/biz/ - Business & Finance

Maybe you should just burn all your money and then kill yourself

>>53178526
no no he got a point.

>>53178523
Okay grant cardone.

>>53178523

100,000 in 1990 is equal to 230,000 today. That sounds about right. If you go back to 1980, it's 360,000 today. Even in 2000, it's 175,000. So, OP is in the right direction.

You're not wrong, but even 250k/yr is "just" upper middle class. A nice house and a nice vacation each year, not much more.
t. 320k/yr

>>53178523
200k is the new 100k since post covid. BTW if you make below 100k you should consider restarting (pic related)

>>53178523
guys should i get a job now that everyone is making 1/4 million a year for moping floors?

>>53178523
100k is pretty good in American dollars.

>>53178655
I've flown to Germany from Canada every year on just a 75K salary. Wtf are you on about.

>>53178523
$100k is still really good. But you're right that $200k is the point where you hit "fuck you, plebs" level.

>finally make more than 100k
>should hit 150k usd in the next 5 year
>get absolutely raped in tax
It's over.

>salary 135k
>take home pay 88k

Fuck the government

I make $15 dollars an hour as an accountant

It's true. They pretend inflation and wages are lower than they are so that everyone gets stealth bumbed into higher tax brackets.

>>53178700
absolute cope, if you're not make 500k you should probably consider suicide. 500k is not even middle class

>>53178523
>$100,000 salary isn’t even good anymore
100k still more than 82% of Americans as of 2022. 250k and up is in the top 3%.

>>53179210
Doesn’t matter, not the point
I don’t give a funk what others are doing
100k just ain’t shit no more

Everyone i know makes 100k. I take home 8.3k a month. Not good enough still

>>53178927
He's talking about owning a house and raising a family that you provide for and take on vacations
Not being some single dickhead getting herpes in spermany

>>53179210
Exactly, that just means everyone is poor. This is what erasing the middle class looks like.

>>53179220
Hey asshole why do you think you need to spend so much. Do you live in the city or something like every other fag?

>>53178523
my salary is $15k, STFU you pretentious asshole

>>53178523
100k isnt even middle class now its poverty line

>100k salary
>66k after taxes (34% standard kike rate)
>3k avg rent/mortage for housing means 36k yearly
>you make 30k after housing costs and taxes
>subtract food and gas
>you make like 1k/year maybe if you eat ramen and take public transport
>JUST STOP EATING AVOCADO TOAST AND PUT MONEY IN YOUR RETIREMENT ACCOUNT YOU LAZY ZOOMER

>>53179210
82% of people are subhuman scum that watch sportsball, drink alcohol, smoke weed, and are content with fucking, masturbating and eating. Don't compare me to them ever again. I deserve 1000x more than they do.

>>53179522
now compare to NEETs

>food stamps $376/month
>$30 cable internet credit
>free medicaid healthcare that covers 100% of everything
>free obongo phone
>poorfag utlilities mean near free electricty/gas
>can mine crypto on taxpayer dime and flip shit on craigslist for cash
>your quality of life is literally the same as a wagecuck who grinds his fucking health into the ground slaving 10 hours a day for greedy kikes only you have no stress and 100% free time

unless you have a $200k/yr job why should you even bother waging?

>>53178523
well this isnt true lol
soon though.

>>53179220
Retard, greedy, wrong take

>>53179551
because I took the pledge

>>53179576
No counter argument. His point still stands.

>>53179586
He made literally no point jew

>>53179210

imagine 1/5 people in a room making more money than you all the time, when everyone is so retarded

>>53179413
I'm at $100k and with California's bullshittery taxation that comes up to around $4.1k after taxes.

>>53178523
no, $1,000,000 is

>>53179507
>>53179576
My earlier post, 135k salary
Took home 88k

That’s fucking theft n I’m sorry you don’t make more, not my fault but even with 88k I find myself just getting by

N no I don’t live in a big city, I live in the Midwest

i make 200k and bring home only like 4.5k a paycheck granted i have 401k hsa etc taken out. pretty depressing since with bonus gross i'm supposed to be at like 20k a month

>>53178523
I earn about a third that and I'm pretty content. Even have a little bit saved away.

Also ~150k worth of assets in the form of shares in mining companies, but that's kind of meaningless to me for the next few decades.

>>53179618
100k is shit. He's correct. You failed to refute it and continue to seethe.

>>53179551
This

>>53179149
Are you really an accountant? Or are more a book keeper or payroll person

>>53178523
I make 230k "working remotely" at a single job in which I do 8 hours of work max per week.

It's not fulfilling so I am joining a different company where it's a proper 40hour work week, but comp is around 320k usd (closer to 400k in good years) and still remote.

I did not go to an ivy league school and don't have great connections.

This was not hard to obtain. You all would just rather argue woth each other on a cartoon frog picture message board.

