Is 110k a year enough?

This. based and frugal pilled

To be middle class? Yes.

Middle class stay middle class because they have most of their net worth tied up in possessions, cars and house.
The rich have most of their net worth in assets.

It's enough to buy my car.

Sure, but a good salary like that takes decades to build up into a non-negligible amount of income generating assets. Live like a monk, save 2/3 of your take home, and you only get like $500k/decade.

People on normal salaries still find a way to get new cars, every new iphone when it comes out, new TVs, eat out all the time.
You don't need to live like a monk if you live in America.

I'm in bongland, the pay is shit, taxes suck ass, FTSE goes nowhere, cost of living is high.
BUT WE'RE STILL GOING TO MAKE IT user ME AND YOU

This. 110k in OKC as a single guy youre living the high life. 110k in NYC with kids? You’re fucking poor.

>Is 110k a year enough?

In Cousinfuck, Alabama you're a king.

In SF or NYC you're living in the ghetto.

>I'm in bongland
You have my sincere condolences.

>the middle class have their worth in possessions
>the wealthy have it in assets

possessions are assets you mongoloid.

>possessions are assets you mongoloid.
An asset is something that gives you a return.

Most of the time you don't own a possession it owns you, they get old and need replacing, or they break. Your shitty possessions don't give you a return they're a liability.

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>Dubs having been unchecked this long

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appreciable asset he meant

I make that much
I'm rich you faggots

Have you ever even seen this movie? The main character's salary was far more than that, and he only did the job to "fit in". He was so rich that he didn't even need to work.

Your iPhone is not an asset. And the moment you drove your sedan off the lot, it wasnt either.

Depends on how much you are losing to taxes. If you are smart, you would start a LLC and have your wages go into that LLC and get it taxed as a S-corp.

I'm in Ireland earning 115k and it's not enough due to tax. It'd be years before I retired so crypto unironically is my way out.

Apologies brother. Consider moving to Canada, it beats the homeland by a mile. The weather won't make you want to kill yourself anyway

£130k in the UK
Do not fel rich, live modestly, save about 40% after tax for investing into shit to hopefully retire before 50.

But they have snow 6 months a year!

I hear snow is cold, too.

Not comfy unless you live something where it is cheap and taxes aren't that big.

Apologies for derailing, but what's Jow Forums's consensus on this movie? New here and I rewatched it a week ago since I (barely) understand it now, it's breddy gud imo.

>Is 110k a year enough?
no, need at least 200k

If you're single, you'll live like a king

If family in NY, CA, good luck

How do I 111K a year ?

What's the fucking point in that situation? I make $150k in Atlanta but I'm lonely af.

how old was Jow Forums when they first made 100k a year. I feel like im behind

29

first job out of school at 22

bay area is a helluva drug

18 to 26 - still in school
26 - $60k
27 - $138k
28 - $149k
29 - $152k

24 self employed

Fuck off were full