You can only pick one of these - what are you going with?

[acri1]

You get to pick one of these and only one -

-New house paid off (of average value in your current neighborhood)
-7500/mo for the rest of your life
-800 Credit Score
-200K Salary at your current job (if you don't have a job you have to get one to get the 200K and it has to be an actual job where you're on a payroll)
-400K Cash (no taxes)


Which one are you going with?

 

[Roger king]

I would take 7500 a month option it will provide me long term security, real brothers in the struggle getting it out the mud can relate

 

[Givethanks]

7.5k/month for the next 50 years

You can buy houses, cars, take trips, volunteer, and do whatever you like without any worries.

 

[Silkk]

Went cash then I saw the 7500 every month. I already know how to make money, My problem is blowing money so thats best for me and way more than 400k if I live another 20-30 years

 

[Fill Collins]

7.5k

 

[Regular Developer]

Is 7500 a month on top of what I already make? And is it taxable income?

 

[FrankieLymon757]

Lump sum...I will live like a king for a few months lol...put a lil away for my two babies and go back to regular life when the well runs dry...my life isn't bad perse but all a nikka need is a lil boost...400k definitely

 

[Umoja]

7,500 a month.

 

[DaPresident]

Gimme that $7,500. That’s $90k a year whether you have a job or that’s your only income, you pretty much set up nice

 

[Shamayw_33]

7500 a month means I can live almost anywhere I want in the world, without needing to work a regular job. I can invest and grow those funds through compounding interest. Travel almost anywhere I want with the family every month or couple months.

 

[acri1]

Is 7500 a month on top of what I already make? And is it taxable income?

Yes on both.

 

[Regular Developer]

Yes on both.

On top of what i already make, i dont mind it being taxed.. GIVE ME THE 7500/Month!

 

[macadomusic]

The 7500 a month will suffice

 

[Turbulent]

...

Probably 7500

 

[IsThatBrothaMouzone?]

You get to pick one of these and only one -

-New house paid off (of average value in your current neighborhood)
-7500/mo for the rest of your life
-800 Credit Score
-200K Salary at your current job (if you don't have a job you have to get one to get the 200K and it has to be an actual job where you're on a payroll)
-400K Cash (no taxes)


Which one are you going with?

New house paid off.

In my zipcode, that's $$$$$$. More than $400k cash which is the next best option.

Not having to worry about rent or a mortgage frees up a lot of money for investing, saving etc.

800 Credit Score = the only advantage to this is the ability to finance debt at a lower rate. Once you get around 750, you likely won't get much better rates. A lot of BroTep entrepreneurs will pick this option...but a person can achieve this on their own if they pay off debt using one of the other options OP listed.


$7500 for life = 7500 in 2024 will probably be worth a fair bit less in 20 years. When you factor in time value of money, a nice lump sum is more helpful than monthly payments. If you're older/retired, this is probably the best option. If you're under 50, it depends. A young/middle aged person with a great job and a paid off house already would be in good shape picking any of these options.


$200k salary = could be a paycut for some brehs. Worst option besides the credit score.

$400k cash = great option if you have plans to invest or at least go with a high yield savings account.