/biz/ - Business & Finance

>my current gf makes almost a quarter of a million dollars a year
>I'm a painter who sometimes sells something maybe
It's all her.

>>53506817
How is $90,000 poverty class lmao? You know there are places you can live outside of Manhattan, LA and San Francisco?

>>53506844
Yes, these are Midwest numbers

>>53506817
this feels about right. im making 55k by myself and while not pissing in a bucket, im not getting ahead at this rate. when i lived in SLO county they figured the income level for affordable housing was 115k i believe for a couple

>>53506817
Inflation doesn't make sense to many. It’s one of the many reasons we are in this predicament in the first place.

>>53506904
>predicament
Anon, are you...are you african american by any chance?

>>53506817
This is true, its basically impossible to build any long term wealth without property to park it in, so the majority of conventional jobs (service industry, teacher, low level public servant, butcher, grocier, fisherman, labourer, etc. Basically anything that people think of when they think "middle class") are at subsistence level. Not the subsistence level of poor third world farmers either, since they at least own their own lands.

>>53506904
its a ponzi scheme.

>>53506837
>my currrent gf is onlyfans whore
my condolences

>>53506947
Worse. She's a consultant.

>>53506817
The economy in my town, at least in terms of storefronts, is about 50% botique stores, resale, second hand goods, consignment, etc.

I went into one such store to sell some shirts, and was told that they operated entirely on donations.

Its mind boggling that this town has no real manufacturing base, just property owners recycling peoples trash for a high markup.

Boomers took a powerful industrialized economy and turned it into a nationwide clearance sale. At this rate our grandchildren will be sorting through garbage dumps to resell coper wire and plastic buttons to each other.

>>53506817
I live in a decently large apartment in a European city, drive a new-ish Audi A5, go to Dubai twice a year, don’t ever count my money, yet I always have more than 50% of my wage at the end of each month.
Why annual wage? 35k USD

>>53506947
what does that make her when onlyfans dries up?

>>53506817
jokes on you faggot. i make 50k a year but my dad bought me a house and i lie to women saying i bought it w bitcoin so fuck constantly

I make 30k a year with no debt and live like this. Anon is right its so fucking over

>>53506817
unironically true. HR starting is 90k these days.
A shitty tech worker used to get 75k, now they get 150k.
Salaries got 2x'ed. Rent, food, everything needs to be 2x'ed to compensate.

>>53506837
>>my current gf makes almost a quarter of a million dollars a year
>>I'm a painter who sometimes sells something maybe
Pure genius.

>>53506988
Vashon Island in Washington is literally this, faggots from Seattle come over and buy some meme shirt for $50

>>53506988
>At this rate our grandchildren will be sorting through garbage dumps to resell coper wire and plastic buttons to each other.
Most people in America have been dumpster diving since the gas crisis of 1970.
You're dumb as fuck if you think A) people don't dumpster dive and B) there's no money in it.
There's actually pretty good money in dumpster diving.
I'm planning on living somewhere where I can pick scrap metal and pan for gold, just live in a tent and start fucking scraping/panning.

>>53507029
Congratulations on housing yourself, having or having had some sort of finance on a '17 Audi A5 and going to an overpriced desert city build with slave labour that pumps in water from nearby villages that thought they were selling water rights to a camel grazers.

>>53507029
cap

>>53507515
Oh, almost forgot... having a $1500 emergency fund/ currency account balance at the end of each month that doesn't seem to ever get saved or grow and is used on funding the first 2 weeks of the next month.

>>53507491
Based as fuck.
Get a teepee and some dogs.

>>53507524
>>53507515
Why r u such a bitch ass nigga?

>>53507498
I honestly don't know why she tolerates me.

>>53507526
I tried making a teepee once using vines that had killed trees and then stuffing evergreen branches into it. Never finished because fear of Cessna planes kept me mobile and I was even poorer at the time.

