/biz/ - Business & Finance

Yes, most people just get a big fucking mortgage, wage, live paycheck to paycheck, have revolving credit card debt

>>21198912
Npc=mob

>>21198912
the average person is tens of thousands of dollars in debt, and this is excluding mortgages
truly boggles the mind

>>21198912
Keep going OP. You need to own at least one forever home debt free and maybe some land for a dream property if you really make it. Normal people are indoctrinated and think debt is normal.

>>21199038
I'm so fucking happy I have 0 debt

>>21199052
Thanks man a good home is one of my goals. Luckily I didn’t fall for the college Jew and even when I wasn’t saving or investing I didn’t get in any debt.

Even if normalfag NPCs manage to save up some money, they just blow it on a new phone that they aren't even technologically competent enough to take advantage of.

>>21198912
It's reduculous isn't it?
"Cash it all out dude and piss it away on shit"
This is one of the reasons nobody I know knows I invest in anything,they could never understand it.
You can work for your money or your money can work for you, that's the way it is

>>21198912
I never understood the car thing. I have one buddy, always talks a big game about hoe hes so business savy.
>Tell him about link when its 2$
>"Yeah its cool but i like xmrs tech"
>recently texts me
>"wow link is really on a run thats cray!!!"
>ask how many he has
>"only 40 but i get paid next week so ill buy some then"
>"buy me a boat when you make it haha"

I really need new friends.

>>21199100
One of the bigger redpills of my life was when I found out that most people don't have 0 debt like me.

>>21199186

Just be prepared that he's the kind of friend who will bail if you aren't hooking him up and spoiling him.

or he has a good sense of humor, and wants to politely beg... a little.

>>21199186
My friends don’t even know what link is. Most don’t even know what bitcoin is. I like my online friends better desu

>>21199186
There's nothing wrong with having friends that are different than you so long as you find the relationship positive, anon.

>>21198912
>250k cash savings
>750k crypto portfolio
> drive 08 civic
Niggers buy cars, jewelry, shoes, clothes, etc. I’m trying to buy my freedom.

>>21199343
Nice I drive a 2002 ford ranger

>>21199343
based
nigger shit is exactly why Americans are broke as fuck

>>21198985

>>21199186
Told my friend to buy LINK below $4, told him again at $6, and then $8. Can't bring myself to ask him if he finally bought in anymore.
I know he didn't. He'll just invest in some meme stocks that are going to continue to bleed. It's hard to give your friends financial advice, expecially since I'm not really that wealthy myself. But by the time I am, his opportunity is going to be gone. That's the problem.

>>21198912

>makes thread to sneak in that he has 67k at the end

67k is literally peanuts, all you can do is buy depreciating assets (a new car, a shitty house). You could put 50k into a business though and have like a 5% chance of it being successful.

>>21199531
I specifically said it wasn’t a lot. I still live with my parents.

>>21199343

Based and gonna make it even if crypto isnt it.

I drive a 2007 Subaru impreza a great friend gave me. Before that I drove a 97 Buick Lesabre.

I bought a house at 93k at the bottom of the last housing crash.

Your time is the most valuable thing you have. I want to purchase the ability to have 100% sovereignty over my time.

My crypto stack is only like 20k right now, 40k index funds. I'm still a long way off.

>>21199595
how do you have sex?

>>21198975
The mortgage part isn’t dumb though, they are building an asset, much better then renting.

>>21199446
I told my mate about link when it was about $2. After hearing how it works he sold all his shitcoins then and there on his phone and went all in link. Some people are just big picture people. He jokingingly text me on the weekend about choosing lambos. I won't ask how many he has and he hasn't asked me. Maybe you're just bad at explaining it, too.

>>21199640
My parents didn’t care when my ex girlfriend stayed over but I’ve been single for like a year and half now and just don’t

>>21199401
Nigger shit is literally the reason other part of america is so filthy rich, they drive the economy by being total fucktards with money

>>21199100
>>21199213
You are going to call me a jew or whatever for saying this, but you should still have a couple hundred dollars of debt paid off regularly to raise your credit. Not having credit in the US is almost as bad as being in debt.

>>21199343
Uninsured 2001 Honda Civic and it’s currently being stored rent-free in my dad’s garage. Commute with my dad. Literally save 95% of my income.

>>21198912
WHO IS GIRL

>>21199736
Based

>>21199643
opportunity cost. i dropped out of buying a house with 20k down to invest in crypto and now it's worth 100k. that equity in a house might be worth 34k now

All you people telling others about your finances, especially crypto, are not much more intelligent than the people you decry.
Also debt is leverage. That's how you build wealth quick.

>>21199906
Post portfolio

>>21199844
You're right, you should have a good credit score if you plan on buying a house, starting a family, etc.
My make it plan is fucking off into the woods though, so no credit required for that.

>>21199937
~20k link
a bunch of pms
no debt

>>21199977
Is it really that cheap to fuck off in to the woods?

>>21199934
Wanna explain what kind of leverage taking on credit card debt for frivolous purchases provides? Or how about student loans?

>>21200026
20k LINK would be more than $100k

>>21199716
this. some people get it some don’t and maybe you need to learn how to explain it better. i talked about link (not even shilling) to my normie lawyer buddy when it was 50c. he went and bought 3k the next week and i didn’t find out until a year later during the google pump

When I was broke I thought driving a BMW or Mercedes was impressive. I wanted to be rich enough to drive a luxury car. Now that I can easily afford them I don't actually want them anymore. Because I realize how easy they are to get if you just finance them. So I just drive a beater car because it just works. Now I only find lambos or other $200k+ cars impressive. When i get that rich I'll probably just say fuck it about them too and start lusting for private jets or something.

