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Book recommendations for new executives?
Has anyone received an offer letter from EXL (Inductis India Pvt Ltd) that was extremely restrictive and reading which felt like one is signing up for going to prison rather than get employment? No leave policy mentioned, hundreds of paragraphs of worst case scenarios, pathetic salary breakup, etc. ?
Anyone of you here based in NYC?
There are lots of negetive reviews about DXC in social networking.. how is the variable payments at the end of the appraisal cycle? There are lot of sacks few year back, is there any stability now. They are offering WFH, is that going to be always or is there any forecast of asking the employees to join any office?DXC Technology
Are Pandora bracelets still in
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From one software engineer to another: DM me and I’ll refer you. We start at 201k
I’m a college hire (bachelor’s) they started me at 201k
Keep doing what you are doing. Keep expenses low and keep investing
Yeah you could definitely live off of $30k a year
Chief
Lower your expenses and increase your salary. You’ve got this!
How do you save over $40k so far with only one year of work under your belt?
With $80k, taxes alone will eat up about 1/3 of your income, so you are only spending <$15k a year
That’s with 2 years of interning and 1 year of working!
A home doesn’t exactly build wealth. My advice would be to put as little down as possible (while still ensuring you can afford the monthly payment) when you are ready to buy. Interest rates are so low that the opportunity cost of investing is much greater than the likely interest rate on your mortgage. Max your 401k, Roth IRA, and HSA accounts—ensure the investment mix for each is heavily allocated in stocks. Invest the remaining amount of savings in etfs (I like to do a mix of total market and blue chip) and don’t touch the portfolio. Keep dollar cost averaging as much as you can each pay period, and continue maximizing tax advantaged accounts. Compounding is key. Assuming you are young, these accounts will generate substantial wealth in 30-40 years. No free lunches—just patience, time, and discipline.
Live below your means (keep expenses low while maintaining a comfortable lifestyle).
Cutting expenses and staying consistent has double the impact of earning income because
1) Each additional dollar you earned is a taxed at marginal rate. That marginal rate will increase as you pass more levels
2) Cutting expenses permanently reduces the amount that you need to live on.
Now that doesn't mean that if your income increases you never increase your expenses. What you can do though is consistently let your savings increase relative to your expenses and get to enjoy a little more of your money as income grows. With this you're still avoiding lifestyle inflation.