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(Daily Mail)   Can't get by on a million dollars a year? Rich people problems   (dailymail.co.uk) divider line 118
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12779 clicks; posted to Main » on 13 Jul 2014 at 4:17 AM (39 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



118 Comments   (+0 »)
   
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2014-07-13 01:44:52 AM  
I inherited a hotel in Cancun and I can sympathize. Tax rate in Mexico is even worse. Our nanny rates are more reasonable though. Not that I have kids.

/Used to be liberal, now I fully support the caste by proxy system our economic society has created.

//One more Haberno margarita please, Pablo.
 
2014-07-13 02:27:59 AM  
I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.

Private school is nice too, but if you're having that much of a problem with your finances maybe you should reconsider sending your daughter to a public school instead.

Maybe it's just me, but I'm having a hard time being sympathetic.
 
2014-07-13 03:04:29 AM  
I believe it was John Bender who said, "B-O-O, H-O-O."
 
2014-07-13 03:09:16 AM  
Cue the "it's not FAIR someone makes a lot of money" crowd.

Don't hate the player, hate the game that encourages dependency. A game that would rather see equality than exceptialism. Hate the hand you hold, because it holds you down.
 
2014-07-13 03:39:31 AM  

Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.

Private school is nice too, but if you're having that much of a problem with your finances maybe you should reconsider sending your daughter to a public school instead.

Maybe it's just me, but I'm having a hard time being sympathetic.


Actually some of the public schools in the wealthier neighborhoods of Manhattan are quite good.

Also, the house she's paying off is just an investment if she isn't living there.
Give up the apartment and commute like the rest of the world, especially considering her property tax is somehow 3 times as much as her mortgage.
She should see a lawyer if necessary to whittle down that property tax.

Everyone thinks their property tax rate is cast in stone.and it certainly isn't.

Fair market price of my house is over $200k, but it's assessed at $47k.
All you have to do is pitch a biatch pretty much every couple of years, and they take some off each time.

The mother though, might not live in the same place as the kid, but what does she mean by "support"?
Does mom keep up a residence as well?
 
2014-07-13 04:20:57 AM  

8 inches: Cue the "it's not FAIR someone makes a lot of money" crowd.


Yes. They're in the thread, and they can barely survive on $1m a year. A-bloo-bloo-bloo.
 
2014-07-13 04:24:58 AM  
You can do the math every way you like and there is still a good 300K left over (to maybe pay a hairdresser??)

But she hasn't figured in the therapy/rehab for her kid who is ignored every night while her mum goes out networking/partying

That will be the cruelest blow

/but there's always alcoholic cushions
 
2014-07-13 04:28:40 AM  

hamdinger: 8 inches: Cue the "it's not FAIR someone makes a lot of money" crowd.

Yes. They're in the thread, and they can barely survive on $1m a year. A-bloo-bloo-bloo.


I'm waiting for someone to come in and say that $1m is barely middle class in NYC.  'Cuz that always happens in threads like this.

/California, too!
 
2014-07-13 04:30:20 AM  
Lemme see, heah.

1,000,000.00

That's all my bills and debts and obligations, a decent car, a nice ranch home, (real estate is cheap here), furnishings and gear and clothes, medical and dental work needed and 70,000.00 to live on for ten years.  Kiss my entire ass, you frumpy cow.

/would be happy with small lottery prize.
 
2014-07-13 04:33:16 AM  
All I came to post is that I will not click mailonline.
 
2014-07-13 04:39:45 AM  
I'd settle for a fair paying job, an affordable rental, and cheaper living costs.

It's all a matter of perspective I suppose. I don't believe money to be the evil that has spoiled society, it's the apathy and disregard we hold for what's truly valuable vs what the mass illusion dictates.

Articles such as these aim to infuriate the majority of us into believing we should envy or despise this woman. If you are an individual who has come to realize the true priorities of life, you should ultimately feel pity for her.
 
2014-07-13 04:57:06 AM  
Money just brings problems.  I have enough problems being poor.
 
2014-07-13 05:05:34 AM  
The big question here is whether or not she supports increasing the minimum wage, and how much she pays her employees.

If she pays her employees $40k in NYC, and doesn't support the minimum wage increase, then she's an evil person.

If she pays her employees well, and does support the minimum wage increase, then why should we give a flying fark?
 
2014-07-13 05:07:23 AM  

Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.

Private school is nice too, but if you're having that much of a problem with your finances maybe you should reconsider sending your daughter to a public school instead.

Maybe it's just me, but I'm having a hard time being sympathetic.


I mean, yes, it's quite true that a million dollars a year isn't the do-nothing-again sum it used to be; but it's not entirely necessary to be sending your daughter to a $44,000/year private school and paying $60K annually for a nanny. OR living in an $8000/mo apartment in New York.

I mean, I could live nicely on what she pays just her nanny--AND pay off Aunt Sallie Mae, so what's this woman's issue?
 
2014-07-13 05:13:49 AM  
This just in - most people will spend whatever they make.  Most people will also perpetually associate with people who earn similar wages, skewing their perception of 'normal'.

I know people who make minimum wage (~14.5k) in the US who are just barely getting by.
I know people who make 40k who are barely getting by.
I know people who make 100k who are barely getting by.

Meanwhile, there are lots and lots of countries where a minimum wage job in the US would put you into the upper-middle class range of earners.  Those people probably can't fathom how 14.5k USD isn't enough.  And they'd laugh at the poor minimum wage guy trying to justify how it's not a lot of money after a long list of trivial expenses.

