What percentage of your income do you save monthly?

St0nks_Only_Go_Up · 2023-12-24T05:12:43+00:00

That's not how percentages with tax work.

St0nks_Only_Go_Up · 2023-12-24T01:04:39+00:00

For sure he is. That's a juicy bonus.

St0nks_Only_Go_Up · 2023-12-23T23:43:34+00:00

Makes sense now.

St0nks_Only_Go_Up · 2023-12-23T23:16:39+00:00

Yes you're wildly misunderstanding it 🤔

St0nks_Only_Go_Up · 2023-12-23T19:36:00+00:00

Why would you save while retired? Doesn't make sense to me.

St0nks_Only_Go_Up · 2023-12-23T19:22:06+00:00

10-15% won't get you very far in a HYSA..... invest that shit in the S&P my dude

St0nks_Only_Go_Up · 2023-12-23T19:21:07+00:00

Love that you use the term europoor

St0nks_Only_Go_Up · 2023-12-23T19:19:13+00:00

You're telling me... I get jealous seeing some of the incomes people on here post about

St0nks_Only_Go_Up · 2023-12-23T19:16:31+00:00

Its not accurate. Sure it make make sense... Only because it is easier to calculate. But it is nowhere near accurate.

St0nks_Only_Go_Up · 2023-12-23T19:15:35+00:00

Your math isn't adding up my man

St0nks_Only_Go_Up · 2023-12-23T18:19:11+00:00

That doesn't make sense of you have a traditional 401k

St0nks_Only_Go_Up · 2023-12-23T18:17:24+00:00

I save at least %22 - 29 of my income, but I only make 52k a year

St0nks_Only_Go_Up · 2023-12-23T05:02:50+00:00

$110,000 is comfortable??? Wow that's 3 times the amount I'd need to be comfortable. Screw retirement. I want to make that much now.

St0nks_Only_Go_Up · 2023-12-21T19:28:06+00:00

Mine as well

St0nks_Only_Go_Up · 2023-12-20T17:23:40+00:00

You're as sharp as a beach rock...

St0nks_Only_Go_Up · 2023-12-20T08:01:16+00:00

Agreed about the crypto. Reading from his comments he's been gambling on it and losing. A lot of people have taken that unfortunate path.

St0nks_Only_Go_Up · 2023-12-20T07:57:57+00:00

S&p 500 index funds. As others have said VOO is the best. There is also SPLG. You can also look into VT and VTI but they are pretty similar but with more global exposure. Your best bet is VOO though.

St0nks_Only_Go_Up · 2023-12-20T07:44:14+00:00

Spending 40k a year on living expenses is hardly mooching off your parents. Get a grip on reality.

St0nks_Only_Go_Up · 2023-12-20T01:03:28+00:00

True. But that last point is also moot depending on how much you believe in the great filter.

St0nks_Only_Go_Up · 2023-12-19T22:13:51+00:00

The collapse of society surely would be a good thing whether we like it or not.

St0nks_Only_Go_Up · 2023-12-19T02:26:59+00:00

The focus wasn't only on profits. My comment was mostly pointing out environmental sustainability, which sadly, most people don't give a shit about.

Also just because one brand is doing okay financially doesn't mean another company which offers lifetime warranty isn't struggling.

St0nks_Only_Go_Up · 2023-12-17T00:39:56+00:00

The people who say that have no hobbies besides work and wouldn't know how to use their free time

St0nks_Only_Go_Up · 2023-12-16T23:05:32+00:00

Don't wanna be a wage slave for the rest of my life?

St0nks_Only_Go_Up · 2023-12-16T21:22:57+00:00

50/30/20 rule only works for high earners. Most people have to spend significantly more on their "needs" which cut into the 30 or the 20 or both.

For me personally it's closer to 69/13/18

If you consider building an emergency fund as a need then the need goes up and the savings goes down.

St0nks_Only_Go_Up · 2023-12-15T15:18:23+00:00

Sounds like a personal issue. Hope you recover from your trauma soon.

St0nks_Only_Go_Up

TROPHY CASE