Being a millennial myself, its really embarrassing a lot of people in my age group are actually this fucking dumb when it comes to SIMPLE personal finance and they would rather blow away all their money on expensive holidays and hedonistic pleasures because #YOLO. And then they get all mad and whine about how its all the governments and corporations fault they didn't save enough for retirement
The fuck is the point of money if you don't enjoy it?
>>1101060
Enjoy it for the long term, forever, instead of enjoying it for a week and then be miserable.
>>1101051
I'd rather travel the world in my twenties and have lots of experiences and memories to look back on, you could die at any moment.
>>1101065
>forever
lel
I rather buy 80 gold chains and go ig'nant
>>1101071
Enjoy working retail the rest of your life.
I'm sure everyone will be super interested to hear your stories while you ring up their groceries.
>>1101060
/biz/ autists take pride in muh frugality in hopes to have 1 million dollar as a decrepid old man with cancer (and they will lose it all on the treatment)
Le r/wrong generation amirite?
Does anyone else think my generation iz dum? I WISH JOHN LENNON WUZ A LIVE INSTEAD OF BEIEBER
1 UPVOTE = 1 AGREE
>>1101060
Arguably, you need to strike a balance between popping bottles of Ciroc every weekend and living like a monk.
>>1101111
Enjoy having a lot of money buried with you in your grave and having a cedar oak casket.
I'm sure everyone would love to hear about your networth and size of your portfolio in the retirement home.
>>1101113
This desu.
Your 20's and 30's are your best years.
If you live them right you enjoy it more than 80 years of a stale life.
>>1101117
Upvote
Kids today just dont know how to work hard, back in my dad, you walked into the factory, shook hands with the floor manager, and said "im your man", kids to day just want everything handed to them :/
>>1101137
>I'm sure everyone would love to hear about your networth and size of your portfolio in the retirement home.
>implying I'll be poor enough to have to be in a retirement home
>implying saving money to spend after the physical peak of your life is irrational
Satire thread? Satire thread.
>>1101051
Or you could find a balance and not be a broke 20 year old that had a fun week in Thailand and also not be an 80 year old with $5 million and nothing to spend it on because you're too old to do anything enjoyable and you've essentially wasted your life.
Did you even read the OP ? The problem is not spending the money, it's
>And then they get all mad and whine about how its all the governments and corporations fault they didn't save enough for retirement
I have a "friend" that is 54k in debt at 29 (that's really unusual here in Switzerland) because she took a loan in order to enjoy life during her free university. But since she didn't didn't finish her study she blew the rest on some bus to travel and has no way to find a decent job.
She now spends all her free time blaming rich people and society for her troubles. She joined the local socialist party and asks donations to cover some obscure charity activities.
>>1101187
The thread did stray a bit. But you're right, millennials seem to be so irresponsible these days and that goes far beyond spending it all on a holiday.
I'm 20 and I plan to travel as much as I can in the next few years but I'm making a lot of investments and budgeting my money so I won't be one of these retards when I'm done.
>>1101190
That's every generation though.
Boomers did just that and that's why we've inherited such a shit financial system.
>>1101137
I'll enjoy my financial freedom and all the perks it brings for far longer than your idiotic yolo vacations will last.
>>1101051
>Being a millennial myself, its really embarrassing a lot of people in my age group are actually this fucking dumb
Don't feel so bad bro, earlier generations thought niggers were people and women deserved the vote, that no-fault divorce was a good idea, that the welfare state is good, letting state-run institutions have a virtual de-facto monopoly on education is a fine idea, and a whole host of other shit. Every generation sucks, get over it.
>>1101197
Some of them didn't, you probably don't see them because they live on yachts. Seriously anyone with any sense would have earned enough in the 20th century to make huge.market gains. If you're not from a wealthy family your parents were probably dumb. I'm on that list BTW. Many of them were buoyed by growth and house price inflation though, so they think they were smart but they were mostly lucky
>>1101139
>allowing a decade to be the best years of your near 100y/o lifespan
>not busting ass to get yourself a good footing in your 20s~30s so that you can spend the rest of your 50+ years in absolute comfy mode
>implying it isn't those who splurge their youth on frivolous nonsense that spend the rest of their lives living stalely.
>>1101128
Philosophical
Rich people live longer.
/thread
>>1101498
And you don't think this is correlated at all to the type of medical treatment/diet they receive?
