0% of Americans are living paycheck to paycheck
01-13-2019, 02:12 PM
Quote: (01-07-2019 12:44 PM)Midwestmind Wrote:
I made 70k gross. I payed 34k in income taxes. So, you think after it’s all said and done with bills, car payment, insurance. Food, gas, etc there’s virtually nothing left. I also have no children, which hopefully I have that luxury one day.
It’s time to take this shit back goyims.
I'm finding your claim hard to believe. Was that 34K in taxes taken away from your paycheck or net taxes paid? I made about 35K more yet my tax bill is half yours.
Quote: (01-12-2019 08:24 AM)Thomas Jackson Wrote:
Quote: (01-11-2019 10:45 AM)tugofpeace Wrote:
People spend like morons. Its as simple as that.
Coffee every day, eating out, buying drinks at the bar, this stuff alone can easily cost $500+ a month that could be saved.
Then you have idiots who travel and blow thousands a year on flights/hotels/experiences.
Then there’s people who buy ridiculously expensive clothes at msrp.
Then there’s expensive cars, houses, etc.. doesn’t surprise me one bit.
I make $100k (single) and pocket about $2k/month living in a downtown chicago highrise. This is after taxes, insurance, and 401k.
The millennial obsession with traveling is definitely out of hand (especially for women). It's great if you can afford it, but doing an international trip every year when you make 70k is pretty dumb. Retirement isn't even going to be possible for the majority of this age cohort.
Traveling is quite cheap nowadays, cheaper than ever! I can fly to Cancun for 200 bucks or Paris for 400. Tickets to Asia for 650! It's not that hard. The most expensive cost would lodging.
Quote: (01-13-2019 01:23 PM)MrLemon Wrote:
Quote: (01-13-2019 12:14 PM)BaatumMania Wrote:
Some say it's more expensive to be poor than to be rich. It seems like a contradictory idea but the concept is the very basic consumer goods must be replaced more often and the drop in quality doesn't justify the high base price.
Like the shoes I bought in a Turkish chain in Georgia are falling apart faster than the New Balance shoes I used to buy.
Or a $600,000 home versus a $1,800,000 home. In a lot of expensive countries that means 3 bedrooms versus 7 bedrooms w/ swimming pool and higher quality finishing (so the price is 3x more but the owner's satisification is probably 10x more than living in a borderline crackshack).
Yeah. Rich people are rich because, in many cases, they are extremely smart about making their money work for themselves. They squeeze bargains like we've never seen.
In other cases, they just get lucky. But "getting lucky" is also a skill that they practice.
You're forgetting that in "developing countries" a lot of these successful businessmen were successful because of their connections, influence, and backstabbing methods they used to get there. Before anyone starts with "muh...well in the west they do it toooo"....I'm referring to your cousin being a city official and helping you out eliminate the competition, or burning down competitors, or literally having them kidnapped/killed. In Mexico I've seen folks getting shut down because they didn't pay their cut, or because an official's family member launched a similar business after seeing your success. In Veracruz the Zetas literally took over strip clubs, nothing paid to the owners. Just a "GTFO or die" notice.
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