# How does one measure wealth

**URL:** <https://forums.speedlife.net/t/how-does-one-measure-wealth/32801>\
**Category:** NYSpeed Off Topic\
**Created:** [July 23, 2007, 6:41am UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801 "2007-07-23T06:41:54Z")\
**Posts on this page:** 20\
**Page:** 4

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**Author:** ![66impalass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/66impalass/32/7429_2.png) [@66impalass](https://forums.speedlife.net/u/66impalass)\
**Post date:** [July 25, 2007, 1:34pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/61 "2007-07-25T13:34:34Z")

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[quote=“JayS,post:59,topic:32801"”]

As is being able to locate the caps lock.

[/quote]

USE AUTOCAD, ITS EASIER NOT TO HIT IT THEN KEEP SWITCHING BACK AND FORTH

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [July 25, 2007, 1:37pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/62 "2007-07-25T13:37:37Z")

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[quote=“66impalass,post:61,topic:32801"”]

USE AUTOCAD, ITS EASIER NOT TO HIT IT THEN KEEP SWITCHING BACK AND FORTH

[/quote]

I hope that you are not so lazy in corporate communications also.

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**Author:** ![66impalass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/66impalass/32/7429_2.png) [@66impalass](https://forums.speedlife.net/u/66impalass)\
**Post date:** [July 25, 2007, 1:51pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/63 "2007-07-25T13:51:09Z")

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NOPE… ITS A FORUM, AND ITS REALLY NOT WORTH THE AMOUNT OF WORK THAT I COULD MESS UP IF I FORGET TO TURN CAPS BACK ON, ALSO I HAVE MY E-MAIL SET TO WARN ME IF ITS ON…

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**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\
**Post date:** [July 25, 2007, 3:58pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/64 "2007-07-25T15:58:08Z")

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I’m 25. I can’t afford a nice car. I pay a mortgage that doesn’t leave me with a lot left over. I borrowed whatever I needed to finish my engineering degree in 4 years, so I’m paying off student loans. I took a low paying job right out of engineering school. That job gave me the experience that qualified me for an entry level position at a growing company with tons of opportunities. That company is paying for the MBA that I’m starting in a couple of weeks. Thanks to going off to school and trying to make it on my own I matured enough to gain a bit of wisdom and understand that you need to work hard and make smart decisions when you’re young if you want to have a prayer of living the good life.

Think about where I’m going to be in 5-10 years.

Now think about where I would be headed if I had stayed at home through my early 20’s, not given college a priority, and bought nice cars. I’d be 25, with cars not worth much thanks to depreciation, probably renting since I won’t have much of an income and a mortgage on a shithole would be my only other option, and without a lot of potential to get wealthy. In 5-10 years I’d be in the same place, struggling to make ends meet.

I’m not wealthy, but I have huge potential for wealth thanks to smart decisions I’m making while I am young. Just thought I’d throw that out there for those who think that staying home and buying expensive toys when you’re young is a good idea.

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**Author:** ![66impalass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/66impalass/32/7429_2.png) [@66impalass](https://forums.speedlife.net/u/66impalass)\
**Post date:** [July 25, 2007, 4:46pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/65 "2007-07-25T16:46:27Z")

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[quote=“BikerFry,post:64,topic:32801"”]

I’m 25. I can’t afford a nice car. I pay a mortgage that doesn’t leave me with a lot left over. I borrowed whatever I needed to finish my engineering degree in 4 years, so I’m paying off student loans. I took a low paying job right out of engineering school. That job gave me the experience that qualified me for an entry level position at a growing company with tons of opportunities. That company is paying for the MBA that I’m starting in a couple of weeks. Thanks to going off to school and trying to make it on my own I matured enough to gain a bit of wisdom and understand that you need to work hard and make smart decisions when you’re young if you want to have a prayer of living the good life.

Think about where I’m going to be in 5-10 years.

Now think about where I would be headed if I had stayed at home through my early 20’s, not given college a priority, and bought nice cars. I’d be 25, with cars not worth much thanks to depreciation, probably renting since I won’t have much of an income and a mortgage on a shithole would be my only other option, and without a lot of potential to get wealthy. In 5-10 years I’d be in the same place, struggling to make ends meet.

I’m not wealthy, but I have huge potential for wealth thanks to smart decisions I’m making while I am young. Just thought I’d throw that out there for those who think that staying home and buying expensive toys when you’re young is a good idea.

