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by thaumasiotes 4465 days ago
> 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.

1 comments

He probably meant 60/70% of that income after taxes.

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.