Would definitely try again. Probably YouTube that primitive tech guy as I assume evergreen branches would never work with a fire

>>53507550
probably because she's over 30. i have a job where i have to interact w consultants constantly and they are setting themselves up to be permanently single since their 70-80 hr work weeks make them fat blobs yet they have absurd expectations for their partner

yea im sure men that make more than you dont want to fuck 20 years olds

>>53507567
Poor people want to fuck 20 year olds too anon

im 29 make 106k yr.

i can only afford 1-2 bedroom apartments built in the 1980s. if i go way out into the suburbs i can get 2-3 bedroom townhouses.

my parents had a giant house by my age and my mom didnt work.

>>53506837
Based. This is me but mine is on $140,000. We are both attractive to rich women anon.

>AHHHH THE 16TH OUT OF 250 DEMORALIZATION THREAD FOR TUESDAY IS OUT!
>IT'S ALL HOPELESS! HOPELESS!!!!
>BETTER TO JUST BUY AND HOLD SHIT TOKENS, PLAY VIDEO GAMES, AND EAT MAGIC MUSHROOMS THAN BUILD A BETTER LIFE
When I was a whipper snapper, they needed to use mtv to trick us into being slacker losers, so that they gate keep prosperity. Now they deliver hypnotic suggestion directly to your soul with social media.

Good luck kids who read and understand what I'm saying. Stay strong.

>>53507567
kek i know a girl like this. mid 20s, works 70 hour weeks. probably makes a lot of money but also fat

>>53507591
Sorry grandpa, but it's clear now that no one under the age of 50 will be able to retire, and even that's stretch. Social Security will run out of money before we get anywhere close. I shit you not, Republicans are literally trying to change Social Security/retirement age to 70 to keep the illusion going just a little bit longer.

You should be old enough to realize the house of cards is tumbling down, and unless you truly make enough to escape the system, you're going down with it, which means a regular job is not going to cut it. It's either make it off those shitcoins or die trying.

>>53507591
shut the hell boomer

>>53506817
>>53507583

I'm 28 and I earn around 80k USD and live in Scandinavia. I own a 4 bedroom house 10mins from the City on the edge of a forest and 2mins from a lake.

What the fuck is going on in America? I thought we were the Europoors?

>>53507705
to be fair im canada. we are objectively worse off than americans and run by insane leftists

>>53507627
I fully agree but its hilarious to think about
>2017 bull run
>>this extra cash from ltc and eth is pretty based with my current job, wagmi
Vs
>2023 (pending) bullrun
>>I'm all in pepl, the system is fucked and you'll be part of the panic genocide unless you get in NOW
then again the more I think about it the less funny it becomes

>>53506844
>live in ohio
>make $50k for the first time last year
>only 7k in the bank after multiple car problems and rent and taxes and utilities

>>53507627
>>53507682
>IT'S ALL OVER! BUY PIKACHUFART ORACLE TOKENS AND KILL YOUR PARENTS! YOU'LL NEVER TOUCH A PUSSY OR MORE YOUR OWN LAWN, SO WHY BOTHER?!
>NO! STOP! DON'T TELL PEOPLE THE DUDES IN BREADLINES IN THE 30'S WENT ON TO BE OUR GRANDPARENTS, AND OWNED FUCKING EVERYTHING, AND THAT THERE'S DELIRIOUS UPS AND CRUSHING DOWNS IN LIFE, AND IF YOU KEEP TRYING YOU'LL EVENTUALLY BREAKTHROUGH!!! WE WANT THESE KIDS TO SELF SELECT THEMSELVES OUT OF THE FUTURE, AND YOU'RE RUNNING EVERYTHING!

>>53506817
I live 10mins outside of Boston and make a little over $80k from my W2 job.
if I didn't have money coming in from investments and trading magic internet coins I would be legit poverty tier.
Your classes seem 'good enough'. I'd like to know how you determined them though.
>>53507705
Are Chinese citizens allowed to buy property in your country?

