>>62548121How has 500k changed your life?
>>6254812150k is life changing moneyhell 5k'd help a hell of a lot
>>6254812110$ is life changing money
>>62548132dont be stupid fucking NIGGER. 500k is >debt free>EASILY manage almost ANY emergency expense (except for unlikely extreme chronic life threatening illness situation and the like)>low mile used vehicle that will last 10+ years >paying for vocational training in full, including a 4 year degree>can literally life off it without working for a couple years
>>62548132For a normie it means buying a house full stop and reducing the biggest expense they have. If a 1/3 to half your paycheck gets spared now suddenly your lifestyle can drastically change with the same income.
>>62548207>A couple of yearsBruh
>>62548121If you are in debt with interest above 8% then the balance due is life changing money. I sold like 30% of my crypto in 2021 to pay off $25k of debt and start an IRA. Wish I had sold it all but it really did change my life. With no debt I was able to save for an emergency fund. I then took a chance at a job offer in another area with my emergency savings as a buffer. I can now save almost $30k a year between 401k and IRA.
>>62548121I have about 4M net worth and it gives me a lot of headaches still. Until you dont reach 20M you wont stop worrying about money.
Bro I have 5m and I still have to budget for shit, 500k is nothing
I have 6m and it’s still not life changing money, still have to work still can’t retire, my life hasn’t changed from when I had only 500k
>>62548538>>62548543oh fuck off5-6M in a bank pays like $250-300k/year in interest without even touching the principle, dont even need to have it invested in anythingshut the fuck up bitches
>>62548121500k is retirement money
