The game is rigged. 100k is still not enough, and that is crazy.

[Legal]

You thought earning 100k would allow you to buy your house in cash?

Breh my wife and I make 3x that and we sitll have a mortgage.

It sounds like you had some fukked up expectations of how your money was gonna work



Now, i agree that it would be nice if homes costs less. Because in other countries, the same size homes... same materials.. etc cost a fraction of what they cost in the US.

I'll give you that... but to act surprised by it...

We can wrap up the thread now based on the bolded.

Assuming his gross is $100,000 on the dot, breh is saving and investing (via stocks) 30% of his income. And that's after taxes, benefits, and maxing the 401K (which I believe is $19,500 at least for this year). You're living one hell of a life if after taxes and benefits, you can afford to stash half of your gross income every year and still live comfortably.

No, you can't buy a car or house in cash in a single year (or even a few, if we're talking about a house), but assuming you don't live some place with super inflated values, you can easily stack up 20% of a mortgage in a few years time off the savings alone, set aside any gains that could be made off of the stocks.

 

[R.E.N. Spells Ren]

THUS. THE. POINT. OF. THIS. THREAD. ARE. YOU (AND OTHERS PARROTING THIS fukkING POINT). SLOW?

Breh, your title literally says “100k is not enough”


If the point of the thread was supposed to be that the income of the bottom 60% of Americans was not enough you wouldn’t be getting these responses

 

[Mr Rager]

I understand what you're getting at OP, but I think the issue is that you're expecting more than than what you already have.
As you pointed out, your SAVINGS is almost equal to most Americans yearly salary, and that's before their expenses.
Don't let LLC Twitter corrupt your idea of where you 'should' be in life. Perspective is key here

 

[UberEatsDriver]

THUS. THE. POINT. OF. THIS. THREAD. ARE. YOU (AND OTHERS PARROTING THIS fukkING POINT). SLOW?

Yea I’m slow.....

 

[Romell]

Awkward thread. Almost 60% of Americans don’t have $1,000 in their savings or enough to cover an emergency and this OP is bytching over saving 30K a year.

I think this is OP's general concern. Even in his bracket he feels like at any moment he could lose it all so how in the world are people that actually make around the median income even functioning.

This thread is why the term "survivors remorse" exists. I've grappled with this feeling as well on many occasions.

 

[J Money]

I swear some of yall coli dudes are straight weird man lol

Come off like some sheltered suburban cats

 

[Mr. Jack Napier]

Crying about 100k is not enough

A lot of people are far worse off than you, bytch n****

 

[UberEatsDriver]

I think this is OP's general concern. Even in his bracket he feels like at any moment he could lose it all so how in the world are people that actually make around the median income even functioning.

This thread is why the term "survivors remorse" exists. I've grappled with this feeling as well on many occasions.

I save a lot of money myself and I feel good knowing those grim stats.but to each their own.

 

[Rawtid]

When you have serious goals and plans for your money outside of paying bills, 100k is definitely not enough.

It’s ok to want to live better than decent.

 

[Originalman]

Yes compared to the very very well to do 100k a year salary isn't that much.

But to a lot of regular folks its a lot of money.

In the big scheme of things when you make 6 figures even the low 6 figures most folks ain't gonna feel sympathy for you. Just look at it this way OP many many many people throughout the country. Especially in this economy would love to switch places with you and would feel you are ungrateful.

And I don't say that to be mean I also make 6 figures...but I am just being honest on how others will feel about you complaining on your salary.

 

[Losttribe]

100k isnt good because you retarded nikkas dont know how to live, travel, shop, budget, cook, network, and buy property

 

[Everything Zen]

In summary, the 100K salary doesn't provide the freedom most people think it does.

/thread

i kinda sorta see where op is coming from, his delivery was just off... people from a certain time and place were sold on 100k being this magic number, a number that went a hell of alot further in the 80s and 90s than it does now.

location, lifestyle, level of generational wealth, familial obligations (wife, kids etc.) assets and debt are all important factors.

 

[King_Sage]

Bruh you killing it




Rhetorical question: do you have debt payments outside of your house/car?

This is the number one reason people struggle if they make above the poverty line..

 

[Originalman]

I think this is OP's general concern. Even in his bracket he feels like at any moment he could lose it all so how in the world are people that actually make around the median income even functioning.

This thread is why the term "survivors remorse" exists. I've grappled with this feeling as well on many occasions.

Real talk this happens to everyone who is a saver and is responsible. I know millionaires whose fear is losing all their money and going back to a 100 thousandaire.

It happens with myself. If I won 10 mill tomorrow I would worry about what would happen after taxes and how I could lose the rest of the money.

Thats why they say with people no amount of money is enough because there is either the fear of losing it all or the greed of wanting more.

 

[Gold]

100k isnt good because you retarded nikkas dont know how to live, travel, shop, budget, cook, network, and buy property

Was watching married at first sight and they were doing their budgets and the couple were spending 9k a month on bills and personal.

I mean live your life but you can still enjoy the same shyt for cheaper.

I dont see myself as "rich", but there isnt anything that i feel that we cant do if we dont budget for it