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is $25,000 a year a lot of money?
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You are currently reading a thread in /r9k/ - ROBOT9001

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I currently make $25k a year after taxes and shit from renting out 2 apartments that i inherited from my grandpa..im 20 & currently have no bills and still live with my parents...

idk if i shud plan on living like this my entire life or if i shud go get a better job
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>>27948126
That's not a job, that's passive income.

You're extremely lucky. You can look for a job without losing hair over it, as it's optional.
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>>27948126
If you make 25k A year why are you living in your parents house... Go get an apartment.
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>>27948183
because i cant afford one? they start at 500k each in my city....
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>>27948126
anything less than 30k is poor
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>>27948126
>is $25,000 a year a lot of money?

no
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>>27948126
depends entirely on how much money you can save. though retirement is pretty easy with passive income like that.
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Get a job ontop of your passive income, you dumb nigger.
Then save it all, put it into a high interest savings account and live off the interest + rental income and live the comfy live.

After you've got plenty saved that you're earning a good amount off the interest, then quit your wagecuck job and be a NEET.

Don't waste it on the college meme.

Alternatively, you could rent one out and live in the other.

You could also buy more houses and rent them out, making more money.
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Got siblings?

If not wait for your parents to die, use inheritance to buy more apartments

live NEET life
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>>27948192
I meant rent one not purchase one. If it's actually that much for rent you should be moving :^)
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>>27948223
how am i sure my parents are going to will me shit?

god ima be so mad if they donated all the money away
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>>27948192
>City
There is your problem.
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>>27948126
$25k is literally above poverty m8

Get a second "job" and save the rest for later.
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>>27948183
Why waste money on an apartment just to live all by yourself for the rest of your life ?

>inb4 fuck doll, getting wasted, doing drugs, being a degenerate in general
If you were going to say this I can tell you right now to fuck off you edgy highschooler.
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>>27948126
I couldn't live comfortably on 25k. But I guess it depends what you're hoping to live like. Make a budget, and see what it would cost you to live comfortably in your area.
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>>27948282
why cant you live comfy with 25k? what kinda bills do you have?
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>>27948235
I don't know your parents m80
But its pretty standard to leave everything to your kids

Only rich wankers like Bill Gates donate all their life savings to feed some niggers, pretty much cucking your kids

What you should worry about is your mum outliving your dad or even the both of them retiring and spending all their money on themselves. Not that there is anything wrong with them doing it, it is their money.

Good luck Anon

t. robot from average income family in a country with a death tax and two brothers
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>>27948324
my house is worth 4million tho so im not worried about any cash

i just want this house
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>>27948275
Being independent is good for you mentally. You have to cook, wash and clean. Also, fuckdolls and drugs.
Ultimately everything I spend is to continue living or increasing happiness. Living alone is not a waste if you want to get independent and stop being a manchild.
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>>27948275
OP never said he
>tfw no gf
So he might not be alone. It's not about being a drugged up waste of life, it's about having independence.
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>>27948286
He barely has any bills like this, if he is retarded enough to move his bills will skyrocket.
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>>27948368
this is for OP
///original as fuck
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>>27948339
He doesn't have a job.
500k for "being independend meme :^)" ? NO.
He's still a manchild either way, that's why he's here.

>>27948346
I doubt such a massive faggot like OP has a girlfriend and decided to come to /r9k/ anyway.
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>>27948336
Depending on where you live you may have to pay property taxes, its calculated by how much your property is worth to try and stop a few rich people buying up lots of land and waiting for its value to go up.

So if you end up owning three properties you might have to pay taxes simply for owning them.
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>>27948126


> 25,000 a year
> 12,500 per apartment
> 1,041 per apartment per month
> 260 per apartment per week

Where are these apartments? Are they 1 bedroom, or why are they so cheap?
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>>27948126
depends

if you live by yourself with no gf, kids, pets or anything $25k is more than enough to live a comfy life. but if you have to support another person on top of that you just gonna get more and more fucked.
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>>27948885
its actually 32k i make but after strata fees, taxes, bills im at 25k

vancouver canada
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>>27948953

I assume you don't include utilities.
Thread replies: 28
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