For those of you who front about your BMWs and 6 figure incomes

[casiNo.]

You can still have nice things and not be someone who is in debt for them.

this, i live pretty comfortably with a decent income and can still afford to get pretty much most things i want
LEXUS IS CREW ayy

[thehypocrit]

lol peoples delusion of never being in debt

it's ****ing stupid

[thehypocrit]

Investing the money is pumping it back into the economy lmao


Everyone taking this thread the wrong way. For the average person, to become rich, you must save.

the mentally that saving pennies at penny rates will make you a millionaire is a ****ing joke

that **** does not work

[Anothersloth]

there's more paths leading to Rome, there's truth in what you stated tho.

[CityJaeger]

Or I just happen to like beautiful cars you know ?

[WillBrink]

Age 21, from a book written in 98. Great that this is news to you OP. Not so much for others. Yes, save $ and invest in chit worth investing in. Your next read should be Rich Dad Poor Dad.

[TurboTay]

Very valid points. My mom has almost a million in her savings and drives a KIA and only shops at Walmart and Ross lol

[OhioBoy21]

Drives a 28 year old truck crew

[meenman83]

Strong cope OP

[nosirrahx]

Read "The Millionaire Next Door"

It examines the statistical reality of how millionaires in America live. The vast majority of them live very frugal, non consumer lifestyles. They drive entry level used cars, live in lower middle class neighborhoods, and don't buy expensive watches.

The people who drive nice cars, live in nice houses, and live lavishly are mostly people who live beyond their means. This doesn't make them happy, it's just compensation for perceived social inferiority. Nothing is more beta than that. These people will never retire or be able to offer financial security for their family misc. Don't be like that. Live frugally and save/invest the majority of your income

Translation:

Live a beta lifestyle so no one wants to emulate your alpha accomplishments.

[DeadlyStriker]

It boils down to money management. You're pointing out two ends of the spectrum. There should be balance.

Why live frugally and a basic lifestyle to accumulate wealth for....what exactly?

But at the same time you can't just spend everything being a huge consumer. You'll be left with nothing.

You need to manage your money correctly. Save a certain amount, invest a certain amount, and enjoy a certain amount depending on your budget/salary/total income.

Why tf would I want to live in a low class neighborhood, wearing new balance, and driving a 2005 honda civic, when I have the means to have a nice car, a good house in a good area, and being able to look nice in my daily life. Do they not go on trips? What are they accumulating wealth for? For the sake of it? It is fukking paper. Be smart, save and invest, but also live your life and buy and do the things you want to. You live 1 life. Wtf am I supposed to do when I am sitting in my house with millions of dollars, and I am too old to enjoy the wonders of the world to the full extent.

[nosirrahx]

Strong cope OP

also this

[BuckNakedinBama]

Can confirm, have 6 figure income, new truck, paid off BMW, max out my 401k, but otherwise live pretty frugally.

[aal04]

This just in, theres pretenders out there.

Namek Goku's on land

[JetFalcon]

Ya how do you get richer if you buy an expensive car that only loses money? Sounds stupid.

However if I can flip nice watches, I'd own it for like 3 months and sell it before it losses money.

[arod204]

OP, has a point. You don't accumulate wealth by spending money on unneccessary luxury items

Meh. That wealth doesn't go with you when you die.

I work hard, and I'm in my late twenties with the car I want, the life style I want etc. To the people who make money and live frugally, power to you. I take trips, spend the money on the life style I want to live and enjoy my prime instead of plowing through it on ramen noodle so that when I'm old and my past is long gone I can look at my bank statement and think wow, look at all the fun I missed out on to amass this. Now I'm 40's and have 30 years of life to enjoy, too bad I spent more than half of the only time I have on this planet with a chit life.

[arod204]

LOL @ people that dream of retirement.

Why would you look forward to being closer to death and having 0 athleticism or ability to slam young hot girls.

Good night, sweet prime.

I have a six figure income and drive an 11' Civic. Base model too. $100k income is the new $50k income. It really doesn't go that far anymore. Especially if you have a family.

This is true. I make less than 6 figures (90k + bonus) and it really isn't that uncommon and it really doesn't go that far. I used to be on that poverty time (put myself through school no loans) and I always thought when I hit this money life would be cray. It's good, its comfortable, I save a lot and I play a lot but it's not some kind of super baller status. I couldn't imagine making 50k a year and saving most of it, what is the point of living like that? Just dreadful.

[thatsnarf]

If your only argument is my age, you have no argument. I'm not telling you how to live, I'm telling you how to live if you want to retire comfortably. Your negative usage of the phrase "average joes", and your extreme emotional reaction to this thread, suggests that your values are very consumer based. That's fine and all, you do have free will, but that's not the path to financial freedom or happiness. Financial freedom is obtained through budgeting, saving, and investing. Happiness is obtained through relationships with other humans, a sense of purpose and achievement, and being a good person. I refuse to feel bad because you're threatened that your values are being questioned by someone younger than you. Grow up

rekt

[HayZues Christi]

lol peoples delusion of never being in debt

it's ****ing stupid

30+ crew with no debt.

