Why don't people live significantly below their means? | TigerDroppings.com

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Kashonly
Iona Fan
Member since Jan 2006
27462 posts

Why don't people live significantly below their means?


Was reading an article about Banker's in New York who couldn't survive off $1 million per year because (mortgage for two homes, full time maid and nanny, 2-4 cars+parking, private school for the kids @ 40k/year each, etc,etc,etc) if interested

I have seen this in my daily life where people just don't know how to be content with something thinking they always need or deserve more.

Like if you make over 250k per year in BTR why can't you just live in Kenilworth or Oak Hills....why do you HAVE TO be by the Lakes or CCLA or some other place 3-4 times more expensive than just decently acceptable?

Why must you spend, and spend? Is it some need to be showy or something? You want people to be jealous or directly envious you when they see what you have?

If you are blessed with a higher income, why do you just give it away for dozens of superficial upgrades? $50 business shirt...oh no....$250 business shirt. $50 watch, oh no, $5000 watch....200k house....oh no...750k house......30k car, oh no, 80k car

I saw this: The Top Regrets of people on their Death Bed

quote:

1. I wish I’d had the courage to live a life true to myself, not the life others expected of me.

“This was the most common regret of all. When people realise that their life is almost over and look back clearly on it, it is easy to see how many dreams have gone unfulfilled. Most people had not honoured even a half of their dreams and had to die knowing that it was due to choices they had made, or not made. Health brings a freedom very few realise, until they no longer have it.”

2. I wish I hadn’t worked so hard.

“This came from every male patient that I nursed. They missed their children’s youth and their partner’s companionship. Women also spoke of this regret, but as most were from an older generation, many of the female patients had not been breadwinners. All of the men I nursed deeply regretted spending so much of their lives on the treadmill of a work existence.”


are you buying things because people expect it of you based on how much you make?







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ForeverLSU02
Penn Fan
Albany
Member since Jun 2007
27336 posts

re: Why don't people live significantly below their means?


quote:

Why don't people live significantly below their means?
Because they don't have to






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BIGDAB
Grambling Fan
I don't like watermelon
Member since Jun 2011
6619 posts

re: Why don't people live significantly below their means?


People like to spend money. And they really like to spend money on shite they think is nice.





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Gaston
LSU Fan
Dirty Coast
Member since Aug 2008
19796 posts

re: Why don't people live significantly below their means?


I think to make $250k in a firm you have to show some buy-in to the game. You wouldn't get that job without the house and wife and cars and such, you just wouldn't be on their level. That's my assumption.





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tgrbaitn08
USA Fan
Member since Dec 2007
35700 posts
 Online 

re: Why don't people live significantly below their means?


quote:

Why don't people live significantly below their means?


because you cant take it with you






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Hat Tricks
LSU Fan
Gonzales, LA
Member since Oct 2003
21861 posts
 Online 

re: Why don't people live significantly below their means?


You seem a little mad about this.





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Eighteen
LSU Fan
Member since Dec 2006
16469 posts

re: Why don't people live significantly below their means?


People do, you just don't see it or know it because they do

This is a great book



People just want to spend because they are either 1) trying to keep up with Jones' or 2)dont care about the future and just want to live life now...who cares about retirement and the future?



This post was edited on 5/2 at 9:56 am


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VABuckeye
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
10559 posts

re: Why don't people live significantly below their means?


quote:

are you buying things because people expect it of you based on how much you make?


Many people like to live life in the now. I put a lot of money away but it's for my retirement. If there's anything left over at the end for my kids good for them but I don't plan to support them for the rest of their lives. I'm going to enjoy the fruits of my labor.






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The Eric
LSU Fan
Louisiana
Member since Sep 2008
13638 posts

re: Why don't people live significantly below their means?


Gaston may be right...

I don't really care what people think of me. I'm gonna drive and live what and where i want.


Some people just feel like less if they can't keep up with their co-workers.






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SuperSaint
UNO Fan
Member since Sep 2007
74999 posts
 Online 

re: Why don't people live significantly below their means?


You sound mad you don't have a token wife to max out all the plastic in your wallet





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uway
USA Fan
Member since Sep 2004
18641 posts

re: Why don't people live significantly below their means?


quote:

Why don't people live significantly below their means?


Trying to fill the hole in their soul.

Doesn't matter, though. Those days of plenty are not going to last much longer.






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GEAUXT
New Orleans Saints Fan
Member since Nov 2007
12843 posts

re: Why don't people live significantly below their means?


weren't you mad about doctors having too much money?





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notiger1997
Member since May 2009
22177 posts
 Online 

re: Why don't people live significantly below their means?


In our culture, we are not happy. We try to make up for that lack of happiness by buying shite we don't need.





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BugAC
LSU Fan
Baton Rouge
Member since Oct 2007
18276 posts

re: Why don't people live significantly below their means?


quote:

You seem a little mad about this.


You must understand, Kash's posts are typically about how unfair it is for rich people to have money. He wants Dr.'s to work for minimum wage, and consider them on par, skill wise, as janitors.

He's just mad that people with money, spend it, before the government can take it from them, and give it to him.






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VABuckeye
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
10559 posts

re: Why don't people live significantly below their means?


He also has a problem with women but that's another issue altogether.





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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Why don't people live significantly below their means?


quote:

$50 business shirt...oh no....$250 business shirt. $50 watch, oh no, $5000 watch....200k house....oh no...750k house......30k car, oh no, 80k car


You're going to post this on the OT?

Have you seen the morons that post here?






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AUCE05
USA Fan
Member since Dec 2009
10778 posts

re: Why don't people live significantly below their means?


I have to. Wife doesn't work, and we have two kids. If you can't keep 10-20 gs in the bank, you're doing is wrong.





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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3542 posts

re: Why don't people live significantly below their means?


2001 Honda Accord checking in.





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TH03
Notre Dame Fan
In Darth's Head
Member since Dec 2008
91521 posts

re: Why don't people live significantly below their means?


I'm wearing a 50 dollar shirt I've had for 5 years, 40 dollar jeans I've had for 10 years, 30 dollar shoes I've had for 10 years, and a 300 dollar watch. with my 30k truck and 200k house

and I'm 24






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Ash Williams
LSU Fan
South of i-10
Member since May 2009
9058 posts

re: Why don't people live significantly below their means?


quote:

Why don't people live significantly below their means?



wives






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