>>21199151
>reduculous

>>21198912
>normalfag finances

Is there a psych term for the logical fallacy people make where because something that's high cost is split into small pieces, thy think it's actually cheap?
Like how your average normalfag thinks healthy food is expensive because fast food costs a couple bucks whereas a family pack of chick thighs might cost more as a whole unit even though it makes a larger amount of food

>>21198912
u told normies about your link stack.... bruh

I have like ~300k in link. Early 20’s, no debt and about to start my PhD in physics from a great uni here in the US. Its paid for of course. By all means, I am gonna make it one day. But I still can’t see past my ex gf leaving me last year and the fact I will never have her back. I’ve fucked seven hoes since her and still can’t get that qt chinese bitch out of my mind.

Will it get better bros? How the fuck do I stop being a simp?

>>21200232
this post just made realize that I could afford those things but instead spent the day looking at budget mobile phone reviews.

>>21200370
Its called Ignorance

>>21199100
I only have 27,000 in debt thank god

>>21200232
I never got the obsession over cars tbqh. Whether it's fancy german cars or lambos and ferraris, they just don't do anything for me. I have a decently nice car that I got used with low mileage from a corporate fleet for a good price, but I wouldn't have even bought that if some beaner didn't total my car by making a blind left turn into me. I would've just kept driving my 2010 accord with 200k+ miles on it indefinitely until the wheels fell off. Cars just seem like a total waste of money and as long as it gets you from A to B, it's whatever.

>>21198912
Something that I noticed is that most people on /biz/ have the same attitude towards money as the most millionaires. People forget that almost everyone that is poor or wagecucking are blue pilled when it comes to finances. Millionaires are red pilled with finances and the jewish tricks that are used to keep you poor. But most people think that the solution is to neet and withdraw from the system. When instead you should take your knowledge and play the game.
To become rich you must first redpill yourself of all the traps designed to keep you poor. Then you must swallow your pride and conserve your money even if you are perceived as poor and aimless by others.

Most of these things are too much for normies but since 4chan is pretty redpilled to begin with i feel it is a place that can breed many millionaires. But they gotta want to play the game.

>>21200493
Cars lost their appeal when I realized they were just pieces of money screwed together.

>>21200420
What the fuck bro. Marry a white chick. Get off the asian broads. Assuming you're white, bc phd, everyone in your family tree has been white and has married a white woman. Why the FUCK would you ruin that streak for a fucking nut. Also don't fuck whores, that will make you empty. Find a good wholesome community such as a church and settle down with a good woman there and hope she will forgive you for your promiscuous past.

>>21200608
That is absolutely based but I have no idea if I could ever fit in with church people, man. I just don’t know. They’ve always thought I was a weirdo

>>21200550

I'm gonna say the people on 4chan are probably most likely to have not experienced or craved status from normies, if you dont get that thirst in school, whats the fucking point now?

>>21200601
>>21200601

They lost their appeal to me when someone framed them as an item that provides a degree of utility, and paying more does not increase the utility much.

You wear shoes to walk around.
Why dont you buy 10k$ shoes?
Because its fucking stupid.

If a 10k$ car gets you around perfectly, why spend 60k?

>>21200658
I can see that. A lot of the shit that people waste money on are completely foreign to your typical anon. I don't care about having a fancy car to impress people. Male jewelry like expensive wristwatches is fucking retarded. I have a prestigious job but status from a job is a meme and I'd quit it in a heartbeat if I made it off crypto. Fuck eating at restaurants because I'm a good cook and better at it than 99% of people I know. Fuck "fashion" because all you need is to lift and have a god physique and everything you wear will look good. And fuck that coomer bullshit like spending all your time at bars paying roasties' drinks, come on now.

>>21199844
Checkt but the true jewpill is to manage debt so you borrow money for investments that beat inflation+interest. If you can't though no debt is the next best thing easily.

>>21200656
>>21200608

The whole "find a good woman at church!" thing is a meme. The only women at church are geriatrics and mothers. Young single women are not at church, period.

>>21200608
>everyone in your family tree has been white and has married a white woman

I assure you if my male white ancestors could smash latinas and asians they would.

>>21198912
They are massive consumers, thehybare always poor living by pay cheque to pay cheque even if they are making 50-100k a year. They are incredibly retarded when it comes to finances and would just rather consume because all they care about is self gratification, they have no plans for the future they just live to consume and coom

>Are most normalfags broke?


yes and no. broadly speaking they have money but live beyond their means.

most normalfags spend all of their money on food, gadgets, clothes, and cocaine. the average normalfag has been jewed very hard at some point during their upbringing.

and a lot of young normalfags get bailed out by their normalfag parents if they get too close to being broke and don't really learn lessons from their consequences, it seems like they don't really care about learning how to handle money.

