Quote (josh2234 @ 24 Apr 2016 10:38)

8 grand in a year? wow props to you, I try to not necessarily save every penny like being super greedy, but I just try not to be so wasteful as some people out there. May I ask how much u spend on rent?

Quote (josh2234 @ Apr 23 2016 03:41pm)

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.

Quote (Krayzy @ 24 Apr 2016 13:43)

why does it bother you what other people decide to do with their money

Quote (general_patton @ Apr 24 2016 11:35am)

I spend about 300 dollars a month on rent and 20-30 on power. Two other roommates, pretty roomy apartment.
It's not at all hard to cut expenses IMO, it just takes a little effort. I don't do dumb stuff like go to the movies or get hammered at bars.

Quote (AnimeFTW @ Apr 24 2016 11:41am)

Wow, look at all of that anecdotal evidence based on one person and all of those made up spending habits based on what you think people buy.

Quote (Krayzy @ Apr 24 2016 12:43pm)

why does it bother you what other people decide to do with their money

Quote (general_patton @ Apr 24 2016 01:09pm)

I think the concern is well founded. If you have coworkers who constantly bitch and moan about not having enough money to buy a Big Mac at McDumpster's until payday on Thursday it generates a lot of irritation at people's dumb life choices. Multiply that by 26 pay periods every year and it gets old fast.

Quote (general_patton @ 24 Apr 2016 13:35)

I spend about 300 dollars a month on rent and 20-30 on power. Two other roommates, pretty roomy apartment.
It's not at all hard to cut expenses IMO, it just takes a little effort. I don't do dumb stuff like go to the movies or get hammered at bars.