>>1101529
which correlates to their income... which means it pays to be frugal and make more money later.... which means what you thought was a smart ass comment turned around into you agreeing with us..... work in your 20s build in your 30s skate the rest living large.
>>1101060
Your life literally isn't even yours to enjoy
>>1101312
>eww why is this creeper trying to talk to us? He's like way to old to be traveling, he should have kids
>what is this weirdo doing in a club? Doesn't he know that it's just for young people? What a creep
>look at that guy and his fancy car. Probably going through a midlife crisis, I hope he doesn't talk to me
>>1101621
>>allowing a decade to be the best years of your near 100y/o lifespan
>>not busting ass to get yourself a good footing in your 20s~30s so that you can spend the rest of your 50+ years in absolute comfy mode
>>implying it isn't those who splurge their youth on frivolous nonsense that spend the rest of their lives living stalely.
implying I won't use my riches to reverse aging and be a 65 year old that looks like a 25 year old chad with a 10/10 body and enough money to make college kids my literal slaves
>>1101625
Yeah no.
You're going to be old and stressed out from spending all day earning money and that's at best, assuming you don't just burn out and fail AT BOTH. - Imagine how much of a joke it would be if you both, had no social life AND had no money to show for it.
Anyway let's say you did, you'd just be "that midlife crisis guy", you know, the one with a Porsche and who goes to massage parlours for "happy endings"?
The sad yet funny thing is that you'll never make enough money working regularly with your shitty job and pinching shekels like a kike. -- you're basically giving away your 20's and 30's and yet you will never be a rich fag without a "care in the world", as you say.
>>1101637
You suffer from what is called present bias. That some how the version of you in the future is less important than the version of you in the present.
This is untrue. You will be looking back at your young self as an immature fool who spent his money on temporary frivolities rather than long term planing.
>>1101639
No not really. My point actually makes a lot of sense to anyone if you step down from your clouds and think.
$1million in your 20's is far more valuable than 20 in your 40's and 50's
Besides what you're getting at is very far off reality. AT BEST someone living a regular life of middle-class salary - saving a lot and often can get a million or two by their 50's and 60's. Even that is not an "absurd amount" to be living how you seem to be suggesting.
Seriously man you haven't come up with anything new. There's tens of thousands of creepy oldguys in Thailand like this.
>>1101661
>There's tens of thousands of creepy oldguys in Thailand like this.
The ex-pats in Thailand are typically there because they failed to save enough money to have a comfortable retirement in their home country. These guys need the $2 meals and 50 cent beers to stretch their pathetic bank accounts.
If you want to bang hookers, you can bang them anywhere. You don't have to go to Thailand to get laid. You go to Thailand because you're a massive fuck up who failed to save money in your 20's and 30's.
>>1101051
>50 pounds a month
>24
Jesus christ, she needs to invest in some kneepads.
>>1101051
why would you even give a fuck about that you faggot
>>1101674
It's the only place where it's acceptable to be a creepy never-married/divorced fuck and suck ladyboy dicks all day.
>muh saving muh saving
Enjoy your shitty life that you need to "retire" from.
>>1101661
I'm already a millionaire in my 20s. I still think you're retarded for discounting your 30s and 40s
I may not have the most "fulfilling" social life right now, but at least I'll NEVER have to worry about working for the rest of my life like a slave while you'll be some old poor wageslave reminiscing about the good old days
sorry m8
>>1101704
>I'm a millionaire in my 20's
Yeah? Well I was a billionaire as a teenager. Now I'm a trillionaire.
You'll still be working like a slave if you pinch every penny of your miserable middle-class salary you stupid fuck.
Gj bro, you put $20k into index funds every year. In 20 years you might have half a million.
>>1101709
no you weren't. I can tell you're some retail wage cuck who blows his paycheck every weekend on frivolous shit
if your dumb ass got a hold of a million dollars, it would be gone in 2 years from buying a lambo and a sikk crib in miami
>>1101709
Whats wrong with my 20k a year in index funds? D:
>>1101739
Nothing it's just not going to make you "not worry about working ever again" like that obvious teenager/troll said.
It's really not much at all and it won't "completely change" your life.
>>1101732
high school retards have been on 4chan forever. most of them stay contained to /b/, but a lot of them check out this board after getting a rush from watching the wolf of wallstreet or seeing some faggot show off on their insta
>>1101747
But he's talking about you.
>>1101051
I like my fellow millennials but it bothers me how much we enjoy spending money on dumb shit. My roommate got a promotion and decided to finance a BMW. Not all of us are bad, my exes brother was the one who really changed the way I viewed money.
