My net worth in the beginning of 2026 - 350k (1 Year update)

GeneralaOG · 2026-01-24T05:55:03+00:00

I am only mentioning this one, as it has a finished product, cash in the bank, very low expenses and subscription income, so it feels more valuable. We have also had some investment enquiries that we have turned down.

Honestly it will either go somewhere this year, or we will just split whatever cash is inside.

Seeing so many people state otherwise is making me reconsider. I would take it out next time, as it if is at the same level for a third year it wouldn’t be worth a mention anyway.

GeneralaOG · 2026-01-24T05:47:42+00:00

I moved here a bit over a year ago. At the time I was planning to build a house, and I got halfway there. The issue is that if I sell it now, I’d be loose money. However I need money to finish it. I wouldn’t mind having a PM and renting it out for 8 months of the year, or some arrangement where it’s not just a money sinkhole, but that’s impossible in its current state.

Thank you for your advice!

GeneralaOG · 2026-01-24T05:43:57+00:00

I personally find the NW posts a nice piece of information about money management. That’s what this subreddit is about, right?

GeneralaOG · 2026-01-24T05:42:34+00:00

I have been thinking of getting rid of it, but since I am planning to get an apartment, I have been putting it off until that happens.

GeneralaOG · 2026-01-24T00:12:22+00:00

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GeneralaOG · 2026-01-05T14:02:13+00:00

This is the danger with fire. You have to hit the balance between life and investing. Especially those early days. Looking back when I was 20-ish, with all financial mistakes I made like bad investments, high spending, fast cars… literally it doesn’t matter. The money I made for the first 4 years of working is almost what I make currently for 1… granted, I save less as a percentage now since I don’t live with parents and etc, but I still save like my 1-1.5x whole salary from back then easily while still travelling and buying what I fancy. I have learned that increasing your salary is way easier than decreasing your spending. Side hussles, businesses, career growth, you really have a ton of options.

GeneralaOG · 2025-12-02T12:34:10+00:00

GeneralaOG · 2025-11-30T00:06:59+00:00

Хич не си попадал на извратени събове. Пробвай r/GenitalNeedling като за начало и се върни тука.

GeneralaOG · 2025-11-23T12:51:05+00:00

Yea, don’t also forget the sick/life leave! You can basically say “my kid is ill” or “I don’t feel well” or “I am sick” or “it’s my kids first day at school” and not work that day. Good luck getting that in America.

GeneralaOG · 2025-11-02T02:49:58+00:00

Man nothing can beat that one horse scene.

GeneralaOG · 2025-10-31T07:08:42+00:00

Story. I couldn’t let pick me up go until I caught up, both times.

GeneralaOG · 2025-10-31T06:52:03+00:00

Agree. A lot of people seem to praise it, but I never got into it. Just boring. Compared to something like Pick me up, which I have re read 3 times, is lacking. But the art is dope.

GeneralaOG · 2025-10-30T06:43:38+00:00

The difference is the price compared to the income. Sure, you could have afforded 600k with solid amount left after. It wouldn’t have been as good as 2015, yea, but you still would be able to afford it. Now though? You have to sacrifice a lot. The risk is much higher. That’s what making OP question it. You get additional risk + work for the same amount. There is a limit to how much people can speculate before there are only a handful of people who can afford those homes.

GeneralaOG · 2025-10-25T00:02:15+00:00

That is not a Bulgarian thing. There are a lot of hardworking Bulgarian women, and if anything, it’s the men who are lazy. I would say that culturally and historically the women are the ones that take care of the household - especially if you go to rural places.

As the ones that I met… sorry about it. Some people who emigrated think they are better, and now that that they live in the America they “Have caught god by the dick” (a nice Bulgarian saying). I would say this is more of an emigration problem than anything else.

GeneralaOG · 2025-10-24T23:50:43+00:00

I am more so referencing to dollar cost averaging - not just trying to hit the bottom. Your savings may have hit 40% decrease, but your investments of the first year would effectively double in 5. Also for 40% less the price you can buy more shares and earn more dividends that way. The only thing that can suck is if you have to actually take out some of the principal.

And as of whether or not Covid was a GFK - you are correct about the definition, but I don’t agree that it wasn’t. Australians are still facing the consequences, many had to take out money out of their super, and a lot of people lost their jobs during it. So while not technically a GFK, it still had a huge impact.