Ha!  You have a car!  And you are complaining about how much it costs?  I HAVE A BICYCLE and a bicycle only!
CELL PHONE BILL?  You have a smart phone with unlimited data!
Rent?  You live in an 800 sq. ft. apartment!  Why do you need so much space!

It's all relative.  Very few people are ever content to live beneath their means.  Regardless of what they make, they're always just 'scrapping by'.  When something goes wrong, they begrudgingly adjust their standard of living to a lower level.  That's true of the rich guy who has to sell his second beach house, or the poor guy who has to stop drinking Pepsi and drink water because water is free.
 
2014-07-13 05:17:59 AM  
Can't get by on a million dollars a year? Fine, I suggest we give it to someone else and watch them do really well on it instead.

The nanny only gets sixty to seventy grand a year and yet she manages to live somehow. Amazing.
 
2014-07-13 05:28:13 AM  
Some people were meant to be poor. Even when they get millions of dollars, they race back to the poor house.
 
2014-07-13 05:30:34 AM  
she's a job creator.
 
2014-07-13 05:31:00 AM  

8 inches: Cue the "it's not FAIR someone makes a lot of money" crowd.


*crickets*
 
2014-07-13 05:32:45 AM  

Lee Jackson Beauregard: 8 inches: Cue the "it's not FAIR someone makes a lot of money" crowd.

*crickets*


Only thing worse than the 99% morons are the 1%-ers.
 
2014-07-13 05:34:03 AM  

eventhelosers: Money just brings problems.  I have enough problems being poor.


you would have less problems if you were rich. i am very very rich, and i have no problems. my biggest problem today was weather to lounge by the pool, or in the garden. and then jeeves didnt put enough ice in my drink. i fired him. after the customary whipping of course.
 
2014-07-13 05:35:04 AM  
i think i saw a brown person near the gate. call 911
 
2014-07-13 05:39:26 AM  

some_beer_drinker: eventhelosers: Money just brings problems.  I have enough problems being poor.

you would have less problems if you were rich. i am very very rich, and i have no problems. my biggest problem today was weather to lounge by the pool, or in the garden. and then jeeves didnt put enough ice in my drink. i fired him. after the customary whipping of course.


You sound fat.
 
2014-07-13 05:41:27 AM  

some_beer_drinker: i think i saw a brown person near the gate. call 911


CODE BLACK
 
2014-07-13 05:42:29 AM  
I have a little bit of sympathy for her - she's made a lot of choices that mean that she's expected to have a certain lifestyle and, if she didn't have that lifestyle, she wouldn't be as professionally successful.

As a result she has a lot of expense that she can't claim off her taxes (because they're lifestyle) but she can't take a step back and decide that no, she wants to bank it all instead.

However the question is - is she better off doing what she's doing now, than if she were somewhere else, earning $200k in Texas for instance?  I suspect the answer is still yes, so that's where my sympathy stops.
 
2014-07-13 05:56:16 AM  
Technically I could be making over 100k a year (being a rental property owner) I can have money one minute and broke the next. Thus being said I learn to live cheaply as possible. Rent can't go up; so I am stuck with 1990s rent prices and 2014 economy problems. Gas went up and every day building supplies. Suck it up buttercup because if you can't survive on a million you are obviously a fruit basket when it comes to your money.

Standard of living? No such thing; you manage your finances; if you are broke then you farked up somewhere. Private school for kids? well its a luxury - Apartment and a house? Well guess what - if its to much you sell one or the other. The article does a typical piss poor job, she seems to have well over 350k left over per year, my guess is she has a spending habit not listed. Nannies are $70,000 a year? LOL my guess is she thinks the little crotch fruit is worth more then a private school put together.
 
2014-07-13 06:05:07 AM  

Fark_Guy_Rob: This just in - most people will spend whatever they make.  Most people will also perpetually associate with people who earn similar wages, skewing their perception of 'normal'.

I know people who make minimum wage (~14.5k) in the US who are just barely getting by.
I know people who make 40k who are barely getting by.
I know people who make 100k who are barely getting by.

Meanwhile, there are lots and lots of countries where a minimum wage job in the US would put you into the upper-middle class range of earners.  Those people probably can't fathom how 14.5k USD isn't enough.  And they'd laugh at the poor minimum wage guy trying to justify how it's not a lot of money after a long list of trivial expenses.

Ha!  You have a car!  And you are complaining about how much it costs?  I HAVE A BICYCLE and a bicycle only!
CELL PHONE BILL?  You have a smart phone with unlimited data!
Rent?  You live in an 800 sq. ft. apartment!  Why do you need so much space!

It's all relative.  Very few people are ever content to live beneath their means.  Regardless of what they make, they're always just 'scrapping by'.  When something goes wrong, they begrudgingly adjust their standard of living to a lower level.  That's true of the rich guy who has to sell his second beach house, or the poor guy who has to stop drinking Pepsi and drink water because water is free.


True, but if you are expecting any sympathy for your 'struggles' from people who have less than you, then you are either incredibly stupid, or merely insane.
 
2014-07-13 06:18:51 AM  
I think she's out of her league and trying to fake social status she clearly cannot afford.
 
2014-07-13 06:24:32 AM  
Okay, you have a million dollar job, but it requires a million dollar lifestyle. You're balanced, although I personally believe in living at one class below your income. Nice to see she's paying $60k to the lower classes for nanny service.
 
