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Old Jun 03, 2020, 02:08 PM
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Member Since: Dec 2017
Location: Eastern, USA
Posts: 9,741
Quote:
Originally Posted by divine1966 View Post
If he wants nicer apartment, he needs to make more money.

I’d not wait till next time. I’d not necessarily tell him about it in exact term “sugar mamma”-though it’s tempting, but I’d tell him that if you will make that much, you’ll be putting it aside for XYZ needs.

Do you intend to make over 100k? Good for you. If you make that much or even close to that you can put big chunk away for retirement. Not waste on rentals. He isn’t practical

Well it’s ok if people make less if their career isn’t lucrative. My nephew makes 120k straight out of college at 23 and I will never make 120 simply because my career doesn’t pay that. My salary hits a ceiling. So I guess if one person makes more it’s ok, but it gets tricky when the one with much lesser salary expects things given to them.

I think it’s time to discuss budget, retirement and savings and all that jazz. Not exciting talk but it needs to be done
Yeah, agreed. It will come up again, and I will tell him what I am thinking. He is totally not practical.

Yes, I do make nearly 100K... if I can get a Director level role, I could make a lot more. So my plan with that money is to pay off ALL debt first, then to start saving about 3-4K per month for retirement. If I make to the VP level in my field, I can make a ridiculous salary and put away even more. That's my goal. At least right now. Or I start consulting eventually and make $500 an hour, which is totally feasible in my field.

I am not bragging about money either. This is just where I am and what my goals are. If he makes less, that's ok, but he cannot demand that I spend more. Nooooooooooooo, that is NOT OK. He needs a wake up call.
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Thanks for this!
giddykitty