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A comment on Diamonds Suck (2006). Parent comment

Re:Diamonds Suck (2006) by theunixbeard on Wednesday May 30, 2018 @11:41AM (#17188600)
Are you an entrepreneur with a profitable business or successful exit?

If not, 30K might represent 6-12 months of personal runway to build your own business.

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Re:Diamonds Suck (2006) by charlesdm on Wednesday May 30, 2018 @12:02PM (#17188817)
He's not going to buy his wife a $30k engagement ring if he's earning $30k a year...
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Re:Diamonds Suck (2006) by theunixbeard on Wednesday May 30, 2018 @01:17PM (#17189546)
You don’t save 100% of what you earn.

50% is considered very good, but in consumer focused America some people might save only 10% of their income (thus for a 100K income to save 30K represents 3 years of savings obliterated).

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Re:Diamonds Suck (2006) by throwawaymath on Wednesday May 30, 2018 @12:37PM (#17189162)
Successful exit.
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