2014-07-13 06:26:27 AM  
I can totally relate to this, since I'm trying to support a family of four (one still in utero) on a salary under $50K plus odd jobs here and there.  The math is very similar, just her numbers have more zeroes on the end.
 
2014-07-13 06:28:43 AM  
Expenses will almost always expand to the level of income you have.  Also, didn't rtfa but 1
Mil before taxes is probably half that after (fed, state, SSI and so on.).  I can certainly see where it could be hard to maintain an upper crust lifestyle in NYC.on 500k.
 
2014-07-13 06:32:16 AM  

Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.


Perhaps her mother is not able to take care of the child because of some kind of physical or mental disability.

Or possibly the grandmother is just unwilling. You shouldn't hold that against the mother.
 
2014-07-13 06:33:28 AM  

Gyrfalcon: Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.

Private school is nice too, but if you're having that much of a problem with your finances maybe you should reconsider sending your daughter to a public school instead.

Maybe it's just me, but I'm having a hard time being sympathetic.

I mean, yes, it's quite true that a million dollars a year isn't the do-nothing-again sum it used to be; but it's not entirely necessary to be sending your daughter to a $44,000/year private school and paying $60K annually for a nanny. OR living in an $8000/mo apartment in New York.

I mean, I could live nicely on what she pays just her nanny--AND pay off Aunt Sallie Mae, so what's this woman's issue?



Yeah, but to be fair, I don't think she's actually saying that she has a hard time getting by. She's pointing out that $1M/yr isn't the fark-you money people think it is. And she may feel (for good reason) that her income is somewhat precarious and she isn't saving/investing as much as she should be. I don't feel sorry for her, but I can understand that she doesn't feel as well off as she looks to the average farker. (And I could be mistaken, but I don't think she's asking anyone to feel sorry for her.)

/"supports her mother" can mean a lot of different things; some of them are legitimately quite expensive and could mean that grandmother-as-nanny is not feasible
 
2014-07-13 06:42:09 AM  
If you can't get by on a million a year you should do the universe a favor and kill yourself.
 
2014-07-13 06:44:26 AM  
It's almost as if this story was taken out of context from a much longer and wider-ranging interview.

And it's almost as if her point was more that a million dollars a year doesn't buy the financial security that people might think it does, because there are a lot of costs associated with where she has to live to work in her chosen field. And yes, if you're in the USA, you pretty much have to live in NYC to work in fashion at her level.

Come on. You guys know better than to take the Daily Fail at face value.
 
2014-07-13 06:47:28 AM  

Monkeyfark Ridiculous: Yeah, but to be fair, I don't think she's actually saying that she has a hard time getting by. She's pointing out that $1M/yr isn't the fark-you money people think it is. And she may feel (for good reason) that her income is somewhat precarious and she isn't saving/investing as much as she should be. I don't feel sorry for her, but I can understand that she doesn't feel as well off as she looks to the average farker. (And I could be mistaken, but I don't think she's asking anyone to feel sorry for her.)

/"supports her mother" can mean a lot of different things; some of them are legitimately quite expensive and could mean that grandmother-as-nanny is not feasible


There we go. You said what I was trying to say more succinctly and more clearly.
 
2014-07-13 06:48:30 AM  
So, lets figure this out, she's saying that HER million dollars in NYC is not as much as you might think given the high price to live there, and her kid's private school, and taking care of her mother, and whatever else she probably pays too much money for. If she was smart enough to make a million dollars, she should be smart enough to make another million, but will probably find more stuff to spend it on and expect us all to continue to show sympathy for her. Boo hoo, I have no sympathy. I survived in Silicon Valley for over a year making just barely over minimum wage-not easy at all, but I didn't whine about it, and eventually got a better job.
 
2014-07-13 06:50:39 AM  
So if a million a year is barely enough to get by, why all the acrimony about raising minimum wage?
 
2014-07-13 06:55:25 AM  

Krieghund: It's almost as if this story was taken out of context from a much longer and wider-ranging interview.

...

Come on. You guys know better than to take the Daily Fail at face value.


Oh this is absolutely an article designed to stir up the poors, no doubt about it.

but...

Krieghund: And it's almost as if her point was more that a million dollars a year doesn't buy the financial security that people might think it does, because there are a lot of costs associated with where she has to live to work in her chosen field. And yes, if you're in the USA, you pretty much have to live in NYC to work in fashion at her level.


yes there are a lot of cost o live there, but many of her costs she lists are completely her choice.

I know it's expensive to live there, but millions of people manage to live there for significantly less than a million a year.
 
2014-07-13 07:02:38 AM  
cloudfront.mediamatters.org

The millionaires are the real victims. Never forget.
 
2014-07-13 07:08:12 AM  
More like Hillary Clinton problems! Amirite!
 
2014-07-13 07:22:16 AM  
Why do people have children just to hand them off to a nanny? Seems like an un needed expense is you aren't going to raise and love them yourself. Don't have kids and get a better apartment.
 
2014-07-13 07:27:52 AM  

doyner: So if a million a year is barely enough to get by, why all the acrimony about raising minimum wage?


Because the people who can't get by on a million dollars a year think that minimum wage earners should be able to get by on a dollar a year.

Now, if I had a million dollars, not per year, just ever, that could be life-changing.

Take $150,000 and buy a house.  Around here, that's enough for a pretty dang decent family home.  4 bedroom, 2 bathroom, 2 car garage, decent little yard, in a good suburb.

