Areeba Asad
706 Δημοσιεύσεις
Areeba Asad
i didn’t get a manual either. so i started writing. money, life, crypto 💸
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I called to cancel my health insurance last month.
The rep asked why.
I told her $480 a month with a $6,500 deductible isn’t insurance.
It’s a subscription to the illusion of being covered.
I pay $5,760 a year before they cover a single dollar of anything serious.
She went quiet.
Offered me a lower tier plan.
$390 a month. $8,000 deductible.
I hung up.
$LAB
The rep asked why.
I told her $480 a month with a $6,500 deductible isn’t insurance.
It’s a subscription to the illusion of being covered.
I pay $5,760 a year before they cover a single dollar of anything serious.
She went quiet.
Offered me a lower tier plan.
$390 a month. $8,000 deductible.
I hung up.
$LAB
Bro you good? You never come out anymore.
Roth IRA: $94,832.17
Index funds: $312,445.88
Checking: $18.43
Yeah I’m good.
$DRIFT
Roth IRA: $94,832.17
Index funds: $312,445.88
Checking: $18.43
Yeah I’m good.
$DRIFT
My boomer dad went to college for $500 a semester in 1974.
Got a job the same month he graduated.
Paid off his loans in 8 months.
Bought a house at 24.
Told me college was the only way.
I took out $67,000 in loans.
Graduated into a recession.
Spent 3 years applying to jobs.
I'm 29.
Still paying.
He still thinks I'm not trying hard enough
Make it make sense.
$LAB
Got a job the same month he graduated.
Paid off his loans in 8 months.
Bought a house at 24.
Told me college was the only way.
I took out $67,000 in loans.
Graduated into a recession.
Spent 3 years applying to jobs.
I'm 29.
Still paying.
He still thinks I'm not trying hard enough
Make it make sense.
$LAB
You'd need to be paid $10,000 a week to have the same spending power as a kid working at McDonald in July of 1971
The math says it's that bad now
$LAB
The math says it's that bad now
$LAB
At 20 I thought:
- The $8,000 Rolex was cool
- The $70,000 Mercedes was cool
- The giant yacht party was cool
At 35 I now realize:
- 6.25 whole Bitcoin is cooler
- Gym at 10am on a Tuesday is cooler
- Having a relationship with God is cooler
Success looks different with age.
$LAB
- The $8,000 Rolex was cool
- The $70,000 Mercedes was cool
- The giant yacht party was cool
At 35 I now realize:
- 6.25 whole Bitcoin is cooler
- Gym at 10am on a Tuesday is cooler
- Having a relationship with God is cooler
Success looks different with age.
$LAB
Nobody told you that $200,000 a year would feel like survival.
Take home is $10,500 a month after taxes.
Mortgage: $3,200.
Daycare for two kids: $3,800.
Cars: $1,100.
Groceries: $900.
Insurance: $600.
That’s $9,600.
Gone.
Before a single luxury.
Before a vacation.
Before an emergency.
$200,000 a year and you’re one hospital bill away from panic.
They moved the finish line.
They just didn’t tell anyone.
$SKYAI
Take home is $10,500 a month after taxes.
Mortgage: $3,200.
Daycare for two kids: $3,800.
Cars: $1,100.
Groceries: $900.
Insurance: $600.
That’s $9,600.
Gone.
Before a single luxury.
Before a vacation.
Before an emergency.
$200,000 a year and you’re one hospital bill away from panic.
They moved the finish line.
They just didn’t tell anyone.
$SKYAI
Nobody told you that $200,000 a year would feel like survival.
Take home is $10,500 a month after taxes.
Mortgage: $3,200.
Daycare for two kids: $3,800.
Cars: $1,100.
Groceries: $900.
Insurance: $600.
That’s $9,600.
Gone.
Before a single luxury.
Before a vacation.
Before an emergency.
$200,000 a year and you’re one hospital bill away from panic.
They moved the finish line.
They just didn’t tell anyone.
$BOB $GUA
Take home is $10,500 a month after taxes.
Mortgage: $3,200.
Daycare for two kids: $3,800.
Cars: $1,100.
Groceries: $900.
Insurance: $600.
That’s $9,600.
Gone.
Before a single luxury.
Before a vacation.
Before an emergency.
$200,000 a year and you’re one hospital bill away from panic.
They moved the finish line.
They just didn’t tell anyone.
$BOB $GUA
Nobody told you that $200,000 a year would feel like survival.
Take home is $10,500 a month after taxes.
Mortgage: $3,200.
Daycare for two kids: $3,800.
Cars: $1,100.
Groceries: $900.
Insurance: $600.
That’s $9,600.