I read we are less prone to debt than previous generations but I don't know how true it is. Seems like everyone I know has loads of student loan debt except me.
>>1101696
>dumb enough to splurge in my 20s
>some how have enough to live super never need to retire
if you are living paycheck to paycheck as a young adult you're not just going to ever retire. That's the same mindset that has left so many people working well into their 60s.
I make like 4k a month and cant save for shit baka.
>>1101071
fuck off
travel is shit and your memories are worthless
eat shit
>>1101749
>my exes brother was the one who really changed the way I viewed money.
mind elaborating.
>>1101748
ok, kid. have anything else to say?
>>1101756
Who /wolf of wall street/ here? Xdddd
>>1101771
>you're not paying for the plane ticket anon! you're paying for the EXPERIENCE
>what do you mean you don't like travel? what a boring loser!!
>>1101756
lmao
Obvious bait.
You can spend amount of money it takes to build a gaming computer and go spend a week in another country climbing a fucking mountain while shitskins carry your shit for you.
There's nothing wrong with taking a few big trips in your life.
You gotta stop thinking in black and white , you can still yolo and save , the problem with millenials from what I've seen is that they spend every single cent they own. For example, they have to go out every single weekend without fail, friday night, saturday, then the dinner and catch up on Wednesday, then the music festival tickets, then the new dress every week, latest phone every year and when they finally do save some money I've noticed these people have to take a 10 - 20k holiday every single year without fail, and most of these events are pretty much just drinking hundreds of dollars worth of alcohol plus club entry fees and taxis.
I still do these with friends and it's an awesome time, but I only do it once a month, get used to saying sorry Im just going to have a quiet weekend this time, and guess what, you don't really miss that much.
>>1101661
What makes you think you might not be old and lonely anyway? Look at the alternative , you could be in your 50s alone and still barely being able to cover rent each week, instead of getting your dick sucked in a bar in thailand while you drink beers and head out on your boat or take your classic muscle car for a cruise.
>>1101788
20k holiday?
Holy jesus fuck 20k is more than I earn in a year.
And I live in Italy, not Bangladesh or something.
How can someone be that stupid?
>>1101776
>>>/pol/
>>>/stormfront/
>>>/x/
That picture is better suited for "Yes yes good goy, stay working overtime so you can put more into your index funds! You want to retire with lots and lots of money right? Go on, work 50, 60, hell 80 hours a week while you're healthy! Soon you'll be old and money will be no issue for you! Go on, live and breathe the grey office walls while your colleagues are out enjoying their lives!... You do have a much higher networth than these stupd stupid millennials, don't you goy?" Tbqh
>>1101788
>You gotta stop thinking in black and white , you can still yolo and save , the problem with millenials from what I've seen is that they spend every single cent they own. For example, they have to go out every single weekend without fail, friday night, saturday, then the dinner and catch up on Wednesday, then the music festival tickets, then the new dress every week, latest phone every year and when they finally do save some money I've noticed these people have to take a 10 - 20k holiday every single year without fail, and most of these events are pretty much just drinking hundreds of dollars worth of alcohol plus club entry fees and taxis.
It seems like this is what a lot of people do. Why do you have to go out every fucking weekend and spend hundreds of dollars on bullshit? I think automation is going to put a lot of white collar people out of work as well, and people without savings are going to be rioting if someone like hernie isn't elected.
>>1101128
You can't pop ciroc
>>1101758
He taught me spending my wages on myself is greed. Taught me to spend my money on my fellow man. I've pretty much become a money lender because of him and with good risk management my losses are minimal. Lots of hardworking people with bad credit in my area who need a couple of grand loaned to them. I've helped people keep their kids fed all while making money. Only real catch is you have to be able to eat losses but with good risk management it's fucking easy money.
>>1101621
wtf is it with normies? The only fun thing is clubs? Wow. Really fun right there you boring cunt.
>>1101803
>good risk management
explain.
>>1101807
Only lend money to white men. They are reliable.
Why can't personal finance classes be mandatory for high school and elementary school students?
I'm going to guess it's because businesses push the government to not have that and keep the masses ignorant and spending
>>1101809
This. I base all my investments on the leaders of the corporation that I'm investing in. If they're all white male, I'm in a 100%.
>>1101817
I keep it diverse with a few asians and a couple of jews.
>>1101812
Because they won't listen anyway.
