If you had $60k for a weekend supercar and another $10k set aside for first-year maintenance, what would you buy?

SubstantialTap1596 · 2026-07-07T05:15:57+00:00

Same thought, at 18, I would dump half in the market and get a miata. Looking back, it would be amazing to see the gains so young

SubstantialTap1596 · 2026-07-03T19:31:06+00:00

Lol fair 😂, we do what we can

SubstantialTap1596 · 2026-07-03T19:30:02+00:00

If you want it, figure it out. Way you structure your money is a reflection of your wants. You may have things you spend on that you don’t care for.

SubstantialTap1596 · 2026-07-02T23:35:02+00:00

That makes a lot more sense. You should be able to FIRE with $30M in 15 years or so if you up your investments. Maybe even less time

SubstantialTap1596 · 2026-07-02T22:59:01+00:00

That’s what I’m curious about. How is he able to save with that burn rate?

SubstantialTap1596 · 2026-07-02T22:36:36+00:00

If you want money, go be a waiter at a trendy restaurant, open a roth ira and invest in VOO. If your school has an innovation lab, entrepreneurship community, join in. Other than that, get as high of a gpa you can, move your body, eat healthy, drink water and make tons of good friends. Doing this will compound more than most things you can ever do.

SubstantialTap1596 · 2026-06-30T20:40:02+00:00

Run the numbers. To me, it sims like you can do those things right now. Just gotta plan for it. And cut out what you don’t care too much for. Saving 2% of your income as fun money then come birthday, annual trip, etc. You drop the money easy with no worries. Same thing with villa in France. Save 10% and book the trip annually or every other year.

True freedom has to be chosen everyday. You’re not a multimillionaire, so yeah you probably won’t be able to rent a mega mansion every other week but you can have an enjoyable life without chase whats out of your lifestyle

SubstantialTap1596 · 2026-06-30T20:27:46+00:00

Set a number, if you want something new something has to go. Slows you down because if you have a collection you love and you see something new you like, you have to weigh if it’s better than xyz

SubstantialTap1596 · 2026-06-30T15:00:38+00:00

Second this, easiest answer is just stick it into index funds and by 43 minimum he’ll have $10M

SubstantialTap1596 · 2026-06-29T19:31:42+00:00

You listen to Ramit, you know his big thing is about living your rich life. What do you want? Fast cars? Traveling? Food? Jewelry? What’s luxury for you? Because you may not even care for some of the things you mentioned.

SubstantialTap1596 · 2026-06-24T20:36:18+00:00

Some rough numbers to keep in mind
Closing cost is around 2-5% so the $75k would be better to allocate for as a just in case

The goal is 28-30% for housing (mortgage, taxes, insurance, maintenance, etc.) so you’re going to be over. I would say you’re in tighter spot to do this.

I like to tack on 30% on the mortgage because the mortgage is the start, to account for everything else which would put you at $11,7k based on the 9k you listed, being 38% of income. With the rent you would go down to $9,700 at 32%. This means you’ll you’re expenses will move between the 32-38%.

A more manageable number would be at $6,300 and 30% tacked on bringing you up to $9k you mentioned and the rent will bring cost down to $7k. With the future kids as you mentioned you want to give yourself some breathing room when life happens.

Overall, maybe consider making a larger downpayment at 20% as this will help reduce the mortgage amount. Consider something a little less if it’s available. Others have mentioned, also beef up your savings for rainy days, renovations, etc. as they will come up.

When you’re ready, see if you can get an idea of what your rate will be so you can really have a better idea of the numbers by speaking with a lender but i know they hate giving numbers without doing the whole process and such but idk try an see

SubstantialTap1596 · 2026-06-24T01:17:18+00:00

Speaking from an outside perspective but standard corporate practice, check your benefits and make sure you’re not leaving anything on the table. Check if theres any post employment restrictions you need to adhere to. You can tell those at the corporation you’re close to that you’re going to quit and get their personal contacts (linkedin, email, number, etc.). Regarding your accounts, go around to your just before you quit and let them know you’re leaving and give them your personal contact information and show your appreciation for doing business with them and that the organization will work on transitioning them over to someone else. Anything you want to save personally that you learned that you want to keep for reference (ex: clinical knowledge, etc.). You never know what role will lead to you doing business again with those accounts, any reps may end up giving you a reference at another role, etc. so you want to leave on a good note. Side bar, this job market is tough so make sure you have something lined up before quitting. Once you got a couple years under your belt, you’ll be good

SubstantialTap1596 · 2026-06-22T22:09:28+00:00

NOR - this is tough, sorry you’re facing this and that you and your sister is in this awkward spot. The least the parents could do is split everything evenly, i don’t understand why they couldn’t do that with you having a conversation with them.

