Re:I’m not saving ninety percent of my income for myself
by travisjungroth on Saturday June 08, 2019 @01:01PM
(#20133513)
I think they’re saying doing the math isn’t hard. Actually doing the saving and earning is a different matter.
Re:I’m not saving ninety percent of my income for myself
by unreal37 on Tuesday June 11, 2019 @12:14AM
(#20152967)
Her and her husband lives, cooks, eats and sleeps in a single room of their house.
They rent out the rest of the house including the living areas and kitchen.
That's some massive sacrifice. That's not luck. That's the willingness to give up massive amounts of comfort in exchange for money.
Not many are willing to do that.
Being able to buy a house and rent it out for more than you pay is /hard/ because it's based on luck. No one in a major tech hub could start and do that right now. Houses in the bay regularly sell for $10k/month in total cost but rent for $5-6k. And then immediately say goodbye to 40%+ of your rental income to taxes. It's just not hard - it's luck.