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> I make significantly more than 250k and spend all of it Why? How do you justify that? Do you have no concept of how to manage money?
by driverdan 4y ago
> I make significantly more than 250k and spend all of it
Why? How do you justify that? Do you have no concept of how to manage money?
- crhulls 4y agoI spend my whole paycheck, I don’t live paycheck to paycheck, which is a huge difference. I don’t have a money management issue but it is interesting how quickly it can go. And then in California marginal tax rate goes over 50% so headline earnings is not take home.
- mrguyorama 4y ago>I spend my whole paycheck, I don’t live paycheck to paycheck You keep saying this without explaining how that can possibly be true
- s1artibartfast 4y agoPaycheck might be 50k a month - Spent 401k, RSUs, capital gains on investments might be another 50K - Saved.
- stripline 4y agoLiving "paycheck to paycheck" implies that if you miss a single paycheck (due to losing you job) then you'll no longer be able to make ends meet. If you have any savings or emergency fund built up, then you could conceivably quit/lose your job and continue paying your bills for some time, even if you had previously been spending your entire paycheck.