>>53507627
Based and truth pilled

>>53506817
i'm a $100k/year accountant in your "lower middle class." this is depressingly accurate. my only hope at advancing in life is grinding to a $140k/year manager job and dealing with 24/7 stress.

>>53507583
back in the mid 1990s my parents bought 10 acres of unimproved land and a new manufactured home, delivered and installed on site. they were in their late 20s. my dad was (and still is) a high school drop out industrial mechanic, my mom has worked entry level stuff all of her life: clerk, secretary, retail sales, etc.

i'm 33 and make $100k. i have a bachelors and a masters degree and work in corporate accounting. recreating what my parents did today would cost like $300-400k, which i literally could not afford.

>>53507514
>Most people
I don't think so bro. I think that's a pretty niche thing to do.

>>53506853
Bullshit. $90K is middle class in LCOL. You can buy a house in a white school district/neighborhood, make enough so your wife doesn't have to work and can even have a new car with that much money. Fuck off coast fags.

>>53506817
income isnt a good measure of wealth though

for example i make 70k but my parents paid for my college and car and i live with them so i save 90% of my income. meanwhile most wagies making 120k in commiefornia would have less disposable income. the best way to build wealth is simply to live with your parents

>>53509111
By the simple fact you live with your parents you are poverty tier so the rankings hold true.

>>53506817
>you have to be in the top 10% to be the middle 50%

Uhhh ok

>>53509944
Well the thing is a lot of “middle” earners today are grandfathered in houses from when they were cheap, so their 80k income can pay their mortgage from 2010 or whatever. But if you’re just starting out in 2023 these are the new numbers.

>>53509944
Middle class was pretty much always defined as average American lifestyle which meant a 3bed 1.5/2bath house with a yard and garage, two cars, 3 kids, 1 or 2 vacations per year, kids enrolled in sports, kids college fund, etc etc.
Show me where you’re doing that on the average household income.
So we have to move the criteria one way or the other and either outcome is the same; you have to roughly be around OPs income brackets to afford the same things commonly associated with them up until anytime before the year 2000 just to keep it simple

>>53510104
>always defined as the historical anomaly that existed from 1950-2005

>>53510232
how mentally buck broken are you, to defend a decrease in quality of life and standard of living.

>>53510232
True. Before then it wasn’t 3 kids it was 15, there was no college fund because diploma not needed, and your wife (who was 14) didn’t have a job outside of the home

>>53509726
so by your definition all aristocrats throughout history were poverty tier until marriage?

>>53506817
bruh do you realize what % of people fall under 90k/yr???

>>53506949
>consultant
>Overpaid leech to society
Will there ever come a time where these espresso drinking zoom call jobs are gone? How the fuck is this sustainable?

>>53510314
You’re not an aristocrat, you make $70k in California and live with your parents in a basic ass house.

>just watch screen and be happy
>ignore everything crumbling to dust

we live in a society...

>>53510276
I actually completely agree with you and OP I was just giving you shit. Whether it’s defined as 40 acres and a mule or a white picket fence in the suburbs, the middle class is being hollowed out and social mobility in America is nearly dead. My wife and I come from upper middle class backgrounds and even with the nepotism and parental help we have barely broken into a middle class life so that we can raise two kids in semi-comfort. If you weren’t born into privilege then forget about it.

>>53507627
Talk in detail about how social security is funded and what would happen if pay outs were cut to 75% of what they are today

>>53507898
Pikachu coin is unironically underrated

>>53510276
>your wife (who was 14) didn’t have a job outside of the home
we need it back desu

>>53507627
>social security is retirement
Get a 401k. Max it out. Stop gambling on shitcoins
>but muh social security
There are 30 million spics in the US that consume more tax money then they generate. There will not be social programs in the future. Just pray the left doesn't nationalize your 401k and hand it to 3rd worlders

>>53510232
The industrial revolution is a historical anomaly. Hell antibiotics are. Go live in a hut and gather some berries.