Pay off all my debts.  Car loans on mine and my wife's cars.  Pay off credit cards, pay off student loans, some money I borrowed from a friend years ago.  That's maybe $30,000 tops between me and my wife.

Take $20,000 and set it aside, cash (or a mixture of cash and savings accounts), as an emergency/rainy day fund.

Take $10,000 and buy a lot of "I always wanted that/to do that" items.  First new computer in 5 years.  Some guns I always wanted.  Go on a Hawaiian vacation with my family.  Take a big road trip across the country and see Washington and New York.

Take $50,000 and buy a couple of new cars for me and my wife.  Nothing ridiculous, just newer versions of what we've already got.  A new Prius for her, a new Corolla for me.  With everything.  We've always had used cars, just brand new ones will mean a lot.

It's about 24 years until I can draw my state employee pension, and 25 years until I can draw my military pension.  Taking $240,000 and using it until I get my pension, that's enough to have about an extra $10,000 a year until I retire.  That's like an instant 25% pay raise.

Take $50,000 and my wife can finally go to college and not have to worry about doing it on student loans.

Take $50,000 and invest it as a college fund for our son.

Take $400,000 and invest it, and invest it well.  Talk to some professional advisers, get lots of advice.  No questionable advice, nothing dodgy.  Make some steady, long term investments in stocks, bonds, mutual funds, CD's ect.  When supplemented with  pensions, much more financial breathing room at retirement.

When your car is paid off, your house is paid off, and you don't have credit card or student loan debt, mine and my wife's jobs, plus $10k/year in cash, plus whatever the retirement investments produce, basically means that though I might not be able to quit my job and never work a day again in my life. . .it means we'd never have to worry about money again, ever.  Yeah, we'd have to work, but finances would be a lot less of a worry.  It also means that if by some nightmare either me or my wife lose our jobs, we're not broke and on the street.

Heck, when your rent and car payments and credit cards take up more than half your income, getting those out of the way (and replacing the rent with just the upkeep/property taxes on a house, since we already pay utilities that's not a change), just paying off the debts and buying a house goes a long way to transforming your everyday living.  A quarter million dollars could do an awful lot to just change things, much less a million.
 
2014-07-13 07:29:59 AM  
Based on your spending presented, you would be in jail for not paying taxes.
 
2014-07-13 07:30:37 AM  
On 60k I'm living a life that would make her weep.
 
2014-07-13 07:34:52 AM  
Cut back on the male prostitutes and blow, sister.
 
2014-07-13 07:34:58 AM  
Saving up for a dental check-up.  Winning.
 
2014-07-13 07:45:01 AM  

Munchkin City Coroner: All I came to post is that I will not click mailonline.


No one cares.
 
2014-07-13 07:55:52 AM  
The scary part of this is when the million dollars a year stops, but the expenses continue. Ask the 60 percent of professional athletes who declare bankruptcy within five years of retirement.

With a résumé that rests on the fragile foundation of "fashion consultant" and "reality TV star," this woman probably stays awake nights more than we realize.
 
2014-07-13 07:59:42 AM  
Wow. She really overpays her nanny. $60-70k per year to take care of one 12 year old? I hope it's a nanny/housekeeper.
 
2014-07-13 08:01:53 AM  

MyRandomName: Based on your spending presented, you would be in jail for not paying taxes.


Also this. Total Income taxes for a NYC resident on a million in income would likely be over $400k.
 
2014-07-13 08:03:04 AM  

Silverstaff: Now, if I had a million dollars, not per year, just ever, that could be life-changing.


Does working for 50 years at $20,000 a year count?
 
2014-07-13 08:03:49 AM  

Active introvert: Why do people have children just to hand them off to a nanny? Seems like an un needed expense is you aren't going to raise and love them yourself. Don't have kids and get a better apartment.


She works. Should she quit her job and go on public assistance to support her and her child?
 
2014-07-13 08:11:40 AM  
It ain't pretty, but I've survived in NYC on less than 30K/year for the last few years. Sounds like she's bad with money.
 
2014-07-13 08:15:11 AM  
The kid is 12 years old, not five. There is no need for constant supervision anymore, so why does she need a nanny?
 
2014-07-13 08:15:30 AM  
AWWW...Bless her heart.
 
2014-07-13 08:18:07 AM  
I could easily live on a million a year but then I don't live in NYC or have a kid. Pretty sure she could cut some costs if she wanted to though.
 
2014-07-13 08:27:22 AM  
Will this article destroy her street cred with the A-listers?
 
2014-07-13 08:31:28 AM  
A million dollars isn't all that much after I spend it
 
2014-07-13 08:33:15 AM  
Poor woman, the obvious answer is no taxes on people that make over a million dollars because I can't see them suffer like that anymore!
 
2014-07-13 08:40:07 AM  

Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.

Private school is nice too, but if you're having that much of a problem with your finances maybe you should reconsider sending your daughter to a public school instead.

Maybe it's just me, but I'm having a hard time being sympathetic.


Agreed, I'm playing the world's tiniest violin for her right now.
 
2014-07-13 08:46:36 AM  

8 inches: Cue the "it's not FAIR someone makes a lot of money" crowd.

Don't hate the player, hate the game that encourages dependency. A game that would rather see equality than exceptialism. Hate the hand you hold, because it holds you down.