>>21200698
when you have enough wealth to provide for your basic necessities, everything else is surplus. when you have reached a level of wealth to secure your survival in most situations, additional wealth can be spent to improve the quality of one's sensory experience. you pay for nicer speakers so the sounds you hear are better. you pay for nicer materials so things feel nicer. you pay to reduce the difficulty of your daily tasks. you pay to see more attractive objects and people. you pay to have experiences that release more dopamine, serotonin and oxytocin. you pay to have more time.

this stuff is elementary. did you know that on "expensive cars" significant time is spent engineering the sound the doors make when they close? perhaps this stuff seems trivial and/or frivolous to you. perhaps you are just virtue signalling when you write bullshit like
>why spend 60k?
either way, it is clear you have a narrow understanding of the world.

>>21200658
> if you dont get that thirst in school, whats the fucking point now?
Most anons I think miss the point of making it. For me at least it is not about the clout, the lambos, the hoes. All are nice but will not be fulfilling. I doubt neeting for the rest of your life will be fulfilling either. If the above is all you want from being making it then you will be miserable. The fulfillment/ambition to do more to be bigger than yourself must come from within. The money is just the tool get started.

>>21201048
yeah but that leaves the hard question unanswered. WTF do we do with our lives

>>21201048

I think the value comes from the ability to devote all effort to exploring and discovering fulfillment, instead of spending 70% of your time satisfying the requirements to survive, and making it as comfortable as you can tolerate.

I think 50+ years on the couch or desk chair watching TEE VEE sounds like absolute hell.

>>21199977
yeah, but getting a low interest loan for the land and investing the money is better than paying for it in cash.

>>21201007
>spend 50k more on your car because the door slam sound is more satisfying
lmao

>>21199259
This is kinda how I feel at this point in my life. I like shit talking on here about investing more than talking with friends IRL

>>21201048
For me it's about not having to rely on anyone else. Wagecucking is a nightmare, even if you have a good job and make good money, because you are completely reliant on this single point of failure of your employer keeping you. At any point they could lay you off because of a merger, redundancy, automation, changes in the markets, whatever. And then you're fucked. Enjoy your foreclosure.

Even just the idea of wagecucking while still having a comfy stack of cash and having the peace of mind that you have no debts and would do just fine if you were fired tomorrow is heaven.

>>21200841
some of them did, and look where that's gotten us

>>21201083
That is for you to decide. What do you want to do? Do you think you can even handle having that much freedom? Most people can't and will go insane because they have been conditioned into thinking that buying shit is the only way to be fulfilled.
Give it some actual thought if you cant figure out what to do with yourself when you make it would you really even want to make it?

>>21201155
>I think 50+ years on the couch or desk chair watching TEE VEE sounds like absolute hell.

In a way it is worse then hell. All of the potential just wasted consooming.

>>21199343
Why are you keeping so much in cash?? You are losing money each year to inflation

>>21200420
ngmi

>>21200550
this is 100% true,
once it clicks you don't feel a need to prove anything
now i understand why gates,jobs,zuck and sergey dress so plainly

>>21199595

I hear ya. I think you have what it takes to make it my friend. Nothing beats persistence.

>>21201200
it's obviously more than that. the difference between driving a nissan sentra and an s class is night and day. at a certain point its well worth it, but that point is well after other needs have been met and most people aren't in that position.

Had this gay friend for a bit and he would complain about being poor when he would buy Starbucks everyday, has the newest iphone and go to the mall and spend money on frivolous things frequently. Since he acted like a woman the true insight I received from this is that gays are always whiny, and that most of the plebs that walk around are driven almost entirely by public perception and what society deems successful looks like. They have to maintain this illusion of wealth or status and it's costly living like someone who has the disposable income to waste on dumb shit and not care but they don't seem to realize how much of a pit they've dug themselves in but they can just pass that debt along to the next generation and so on and so forth.

>>21201540
Yup, people that keep up appearances are usually nigger-rich and just over-leveraged with debt in and living beyond their means. Actually rich people have no reason to front and keep things modest.

>>21201540

I believe its a social strategy towards survival. It's basically camoflage to convince people they belong to the 'good' tribe.

Notice how quick people are to let you know they dont support something seen as bad.

Having a critical thought about transgender people carries a societal risk.

These people are the 'people-iest' people. They love all the things other good people like.

I fear its a strategy for the dim witted, but I try to be positive and think its their brain telling them how to survive their environment.

Yes
Normals always have to keep their social status in check which means:
>Living away from parents
>Always having the newest smartphone
>Often buying the best new car they can afford (usually a Hyundai if poor or truck/Dodge musclecar if better off)
>Being able to spend hundreds or thousands of dollars to keep their girlfriend on retainer (or if a woman they spend that money on themselves)
>Have kids which is an enormous money sink unless they're single mothers then they just let Uncle Sam and child support foot the bill
>Go out to eat very frequently, I've seen normalfags that spend $30+ a day every day just eating out
>Drop $10k on some shitty tourist trap vacation once or twice a year

When you're already a doomed loser none of this shit is a concern. I use some $100 android with a cracked screen and I drive a 15 year old Mitsubishi while living with my mother and grandmother to save as much on rent/food as possible. I'd probably have a lot more if I didn't spend the first 8 years of adulthood as a NEET.

>>21198912
>tell friends and coworkers ages 22-38 about the money I’ve made
Stop being a bragging nigger

>>21200608
So what's stopping you from doing any of that shit if it works?

