Quote:
Originally Posted by de4df1sh
Because my household nets out about 50-60k a year and ee only spend maybe 25-30k a year and that's including discretionary spending
Quote:
Originally Posted by Soner
You are clearly stating here that your investments/savings per month is less than a $100.
Quote:
Originally Posted by de4df1sh
This depends on how you classify savings.
If money injected into my poker bankroll is considered savings then that number goes way up
i'm confused about this as well. If you were living below your means as you stated then you should be putting about $2k/month into savings. So $100 doesn't really jive with that. Either you are spending more money than you think or earning less than you think. You shouldn't have to inject anything into your bankroll unless you are moving up.
Anyways, de4df1sh isn't anywhere close to as big of a life nit as my siblings. When I asked my 2nd oldest brother what he thought of me buying my first house (2700 sf, 2 years old, $120,000) he told me he didn't believe in spending more than $100k for a house.
My 3rd oldest brother bought his first house for $24,000. He spent a couple thousand on lifting the house and it would have cost a bit more to rebuild the plumbing but he didn't want to pay that extra cost so he just taught himself plumbing and fixed it himself (while taking showers at his neighbors house). He was already making six figures straight out of college so it's not like these were costs he couldn't have paid for. Oh, and he rented the other bedroom in his house for $400/mo so the house was more than paying for itself.
My brothers are super cheap but they also enjoy things that don't cost much. IE they all like backpacking and national parks and climbing mountains etc. I bought a 65in TV in 2002 for $3000. By 2007, with 3 of my siblings making 6 figures a year, still none of them had a TV larger than 13 inches ..because they are cheap and because they aren't much into watching TV.
Last edited by Dream Crusher; 05-26-2016 at 01:43 AM.