Make $120k and live paycheck to paycheck, brehs

[Rawtid]

I bet his fiance be bragging about her broke ass man.

 

[Hacksaw Jim Thuggin]

That makes sense. I was taught if it works for you then it works. Just wish more people would open their eyes to managing their finances.

why is it just a given that we should OWN homes? who taught us that? the same people that said college is a requirement, while raising the tuition every year? weighing people down with debt and only offering bullshyt jobs that dont pay enough to pay back those loans....

i dont see how its ever a good idea to tie yourself to something for 30 years.....maybe its me...i dont know...but that seems like a prison sentence to me

not coming at you breh....

your post made me think thats all

 

[666 ReVeNGe 666]

Coworker makes 85000 year when she literally have the Scramble for lunch or sometimes she even skipped lunch with her she does not have any money she has kids and a husband so it's just mind-blowing to me.

I am so Frugal and I am better for it

 

[Skooby]

Just this morning at work I’m in the breakfast line a couple people behind my boss, he gets up to the cash register and his card declines for some links, eggs and a juice…I’m standing there like da fuk..he told the lunch lady to try again and she did, shyt declined again ..the lady behind him hands him some cash, not sure how much she gave him but he pays and then he walks off with this embarrassed look..about a half hour later I went to his office to chop it up and I asked him what was wrong wit the lunch ladys card reader and he just flat out said “Nothing..that was all me, 2 ex-wives and a mortgage leaves the tank empty”…I changed the subject after that but it got me thinking..damn yo..we gotta learn how to manage our money better than this, that’s unacceptable..stop living above your means brehs..whats the point in having a 5 bedroom house if you cant buy hot links and eggs, brehs.

breh is a grade 15 step 1

Spoiler

Pay & Leave : Salaries & Wages - OPM.gov

$124k and broke 2 ex wives at 35 years of age

Wow!

I haven't read the thread yet but I just made grade GS-13 and I'm older than he is. He should be doing real good!

He must be a smart dude or did really good at networking because getting to GS-15 isn't easy...especially if you don't live in the D.C. area.

 

[MaxPain]

this more on him than the women. get you a nice ride or die joint that'll give you that dual income lifestyle or help you as you build your business and this will not happen

Goodluck finding those

When men flaunt money they attract gold diggers

When women flaunt their bodies they attract men who just want sex

He lost...2x

 

[Zero]

Simps love that inital feeling these hoes give em..not knowing they only wit him cuz he drives an s class...both of his ex wives cheated on him..

:notithes:


And this is the man you call "boss?"

 

[Skooby]

And even without the details of his situation, $120K isn't a lot to live off of depending on where you live. Any major (liberal) city will tax the heck out of your income and then you're left too scramble with the lessened amount. San Francisco NY, DC, Boston etc. have people who make six figures and have to live with roommates.

OP linked the Milwaukee pay table...so his boss must live in that area.

 

[Skooby]

You a GS?

You GS...?

 

[Master Teacher]

Not for nothing, but i'm a 40 year old white male with a VP title and has run my own LLC before. @Supreme Leader Reinscarf can tell you Im legit.

To ask an employer not to pay you as a full time employee, rather pay you as an LLC, your basically asking them to hire your 'business' which means they would put you as a 1099 at best, which means you get no benefits of being an employee, such as health insurance, 401k etc.

Almost any company that hires for any skilled labor, will force you to sign some combination of a NDA/Non Compete - Non Solicitation agreement. In though agreements, they want you to clearly state that you will have no other business on the side besides theirs. Why would they go through the trouble of hiring you above other candidates if you basically say you'll want to void their standard contracts? Why would they hire you when your announcing to them that you have another business? You wont seem as invested in their goals as someone who doesn't.

Running a LLC and also working a full time makes your taxes INCREDIBLY difficult to manage and you definitely have to pay a CPA to do them for you. You also have to be incredibly self disciplined in all your financing to make sure your watching what you put aside for the taxman, keeping detailed recipts on everything you plan to write off on an itemized deductions, etc.

To tout that advice to the average person as 'just do this or your dumb' is some irresponsible shyt.

You're obviously not very smart

They are not hiring your LLC, they are just paying your LLC
typical dumb ass white man who knows nothing has achieved nothing, but want to act like he know something

a multi millionaire told me this tactic

First of all, you can use Your EIN as your Tax- ID number for ANYTHING

the fact you think you are running a business by having LLC prove you are a moron
it's just a ENTITY, you don't have to be operating a business to be an LLC, IT IS JUST A TAX IDENTIFYING NUMBER

YOU fukkING MORON

If my name is John Smith, and I make John Smith LLC, or fukk it just John Smith DBA
I can apply for any job using the tax identification number, so my social security isn't being taxed, but the business is

Also YOU CAN TELL YOUR JOB TO WITHHOLD TAXES, making you responsible to pay them, they cannot tell you

everything else you stated in your post had zero to do with the fact

congratulation you are a 40 year old simpleton

 

[benjamin]

OP linked the Milwaukee pay table...so his boss must live in that area.

milwaukee is the county our office is located in..trust, breh dont live in milwaukee, he live an hour away in the burbs

 

[Kobes Two Jerseys]

He invested in bad p*ssy. No one to really blame but himself.

 

[benjamin]

:notithes:


And this is the man you call "boss?"

he handles his business at work, outside of work is another story....

 

[the bossman]

I'm self employed, I have an internet business which i why I'm always online, and posting on this site lmao
I never had a real job, I worked in a recording studio, but I didn't like the shyt started getting into real estate after I closed my first deal I never looked back
so I always had an LLC, put there's nothing stopping you from having your job pay your LLC instead of yourself

I done mastered how to leverage credit, you can give credit to another business from the first one who you built up

you have know how the pieces move on the board before you can even play the game, that's people's problem

so you've never had a real job, so you don't even know how this type of interaction would go to tell an employer to just pay your LLC. terrible advice to give when you've never done this yourself

 

[tahoj4]

why is it just a given that we should OWN homes? who taught us that? the same people that said college is a requirement, while raising the tuition every year? weighing people down with debt and only offering bullshyt jobs that dont pay enough to pay back those loans....

i dont see how its ever a good idea to tie yourself to something for 30 years.....maybe its me...i dont know...but that seems like a prison sentence to me

not coming at you breh....

your post made me think thats all

Naw man it's all good. I think it is good to own because renting in my opinion puts me at the mercy of the landowner. If that person says I have to be gone in the legal allotted time I have to go. All my older stable people own. It was a pride thing I guess growing up in the south. Where I grew up people did not move around. I did not mind moving when it was just me and my wife, but with kids stability is key. I don't see owning as a prison sentence. I see it as money in my pocket because i live in an area that is highly desirable and I can make a profit on the sale of the home. I don't need a 4000+ square foot Mcmansion even though my wife would like it. I need a nice spot to entertain and enjoy. I have a garden that I work every year and my kids like the fresh fruits and veggies. If I have to sell then I sell. It is a little different now that I have kids, but I feel if you are going to be in a place longer than 2 - 3 years you should buy.

 

[benjamin]

.............