what is the saying, “Stupid is as stupid does.”
People that make that much money should be smarter.
That is because they have a spending problem not a income problem.
My pensions and SS are less than $100,000 per year.
I own two houses, acreage and a nice ocean view in Hawaii.
I eat pretty good.
What is wrong with these Democrats?
I guess they are as crazy as I think they are.
yeah.
1/5th of that, pay check to paycheck in Places like Seattle, SF Bay, Los Angeles. I get it.
250k
retards.
I’d be doing great doing 100k, let alone 250k
Another one is, “A fool and his money are soon parted.”
Ron White is right. Ya can’t fix stupid.
You'd think so, but you'd be mistaken.
I may be the exception to this, but a lot of people want to live in nice neighborhoods in nice houses...so they can send their kids to nice public schools. (Me, though I made well in the 6-figures, I lived in a blue-collar neighborhood until I retired as I had other priorities)
I may be the exception to this, but a lot of people want to drive a car that's less than 5 or 6 years old. Me, before I retired at the end of 2020/beginning of 2021, I had a 2002 and a 2013 and simply did the prescribed maintenance on them...both worked great up until the point I retired and moved.
And that's not even talking about with the draw of getting "nice" (the "keep up with the Joneses" phenomenon)
In most cases, people wouldn't want to be seen wearing "Walmart" or "Costco" clothes. They'd rather pay $50+ for a pair of Levis rather than paying $17 for a pair of Wranglers from Walmart...even though both are fine jeans. Keep up with the Joneses.
I can't tell you how many people feel like they have to have the newest high-end iPhone or Samsung every year...for well over $1,000 a pop.
And then you have Dentist visits. Ever had a root canal, crown, or a bridge? That can bust a budget in a heartbeat and insurance may only cover a tiny fraction of the expense. And the work's got to be done...so what do you do? Even getting teeth pulled these days costs a ton of money (for those who would say, just pull your teeth and get dentures)
And then we have credit cards. Dangerous as ****, because they can sneak up on you due to the convenience. Even as a retiree making less than $2,000 a month, I have enough credit card runway where I could buy a brand-new Lexus on credit card if I wanted. That's dangerous as ****. (Do I use them, yes. But I pay them off online almost as soon as I make a charge with them. I never ever even wait for the monthly statement)
This may sound overly-cynical, but we sadly have had this syndrome in America for the past several decades that I call the "Modern American Dream" (MAD for short):
(I'm not taking credit for the saying, just the acronym)
It is extremely easy to fall into that trap and far too many people of all incomes do so.