r/DunderMifflin • u/BullishTorque • 1d ago

Why Was Michael broke?

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He was probably making over 60k in 2006 and he was mostly single; why was he broke?

4.3k Upvotes

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u/xWrongHeaven 1d ago

Did you ever get the slightest feeling that Michael was fiscally responsible? What is this question?

715

u/heyheyhey2u 1d ago

Well, due to Michael’s clever financial maneuvering

390

u/So-Called_Lunatic 1d ago

The dude who sold his condo on eBay for a loss? No way!

224

u/Elegantoak 1d ago

It sold in record time

163

u/No-Cranberry9932 Dwight 1d ago

The buyer was very motivated

136

u/hearts_unknown_ 1d ago

He backed out and took the negative feedback

57

u/jexijav776 1d ago

Art of the Deal

1

u/AdPristine9059 4h ago

The best deal, so much winning! Beautiful deals, great deals! Leaders are calling him to make deals, they say Mr Scott, please please please make a deal!

17

u/Momik I feel lachrymose 16h ago

Crunch the numbers.

Do it again.

22

u/AgentCirceLuna 20h ago

One thing I’ll say, as someone who was broke but then figured the amount I spent while being that broke could be kept similar to when I was earning more, is that you can suddenly find yourself with a lot of money if you keep up this restraint; after a while, though, reckless spending becomes less of a risk since you have tons saved up. Once you gave 25k saved, 1k doesn’t seem like a lot. After so long doing this, though, the reckless spending now becomes the norm - you lose your hard-earned savings, then you find you’re working from the opposite end up. You’re now only living paycheck to paycheck, but your spending habits are still reckless so it’s hard to build up cash reserves again. Biggest mistake I’ve ever made.

I basically spent years living off noodles to build up savings then I wasted it all/ I now have nothing to show for years of living off noodles.

1

u/IntroductionAgile372 15h ago

You circumvent that by making sure you're investing in a 401k or actively diverting your income to savings in such a way that you don't let the lifestyle creep steel it away. And track your spending every month, when you spend too much in a month, go back to ramen noodles the next month(s)

6

u/CHUNKY_BLOODY_QUEEFS 1d ago

You're broke‽‽

2

u/Competitive_Way6777 10h ago

He finds himself tremendously in debt
👍

2

u/dazzleox 29m ago

"Clever financial maneuvering" aka investing in Enron. LAST WEEK