Search results

@marbewpi No one wants to work blue collar, their is a shortage of tradesmen and the average age of people doing the work is increasing. People want to be “influencers” or other jobs these days that is just typing on a keyboard all day instead, which is most susceptible to A.I takeover. My...

@resjudicata If you want to be safe from AI then be a blue collar worker. ChatGPT isn’t going to plumb and wire a new construction house from scratch anytime soon

@scientartist Or just copy Nancy Pelosi trade for trade and beat the market every time

@adebamigbe A friend of mine is a Mac Tools Franchisee and owns one of those big tool trucks that’s goes shop to shop selling directly to mechanics etc He spent the first 5 years as an owner operator, if he wasn’t working then the truck wasn’t moving and he wasn’t making money, it was 100%...

@kereena I would argue that I’m not trying to keep up with anything - when you remove daycare from the equation we are at a 55/25/20 ratio which is near perfect to the 50/30/20 guidelines (and that’s with a 15yr mortgage which obv inflates the needs value) We are comfortable but I’m not...

@phil4508 Yeah I mean I wouldn’t really call it financial ruin, we could always pull from our 401ks in an emergency situation and go for a couple years, I meant just zero income and drawing right from the checking account type of scenario

@kereena Your missing some pretty important data We have a very aggressive 15 year mortgage on our home versus the standard 30 year that most people get - which means we will be mortgage free in our 40s, which is great, but in current day it’s a big expense We have two kids and daycare by...

@refugeandstrength23jk I guess I have the general notion that “working for the man” and just getting 3% yearly raises for the rest of your life isn’t going to make you financially independent We bring in roughly 230k household income a year and very very much live what I would consider middle...

Hey folks - some great discussions going on here and wanted to branch off into another topic that was brought about by a prior conversation — When it comes to income classes (lower / middle / high) - many people have stated that the difference between middle class and high class is that...