>>53180244
can you share the job title or company? are they hiring more people and what skill or certificate do you need

>>53180274
It's a shitcoin that was on Binance Launchpad early on. Extremely dysfunctional, but they were able to get a lot of vc money. Founders cashed their tokens out before even a test net was built, and there's still no answer as to "what's it used for?" Can't tell you the name or my title. Department can be loosely defined as ecosystem development- aka make sure the user acquisition cost is higher than some of the junior peoples' salaries... not kidding.

New role is at a popular consulting firm. I have an MBA and an MSc in math from a state school, and have built products before.

>>53181169
deloitte? i thought about working there, they have an office in every city. but every time i had to deal with them, either their vendors or the consultants taht my job contracted, they were total idiots. this was 2 different jobs i worked, in 2 different states. but both times dealing with deloitte personnel i got the feeling they only hired people who were too dumb for actual companies. kind of like state workers. just obvious diversity placeholders with zero capabilities. i figured if i worked there i would pobably go apeshit being surrounded by morons but maybe if the pay is good i could tune out and just work another job at my desk for double income while pretending to work like everyone else.

>>53178655
no it's not. lower and upper middle class is 50k-160k

>>53179522
if you pay $3000 a month in taxes you are an irredeemable retard

>>53181321
and this is household income, so it's with 2 people working

>>53179551
This why you buy crypto the post.

>>53181295
No, big 4 are audit factories. Your description is accurate and your experience is common.

Mine is an MBB firm. Lately they are casting a wider net than hiring from "target" schools. Or maybe it's that I'm not straight out of school.

Don't do big 4. You're correct. It's dog-tier work with dog-tier people.

>>53179541
you deserve to be poor, because that's the fate of most money hungry people

>>53178523
In Canada earning 250k gets you nowhere as the tax brackets haven't been adjusted

To those who are easily demoralized, please look at the actual data. The median household makes $71k. The median family is able to support itself on $91k. Think of what the median family lives like, in some suburb near a major metro, two new cars, piles of plastic goygadgets purchased every christmas and birthday. You, a single frugal man, can easily make do with way less.

>>53178523
Nah it's not that bad.
I'd say $150k or even $200k is the new $100k depending on if we are going 1 or 2 decades back.

>>53181333
How is he supposed to reduce his tax rate? I pay £1600/mo but I can't do anything about it. Even if I was willing to illegally dodge tax, I couldn't because they deduct it from payroll.

>>53181639

that's a false comparison. median family incomes are $91k but this includes a large swathe of gen x and boomers who benefited from cheap college and cheap housing. a family income of $91k today is meaningless when you consider that $91k household income is 1) rare, as most newer generations aren't dating let alone getting married and 2) still comes nowhere near affording a "starter home" with a $2500/month mortgage + $500/month taxes + $500/month utilities, upkeep, and insurance, once you back out the costs of food/transportation/student loans/etc. for 2 people. and good luck if you want kids, even the shittiest and most niggerlicious of daycares these days are like $2k a month.


i say this as a single male who makes $95k a year in the suburbs of a large city. i can comfortably afford a $220-250k house a today's rates, which gets me a row home in niggerville or a dilapidated 1200 square foot plywood boomer box that needs $50k in renovations (if i do all the work myself.)

>>53178927
Yeah to stay at hostels and you probably live in your moms basement and/or don't have many other expenses i,e a family.
>>53181321
>>53181334
I'm not feeding this dumb ass troll nigga frfr
>>53181639
>the median family is able to support itself on 91k
Maybe in eastbumfuckistan
Anyone who lives on a coast can't support a family on less than $200k/yr without government help and I really wish I was kidding.
You basically need ~$75k for each member of your family to have a decent life

>>53181936
taxes on $100k gross income are nowhere near 34%. i make $95k and pay 25% between federal, state, and local taxes. it's still a scam but it's not 34% bad.

>>53181976
Right. My £1600 is about 35% but that's normal here.

>>53181437
>>53181437
thats not how the song goes

>>53179149
>clerk
>bookkeeper
Accountant minimum should be over $25/hr and only that's fresh out of college

>>53178523
>>53181506
>>53181885

Jesus fucking christ you're all dishonest and delusional. You're part of the reason /biz/ is shit now, part of the problem. Stop fucking lying, I guarantee you that none of you make 100K+ a year and if you did, you'd be over the fucking moon. Lying about income and what you think about income only further deludes this board into thinking a 6 fig salary is low. IT'S NOT.

>>53181639

Someone with a fucking brain on /biz/, thanks

>>53182077
>low IQ psychologically anchored to the fabled SIX FIGURES™
you should be looking at what SIX FIGURES™ buys and not how many people are earning it (which is still telling, as it's not that rare anymore.)

How much are you paying in taxes if you’re “making” 100k per year?

>>53181295
The ratio is half and half. Half are retard corpobots that can do what they're told and nothing more (dead give away is anyone with specialist in their title). The other half are soul-crushed grinders: intelligent but mentally unwell, trying to reach toward that lucrative Partner title where you barely do anything and collect $300k/yr.