>>1101137
I don't get this. My grandparents live a full life and they're well into their 70s. If you can retire in your 50s, you'll have literally 20 years of doing anything you want. Don't you think that's something you'd like?
>>1101826
Too old to do most physical activities. The health problems start coning in around then too.
Ask your grandparents what they would've done differently, it sure as fuck wouldn't have been "spend more time working my terrible job as an accountant so I could have more money saved for now when I'm too old to enjoy my life".
>>1101137
Maybe they want to leave money for their families security if they die. Death puts most families in debt even with life insurance.
>>1101266
this so much truth
>>1101812
I think it's more along the lines that there's these massive lists of standards schools need to go through that leaves little room for shit that's actually useful, like personal finance. But yeah, a really shallow understanding of macroeconomics is more important than teaching FICO scores or APR.
>>1101834
>Ask your grandparents what they would've done differently
Ask 100 old people what they wish they'd done differently. 98/100 will say they wish they'd saved more.
>>1101529
>I AM NAIVE SO OTHER PEOPLE MUST BE TOO
>>1101060
Since DSS, I build for my spawn.
>>1101266
Does this generation not still think that? I'm all for shitting on every generation for their own things, but I don't see why you'd list mentalities that have only gotten more pervasive with time
>>1101860
They'd say they wish they didn't waste time on relationships that went sour, bad friendships, shitty jobs, pennypinching like a kike, etc.
>>1101060
Because hedonism has diminishing returns and you can force yourself to enjoy fucking horses for free if you want.
>>1101911
>They'd say they wish they didn't waste time on relationships that went sour, bad friendships, shitty jobs, pennypinching like a kike, etc.
Old people don't regret the life choices they made. It all becomes part of the multi-color collage of life.
But as they crack open tonight's tin of cat food for dinner, they DEFINITELY fucking regret not saving more money.
>>1101051
well, to be fair, you do only live once
>>1101878
I guess you're right. But still we're not really special.
>>1101186
This OP.
The balance is being a sixty year old who has enough money to make America great again and has the energy to do so
Millennials are the new boomers. We spend beyond our means and blame our parents for all our problems.
>>1101051
Feel you OP, There is nothing wrong with spending money but you have to think things thru. If you book your vacation long ahead it will be alot cheaper + you probably have to prepare stuff with your job etc. as you'll leave for a while. Don't buy stuff you don't need or afford and save money. Never lend money to friends/family that you aren't prepared to lose. Save money. Never date/marry somone with a different financial view then you might aswell hire escorts.
>>1102084
Every generation is the same and says this shit though.
The boomers were blaming their grandparents for some retarded shit, and so on.
>>1101128
>argumentum ad temperantum
Nah
>>1102092
The boomers just happen to have been given a great windfall and have wasted it.
I bet the sons and daughters of successful prospectors and frontiersmen thought the same.
>le millennials boogerman
Millennials are just like the baby boomers. Spending beyond their means. Most millennials spend their little savings on a hoilday and think I can live my 20s and work the rest of my life. Studies show that this is a bad idea. Investing your savings in your 20s will earn you 1,200,000 dollars more than starting in your 30s. This is why a lot of boomers aren't ready for retirement. Honestly traveling in your 20s with no money is shit. Everyone just has their traveling glasses on and can't see that they had a hard time enjoying their travels. You couldn't go here or there because of no money. I knew a few people who traveled in their 30s adn enjoy it more than those in their 20s.
>>1102110
This. That's really the only reason why everyone continues to shit on baby boomers and not, say, Gen Xers.
They had a position to actually do something, and instead they chose to sweep all of their problems under the rug and try to make short term cash
>>1101060
Nothing. There's a positive relation between wealth and thriftiness. It's ironic. Or you can just be like Buffett and think of money as a high score.