People who regurgitate stock cliches are really annoying
 
2014-07-13 08:47:32 AM  
The classically stupid argument of: after expenses, I don't have much money.  A million dollars in income annually is still a lot of money, even in New York.  The median household income in New York City is a touch over 50k.  For Manhattan it's around 65K.  If she can't make ends meet making 15-20 times what the average person she can see  from her penthouse walking on the street below suite makes, she's a farking moron.

This isn't about her "success" and/or punishing or applauding it.  It's about how farking out-of-touch saying $1 Million isn't a lot of money IS.  Not sounds, IS.  She's comparing herself to people who make more money and disregarding the overwhelming majority who make less.
 
2014-07-13 08:48:19 AM  
she can see  from her penthouse walking on the street below suite makes, she's a farking moron.

FTFM
 
2014-07-13 08:50:16 AM  
If it's it in Daily BRAINFAIL, we can be sure of the following:

1. It's all totally true, accurate and legit
2. It's OK, in fact, a duty, to seethe with hatred at the stupidhead stupids in the totally legit story
3. We can make sweeping generalizations about the world based upon it
 
2014-07-13 08:53:12 AM  

dbirchall: Silverstaff: Now, if I had a million dollars, not per year, just ever, that could be life-changing.

Does working for 50 years at $20,000 a year count?


No.  Not at all.

If you'd bothered to even read the post I made, I was pointing out how even a few hundred thousand dollars, at once, can go a long way to creating long-term financial stability for a middle class household by paying off at once things that eat up most of your income like buying a house to escape from the pit of rent, buying a new, durable car to escape from the payments on a beat-up car, paying off credit cards and student loans.

It's not "never need to work again" money, but it basically means that you're under a lot less financial stress.
 
2014-07-13 08:59:50 AM  
I'm just past 60 now. If I had just 250K tax free, I could retire Now and live the next/last 10 yrs of my life comfortably enough. Dad died at 73, Granddad died at 72 so the Clock is staring me in the face now. I'm gonna be sorry for some Rich Broad? I don't think so.
 
2014-07-13 09:02:37 AM  

Thunderboy: It ain't pretty, but I've survived in NYC on less than 30K/year for the last few years.


wpcontent.answcdn.com

 
2014-07-13 09:04:10 AM  
Sounds like she needs to read some Mr. Money Moustache.  He's over the top, but his ideas taken to a more reasonable level are great for everyone to think about.

Note: Lot's of cursewords on the site- not sure if that's an issue for any of you at work on a Sunday morning.
http://www.mrmoneymustache.com/
 
2014-07-13 09:08:17 AM  

Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.


I too support my mother, from a distance.  It's one thing to love and support your mom.  It's another to have her around, every day.
 
2014-07-13 09:17:13 AM  
Her income is based somewhat on her having a lifestyle supported by conspicuous spending.  Thats probably only 15 to 20 thousand annually though.  The house in the suburbs needs to go, or the apartment in the city pick one.   For her job I'd personally keep the apartment even though it isn't earning equity.  Either that or pay off the house using part of the 300,000 extra she makes per year. (there is another option though which is rent the apartment through her pr firm making the house her official residence so the interest is tax deductible, if she hasn't already refinanced do it now so that the interest is moderately low.)  The pr firm can claim having a manager with the ability to host high level get together in the city is a business expense.  I don't have her scale of money, and have worked in finance so thought I could manage the money I was making but with vehicle and who owned what directly with a business I partially own I was able to save a significant amount in taxes and insurance by putting a pick-up truck in the business's name  as well as a small building, Both of them were used more for business anyway but do have some personal use as well, I need to be a little careful to keep them mainly business functions  (its really not hard).  Deductingmileage used for work for my personalvehicle and making some of my pay a bonus helped a bit. Was just interesting how knowing tax stuff and figuring out that somethings when purchased by businesses get better rates can save a lot of money.  I bet she could save a good bit of money by doing the same thing.
 
2014-07-13 09:22:10 AM  

Klopfer: The kid is 12 years old, not five. There is no need for constant supervision anymore, so why does she need a nanny?


If she needs to go out of town on a business trip. A 12 year old cannot be left on her own for 2-3 days. Nor will most babysitters tolerate being called in for variable hours. If you want someone trustworthy and caring to be available at a moment's notice, 24/7/365, $70K/year is a barely-fair wage for that in NYC, once you include health insurance and payroll taxes.
 
2014-07-13 09:22:42 AM  
Pitchfork and torch brigade aside, is anyone else extremely annoyed by expense budgets expressed in a slapdash mixture of yearly and monthly terms?

"Where does my money go? Oh, well there's $40,000 to the private school, and $8,000 for apartment rent, and $350,000 for taxes, and $650 for parking."

Put it all in yearly terms and give us your annual income, or else put it all in monthly terms and give us your monthly income. Jeez!
 
2014-07-13 09:25:23 AM  
I wish my mortgage was only $8000 a year.
 
2014-07-13 09:32:25 AM  

ManInABlueShirt: I have a little bit of sympathy for her - she's made a lot of choices that mean that she's expected to have a certain lifestyle and, if she didn't have that lifestyle, she wouldn't be as professionally successful.

As a result she has a lot of expense that she can't claim off her taxes (because they're lifestyle) but she can't take a step back and decide that no, she wants to bank it all instead.

However the question is - is she better off doing what she's doing now, than if she were somewhere else, earning $200k in Texas for instance?  I suspect the answer is still yes, so that's where my sympathy stops.


^^THIS.^^

Though it sounds like she isn't really asking for sympathy, just pointing out cost of living differences.

