How to be a secret UPS Millionaire

[Wally]

To each their own. I don’t want to be wealthy when I’m 55.

I think the OP's post is more about the power of thrift.

 

[Brownwind]

Wait a second…. It’s not Visa, Master Card and Amex???

 

[Brownwind]

A thread on what people are seeing out here to become aware of growing our personal energy as dependable workers. (Not meant to be advice just a collection of stories)

“Put $100 a week in a S&P 500 fund.
At an 8.5% return.
For 35 years.
You’ll have $1,047,000.
Set up automatic deposits and this requires ZERO time.
And in a Roth IRA you’ll pay ZERO capital gains tax.”
-Cade

I tell all the new guys to put twenty bucks a week in a coffee jar and after a year you have a grand. First raise put an additional twenty bucks in the 401k. Then next raise put twenty bucks in the stock program.

Sounds like it’s only sixty bucks and not enough but when you’re starting out you won’t miss it. In five years you got your nest egg and a good start on your retirement. Adjust when you get top rate

 

[UnionStrong]

Under the assumption that prices for everything will continue to rise this is true. I personally believe the economy is at a breaking point and an eminent Stock Market Crash is upon us.

a million bucks in 35 years won’t be enough to retire on.

 

[UnionStrong]

I just woke up (out on injury) and read this as an eminem stock market crash... I'm going back to bed.

Marshal Mathers is a diabolical genius…

 

[sailfish]

The jokes write themselves at this point.

 

[Sacrificial Lamb]

For 35 years.You’ll have $1,047,000.

That’s a lot of lottery tickets I could buy.

 

[IVE GOTTA PACKAGE 4U]

That’s a lot of lottery tickets I could buy.

Do you even have $100?

 

[UnionStrong]

Do you even have $100?

Probably not.

 

[Brownwind]

Marshal Mathers is a diabolical genius…

Can’t forget Kanye. Pure genius. Just ask him.

 

[Sacrificial Lamb]

Do you even have $100?

Probably not.

 

[anonymous23456]

A thread on what people are seeing out here to become aware of growing our personal energy as dependable workers. (Not meant to be advice just a collection of stories)

“Put $100 a week in a S&P 500 fund.
At an 8.5% return.
For 35 years.
You’ll have $1,047,000.
Set up automatic deposits and this requires ZERO time.
And in a Roth IRA you’ll pay ZERO capital gains tax.”
-Cade

Thank you. Further explanation.

Your total take-home pay per month: X
Your rent/mortgage: M
Your internet bill: A
Your phone bill: B
Your car insurance bill: C
Your electric/gas bill: D
Your grocery bill: G
Your child support or alimony: OhNo
Your total amount of money left over after subtracting all above: Y

X - M - A - B - C - D - G - OhNo = Y

Finally:
Y - 400 = What
What should not be negative number.

 

[Over70irregs]

3 a day at Starbucks is $1,100/yr.

Eliminating a $400/mo car payment is $5,000/yr.

Earning an extra $250/week from job/side hustle is $13,000/yr.

When people focus on $3 decisions instead of $5,000-$13,000?

 

[Over70irregs]

I just woke up (out on injury) and read this as an eminem stock market crash... I'm going back to bed.

Maybe this helps?

 

[Over70irregs]

Trying to save more $ to afford taking more days off.
Quick money saving tip:
Change your car’s oil yourself.
-DIY oil change: $65
-Mechanic oil change $130
-Instant 50% savings by DIY

 

[UPSER1987]

Quick money saving tip.
Post on BC non stop. You’ll have no family or hobby to spend money on.
100% savings.

 

[catstalking]

View attachment 467458
Stop acting like these never recovered within a year, let alone weeks
It's the most reliable investment in history

unless a civil war happens

 

[HEFFERNAN]

unless a civil war happens

No civil war is happening
WTF are you smoking

 

[IVE GOTTA PACKAGE 4U]

No civil war is happening
WTF are you smoking

Look at Texas.

 

[HEFFERNAN]

Look at Texas.

Political saber rattling
Election year BS