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If you've built up a 1.2M / year lifestyle on a 1.2M / year income you've made some terrible mistakes, I doubt some internet advice is going to solve that.


>If you've built up a 1.2M / year lifestyle on a 1.2M / year income you've made some terrible mistakes

You'd be surprised by people's poor spending habbits. Aquitances of mine when they got their first SV job out of college at Facebook, they immediately bought brand new Porsche 911's.


I know, that's easy to laugh at. And new army recruits spend their "signing bonus" on (so-called) muscle cars like the Mustang and Charger.

I think a token of "I've made it!" is fine. Maybe we all need that once in our life.

The problem is if it persists. (Worst, if somehow gambling, etc. becomes involved.)


>And new army recruits spend their "signing bonus"

You get a signing bonus for the US militrary? Damn that's pretty sweet.


Only if you can’t afford it. If you’ve built up income streams to support it you’ve made a bunch of great decisions and inter generational wealth.




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