[/quote]

I was in the same boat, except I am greatful that my grandfather had invested for my college education so I do not have student loans that amount to much. Out of college I took a job that was ok with a really large firm in the field I wanted to go into, I was not doing the greatest work but it got me introduced to the right people. I currently have a great job as a senior mechanical designer and I am only 23. I don’t own a house, cause honestly right now I am not 100% where I want to stay for any frame of time, I do have the opportunity to purchase a nice car in a bit. I know that if I did live at home and went to a local college I would be where a lot of my friends are that did that, either in jail or at some menial job make \<$40k a year, none of them are happy, but they where happy that they could afford nice things through college because they lived at home.

I take my FE exam in Oct. and the PE in two years, I am also currently going back to school in January for my masters in ME, at that time I am also taking my LEED exam. From this I have the room for a lot of growth within the company I currently work for, or even at a later date starting my own company.

That is really why I rag at people that are not in college and live at home past the age of 20.

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**Author:** ![Bigairskier1580](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bigairskier1580/32/7612_2.png) [@Bigairskier1580](https://forums.speedlife.net/u/Bigairskier1580)\
**Post date:** [July 25, 2007, 5:06pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/66 "2007-07-25T17:06:38Z")

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At the same time, there is still time to realize your mistakes and make changes in your life to better yourself.

I myself spent money buying toys before. One of them as recently as last summer, which although I love it, I ultimately regret it…

I have decided to sell the cars and buy a reliable, practical car (see 1996 Subaru Outback). I will be moving to Rutland next summer, and be attending college for a Resort Management program to get a bachelors degree in 3 years. I will be working at Killington Ski Area throughout the program through the paid co-op and internships that the program revolves around. I will be working in a field I m passionate about, moreso than cars, and I will be afforded the opportunity to create many connections and meet many people that will help me secure a job upon completition of the program.

I’ll be 23 years old when I go back to school next fall. And although I made some crappy choices, I don’t think I’d be getting the opportunity to do this had I went through with school all along since my first year out of high school. I wouldn’t have learned about the program, and I likely would’ve ended up graduating with an aimless degree with no idea which direction I wanted to head with my life.

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [July 25, 2007, 5:07pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/67 "2007-07-25T17:07:40Z")

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[quote=“66impalass,post:65,topic:32801"”]

… either in jail or at some menial job make \<$40k a year, none of them are happy, but they where happy that they could afford nice things through college because they lived at home.

[/quote]

not _all_ of this kids fail. Some take the initiative and make something of themselves.

But otherwise, :word:

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**Author:** ![jrod0187](https://avatars.discourse-cdn.com/v4/letter/j/ac91a4/32.png) [@jrod0187](https://forums.speedlife.net/u/jrod0187)\
**Post date:** [July 25, 2007, 5:16pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/68 "2007-07-25T17:16:22Z")

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[quote=“Zong,post:7,topic:32801"”]

I envy newman’s unhealthy obsession with girl shoes.

there is definitely sarcasm here

[/quote]

For me my role model is Zing Zong, hes Chinese and doesn’t speak an ounce of it. He also has index card looking puzzles, when completed they show you a picture of an animal, the correct spelling in English and Chinese. They are about 20 years old untouched, that must explain the language barrier

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**Author:** ![Silver](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/silver/32/4953_2.png) [@Silver](https://forums.speedlife.net/u/Silver)\
**Post date:** [July 25, 2007, 6:14pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/69 "2007-07-25T18:14:33Z")

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I plan, I budget and I save up in the correct ways. I haven’t lived with my parents in 6 years, I have an average paying job, and I live an average life.

But my car/autocrossing is THE most enjoyable hobby in my life, and as such I make sacrifices to be able to afford it. I’m not talking sacrifices like I don’t save any money or just put everything on credit cards, that’s far from the truth. I budget properly so that I can afford my hobby, and I avoid things like shopping sprees, or expensive gadgets like a Wii or iPhone. I just simply don’t need them.

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [July 25, 2007, 7:18pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/70 "2007-07-25T19:18:07Z")

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Owning a Boxster and putting all kinds of money in, but not mooching off mom and dad = cool.

Owning a Boxster (or any expensive car) and putting all kinds of money in it, while mommy and daddy put a roof over your head, buy you food, and wipe your ass = loser.