>>53506817
>Basically, what I’ve discovered is that in 2023, these are the new income classes:
>$0-$90,000: lower class/poverty class
>$90,000-$140,000: lower middle class
>$140,000-$230,000: middle class
>$230,000-$325,000: upper middle class
>$325,000-$550,000: upper class

You are an idiot and completely disconnected from reality./ Are you from the third world? You are posting frogs and have no idea about money or incomes?

>>53510976
>Just pray the left doesn't nationalize your 401k and hand it to 3rd worlders
You didnt build that 401k on your own. You did it on the backs of the lower class by passing racist laws that kept us down... could use same rational for the boomers. Someone did a bad thing and it affects me. Slave morality bullshit.

>>53506844
Wages are lower in areas with lower cost of living. The only way to maximize your dollar is to work remotely making coast wages living in the Midwest

>>53507627
If you don't get and fund your own 401k/pension portfolio/ whatever you will die on the streets/roads on your own in your 60/70s and your own children will say it was your fault and that you were always dumb and irresponsible or you would have been a billionaire like tyreese Kardashian the III who did not even need to learn to read.

>>53511025
>If you don't get and fund your own 401k/pension portfolio/ whatever you will die on the streets/roads on your own in your 60/70s and your own children will say it was your fault and that you were always dumb and irresponsible
Read it you retard.

>>53506817
And if you do not live in merica and live in a actually stable country, i guess you have no value right ? Yiiiihaaaaar

>>53511011
You live in poverty and are either delusional or coping

Inflation is just bananas. I got something like a 60% pay raise last year and I barely notice a difference in my life. I can't imagine what it's gotta be like for anyone making under $70k right now. How do you even eat?

>>53511341
the CPI claims that grocery inflation was 12% YoY and has recently closed to an annualized 2-3%. meanwhile, even the blackest of gorilla niggers can tell you that prices are up about 50% for identical goods YoY, and that's ignore the impact of shrinkflation.

>>53511364
To get that 12% number they must be performing some arcane magical math like counting non-perishable spices as meat and eggs.

Then other day I said to myself "You know even if I have leftover budget for groceries this month I should spend the rest because next month it might be too expensive" and I nearly screamed in the store because I realized I'm DCA'ing fucking groceries.

>>53510976
Don't they get taxed for social security on their pay checks but are never able to withdraw it without a true ssn? They're contributing to social security but will never be able to withdraw from it so they're propping it up without taking from it.

>>53511364
I've cut back on consooooming and have gone completely lean. Generic cheap brands, mfg coupons, clearance racks. Some of it's inflation and some of it's price gouging to suck up as many of these extra dollars before the market crashes.

>>53506817
>$0-$90,000: lower lower class/poverty class
>$90,000-$140,000: upper lower class
>$140,000-$230,000: lower class
>$230,000-$325,000: upper middle class
>$325,000-$550,000: upper class

There, fixed it for you.

>>53511604

>get taxed on their paychecks
>implying that they’re paid above the table

The state of all of us in America. Unbelievable sometimes

>>53511736
They do when they work for "temp agencies".

>>53511456
>>53511364
Ever notice how everything is in different weights / volumes now?
They’re probably only using rate of change in identical goods so they basically reset everything to 0

>38
>$100k government wagie
>Leaf

Just kill me now.

>>53507789
Low income, high taxes. Ohio is such a shit state.

