They got rich off of selling the books. You'd be better off peddling your own self help book than you are following one.
Making 100k a year - What's it like?
- Thread starter MikeBrownsJob
- Start date
They got rich off of selling the books. You'd be better off peddling your own self help book than you are following one.
feelosofer
#ninergang
Trust me 250k it has it's own set of problems, once I'm covering my 2 kids college expenses (well room and board mostly), mortgage, 3 car notes, and a good chunk of money tied to investments etc, savings, insurance, paying an accountant (you should get one if your banking more than 150k, imo). If my business goes belly up I'm doomed.
How much are the car payments combined a month? If you pay them off that's an additional amount per month you have to work with.
Do you have an emergency fund in place?
so why the fukk did you quote me in the first place. I was clearly talking about rich dad poor dad. But I do know that there are plenty of similar books and programs out there that offer pretty much the same thing. Rehashed common sense packaged to make you feel better about yourself. I can tell these books you read are full of the same shyt, because they teach you that you are now somehow smarter/better than those who haven't read the books. So you felt the need to come and defend that idea when I called it bullshyt.
feelosofer
#ninergang
Yes, I have an emergency funds which will cover all my expenses for about 3 or 4 years as is. Car payments are about 1800 for all 3 but one is almost paid, the other 2 are leases I can write off under my company. I would say college eats the lions share of my expenses but I consider them an investment. I'm fairly comfortable money wise, but its definitely a balancing act because a good chunk of what I make goes back into business expenses and maintenance on my Apt Buildings.
rapdonttweet
Pro
Because that shyt doesn't mean anything to someone who looks at the bigger picture. Like me. I don't give a fukk about jewels or brand name clothing as it is now, doubt that would change with money. Nice apartment with a big screen tv. That's where my dreams end. I just want to enjoy life, not own expensive things and constantly worry about money.
nikka, you said "books" not just that book specifically. You should work on tightening up your argument so that it's better understood.
And if you think i'm coming off as "smarter" or "better" then you've put yourself in an inferior position and that's your problem not mine. I defended you saying that information in books are bullshyt because although that's your opinion, I don't agree with it and that's ok for us to disagree.
HookersandIceCream
#TeamOrange
lol @ 100k people saying thats not much 250k is the sweet spot
And now we got someone making 250k saying that aint much
And now we got someone making 250k saying that aint much
the bossman
Superstar
not only that. I also say it mostly because of inflation. 100k today just aint what it was 20 years ago. Lets say the bar for a nice sized 5br house in a neighborhood was 250k twenty years ago. Now that same house in that same neighborhood is probably more like 550k. Yet that magical 100k salary bar is still at 100k. It don't go as far as it did back then
↓R↑LYB
I trained Sheng Long and Shonuff
lol @ 100k people saying thats not much 250k is the sweet spot
And now we got someone making 250k saying that aint much
It's true though. Until you make that much and realize that really nothing has changed in regards to your lifestyle, you won't understand.
I guess your books don't teach reading comprehension.
I quoted someone taking about the specific book. And I said "those books" meaning that book and those just like like it.
And no I don't think your coming off smarter. YOU think you are coming off smarter cause you read a couple self help books, and they told you that you are.
One more time. Please find a successful enteponuer who applauds these books.
No matter what your income is... if you make stupid decisions and handle you finances improperly then you are the one to blame
if you have a car note making 6 figures then you are fukking up
if you have a car note making 6 figures then you are fukking up
People are only viewing the salary from their current perspective. If you make 50k, of course 100k is going to seem like a lot but to a person making 90k, 100k won't be that much. It really boils down to individual savings/investing, and living goals. How much would you like to save/invest per year AND still have x amount in discretionary income after covering living expenses? that's the salary you want to target.
nah, it is based on the principles of the person and how they manage their finances--when i was making 25k in the army I was intelligent enough to handle my finances properly so that now im making 200kplus im in a great position with no problems
Someone was talking about Rich Dad poor dad (one book from my understanding) and you referred to it as "Those books"
Pardon me if I got confused. You don't have the authority to judge how I feel about something, only how you interpret it. Again, if YOU feel I'm coming off as smarter (which I don't think I am), you put yourself in an inferior position. Sharing what you learned doesn't make you smarter, just a nice person LMAO!!