Getting rich is really hard man

[Oeshon]

How many hours do you spend working these days?

5-20 per week

 

[IanMoone]

Most people stay roughly the same wealth wise, very few get rich during their lives, the majority of the rich are born into it.

Don't sweat it so much and enjoy life.

Nope. 88% of millionaires are self made. source: https://money.usnews.com/money/blogs/on-retirement/articles/7-myths-about-millionaires

 

[Garnet_StrongerThanYou]

5-20 per week

Are you Asian?

You remind me of the new stream of supersmart Asian entrepreneurs who are taking over Toronto.

Guys have way too much money.

 

[K-Bag]

You sound poor.

 

[Phlog]

Nope. 88% of millionaires are self made. source: https://money.usnews.com/money/blogs/on-retirement/articles/7-myths-about-millionaires

Yeah, I already admitted to someone else they were right about that.

 

[SalvadorAllende]

So eat more fruit and veggies

Oh.. TS is also fat?

 

[90 50]

Having a kid is what fucked you.

Having a kid with someone he can’t get along with and having to pay child support is what screwed him.

 

[Midnighter]

Having a kid with someone he can’t get along with and having to pay child support is what screwed him.

Either way it costs a lot to take care of a kid.

 

[90 50]

You don't make 130k and post these kind of threads - especially the one you were complaining about no more fully subsidized university tuition and now complain about taxes taking half your income. It's antithetical

His rent is 2500 a month and “half his income” according to him.

That’s not 130k a year on anyone’s calculator, more like 60-65k year

 

[Danger Dave]

new yorkers whine about a $4000 a month apartment.

i guess i am poor.

 

[GearSolidMetal]

Don't listen to him... buy an American car. They are the best.

<45><Lmaoo><45>
<45><Lmaoo><45>



Good one.

 

[Gandulf]

TS i listened to my coworkers and managers for years talking about how broke they are and they would go spend $10 on a pizza and $5 on a coffee every day.

meanwhile i eat the jackinthebox 2 for 99 cent tacos for lunch.

shit i forgot to mention their $5 smoke breaks

priorities and poor people do poor people things

 

[Bacco]

move to Slovenia

 

[Jack Stevonovich]

The key thing with making more money is once you have an active income source like a business, and it's developed to a point where pouring additional money would yield limited growth, that's when you start diversifying.

this

 

[all caps]

Chasing money is a losing endeavor and a trap

 

[Garnet_StrongerThanYou]

His rent is 2500 a month and “half his income” according to him.

That’s not 130k a year on anyone’s calculator, more like 60-65k year

I pay taxes you idiot. Half my income goes to taxes. Are you too young to work?

And that’s my biweekly mortgage, condo fees and property taxes.

$2500 a month for a 2 bedroom condo with a den in Toronto. Mortgage of $428,000.

Houses are a million bucks here starting

 

[90 50]

In Canada half our income goes to taxes. My mortgage for my place is 428000, I pay $2500 a month just to live in my condo. That’s more than Half my income already. My kid eats a lot too. I’m 30 now. I just can’t get ahead.

I pay taxes you idiot. Half my income goes to taxes. Are you too young to work?

And that’s my biweekly mortgage, condo fees and property taxes.

$2500 a month for a 2 bedroom condo with a den in Toronto. Mortgage of $428,000.

Houses are a million bucks here starting

I quoted you , so you understand what you wrote.

“I pay 2500 a month on my condo, that’s half my income already”

You wrote it not me.

Who’s an idiot?

Not me

 

[DoctorTaco]

Wealth is about your debt to income ratio. Making 10k a month doesn’t matter If 7k of it is spoken for each month.

Pay off your debts, own the car you drive and live like a king

 

[Garnet_StrongerThanYou]

I quoted you , so you understand what you wrote.

“I pay 2500 a month on my condo, that’s half my income already”

You wrote it not me.

Who’s an idiot?

Not me

Didn’t mean to call you an idiot.

I meant my post tax income I should have been clear.

I’m a bit on edge as you can see I’m stressed.

 

[aerius]

Federal income tax rate at 130k is 26% and Ontario provincial is 11.16%.

And 13 percent HST on everything you buy.

Over 50 percent. Not to mention deductions for health insurance and all thet

And that's why you're poor, you can't do math and don't understand finance. For GST to be 13% of your income, you need to spend your entire fucking income, which you can't do because roughly 30% of it in your case gets taxed away by the government before you even see it. Plus you don't how the fuck tax brackets work, you only get dinged at 26% and 11.16% for the amount that's over ~$90k, the rest of it is taxed at a significantly lower rate. This is why you're crying about money all the time and why I owned my home free & clear 10 years ago when I was your age.