>"i want to enjoy myself"
with cheap meaningless thrills through my twenties
why would i invest in my life?
i need to buy things and buy drinks for sweaty strangers who i will fuck and never see again and eat shitty meals at outback steakhouse and go to vegas for a weekend
>>1102236
it would be one thing to buy a stradivarius violin and smash it like some crazy roman emperor
THAT'S yolo
indebting yourself for a used toyota yaris that's already a piece of shit and won't see 2022 is even CRAZIER than some of that hedonist orgy shit. think of how much trouble you are causing yourself for NOTHING. it is literally NOTHING. a toyota yaris is NOTHING and yet everyone has a fucking car loan. jesus christ i don't understand society right now.
emperor nero / wallstreet banker hedonist says "im making your life worse, nanner nanner"
20 something american hedonist says "im making MY life worst, nanner nanner"
>>1102226
Ayn Rand's philosophy is very interesting, and confirms in a way something I have always observed which I'm sure is essentially common knowledge but denied by plenty of people:
Everyone is inherently selfish and has their own interest above that of others, some just don't know it. The human psyche and reward systems condition us to feel good about certain things, for instance giving to the poor or helping the handicapped. We are conditioned throughout our lives to feel rewarded for doing these things, and even if we don't consciously recognise it, it forms the precedent for actually doing them (as well as the social benefits of being charitable, of course).
Altruism is never absolute, it's physically impossible to detach oneself from a situation. And our emotions, feelings and logic being the only reference point for growing/shaping our worldview according to our environment seriously interfere with being able to make any objectively altruistic action.
No edge intended here. I like helping those more disadvantaged than myself. I like being charitable. But I can't delude myself into thinking it's for no benefit of my own.
I've spent around 15k on trips to the US in the last 5 years and can happily say I would take that any day over 15k in investments.
>>1102292
Where did you go? Recommend anywhere?
>>1102294
lost my huge post so this is a quick retype
i went with my dad (not embarrassed and i dont like clubs/pubs) so you instantly halve accom and rental car. Eventually it was cheating since he bought a business over there and lives there so everything but flights and food are free.
we generally had one driving and one navigating/looking at yelp/looking at expedia for directions/food and hotels. saves a heap of time and money. just head out every morning in the general direction of the place you are wanting to see.
we have flexible lives so we flew when it's offseason (right now its under AUD1k return from Australia to LAX on virgin if you fly in april/may) cars and hotels are cheaper too.
Anyways places you have to see:
New York (Times Square, Statue of Liberty, Broadway, Empire State, Wall st list could go on obviously)
Southern California (Yosemite, Death Valley, LA and OC)
Vegas (and Hoover Dam, Grand Canyon)
The South (New Orleans and then nothing in specific, just experiencing actual American culture after NY and LA is an attraction in itself)
Probably day trip to Mexico
Where I still want to go:
PNW and Canada
New England and Niagara Falls
Florida proper (only went to Pensacola before heading north to TN)
>>1102289
It's selfish to feel good doing things?
That's pretty fucking stupid. I eat because it makes my stomach feel good. I never think about how I would die without it. So eating is selfish? Because when I help people it's because it makes me feel better. Period. Not to get to heaven, not to be thanked, not for money. I feel good doing it.
>>1102341
Semantics dude. Every persons motives are ultimately self-serving in one form or another that's what he's saying. From eating to giving to the poor and everything in between.
As in you give to the poor because it makes you feel good to know that you're helping someone first and foremost. Not to actually help them. The fact that you're actually helping them is secondary to feeling good about it on a subconscious level.
I disagree but I think that's his point.
>>1102310
Damn, you've been all over. I'm from new Orleans so fuck going back there. The rest sound good though.
Thanks for the suggestions though man, I'll probably use them this summer.
>>1102341
What >>1102350 said
Also to elaborate I don't mean to imply that helping people is secondary to being self-serving, I was just making the case for every action having a degree of self-gratification as a factor in decision-making and execution, so it's impossible to actually be 100% altruistic. I also don't think it's selfishness as that would imply primary motive.
I send fat girls checks in the mail so they get fatter and die of obesity. How does this make you feel?
>>1102361
Killing the fatties faster, you're pretty much contributing to society as far as I can tell.
>>1102361
That's fine, Anon.
>Makes note to start botting fat girls with a P.O Box so I can get some cash from you.
>>1102380
>implying i havent saved every fat girls pic
>implying i wont require video proof of fat girl eating said food
>>1101071
>lots of experiences and memories
Care to explain to me how much worth these have once you're FUCKING DEAD?
At least when frugal index-funder dies he gets to leave all that wealth behind for his family.
