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by thaumasiotes
4465 days ago
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> Get a 9 to 5 six figure job. > Next, live like a pauper, saving 60-70+% of that income. I had a job in San Francisco with a baseline salary of $90k and total cashlike compensation (stocks / annual bonus) raising it just over $100k. Low end, but that's six figures. Largest single item on my budget: taxes, at roughly 35% of my pay. Saving 70% of my nominal "income" would have been grossly illegal. |
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Still, it's kind of hard. Usually places with six figures jobs tend to have high rents.
I'm nowhere near that figure, and more than a fourth of my monthly net income goes towards paying the rent.