By 30 you should have a mortgage and be making 70k+

posterchild336

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I would take literally no advice ever from ANYONE on here about life/money. I would bet my house lots of these dudes are under/unemployed and just sitting around here jerking themselves off in fantasy land.

exactly..i laugh at the dudes on here who frown on owning property..they just speak on negative points that they probably heard, but it shows how lost they are with the comments they make, which show me they have never owned and are using excuses to making owning look bad since they are not in that league.
 

Kane1

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How true is this statement? My parents keep insinuating that I am bum because I lack those things.


There is no road map to life breh:stopitslime:



But if you are still throwing your money away (living in an apartment) pass 30 then you might want to step it up a little. :francis:
 

Clayton Endicott

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my pops showed me an article. only like 6% of the US population makes 100k. and only 20% of families make this in combined income.

outside of the coli, 100K annual salary is not the norm. it's not even close to the norm.

to be honest, it doesn't matter how much your salary is. how much you spend is more important.
/Thread
 

The Mad Titan

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Good luck with that in our new economy.

I've been on 8 interviews for 100k+ jobs in the past 6 months all have told me "Impressive background", "Highly Qualified", "We needed someone yesterday" - No dice. I am working for a Top Fortune 500 client I get weekly e-mails from recruiters but none want to seal the deal - With anyone. They close job postings and repost the same jobs one week to one month later just collecting applications and never filling the role. This has been happening across the market for the past year or so.

Friends have told me the same thing, employers are blowing smoke up candidates asses for some reason. It's a combination of young dumb recruiters entering the fields in droves not having a clue what they are doing. Employers who are unable to understand tech and skills and how to evaluate or screen out candidates without pissing off qualified guys and deterring them from applying....And lastly the overall economic uncertainty, Trump is making employers skittish about spending money.

Corporations have BILLIONS in the banks collectively they have not spent since the recession. Hiring in high wage jobs has NOT picked up enough - See first time starter home availability growth has slowed while demand has SKYROCKETED. Because these millenials are getting 30k-40k jobs and that's all they can afford. Meanwhile on the other end of the spectrum LUXURY MILLION DOLLAR CONDOS AND HOMES are skyrocketing in supply yet demand remains lower....

The real estate market is impacted by labor markets but by a delay of 5-10 years. This is disastrous. Cheap Oil has NOT helped....

All of these factors are leading to any of your artificial benchmarks that used to apply even in 2006 - NO LONGER APPLICABLE.

At age 30 - TODAY - NOT 10+ YEARS AGO - You're lucky if you're making 45k let alone 70k.

And you're forgetting one more thing - Most millenials have to move to BIG CITIES to get corporate jobs and experience. Guess what - Big cities real estate values are OUT OF REACH for most young people still building or repairing credit and lending standards have INCREASED once again. And with all the student loans and low income do you think the bank will approve them even if they have good or even perfect credit? They will say your fixed debt to income ratio is out of whack we can't approve you unless it's 30% APR.

Welcome to the REAL WORLD @Don Draper please join us in Higher Learning so that you may educate yourself on what's happening outside of MTV cribs, Million Dollar Home and other mainstream concepts you are trolling on about!
:wow:
 

CodeBlaMeVi

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I would take literally no advice ever from ANYONE on here about life/money. I would bet my house lots of these dudes are under/unemployed and just sitting around here jerking themselves off in fantasy land.
That's me but I have a skills test for a state test for the State (Florida) and a phone interview with a nonprofit tomorrow. Plus, I've been invited to a fair to teach next Thursday. I rather teach.
 

mcdivit85

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Lotta broke boys in the building :umad:

I thought Coli had nothing but 6 cert n#ggas making 6 figures 6 months after graduating college while perfecting their 6 pack while doing donuts in the 6 speed :skip:

On the real, most people at 30 are not making $70K. Hell, many people older than 30 don't make that by themselves. In many states across the US, most households do not bring in $70K. And a household includes the main householder(breadwinner) and any person 15 or older who brings in income.

Income Main- People and Households - U.S. Census Bureau

And just because you may make more than that does not mean that it's average or even close to average for a single person to make that. And I'm not speaking from conjecture. I'm speaking from Census statistics. Check the link above and click on Household Income:2013 doc.

Peace
 

itsyoung!!

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I would take literally no advice ever from ANYONE on here about life/money. I would bet my house lots of these dudes are under/unemployed and just sitting around here jerking themselves off in fantasy land.
Average house price in my city is 800k plus, good luck.

The average family doesn't even make 70k


The coli yall

im sure if we took a demographic poll of this site, 75% would be 15-21, eyes still wide about the world not knowing how real it is out here yet. You can tell by how many are optimistic about making 100k / year or some thinking theyll be millionaires by owning clothing line shops and shyt. Hell can tell just by how many have never financed their own car yet. Thinking you can own luxury cars for $250/month type shyt :mjlol:
 

TheNig

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I guess I barely made it becuz I didn't start making my serious money until I was 30.

But fukk a mortgage. I started saving money for a house when I first joined the Navy at 19. I got out at 28. Bought a 500k crib at 29 and used most of the rest to furnish the house. Only thing I pay is taxes. And fukk that too. :pacspit:
 

TheNig

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Brolic... Alcoholics
You can tell by how many are optimistic about making 100k / year

I seriously never cared about making that much becuz I didn't think it would happen for me. I was fine with ringing out with 60k if I didn't get thru residency. That's still good ass money in Houston, Tx.
 

CodeBlaMeVi

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I guess I barely made it becuz I didn't start making my serious money until I was 30.

But fukk a mortgage. I started saving money for a house when I first joined the Navy at 19. I got out at 28. Bought a 500k crib at 29 and used most of the rest to furnish the house. Only thing I pay is taxes. And fukk that too. :pacspit:
I wouldn't say f taxes and insurance on a home.
 

STEVE

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That's me but I have a skills test for a state test for the State (Florida) and a phone interview with a nonprofit tomorrow. Plus, I've been invited to a fair to teach next Thursday. I rather teach.

I have no idea what this has to do with what I said. What I have an issue with is dudes who couldn't get a mortgage shyt-talking buying property, dudes who can't get laid talking about simps, dudes who are sitting in the basement talking about being a boss. shyt is irritating. I wish you well in your career pursuits and all future endeavors.
 
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