This NBC Financial Advice Is The Most Out-Of-Touch Garbage You'll Ever See financial advice

100 000……………………………. my whole family combined doesn't make that much

Nice Haircut Arc foreshadowing at the end.

I have zero interest in defending Elon Musk but this meme culture gatekeeping is kind of cringey. Dude can't make jokes I guess. It's all calculated secret plot to appease his weeb underlings.

Ah yes I clear 100,000 a year easy with my Sigma-male grind-set!
(In Turkish Lira of course….)

This isn't a threat of violence, it's a gameshow

Complete garbo

I would like to see Elon Musk to live on the budget of a typical postdoc. You know, with the actual rocket scientist salary.

What about if we strap Elon Musk to a chair, but skip the show or questions part of that?

A swedish politician, Anne Wibble, said that every swed should have at least one yearly salary in their savings. Talk about being out of touch

I don't see anything here thats very unrealistic. Its a frugal lifechoice for someone coming out with over 5k a month after tax. The low rent would suggest living with roommates. The 30 dollar housekeeper would suggest a split cost across those housemates. The guy is 25, hes not running a household, hes sharing with friends.

I can only assume they shared this as the finances of an unusual case and not the norm, a 25yr old on 100k is quite an anomaly.

I cannot imagine how any person, no matter their bias, could see this chart and think "hmm yeah that makes sense".

130 for transport lol

Here is a financial advice: Use your unspend money each month to invest in stocks,bonds or crypto. Deversify as much as u can..both between and within these asset classes and let compounding do it's magic.

Buying and holding Index funds for the long term will be an excellent starting point.

In a capitalist country you use your capital to make more capital.If you can't beat them, join them.

And, if you're more interested in living in the suburbs, you can just buy a nice small 4 bedroom house for 60,000 USD instead.

But don't forget about the additional expenses such as 50 bucks a month for your driver, 15 dollars for your gardener, and 20 for your wife's pool boy.

Internet, transportation, cell phone and house cleaners are the real standouts here. I get shit internet and I have to pay 4 times that amount. That transportation only covers a single subway ride back and forth mon-fri and no weekend rides. Cell phone plans are usually 60 bucks minimum unless you're not doing any data at all. What the fuck world do these people live in.

I’m 19 live with roommates in a 1 story house built in 1965 and I pay around 600 across 4 people lmao these people are so out of touch

This is beyond hilarious. 100k income for 25 year olds? Also despite this in their words being “excellent spending” this monthly plan exceeds the income of a full time $15 dollar an hour worker, you’d bleed over 2k a year on this plan.

I'm not trying to like be rude but when you don't have a lot of money donating your money is not the first thing that comes to mind. Of course middle class or low income people can be altruistic and care about charity but we tend to donate our time than our money. It seems like money doesn't actually make you seem like a better person you just don't actually have to be physically there but just send money and make it seem like you're doing just as much. 😑 I know that because there are many things that I want to donate to but I get paid minimum wage for an on-campus job. It's very telling from who or how they made this budget because usually many donations come with a lot of tax write-offs that they will get right back

Having someone to come in and clean your house is like $125 at the minimum especially if you do it monthly but other chain places cost way more but that's not something most people have like you can maybe save up to get someone to come in and clean your house but beyond that people are cleaning the house themselves

Not only 25 but most Americans don't make that much and these costs are crazy on what they think things cost and we're not even talking about the quality of like you get off of the prices you can afford or can't afford even things that are super expensive can still be ass

I want a show with Musk strapped to a train seat being driven around Europe, and having tons of pleasant locals offering him local snacks. Meanwhile, he watches footage of happy Danish people forking over 50% of their earnings to the tax collector.

I'm sorry, where the fluff is internet $20 a month??!!