I understand that doubling my income by moving to a big city wouldn't necessarily improve my quality of life, but there are folks who fantasize about getting that city pay and using it out in the sticks, as if commuting, dressing for the job, and required schmoozing were all free.
 
2014-07-13 09:42:29 AM  

Tunney: I wish my mortgage was only $8000 a year.


I have 6 houses that have mortgages and it don't even come close to $8000 a year.
 
2014-07-13 09:44:35 AM  
home.comcast.net
 
2014-07-13 09:48:14 AM  
Oh that poor thing! There there now, it will be alright little millionaire living in gross excess. It will be alright. Just put these two barrels in your mouth and let Mr. Twelve give you a nice well earned double kiss. Everything will be fine after that, it will all go away and your big million dollars will be big to you again. Just push on that little million dollar blessing trigger there you poor thing and all your suffering goes away. All your bills and pain and missed caviar all go away forever. You will have nothing but peace and content with a powerful million dollars. Just wrap your mouth around those barrels and give the trigger a push.

End of sympathy for millionaire irresponsible fat coont.
 
2014-07-13 10:12:58 AM  

Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.

Private school is nice too, but if you're having that much of a problem with your finances maybe you should reconsider sending your daughter to a public school instead.

Maybe it's just me, but I'm having a hard time being sympathetic.


But if her kid goes to public school, there may be minorities in the classroom, I mean the schools won't be as good.
 
2014-07-13 10:16:44 AM  
Really? Can't make it by on a mil a year? If i made 10% of that I'd live like a king with a shiatload left over. Guess rich folk think that just cuz you got money you need to spend it. Never really understood that. Even the times when I have plenty of extra cash to blow i don't.
 
2014-07-13 10:18:46 AM  

Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.

Private school is nice too, but if you're having that much of a problem with your finances maybe you should reconsider sending your daughter to a public school instead.

Maybe it's just me, but I'm having a hard time being sympathetic.


Can't apply logic to stupid, kid
Sympathetic, I am not
 
2014-07-13 10:23:18 AM  
doyner: So if a million a year is barely enough to get by, why all the acrimony about raising minimum wage?

Because the people who can't get by on a million dollars a year think that minimum wage earners should be able to get by on a dollar a year.

Now, if I had a million dollars, not per year, just ever, that could be life-changing.

Take $150,000 and buy a house.  Around here, that's enough for a pretty dang decent family home.  4 bedroo

Silverstaff: doyner: So if a million a year is barely enough to get by, why all the acrimony about raising minimum wage?

Because the people who can't get by on a million dollars a year think that minimum wage earners should be able to get by on a dollar a year.

Now, if I had a million dollars, not per year, just ever, that could be life-changing.

Take $150,000 and buy a house.  Around here, that's enough for a pretty dang decent family home.  4 bedroom, 2 bathroom, 2 car garage, decent little yard, in a good suburb.

Pay off all my debts.  Car loans on mine and my wife's cars.  Pay off credit cards, pay off student loans, some money I borrowed from a friend years ago.  That's maybe $30,000 tops between me and my wife.

Take $20,000 and set it aside, cash (or a mixture of cash and savings accounts), as an emergency/rainy day fund.

Take $10,000 and buy a lot of "I always wanted that/to do that" items.  First new computer in 5 years.  Some guns I always wanted.  Go on a Hawaiian vacation with my family.  Take a big road trip across the country and see Washington and New York.

Take $50,000 and buy a couple of new cars for me and my wife.  Nothing ridiculous, just newer versions of what we've already got.  A new Prius for her, a new Corolla for me.  With everything.  We've always had used cars, just brand new ones will mean a lot.

It's about 24 years until I can draw my state employee pension, and 25 years until I can draw my military pension.  Taking $240,000 and using it until I get my pension, that's enough to have about an extra $10,000 a year until I retire.  That's like an instant 25% pay raise.

Take $50,000 and my wife can finally go to college and not have to worry about doing it on student loans.

Take $50,000 and invest it as a college fund for our son.

Take $400,000 and invest it, and invest it well.  Talk to some professional advisers, get lots of advice.  No questionable advice, nothing dodgy.  Make some steady, long term investments in stocks, bonds, mutual fund ...



Assuming you'd continue living a normal middle-class lifestyle that's a great plan.  Making more money almost always includes some lifestyle creep.  My wife and I are just over 6 figures and 1 million would barely make a dent in our long term financial calculus.  I live in a high cost-of-living area, so that skews my numbers significantly compared to you.  Certainly not "fark you" money.  You're lucky you live in a lower cost area and would opt to stay there.

We'd sell our house to have an extra 50-70k, and buy something nice in the $450-500k range, which is a nice family house in a good public school district where we live.  Following that, buy my wife a new crossover, and then bank the rest in savings, moving the max over to a tax shielded account annually..

Yes it would give me an extra $2k a month because I'm no longer paying my mortgage, but I'd still be working the same job making the same commute taking the same amount of time off a year.  virtually the only luxury I would consider is joining one of those boat-share clubs, because we both love being on the water and it turns out it's cheaper than buying and maintaining one.

Granted, we would have the security of knowing that unless the market takes a giant shiat on us, with a half million invested by 30 we'll be sitting on a nice chunk of change come retirement age, so there is that.  Add that to my military retirement and I might be able to leave the work force by 50.
 
2014-07-13 10:24:06 AM  
Monkeyfark Ridiculous:


Yeah, but to be fair, I don't think she's actually saying that she has a hard time getting by. She's pointing out that $1M/yr isn't the fark-you money people think it is.

