r8 my budget

>>1727118
youre poor and probably gay

>>1727128

Poor yes gay no.

>>1727118
Income £1,100 per month
Taxed about £80
NI is about £80
Shares plan £100
Petrol £100
Food £100
Rent (to parents) £200
Help to buy ISA £200

The rest into bitcoin. Lol

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>>1727118
>Car payment
>Student loan
>401k
Geez anon, it's like you want to be poor. Stop saving for rainy days and pay off your debts quicker. Don't succumb to Jewis usury. And 401k's are for old people, do something else with that money and r8 me senpai.

All monthly. Before tax ;)

Income: $20,000
Car Insurance: $300
Rent + Utility: $2,000
Food: $1000
Replenishing inventory: $10,000
Savings for next business: $2,000
Lamborghini fund: $2,000
Leftover money to spend on designer clothing and blow: $2,000

Numbers might be a little off (rounded)

>>1727156

wtf I hate 401ks now

OP, what is the interest rate on the student loan? If it's in excess of 4-5% you're an idiot for putting money into other savings accounts instead of taking the guaranteed return.

Social $328,77
Eating out $164,38
Grocery $123,29
Transportation $82,19
Liquor $24,66
Household/Misc $98,63

Then rent+utilities are around $1500, I have a shrink who charges me around $150 per month after the insurance settles out, and that's it.

>>1727187
Oh, I bring in $7000 after tax and save around $5000 of that, almost entirely in tax-advantaged retirement accounts, which I can draw down whenever I need, penalty-free, using standard tricks if I need the money.

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>>1727156
>Lamborghini fund
>Leftover money to spend on designer clothing and blow


>income $20k before tax
>expenses: $19.3k

I give you a bait/bait

>>1727156
Are you familiar with the term "hedonic adaptation"?

Also if you're making $20k before tax, even maxing out a solo-401(k) and deducting all your rent as a business expense (neither of which you indicated that you're doing) would leave you paying over $4000/mo in taxes, so it sounds like you're going deeply into debt to me.

>>1727156
>loaning is usury
Fuck off, kid

>>1727187

4-6.5% but it's more cost effective to put $1000 into a 401k now than to put an extra 1000 towards loans.