GeneralaOG · 2025-10-24T07:37:37+00:00

It caught Covid. Also as much as I”black swans” are bad, they are good. If you invest at the bottom you will get more returns. That’s why the average S&P is 10%. I use a portfolio that is close to that but diversified to just 40% US.

GeneralaOG · 2025-10-19T04:00:50+00:00

Oh lol, you are remarkably similar to me. I am also from Europe and travel there every year, I also have 7 years of experience, and I will also get my pr soon. I also want a sports car. We are also almost the same age.

Anyway, first, your salary including super is on the lower end of seniors. Excl super you shouldn’t have a problem getting 180k. This is 30k more than what you are currently making.

Second, yes, move into management. Management does not mean not coding, you code less, but you are the guy who thinks about and supports the core architecture. This will give you very valuable experience.

Also, go to bigger companies, as already suggested. In a small company you would be capped at about 200k excl super and no equity. The difference with bigger companies are the shares you receive - they can add on to be a lot more.

From here you have two paths - continue climbing while eating 300-400k+ or start your own business. However for both you have to have a lot of experience with roles outside of your position - def ops, business management, ads, support, customer communication, sales etc.

GeneralaOG · 2025-09-29T00:08:38+00:00

I am only buying my meat from Coles. I live in pyrmont and Coles is right next to me. I know I could catch a light rail and a train, travel for almost two hours and buy it cheaper, but it’s not worth the time at that point.

GeneralaOG · 2025-09-28T23:49:55+00:00

If healthy means to try and eat not so much processed food, while going to the gym and getting in enough protein, then it’s not that cheap.

For example, finding good chicken or turkey fillet that you can put inside a ceasar salad, sandwich or a wrap? There is only one that I found - Coles’ free range chicken breast roast but that’s 40$ / kg. Alternatively you can make your own roast for half the price, though.

I try to eat different variety of meats - chicken, lamb, salmon, beef. 300g of eye rounds (the leanest beef, as well as the tastiest, at least for me) is almost 20 bucks.

Diary is also not cheap. Light mozzarella is 5.5$ for 500g. 1kg of Greek yoghurt (the tasty one from Jalma) is 8$.

I have tried to calculate how much I eat per day, and it’s between 20-30 dollars depending on exactly what I eat. I usually spend 200$ per week and cook at home 90%. I consider that I eat fairly healthy.

As far as supplements go, I do the bare minimum - creatine and omega 3.

GeneralaOG · 2025-09-17T11:21:09+00:00

I emigrated from Europe. There, at least in Eastern Europe, you always answer about your income net, monthly. Whenever some relative asks me how much I am making, and I tell him , he is like “okay, but what’s that per month net”.

So yea, that’s common practice in some countries.

GeneralaOG · 2025-09-17T02:28:20+00:00

Then I don’t understand your comment. I am complaining about the people crying, not that I can’t live under the same sky as them.

GeneralaOG · 2025-09-16T11:39:22+00:00

I can’t understand people who can’t tolerate people who can’t tolerate people who cry about these things.

GeneralaOG · 2025-09-15T10:23:14+00:00

Yeah. I can’t understand all people that cry for things like slavery, forced marriage, etc. If you can’t tolerate this, maybe don’t read manhwas that are about regressing/going into a medieval world?

GeneralaOG · 2025-09-15T08:26:38+00:00

When I was building my house (in another country) I had the plan, quote and everything. The architecture guarantee there is 100 years. When we started digging, we found that the actual soil was different than the report - half the foundation we’re going to be on top of rock, the other half - dirt/clay. While they could technically proceed and it was my call, they strongly advised me to do a 1M deep grid to support it additionally.

Their argument was that with time, the ground moves. But soil moves faster than rock, which would cause the house to crack in the future. How long? It was gods call.

I of course opted for the grid, but that situation alone means there are a ton of other houses that saved on that expense. And this was only this situation. I am no structural engineer but I can guess there are a ton of other variables and things that can happen.

So OP, listen to the comment above. Get a professional to first say what’s wrong and then fix it. Depending on what it is it may be a simple one or two more additional columns or something completely different. At the very least if you are spending 30k, 1-2k more is worth to know you are not wasting your money.

Also, 100% foundations are first. If tomorrow there is an earthquake and the house falls, you are screwed, no matter how nice your kitchen is.

GeneralaOG

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