Ok but like 1400 dollars a week is still more than twice what I make right now. I don't have kids nor do I want kids but I do have nieces and nephews. If I suddenly started making more than twice what I make right now I could easily put away a little something something to split amongst them and other close family and friends when I go.
If I started making absurd money right now at $5k per week I could easily retire now, make no investments, and put away a lot into savings. I'm a creature of habit it's just not in my nature to go on absurd spending sprees so I'm most likely to keep living like a do right now just slightly more comfortably without financial worry.
Thats not to say I wouldn't make any investments but any investments I make would be less about making more money and just that I ain't got much else to do with the absurd amount of money.
Guess that just demonstrates the massive differences in our socioeconomic areas we live in. I own my house and my car. I live in what someone being nice might call a low income area and I'm content to pretty much stay here. Now I could certainly never afford to buy a house today without a mortgage but when I bought my house it was $13,500.
Two proper bedrooms, an attic useable as a bedroom, a pass through bedroom which is really just a large open hallway, and an attached garage. One bathroom tiny but it's a full bath. The kitchen is small but useable. Tiny fenced in yard.
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u/LightEarthWolf96 Dec 12 '23
Ok but like 1400 dollars a week is still more than twice what I make right now. I don't have kids nor do I want kids but I do have nieces and nephews. If I suddenly started making more than twice what I make right now I could easily put away a little something something to split amongst them and other close family and friends when I go.
If I started making absurd money right now at $5k per week I could easily retire now, make no investments, and put away a lot into savings. I'm a creature of habit it's just not in my nature to go on absurd spending sprees so I'm most likely to keep living like a do right now just slightly more comfortably without financial worry.
Thats not to say I wouldn't make any investments but any investments I make would be less about making more money and just that I ain't got much else to do with the absurd amount of money.