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Ask HN: What do you consider "making it"?

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Re: Ask HN: What do you consider "making it"?

#42
post #26

Earlier quoted context omitted.

I'm actually living on 15k per year right now. Free time + stuff to do + safety net + support family = ~100k per year. YMMV. But thanks for the good news anyway. :)

It would be cool to learn more about how you budget it, assuming you pay for some kind of housing. My rent is more than $15k/year.

Grad students do this all the time. A friend of mine managed to save $20k in 2.5 years on a grad student salary (~$20K/year).

The secret is really roommates + no car + long walk to mass transit + cheap food. If you're willing to walk about 20 minutes to the nearest T stop, you can get quite a few places in the Boston area for ~$400/month. Eat vegetarian with a lot of rice & pasta dishes and you can probably squeak in under $10k/year, particularly if the university provides health insurance.

Re: Ask HN: What do you consider "making it"?

#43
I have no illusions with myself about wanting to live a comfortable life at $100,000. Making it would be this:

Financially: $1,000,000/Year in passive income.

Socially: The Espada brand being universally recognizable and associated with my name.

Automotivally: Lotus Elise, Bentley, the biggest legal monster truck I can find.

Personally: Having no fear

Some might think this is superficial, though I know precisely what I want and don't apologize for it.

Re: Ask HN: What do you consider "making it"?

#45

Earlier quoted context omitted.

You're right there. All of the retired people I've seen look really old and worn down.

You should meet my Grandparents. My Grandma especially is a firecracker. She's done more this past year than some do in a decade.

> You should meet my Grandparents. My Grandma especially is a firecracker. She's done more this past year than some do in a decade.

Must... resist...

Re: Ask HN: What do you consider "making it"?

#46
"Making it" is a journey of several steps:

1. Realizing you haven't been checking price tags on food or household items for a while now.

2. Making money faster than you can find things worth spending it on.

3. Being well-off without having to work full-time.

4. Being well-off through actively-managed passive income.

5. Being able to sail around the world and come back richer (through passive income, not sea trade nor piracy nor fortune hunting ;).

6. Being able to do what you want, where you want, when you want, without the permission or approval of anybody.

Re: Ask HN: What do you consider "making it"?

#48
post #30

Earlier quoted context omitted.

Thanks Paul - that's how I was defining it. I'm not going to just sit on my ass and watch Southpark. I have a whole list of projects I want to work on, places I want to go, hobbies I want to try.

and watch southpark

swish!

Re: Ask HN: What do you consider "making it"?

#49
post #46

"Making it" is a journey of several steps: 1. Realizing you haven't been checking price tags on food or household items for a while now. 2. Making money faster than you can find things worth spending it on. 3. Being well-off without having to work full-time. 4. Being well-off through actively-managed passive income. 5. Being able to sail around the world and come back richer (through passive income, not sea trade nor…

I like this list :)

I'd be fairly happy at number four already, because I could just decide to go hang out in various countries for x months at a time without having to worry about money.

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