[1MOREMOD]

Originally Posted by jgoens

Having 19k posts and still not understanding how to quote a poster..that's sad.

Kind of my thing sir. Also no punctuation and drunk posts

[ShopVac]

Originally Posted by 1MOREMOD

Kind of my thing sir. Also no punctuation and drunk posts

wasn't there a thread dedicated to drunk posts

[1MOREMOD]

Likely I started it cant recall

[jgoens]

Originally Posted by ShopVac

wasn't there a thread dedicated to drunk posts

I will admit..most of my posts in the hockey thread were with some alcohol interference, so no worries.

[ShopVac]

Originally Posted by jgoens

I will admit..most of my posts in the hockey thread were with some alcohol interference, so no worries.

Sharkies lost out on all free agents, you should be crying yourself into a drunken stuper right now.

But I digress...

[c1pher]

Originally Posted by ASAP

No one will barter precious metals, jewelry, hard cash or any other items typically considered of value if there is an apocalypse... all this shit will be useless.

Guns, Food, Gas, Kerosene will be traded for any random shit anyone will need at any given time; none of which will be the above.

Don’t forget a$$ too. No one rides for free.

[UncleWede]

Originally Posted by jgoens

I will admit..most of my posts in the hockey thread were with some alcohol interference, so no worries.

Interference ???


B A N N E D

[BayMoWe335]

Originally Posted by bimmer456

I would avoid keeping more than a few grand as the money isn't making any money for you. I can always sell me shares and have instant access to my cash. Also have lines of credit I can tap into and have cash right away.

Big man on campus.

[1MOREMOD]

Plus it's cool to have stacks on stacks on stacks in your safe right

[Darth One]

This thread has taken some interesting turns, all far more entertaining than reading people lie about how much money they have

[ASAP]

Just gonna leave this here-

https://www.google.com/amp/s/amp.bus...account-2018-2

[Kolyan2k]

Not sure what to do with my cash. Kinda afraid to invest now. I am taking a year off work to spend time and babysit my newborn son and obviously money will be needed to pay all bills and buy all toys etc

[UncleWede]

Originally Posted by Kolyan2k

Not sure what to do with my cash. Kinda afraid to invest now. I am taking a year off work to spend time and babysit my newborn son and obviously money will be needed to pay all bills and buy all toys etc

Don't forget to by your new son some toys too!

[ASAP]

Originally Posted by ASAP

As of now 3 things can be concluded-

1) The BP population is not very representative of the USA as a whole as it is generally a more wealthy crowd. This is a very real possibility, I expect this to an extent.
2) Everyone is lying... and / or not really practicing what they typically preach and I would be sure to note all investment advice on this forum w a massive warning (this should be common sense anyhow). People are actually hoarding more cash than they usually say they do.
3) The general govt statistics are flawed or spun in someway or everyone in the general population is lying... another possibility.

lol, still the same 3 assumptions

[CTinline-six]

Ehh, not sure it's appropriate to post on the internet.

I will say that I read something a few months ago stating most Americans wouldn't be able to pay for a $1000 emergency, which is a bit alarming.

Some people are just terrible with money. My family grew up on the tighter side of budgets, so I was always a good saver. I mowed lawns and stuff at 10 years old and had enough to buy my first car at 16 and have kept saving/investing since.

I have friends who are married, and their dual income totals over 300 grand, yet they never seem to have any money. They drive older cars, live in a decent house but not a mansion, and yet they have finance problems. I work with people who are well into retirement age making 6 figure salaries and say they can't ever retire. Where does it all go?

[PoorLurker]

I basically have nothing and live paycheck to paycheck after paying bills and putting money into my retirement accounts

[qba335i]

Originally Posted by CTinline-six

Ehh, not sure it's appropriate to post on the internet.

I will say that I read something a few months ago stating most Americans wouldn't be able to pay for a $1000 emergency, which is a bit alarming.

Some people are just terrible with money. My family grew up on the tighter side of budgets, so I was always a good saver. I mowed lawns and stuff at 10 years old and had enough to buy my first car at 16 and have kept saving/investing since.

I have friends who are married, and their dual income totals over 300 grand, yet they never seem to have any money. They drive older cars, live in a decent house but not a mansion, and yet they have finance problems. I work with people who are well into retirement age making 6 figure salaries and say they can't ever retire. Where does it all go?

It's not what you make - it's what you save.

300k - total salary
-37k - max 401k contribution for 2 people
- 80k tax (30% tax rate)
= 183k

Now expenses (annual):
- 50k mortgage (600-700k home)
- 15k property tax
- 10k car payments
- 10k vacations (family of 4)
- 12k groceries
- 20k school/activities for 2 kids
- 10k clothes
- 10k miscellaneous home items
- 20k student loans (graduate school?)

A few other expenses and you basically live paycheck to paycheck.

[PoorLurker]

Originally Posted by qba335i

It's not what you make - it's what you save.

300k - total salary
-37k - max 401k contribution for 2 people
- 80k tax (30% tax rate)
= 183k

Now expenses (annual):
- 50k mortgage (600-700k home)
- 15k property tax
- 10k car payments
- 10k vacations (family of 4)
- 12k groceries
- 20k school/activities for 2 kids
- 10k clothes
- 10k miscellaneous home items
- 20k student loans (graduate school?)

A few other expenses and you basically live paycheck to paycheck.

ewww - you think I would be driving a honda civic when I am making $300k!

Sorry kids you are going to public school - daddy needs a nicer car.

$30k a year on cars sounds better.

[1MOREMOD]

You can buy more than a civic for 10k a year

[DETRoadster]

Originally Posted by qba335i

It's not what you make - it's what you save.

300k - total salary
-37k - max 401k contribution for 2 people
- 80k tax (30% tax rate)
= 183k

Now expenses (annual):
- 50k mortgage (600-700k home)
- 15k property tax
- 10k car payments
- 10k vacations (family of 4)
- 12k groceries
- 20k school/activities for 2 kids
- 10k clothes
- 10k miscellaneous home items
- 20k student loans (graduate school?)

A few other expenses and you basically live paycheck to paycheck.

Exactly! It's all about what you can save.

Our compulsive retirement saving has us living "paycheck to paycheck", allowing us to put 50% of our combined income towards retirement. We can easily pause that at any moment should we encounter a serious disaster that requires more than what we keep on hand in savings at all times. Works well. Thankfully, in 20 years, we have never had an unforeseen bump that overran our savings account.

[DETRoadster]

Originally Posted by jlstyle

Everyone is loaded.

Well it's not like it's a Kia forum...

[ASAP]

Originally Posted by DETRoadster

Exactly! It's all about what you can save.

Our compulsive retirement saving has us living "paycheck to paycheck", allowing us to put 50% of our combined income towards retirement. We can easily pause that at any moment should we encounter a serious disaster that requires more than what we keep on hand in savings at all times. Works well. Thankfully, in 20 years, we have never had an unforeseen bump that overran our savings account.

too many people think retirement is some sort of heavens gate... false assumption... u hve to live hour life; i dont feel at 30 how I felt at 25... the problem is tjst most people dont have hobbies amd retire w money not knowing what to do w themselves... saddest scenario of all