Getting rich is really hard man

Well if you make 100k you pay almost 50k intaxes and if you’re a family on disabiliTy you can get 40k in benefits.

So it’s all kind of a wash unless you get rich Which is what I want
 
SalvadorAllende said:
Different places I guess.

In Argentina with 100k per year you are filthy rich.. really really filthy. Like Fuck You rich... banging models, etc.


Still TS.. I would not pursue money that much. You will end up rich but being pathetic as fuck. Try to enjoy life. 30 years old is a great age and you should be more focused on your child instead of wanting expensive cars and houses to compensate for your small penis.
Click to expand...

My dick isn’t small. But it doesn’t get as hard as it used to with all the stress and anxiety.

And most of my money goes to my kid anyway.
 
My advice to you is save a bit, and don’t worry about a new BMW. Get one that is used and in good condition. New cars are overpriced anyways. And you are doing fine for 30. Just keep on going and you may get there some day.
 
Midnighter said:
Having a kid is what fucked you.
Click to expand...
Having a kid with a woman he wasn't going to stay with is what fucked him. If he and the chick were still together, the cost of the kid would be offset by the girl's income.
 
You set the bar too high, next time just aim for being hood rich.

9f7f8f29296f4e8f9d1e2ddeb2837d36.jpg
 
So here's how you fix your situation:

Stop thinking about buying BMW's. Get an inexpensive, reliable car instead. The cost of the car isn't what fucks you, it's the cost of the maintenance. So get a low maintenance vehicle.

Get rid of the condo. Buy a multi-unit. In the real estate game, you measure success by the number of units you own. A single condo will never make you rich because you don't get enough spread on the rent vs. the mortgage. Get a duplex or a triplex instead. Then when you buy new property, stick with multi-units. Eventually, if you stick with that model and time your re-fis properly, you'll eventually get there. Also make sure you invest your profits in the market.
 
panamaican said:
Having a kid with a woman he wasn't going to stay with is what fucked him. If he and the chick were still together, the cost of the kid would be offset by the girl's income.
Click to expand...

A lot of my friends don’t even have kids or wives and they’re my age and live with their parents and are working part time at the apple store or delivering packages.

I don’t know if the failed relationship was that instrumental.

Then again, those guys don’t even dream of being rich and I do.
 
Garnet_StrongerThanYou said:
My dick isn’t small. But it doesn’t get as hard as it used to with all the stress and anxiety.

And most of my money goes to my kid anyway.
Click to expand...
People have way worse problem that you but you come here to cry about not being able to by a brand new BMW? Fuck off.

You are just bitching.

You will keep bitching even if you had a Rolls Royce
 
SalvadorAllende said:
People have way worse problem that you but you come here to cry about not being able to by a brand new BMW? Fuck off.

You are just bitching.

You will keep bitching even if you had a Rolls Royce
Click to expand...

Will you please buy me a new bmw good sir.

Telling me to suck it up reminds me of my grandpa.

For the record. I’m not lazy I work really really hard.
 
Garnet_StrongerThanYou said:
A lot of my friends don’t even have kids or wives and they’re my age and live with their parents and are working part time at the apple store or delivering packages.

I don’t know if the failed relationship was that instrumental.

Then again, those guys don’t even dream of being rich and I do.
Click to expand...

Your ex most definitely is instrumental.

Look, you only have a certain number of hours per week you can work (If you run a business you can ultimately hire people and leverage their hours too, but let's start off small).

The highest value you can get for those hours is either in sales or in a specialized skill (ie: low supply/high demand). You are already in the sales part with high value product so it isn't that easy in the short term to push your earnings higher unless you can make more for yourself by being and independent mortgage broker or something similar.

That means the lowest hanging fruit for you is on the savings side. Remember that every discretionary dollar you spend is two dollars that you had to earn. Additionally, every dollar you spend today is about ten dollars that you won't have in retirement. Where earning takes risk taking and determination, savings takes discipline and consistency. Not everyone can manage both sets of character traits.

Right now it sounds like you are spending a ton of cash that isn't making you any money; probably because you want to feel wealthy today, instead of building net worth over time. If you had been more careful or fortunate with your choice of spouse maybe you could be collaborating financially (because some investments are hard to make by yourself) or one could take a stable income while the other takes on more financial risk. Your overall costs would have been lower because half of a couple is cheaper than two separate individuals. For sure your child care dollars would probably be fewer.

I would also be willing to bet that you are spending more on lifestyle, housing, and car than you need to.

In Toronto, you want to accumulate about $3-4M before spending too much. When you have that amount in assets, you can spend around $100k of it per year indefinitely and you can freely live your life within that limit. Prior to that your assets won't earn enough to support your desired lifestyle so you will drawn down your principal over time.
 