Gone.
Before a single luxury.
Before a vacation.
Before an emergency.
$200,000 a year and you’re one hospital bill away from panic.
They moved the finish line.
They just didn’t tell anyone.
$DRIFT
Take home is $10,500 a month after taxes.
Mortgage: $3,200.
Daycare for two kids: $3,800.
Cars: $1,100.
Groceries: $900.
Insurance: $600.
That’s $9,600.
Gone.
Before a single luxury.
Before a vacation.
Before an emergency.
$200,000 a year and you’re one hospital bill away from panic.
They moved the finish line.
They just didn’t tell anyone.
$DRIFT
The first person in your family to go to college is supposed to be the success story.
Nobody tells you you’re also the first person in your family to have $80,000 in student loans.
The first to delay marriage because of debt.
The first to watch siblings without degrees buy houses while you’re still paying off the diploma.
Education was supposed to be the cheat code.
Turns out they forgot to mention the price of the game.
$ETH
Nobody tells you you’re also the first person in your family to have $80,000 in student loans.
The first to delay marriage because of debt.
The first to watch siblings without degrees buy houses while you’re still paying off the diploma.
Education was supposed to be the cheat code.
Turns out they forgot to mention the price of the game.
$ETH
My dad retired at 59
I will not
He had a pension. I have a 401k I can barely fund.
He bought his house at 28.
I can't touch a down payment at 30.
He paid $90 a month for health insurance. I pay $430.
At dinner he told me I need to be smarter with money.
I nodded.
Didn't tell him his entire life was built on an economy that no longer exists.
Didn't tell him my generation is paying for his Social Security while ours gets gutted.
Didn't tell him the ladder he climbed got pulled up right after him.
$SKYAI
I will not
He had a pension. I have a 401k I can barely fund.
He bought his house at 28.
I can't touch a down payment at 30.
He paid $90 a month for health insurance. I pay $430.
At dinner he told me I need to be smarter with money.
I nodded.
Didn't tell him his entire life was built on an economy that no longer exists.
Didn't tell him my generation is paying for his Social Security while ours gets gutted.
Didn't tell him the ladder he climbed got pulled up right after him.
$SKYAI
33 of the wealthiest countries in the world.
32 of them figured out free universal healthcare.
1 didn’t.
That 1 spends more on healthcare than any of the other 32.
Has the worst outcomes of all 33.
And every 4 years a politician stands on a stage and says we’ll look into it.
Then goes back to his employer sponsored plan.
$TAO
32 of them figured out free universal healthcare.
1 didn’t.
That 1 spends more on healthcare than any of the other 32.
Has the worst outcomes of all 33.
And every 4 years a politician stands on a stage and says we’ll look into it.
Then goes back to his employer sponsored plan.
$TAO
CEO: We’re a family here.
Employee: My dad is in the hospital. I need to leave early.
CEO: We have a client call at 4.
Employee: He might not make it through the night.
CEO: Can you join remotely from the hospital?
Employee: No.
CEO: I just need an hour.
He left anyway.
Got written up for abandonment.
Two weeks later the CEO posted about mental health awareness month.
Got 31,000 likes.
The dad didn’t make it.
$ZEC
Employee: My dad is in the hospital. I need to leave early.
CEO: We have a client call at 4.
Employee: He might not make it through the night.
CEO: Can you join remotely from the hospital?
Employee: No.
CEO: I just need an hour.
He left anyway.
Got written up for abandonment.
Two weeks later the CEO posted about mental health awareness month.
Got 31,000 likes.
The dad didn’t make it.
$ZEC
Απέτυχε
My grandfather kept his money in a savings account his whole life.
Said the stock market was gambling.
Died with $40,000 saved over 40 years.
If he put that same money in the S&P 500 in 1984.
It would be worth $1,200,000 today.
He wasn’t bad with money.
Nobody taught him.
That’s the part that gets me.
$BTC
Said the stock market was gambling.
Died with $40,000 saved over 40 years.
If he put that same money in the S&P 500 in 1984.
It would be worth $1,200,000 today.
He wasn’t bad with money.
Nobody taught him.
That’s the part that gets me.
$BTC
In 2018 my health insurance was $180/month.
I never went to the doctor.
Today it's $430/month.
I still never go to the doctor.
Because the deductible is $6,000.
I pay $5,160 a year just to have a card in my wallet.
That I'm afraid to use.
This is America.
$PLUME
I never went to the doctor.
Today it's $430/month.
I still never go to the doctor.
Because the deductible is $6,000.
I pay $5,160 a year just to have a card in my wallet.
That I'm afraid to use.
This is America.
$PLUME
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