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Old 01-05-2021, 04:25 PM
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
13,072 posts, read 7,508,849 times
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the 1st dollar saved will make you more money than the last 5 dollars saved.
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Old 01-05-2021, 04:33 PM
 
Location: So Cal - Orange County
1,462 posts, read 973,293 times
Reputation: 1896
Quote:
Originally Posted by Mr. Zero View Post
$100k on several "nice" watches, or $100k on one nice watch?
A couple of nice watches.
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Old 01-05-2021, 04:35 PM
 
19 posts, read 13,938 times
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Quote:
Originally Posted by leastprime View Post
the 1st dollar saved will make you more money than the last 5 dollars saved.
True
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Old 01-05-2021, 04:40 PM
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
13,072 posts, read 7,508,849 times
Reputation: 9798
my watch I got from pawn shop and factory repair:
Citizen Eco-Drive E812-S005531 Solar, Perpetual Day-Date, Alarm, Chronograph. Gold tone. $350, everything included with new movement. My Xmas present from me.

I think you are doing fine. Perhaps you could be invested more.
Congratulations, you are far ahead of most 30 yo. Kick up your game another notch and invest that gain and you could be set.

Last edited by leastprime; 01-05-2021 at 04:48 PM..
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Old 01-05-2021, 04:40 PM
 
Location: Tricity, PL
61,713 posts, read 87,123,005 times
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Quote:
Originally Posted by CGate187 View Post

Someone asked me about my debt. The 350K to 400K is after my debt (just have a very low interest rate on my fiancees car so I didn't want to pay cash)
I meant credit cards debt, education debt, house or car payments etc.
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Old 01-05-2021, 04:43 PM
 
19 posts, read 13,938 times
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Quote:
Originally Posted by elnina View Post
I meant credit cards debt, education debt, house or car payments etc.
The 350 to 400K is after all the debts
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Old 01-05-2021, 04:45 PM
 
4,717 posts, read 3,268,177 times
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Quote:
Originally Posted by raggedjim View Post
Great first post! When I was your age my entire net worth was in hard currency, under the back seat of my Camaro, in the form of sticky nickels and dimes.

Get a grip, Rg
I wasn't quite that bad at 31 but I'd just had my son and was married to a man with exquisite tastes but not the income to support it. He was unemployed the last 5 years of the marriage and we lived in a HCOL area (Bergen County, NJ). Saving was a real struggle even though I had a very good FT job. So, you have plenty of time to change your ways. I'm 67, very comfortably retired and have a 98% chance of NOT outliving my savings according to my financial advisor's models.

No preaching from me on jewelry- I own a vintage Rolex and a lot of other bling. I also travel in the pointy end of the plane on long hauls.

It sounds like your biggest regret is gambling. Can you cut back on that? I'm not into it but some people who are set a limit on what they'll lose on one trip and then do a very good job of getting the heck out when they hit their limit rather than sticking around and trying to win it back. Or are you addicted to the whole VIP treatment thing at the casinos? I've stayed at places with casinos and have seen how they treat their biggest losers...I mean customers.

And does the GF need to be treated THAT much? A luxury SUV? Dayum. Are you spending on that level because those are her priorities or because it's an ego thing for you?

$150K/year form selling cars. Remind me to drive a harder bargain next time I buy one.
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Old 01-05-2021, 04:46 PM
 
Location: Tricity, PL
61,713 posts, read 87,123,005 times
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Quote:
Originally Posted by CGate187 View Post
I think I paid 4400 for mine. Not crazy


I'm also not crazy on cars. I have a luxury sedan I paid 30K for it. I did pay 40K for my fiancees luxury SUV
So, like i said. Those purchases are quite insignificant compared to your earnings. They shouldn't affect your savings much.
So, where the rest of the money go? Several rounds around the world in a private jet?
Eating out can't be that expensive...
You really should do the budget sheet...
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Old 01-05-2021, 04:50 PM
 
Location: Tricity, PL
61,713 posts, read 87,123,005 times
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Why are you trying so hard to impress your GF? Does she work? Would she leave you if you stop pampering her?
You might have deeper problems associated with your spendings...
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Old 01-05-2021, 04:51 PM
 
19 posts, read 13,938 times
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.....
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