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09-20-2012, 09:17 PM
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Let's say you make $2,000 a week
Let's say you're 20 years old and make $2,000 a week without working a 9 - 5 through some sort of online business
This $2,000 gets paid to your PayPal every Friday and every Friday you transfer that money to your bank account.
What would you do? Go on a shopping spree? Save up for something...a car, maybe? Invest it into a project that'll keep making you money? Or just save it for when you'll need it.
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09-20-2012, 09:17 PM
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#1
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Let's say you make $2,000 a week
Let's say you're 20 years old and make $2,000 a week without working a 9 - 5 through some sort of online business
This $2,000 gets paid to your PayPal every Friday and every Friday you transfer that money to your bank account.
What would you do? Go on a shopping spree? Save up for something...a car, maybe? Invest it into a project that'll keep making you money? Or just save it for when you'll need it.
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09-20-2012, 11:04 PM
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I'm bored, and since nobody liked your thread, I'll at least answer you:
First off: Though 2k a week is more than what I make, it's not some ungodly sum, well, maybe to a 20 yr old it is.
The geek answer:
28% is going straight to federal taxes ($560).
6% is going to state taxes ($120)
so you're at $1320 a week, or 5280 a month.
Rent ($800) Electric ($150) Water/Sewer ($75) Car Payment ($400) Car insurance ($150) Health insurance ($300) Food ($400) Gas ($300) Cable/TV/Internet ($100) cell ($50)
Leaves you with $340 a week or $85 a day to spend on oddball stuff.
I'd buy a few things, re-invest in company, live nicer than I do now. but you couldn't really go crazy.
The non geek choice:
Live at home, do cheap Hookers n blow
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09-20-2012, 11:04 PM
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#2
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I'm bored, and since nobody liked your thread, I'll at least answer you:
First off: Though 2k a week is more than what I make, it's not some ungodly sum, well, maybe to a 20 yr old it is.
The geek answer:
28% is going straight to federal taxes ($560).
6% is going to state taxes ($120)
so you're at $1320 a week, or 5280 a month.
Rent ($800) Electric ($150) Water/Sewer ($75) Car Payment ($400) Car insurance ($150) Health insurance ($300) Food ($400) Gas ($300) Cable/TV/Internet ($100) cell ($50)
Leaves you with $340 a week or $85 a day to spend on oddball stuff.
I'd buy a few things, re-invest in company, live nicer than I do now. but you couldn't really go crazy.
The non geek choice:
Live at home, do cheap Hookers n blow
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09-20-2012, 11:15 PM
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^What @ Teek said is although correct... If you have none of those bills.
I would save it.....save save save....generate enough income to start my own business, which for me would be an Entertainment Company.
____we miss you
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09-20-2012, 11:15 PM
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#3
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^What @ Teek said is although correct... If you have none of those bills.
I would save it.....save save save....generate enough income to start my own business, which for me would be an Entertainment Company.
____we miss you
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09-20-2012, 11:22 PM
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@ Teek nailed it. I'm only 19, but realistically I'd be paying for the essentials and saving the rest. Only time I'd be doing extra spending is when I'm out with someone. Oh yea, and the home studio would be a nice investment. Other than that, save.
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09-20-2012, 11:22 PM
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#4
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@ Teek nailed it. I'm only 19, but realistically I'd be paying for the essentials and saving the rest. Only time I'd be doing extra spending is when I'm out with someone. Oh yea, and the home studio would be a nice investment. Other than that, save.
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09-21-2012, 03:53 AM
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Cop A QP of Sour And Bubble Like Im Doing .
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09-21-2012, 03:53 AM
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#5
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Cop A QP of Sour And Bubble Like Im Doing .
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09-21-2012, 09:36 AM
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A QP of Sour & Bubble? I hope you mean a QP of each.
I pay $950 for a QP over here but I know dudes payin $1200
Selling drugs seems like the best thing to do.
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09-21-2012, 09:36 AM
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#6
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A QP of Sour & Bubble? I hope you mean a QP of each.
I pay $950 for a QP over here but I know dudes payin $1200
Selling drugs seems like the best thing to do.
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09-21-2012, 10:42 AM
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you'd be stupid to take legit money and throw it into dope..... thats what we call husslin backwards yo, your shit already legit.... i'd look into investments.... when i was 20 i had a friend with an auction license and we sold a few cars.... shits prolly still a good look.....my point being theres a million things u can do instead of somethin that has any real risk involved, hustling has better profits but more headaches so it cancels out....
personally i had the same shit @ 20.... i was makin tons of money my problem was I didnt invest and I partied....I came out here with 10 stacks an mad clothes.... and I could have done so much more still irks me.... be smart
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09-21-2012, 10:42 AM
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#7
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you'd be stupid to take legit money and throw it into dope..... thats what we call husslin backwards yo, your shit already legit.... i'd look into investments.... when i was 20 i had a friend with an auction license and we sold a few cars.... shits prolly still a good look.....my point being theres a million things u can do instead of somethin that has any real risk involved, hustling has better profits but more headaches so it cancels out....
personally i had the same shit @ 20.... i was makin tons of money my problem was I didnt invest and I partied....I came out here with 10 stacks an mad clothes.... and I could have done so much more still irks me.... be smart
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09-21-2012, 10:47 AM
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@ Phil Banks is right on that auction shit. You go in with someone that's licensed and you could clean up on just doing estates n shit on percentages.
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09-21-2012, 10:47 AM
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#8
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@ Phil Banks is right on that auction shit. You go in with someone that's licensed and you could clean up on just doing estates n shit on percentages.
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09-21-2012, 11:12 AM
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2,000 a week not that much money.
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09-21-2012, 11:12 AM
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#9
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2,000 a week not that much money.
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09-21-2012, 11:20 AM
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lol @ not that much thats like 8 a month yo.... its good money.... dude almost getting 6 figures a year... if it's legal money it's a very good look....@ Krhyme Killz you buggin
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09-21-2012, 11:20 AM
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#10
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lol @ not that much thats like 8 a month yo.... its good money.... dude almost getting 6 figures a year... if it's legal money it's a very good look....@ Krhyme Killz you buggin
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