Current Events > Budget of a 25yo that makes 100k

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darkprince45
08/18/21 11:11:01 AM
#1:


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JimmyFraska
08/18/21 11:12:33 AM
#2:


wtf is donations
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Jabodie
08/18/21 11:12:34 AM
#3:


$20 for internet? Tf?

Why isn't investment spending on the pie?

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SquantoZ
08/18/21 11:13:31 AM
#4:


This was clearly made by an out of touch billionaire

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Turtlemayor333
08/18/21 11:14:09 AM
#5:


SquantoZ posted...
This was clearly made by an out of touch billionaire
Their face while posting this

https://www.youtube.com/watch?v=5hi7t4vEf3k

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SK8T3R215
08/18/21 11:14:13 AM
#6:


Reasonable except for donations lol.

Internet I'm assuming they're splitting with people?

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Giant_Aspirin
08/18/21 11:14:39 AM
#7:


$615 in donations? lmao

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Flockaveli
08/18/21 11:15:26 AM
#8:


Where the FUCK do I go to make $100k a year AND have rent only be $825.

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SSJCAT
08/18/21 11:16:24 AM
#9:


Is donations code for OF tipping or something lmao

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_BlueMonk
08/18/21 11:16:39 AM
#10:


cell phone 40 dollars?
rent 800?
HOUSE CLEANER?

wtf is this shit.

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WeeWeiWiiWie
08/18/21 11:16:57 AM
#11:


Seems misleading to use a pie chart, given that "total spending" is a fraction of "earnings".

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Flockaveli
08/18/21 11:17:06 AM
#12:


SSJCAT posted...
Is donations code for OF tipping or something lmao
Yeah.

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DemonBuffet
08/18/21 11:17:50 AM
#13:


Whats crazy about $40 for cell phone? How much do you guys pay?

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Tappor
08/18/21 11:18:02 AM
#14:


Only $825 for rent? God, I wish

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PatrickMahomes
08/18/21 11:18:49 AM
#15:


This would actually be a little more believable if "donations" was replaced with "college loan payments"

Also the rent is false; I live in rural buttfuck nowhere (though it's a new building) and I pay $795 + $60 for garage and $60 for electric (during the summer, usually as low as $20 in the winter).

Anyone making $100k living in rural buttfuck nowhere wouldn't be paying rent that's for sure.

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Jabodie
08/18/21 11:19:17 AM
#16:


Flockaveli posted...
Where the FUCK do I go to make $100k a year AND have rent only be $825.
As the other guy mentioned, he probably has roommates. If this is a thrifty rich guy they're glorifying, I wouldn't be surprised if it's like 2 or 3 roommates.

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darkprince45
08/18/21 11:19:29 AM
#17:


DemonBuffet posted...
Whats crazy about $40 for cell phone? How much do you guys pay?
my mom covers our whole family under a family plan. But I pay for my wifes plan. Using the T-Mobile military program which is like half off the normal rate plus her iPhone 12. Its 90 a month

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Kloe_Rinz
08/18/21 11:20:14 AM
#18:


Whoever is donating $615 a month either is rich or is not good with money
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DemonBuffet
08/18/21 11:20:34 AM
#19:


darkprince45 posted...
my mom covers our whole family under a family plan. But I pay for my wifes plan. Using the T-Mobile military program which is like half off the normal rate plus her iPhone 12. Its 90 a month

Same here. I use tmobiles magenta plan and pay $20 for each line.
but 40 doesnt seem unreasonable for someone on a individual plan

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Compsognathus
08/18/21 11:21:05 AM
#20:


Where the fuck are savings.

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Tyranthraxus
08/18/21 11:21:48 AM
#21:


Giant_Aspirin posted...
$615 in donations? lmao

Some billionaire took their own budget and downscaled it to 100k/yr


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WeeWeiWiiWie
08/18/21 11:22:00 AM
#22:


Compsognathus posted...
Where the fuck are savings.

The bigger pie. Someone making 100k is not taking home 2775 a month lmao.

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Kloe_Rinz
08/18/21 11:22:10 AM
#23:


Compsognathus posted...
Where the fuck are savings.
Damn millennials spent it all on cute maids
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Esrac
08/18/21 11:22:59 AM
#24:


Tappor posted...
Only $825 for rent? God, I wish

I'd have to double check, but I'm pretty sure there are areas of Texas with apartments that average in the $800 - 900 a month range.
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Questionmarktarius
08/18/21 11:24:00 AM
#25:


Why is someone pulling down 100K still renting?
Unless this is nowhere in Arkansas or something, that's gotta be a tiny place for $825.
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Damar
08/18/21 11:24:22 AM
#26:


This pie chart is from a 2018 Facebook post that went viral and CNBC were stupid enough to pick it up.

https://www.truthorfiction.com/budget-breakdown-of-a-25-year-old-who-makes-100000-a-year-and-is-excellent-with-money/
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SK8T3R215
08/18/21 11:25:11 AM
#27:


In my neighborhood there's 3 bedroom apartments for $2K-$2.5K so everyone saying that much for rent is assuming you cannot live with roommates.

