Financial Independence Were people actually happy for you when they found out you’re richer than they thought? |
- Were people actually happy for you when they found out you’re richer than they thought?
- I’m fine don’t worry.
- 3-4 months off: what would you do?
- How Much Do You Earn?
- Daily FI discussion thread - November 23, 2018
- How did you transition your friendships?
- Curious on if you can do this?
- Weekly FI Frugal Friday thread - November 23, 2018
- Retiring in a foreign country?
- Purchase Gratification
- Some people can help?
- Hey guys! I’m young and listening to what you have to say
| Were people actually happy for you when they found out you’re richer than they thought? Posted: 23 Nov 2018 09:32 AM PST My immediate family were very proud and I guess relieved that they don't have to worry about me and I'll be ok if anything happens. My friends weren't happy. (Of course they verbally said they were) I can feel that they're jealous in the little comments that slip through and they probably think I don't deserve it. (They have higher academic degrees and has more prestigious jobs, why should I be making/keeping this much money?) What has been your experience? [link] [comments]  |
| Posted: 22 Nov 2018 05:58 PM PST So while I don't have as much as some people here, I'm still doing pretty well for myself. However not many people in real life know this. I was recently laid off, no big deal. I saw this coming and look forward to my unpaid, impromptu sabbatical. I'm planning to the take the time to do some travel that I've want to do, but haven't had the time to. Well today at Thanksgiving dinner this came out. Most people where like OMG, that sucks. People of course had advice, and my uncle was telling me that I should rent out a couple of rooms to help pay the mortgage. I don't want people to know my financial status, but I've tried telling them I am fine. My parents were kind of upset that I didn't tell them sooner, but the reason I didn't is becuase I didn't want them to worry. Anyway I thought folks here could relate. [link] [comments]  |
| 3-4 months off: what would you do? Posted: 23 Nov 2018 11:33 AM PST I'm 27, in technology in HCOL city. I have about 165k NW, 20k liquid. I plan to put another 10-15 or so away prior to a March 1 departure (flexible). I'm at 2.5 years into current role and starting to think about next role. As I've started to take interviews, cant shake feeling that I want a break to decompress, backpack for a few weeks, spend time with family, road trip to see friends, ski, read a ton of books, etc. I'd like to hear from people who took a sabbatical - how long, and how'd it go? How did you handle the topics to your next employer? Recommendations? [link] [comments]  |
| Posted: 23 Nov 2018 01:03 PM PST So we always see these posts about how friends or family reacted to your wealth, or how you changed when you because wealthy, etc etc etc So... How much do you actually earn and what do you do for a day job? Use a throw away, let's hear it! [link] [comments]  |
| Daily FI discussion thread - November 23, 2018 Posted: 23 Nov 2018 03:08 AM PST Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. [link] [comments]  |
| How did you transition your friendships? Posted: 23 Nov 2018 09:57 AM PST Husband and I are newly committed to FIRE. We we're already pretty frugal and minimalist, so the biggest expense we've cut has been going out with friends. We're trying to get people to come over for dinner more often (our fav anyway) but there are times when we opt out of group events because we don't want to pay for taxis, tickets, and dinner, or whatever the fun thing is. And it just kills me to say "we didn't want to spend $30 to get a cab to the free concert." [True story] So, I'm just curious to see if others had to think about adapting your friendships to fit in the FIRE lifestyle. [link] [comments]  |
| Curious on if you can do this? Posted: 23 Nov 2018 03:05 PM PST I have a great 9 to 5 working for an endowment fund, and was curious on the tax benefits if I were to start my own business, and take the tax write offs. I am interested in creating a business around my interests and take as much of the tax write offs as I can (my apartment rent, cell phones, taking client out, going to different location, etc). Am I able to write off against my income from my 9-5? I plan on going going to a tax adviser, but would like a general idea on this. [link] [comments]  |
| Weekly FI Frugal Friday thread - November 23, 2018 Posted: 23 Nov 2018 03:08 AM PST Please use this thread to discuss how amazingly cheap you are. How do you keep your costs low? How do become frugal without taking it to the extremes of frupidity? What costs have you realized could be cut from your life without pain? Use this weekly post to discuss Frugality in general. While the Rules for posting questions on the basics of personal finance/investing topics are more relaxed here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. [link] [comments]  |
| Retiring in a foreign country? Posted: 23 Nov 2018 02:44 PM PST I heard some people leave America to go retire in places like Thailand where cost of living is as low as 300 USD a month or something like that. Anybody in this sub retired in a foreign country? What places would you recommend? [link] [comments]  |
| Posted: 23 Nov 2018 10:52 AM PST Like many others in this sub, I'm sure money isn't an issue when you have things you want to buy for hobbies and fun. I've come up with my own way of figuring out if I truly want an item or not. Instead of thinking if my money is worth a new purchase, I now ask myself if my time is worth the new purchase. My time is much more valuable than my money! Example: I have 2 things currently on my list, a piano and a bike for weekend cruising. If I want to buy the piano (only a $200 keyboard), I made a rule that I will need to build a new desk for it myself before I can buy it. As for a bike, my rule is to de-clutter the garage, and install new shelving so that I would have room for it. It doesn't seem like too much, but helps with just jumping from purchase to purchase. This has helped me figure out if I should be making purchases or not, and has helped me from buying a lot of things that I wouldn't consider worth my time anymore, even small things. Does anyone else have ways that help make their purchases more gratifying, other than just forcing themselves not to buy anything? [link] [comments]  |
| Posted: 23 Nov 2018 02:04 PM PST Hello my friends, please do not be prejudiced with me, perhaps many of you do not understand the misfortune in which my country is living. but there are people starving here, really, a lot of people are fleeing to the neighboring countries. The minimum wage here is miserable there is no prediction of improvement, there are no jobs for the people, the rates of suicide increased drastically. The minimum wage is about $ 6 to $ 10 per month. And you can not buy food for yourself and your family and also pay for transportation and not to mention basic things like electricity, water and electricity. It takes at least $ 20 to $ 30 a month for you to pay for food and transportation to college. I really need you to tell me some game in which I might be earning some monthly income equivalent to at least 20USD. I could dedicate myself daily after my studies to be helping to buy food for me and my family. And if any of you can help me, I would very much like this year in my Christmas to have some decent food on my table and not just apples and onions and tomato juice as it is every day, I would eat a chicken or something different, if you can send something to me I would greatly appreciate it! I am seriously thinking about escaping to Brazil, I hear a lot about the violence and corruption of this country, but I believe it is a viable option for us Venezuelans who are suffering so much! Please, anyone who can give me any tips on some MMORPG or any website that I am getting this monthly amount know that you will be helping great !. (Obs: Sorry my english, we do not learn English in Venezuelan public schools, what I write is what I learned in online [link] [comments]  |
| Hey guys! I’m young and listening to what you have to say Posted: 23 Nov 2018 01:47 PM PST I'm 17 years old, and I've purchased everything I need, meaning all my money will be directly towards savings. I have a fast food job and I'm currently saving up for an investment into a ROTH IRA, do you guys have any tips on mistakes you made when you were younger, or how I should begin? [link] [comments]  |
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