People that brag about their money | The Platinum Board

People that brag about their money

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People that brag about their money

6 figure earner here… live in a 1200 sq ft house and drive a shitty Ford Escape. No debt besides the mortgage. One thing I do spend too much on is food. Good for 3-4 trips to Chipotle/Chick-fil-a throughout the week and usually blow $15 or more for each meal.
 
6 figure earner here… live in a 1200 sq ft house and drive a shitty Ford Escape. No debt besides the mortgage. One thing I do spend too much on is food. Good for 3-4 trips to Chipotle/Chick-fil-a throughout the week and usually blow $15 or more for each meal.
If everything is buttoned down like you say, why not knock that mortgage out and become debt free?
Obvious answer is you have cheap interest and are making bank in the market….still, debt blows!
 
As a recently unemployed former "6-figure club" member, I'm proud to report that I've never felt I was living paycheck-to-paycheck, except while being a graduate student making $19k per year in 2003-2006. Those years were hard. Despite the constant availability of coed's, I was remarkably unsuccessful with landing them.

Since 2006, I made $46k for a while, then $76k for a while, then broke the six-figure thing for a short while, then was laid off at the end of 2022.

I plan to make $1B in 2023, and then also start to live paycheck-to-paycheck. Tone will have to drink my piss at that point.
 
As a recently unemployed former "6-figure club" member, I'm proud to report that I've never felt I was living paycheck-to-paycheck, except while being a graduate student making $19k per year in 2003-2006. Those years were hard. Despite the constant availability of coed's, I was remarkably unsuccessful with landing them.

Since 2006, I made $46k for a while, then $76k for a while, then broke the six-figure thing for a short while, then was laid off at the end of 2022.

I plan to make $1B in 2023, and then also start to live paycheck-to-paycheck. Tone will have to drink my piss at that point.
What industry were you in before being laid off?
 
What industry were you in before being laid off?

I was a consultant for a giant ag equipment company that completely botched their acquisition/integration of a smaller precision ag and autonomy company.

Many people from both the big and smaller companies quit in the past year. I spent the previous year with a great paycheck but no role. Some that remain still get the great paycheck, but also have no role right now.
 
If everything is buttoned down like you say, why not knock that mortgage out and become debt free?
Obvious answer is you have cheap interest and are making bank in the market….still, debt blows!

Debt in a house is not bad, math says if you refinance a house at the right interest rate your net worth can take a huge boost especially in the long game.
 
Six figures used to be a big deal, but it’s really not what it used to be. Some of this is spending habits and the consumer debt bubble. Then of course inflation and things like student debt.

I’d say the “new” 100k is 250k and no I don’t make 250k.
really depends where you live. In small town nebraska, COL is cheap. Lincoln is a little more expensive - Omaha more so. then it goes up from there in your true big cities.
 
really depends where you live. In small town nebraska, COL is cheap. Lincoln is a little more expensive - Omaha more so. then it goes up from there in your true big cities.


That’s a fair point. There are also fewer high-paying jobs in Rural Nebraska. More in Lincoln and more than that in Omaha.
 
The more you make, the more you spend. I used to get excited about raises, but now I just allocate most of them to savings so that they don’t disappear.
With direct deposits being able to go to several places, more people should really limit what goes into spending accounts and increase what goes into savings/investment accounts
If you don’t have easy access to it, you’re much less likely to even try
 
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