@chicfryrice I agree w all of the above. But it requires some frugality.
And if you do private school, you’ll live basically poor
Although, yes, you are building illiquid wealth for later in life
$100k used to be aspirational
Now $200k is modest, and a lot of people assume it’s “rich”
@RRGill23@chicfryrice At today’s rates, that would probably be a $500k house
Starter homes where I live are around $1m
Note, I am baking in the tax bill as well - so $2,500/mo principal/interest
$200k/year is obvi much better in more affordable areas
@chicfryrice Luxuries such as the “gambling,” as you noted. Or eating out 3x a day as others did.
My point is $200k gross is not $200k take home. In reality, it’s probably $10k/mo round numbers after taxes/401k
A basic lifestyle costs $9400/mo. And that’s assuming your dryer doesn’t break
@UziCryptoo The worst part: If you improve your home, and by proxy the neighborhood, by investing in it - you are charged more per year
Make that make sense
Improvements shouldn’t be part of the calc. Maybe acreage?
@ick_real And then we go home and take care of our families
Help our wives cook and clean
Take work calls when we would rather be with our kids
And also have dramatically less money for ourselves
@jschunter@mitchellvii Too each his own
As a voracious consumer of human made music - and as someone who regularly sees real shows, I disagree
Where I will push back - this AI slop is in fact stealing human made melodies within a very specific genre. So a human, with effort, could do this better