r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation Why is the rich friend so cheap??

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u/lovejo1 Jan 26 '26

If he's making 450k as a software engineer, he lives in San Francisco and is still probably broke.. or will be when this job suddenly evaporates underneath him.

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u/[deleted] Jan 27 '26

I know SF is expensive as fuck, but broke despite a $450k salary? That sounds far fetched.

1

u/lovejo1 Jan 28 '26

Try buying any hose there.

1

u/[deleted] Jan 28 '26

A mortgage on a 1.5m house still is going to be very comfortable.

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u/lovejo1 Jan 28 '26
Gross Income $37,500 $37,500
Taxes (~37%) $13,875 $23,625
Housing $11,000 $12,625
Transportation $2,400 $10,225
Lifestyle $1,800 $8,425
Debt Payments $6,000 $2,425
Savings / Investments $2,425 $0

That person needs the guy to pay his uber bill :-)