I make ~$80/hr and its not enough.

[drFEEL]

I don't even see how people are making it. I'm in the top 5% but I can only afford an average/below average house if I buy responsibly. how does that even make any sense?

I want more money and I want more out of life.

[HairyWBush]

you're full of chit. that's over 166k a year gross. get fukt

[CanardMedic]

you're full of chit. that's over 166k a year gross. get fukt

166k gros, is 100k net maybe.
does 100k take you far in Florida? I heard it's like LA Now. 166k gross is not bad but it's hardly balling when houses are 800k+

[RobParks2M]

I don't even see how people are making it. I'm in the top 5% but I can only afford an average/below average house if I buy responsibly. how does that even make any sense?

I want more money and I want more out of life.

Lolz I am feeling the same way and I am kinda fukkin annoyed about it. Everything costs a lot more than it ever used to. Hair cuts are now $25 da fuk? And these places all expect a tip now too!

[drFEEL]

you're full of chit. that's over 166k a year gross. get fukt

do the math yourself. use one of those calculators with that wage. the median house right now is like $400k bra.

166k gros, is 100k net maybe.
does 100k take you far in Florida? I heard it's like LA Now. 166k gross is not bad but it's hardly balling when houses are 800k+

this

Lolz I am feeling the same way and I am kinda fukkin annoyed about it. Everything costs a lot more than it ever used to. Hair cuts are now $25 da fuk? And these places all expect a tip now too!

are we gunna fuken make it bra? i dunno.

[401Delta]

Have you asked for a raise? If they won't give you more money ask them if they'll pay you more often.

[Destor]

Make that long term, keep down costs and bad debt along the way, and you’ll end up with a lot

[RobParks2M]

do the math yourself. use one of those calculators with that wage. the median house right now is like $400k bra.

this
are we gunna fuken make it bra? i dunno.

Barely. The crazy part is I don't even have that many recurring monthly payments. A vehicle and a house. I'm wondering if I'll see a fairly big tax return. I did max my HSA and nearly maxed 401k.

[naich]

The housing situation on the west coast is loony, good luck with that. You are being taxed at a loony rate, good luck with that. You are being managed by loons who will surely fuk it up even worst in the near future, good luck with that. Have you considered moving to a state not run by literal marxist?

At that income you'd save thousands and thousands by bypassing a state income tax.

[Polaris]

The housing situation on the west coast is loony, good luck with that. You are being taxed at a loony rate, good luck with that. You are being managed by loons who will surely fuk it up even worst in the near future, good luck with that. Have you considered moving to a state not run by literal marxist?

At that income you'd save thousands and thousands by bypassing a state income tax.

There are some major perks to living in "flyover states".

[MinisterOfLust]

I am only making $25/hr. Should I rope?

[BigDeeps01]

Are you capable of starting your own business doing what you do now?

[jafomofo]

sorry guy but you are 20K short of being in the top 5% of wage earners.

[dyee4613]

80hr is more than enough. You just lack financial discipline. It's not that complicated.

[FrankCostanza]

Blame the democrats. It’s Monopoly money.

[Zere0wn]

I don't even see how people are making it. I'm in the top 5% but I can only afford an average/below average house if I buy responsibly. how does that even make any sense?

I want more money and I want more out of life.

similar situation here. it's definitely enough but i don't feel like im in the top 5% of earners.

[Fatkidwholifts]

80hr is more than enough. You just lack financial discipline. It's not that complicated.

Based on knowing zero about op other than that he’s a miscer........I’m going to assume it’s this.

In b4 he goes clubbing 3x per week, eats out/gets takeout 5x per week, has a bunch of credit card debt from buying crap at the mall/Amazon, and has a way nicer care than he should.

[Jasonw1178]

If you have a spending problem it really doesn't matter how much you make, you'll still end up broke. So many wealthy people end up in bankrupcy. Some get a taste for the finer things in life and all bets are off. For them the idea of even 1st class in a commercial aircraft sounds like a Greyhound bus and so they start chartering flights, then they start rubbing elbows with those who own Leer Jets. Budwiser Bob feels like a king pulling his boat with his King Ranch F250 but Country Club Carl feels that any boat that can be towed by a vehicle to be a dingy and he has a yacht that is a borderline cruise ship. So you feel like a King in your 5-10K sq'ft hosue and someone says "what are your other houses like, oh you only have one". PEASANT.

