How I got wealthy without working too hard

Re:How I got wealthy without working too hard by Mikeb85 on Thursday November 18, 2021 @12:19PM (#29267897)

> Working a $150K job for 7 years isn’t really a recipe for getting “wealthy”

It definitely is if you live in a LCOL area of an EU country. The author mentions he's Italian. So he gets health care and shit for free while being based in a country where it's very easy to live cheaply if you stay out of the big cities.

Definitely possible to save a ton of money while living well in those conditions.

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Re:How I got wealthy without working too hard by nickpp on Thursday November 18, 2021 @01:02PM (#29268424)

> he gets health care and shit for free

Not free - he's (probably) paying taxes on that remote income, and the maximal rate is rather high in those "shit for free" countries.

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Re:How I got wealthy without working too hard by jokethrowaway on Thursday November 18, 2021 @01:20PM (#29268649)

Taxes in Italy are absolutely insane.

You'd be better off moving to some other country with lower taxes, shitty public healthcare and then pay for a good private healthcare.

The cost will be a fraction of a good US private healthcare (the high cost is the main problem of US healthcare, not who's financing it).

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Re:How I got wealthy without working too hard by etergri on Friday November 19, 2021 @04:55AM (#29275516)

Finally some good sense. Do you live in Italy by any chance? You didn't write the usual bullsh1t like "italy has a good social security net / good and free healthcare / you live well with few money" so I'd be surprised if you were a foreigner.

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Re:How I got wealthy without working too hard by Mikeb85 on Thursday November 18, 2021 @01:14PM (#29268577)

In his income bracket the tax rate in Italy is only 7% higher. And you can find pretty nice places to live in Italy with a COL similar to the rural US.

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