In NYC, no it isn't. But so farking what? Why is this womans financial issues worthy of a newspaper article.
Oh.....MailOnline, and 'fashion', and NYC. That's why.

$1mil/year IS "fark you money" except in very, very limited places.
$1mil once is "fark you money" in most places.
 
2014-07-13 10:28:22 AM  
Well, she lives in the most expensive city in America. Hell, move to Detroit! With a million a year, she'll be making more than the entire city and could own at least half of it.
 
2014-07-13 10:31:20 AM  
People who actually work for their paycheck, even a million dollar paycheck, have never been the problem.  She works for her money, and it's very easy for the expenses associated to running an independent business (as she does) or family household expenses, or taxes to gobble up the lion's share of ones salary.  It's not that a million dollars doesn't go far, it's just that it doesn't go far for her business & home situation.

The problem is really people who inherit their wealth, and immediately squirrel it away in a system where it does not get taxed, and run public companies that consistently underpay their workers, etc etc.  This is where the damage to the economy comes from.
 
2014-07-13 10:37:38 AM  
One Million $$ would last me for the rest of my life.

Unless I stub a toe on a doorframe, break the toe and have to go the Emergency room. Then I'll be bankrupted, they'll take our ranch and because of data-mining hospital records the NSA will track my bowel movements for the rest of my life ..
 
2014-07-13 10:38:25 AM  
A quick Google calculator says that I'd have to make a little less than 58,000 in Manhattan to have a comparable income and standard of living as I do in Indiana at 27,000.

I'm not the brightest bulb in the box, so let's say that I need 75,000 just because things ARE more expensive. And let's assume a kid is just as expensive (and bad at hypothetical math) as I am. Another 75K.
I'm still not seeing the million dollars being cost prohibitive.

She's got a farking spending problem.
 
2014-07-13 10:51:16 AM  

E5bie: ManInABlueShirt: I have a little bit of sympathy for her - she's made a lot of choices that mean that she's expected to have a certain lifestyle and, if she didn't have that lifestyle, she wouldn't be as professionally successful.

As a result she has a lot of expense that she can't claim off her taxes (because they're lifestyle) but she can't take a step back and decide that no, she wants to bank it all instead.

However the question is - is she better off doing what she's doing now, than if she were somewhere else, earning $200k in Texas for instance?  I suspect the answer is still yes, so that's where my sympathy stops.

^^THIS.^^

Though it sounds like she isn't really asking for sympathy, just pointing out cost of living differences.

I understand that doubling my income by moving to a big city wouldn't necessarily improve my quality of life, but there are folks who fantasize about getting that city pay and using it out in the sticks, as if commuting, dressing for the job, and required schmoozing were all free.




Property taxes are much higher in Texas.
 
2014-07-13 10:57:39 AM  
A nanny? FFS. Be a farking MOM.
 
2014-07-13 11:13:01 AM  

Silverstaff: dbirchall: Silverstaff: Now, if I had a million dollars, not per year, just ever, that could be life-changing.

Does working for 50 years at $20,000 a year count?

No.  Not at all.

If you'd bothered to even read the post I made, I was pointing out how even a few hundred thousand dollars, at once, can go a long way to creating long-term financial stability for a middle class household by paying off at once things that eat up most of your income like buying a house to escape from the pit of rent, buying a new, durable car to escape from the payments on a beat-up car, paying off credit cards and student loans.

It's not "never need to work again" money, but it basically means that you're under a lot less financial stress.


Silverstaff, if you ever do inherit a million dollars, the first thing you need to buy is a sense of humor.
 
2014-07-13 11:23:43 AM  

E5bie: Klopfer: The kid is 12 years old, not five. There is no need for constant supervision anymore, so why does she need a nanny?

If she needs to go out of town on a business trip. A 12 year old cannot be left on her own for 2-3 days. Nor will most babysitters tolerate being called in for variable hours. If you want someone trustworthy and caring to be available at a moment's notice, 24/7/365, $70K/year is a barely-fair wage for that in NYC, once you include health insurance and payroll taxes.


Or you could call her grandma instead of paying for a nanny that is probably only really needed for three days per month.
 
2014-07-13 11:28:59 AM  

Fark_Guy_Rob: most people will spend whatever they make. Most people will also perpetually associate with people who earn similar wages, skewing their perception of 'normal'. [...] It's all relative. Very few people are ever content to live beneath their means.


This is true, and it seems really stupid to me. I have always lived below my means and want to continue to do that so I can eventually pay off my mortgage and then only work part-time or not work at all. Then again, in my last year in college, the dot-com bubble burst. I heard many tales of people who had no or limited savings and then got fired and had trouble finding a new job on alt.tech-support.recovery. This shaped my thinking about the future. When I got a job, I got an apartment that was cheaper than what I could afford and continued living like a starving student for a while.

My friends and cow-orkers aren't going to look down their noses at me because my clothes aren't up to the minute and my car's 11 years old. People in TV/fashion/sales/marketing and similar fields have to spend a lot more on looking fashionable, though, because they're judged on how they look. Living in NYC also presents its own odd set of problems.

(Income £100 , expenses £99.75 = happiness,
Income £100 , expenses £100.25 = misery)
 
2014-07-13 11:45:43 AM  
Single mom problems
 
2014-07-13 11:53:35 AM  

trappedspirit: Single mom problems


I think it has more to it than just the fact that she is nothing more than a semen dumpster.
 