[Parkerscott]

If you have a spending problem it really doesn't matter how much you make, you'll still end up broke. So many wealthy people end up in bankrupcy. Some get a taste for the finer things in life and all bets are off. For them the idea of even 1st class in a commercial aircraft sounds like a Greyhound bus and so they start chartering flights, then they start rubbing elbows with those who own Leer Jets. Budwiser Bob feels like a king pulling his boat with his King Ranch F250 but Country Club Carl feels that any boat that can be towed by a vehicle to be a dingy and he has a yacht that is a borderline cruise ship. So you feel like a King in your 5-10K sq'ft hosue and someone says "what are your other houses like, oh you only have one". PEASANT.

This. Constantly in the rat race looking for your next piece of cheese. OP is looking for fulfilment by spending more. Its never going to work out. Take stock of what matters and what you really want and get it.

[nutsy54]

I don't even see how people are making it. I'm in the top 5% but I can only afford an average/below average house if I buy responsibly. how does that even make any sense?

Because the "average" American buys far more than they can afford, which distorts everything.

[tripod29]

OP is in debt, no question.

[PaulJerome]

Warren Buffet has quote: "You don't know whose swimming naked until the tide goes out"

Most consumers are in over their heads and using credit cards and loans for outward appearance of wealth. All of that unwinds when rates increase and we are already seeing that now.

[Cuttrim24]

There are actually really easy ways to make money on the side these days. Like lots of extra money... Check this list out. I started doing all three

https://newdinnerideas.com/2023/02/2...nline-in-2023/

[backinbusiness]

Because problem is by time you've maxed 401k, HSA, pay for childcare, set aside an emergency savings, keep up with any deferred maintenance on your home or vehicle and pay uncle sam, you have nothing left. Thanks to inflation 200k is the new 100k.

[TugOfPeace]

Because problem is by time you've maxed 401k, HSA, pay for childcare, set aside an emergency savings, keep up with any deferred maintenance on your home or vehicle and pay uncle sam, you have nothing left. Thanks to inflation 200k is the new 100k.

lulz

It's called money management and/or combining finances with a partner and living within one's means, very few people do that these days. It's all about the YOLO lifestyle

[backinbusiness]

lulz

It's called money management and/or combining finances with a partner and living within one's means, very few people do that these days. It's all about the YOLO lifestyle

Sure if you live in bumfuk nowhere. Goodluck having a clear financial plan making less than $60k with children. Aint happening, and youre cutting something somewhere.

[Guyfawkes1010]

Based on knowing zero about op other than that he’s a miscer........I’m going to assume it’s this.

In b4 he goes clubbing 3x per week, eats out/gets takeout 5x per week, has a bunch of credit card debt from buying crap at the mall/Amazon, and has a way nicer care than he should.

Wtf stalker!!!

[TugOfPeace]

Sure if you live in bumfuk nowhere. Goodluck having a clear financial plan making less than $60k with children. Aint happening, and youre cutting something somewhere.

Your logic is flawed because you assume that certain expenses have to be incurred. You're not taking into account for example that some people work from home which eliminates the need for childcare, and/or that some people have relatives nearby that can assist, such as parents. Not everyone spends thousands every month sending their child to a daycare center.

That being said, unless you live in a big city such as SF/LA/SD/Boston/NYC/Miami, most places are very affordable..

Problem is, people want to live in the best places, but they don't want to pay the prices and/or can't afford them, so they complain instead of living somewhere more suited to their financial situation.

[nutsy54]

Because problem is by time you've maxed 401k, HSA, pay for childcare, set aside an emergency savings, keep up with any deferred maintenance on your home or vehicle and pay uncle sam, you have nothing left. Thanks to inflation 200k is the new 100k.

It's taken 28 years for inflation to cut the dollar's value in half. If someone hasn't gotten a raise in 28 years, they're doing something really wrong...

https://www.bls.gov/data/inflation_calculator.htm

[Destor]

$200k consistently is a fukton of money in my world. I live in a city of 1million+, and the only people I know who make $100k+ consistently are immediate coworkers.

That said, it is very possible and even easy to overspend on $200k if you have the antithesis of discipline. Make good money, live like you’re making half of the actual, limit bad debt, build up an asset base, and you can start relaxing moreso 5-10 years down the road.

The big gains in the real world come when you get that asset base on the side of your regular income and it gives you flexibility to be opportunistic, benefit from asset inflation, and make more money — it can very much have a snowball effect. The prudent people I know who make $80+/hr, they have rental properties and investments and all sorts of stuff accumulated over the years.