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The Management posted:250k pre tax is about $180k take home. it depends a lot on the state. in ca/ny where that's more common it'll be more like 160k. which is still plenty ofc also a techie is probably getting 80k or so of that in rsus (if i remember the poverty-tier income structure right), maybe 50k after taxes. speaking descriptively, some people have mental blocks about selling that straight off because it feels disloyal, which is the point at which 401k + big mortgage/rent + high-col area starts actually feeling tight. of course that's stupid, that 50k isn't just disappearing, it means they're saving a pretty good chunk of change a year, just in a hilariously over-exposed-to-one-company sort of way The Management posted:$3400, that’s if you contribute nothing to savings. if you’re maxing out your 401k, it’s more like $2500. $1000 of that is food, utilities, insurance. now $1500. not poverty level living, but also not the kind of money where you make big purchases anytime you feel like it. i assume you're quoting 1k a month in food as some sort of reasonable, comfortable baseline for normal people, because ime people in this bracket tend to spend waaaay more than 30 bucks a day on restuarants + booze
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Oct 23, 2017 18:41
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| # ¿ May 14, 2024 10:46 |
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don’t give in to that kind of thinking. there’s always gonna be somebody else who looks like they’re making shitloads more money than you, especially if you don’t know all the ways they’re losing out. you’ll just end up chasing get-rich-quick schemes, and those only ever work out for the grifter
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Oct 28, 2017 10:05
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qirex posted:people here talk about shares as part of their income because their company literally gives them the shares [or sells them at a discount]; do you have 6-9 months of living expenses in in savings? do that first. I usually buy etfs/stocks in increments of $1000, unless there's some nz equivalent of robin hood transaction fees are going to put a big dent in it if you invest $100 at a time note that if you have trouble saving money when it's just sitting in your bank account, you can probably at least set up a free automatic transfer to your broker's settlement fund
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Oct 28, 2017 20:42
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out of loyalty to the pedantic roots of the great figgie debate, i feel obligated to inform you that dropping one or two figgies on a chair would require you to spend somewhere between 90% and 99% of your gross income, which seems excessive for a piece of furniture, however nice it may be
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Nov 6, 2017 06:44
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a 90% reduction is a 10% retention i.e. decreasing log10(cash)+1 by exactly one, such as from a marginally middle-class income like 219k to 21.9k. 99% is a 1% retention
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Nov 6, 2017 08:46
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note that under this framework it is theoretically impossible to spend all your figgies, aka xeno's paradox of figgies
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Nov 6, 2017 08:47
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| # ¿ May 14, 2024 10:46 |
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Doc Block posted:wrong, it’s 449999.5 because that’s halfway between 100000 and 999999 i cant believe what i did it
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Nov 6, 2017 21:18
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