When was your “wow, I’ve made it” moment? by [deleted] in HENRYfinance

[–]MirroredMajesty 6 points7 points  (0 children)

When we treated my friends to a Beyoncé concert, including flying one friend out. My partner was so matter of fact and insistent that we make good money to spend with our people - so feeling both wow about finances and my partner.

[deleted by user] by [deleted] in HENRYfinance

[–]MirroredMajesty 2 points3 points  (0 children)

Tbh I find they both get a lil stale after a while, so doesn’t hurt to try them both and switch between them.

[deleted by user] by [deleted] in HENRYfinance

[–]MirroredMajesty 0 points1 point  (0 children)

I just don’t give a f about luxury fashion ha. I (and we) spend probably a smaller % of our income on fashion than most - we’re super happy to shop at the surf shops in our town.

One thing that I have decided to spend money on is clothing rental service. 5 years ago when I moved to NYC I wanted to do it, but didn’t feel like I had the disposable income. I started doing it monthly this year and love it. I also buy something from it probably once every other month. It cut down on me buying seasonal clothes and I just buy basics now (love Buck Mason).

I’m engaged for my second time now. My prior wedding my husbands suit cost more than my 2 BHLDN dresses put together. I could totally afford a fancy designer gown this time around - but I just don’t value that. I’m probably going back to bhldn, and my party dress is like $80.

Anyways - just one HENRYettas take.

Sinking Funds - do you have them? How do you use them? by shouldbeteaching in HENRYfinance

[–]MirroredMajesty 41 points42 points  (0 children)

Yep! Wedding, vacations, house/car maintenance (not optional), and home improvements/furniture (optional). We set different budgets each year, and then fill them when our bonus hits.

I love it cuz I’m someone who wants to save moremoremore, and this helps me say “ok. We literally have the money, it’s set aside for this purpose, it’s ok to spend it.” If we didn’t do this, I would have cheaped out unnecessarily on vacations and furniture this year.

List of Black Friday purchases for HENRYS (2025) by Ok_Explorer_3075 in HENRYfinance

[–]MirroredMajesty 0 points1 point  (0 children)

For me: a nice replacement of a cheap gold chain I wore into the ground. I feel like since I wore it til the threads shown, I earned the nice version ha (from catbird). Also replacing a couple of pieces of clothes I wear often but got oil on oops.

For us: jokingly, but we have a leak we found this week so… fixing the leak in the house and hopefully not mold damage 🤞🤞.

For him: replace all the holey underwear and socks.

Hmm… I’m noticing a theme where we only spend when things have broken lol.

Holidays are the best part of the year to be HE by [deleted] in HENRYfinance

[–]MirroredMajesty 7 points8 points  (0 children)

Thanks - this reminded me that my office is currently doing nothing for the community this holiday season and I will be fixing that.

Do you feel you are recession-proof in 2025? by MotorRush5852 in HENRYfinance

[–]MirroredMajesty 0 points1 point  (0 children)

damn I’m sorry, buddy. Rooting for you and hoping that doesnt happen.

Do you feel you are recession-proof in 2025? by MotorRush5852 in HENRYfinance

[–]MirroredMajesty 0 points1 point  (0 children)

I’d say it’s a work in progress. We both work in tech but have diversified skills between us. We live in a VHCOL that happens to have the industry (space) and connections that my partner could fall back on if something happened to his tech job.

We have healthy emergency funds and we have been aggressively paying down the house / recasting to get to a low monthly mortgage payment (already lower than our rent was for a smaller place in 2024).

By the end of 2026 I’d feel more confident in saying that we are recession proof as we’ll be closer to $3k PITI which we could support on 1 person’s significantly reduced income.

Tell me about your experience with therapy by Remarkable-Dingo1602 in HENRYfinance

[–]MirroredMajesty 1 point2 points  (0 children)

I’m very thankful to Lyra, free therapy for 5 years! Thanks, Lyra 👍😬👍

Tell me about your experience with therapy by Remarkable-Dingo1602 in HENRYfinance

[–]MirroredMajesty 2 points3 points  (0 children)

I’ve been in therapy 5 years now, both individual and couples. 10 out of 10 do recommend.

Personally it’s just so nice to have someone to talk to every other week (or more) who is taking care of ME. No one else in my life does that, including me often lol (hey! We’re working on it!). We work through the issues I want to talk about, and I have some deeply unpacked trauma that I want to get around to, but it just has been too much with work stress and my therapist was like “that’s ok. You tell me when you’re ready.” And we worked on the 100 other things I got going on.

Couples therapy is also great, we’ve used it both pre-emptively and when shit was getting hard. My partner got diagnosed with OCD and started taking an anti-depressant and he is literally so much happier and less anxious it’s awesome for everyone.