Garnet_StrongerThanYou said:
Will you please buy me a new bmw good sir.

Telling me to suck it up reminds me of my grandpa.

For the record. I’m not lazy I work really really hard.
Click to expand...
First of all stop with the victim mindset. "oh, I work really really hard". News: A lot of people do.

You are 30 years old with a career, a house, a car and a kid that does not need a salty crybaby as a father.

Spoiler alert: Money will not make you happy

And I'm not against having ambitions, but you are doing everything wrong.
 
Garnet_StrongerThanYou said:
30 years old.

I’m working my ass off out here and can’t get comfortable to save my life.

I’m a hardworking talented mortgage advisor in Toronto. Will make around $130,000 this year Canadian. That isn’t even 100k USD this year but I’m outperforming the rest of my team.

Own one condo I’m renting out and the other one I live in.

Gotta pay child support my ex and support my kid.

Can’t afford a house in this city because they are starting at 1 million.

Can’t afford a new BMW because half my income goes to taxes.

Most Canadians are surviving on a lot less money.

It’s just hard to make it in this city. Canadian doctors and lawyers don’t even make a huge amount of money on average.

I want a lake-house overviewing the water and other nice things. I’m willing to work hard and sacrifice. Just don’t know how.

Just a regular prick trying to make it.
Click to expand...

You just said the magic words. Ex and kid.
 
Sorry, but you're not going to get rich anytime soon with that income in a high taxed country and high cost of living with the mindset of wanting all these 'nice' things that in actuality is meaningless. Part of the problem lies with your perception/belieft on what money can bring you. Even if you made double or triple that, chances are you will still never be 'rich' if you are trying to keep up with the Joneses.
 
Garnet_StrongerThanYou said:
A lot of my friends don’t even have kids or wives and they’re my age and live with their parents and are working part time at the apple store or delivering packages.

I don’t know if the failed relationship was that instrumental.

Then again, those guys don’t even dream of being rich and I do.
Click to expand...
I wasn't commenting on your friends' choices, I'm sure they've got different mistakes. I was just pointing out that having a kid isn't the financial weight, it's having the kid with someone where you can't share the costs, particularly the cost of habitation, that turns the kid into financial deadweight.
 
Live in Afghanistan you'll have a better life there.
 
Garnet_StrongerThanYou said:
30 years old.

I’m working my ass off out here and can’t get comfortable to save my life.

I’m a hardworking talented mortgage advisor in Toronto. Will make around $130,000 this year Canadian. That isn’t even 100k USD this year but I’m outperforming the rest of my team.

Own one condo I’m renting out and the other one I live in.

Gotta pay child support my ex and support my kid.

Can’t afford a house in this city because they are starting at 1 million.

Can’t afford a new BMW because half my income goes to taxes.

Most Canadians are surviving on a lot less money.

It’s just hard to make it in this city. Canadian doctors and lawyers don’t even make a huge amount of money on average.

I want a lake-house overviewing the water and other nice things. I’m willing to work hard and sacrifice. Just don’t know how.

Just a regular prick trying to make it.
Click to expand...
That is what socialist economic policies (i.e., high taxes to pay for government spending programs) will do to your nation's economy. It reduces opportunities. This is a rule without exception.
 
Garnet_StrongerThanYou said:
30 years old.

I’m working my ass off out here and can’t get comfortable to save my life.

I’m a hardworking talented mortgage advisor in Toronto. Will make around $130,000 this year Canadian. That isn’t even 100k USD this year but I’m outperforming the rest of my team.

Own one condo I’m renting out and the other one I live in.

Gotta pay child support my ex and support my kid.

Can’t afford a house in this city because they are starting at 1 million.

Can’t afford a new BMW because half my income goes to taxes.

Most Canadians are surviving on a lot less money.

It’s just hard to make it in this city. Canadian doctors and lawyers don’t even make a huge amount of money on average.

I want a lake-house overviewing the water and other nice things. I’m willing to work hard and sacrifice. Just don’t know how.

Just a regular prick trying to make it.
Click to expand...

Where I live people are happy if they earn 10,000$ a year.
But yeah... prices are very different. Eating is very cheap. Rent too.
By our standards you are VERY rich.

GearSolidMetal said:
So, get a Lexus.

They don't need major repairs within 100K miles.
Click to expand...

Don't listen to him... buy an American car. They are the best.
 
You must log in or register to reply here.

Latest posts

Forum statistics

Threads
1,280,957
Messages
58,330,944
Members
176,002
Latest member
Shock7

Share this page

Back
Top