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Questionmarktarius
08/18/21 11:29:29 AM
#28:


SK8T3R215 posted...
so everyone saying that much for rent is assuming you cannot live with roommates.
That $615 in "donations" would be about $37k in five years, which would make a decent down payment on a $180k house in the suburbs.
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J03can
08/18/21 11:30:16 AM
#29:


Lol donations

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SK8T3R215
08/18/21 11:30:25 AM
#30:


Questionmarktarius posted...
That $615 in "donations" would be about $37k in five years, which would make a decent down payment on a $180k house in the suburbs.

What does that have to do with my post?

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Questionmarktarius
08/18/21 11:31:01 AM
#31:


SK8T3R215 posted...
What does that have to do with my post?
Why live with roommates, when you can live with a HOA instead?
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theAteam
08/18/21 11:36:57 AM
#32:


How many 25 year olds are raking in 100k wtf

Also that $270 towards health insurance could be 0 if they were on their parents' insurance still. So not quite thrifty eh

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MaddenDude--
08/18/21 11:38:35 AM
#33:


none of that is accurate, especially the donations

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Letron_James
08/18/21 11:38:54 AM
#34:


Lmao this shit is actually so out of touch it's rediculous

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#35
Post #35 was unavailable or deleted.
whitelytning
08/18/21 11:42:50 AM
#36:


Those numbers are a joke.

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EndOfDiscOne
08/18/21 11:43:18 AM
#37:


theAteam posted...
How many 25 year olds are raking in 100k wtf
Lots of techbros out west make more than that

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theAteam
08/18/21 11:44:34 AM
#38:


EndOfDiscOne posted...
Lots of techbros out west make more than that

Sure and 1st year lawyers at big law firms but what's that compared to the rest of the population

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tommybel89
08/18/21 11:45:03 AM
#39:


Don't fall for this s***. These articles where you see young big city professionals and their budgets are a damn psyop.

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Njolk
08/18/21 11:46:32 AM
#40:


Lol of course CE thinks 2700/mo is impossible

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berlyman101
08/18/21 11:47:47 AM
#41:


and like always the rage clicks and comments will flow in. this is the oldest trick in the book at this point. that financial samurai guy is probably waiting to drop that same article he does every year or two.

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philsov
08/18/21 11:52:34 AM
#42:


Tappor posted...
Only $825 for rent? God, I wish


Live with 1-3 other working adults. Also enables the low internet bill, but then I don't know where the extremely high per-capita "utility" bill comes from, lol.
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Pitlord_Special
08/18/21 11:52:45 AM
#43:


Things like this always make me feel so inadequate. I tithe my 10% of take home pay to my goddesses but over 20% is true devotion.

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DespondentDeity
08/18/21 11:59:08 AM
#44:


$30 a month for a house cleaner is total bullshit

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Choco
08/18/21 12:00:52 PM
#45:


why is nobody talking about fucking $250 for dining out every month

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Choco
08/18/21 12:01:47 PM
#46:


DemonBuffet posted...
Whats crazy about $40 for cell phone? How much do you guys pay?
i pay 10 every 4 weeks

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RAAAWWWRRR
08/18/21 12:03:26 PM
#47:


BS!!!!

$30 house cleaner? wtf is that?

$600 for donations?!?!? WHAT?

$800 RENT?!??! where the FUCK does he live? roommates i presume?

$20 internet??!?! HOW?!?! he has 10/10 d/u speeds?

yea..... not buying this....

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theAteam
08/18/21 12:04:05 PM
#48:


Choco posted...
why is nobody talking about fucking $250 for dining out every month

Honestly if you're going out to decent places with drinks included and paying for 2 people you can hit $250 pretty quickly in a month.

Which if you're 25 and reeling in 100k you're probably dating a lot and doing that.

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Questionmarktarius
08/18/21 12:04:27 PM
#49:


Choco posted...
why is nobody talking about fucking $250 for dining out every month
Because... that's not very much. Tacobell every weekday would do that.
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Raikuro
08/18/21 12:04:34 PM
#50:


That 100k salary part feels like it was pulled out of nowhere. The $2.8k monthly spending would still be applicable to a $60k salary. Also assuming "donations" is a very vague catch-all for savings/hobbies.
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