>tfw I'm German
>didn't have to spend more than 4k for studying at the best university in my country
>now in a very comfortable 40k € / year job
>paid all my debt in 2 months
>been working for 7 months now
>6k € in my bank account
>no rent because i live at home
>gas gets paid by company
>driving my dad's old car since I don't care for new shiny cars at all
man I had so much luck in my life, 1st of all NOT being american, and then living at home and driving an old car at work which costs me basically nothing
I can't even think about being American at this point
>>1102110
> The boomers just happen to have been given a great windfall and have wasted it
MFW my boomer parents haven't wasted it all and are worth €2.3 million and I'm their only child. Thx mom and dad
>>1101312
>coping with the fact being old sucks
Maybe you are one of those guys with 0 sex drive that isn't butthurt at the fact they missed on prime pussy. Those are the autists that usually make great STEM grades are ok with retiring as comfy oldcel with some money. Pathetic.
>>1101639
You suffer from coping.
You will never bareback jailbait goddesses. It's over you fucking wagecuck, commuting faggot.
>inb4 i want muh real woman or some some fucking beta provider cope
>>1101051
Dude you don't understand the struggle. I was forced to get these student loans to get a good job. I got a car loan because who wants a used car? That's gross. And credit cards ftw. Cash is for ghetto and losers. It's not my fault I'm in debt. It's the government's fault for giving me the debt in the first place. They should have said no when I used student loans to furnish my sweet apartment and party every weekend. I will not stand for this and will vote for Bernie Sanders because he will give me free everything. - Posted from a Macbook.
>>1101760
Yes, stop lying on the internet to prove a point you doofus.
>>1102456
C.u.c.k.
>>1102399
What kind of job do you have?
>>1102456
I'm glad bernie will fuck over the idiots like this who vote for him
>>1102456
Honestly, they should say no to people for student loans and only give them to people who have a track record of sucess in education. My little sister is getting student loans and she could barely hold a c average in highschool. Even if she does graduate she won't be able to find a job because she hates working. I would have never lent her money for school.
>>1102456
>This got unironic supplies.
It isn't even bait; it's just a sarcastic response.
To the poster and not his presented strawman, though; where do you guys work to afford school if you decide to go but don't have a scholarship? I couldn't afford to go to in-state university working full time.
Inb4 "You're the same guy from earlier" yes I am; I've never had a credit card and I have a sub-500 score from my parents assuming my identity (and they, in doing that, inadvertently fucked me out of my scholarship).
So I can't afford to go to school or move out, so what do you do? Aside from just working to stay busy, I'm at a loss. Perhaps just try to learn some webdev skills in my free time?
>>1102399
but in 2 years youll have to serve your muslim overlords for free or risk public stoning so who is the real winner
>tfw im british so the real winner is not me either
>>1101051
this. bernie sanders supporters probably make half what I do if that, but spend more than double on unnecessary shit.
yet they say its impossible to live on their current wage.
>>1101139
>>1101113
but maybe I'll give you the cure for cancer bby
>>1101793
>>1101787
>>>www.reddit.com
seriously
go read finance subreddits
the faggots on there are all about financial security only so that they can spend the remainder on travel
that everything else is materialist bullshit and that buying experiences is something desirable
somehow your stupid expensive trip to mudshit land makes you a better person and material possessions are unimportant
at this point it's literally impossible not to be edgy about this
do you faggots seriously want to give these industries business?
do you seriously believe this preoccupation is any less materialistic?
not only that but it's really just unfortunate that people hate their jobs so much they can't stand the idea of sitting in an air conditioned office for 40 hours a week
but please fellow millennial, tell me all about your crazy fun study abroad adventure, where you did all the same things you normally would do except in a different location
>>1102999
Completely agree. They buy the feeling of being cultured. Too bad nobody buys that shit in the real world and they just end up looking like limousine liberals who take selfies with 3rd worlders for likes on facebook. Shit, Mexico is far enough and 3rd world enough for my vacationing.
>>1102289
First off, what you described is called psychological egoism. Ayn Rand preferred something called ethical egoism. Psychological Egoism comes from Hobbes who states that people will ALWAYS act in their own self-interest. Ethical Egoism from Rand states that people SHOULD always act in their own self interest, and that most people simply don't. There's a difference between doing something that you think is in your own self-interest, but ultimately isn't; and doing something in your own self interest. So you're wrong on every front.
>>1103051
nah dude
the people
they meet people there
waaay different from the people in their suburbs
>25
>~$20,000 in index funds, 50,000 in savings
Did I dun good?
>>1102999
Checked.
But what if I'm all about financial security so I can spend the remaind on travel to sweet places like eastern europe, Thailand, Bali and Worst Korea and not take selfies with mudshit people? and not buy tons of material crap in my 30's?