>make $54k/yr working outside as a forester
>live in a van on company land, no rent
>leatherwork on the side for extra cash
>only $10k in crypto since just graduated
slowly but surely we will all make it, frens

>24
>no debt except mortgage
>60k net worth split between Roth 401k, crypto, guns, property, small PM stack, cash
>car is a 2013 focus, 60k miles, already had all warranty work done and is dead reliable
>only entertainment is video games I’ve been playing since I was a teenager, cooking, and anime
>long term gf doesn’t need expensive stuff to be entertained, happy with just cooking or hiking
>salaried job pays me for 40 hours of work a week, only need to work for about 6

I literally don’t even think what I’ve done with my life is impressive, any normie could do the same if their entire life wasn’t based around taking pictures in exotic locales for Instagram or buying marvel merchandise

>>21201715
Imagine if someone was at the helm of those people's minds instead of the blowing breeze of the wind.

>>21202188
>401k
ngmi

This thread has really confirmed my decision to get rid of my Porsche Cayenne.

Most normalfags I know have maxed out credit cards or none at all, all their money in a chequing account. My gf keeps her savings under her mattress, tried explaining the concept of a savings account to her and it blew her mind.

>>21202116
Where do you empty the shit tank?

>>21202309
Do you let your dogs sit in it?

>>21202338
I shit at work, otherwise I use a composting toilet
I put a bidet in at work and I prefer that to having to wipe, so most of the times I just shit in the morning and before I leave at the end of the day

>>21199325
yeah but like i dont want to be the smartest person of my friends. I want to be the retard being pulled up not the other way around

>>21202298
It’s a Roth 401k that I pick the funds for and my employer matches 8% of my contributions. Literal free money

>>21198912
Having any kind of net worth on a $35k salary is pretty good. Normal people rack up a lot of debt, but if it's a mortgage they can become high net worth just because real estate goes up in most areas that aren't crime infested shitholes.

>>21199844
Absolutely true.

I was declined for a mortgage because I didn't have any debt. Thankfully it's pretty easy to go from zero credit to good credit.
Over the course of about eight months I went from zero debt, zero credit, to a 750 score and approved for a conventional mortgage.
I just got a credit card (started with just a $300 limit) and kept charging each month so I'd have between 10% and 20% on the card, paying it in full each month.
It's easy to charge just $30 a month at the gas pump.
Then after seven months of paying in full each month, I got approved for my mortgage.

Sorry for the blogpost.

>>21199259
Same tried to explain to them and they don’t even know stocks, regarding crypto all they say is «doesn’t money have value blah blah» like the stuff they use is not paper.

>>21200833
so where do we go then

>>21201715

Pic related

>>21202807
No fucking clue, let me know when you figure it out.
The actual hard truth is that the vast majority of people do not find relationships from cold approaching strangers, whether that's at a bar or church or library or grocery store or wherever. Most people get into relationships through mutual friend circles. And if you don't have those friend circles, you're fucked because it's like trying to get to somewhere by multiplying when you're stuck at zero.

>>21202709
You don't need debt to get a mortgage, just a credit score. You don't even need to charge anything on your credit card, except maybe a transaction every 6 months to keep it active. The higher your credit limit and the lower the utilization, the better your score. The more credit cards and the longer the average age of those cards, the higher your score too.

>>21198912
>telling coworkers your network
ngmi

>>21202807
Find a good healer anon.

>>21199844
Not true. I never had debt, paid my credit card off every month. My score was 780. Yes I could be in the 800's with actual debt but anything over 750 is fine.

>>21202893
yep. This is what happens to guys that end up living at home with mom at 30. no social circles no meeting women

>>21200420
Stupid ungrateful faggot. No perspective

>>21200788
I'm still a poor fag but I agree 100% with you. I have a prestigious job, but fuck all the stress that comes with it. Why is this mindset the exception and not the norm?

>>21199643
Fuck you faggot.

>>21198912
Since it’s another humblebrag thread I guess I’ll hop in too.
I’m just 23 and I make 55k as an accountant and have $300k in Chainlink, it’s nothing much I know hehe

>>21198912
These are people who think being a billionaire means you have a bank account with $1B in it and no other thing

>>21202376
Nah i an not a dog person. I like fish tanks but don't have one. Its a 17. I sometimes take it to the beach and to visit my old man in the mountains. When The warranty is up in gonna let it go but this thread has confirmed my beliefs im acting like a nig with my money. My rolex on the other hand I will never get rid of. I just love it so much and never take it off. I'm really into watches though and collected for a decade before I earned it. The car was just a flex move that I resent myself for now

>>21199186
>I never understood the car thing
my friends and i all share the common interest of cars; we work on them and stuff. going to the junkyard to snag an engine is always a good time, but these cars are arent 100,000 dollar mercedes. theyre old grocery getters from the 60s and 70s.
nobody listened to me when i told them about LINK. it kind of hurts because im the one who doesnt really have my shit together, and it makes sense that they wouldnt take my advice.

>>21201007
Objectively speaking a 80,000 dollar bmw was far more comfier to drive in than my little old civic.
If I had the funds, why not? My neck and back start hurting when I’m cramped in my little junker for too long, why suffer needlessly when you can be far more comfier?
Plus it just feels GOOD to be rich man

>>21201300
A more terrifying and disgusting image than any gore pics I’ve ever seen.
Truly disturbing on the deepest level

>>21203680
They have the most disgusting shade.

>>21203223
I am extremely grateful. I just miss my gf

>>21199643
Buying is usually better than renting unless you’re planning on moving again soon. But it’s not as much better as you think. Property taxes, maintenance, and mortgage fees make owning less attractive. It’s still better in the long run but don’t rush into it.

