{ "media_type": "text", "post_content": "The math is wonky, but Wifey and I spent $1M this year (including the 620k in loans initiated) - 700k house, 60k taxes, 70k boat, 40k car, 60k to finish attic, 50k stocks, 36k 401k...#opp.ofhumblebrag", "post_id": "59970586df02e600100c093c", "reply_count": 22, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
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The math is wonky, but Wifey and I spent $1M this year (including the 620k in loans initiated) - 700k house, 60k taxes, 70k boat, 40k car, 60k to finish attic, 50k stocks, 36k 401k...#opp.ofhumblebrag

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$110K in depreciating assets and $620K in new debt. Nice work

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Mine grew by 6 inches this year

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#EconomicSlavery #FIRE

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Lol you may think this is a humble brag, but on the surface, this really just makes you look like a person who isn't financially savvy. Enjoy working until you're +60.

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Uh, cool. Assuming your wife makes a similar amount of money, you spent more than you earned this year!

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Also, why are you considering money invested in a brokerage acct and ur 401ks as money spent? That's savings...

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It's amazing how bad otherwise successful people are with their money

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I spent 650k on my house a few years ago op when I was a senior it's now worth 1.2m = I win

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The math is indeed wonky. You need more clarity on savings/investment vs spend vs debt vs equity.

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Is this this the kinda stuff you do when you don't have friends?

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You paid cash for all that?! Wow. Also, 60K taxes on a 700K house? Or are you including all the taxes you paid this year?

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Haters all over

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You didn't spend 620k...you're just in debt for possibly the next 20 years

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Nice

Your wife a sugar momma?

EY 2...what area? Tell us your secrets.

...his hashtag is "opposite of humble brag".

No secret, the Bay Area is crazy

Need to know your wife's income in order for math to work out because as a Senior Manager, you're at max making like $250K which is $160K after taxes

EY3 SMs cap out that low at EY?

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