>get a remote job so you can travel and work
>get US salary in a third world country
>leave the country for a new one when you get bored
ahh this is a fucking amazing life. downside is you can't really make any permanent connections since you're leaving every 3 months
>>1101860
kek no. My ex was a nurse at a retirement home specifically for really old terminally ill people.
She ask that question and in allmost all cases she heard ´´wish I worked less hard and enjoyed life more, did more fun things etc etc´´
and I also blew all my money on coke, hookers alcohol partying when I was in my 20s.. On top of that I lived and worked in 4 different countries etc etc.. Had the time of my life.
I don´t give a single shit. However it´s all about balance. Just don´t make huge debts like a retard and such and you will be fine.
Besides we can´t look into the future... By the time you are retired the world might be one big mess with an economic collapse and all your money and assets might be worthless.... You can´t eat gold bars and dollar notes..
>>1103307
...then you have the sensibilities of your standard redditor?
>>1102399
dude, being european kind of sucks too. I pay all these taxes and get way less in return. I now only have like 1600€ netto per month (starter's job)
>>1103966
which is a lot for the majority of European countries trust me.
In my country the average is 800/1000 euro per month before tax.. A CEO here would earn 1600/2000 euro.
>>1103978
yeah fully aware of that, but cost of living is quite high here too (Brussels).
Especially when I compare to US salaries I'm kind of envious
>>1101060
The point of having money is to remove it from the system so someone else won't have money and you can watch them suffer until they reach the point where they are willing to sell their maiden daughtes's virtue and that is when you swoop in with your offer of tree fiddy with the condition that you can go in raw.
>>1103983
don´t listen to most people here as they are all 19 year olds who earn 250K per year (while in reality they are all Neets who play videogames in their Moms basement all day long)
>>1102999
trips chekked
Travel sounds like a fun idea but waiting till you're financially secure seems like the move. It's what I'm planning on at any rate. I'm 20, and all my millennial friends are doing le college or travelling (or both) all the while spending huge sums of money. Meanwhile, I started my business and am stacking up muh shekels, enjoying my city and having a good time vicariously experiencing every place that they go to via facebook for $0. By the time they're done with travelling I'll have enough dosh to go wherever and still have a healthy sum in the bank. Extra bonus: insider info on which places have the most interesting offerings for people 20-30.
>>1102399
enjoy
>>1105169
Americlap cities have always had higher rates of violent crime what eurojihad cities are approaching now.
>>1101051
it's you who can't see the big picture. you can't deny that we do indeed live only once. and in the grand scheme of things, 100 years is very short. we're just a blip in the universe. it's a miracle that you were born at all. it's a once in a trillion trillion billion chance that you were born at all. you really gonna waste it worrying about money and the "future"?
if you're gonna live forever, or at least 1,000 years, then yeah, it makes sense to save and prepare for the future and do personal finance. But you aren't gonna live forever, 100 years is too short. you might as well enjoy your money instead of saving it.
You only live once, and you life is short. You're wasting it by saving.
>>1101051
So you mean;either,Just make more money than you spend, or spend less money than you make?
Sound simple
>>1105172
we'd be slightly better than Belgium if you omitted Chicago, Detroit, Baltimore and.. DC I think.
>>1101498
This probably correlates to the mindset of people that become rich more than anything else.
>>1102236
i just want to own a house and spend weekends for months laying new floor tile, insulation, and making a porch.
>>1105173
>be 20
>#yolo
>be 30
>#yolo
>be 40
>#yolo
>be 50
>"well maybe actually..."
>be 60
>lose job
>get kicked out of your house
>have to buy a white trash tier trailer
>live the rest of your 40 years, which have now become 15 because you can't afford any healthcare, in poverty, while trying to scrape together any cash possible with menial and degrading jobs, knowing you can never hope to be anything more than a shadow of your former self
or
>be 20
>save 75% of after-expenses income
>take just 2 or 3 trips around the world instead of 15 like a fucktard
>be 30
>save 50%, meanwhile the money you saved in your 20s is gathering interest
>be 40
>keep saving 50%. You're making more now, so your disposable income is still going up.
>be 50
>stop working because you're fed up
>buy comfy house in the countryside
>live your next 50 years comfortably in a house of your property doing shit you like and living off the interest
What is it that you don't get?
>>1105173
I agree only if you never plan to have a family. I already have a kid and I want to leave him money to live a good life. I want him to get the best education and to avoid having live around poor people. Plus I also want to leave some money for my nephew since my brother and sister in law are losers.