>>21202188
>2013 Ford Focus
>reliable
Ask me how I know this post is a larp

>>21198912
first of all don't talk to people about how much money you're making. i'm serious. but yes, most normies are broke.

>>21203735
Ngl dude you’re way richer than me and far more successful but you sound pretty pathetic talking like that

>>21203735
she is not your gf any more. also, you better realize those gains before you end up roping yourself when link inevitably crashes

>>21198912
>I’m a small fry compared to most here with my networth only being 67k. Normal people act like it’s insane though.

67k is huge gains, you can leverage that into a lot more, but dont be a dumb fag and put some in regular ETFs for when you bet on the wrong coin/token

>>21203756
I dunno, I had a 2000 focus and put 255,000 miles on it. Dirt cheap to get parts. Only time it ever stranded me was when the fuel pump died at 240,000mi. Car are literally the worst thing to spend money on, I say this as an enthusiast with several shitboxes.

Ideally what do you need in the US to live comfortably and own your house and car. Im thinking 400k house and maybe an extra 100k for savings, and a good extra 500k set aside. Im thinking a million can get you at a decent spot where you own your home, have a nice stack for investing. If you get into hard times you can easily sustain yourself with a part time job.

>>21203839
I won’t rope myself. I’ve been in the game long enough to feel nothing

>>21203919
From 2014 onwards, Ford has been making incredibly unreliable sedans.
I came across a 2014 focus with 2,000 miles and the tranny blew. Maybe 2013 was before whatever changed but damn so many shit new fords come through the shop lately

>>21203825
Yeah man I know. I need to look forward, not backward. But i’ve been all alone for a month now in a different state and wont get to go home for a few months. Socially I am at a low point

>>21201315
>>21199343

listen to the dude.

I get that crypto is volatile but jfc 750k in crypto and 250k in cash? you a dumb faggot. put most of your shit in ETFs and index funds dumbass.

>>21203945
Clearly you feel SOMETHING if you’re simping over your Chinese EXgirlfriend
Just find a new broad they’re 99% the same

>>21199643
buying is shit tier advice, if you wanna move out you have to sell at loss. you are literally stuck in a city which might collapse like detroid car industry collapse. youre at the mercy of the economy of that city.

buying is dumb

>>21203945
you should fucking rope yourself.

you literally get your phd paid for and you cry like a little faggot.

imagine being me and being in 100k euro debt, with shit salaries in the future. fuck you faggot. jerk of to some asians while crying about your exgf faggot

>>21200074
He's not talking about frivolous debt. He's talking about loans for real estate, buying a business, anything that increases your equity.

>>21200788
>Fuck "fashion" because all you need is to lift and have a god physique and everything you wear will look good.
i love fashion, but you literally dont have to spend a shitton to look good and up to date.

like maybe spend 100$ a year on clothes max.

>>21203975
Yeah I have heard about that, part of why I only buy manual transmission cars: virtually no chance of transmission failure, anti-theft because the car-stealing demographic doesn't have father's to teach them stick (literally, most career criminals grow up in single mother households), more fun to drive. I have a 2017 fiesta st with manny tranny, it's been perfectly reliable and I beat the piss out of it on the regular. We will see.

>>21198912
For most people, they're conditioned to be in debt, and can't imagine not living paycheck to paycheck.
My parents are retarded and are thinking about taking out another 40k loan to buy a new car after they've barely finished paying off the last one like 6 years ago. There is nothing wrong with the car they have. It's just a part of our society to constantly finance years away for some stupid bullshit we don't need.

>>21201715
>These people are the 'people-iest' people.
you mean like, non autistic 4 channers?

god damn auti , this is literally what a society is having a common ground on whats good and whats evil.

>>21198912
I know a guy who took out a lone to pay off his credit card debt. he goes..
>"but shit, I pocketed 7 grand!

>>21201845
>>Drop $10k on some shitty tourist trap vacation once or twice a year


if you dont go on holidays youre a sad faggot.

you can literally go to tokyo for 3 weeks for 2-3k.

not even starting about korea/china/europe or the god tier of budget holdiays SEA.

for the price of the newest iphone or your car payment you can live like a god in the phillipines for 6 months.

travel is important

>half a million in crypto
>still wear T-Shirts that I bought three years ago for about £5
Heh, nothing personnel jews

>>21204114
If you were in my shoes you would feel the same way

>>21204194

This, normies buy shit clothes multiple times a year, where you could take that money and save it to buy something half decent once a year. If you are legitimately interested in it there is nothing wrong with spending a bit extra on something, be it cars, food, tech etc... Buy nice not twice

>>21198912
yes especially if you live near a big city. the amount of $50-75k cars i see in my daily commute through central nj is sickening.

I can’t make fun of them too much because I was them until very recently.

The good thing is, being broke is something you can very easily turn around by making a few very simple changes as I have discovered. And once you really start to see those numbers clocking up you never want to stop.

>>21204523
Enlighten me anon, I'm just getting started too

>>21199343
Legit, I have 200k in crypto & drive at 2002 lancer. No clue why you’d buy an expensive car. Most expensive thing I’ve bought was a new phone because my old one was too slow to trade properly o

>>21202878
this image was so based until it started shilling the imperial system.

lmao fucking american coping image. Metric system is the superior system but alas science does not matter

>>21199343
based desu


basedpilled

>>21201083
build a family, community and nation of fellows.

