0K to one Mil to spend in Phils
11-05-2018, 10:16 AM
Quote: (11-05-2018 08:40 AM)Freebird Flying Wrote:
Quote: (11-05-2018 08:02 AM)hervens Wrote:
I agree with RedBaron, 20k is nothing. If you told us you were making 20k/month that would've been a different story.
Put it in a high interest savings account and don't touch it.
So, what if I was making 20k a month?
Hey Freebird, you should check out this thread from over in the game forum:
thread-70963.html
It got a lot of attention --- and is basically the USA version of what you are asking (90% of the suggestions are non-USA specific and could apply to the Phils).
To put in my 2 cents, my view on money is thus:
- Think in terms of orders of magnitude (speaking in terms of a USA perspective)
- Usual salary is 5 - 10K per month.
- Next order of magnitude is 10X greater, AKA 50K - 100K per month
- After that, 500K - 1M per month
At each order of magnitude, new lifestyle possibilities open up to you. However, in the "in-betweens", it's best just to save the excess rather than trying to attain elements of the lifestyle of the level above.
For example, take 20K. That's 2-4x the usual person's salary. In that case, whatever I was spending as a normal person (in my case about 3K per month), I'd double that. So now I have a 6K budget for my daily life spending. Basically do what you usually do, but for various small stuff, just don't sweat it.
For example: Order an entire bottle of wine on a date instead of glasses (== girl is more likely to be tipsy). Randomly pay for your entire friend groups dinner one night, just for fun. Sign up for the closest, best gym, rather than one that's a good deal but makes you sit in traffic for 30 minutes each way. Again, all small stuff, but when added up might double your monthly spend from 3K to 6K (letting you still save 14K per month).
However ... At 50K - 100K per month, I think there is a major shift (10x usual salary). At that level, I'd recommend establishing yourself in your city as a baller.
Things like:
- Renting an ostentatious penthouse (most expensive unit in the most famous building in the city)
- Buying a supercar to drive around
- Hosting nightlife events / parties
- Starting a business getting you in contact w/ attractive women (modeling agency, bar, club, events company like above, charity that throws fundraising events)
- Hiring live-in staff to take care of your lifestyle overhead
- Systematically & proactively reach out to other famous and wealthy people in your city to establish an elite friend group
Next starting at 500K - 1M per month (and going as high as 5M - 10M per month), take some pages out of the infamous Jho Low's playbook (main guy in 1MDB scandal, who funded the Wolf of Wall Street movie and integrated into Hollywood social circles):
https://nypost.com/2018/09/15/i-own-you-...ower-play/
https://www.amazon.com/Billion-Dollar-Wh...031643650X
- Give famous people (+100K to +1M) gifts to gain favor with them
- Buy your way into the most exclusive and high end events
- Buy a yacht and host parties, invite IG models to travel w/ you on it
- Buy a private jet and invite IG models to travel with you
- Buy multiple citizenships
- Take up rich persons hobbies for networking
- Get buildings named after you (imagine day gaming at a college campus at your own building
)
- Hire the best people as your personal assistants (think 200-500K annual salary for someone incredibly top notch at their field)
- At this level and above, your creativity is almost the only limit, so i am leaving out a ton of other stuff...