Posted on 02/10/2009 3:47:23 PM PST by AreaMan
The New York Times breaks down the annual expenses of your average Fancy Pants Executive Type who lives in Manhattan.
Private school: $32,000 a year per student. Mortgage: $96,000 a year. Co-op maintenance fee: $96,000 a year. Nanny: $45,000 a year. We are already at $269,000, and we haven't even gotten to taxes yet.
As relatively poor people, we think we can help. Here's the Times-supplied expenses and our suggestions on where to cut costs.
table { border-width: 1px; border-style: solid; border-color: #cccccc; border-collapse: collapse; } th, td { border-width: 1px; border-style: solid; border-color: #cccccc; padding: 10px; }
Annual Expenses |
Our Suggestions
|
|||
| Private school (per student) | $32,000 | public school + "Gossip Girl" discs via Netflix | $9 monthly subscription fee | |
| Mortgage & Co-Op fees | $192,000 |
|
Just move already. To a house with no co-op fees. | $96,000 |
| Nanny | $45,000 | This 500K income is brought in by only one spouse, right? The other one doesn't have a day job? Do you see where we're going with this? | $0 | |
| Vacations (2: beach and skiing) |
|
$16,000 | Six Flags Great Adventure, Rockaway Beach in Queens, Coney Island, and assorted zoos, gardens, events, and museums in the city | $1500 |
| Summer house | $240,000 | Find a summer share on CraigsList, or rely on invitations from former Hamptons neighbors | $10,000 | |
| Chauffer | $100,000 | Did you know anyone can drive a car? It's true! All you need is a license. | $50 (NYC license fee) | |
| Garage fees | $700 | Park below 65th St or, park on the street |
|
$500 or free, with occasional tickets |
| Personal trainer | $12,000 | Your memory. You paid attention during those earlier training sessions, right? If you still want some encouragement, consider a Wii Fit and/or re-runs of "The Biggest Loser." | $0-80 | |
|
|
Party gowns for galas (3 per year) | $35,000 | You live in the same town as the Fashion Institute of Technology and Parsons. Find an ambitious student to nurture. | $3,000 plus an investment in potential future fashion insiderness |
| Tutoring | $3,750 | "You're not going to get through private school without tutoring a kid." That's not going to be a problem with public school, we assure you. You may still want a tutor though for supplemental education, so we suggest CraigsList | $0-$1500 |
|
| Groceries | $15,000 | Try the Grocery Game! Otherwise, we're not going to mess with this one, other than to assume that you can probably shop smarter if you set yourself a lower budget—say, $200 a week instead of the $288 currently estimated | $10,400 | |
| Frozen hot chocolates at Serendipity | $8.50 each | You know what goes on at Serendipity, right? |
|
$0 |
"You Try to Live on 500K in This Town" [New York Times]
(Photo: Matt Mordfin)
CEO’s ain’t the issue....It’s the corrupt government and it’s march to control everything.
For starters, combine nanny and mistress into single position.
For most of us that would be called a "wife"
I would prefer combining cleaning lady and mistress into the same position, one that is facing down...
Executive compensation, tied to shareholder value, is a beautiful thing.
for most of us unwashed masses, that would be your WIFE :)
The Personal Trainer? Same deal as the nanny and mistress. That's one job. And if she can pilot a jet...all the better.
"You're not a kept woman dear, you're 'multitasking'"
Oh MAN... NOW YOU HAVE STEPPED IN IT!!! My First Wife lurks here...
I agree. Who cares what they make if the company wants to pay them? What I DO care about is the pols who believe they should be granted all those benefits and more.......at MY expense and while infringing on MY freedoms.
And how about there is no cap. The banks that all got it in the fall are exempt. Furthermore, they are still free to pay whatever they want. They just don’t get a tax deduction for it.
And it only applies to base pay, not to expense accounts. This is just another con job. He would never do anything to hurt his Wall street sponsor/puppetmasters in the slightest.
And the chauffer and limo? The bank can provide it as a bank expense, instead of as a direct paid benefit. A million ways these SOBs can get around this. After what they did with mortgages and derivatives, this is childs play to them.
They are hogging at the taxpayer trough same as ever, and avoided all consequenses for running the economy into the ground.
Class Warfare.
First chapter in the democrat play book.
The New York Times must perish.
Give me $500,000 and I will show them at no charge
And some people at FR seem to fall right in line. The question is not whether or how an excec can "make it" on $500K a year, the question is what right does government have to mandate it?
‘For starters, combine nanny and mistress into single position.”
That will cost you 50% of the 500k or whatever the income number is.
“Executive compensation, tied to shareholder value, is a beautiful thing.”
Whats beautiful is the owners of a company being able to determine what they want to pay their employees.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.