Guy makes $160,000 and barely making it month to month...

I'd be asking management for work-from-home position. Then move to small town usa. Then if i'm required to attend face-to-face meetings I'd be on expense account :cool:
 
Yeah, so door to door we are talking an hour and a half. If you are averaging 11-12 hour workdays, it's pretty detrimental.

Finally someone who works less than 16 hours/Day... Pretty rare.:D

Just for comparison, I live in rural Switzerland 15 min from Lausanne and 1 hour from Geneva. I pay 2400 chf for rent. 2 bedrooms. 110m2( convert in square feet ).
 
I could certainly live ok in San Francisco on $160,000 (as a single person with pretty small living expenses, by comparison with many, even in one of the world's most expensive cities), but after accommodation-costs, all taxes and all other bills, it's by no means a fortune, these days. A reasonable living, yes ... but I'm sure not "very high income" for someone with a spouse and three children to support, a couple of cars to run, the occasional vacation and so on ...
 
There's a huge difference between $200k earned as an employee and $200k earned as a business person.

Business person has all the tax writeoffs that can potentially take tax liability into the low single figures or even zero. Where the 16 hr day wage slave earning the same $200k is only getting around 50% depending.

This book changed my life and i strongly reccomend it. Particullarly to young people who can design their lives from scratch. It can be done later in life, but is more difficult

 
Finally someone who works less than 16 hours/Day... Pretty rare.:D

Just for comparison, I live in rural Switzerland 15 min from Lausanne and 1 hour from Geneva. I pay 2400 chf for rent. 2 bedrooms. 110m2( convert in square feet ).

Plus in Switzerland it should be net surface, in the US and many other countries it's gross, so 100sqm house is probably around 110 115sqm in the US or HK, and a 100sqm condo can become 140sqm in a residence with large collective grounds (that's assuming it's calculated the same in US as in Greater China )
Still it is not cheap by rural european standards, buy yes, that's Switzerland.
 
Just for comparison, I live in rural Switzerland 15 min from Lausanne and 1 hour from Geneva. I pay 2400 chf for rent. 2 bedrooms. 110m2( convert in square feet ).
You also have fantastic mountains at your doorsteps. I hate you just a tiny bit :)
 
You also have fantastic mountains at your doorsteps. I hate you just a tiny bit :)


Lol ! I read Tradator's post and started thinking of moving (back) to Switzerland, yes, great area.
 
Very simple, rent for a few years and save up. What's so difficult?

Wait, what? Let's ignore yours truly and everyone else who works in finance. An average human that makes 150k in base salary would probably be taking home 160-175 total per year. How do you propose that person pay for a 600k house in cash? This, of course, assumes that they are buying said house before they hit 50.

Unless you implying that they have no business buying an expensive house like that? Probably true, but living around here that's kinda the going price for a house, I think.
 
EXACTLY. what's wrong with working the butt off and building a career during that time and living a frugal life? In most parts of the world that is precisely what people do.

Back of envelope calcs say that's approx 10 years to buy in cash.

Now that you've stated your opinion, are you going to lecture us on your stance on abortion and/or gay marriage?

Seriously, your opinions are valid but you have to take a moral bent on everything.
 
Hmmm. $160,000 a year and just scraping by....wonder what those expenses must be beside paying over $3000++ a month for a small 1 bedroom apartment in San Francisco....




A Twitter employee speaking on the condition of anonymity told The Guardian he's scraping by on a base salary of $160,000. The employee is in his early 40s, lives in San Francisco, and has had to borrow money in the past to "make it through the month," The Guardian reports.


https://www.yahoo.com/finance/news/twitter-employee-making-160-000-193700556.html

I know!

Cocaine & hookers or boys.
 
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