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25Y Male making over $250K+ annually. Still stuck. Help?

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Re: 25Y Male making over $250K+ annually. Still stuck. Help?

#42

Post by gaius »

gdubs wrote: post #37
davidu wrote: post #8

He doesn't understand how to be happy or satisfied. He needs a therapist. I think most people do, they underestimate the value of having an independent sounding board to help work through these kinds of feelings. His expectations are either unrealistic, or he's surrounded by people who are always doing better, despite him doing well, which makes him seem like a failure. He has the luxury of those feelings. Silicon Va…

As an alternative to therapy, he could also take up yoga/meditation. Bonus: it can be done for free.

Not the same thing. The value of a therapist is bouncing ideas off them without them judging you.

Re: 25Y Male making over $250K+ annually. Still stuck. Help?

#45

Post by codva »

He's 25. His life isn't even 1/3rd done. It's pretty rare to even know what you want to do at that age, let alone have actually accomplished it. What your friend needs is some perspective on just how great he is doing. However, I don't have an answer on how he gets it. A lot of it comes maturity I think.

Re: 25Y Male making over $250K+ annually. Still stuck. Help?

#46

Post by frankphilips »

epipsychidion wrote: post #14

What kind of job pays a 25 year old 160k with flexible hours? Genuinely curious.

He worked his ass off in an I.T firm, became good friends with the CEO...and helped grow that company. He made Director in 2 years. I think what bothers him is that he busted his ass to make that company big, and made his boss SUPER wealthy. So although he's making good money, if it was his own firm, he would've been a millionaire by now.

Re: 25Y Male making over $250K+ annually. Still stuck. Help?

#47

Post by briandw »

tomrod wrote: post #18

There are a number of things to consider. Finding accomplishment in life is something many struggle with. Perhaps your friend would feel some accomplishment by: * Mentoring new startups * Mentoring disadvantaged youth * Religion * Community service/projects * Becoming involved in local government service * Horticulture * Woodwork/old car restoration/old computer restoration * Adopt an elderly neighbor as a "grandpare…

Religion: How is a faith system i.e. "pretending to know things that you don't know" going to help? Community is a good thing, sure. But how does faith help?

Re: 25Y Male making over $250K+ annually. Still stuck. Help?

#48

Post by justinsteele »

frankphilips wrote: post #33
PaulRobinson wrote: post #23

When you earn a decent wage, most people assume you're set for life, however you're not. In fact, it can cause problems that most people can't perceive. Firstly, you tend to live within your salary terms: you get a nice home, you spend a little more on the luxuries of life and you find each month that you don't have quite as much left over as you would expect. You don't need to be showy for this to happen. I know peo…

Paul, I think this is where he fits in. When him and his wife were making only 40K combined, they carpooled to work, lived in a 700sqft apartment, barely went out, etc. Now that they got some money, they bought a decent house ($250K), 2 cars, and they started paying off loans etc. He said even though they make $250K, his monthly expenses are over $7-8K. His whole thing is that he wants to be "financially free". I thi…

Even at 8k a month, he should be putting away 50-75k a year. That alone is a pretty impressive rate. It definitely sounds like he needs to figure out what "financially free" means to him, and realize it generally is impossible to reach that in a couple years. He should be happy with how quickly he WILL reach that.
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