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In the same 4 years that I 6x-ed my income, I also 9x-ed my expenses. I’m really bad with money, and people keep giving it to me! He needs to be more frugal..
by velodrome 10y ago
In the same 4 years that I 6x-ed my income, I also 9x-ed my expenses. I’m really bad with money, and people keep giving it to me!
He needs to be more frugal... Net income (profit) is important.
$100k income / $90k expense vs $20k income / $10k expense. Reminds me of Ecommerce vs SAAS.
- chadscira 10y agoHe doesn't need to 6x his revenue anymore, now he just needs to slash those expenses. I'd like to see the average effective profit per hour, spread across the 4 years.
- Swizec 10y ago> He needs to be more frugal Turns out mum wasn't lying when she said the fridge doesn't fill itself.
- velodrome 10y agoSwizec, don't be so hard on yourself. You just need to separate your needs vs wants. Save today's wants for tomorrow's needs.
- bryanrasmussen 10y agoAnnual income twenty pounds, annual expenditure nineteen pounds, nineteen shillings and six pence, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.