>>21204690
Buy investments and things that don’t lose value, or even make line go up. Stop buying undesired things you will literally throw out or just use once and put in a cupboard somewhere.

That’s literally it. That’s unironically all you have to do to not be a moneylet and yet I didn’t realize it for the first 32 years of my life.

>>21198912
>>21199038
>>21198985
>>21199108
>>21199213

>>21198912
>they’re all astonished and tell me to sell and buy a car or 4wheeler or some other gay shit
You probably associate with trash desu.

>>21198912

yes, the average person is garbage with money, and the stories are often times eerily similar.

my brother and his wife have a combined income of probably 130-150k annually, raised one child (out of the house for a few years now), live in a pretty modest 1500 square foot house (although they bought near the peak in 2007, and have had some expensive repairs), and they're always struggling with finances. they've had steady employment, savings in the form of 401k's, and i thought bank accounts, but then i found out they took out a 401k loan to pay off 60k of credit card debt, which you wouldn't do if you had savings. it just blows my mind how they managed to spend that much. i have to assume it's frivolous shit, like starbucks, eating out, clothes, etc., because it's not like they're taking vacations to paris or putting kids through college.

>>21204368
based

>>21204987
Cheers anon, thank you. I'm 26 and I'll be trying to incorporate this better in my life, but I also want to start investing with some of my spare money instead of spending it on entertainment.

>>21199888
not as based as those dub-dub-trips

>>21199640
I have sex and live with my parents, do you need sex ?

>>21205085

It is mind blowing to me that people have over 20k in credit card debt, do they not understand that it isnt their money they are spending? Its so common it hurts my brain

>>21201370
I mean... what do you expect them to wear? Tuxedos? Pimp regalia?

>>21205430
>do they not understand that it isnt their money
its literally their money they spending tho, but in the future.

>>21205503
youre a retard

>>21202878
This is a cope for dumb people and schizos

t. Midwit

Still, get help anon. You don't have to keep pushing yourself deeper into misery.

>>21203975
My 2013s tranny blew at 50k but it was under recall warranty. That’s why I said the warranty work was done, because besides the retarded transmission it’s a great car

>>21205349

but what would someone without hot parents do?

>>21201300
I can't stop looking, this is extremely disturbing

Even billionaires get mortgages
Why use your own money to buy things when you can use someone else's
The growth you would see from that money would be greater than the interest on the debt

>>21198912
you know that you can lose it all investing right?

>>21204987
>Buy investments and things that don’t lose value
every investment can lose value

>>21206524
People who are saying "lmao cash out your investments to buy a car" are not the same people who intelligently utilize debt.

>>21202893


Protip: they’re at Trayvon and Craig’s house having fun and learning about life.

>>21204758
Agreed, that was one flagrantly false assumption. The examples are full of evidence that this was written by a midwit--in fact, it's even self refuting, as shown in, "midwit: rational debate;" this piece of writing appeals heavily to logic, and has no hint that it's been translated from the mentioned ""sagery.""

(imperial is mostly still being pushed in the states because of tooling costs, so it's yet another financial break for the corporations that Americans are forced to worship)

However, I think there's some things to learn in >>21202878. It definitely brought me back to my teenage years where I was angsty and loved to correct others, and I know I'm still like this today in plenty of contexts. I would say the difference between the labels this writer calls midwit and topwit is not intelligence, but rather virtue, and this pic really falls short of mentioning that. You could argue that superior intellect is necessary to exhibit true virtue, but I don't think that's an end game fact, either. The more I read it, the more it seems like a post written by a cheeky trad fetishist.

This post also doesn't excuse the schizos on /x/ who will bash anyone who doesn't believe in their personal delusions. I have seen the D-K effect thrown around a ton there when people ask for evidence.

>>21206738
I mean for people ITT who say all debt is bad debt
There is debt that works for you and debt that works against you

>>21199906
And how much have you spent on rent since then?

>>21201200
ngmi

>>21202878
This is so fucking gay

>>21200420
You fucking white nerd beta male.

>>21199844
you're a retard, you can build credit without carrying a balance. you don't need to take out loans either. you don't have to spend a fucking dime

>>21200420
Sergey what happened to the rest of your LINK?

>>21198912
Stop telling faggots your networth. Keep that energy to yourself

>>21204050
if you buy right just turn it into a fucking rental and hire a property management company. you don't have to live in a place very long to get to that point either. I only buy on 15 year mortgages so it only takes like 4 years.

>>21199343
>no gold
>no silver

NGMI

>>21199104
literally the only reason why I have debt is due to the college meme I fell for like most normies but I dropped out. Currently making as much if not more than all my friends with degrees.

College is the biggest waste of time when most of the knowledge can be found for free or taken in 6 months-2 years at a technical school certification course

>>21202396
things change anon. The last shall be first, as the Lord says

>>21199906
Same.

>>21207277
$20k. Meaning still way the fuck up.

>have been wearing the same clothes for the past four years
>drive a 2004 corolla that I paid for in full
>never eat out, I only cook
>only drink water and the occasional liquor
>been using a jewgle nexus since forever, probably won't buy another phone until this one dies
>laptop is a /g/-tier meme chinkpad T400 that I bought for pennies on the dollar
>the only relatively expensive thing I own physically is my gaymen PC that's worth about $2000 now in upgrades because it's the only thing I willingly blow money on
>no debt, maxed out credit score, $60k in crypto, $10k in stocks, and a $10k emergency fund that just keeps getting bigger
>could probably just straight up stop working for quite a while and be fine unlike 99% of normies who would starve to death in a day
>only 21 years old
>parents think I'm some kind of secret drug lord just waiting for me to get v& when I show them my portfolios
At this rate I'll probably be able to practically retire at 30 especially when my baby boomer relatives start kicking the bucket and I get some of that sweet sweet old money.