>>53182115
20-25%. it depends on a lot of things: pre-tax deductions like health insurance and certain retirement contributions, filing status, what state you live in, etc.

>>53181936
I meant $3000 in rent

tax is a separate issue
if you make six figures and half of it is taken away you don't make six figures, you lie about your income like you do your height, and you are in no position to say if six figures is or isn't a lot

>>53178523
shutup retard i make like 20 an hour and im fine

>>53178523
As a 208k salary, can confirm op statement.
100k is working poor now.

>>53179095
Not really.

>>53181957
Holy shit the cope
>bought a $220k house in the Midwest in a medium sized city 3 years ago and with 10% down and the mortgage/taxes/utilities are $1850/month.
>Yes housing is expensive now and rates are up. Not the best time to buy. In the next 3 years another good time will occur, this is a cycle.
>you’re a virgin

>>53182865
>lives in chudville
>doesn't recast the monthly PITI obligation with today's mortgage rates

ask me how i know your IQ is half of your tradwife's weight.

>>53179150
Total fucking bullshit when I realized this

you bring 6 figures and she brings 2 children, 2 mental problems, 1 loan debt and 1 STD everything depends on the balance

>>53178523

The number is closer to $350k

The $100k/yr dream was a product of 1980s America.

In 1980 $100k could buy you a 6000 sqft house and a high end sports car with money left over to build a nice nest egg.

$100k in 2023 can get you a modest house, modest car, and maybe allow you to max out your 401k and Roth if you scrimp, save, and live in the Midwest.

>>53179551
Based and neetpilled. You are paying others' neetbucks if you are waging.

>>53182077
I'm not lying about shit.
You don't have a good concept of reality when it comes to the purchasing power of $100k in a coastal US city.
A hot stay at home wife is going to cost you at least $100k/yr just on maintenance.
Each kid is going to be like $50k/yr minimum (schools, sports, college fund, clothing and feeding)
Any additional family member you want to help is going to cost you $50k a year.
So for yourself that's $100k
Wife $100k
kids $150k ($50k x3)
mom $50k
That brings us to $400k/yr
That is what it will cost you to have a hot wife, own a home in a decent neighborhood away from niggers and heroin addicts, send your kids to private school and pay for their hockey equipment, and have your mom retire with dignity (assuming she was poor beforehand).
You could do it on half of that ($200k) if you want your kids in public school or a lower tier private school or home school and you want a mid tier wife that works as well.
But yeah man it turns out that shit costs money. I'm not thrilled about how expensive things are and how the middle class is basically non-existent at this point. I'm not trying to black pill you but that's just kind of how I see things and I laid it out how I got there.
Otherwise marry a girl with a rich dad or move to the Balkans.

>>53183612
You can afford that in a non-coastal city for $150-$200k. If your mom takes care of herself and your hot wife works part time, which many honestly want to, you can afford that life on $100k to $150k
The majority of the country doesn’t live in an expensive coastal city. Some do, but the majority

>>53183612

I'd say you are dead end, if you marry even a 6/10 you need to spend $100k per year on her or open the relationship and swing with a huge risk she divorce rapes you anyway.

The coastal cities WILL cost you more and they are highly desirable. Basically heaven on earth in terms of culture or climate.

I'm not sure why everyone automatically excludes the coasts from being a wealth goal. They should be THE goal.

And don't give me that crap about homeless or ultra lib politics either. Every rich dickhead chooses to live in California or Honolulu or Seattle if they can afford it. Even the rich conservative ones. You don't see Michael Savage relocating his crusty old Jewish ass and his $50 mill to Lee's Buttfuck, Missouri.

>>53185389
>choose to say "I have enough"
>live a modest comfortable life
>if the boring safe neighborhood you live in gets too boring, use your surplus savings to take a nice trip somewhere
or
>be chud /biz/poster
>lament your inability to live a life manufactured by multinational corporate marketing departments

ah yes
the eternal dilemma

>>53178523
“Six figures” was “good” salary 30 years ago. If you adjust for inflation, the stealth jew, $100K in 1990 is about $220K today. OP is correct

>>53178523
https://youtu.be/2I4v88gLBuI

>>53183215
This is the most true post in this thread.

>>53182077
>6 fig salary is low. IT'S NOT.
It is low. My mortgage is 4k per month.

>>53185552
A six figure salary is about $10^1 per hour after taxes so it is pay on the same order of magnitude as the minimum wage. In salaries about $200k start getting to the next order of magnitude. I think $300k/year comes out real close to $100/hr after taxes if you're working 40 hour weeks. I spent about $100 on food just today so even $300k/yr isn't offering any great opportunity to escape the cycle of wage slavery.

>>53178523
Zoomers wont date you unless you make at least 400k

I won't date anyone that lives in Antarctica.