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re: Feeling broke on a $665K salary
Posted on 1/21/24 at 11:29 am to Oilfieldbiology
Posted on 1/21/24 at 11:29 am to Oilfieldbiology
quote:
$426k take home pay after taxes and you’re “struggling” to pay bills? This is a you problem.
Tom Wolfe described this beautifully in Bonfire of the Vanities about four decades ago. His protagonist was a NYC bond trader making over $900k. He was married with one kid and struggling ($900k was about $2.5 million today). Wolfe went through all of his expenses to show how they had trouble staying ahead - extraordinarily expensive school for the kid, rent for their Park Ave flat, etc.
1
Posted on 1/21/24 at 12:28 pm to Penrod
quote:
Bonfire of the Vanities
Was subsequently made into a film starring some of the biggest names of the day- Hanks, Bruce Willis and more- that became one of the biggest bombs of all time- right up there with Heavens Gate, Ishtar and Waterworld .
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