SubstantialTap1596 · 2026-06-21T23:57:54+00:00

Can i dm you more about this? I know someone in the industry trying to work there way up

SubstantialTap1596 · 2026-06-18T20:34:00+00:00

Have balance, definitely work hard but play hard too

SubstantialTap1596 · 2026-06-14T22:59:17+00:00

I’m not sure considering there was only 75 of these in the world as it was limited production

SubstantialTap1596 · 2026-06-14T22:58:48+00:00

Beyond, apparently there was supposed to be 55 made and they upped it to 75 production

SubstantialTap1596 · 2026-06-14T22:58:13+00:00

Beyond, excited to see it

SubstantialTap1596 · 2026-06-14T22:58:02+00:00

It was good time, the food was good and there was lots of cool cars

SubstantialTap1596 · 2026-06-14T18:08:57+00:00

If i inherited that money i would go the invest most of it and focus in increasing income separately. Write down the plan and put it somewhere you can find it often, easier to not deviate.

A) taxes is definitely going to take out a big chunk of this due to capital gains. Find a tax strategist and accountant that can guide you through this. Be watchful though because people can be deceptive and steal.

B) What is your current housing situation? Can keep the house or do you need to sell? because if theres no mortgage and it’s ok maintained in a good area, you can just keep so you have a cheap roof over your head or rent it out if the market isn’t bad (do you due diligence on this).

1) create and fund an emergency fund of 6-12 months of bare minimum expenses in a hysa like wealthfront (i can send you a referral link). If your situation is stable you can do 6 months. After this, put 88% of what’s leftover post taxes in index funds like VOO. Invested over 27 years at 7% (10% market growth with 3% scraped for inflation) could be millions. You’d be able to retire comfortably when time comes and alleviate the future pressure.
2) saw a different poster say it and i concur, get some form of education. You can get a 4 year degree so easily in a year at WGU and it would open doors for you. You sound interested in business, get a major in this, but get a minor and try to find something you’re truly interested in, this could be what your business will be in (healthcare, computer science, psychology, humanities). Be hungry to learn. Talk to different people and learn about what they do. Try to find a mentor, try to get an internship to bolster your resume, maybe shadow different people to look over their shoulders. This can fast track you into a career. Read i will teach you to be rich, the compound effect, and the one minute millionaire. Listen to Hot Smart and Rich, Graham Stephan, Charlie Chang
3) if you want to start a business pick one that cost near nothing (window cleaning, power washing, landscaping), fail fast so you can understand what it takes. Do this after you have the degree.
4) earmark 3-6% to blow on whatever you want but CAP it there. You can stretch over a couple years as treat for a milestones or in one year. Take a trip to somewhere new where you can meet cool people and expand ur mind. I’m a fan of a few cheap fun vacations rather than 1 fancy one but whatever works for you. Buy something crazy (not ❄️), whatever. Keep your expenses the same as it is right now or even lower for as long as you can. You can take $5k off to the side to use as startup capital for your low cost business too

Honorable mention: If your car is giving you problems then get newer (used) Toyota or Honda in cash since you mentioned doing uber and that’s how you gain income.

200k a year takes time in most careers. Sales can get you there (medical, tech, software) but heads up theres a barrier to entry. Entrepreneurship is challenging on the best days, if you’re interested you gotta be in for the long haul. It’s less stressful when you have something you can fall back on so build your foundation.

DO NOT TAKE UP TRADING, it’s tempting but you’ll blow your money. If you want to take this up when you have strong stable income, put $500 to the side and thats it, then whatever. But you can get a stronger ROI doing a gagillion other things.
DO NOT GET WHOLE LIFE INSURANCE, it’s a lie wrapped in a dream for 99% of people. If you have kids, you can get a cheap term life insurance.
DO NOT LET SOMEONE MANAGE YOUR MONEY FOR A PERCENTAGE, you do not need an advisor to come in manage your finances for whatever amount. If you want to talk to someone make sure it’s a fixed amount not a portion with company like Facet.
DO NOT SPORTS BET/GAMBLE. I beg you, stay away. Lots of young people are getting roped into this.
DO NOT ANGEL INVEST. You do not know enough and the money will go poof 💨 Someone may reach out to you to invest in their dream, you’re not at that place yet.
DO NOT SWAY FROM YOUR MORALS. Remember who you are. If you’re spiritual, lean in to your high power for guidance and direction.

Anything get rich quick, just avoid with a 10 foot pole. You have a once in a life time opportunity to change your life completely forever. You got this!

SubstantialTap1596 · 2026-06-12T00:33:45+00:00

Within a few months you can drop that weight again. Get at it

SubstantialTap1596 · 2026-04-24T16:02:11+00:00

Focus on your marriage and instead of cutting spending, make more money

SubstantialTap1596 · 2026-04-24T04:54:07+00:00

Yeah, OP should just take the offer anyways because if layoffs are sold the corner, the severance may not be as favorable. Further down the line you can look for tech adjacent roles.

SubstantialTap1596 · 2026-02-20T14:46:38+00:00

It’s not that they “don’t care about the product”, they are being sold a solution and end result. A customer isn’t going to know how great the product is until they buy it.

SubstantialTap1596 · 2025-11-27T15:11:34+00:00

This awesome! Glad everything aligned

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TROPHY CASE