/biz/ - Business & Finance

>>53022205
Dude I don't save anything a month. I'm literally emptying my savings accounts to survive every month

“Only” as if saving the median American’s monthly salary is bad. You must be 22, compsci major, and extremely autistic huh?

3500 straight into litecoin is how you get ahead bucko. *sips*

>>53022205
You'll be fine financially but you're an effeminate drama queen which is a problem

>>53022205
>mfw 220k salary
>barely able to save 5k per month
it's unironically over

>>53022205
>>53022712
holy fuck I didn't realize americans had it so bad

>>53022712
>amerimutt free market be like

>>53022718
It is the state trying to get it's 20 lbs of flesh at all costs regardless of economic consequences. Taxes are fucked here and fuck you if they get messed up. Is there any real purpose to the whole tax deductions and credits instead of a flat rate? I get incentives but not when the risk reward is not worth while.

>>53022205
RICE AND BEANS

>>53022748
got a 20k bonus this year, after taxes it's a little more than 12k

shit guys its so rough here i couldn't just buy a new pickup truck when i hit 80000 miles like i always do
i actually had to pay for an oil change

>>53022205
Coinmetro exchang: Kadena, PRQ, maybe a few other lowcaps. Take the Kevinpill anon

>>53022212
do you have a job or are you a neetcuck?

>>53022250
Median household income is like 85k now, most people save a few grand per month easily now

>$818484782828182747474 per second
>can't even save $2 a month
It's ogre

>>53022205
That's pretty good desu, not sure if this is a humble brag thread

jewish loans ruined america

>>53022205
Break down your last month's spending for us

Oatmeal for breakfast
Beans and chicken thighs for lunch and dinner. Be frugal with the portion sizing. Should add up to roughly $40 in cost for a month if u eat it every day.

I don't understand american salaries
i've read that accountants make 70k dollars a year, that's fucking insane
in france an average accountant makes like 1600 euros a month after taxes, so about 20k a year
Am I missing something here ?

>>53025535
Im a financial analyst that makes slightly over 70k in FL. Its not that bad if you own a home with a low rate. Quality of life is good here for people in my bracket. Fwiw.

>>53025535
the term "europoor" actually isn't a joke

>>53025561
So what you're saying is I should move to the US and come back rich a few years later ?

>>53025535
>after taxes
americans always give their pre-tax salaries, froggy

>>53022205
Bruh. I was making like 1200 a month and it was all going into student loan bills.

>>53024294
That's a fucking lie lol try reading the average on America dumbfuck larp

>>53025535
Kek, I make 1600 a week after tax installing cameras like a low iq grug

>>53025608
fuck off Frenchie, we're full

>>53025695
what jorb?

>>53025535
Europeans decided to trade financial prosperity for nebulous social and climate goals. You guys literally chose this

>>53022205
Even being able to save utopic amounts like OP, only gives you $42,000 a year. It's so fucking over

>>53022205
>30
>live with parents
>doing the overemployed meme
>131k salary more liek 108k post tax
>even if im super frugal, which I am, it's gonna be like nearly a decade before i reach millionaire status

Have you tried buying a car in Russia and driving circuitously to Siberia?

>>53022205
>>53022205
>How the hell am I ever supposed to get ahead?
Earn interest on the digital USD through SpoolFi, Aave or Curve instead enriching those savings account bankers.

>>53028856
Retard you could live off income ETFs in just a few years of saving up your salary.

>>53022205
>only saving 3000 a month because i live with my parents
>as soon as i move out i will be lucky to save $500 a month
>literally one single bad event could wipe 6 months savings out in an instant, or even force me to take out a loan and into debt

>>53029973
>income ETFs
any recommendations?

>>53030064
JEPI is a popular choice right now. Pays monthly and with it's last payout this month it works out to a little over 13% annual yield based on current market value.

>>53022205
>>53022205
oh fuck off. you're lying.

>>53022712
here's an investment strategy
>have $220k salary
>move to bulgaria
>spend $2k max a month
>spend $24k/year
>almost $200k/year of savings
>???
>profit

>>53024294
Cope

>>53024294
Median household income is $71k, keyword household so that's going to support a family.

>>53030857
There is legitimately no way this is true. They must be counting actual homeless people in order for this to be even remotely true.
I've had an entry level job for 6 months and I have more than that

>>53031468
Are you paying rent/mortgage? Most of the population pays for that and also a family, so the numbers aren’t that surprising

>>53031468
>They must be counting actual homeless people
You do know what a median is, right?

>>53031506
Yeah I'm paying rent but I don't have kids. Looking at the under 35 bracket surely most there do not have it. I mean if they count children in as well I guess it makes sense but if it's only people in jobs it simply cannot be true.

>>53031545
Not like there's exactly a lot of info there. Lots of homeless people don't even have a bank account. They might be excluding extremes at both ends of the spectrum, so billionaires are not included in order to not distort the data, for instance.
But no, I'm the stupid one for sure.

>>53031468

Those are bank balances, not investment balances. The financially literate people have their money invested, the financially illiterate are legitimately poor. Both halves end up with low bank account balances.

>>53025608
yes, that's what everyone did but they moved to the UK when the pound was strong as fuck and you could live like a fucking king by working at UK supermarket for a few months.
Now you just go to the US for the dollar stability strength.

>>53022205
I unironically don't save anything. I went full mad max years ago and just spend savings. I also won't work and buy guns and do whatever I want. I know it's wrong but the whole house of cards will come crashing down and you cucks can have all of the green paper you want. Nowhere is safe to keep your money and the government is deliberately destabilizing the currency.

>Tldr: savers. Are. LOSERS.

>>53022205
Why not invest in good projects with feasible utility, or probably DeFi?

