What age to be a millionaire?

[seeth07]

For reference, I have 3 credit cards. I just checked rewards on one of them, and I have earned more than $3,000 in rewards on it since I opened it up in 2020.

I've never carried a balance on any of them.

In 2023, we received $1547.24 in Amazon credit for the Amazon card we use on everything.

Thank you states for making us float the tag fees, 10s of thousands of dollars on the card, paid off and then returned. With the perk of getting cash back from them.

 

[Deleted member 52098]

I have lots of issues, one being I can't wait for my monthly statement. I check my account weekly and just pay pay it electronically plus a few bucks. Not unusual to be in the black on my CC statement. Like I said, issues.

I'm the same with my biz credit card; a couple of years ago I needed to pay for something for my client and I needed every single cent of available credit for it... decided to start doing it weekly after that

 

[Deleted member 28227]

What is a "Professional School Degree"?

JD - Lawyer
MD- Doctor

 

[noharleyyet]

JD - Lawyer
MD- Doctor

BrentD

 

[thomas89]

Alright enough of this. Let’s quit talking about it and be about it.

Post those statements so we sort out the privileged!

#eattherich

 

[Wind Gypsy]

I’ve had three conversations with people with good credit tell me they never pay for airfare by using CCs to earn points. They pay off the cards every month. Demographics of the people are similar and I believe they are paying off the cards.

I don’t use CCs so I was a little stunned. Am I missing a perk I should chase or to hell with CCs? I haven’t run out to get a perk CC yet nor had the conversation with my wife.

Yes, you are missing a perk. Hell, you have a leg up on the long time CC holders because there are often big intro bonuses to signing up for a new card that is equal to a lot of spending on a card. There's a lot out there on CC "hacks" where people sign up for credit cards largely for the intro bonuses use the min amount needed for such bonuses, cash in, and before long cancel the card and open another one with a good intro bonus. So i'd look for options that are using bonuses to attract new card holders as much as I would just how points work once they already got you.

I have friends that have had a lot of flights and vacations paid for by such hacks without even spending that much $ on a card. Yes, opening/closing accounts can cause little hits to your credit score but one friend in particular who has done this still has an 800+ credit score so the little hits dont seem to stick around long.

 

[thusby]

 

[RobG]

You guys need to go fishing.

 

[cgasner1]

You guys need to go fishing.
View attachment 317243

 

[Irrelevant]

You guys need to go fishing.
View attachment 317243

who the hell eats rainbow trout? I think I'd rather eat a carp.

 

[RobG]

who the hell eats rainbow trout? I think I'd rather eat a carp.

lol, I’m after walleye and keep getting these trash fish. I’ll smoke them.

 

[Irrelevant]

lol, I’m after walleye and keep getting these trash fish. I’ll smoke them.

Can't throw 'em back? I tried smoking them and still can't choke them down.

 

[RobG]

lol, I’m after walleye and keep getting these trash fish. I’ll smoke them.

Well, a “fun sized” one. I guess I’ll take it.

 

[RobG]

Can't throw 'em back? I tried smoking them and still can't choke them down.

Then you are doing it wrong or got bad fish. They are excellent.

 

[TOGIE]

Yeah geez we grew up eating rainbows on practically every backpacking trip we went on. I’ve always found them fantastic

 

[brymoore]

Well, a “fun sized” one. I guess I’ll take it.
View attachment 317249

Better eats

 

[Irrelevant]

Yeah geez we grew up eating rainbows on practically every backpacking trip we went on. I’ve always found them fantastic

Rainbows =
Brookies =
Literally every warm water fish =

 

[TOGIE]

Rainbows =
Brookies =
Literally every warm water fish =

I dunno man, I think rainbows are plenty fine table fare. But I also drool over mule deer so heck if know

 

[Nick87]

Absolutely.

but for every person that didn't that makes 250k there

Absolutely.

but for every person that didn't that makes 250k there are far more than 1000 that won't break 80k.

A top 1% college grad makes $470k a top 1% HS grad makes $200,006

View attachment 317121

Income by Education: Average, Median, Top One % in the US

See income by education achievement in America. How much more college degree helps earn over high school, or versus dropouts.

dqydj.com

View attachment 317119

Research Summary: Education and Lifetime Earnings

Social Security Administration Research, Statistics, and Policy Analysis

www.ssa.gov

View attachment 317120

COE - Annual Earnings by Educational Attainment

Looking at the averages for HS/vocational vs bachelors. What would the value be of not having any student debt Plus an additional 4 more years of earning money and contributing to your retirement in your 20's? I know it certainly doesn't close that gap but it's something to consider.

 

[Hem]

Rainbows =
Brookies =
Literally every warm water fish =

What's your best carp recipe?