My wife and I come from a very humble background and never had too much money growing up. Now, we are in our 30s with kids, and a NW of ~7M. Honestly, we both hate our jobs and would rather be doing something else completely different and as far away from the Bay Area as possible - so, almost definitely won’t pay even close to what we currently make. By any objective measure, we should be able to do it comfortably. We have the cushion of money. But, we just are not able to pull the trigger. We still feel poor mentally, even if we make a 1M+ a year, and the fact that we will be walking away from all this incoming money is making us pause. Ironically, if we weren’t getting paid as much, we would have moved to something else already. In that sense, we really feel trapped by the money. It feels hard to walk away when you are getting paid so much. The money feels like the end rather than the means to an end. No sure how to fix this. It’s in our head obviously. But curious if anyone else has been here and escaped this mindset. If so, how? HH TC ~1.2M HH NW ~7M Edit: I am some anonymous schmo. Why would I need to brag to other anonymous schmos? The high TC is literally the thing causing our conundrum. So, please refrain from commenting on that aspect. I don’t care what you think of my TC.
Tech Industry
6h
1782
I ruined my life
Fitness
13h
787
Is this enough weight for bench press
India
Yesterday
2351
Parents not agreeing to love marriage
Tech Industry
9h
1404
Woman’s offer rescinded due to pregnancy
2024 Presidential Election
4h
482
If You’re Paying Attention, Biden Just Told Us How Democrats Plan to Rig & Steal 2024 Election.
Similar situation, except I’m trapped by lack of money
Rekt
The comment that resonates most with me 😆
Move to a different place for a year or two (midwest or the south), see how you like it...
Weird flex, but ok 👍
What exactly are you going to buy with your current money supply? Sounds like you’re rich in symbols of wealth but dead broke when it comes to actual wealth at this time. That’s fine if there is some end goal that will recuperate all lost quality of life but if all you plan to do with your extra money is retire in some big house I can guess that that will definitely not improve your quality of life.
You are asking the right questions. To be honest, we are not really looking to buy anything big or flashy. I am curious what you mean by “actual wealth”. We have a conception of an ideal quality of life - but that is hard to achieve with youngish kids.
Actual wealth is your day to day life. Do you spend it doing what you love or doing what you hate? nobody really knows what they want but for me, all I suspect I want is a nice beach house, main house within driving distance, good relationships, and a very chill job. That could all change some day but that is my current idea. Your problem I suspect is that you’re so far detached from living the realities that you *do* want right now that you have no idea what it is that you do want, so you keep hoarding money thinking once you figure it out you’ll be able to afford it But if I were in your shoes, I’d be unknowingly living out years of my life in misery for absolutely no good reason. Because all it takes to afford my dream is less than half of what you currently have. Of course all things can change but if it were me I’d immediately buy what it is that you *do* want so that at least you are able to begin deciding if your suspicion about what you wanted was correct; as many people incorrectly guess what would make them happier.
What a flex. Okay. Now go back to making bank. Thanks.
How’s your net worth so high at such early ages are you like 39 or got lucky with investments?
I feel trapped by metamates posting humblebrags on a daily basis
What is Age and Networth distribution - cash, stocks, property, home etc?
Run the numbers. What's your spend, what's the interest/growth rate on your NW, what's your burn down and runway?
I think we should be fine honestly, unless the market crashes catastrophically. Like I said, it’s a mental block. Was curious if someone has overcome that.
Mental block with 7M 🤡🤡 go touch some grass