Seeing a lot of posts about NW, however, the journey for Indians who moved to the US comes with its own challenges and opportunities. Would love to see how we are doing and understand what’s working well to learn from each other. Let’s use this format: Age, Gender, Net Worth in USD, Location, TC, to...Read more
TLDR; is 8k ridiculous for an engagement ring? I’m not a showy person by any means - we regularly go car camping (sleeping in his car), love being in nature, and I still drive my 15+ year old Honda. I consider myself a minimalist (I don’t buy junk I don’t need) and am overall a pretty frugal person...Read more
What happened to this post? It was a pretty high engagement post here. Curious what the conclusion was. EDIT: Not my original post. I just saw it as a very active thread on this Personal Finance forum this work week. But don’t see it anymore.
This applies for people working in established companies. If you have to choose between 40k RSU with 10k vest a year vs 10k increase in base, you should pick RSU every time. The reason being that if you were to get laid off, it is likely that you get the vest RSU up front. With the higher base pay...Read more
Hello Iam 25 yrs old. First job. Living in bay area. Iam saving 4500$ every month. Iam single. Is this a good target? My base is 150. Currently not investing because i believe market will crash sometime this year..but thats regardless. Tc 188 , sde3
We are a DINK with monthly expense of 11k and settled in MCOL . This includes our mortgages and auto loans which combined is around 6k . Is this too high?? Genuine responses please 🙏 Combined TC approx 500k
Unfortunately going through a divorce.. The Opposites party is arguing RSUs/Options should be considered as income for child support. That's giving a ridiculous number on child support amount when using guidelines calculator (more than my gross pay per month). My challenge is I cannot sell RSU rig...Read more
So Citibank decided to “simplify” my banking by removing one of the conditions to qualify for a free account. I’m looking for another bank that won’t screw me over. Ideally - no monthly fees - don’t require direct deposit - earns interest (if available) - a financially sound company Any recomme...Read more
Model 3 is too expensive but is my dream car. Can I afford it? My tc is $400k
I am a 39 year old hardware engineer, PhD from a top 10 school. My annual TC is 650k (before tax of course). My wife is not working at the moment. Current net worth: slightly over 2M which consists of Home equity: 1.2M 401K: 520k Stock: 160k CD: 350k Bank saving account: 50k We are both single chi...Read more
i don't want to work a 9-5 anymore after studying and grinding my whole life like everybody here, these are my stats can i take a chill few years and exit the rat race? age 30 1.8M NW mortgage + housing expenses is 4k/mo food + other stuff is 2k/mo my small businesses generate anywhere from 5k to...Read more
Just thinking If I were to open a cult in the silicon valley what would be the most successful one. TC: $1.4M
If I fire right now, how much should I try to live on? Should I re-evaluate SWR every year? NW $3M Age 42 No property (75% invested in VTI)
I’m looking to get an Amex plat with the 150k sign up bonus. If anyone has one can they send me a referral? Thanks
I want to FIRE. I feel like 2.5M for supporting just myself and half the household costs is a good number. I've never spent more than 55K a year so that # feels like a lot with a 3% SWR and factoring in healthcare (I live in VHCOL). How much did your annual budget increase after having kids? I ide...Read more
Work life balance went to shit in the past few months. At what net worth can i say fuck it and just quit? I will probably slowly try to find another job in the next 5 years. Im 28 and plan to have two kids in LCOL. TC 650k 5 yoe NW 1.5M
Apparently Dave Ramsey advises against overfunding 529 because college bubble will burst and they'll have to "come home to roost". He advises no more than $20k in 529. But he's been saying a lot of silly things lately - cognitive decline due to age, perhaps? Personally, I'd rather overfund than un...Read more
This is Bay Area. We have a townhome in a nice but bellow 5 school area. Bought 3 years ago. Mortgage is at 2.5% interest. Monthly cost is about 4700, between mortgage, taxes and insurance. Other liquid assets: 200k in CDs and cash, 800K in personal investment accounts. HH TC: 950k but only 450 i...Read more
Looking for suggestions for an expense tracking android app which is free of cost to use. Bonus if it can directly pull data from all the credit cards rather than have to manually put the expense to record it. However it should also have the option to manually overwrite the expenses since in some ca...Read more
All the single people out there, what’s your monthly total expenses looking like? Others feel free to add but mention the number of people in the household. Mine : 6k$ I’m afraid I might be over spending.
https://finance.yahoo.com/news/kroger-albertsons-amend-asset-sale-124043739.html?guccounter=1