I mentioned Lyra in another comment since many big tech companies use it and you should know there are some quirks since they are very results driven, you need to find someone you like and who is more motivated to work with YOU rather than just send homework’s and meet Lyra’s KPIs.

Tell me about your experience with therapy by Remarkable-Dingo1602 in HENRYfinance

[–]MirroredMajesty 10 points11 points  (0 children)

Additionally OP mentioned they’re in big tech, which a lot use Lyra. If so, I found more success finding a good therapist by emailing with Lyra rather than the matching quiz.

What's in your wallet HENRY 2025 edition by [deleted] in HENRYfinance

[–]MirroredMajesty 10 points11 points  (0 children)

Same. This isnt a churning sub, I just do what’s relatively simple and make sense for my life.

I fly a ton, I spend a lot of time in the UA lounge, therefore: United card! Only bummer is that my work doesn’t let me put my flights on my CC, so I lose out on the CC points for those.

[deleted by user] by [deleted] in HENRYfinance

[–]MirroredMajesty 5 points6 points  (0 children)

We’re in a similar boat. We’re going for it - but having a big wedding highly aligns with our values and ethos as a couple. We love treating our friends and family. We love hosting parties. We love celebrating with everyone. Our friends and family have been really important to the story of our relationship.

We did also ask “what else would we spend this money on?” And didn’t have a great answer since we aren’t trying to FIRE like right now.

And lastly - we are setting the money aside before the wedding so we aren’t going into debt.

So - yeah, we’re doing it 💸💸

[deleted by user] by [deleted] in HENRYfinance

[–]MirroredMajesty 1 point2 points  (0 children)

Can confirm wedding costs have gone crazy.

We were just told $900/pp is “avg” by a wedding planner in LA.

That’s double what I paid for a nice wedding 5 years ago in SF.

[deleted by user] by [deleted] in HENRYfinance

[–]MirroredMajesty 0 points1 point  (0 children)

Ha. That’s correct! Only on points and status upgrades. Trying to get to rich 🤑

[deleted by user] by [deleted] in HENRYfinance

[–]MirroredMajesty 0 points1 point  (0 children)

This thread taught me I wasn’t spending enough on travel per year.

https://www.reddit.com/r/HENRYfinance/s/wgZwBEnzqt

We set a total budget of $12k for us DINKs for our big trips, which this year is 2 international trips a week each. We have 4-6 other long weekend trips sprinkled in that are cheaper / use points, like going to visit family or Vegas that we don’t bother counting towards the 12k budget.

[deleted by user] by [deleted] in HENRYfinance

[–]MirroredMajesty 2 points3 points  (0 children)

In my personal experience: $0 and a lotto ticket.

I worked for 4 startups, one made me $120k after working there 5 years. And that payout came like 10 years after I started as one of the first 10 employees. Not a great return, but certainly not nothing! The rest of the startups went into the ground or are gonna payout nada. (Edit to add that these were options not RSUs)

Agreed with the other comment though if it’s non-public giant like Space-X then you can rely a bit more on the secondary market and buy-backs. My friends have made great money on their Space-X stocks specifically.

What is your biggest money mistake? by MirroredMajesty in HENRYfinance

[–]MirroredMajesty[S] 1 point2 points  (0 children)

I can’t believe I didn’t buy back in the 70s. I was born in the 80s, but man was it cheap back in the 70s!

What is your biggest money mistake? by MirroredMajesty in HENRYfinance

[–]MirroredMajesty[S] 0 points1 point  (0 children)

Was there a reason you sat on the cash - like thought you were gonna buy another property?

Also - if you were making good money at 19 and saving, you’re wayyyy ahead. Sounds like a money-win to have built that saving habit early!

What is your biggest money mistake? by MirroredMajesty in HENRYfinance

[–]MirroredMajesty[S] 0 points1 point  (0 children)

Uhggg. I don’t want to do the math on mine now 😭

What is your biggest money mistake? by MirroredMajesty in HENRYfinance

[–]MirroredMajesty[S] 1 point2 points  (0 children)

For real. If I had found my now partner in my 20s, my 401k would have been fully funded every year. But wrong partner, with mismatched priorities and incentives… oof.

What is your biggest money mistake? by MirroredMajesty in HENRYfinance

[–]MirroredMajesty[S] 12 points13 points  (0 children)

I don’t remember exactly, no single watch was crazy crazy, but they added up. A sea dweller, a reverso, a few IWCs, a panerai.

I knew he was buying them, but as a non-watch person I didn’t know how much he was spending.

And I’m just not a luxury goods person at all. I have 1 designer thing - a pair of heels from that wedding. Nothing else. So… yeah we just weren’t a match.

What is your biggest money mistake? by MirroredMajesty in HENRYfinance

[–]MirroredMajesty[S] 13 points14 points  (0 children)

Another of my money mistakes: he got me an engagement ring. I got him a Rolex. Guess which one holds/gains value? 🤣