[eLjay28]

6+ figure crew and drive an old ass 2003 RSX and live in normal ass apartment with roommates.


Also blow half my income on partying which I've recently calmed down with. Def. worth it tho.

[Luke753]

Reminds me of Warren Buffett. He lives a frugal lifestyle for a billionaire. I don't worry about what other people do with their money though, since not everyone spends money the same way. Some like fancy things and others don't.

[DrFeeIGood]

LOL @ low six figures, aint **** cuz..

[themiscwiz]

6+ figure crew and drive an old ass 2003 RSX and live in normal ass apartment with roommates.


Also blow half my income on partying which I've recently calmed down with. Def. worth it tho.

Besdies Tier and Vintage..What partying is there to do on orange ave? lol. Orlando blows.


One thing I think people are forgetting is: FAMILY... I'm very comfortable with my lifestyle right now. But, I'm also single, casually go on dates to dinner and what not. Throw in a girlfriend/wife or even worse a kid, then yea, you're ****ed. $100k isnt a lot.

[AhDo]

that book is bad (srs). It's basically common sense, with a few pages worth of research backing it up.

Cliffs: if you save money, you will have a decent net worth. If you spend more money than you earn, you will have a low net worth

[themiscwiz]

LOL @ low six figures, aint **** cuz..

I just took 71k off that list. Meaning I have at least 76k leftover.

Again, where people get ****ed is buying a house AND having a family. Not knocking it, have a family, but know that once those ****ing kids comes into play, youre ****ed. If I'm not making 500k when I have kids, I'll be miserable.

Read the richest man in babylon (spellcheck). That book teaching the ****ing fundamentals of saving and growing your worth.

[eLjay28]

Besdies Tier and Vintage..What partying is there to do on orange ave? lol. Orlando blows.


One thing I think people are forgetting is: FAMILY... I'm very comfortable with my lifestyle right now. But, I'm also single, casually go on dates to dinner and what not. Throw in a girlfriend/wife or even worse a kid, then yea, you're ****ed. $100k isnt a lot.

Downtown gets old after while. I bartended at with the Vgroup (Vyce/Vintage/Now sidebar. I usually do a lot of boat parties or go to MIA/Tamps/St. Pete nowadays vs going downtown when I plan going out. If not house parties. Not some college house party type **** though.

[Cytomegalovirus]

It takes one to know one OP. No one fools a rich person and that bar is being set higher and higher each year. Big time millionaires didn't get there from living frugally so much so as they did by working harder than others, making intelligent calculated investments in their field, and getting lucky or inheritance, or a combination of the few. CEO's don't have tens or hundreds of millions from starving themselves living in a shack, rather from hard work and dedication to a goal be it whatever discipline they are involved in. You live in a small house, drive a beat-up Honda than when you are 60 you buy a Corvette, that isn't exactly "smart". I don't know what your point is. If you pull up in a 2017 M4 or 2017 S-class, I don't care what you say that person has money. Even if it's a lease. A loaded S-class is $1800/month to lease.

[themiscwiz]

Downtown gets old after while. I bartended at with the Vgroup (Vyce/Vintage/Now sidebar. I usually do a lot of boat parties or go to MIA/Tamps/St. Pete nowadays vs going downtown when I plan going out. If not house parties. Not some college house party type **** though.

I know some of your co-workers... I bartended at Roxy before it became Guilt. Did some EDC's then got out of ucf with a diploma and never looked back. Now I'm in Tampa and truthfully, I'm going to move back to Miami soon. This is city blows. Shoot me a PM if you want, maybe we can link up and smash a bottle to the face.

[themiscwiz]

It takes one to know one OP. No one fools a rich person and that bar is being set higher and higher each year. Big time millionaires didn't get there from living frugally so much so as they did by working harder than others, making intelligent calculated investments in their field, and getting lucky or inheritance, or a combination of the few. CEO's don't have tens or hundreds of millions from starving themselves living in a shack, rather from hard work and dedication to a goal be it whatever discipline they are involved in. You live in a small house, drive a beat-up Honda than when you are 60 you buy a Corvette, that isn't exactly "smart". I don't know what your point is. If you pull up in a 2017 M4 or 2017 S-class, I don't care what you say that person has money. Even if it's a lease. A loaded S-class is $1800/month to lease.

Also, rich people KNOW how to make money.. Usually it's those who stumbled across the money, or just got lucky with a good job for a few years, that act like how OP stated.



Still - dont have kids.. lesson in this thread.

[Evlve]

Lol you read a book and applied the principles good job.

Now continue that for 10 years and you might be getting somewhere.

It's a hungry world sir