Normies are just braindead consoomers who don't understand the simple concept of saving and investing.

>>21198912
Yep you figured it out early op
Good job, you’re gonna make jt

>>21198912
normal fags will buy VRA over a dollar

>>21207426
idk man. Five days after she left, I had. new girl that fucked even better. 10 days after she left, I had two. One of whom had a boyfriend back home (she was an exchange student).
Fucked both of them for a while, hooking up with randoms occasionally. After a few months I dropped them and started dating some british/spanish girl. That lasted for a few months. Then I moved states temporarily and she went back home. Now six months later I still miss my ex gf. I tried to be alpha. I’m not going to simp over her. I just don’t know how to make the feelings go away

>>21200833
This is a baldfaced lie or you live in a liberal shithole state like California

>>21200370
Tell me about it. Retards spend almost $10 for one meal at McDonald's, claming that it is cheap. You can eat really well for $50 per week without even really trying. That's 21 meals vs 5 meals for the same equivalent price. Yet people talk about how McDonalds is cheap and groceries are expensive???

>>21199186
>i like xmrs tech
your friend will unironically be buying you a boat after link crashes and burns and you're suicidal. and because he's an xmr chad, he won't have even for a minute thought about replacing you with some new fuck, you traitorous bastard

>>21200482
Are you me? I’m just going to pay the smallest payments and buy as much link as I can.

>>21205430
Credit card debt is a huge income generator for banks and credit card issuers.
13 to 20% interest on your debt.
Morons who don't pay their shit off each month is asking to get rekt.

>>21198912
The thing is you don’t question or look into why most people are like that, you just assume they are dumb which puts you in the exact same situation as them except you have a little more of the cheese from the rat race we are put in.

>>21207725
>when my baby boomer relatives start kicking the bucket and I get some of that sweet sweet old money.
Ohnonononono he doesn't know about the eternal boomer and their reverse mortgages and sports cars and boats and overseas vacations 4 times a year. Don't plan on getting anything when your boomer relatives die. All you can be sure of is when boomers finally die off they will leave the rest of us with a bankrupt Social Security fund and a majority nonwhite zogged hellhole of a country.

>>21208545
>Ohnonononono he doesn't know about the eternal boomer and their reverse mortgages and sports cars and boats and overseas vacations 4 times a year.
It must suck to have shitty family.
My boomer grandparents just have a humble home in the same rural Midwest town they’ve always been in and just sit on a pile of money in case their relatives need help at some point. They are rank and file Dem voters which makes /pol/ believe them to be the antichrist but they’re very nice people and have always helped me and my parents when we’ve needed it.

>>21202188
What kinda salaried job do you have?

>>21200420
Find another chinese bitch.

>>21208326
>Morons who don't pay their shit off each month is asking to get rekt.
Why? What are they going to make you do, file for bankruptcy?

>>21200550
I hate the game, i hate participating. Fuck this earth

>>21208907
Sysadmin/data analysis

>>21207886
Take your meds

>>21200550
but everything is a trap. there isnt a single market that isnt ponzi tier right now

>>21198912
>tell me to sell
every fucking time, that's why i can't have normie friends

>>21198912
Yes, most have no idea what a personal balance sheet even is. The extent of their financial IQ is this: What is my monthly income from my current job and what expenses and liabilities can it support?

>>21202878
This is spot on and triggers the midwits.
>>21204758
>>21206925
>>21205631
>>21206925
>it's even self refuting, as shown in, "midwit: rational debate;" this piece of writing appeals heavily to logic

>link
no anon you were the NPC all along

>>21198912
>Are most normalfags broke?
Yes. Practically everyone lives paycheck to paycheck. Regardless of income they always spend all their money right away.
Also, the vast,vast, vast majority of people have a net worth of LESS than 0. People are extremely indebted. Even extremely modest savings like 2k easily puts you in the richest 25% of 20-something year olds. If you are worth 67k at 24 you are quite literally among the richest 2%.

>>21200449
Maybe you can save me a day and recommend a cheap smartphone that works well in 2020?

>>21210410
literally any xiaomi phone within your budget

>>21199643
>they are building an asset, much better then renting
except people got rekt in detroit or new york right now. you are dependent on politicians not being retarded if you buy

Used to be an unironic consoomer buying tons of useless crap to clutter up my room and blowing tons of money on drink/drugs going out.
Had a £800 overdraft due to living above my means and would have it maxed out pretty much every month for a solid year.

Now I found a better paid job with no commute, stopped buying stupid crap, eased up on drink drugs and most of my paycheck goes into the savings account + crypto.

Feels surreal, actually feel like I woke up from some kind of fever dream. So happy being a consooomer is past me now.

>>21210410
Motorola Moto G

>>21210410
Google Pixel 4a
>takes excellent photos
>HDR 1080p OLED display
>128 GB storage
>good battery life
>fast enough
>stereo speakers
>Google's superior software
$349 in the US. 349€ in Europe.
However you'll have to wait, it's in pre-order phase right now.