>>1106015
> since my brother and sister in law are losers.
im already preparing for my sister to have a kid. i really fucking hope she "makes it" and can raise a kid nicely, but im not counting on it. my brother is a little autistic too, but he can at least communicate and kinda hold a job. hoping i can support him after he graduates, as i know the job market is going to be shit for him.
>>1106007
>interest
This goy didn't hear about the new plan to introduce NIRP
>>1102243
>indebting yourself for a used toyota yaris that's already a piece of shit and...
Jesus christ FUCKING THIS.
I have a friend who just blew an entire year's income to buy A FUCKING FIAT 500.
15000 euros.
For an absolute shit tier tin can that you can't use to transport anything, that 4 people will have trouble fitting into, and has an engine that makes you wanna kill yourself every time you step on the throttle because NOTHING FUCKING HAPPENS.
When I inquired about this questionable choice, he replied with "durr but I really liked it man and #yolo"
Meanwhile I'm driving a 19 years old Audi, converted to LPG, that I paid 2000€.
It has three times the power, it's twice as spacious, and I'm not gonna kill myself if someone bumps into it while it's parked and scratches it.
I'm not worried about parking in the worst part of town, because nobody would steal it.
The engine has tons of gremlins in it.
It leaks coolant, but only sometimes. It has a low coolant warning light though, so who cares.
It burns oil, but only sometimes.
It stutters, but only sometimes.
The turbine sounds like a 747 taking off. It has been for the last 90,000km.
The gas tank indicator has never worked. If I run out of LPG, I have no idea how much gas I've got before I end up stranded somewhere.
Now THAT'S #yolo.
And for 8 times less the price.
>>1106032
>I have never heard of stock markets and I just leave my money in the bank, I trust the jews will do the right thing with it
Good goy.
>>1106037
That's what you said people should do
>>1106040
>"interest" is a word that can only apply to money sitting in a bank account, right guys?
>>1106042
Anyway investing in stawks is most retarded thing you can do right now
>>1104011
Rothschild detected
>>1101549
Being poor is expensive, bro. The less money you make, the less you can save.
>>1101866
wat
>>1103927
Anon, think about what you just said. A retirement home. These are people who can already afford it. I think there's some sampling bias here, and if they were dying in a one-bedroom apartment with rats and cockroaches they'd probably be complaining about that instead.
Fun fact: Old people complain about EVERYTHING
>>1101812
I took a finance class in middle school and learned how to balance a check book and write checks, also about voting. I went to a public school as well. Class was called civics & economics
>>1101819
Ding! Ding! Ding!
This is the only right answer. The fact is that people don't save money not because they don't know how, but because they simply don't want to. Look at all the "live for the day for tomorrow may never come" faggots in this thread if you want proof of that.
>>1102925
>but don't have scholarship
I'm almost positive that there's a school out there that you could've gotten a scholarship from. Failing that, you get an associates degree from a cc and transfer to an in state university. If that's too expensive you could apply to learn a trade/apprenticeship or you could join the military.
>>1106049
>Being poor is expensive
Most people don't realize how true this is. When I was poor I was actually spending more money on useless shit. When something broke I paid money to have it fixed - I didn't dare trying to fix it for fear of breaking it even more. Now I fix tons of my shit and I saved thousands of dollars on it. I didn't even dream of fiddling with my car - I didn't have any tools and what if I bought a tool and couldn't fix it? It would be so wasteful! So I paid money to shitty mechanics of course. Paid for optional insurance too. I couldn't afford to be without a car if something happened. And for some reason I cared about not looking poor, so I'd be buying expensive clothes and stuff.
>>1101137
Yeah, retirement home..... Get on my level you gypsy.
>>1101621
Lel, actually that'll just be you in a few years you poorfag, pooring it up at some foreign bar. No rich man gets chastised in a club, also what if you could afford to buy the club and be the fucking boss.
>>1101916
I like the way this guy thinks.
>>1102310
Heads up from a Florida native: go to St. Augustine for history (avoid the fake wood fort, fountain of youth and Ripley's tourist traps), go to Orlando for the theme parks (avoid anything on International Drive, it's a just one long tourist trap) and go to Miami if you want to see the most rancid-ass tropical city the US has to offer. Miami natives will say it's awesome though.
Tampa has Busch Gardens and Jacksonville has Riverside & San Marco, if you like trees, parks. breweries and old brick buildings. Jacksonville Beach has decent food and bars.
