Does $100k/year sound like a lot of income, to you?
Discussion
No
Yeah, me neither.
It was in the 90’s though
My ex was making €100k back in the 90s. It didn't seem like much. Nicer car and appartment, basically.
Excersizing his stock options at the top of the market was a rainmaker, tho.
Property>>>>Income
$250k sounds like a lot, to me.
Not a lot
No, but I can make it work/last.
We scraped by on $50k for 4 people. It's doable, but you end up on a beans-n-rice diet and wash your clothes at the laundrymat. It's okay.
Ya, quite a lot of corners to cut and sacrifices to be made. That's enough motivation to keep aiming for more.
Taught me to work hard, yes.
I think it's unwise for men to keep their wives that poor for very long, tho. Unless she's ugly. LOL
Not at all and I've never made anything near that. But I also think $1m isn't a lot of money either.
My friend's and I have decided, from our experience (mostly theirs) about $250-350k is a healthy range for a single income and keeps the feds away. It's also possible to make that without really getting into shuffling money everywhere all the time.
Yeah $250k+ would impress me.
I know so many people making more and they just have normie jobs, like accountants and engineers and chemists.
I don't know any of those but I'll take your word for it. Maybe people in their 50s I could point to. But they had 30 years of making much less than that. By the time I'm 50 I want wayyyyy more than that, or that much completely passive.
Last year? Yes.
This year? Less so.
In five years? No.
Depends on the Country you live in 🌎
It depends on the geo location I'm at. Currently yes. It's a lot.
Depends on debt. $100k with a car payment and a mortgage is scraping by, nevermind sending kids to college. $100k debt free is living large.
Nope
Yes. That’s more than double my current annual income, and honestly making more money is exactly what I need right now. I’m sure eventually it wouldn’t sound like a lot, and I suppose in the grand scheme of society and money it’s not truly a large amount, however I believe this to be a subjective view based on your current circumstances. To someone who doesn’t make much, 100k is a dream.
It’s a LOT to me and to any living here in Argentina.
I’m one of the lucky ones and I earn about 15.000/25.000/year. Is you make 100k here you are top 0.5% of population.
I wish one day we can make that. For now, I’m struggling to get some sats
Depending on where you live, $100k is barely enough to ante up to the table, especially if you're trying to support a family just on that income.
Can barely rent a decent townhouse in a not-crappy neighborhood, on that income, around here.
In the US, as long as you're not in a coastal elite city, you could probably buy a house and raise kids in a lower-middle-class lifestyle on that. You'd have to be careful with the budget.
Brutal, out there.
Were the same over here. High taxes, expensive land. $150k combined is pennies. Barely pays the insane mortgage on people's $500k 1000sqft starter home and utilities XD
It's x2 my salary 🫠
Does this income maker live in San Francisco, Switzerland, Argentina, or Turkey?
Money is digital there's no sound.
It's literally just dollars
Yes
I'm living a modest life. So, yes!
Depends on where you live. Check your privilege. 🙂🫂
It was a big deal in the 80s and 90s
USD?
Depends on what city/region/country you live in.
To some it is a lot, to others it is not.
What purchasing power does it give you relative to your needs (not to be confused with wants)?
How many sats does it allow you to stack?
In general— it isn’t a lot given the fact the purchasing power is being stolen out of the ass pocket of every fiat earner via theftflation and endless backed by nothing printing it ain’t funny money.
A lot? No. But comfortable for an individual? Yes.
Depends solely on lifestyle. Some people like to live lavishly and spend more then they need, for those, $100K will seem like nothing
Some can live a simple life and be content with everything they have, for those, they’d be grateful for100K
Yes
It depends on what your doing for the 100k
Time
———
Money
Ain't bad unless you're in a city somewhere.
I am not American so yes
This was an incredible post to read through the replies. Very interesting ⚡️
Most of the middle class people in the world live on maybe half of that, really depends on where you live.
Is it "a lot"? Dunno, maybe. If you start competing with the Joneses, nothing will suffice.
when its passive, its not bad
yes
Not any more.
In 1983