>>53506844
I can't work remotely friend

>>53511456
>Then other day I said to myself "You know even if I have leftover budget for groceries this month I should spend the rest because next month it might be too expensive" and I nearly screamed in the store because I realized I'm DCA'ing fucking groceries
Oh hell that is a bad sign

>>53512453
>>53511456
Bullish on Costco, unironically

>>53510976
>the economy is a pyramid scam... and its the fault of immigrants on the lower rung goys, i mean guys. Make sure you vote against any form of wealth distribution tho, i mean, do you want to be even poorer than you already are?
The eternal boomer everyone

>>53511264
>You live in poverty and are either delusional or coping
No, the home I am in is mine and worth 1.9 million no debt no loans, have another couple of million odd in assets like another house, stocks, gold, art, antiques but your conception of reality is absolutely disconnected. I actually deal with peoples accounts who have 10+ million worth of assets daily and their debts and cash flow are terrible. OPs post is a work of fiction.

>>53511604
They have been reproducing and making more of themselves. The vast majority of spics in the US are on government aid of some kind. Income security is our single largest government expense above all else and spics are a poverty striken horde of orks that consoome more US tax dollars than any other group. They are a poison pill to destroy the US.

>>53512584
Socialism is the art of making everyone equally poor and I don't give a fuck if you die in poverty, in fact if you are retarded enough to make that post I hope you never get any money to do harm with, your a dumb ridiculous lump of bullshit. Redistribute wealth. Try making some your worthless fuck instead of angrily holding your bowl out like the moron you are.

>>53512588
>i am a millionaire and all the people I deal with are millionaires so let me tell you how it is for everyone else
Nice try bozo.
I'm sure everyone in your 1.8 million dollar per house neighborhood is working a $90k job and just crushing it at life.
Meanwhile in my disconnected reality and work of total fiction it's definitely not common for people who are making $80-100k/year to live with roommates or even live at home into their 30s.

>>53512584
Blaming immigrants is like blaming the gun. They only come here because they're given the opportunity. If you're some 80 IQ brick layer in Tiajuana would you really not try to get your ass over to the US just to have a better shot at life for you and your family?
I don't blame immigrants, I empathize with them for taking the path of least resistance to a better life which is what everyone on here does through shitcoin gambling.
I blame the politicians, the bankers, the teachers, the business owners, everyone who cooperates in this scheme to suppress wages, and usher in globalism to make us all debtcattle with no identity.

>>53506853
>90k in Midwest is poverty

Why the fuck are there 80 posts after this one? My god Zoomers take the bait so fucking easily its ridiculous.

>>53510976
>pray the left doesn't nationalize your 401k
Prayer not needed. One can see the writing on the wall and then add 20 years magnification. 401ks are for the middle class, and we can see how they're getting treated

>>53510976
If they nationalize 401ks they could just as easily nationalize brokerage accounts or any other asset. If it goes that route, and it's looking like it will, there will be no escape.

>>53507789

Ohio bro...

>>53512640
I work in small scale manufacturing and work on the side as a private tutor for clever middle class teenagers, and im barely getting by.

Meanwhile the richest people in my generation are ones whos mommy abd daddy helped to finance a house, and now rent it out to poor people for more than their morgtage.

The issue is that the economy doesnt reward productive labour. In fact it funnels it away from productive labour into the pockets of parasitic rent owners, who increasingly become obscenely rich at expense of an increasingly poor lower class with no real chance at social mobility.

Try not being such a useless boomer parasite

>>53512744
>in my disconnected reality and work of total fiction it's definitely not common for people who are making $80-100k/year to live with roommates or even live at home into their 30s.
Then you must make incredibly poor spending choices and lead stupid lifestyles. You will also find that your earnings may not stay at what you claim they are. Its entirely possibly you really just are dumb and are telling teh truth but really the [probability says you are some sort of weird nut. Who would earn 90K (70-90 I would say is fairly average professional earnings pre tax) and house share? You need to grow up. If you are spending that money on bills and feeding yourself you need to learn how to live because you don't know.
>>53514029
I don't care. I don't expect you to care about me or my family either. If you want wealth redistribution and socialism you will make yourself and everyone else poor and miserable if you get your way. It would be better if you died. My entire understanding of you is you hate people older than you and you want to have their money. You don't even know how old I am (not a boomer) because the thought never crossed your mind that you may just be an idiot who lives in a world of ideas for stupid people, like blaming boomers and socialism. You are posting pseudo Marxist nonsense speak and you sound like some African cargo cultist repeating words that impressed you. You really are dim. Neither do you have any dignity. I don't need to tell you how I made your money. Your fucking pathetic 'I'm working class virtue signal' rings false and hollow. You sounds like an unemployed whining spoilt millennial bum who has never held down a job for more than a year. Just like your friend OP with his opposite end of the millennial spectrum of bullshit seems like an arse as well.