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [July 25, 2007, 7:41pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/71 "2007-07-25T19:41:33Z")

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damnit, why does nyspeed make me want to change major to a job that I can actually make money in?

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [July 25, 2007, 7:53pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/72 "2007-07-25T19:53:05Z")

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[quote=“Penfold,post:71,topic:32801"”]

damnit, why does nyspeed make me want to change major to a job that I can actually make money in?

[/quote]

Stick with a major that will get you a job you enjoy.

No salary will make you happy if you’re miserable 8 hours a day, 40+ hours a week, 50 weeks a year.

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [July 25, 2007, 7:54pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/73 "2007-07-25T19:54:48Z")

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[quote=“JayS,post:70,topic:32801"”]

Owning a Boxster and putting all kinds of money in, but not mooching off mom and dad = cool.

Owning a Boxster (or any expensive car) and putting all kinds of money in it, while mommy and daddy put a roof over your head, buy you food, and wipe your ass = loser.

[/quote]

will you adopt me?

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**Author:** ![JaysGreenLX](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jaysgreenlx/32/7321_2.png) [@JaysGreenLX](https://forums.speedlife.net/u/JaysGreenLX)\
**Post date:** [July 25, 2007, 8:09pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/74 "2007-07-25T20:09:10Z")

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[quote=“JayS,post:72,topic:32801"”]

Stick with a major that will get you a job you enjoy.

No salary will make you happy if you’re miserable 8 hours a day, 40+ hours a week, 50 weeks a year.

[/quote]

Truth.

What is this thread about again? My head is hurting.

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**Author:** ![AngryHero](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/angryhero/32/7495_2.png) [@AngryHero](https://forums.speedlife.net/u/AngryHero)\
**Post date:** [July 25, 2007, 8:15pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/75 "2007-07-25T20:15:32Z")

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Dammit.I thought i was going to make some decent money at $30 an hr plus another 8 a hr into a health fund.Thats after school in 5 years though.  
I feel poor now after some math

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**Author:** ![SoloIIscoob](https://avatars.discourse-cdn.com/v4/letter/s/35a633/32.png) [@SoloIIscoob](https://forums.speedlife.net/u/SoloIIscoob)\
**Post date:** [July 25, 2007, 8:18pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/76 "2007-07-25T20:18:25Z")

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herodotus says

“the secret of success is not the absence of failure, but the absence of envy”

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<div class="post-metadata">

**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [July 25, 2007, 8:22pm UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/77 "2007-07-25T20:22:17Z")

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[quote=“87conquestTSi,post:75,topic:32801"”]

Dammit.I thought i was going to make some decent money at $30 an hr plus another 8 a hr into a health fund.Thats after school in 5 years though.  
I feel poor now after some math

[/quote]

60k in 5 yrs will not be what it is now.

60k now is :tif:, even in WNY

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**Author:** ![Bigairskier1580](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bigairskier1580/32/7612_2.png) [@Bigairskier1580](https://forums.speedlife.net/u/Bigairskier1580)\
**Post date:** [July 26, 2007, 6:00am UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/78 "2007-07-26T06:00:05Z")

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[quote=“JayS,post:72,topic:32801"”]

Stick with a major that will get you a job you enjoy.

No salary will make you happy if you’re miserable 8 hours a day, 40+ hours a week, 50 weeks a year.

[/quote]

I agree completely there. I’d rather make $40k a year and be living in a place I love to live, and love my job, than make $100k and loathe 80% of my life day-in and day out.

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**Author:** ![Silver](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/silver/32/4953_2.png) [@Silver](https://forums.speedlife.net/u/Silver)\
**Post date:** [July 26, 2007, 7:41am UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/79 "2007-07-26T07:41:30Z")

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I was thinking about all this last night, and it dawned on me that I sometimes make an initial judgment about what someone is like based on what they drive, and yet absolutely _hate_ it when people do the same to me ☹ Self realization can be a bitch sometimes.

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**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\
**Post date:** [July 26, 2007, 8:35am UTC](https://forums.speedlife.net/t/how-does-one-measure-wealth/32801/80 "2007-07-26T08:35:54Z")

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:lol: What judgement could anyone possibly come up with seeing a blonde driving a baby-blue convertable Porsche with pink wheels?

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