>>53022205
I make 3.5k a year.

perhaps you feel empty because you're denying yourself things that would make you happy, OP?

>>53022806
i make 135k and my sedan had 211k miles on it i will never own a home fuck you

>>53022876
Full time job. 50k a year. Manager

>>53032656
i also have 130k in my 401k and 180k in the bank and im 30 im gonna kms

>>53022712
You’d think the median salary on 4chan is 140k based on what people are saying

>>53030841
you'll probably have to worry about green card runs, whether you can even get access efficiently to your work through the internet, and countless ambiguous elements you wouldn't really know till you arrive.

>>53032370
Not all defi projects worth investing, do you have any idea of a trusted project to ape?

>Only make $6 million a year
>Barely able to save $300k
Is it over for me bros?

>>53030841
>Only $16,666 a month in savings
Good luck shopping at Goodwill eating out of soup kitchens broke boy

>>53022712
jesus poorfag
just kys yourself right now

>>53022712
Where’s your money going man

>>53032815
But then the solid ones aids us against market volatility, we can still keep earning no matter what.
>do you have any idea of a trusted project to ape?
How vast are you in blockchains that solve blockchain trilemma?, yeah I actually mean Elrond, I hodl it and that has been ever since it kissed $50 and majority of it as being pulled outta CEXs and placed in its native Maiar dex farming pool where I get decent APRs on RIDE and MEX aside metastaking them.

>>53033542
Into stablecoins farming through SpoolFi for rewards. Saving for tomorrow and barely save up to 5k for today.

>>53025535
I make 300k working remotely as an engineer for a fintech company. My take home is ~$15,000 after taxes

>>53022205
>saving 1000€ a month
>that puts me in the top 1% of people here in Germany
Can’t make this shit up. One of the richest countries on earth and yet everyone is poor and the few people who could invest/save chose not to and instead buy plastic shit since advertisement recommends it.

>>53034010
>One of the richest countries on earth
Whoever told you that is your enemy. Also, no amount of money will enable you to buy your country back.

>>53032815
>>do you have any idea of a trusted project to ape?
The likes of evmos, scrt & rail, are go-to projects, staking rail offers a chance to join the DAO

>>53022205
Kek I literally make $8,000 USD a month in interest alone. Imagine struggling to save 3500 goy shekels every month. Kek. Keep it up slave boy

>>53022205
>only save 19M a month
should I just rope guys?

>>53034227
What inspires you to make a post like this?

>>53022212
Based survivalchad

>>53034334
He’s based and you’re a faggot

>>53034334
what inspires you to make a post like this? Whats your question?

>>53031580
so you do know what a median is? Or at least what it is used for?

>>53034425
Damn, man. You sure showed me. I think you forgot a "cope" or a "seethe," though.

>>53022806
.. do the oil change yourself?

>>53022205
I know that feel anon
>only barely able to scrape together about $450000 a month
How the fuck are we supposed to make it? Stuck in 8 figure hell forever reeee

>>53034163
How many rail tokens is needed to join the dao?

>>53022742
>>53022718
yuropoor sisters how do we cope with this? I make 50.000 a/year in tech in Germoney

>>53022775
Sounds like Germany.

>>53035109
Any amount you stake automatically qualifies you a DAO member, fucker.

>>53022775
Facts, using a privacy project in the crypto game is a smart move. Not only do you keep your transactions under wraps, but you also save a ton on taxes.
Winning.

>>53032815
Private DeFi projects are good ones to invest in. You could look at XMR, RAIL, ZEC

>>53035181
no one in Germany gets a 20k bonus lol

>>53022712
>>mfw 220k salary
are you me? this is almost exactly what im bringing in and saving. Not sure what to do with the money. Need 2 new cars which would set me back 100k. These poor fags dont get it.

>>53022212
Same. All my networth is in Link and since last year I've had to sell them off every month to survive. I can probably last for another year then it will be homelessness and poverty

>>53037382
true

>>53022712
… is that bad? I make $170k and save $3k/mo. Am I supposed to save everything I earn and live like I’m in poverty?

>>53031618
You need more than that in savings to respond to emergencies. Otherwise you’ll either go into debt or be forced to liquidate your investments. I’m targeting $50k in savings

I just wanted to stop by and flex on all the poors in here by informing you I have not one but two cups of lentils. Heh, I know that stings but do try to keep warm this winter. cheerio!

Bump

>>53038065
You need to be saving $20k a month at age 19 if you're gonna make it sweetie keep up

>>53022205
you're not supposed to. that's the point lol.

>>53022205
For fuck sake try and generate some passive Income fool.
By metastaking in maiar dex I generate like upto 25% APY.
Even we can stake a few alts in ledger.

>>53025535
>>53034010
why the fuck are europeans so poor
there's clearly lots of money around, it feels like 90% of the population are pseudo-peasants in terms of income and salary ceiling

>>53040865
It's true but if you check in another aspect the adoption of crypto and implementing as payments is pretty good in European countries desu.
For instance LuganoPlanB.

>>53022205
Take advantage of the bear market to slurp some low caps with real life applications with growth potential like ZIL, ENS, RAIL for some multiple x in the bull

>>53022806
Just do the oil change yourself. Or ask you wifes boyfriend nicely

>>53025535
Shut up faggot
I made over 3k a month working basic office shit in europe
You're a retard

>>53038518
but how many bearded dragons do you have guarding your vans? checkmate poors

>>53032701
probably two times the annual median earnings.

>>53025535
I thought the difference was Americans say pre-tax / benefits income and europoors do after-tax

>>53042403
>>53040865
>>53035159

>>53022712
I make 4 million per month and only save 50k per month

It is over