I only have a mortgage and car loan with a relatively high household income. 401K has a 8% match up to 50% with a good portfolio. With maxing 401K, I'm building an extended emergency fund and paying down mortgage principal.
6 Figures 6 Certs Random Thoughts Thread
- Thread starter ProfessionallyTrill
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I only have a mortgage and car loan with a relatively high household income. 401K has a 8% match up to 50% with a good portfolio. With maxing 401K, I'm building an extended emergency fund and paying down mortgage principal.
For the past few years I've been making enough money to be considered middle class as a single, black man who didn't finish college. I live a pretty minimal lifestyle and have enough left over monthly for emergency savings, retirement accounts, etc.
I've been pretty indifferent about the idea of furthering my professional career as a result because... I guess I always thought "What is the point of chasing more money if I don't have (m)any monetary wants?" Sure, I can make more and invest more, but I am already investing at a decent rate for my paycheck. I am not interested in traveling a lot, I don't like designer clothes, if I was a millionaire, I'd still buy the $200 phone instead of the $800 phone, I am doing well socially without needing to buy bottles at the club, etc.
I'm not ashamed of where I am in life, especially given the status of some of my less-fortunate friends. On the other hand though, when I compared myself to another group of friends, I realized that I could be making a good deal more money if I applied myself professionally. In terms of goals, I've always wanted is to live in a high-rise building. Outside of that though, like I said, I really don't have any purpose for extra money other than hoarding it.
This post is partially just me thinking out loud, but curious, what keeps you guys motivated to keep chasing higher paychecks? Will it ever be enough? How has your lifestyle changed when you hit new tax brackets?
I've been pretty indifferent about the idea of furthering my professional career as a result because... I guess I always thought "What is the point of chasing more money if I don't have (m)any monetary wants?" Sure, I can make more and invest more, but I am already investing at a decent rate for my paycheck. I am not interested in traveling a lot, I don't like designer clothes, if I was a millionaire, I'd still buy the $200 phone instead of the $800 phone, I am doing well socially without needing to buy bottles at the club, etc.
I'm not ashamed of where I am in life, especially given the status of some of my less-fortunate friends. On the other hand though, when I compared myself to another group of friends, I realized that I could be making a good deal more money if I applied myself professionally. In terms of goals, I've always wanted is to live in a high-rise building. Outside of that though, like I said, I really don't have any purpose for extra money other than hoarding it.
This post is partially just me thinking out loud, but curious, what keeps you guys motivated to keep chasing higher paychecks? Will it ever be enough? How has your lifestyle changed when you hit new tax brackets?
For me it's 2 things :
1) Gratitude . We could have been born in war torn somalia or in the 1700s ...
So best to seize the opportunities that others don't have ... and hopefully stack enough to one day at least help
2 ) My passions/vices
I like to get smarter and learn new languages and have other self indulgent hobbies I need to add to my arsenal.
It will never be enough.. because there's always someone richer than you
getting around more successful and older biz people is the key to staying motivated.
The family/love life/friendship aspect of it is an entirely different beast
Expect to get taken advantage of...sooner or later your own wealth will force you to make some tough decisions
and nobody will ever feel sorry for you or listen to your problems... because hey "you got money"
Anybody get in on that Roku IPO? I forgot all about it. I believe it started at $15 and change now is like $26 in about three days
I forgot all about that too. One of the execs already dumped a bunch of their shares. Wall Street, industry experts are skeptical over Roku’s soaring IPOAnybody get in on that Roku IPO? I forgot all about it. I believe it started at $15 and change now is like $26 in about three days
almost 17K is about to come off my credit report...years ago i cosigned on my cousin loan for med school...something that in hindsight could have bit me in the ass..but at the time i was looking out for family...anyways last week she hits me talking about she got her check from the program shes in that forgives loans or whatever and paid it off...im expecting to see a nice boost in my credit score..releasing my cosigners on my own loans and now this..its a great feeling
Maybe this will spark something in some people
Biscayne
Ocean air
I made it to the 2nd round interview with this consultant firm. They're looking for candidates to undergo a management training program and I was told I killed the 1st interview, and they want me back for the more in-depth 2nd interview. I'm terrified!!!!I have no corporate experience. I'm coming off of my 2nd service industry job. My application says I was a "Bar Manager" which I pretty much was. But the caveat is, it was a small restaurant/lounge that had VERY slow days. So I was basically the only worker on the floor from 12PM-7PM when the 2nd server/waiter would come in and help me work the busier nightshift when it turned into a club at night. I would train the 2 other employees brought in to help. So while I was technically a "manager" it was a tiiiiiny restaurant that had so much employee turnover, that I was forced into a higher position, not due to previous experience, but out of necessity. So I'm nervous about possibly undergoing a TRUE management job....assuming I get past round two and they accept me into their training program for good. I gotta make that industry leap. I can't keep doing the service industry.
I’m the first (and only) of my siblings to graduate high school, go to college, not have pending charges etc. It’s hard figuring out life when you are the first to do it.
I wasted the past 45 minutes trying to come up with a name for this Angular project 
Your philosophy of money suggest that you are a content person, which is very good. However, I would suggest you read the book who Moved My Cheese. pretty quick read, but in a nutshell what i got from it is chase the opportunities not the money.
you should tell them that in the interview makes you look better, imoI made it to the 2nd round interview with this consultant firm. They're looking for candidates to undergo a management training program and I was told I killed the 1st interview, and they want me back for the more in-depth 2nd interview. I'm terrified!!!!I have no corporate experience. I'm coming off of my 2nd service industry job. My application says I was a "Bar Manager" which I pretty much was. But the caveat is, it was a small restaurant/lounge that had VERY slow days. So I was basically the only worker on the floor from 12PM-7PM when the 2nd server/waiter would come in and help me work the busier nightshift when it turned into a club at night. I would train the 2 other employees brought in to help. So while I was technically a "manager" it was a tiiiiiny restaurant that had so much employee turnover, that I was forced into a higher position, not due to previous experience, but out of necessity. So I'm nervous about possibly undergoing a TRUE management job....assuming I get past round two and they accept me into their training program for good. I gotta make that industry leap. I can't keep doing the service industry.
staticshock
Veteran
I just applied to this school for a position to work with special needs students..thing is, I applied with them over the summer, interviewed & got a job offer but turned it down to stay at the school I was at last year.
But I'm ready to move on & im hoping they offer me a job again. Me & the principal hut it off at my first interview because we went to the same school. But the process to get hired was taking too long so I decided to stay were I was.
Anyone ever applied somewhere that they turned down at first & got hired again?
But I'm ready to move on & im hoping they offer me a job again. Me & the principal hut it off at my first interview because we went to the same school. But the process to get hired was taking too long so I decided to stay were I was.
Anyone ever applied somewhere that they turned down at first & got hired again?
I'm planning on telling my manager tomorrow that I'm resigning this week. Wednesday would be my last day. Don't have another job lined up but fukk it. I'll get on my grind and get one. Half of me wants to take the next two months off, half of me wants to just get on my grind and look for work or work on myself. I'm just sick of doing the retail thing and it's gotten me nowhere. I've been working there for 13 years and I should've left a long time ago. If I keep delaying things, I'll just get more stressed and make things worse. I would like something with better hours also because I work from about 5 to 1230, five times a week, including weekends. I've gotten used to that schedule but it's not worth it. And I seem to be the only one getting that schedule every week. I'm getting nowhere in life and I think I should go explore other options before it's too late. I've been too stressed out.
