High-income ≠ wealth. I teach executives & entrepreneurs how to escape the paycheck-to-paycheck trap and build real financial freedom.
United States
Joined November 2011
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Remember when people were saying the banks would fail if Silver went above $70 so the wizards would conspire to prevent Silver from going above $70. 🤦🏻♂️
Things that didn’t happen for $1000, Alex
Financial Street retweeted
M2 Money Supply has tripled since 2008 and the dollar has lost 38% of its purchasing power. Anyone see a relationship here?
This is how it works in theory. Fractional reserve banking is a bit more evil.
Reality is too many high income earners are living paycheck to paycheck and can only dream of doing this.
Time to get off the treadmill.
Dude one of my co workers just got up and quit mid meeting. Dropped call, starting packing up his desk. Got up, left his laptop and badges behind and Irish goodbye’d the office #BeastMode
Poor people get told:
“Work smart, not hard.”
True.
But you have to work hard first to learn what smart even looks like.
This explains so much of the political discourse in our country. Hard working people have been punched in the gut.
We shifted from record reverse repos to repos seemingly overnight.
Prime-age labor force participation (25-54) just jumped to 84.1% :: the highest level since 2001. Strongest prime-working-age attachment in over two decades. Labor supply is looking healthier than many think.
Multi-generational housing is the future.
The year is 2026. The average American home is 2,400 square feet and has 3.1 bedrooms, but only 2.5 people living in it.
This is the paradox of US housing. We have plenty of raw land while still having an affordability problem.
Older homeowners are aging in place in 3-4 bedroom homes they bought for $150k.
Young families can't afford to buy a home half that size in undesirable zip codes.
There's only one solution and that's to increase supply in places people want to live.
But how do we incentivize developers to do so?
Financial Street retweeted
Must work for the government. Normal people in the private sector do not get all of these holidays.
2026 has 15 long weekends if you use your PTO right:
Jan 1-4 (4 days) - 1 PTO
Jan 17-20 (4 days) - 1 PTO
Feb 13-16 (4 days) - 1 PTO
Apr 3-6 (4 days) - 1 PTO
May 22-25 (4 days) - 1 PTO
Jun 19-22 (4 days) - 1 PTO
Jul 3-6 (4 days) - 1 PTO
Sep 4-7 (4 days) - 1 PTO
Oct 9-12 (4 days) - 1 PTO
Nov 7-11 (5 days) - 2 PTO
Nov 11-15 (5 days) - 2 PTO
Nov 26-29 (4 days) - 1 PTO
Dec 23-27 (5 days) - 2 PTO
Dec 25-28 (4 days) - 1 PTO
Dec 30-Jan 3 (5 days) - 2 PTO
Never let a job make you feel bad for using PTO
Too much debt and out of control spending. I help high income earners get out of debt.
40% of those earning over $300k are living paycheck to paycheck, per Goldman Sachs, $GS.
FICA explained very well.
Another myth I'd like to see busted:
The myth that your employer pays half of the payroll tax for your job.
The truth is that you don't pay 7.65%, you pay the whole 15.3%. The employer is just the one who sends the money in.
From the employer's perspective, the total cost to employ you is what matters. Whatever mix of wages, benefits, and taxes it comes from is irrelevant. If supply and demand for your role settles out at a $100,000 total price (maybe 60k wages, 90k benefits, 10k taxes), and then the employer's payroll tax goes away, the new cost to employ you is now $90,000.
Not immediately, but over time, because the value to your employer is still $100k, employers will bid up the price (in wages or benefits) of your role until the total cast is back to $100k, and you would directly receive that additional money. This is econ 101.
Therefore, despite the employer cutting a check for half, the employee bears the cost of the entire 15.3% payroll tax.