>>53506844
>You know there are places you can live outside of Manhattan, LA and San Francisco?
Huh, how many barcades and doggo parks do they have a the great outdoors in Montana?

NONE

>>53513389
not your keys not your ...

I make 50k a year.

I own a 2 bed 1 bath house at 3.25% on an acre of unwooded land, have a paid off 2012 car, 19k in a 401k, and 24k cash in the bank. I guess I live i. Poverty.

>>53514809

Your house isn't paid for, and your 401k and "cash in the bank" are losing value every day. So yeah.

>>53515107
>your 401k and "cash in the bank" are losing value every day.
The cash may be but one of my pension accounts did quite well over the last 12 months, its up 23%. I'm sure there must be some 401ks that did ok in the last year.

>>53514493
I live off 35% of my net income. Don’t fucking lecture me about spending you clown.
$100k gets the vast majority of people nowhere.
You’re either trolling/LARPing or some kind of boomer faggot who bought everything in 1982 and had the government fondle his ballsack every step of the way to make sure he never made a real mistake. Get fucked

>>53506817
My dad was making 400k in the 80’s

>>53515518
You're a retarded millennial bullshit artists and you don't even know how stupid you sound. If you can't live on 100KI then you are a walking talking avocado on an epic whine. Since you're a stupid nasty little prick you are going to have a hard life. Good.

>>53507789
>>only 7k in the bank after multiple car problems and rent and taxes and utilities
Sounds terrible but you can get a second hand Tesla now for cheap.

https://www.ebay.com/sch/i.html?_from=R40&_nkw=tesla&_sacat=0&_sop=2

It will save you on fuel and repair costs. Get the Tesla for 7k, ditch your current car and just use the Tesla to drive to work.

>>53506940
>Not the subsistence level of poor third world farmers either, since they at least own their own lands.
hehehe, i know but still

>>53506817
>$325,000-$550,000: upper class
Lmao, the upper class doesn't live off salary.

>>53515580
I make $140k between W2 and K1
, that doesn’t include trading shitcoins.
I live off 35% of net and I’ve never had avocado toast. I manage money better than you and live very frugal. $100k isn’t shit no matter how you cut it and you’re delusional as fuck or never left your moms basement if you think otherwise.

>>53507589
Did you thugmaxx? I knew I should have invested in tattoos instead of my 401k...

>>53506988
checked and truepilled.

>>53510361
It's insane how much is handed to women on a sliver plate these days. All they need to do is look good and they can get a highpaying bullshit corporate job.

>>53516276
Put most of it on Charisma

>>53516701
Yep

>>53506844
85% of the United States live in cities or urban areas, look it up.

>>53506817
If you can't find a way to escape the machine than you have my permission to kys. I can't subjugate myself to inferiors. I would sooner starve.

>>53506817
Those aren't how classes work you mong. OP is most likely american, where the "upper class" eats mcdonalds, smokes weed, and shitposts on twitter all day.

>>53506853
lol

>>53506817
Sounds almost right. Upper middle is $350-$600

>>53506904
It’s made up. They have to raise it to smash us down.

>>53514708
More reason why you just switch to crypto where you get full custody of assets. And I for one use wallets like Exodus and Sylo which enable that

>>53506817
Yes. Welcome (((home)))).
While they could have taught you how to run your own shop, they taught you how to be a great subject instead.