It astounds me how stupid some people are financially .... what do I mean by this?

I got into a heated debate with some random a week ago (not on this site) about how he made 100k a year and saying how his life was so shitty because he couldn't make ends meat for being so poor( in New York) as he put it.

First off, don't get me wrong- New York is very costly as is any major city similar to it. Cost of living is something I absolutely take into account writing this thread, but for the love of god lets break this down.

1.) The biggest point that you must take from reading this is that being poor or not being poor is all dependent on the lifestyle that you want to live.
2.) Do you know that alot of people in the world live on less than 1$ a day?
3.) There are things called needs and wants, I asked this guy to give me his budget and everything that he spent money on for an entire year and I literally shredded him on his spending habits.
4.) A massive amount of his money was spent on designer clothes and going out to eat at fancy restaurants with females, and not to mention other "adult" entertainment.
5.) After we went back and forth, he agreed that 50% of his spending habits could be reduced to either savings, or paying off his expensive house-- which I still think was overkill, but a home is a good investment if another 2008 doesn't happen.

Some other things to think about-

Ramen noodles are like what- 28 cents at your local grocery store? So if you really wanted to you could eat for an entire month for like under 15$ Now granted it might not be pleasant to eat those for an entire month, but if you absolutely had to- then you could eat for under 15$ for a month time frame. I am just giving an example of a very cheap way to eat food. There are plenty of other cheap items you could buy- canned food, boxed microwaveable dinners etc etc. Going out to eat at a fancy place then having to give a tip not to look like a cheap-ass is really just pissing your money away imo...

Do you really need to buy name brand things? Remember there is no difference in those 10$ sun glasses compared to the 200$ designer ones-- except the name... they both block part of the sun , so are you just wanting to impress someone if they even see your name brand things?

That Rolex watch that was 15 grand tells time the same as a 20$ Casio at your local store...

That Ferrari that costs 500 grand gets you from point A to point B the same as a 10 grand fuel efficient whatever-car.

Any-who, the next time you think you cant make it on your budget , realize that some people in this world get by with literally a skeleton of a skeleton of the amount of money that you or someone like you make. Not saying that these people like barely getting by, but you would be surprised what the difference is between needs and wants in this world.

This post was edited by josh2234 on Apr 23 2016 04:43pm

tldr

Congrats, you're like the david and goliath of money

Ive tried telling some of my old friends to stop going out to eat or to the bar every night in college. they just kept going in debt and then when it came time to pay bills, they were complaining about no money. i tell them wat they should quit doing and they say i dont understand because my extended family had money. -.-

i probably spent less on food for a year than they did in a month or two

This post was edited by cialda on Apr 23 2016 04:48pm

I agree, name brand is basically just wasting money for one. Things like cigarettes/alcohol/pot are nice if you have the extra money but some people act like they can't live without it. Trust me, you can.

Ramen is 18 cents here. Definitely a good food source for cheap.

This post was edited by CenturyLink on Apr 23 2016 04:49pm

Name brand pot?

You know that's not what I meant lol. In general.

josh2234 is racist. I wouldn't take anything he says into consideration.

If my post is tldr, then I would hate to ask how many books you have read in your life..............





Food is imo the absolute biggest thing anyone should save on... That 2 dollar microwave dinner fills your stomach the same as taking your girlfriend or friends out at some fancy place and spending hundreds in a single night when you factor in mixed drinks, dinner price on steaks or lobster/ deserts , and having to give money away just because of tipping culture that has been created in America .......

i find pasta / rice to be cheaper than ramen. ramen + eggs can be a quick cheap meal though



even those microwavable dinners are expensive for the quality of food you get. Cook your own food from scratch for cheaper and better quality

This post was edited by cialda on Apr 23 2016 04:54pm