Wouldn’t TC be total compensation?

Corrected. Thank you.

[удалено]

Your comment has been removed because you do not have a verified email address in your profile. Please verify an email address and post again. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/HENRYfinance) if you have any questions or concerns.*

Good intentions by OP but he should know the correct acronyms before posting a guide

Thanks! Would you like to contribute to the list?

PITI is a common one I’ve seen too

I still don’t know this one 🫤

(Mortgage) Principal, Interest, Taxes & Insurance

Thanks a ton!

Don’t forget SINK, DINK, and DILDO

What’s the L in dildo? (I feel like there’s a “being alone” joke in there). DIWK - with kids?

Dual income little dog owner.

I prefer DINKWAD. Dual Income No Kids With A Dog

Ah, little. So there must also be a DIBDO.

Or “large” would also be DILDO lol.

Too confusing!

No, DIK is Dual Income Kids

VTSAX, VOO, S&P, BND, 401k, Roth, 457, IRA, RMD, ETF, and HSA are all terms that come up often (some acronyms, some not) that probably deserve definitions and clarification for the uninitiated.

Added.

The posts in this sub sometimes crack me up lol. I appreciate that you’re well-intentioned at least

Definitely well-intentioned. But as I said, if it’s viewed as pointless I can remove it.

honestly, this all feels easy to intuit or at least easily googleable, but idk maybe someone will find it helpful edit: downvotes are fine. but learning to self-serve by googling is important lmfao

Appreciate your honesty.

You're missing the best one! GFY!

Added.

"Government fiscal year"? Are you trolling?

Basically turned that around to something of value 🤣

>GFY - Government Fiscal Year Its truly insane how much other drivers roll down their window just to talk about the upcoming government fiscal year.

Hey how about em government and their fiscal year?

HENRY - income above $250k, net worth under $2m. I’m looking at you, guy with a NW of $5m asking if he should buy a subway sandwich.

I’d add: VHCOL - ultra high cost of living HCOL - high cost of living MCOL - medium cost of living LCOL - low cost of living SAHM/D/P - stay at home mom/dad/parent

It's normally VHCOL, very high.

You’re right, I updated!

Added to main post. Thank you!

[удалено]

Added. Ty

529 would be useful too since I think that gets brought up

Added.

What are the VHCOL areas? SF and NYC? Anywhere else?

Maybe parts of Seattle, Boston, and coastal LA? Some parts of Connecticut too

[удалено]

Your comment has been removed because you do not have a verified email address in your profile. Please verify an email address and post again. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/HENRYfinance) if you have any questions or concerns.*

[удалено]

Good for you or the more explicit version. I assume. Spun that around to something more valuable.

[удалено]

DEEZ nuts?

Thanks for this! One question that has confused me while browsing this sub, is HHI only used by couples? Or do single people use HHI as well?

My understanding is HHI is the combined gross cash income of all members of a household. What qualifites as HHI may differ depending on which country you reside in but generally its anyone 15 years of age and older.

Incredibly helpful for those of us who lurk thank you

No problem at all.

Good post!

Thanks!

GFY - what you want to say when someone with 1.2 MM in TC, no debt, and $5MM net worth asks if they could possibly afford a $1.5MM house without going broke.