>>21210848
botnet

>>21199343
97' opel vectra, 7k link XD

>>21199343
>2002 toyota avensis
>House paid off
>10k+ in xsn (mostly in masternodes
(All this in eastern eu)

Anyone who doesn't buy cars in cash doesn't deserve to make it. Either you shell out for an indestructible shitbox with cash or you make it so you can pay for your lambo in cash. Fuck car dealerships.

>>21201715
wow i cannot even read with that formatting, you fucking faggot. Buy a shovel and kys

>>21198912
Lol dont think you are a small fry with 60 k net much better than most here

>>21199186
Am I the only one who sees the boat thing is in good fun? I would probably say that to my friend as a goof and "kudos to you for making it". Is this board truly this autistic?

>>21209150
get charged a fuck load of interest on your debt so it keeps growing until you can't pay it off & become debt slave for life.

>>21199844
Incorrect, Jew. I’ve never borrowed a cent. Pic related.

>>21199343
I have around $1500K in crypto and I drive a 97 Lancia. All I've done to it is replace the audio system, but over the last 10 years I've spend so little on it that it's crazy.

>>21198912
most people are retarded and dont care about anything other than sex and food and drugs.

you shouldnt have told them about your money, they'll resent you and eventually blame you for everything.

i used to work and made about 100k a year, i didnt tell my friends but they kind of knew i must have been doing OK bc work was always sending me abroad for conferences.

even tho i never told them about the money i had, they resented when i didnt pick up the cheque at restaurants etc --- never let your friends (and even family if they are bluepilled) know how much money you have. lie and say you're poor.

>>21211194
>Anyone who doesn't buy cars in cash doesn't deserve to make it
Agree, 2000 Toyota Corolla here

>>21198912

I make a 100k a day and live in a small room in an attic I rent. People are stupid and have bad priorities. I just go around all day making people happy without telling them my name.

r8 my life pls
>28, married, just had first kid last week.
>Airline pilot, first year at a major airline. Made $96k last year, making $58k this year (eating into savings to make ends meet). Will make $110k next year.
>possible furlough on Oct 1st
>current budget is about $2300/mo for everything. Never eat out, always home cooked meals.
>6 month emergency fund in place.
>no debt
>about 3.5 oz of gold, and 180 oz of silver
>shitload of guns and ammunition
>about $23k in mutual funds, and $10k in 401(k)

Am I gonna make it bros?

>>21202709
Jesus fuck that is retarded, as a non burger I cannot comprehend this

>>21198912
>35k a year
Why even have a job at that point... like fuck bro get fired go on unemployment and learn to code or some shit

>>21211746
if shes not a cheating whore you already made it

>>21211855
She’s a good girl. Debt free virgin without tattoos, ironically we met on Tinder. I’m the one who’s had the promiscuous past with dumb thots, which I wholeheartedly regret. Thanks anon.

If you faggots are white, have children. You’ll thank me later. It’s a ton of work but it’s so worth it.

>>21211801
You don't necessarily need to go into debt. You usually need 3 lines of credit though.

>>21204351
And that's why you have 100k debt. Seethe more you had 3 years

>>21207725
Don't advertise that you're well off, even to your parents, if you value that relationship. Please take this advice young bro. If your parents ask how your investments are doing say they're ok but like 10% up over all time pr some shit. T. Can't talk to relatives

>>21211746
how's 'rona treating you, workwise?

>>21210410
Whatever samsung is $150 new. Don't buy a chinkphone, not worth the 50 dollars saved

>>21211746
You have a stable marriage unless that falls apart you are probably 1000x better off than someone with a million dollar net worth
You should eat out every few weeks, for your wife's sake. She will nod and say you're doing the right thing saving money but deep down women are women and it would make her happy

>>21212104
Demand has fucking plummeted, worse than 9/11. Personally, I think the disease is massively overblown by the Jewish media, but the economic effects are going to continue fucking us in the ass.
But not flying gives me time to chill at home with my son, so I can’t complain. If I get furloughed I’ll get like $800/wk in gibs.

>>21212227
>deep down women are women and it would make her happy
Good advice. Appreciate it, anon. Have some Reichsmarks.

>>21200698
It's not that simple. A cheap used car has higher maintenance costs and no resale value. You can incur opportunity costs compared to a newer model (of course, never buy straight out of production, only demo cars, reimported or re-sold)

>>21199343
I have over $100k in crypto and I don't even own a car. I have a single speed that gets me everywhere I need to go for the time being.

>>21212360
Hope those replace the dollar when it collapses

WHY ARE ETH FEES SO HIGH
LITERALLY $40 FOR FUCKING SWAPPING/TRADING COINS
WTF

got a 300k networth with 28 i just got a tesla now that i will lease for 520 per month i know my neworth wont grow as fast anymore but atleast i will earn some autonomy and i will have a comfy car where i dont have to worry about repairs

>>21213441
Xsn will take care of this

>>21210739
This is the correct answer

>>21212360
how much 1 coin costs?

>>21210739
Terrible camera. Great phone otherwise. I'll never spend over $300 on a phone again.

>>21202878
what's a midwit who realises he's a midwit?

35 and i've never had any form of debt. at this point it is the only thing holding by my credit score from getting out of the 800s. I put north of 65k a year on my charge card (which requires you to pay off each month), but having no installment loans is apparently a red flag.