Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Single Guy Budget Review"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]09:57 here. I was in a similar position to you around your age. I was making $100k/year and didn't really have a lot of expenses because I worked so much. I barely went out, and so my main bills were my mortgage and car payments. I saved a lot only because I didn't have time to spend the money. Clothes shopping became show up at a nice store, tell the people to pick stuff for me, and hand them my credit card without even looking at prices. (Easier for men to do this since in general mens' clothes aren't that pricey.) I think your financial situation is perfectly solid. You have a nice stable base of savings, which is good as your income is probably "lumpy" (irregular), like mine is now since I own a business but dont' take a salary from it (annual profits instead). You may find it worthwhile to get a financial planner. Usually, the minimum of managed assets is $500k, but they often bend this for younger people where the potential is there going down the line. There are plenty out there to manage money, so my only caution to you would be to choose one that doesn't offer investments. In other words, don't use Fidelity since they'll just sell you Fidelity funds, and so on. Pick one where you just pay a fee based on managed amount, and where they don't offer their own funds nor get a cut for recommending some. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics