Hemingway and Hunter Thompson-- when they started losing their shit they just checked out.

Until you catch a case, and need to come up with 50 large.

---I don't commit crimes. So I don't live in fear.

Then you'll learn that the greatest enslavement is poverty.

---And you may learn when you get older like me that the only poverty you can never get out of is being out of time.

Quote: (01-24-2012 03:05 PM)MikeCF Wrote:  

Quote: (01-24-2012 10:52 AM)thegmanifesto Wrote:  

Yeah, this is real life.

I am always amazed at the financial examples people use on here.

This thread and other money thread taught me two things.

I'm realizing most people who post on here are children.

They also know everything already.

You have kids who have never been their own safety net talking about how much money a guy needs to make.

Yeah, if you live at home, or can call mommy or daddy when you car breaks down, and you need to come up with a few grand for repairs (or a down payment on a new car), sure, you can "live" on 3,000 a month.

When there's no one to call, then what?

You have kids talking about what life is like on 250K when they've never lived alone for five years, seen a five or six figure bonus check, and don't even know anyone who has a Black card.

I don't know how you older cats have longevity here.

I'd like to help, but you can't help these kids. They know it all already.

Pretty lame stuff from the "young buck alpha males." LOL.

+1

There is no experience more valuable than life experience!

When I was young I had the energy to work three jobs, now I barely have the energy to work one.