2014-07-13 11:56:22 AM  

Billy Bathsalt: Saving up for a dental check-up.  Winning.


I laughed heartily at this. /Been that damn poor
 
2014-07-13 11:59:14 AM  

Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.


Mom may be unable to take care of a child, untrustworthy, or just too kook-a-loo.

Private school is nice too, but if you're having that much of a problem with your finances maybe you should reconsider sending your daughter to a public school instead.

I can't believe the number of otherwise fairly down-market parents I hear about who scrimp and pinch to send their kids to a private school.  Guess what, public schools produce lots of well-educated kids with great careers, and your kids are not going to be in some rich guy's rolodex in 20 years because he spent Grade 6 laughing at their $30 shoes.

Maybe it's just me, but I'm having a hard time being sympathetic.

Well of course you aren't and neither am I.  There are people existing literally within a few blocks of these farking whiners who started life with nothing, will die with nothing, and will never have even a fighting chance to change that.
 
2014-07-13 12:04:17 PM  

Klopfer: Or you could call her grandma instead of paying for a nanny that is probably only really needed for three days per month.


Grandma, who is probably sitting by the phone, waiting and waiting for it to ring.....I have no sympathy. She built a life, and made a lot of money, based on artifice and materialistic values, now she has to live up to them and it costs too much money! Boo hoo hoo.
 
GBB
2014-07-13 12:07:19 PM  
It is time Gotham is purged.
img3.wikia.nocookie.net
 
2014-07-13 12:53:20 PM  
Quantum level violin playing engaged.
 
2014-07-13 12:56:16 PM  
FTFA:'$1 million isn't a lot of money anymore': Kelly Cutrone on how her annual salary 'barely covers' nannies, car parking and a New York apartment


Can we go ahead and start killing each other now? All of us? I would like to get that started, if its ok with everybody. I think we need to go ahead and make way for the cockroaches, so if somebody could start launching nukes and get this end of the world thing started I would appreciate it.

thx

/I wish I could drown the world in shiat.
 
2014-07-13 12:57:23 PM  

8 inches: Cue the "it's not FAIR someone makes a lot of money" crowd.



It's fine if they make a lot of money.
It's not fine if they b*tch that the millions they make isn't enough that pisses people off.

Thank whatever deities or universal forces you believe in that you are this fortunate,
take the farking money,
and shut the fark up.
 
2014-07-13 01:27:37 PM  

Krieghund: Bathia_Mapes: I notice she supports her mother, which is nice, but I'm wondering why she doesn't have her mother take care of her kid instead of hiring a nanny.

Perhaps her mother is not able to take care of the child because of some kind of physical or mental disability.

Or possibly the grandmother is just unwilling. You shouldn't hold that against the mother.


I'm not holding it against her in the least. More just wondering if that was an option for this woman.
 
2014-07-13 01:30:32 PM  
Bathia_Mapes:
I was thinking more that in this woman's social circles, it is mandatory to have a nanny, and not Grandma.
 
2014-07-13 01:45:37 PM  

blacksharpiemarker: I'd settle for a fair paying job, an affordable rental, and cheaper living costs.

It's all a matter of perspective I suppose. I don't believe money to be the evil that has spoiled society, it's the apathy and disregard we hold for what's truly valuable vs what the mass illusion dictates.

Articles such as these aim to infuriate the majority of us into believing we should envy or despise this woman. If you are an individual who has come to realize the true priorities of life, you should ultimately feel pity for her.


"The love of money" is the root of all evil, not money itself.
 
2014-07-13 01:50:04 PM  

Munchkin City Coroner: All I came to post is that I will not click mailonline.


I only came to the thread to find out if MunckinCC would or would not click on mailonline.

I'm glad you let me know.  I wouldn't have been able to sleep otherwise.
 
2014-07-13 02:15:20 PM  
Hmm, well...in two years, after paying off all of our debt except the mortgage, and with a combined income of about $58,000, we'll have more money going into savings every month than coming out for expenses and luxuries. So, nope. No sympathy here. We're technically poor and yet we feel rich.
 
2014-07-13 05:25:12 PM  
i2.cdnds.net
 
2014-07-13 07:30:09 PM  

arashinogarou: Hmm, well...in two years, after paying off all of our debt except the mortgage, and with a combined income of about $58,000, we'll have more money going into savings every month than coming out for expenses and luxuries. So, nope. No sympathy here. We're technically poor and yet we feel rich.


And you proved my thought, her income is enough, it's her money handling that is wrong.  The amount of income means nothing when you get in the habit of spending all or above of it, every year.
 
2014-07-13 07:53:17 PM  
TL;DR version: Even people who make a lot of money can be bad at living within their means.
 
2014-07-13 08:18:30 PM  

lack of warmth: arashinogarou: Hmm, well...in two years, after paying off all of our debt except the mortgage, and with a combined income of about $58,000, we'll have more money going into savings every month than coming out for expenses and luxuries. So, nope. No sympathy here. We're technically poor and yet we feel rich.

And you proved my thought, her income is enough, it's her money handling that is wrong.  The amount of income means nothing when you get in the habit of spending all or above of it, every year.



Exactly. This is why I fear the day my parents win the lottery; odds are, they will have blown it all in the first year.

That's not to say I wouldn't blow a ton of money if I won it either; I'd buy a bigger house, a better car, a better life for my parents and sister, etc. just like everyone would. But I do have enough sense to know that whatever I didn't spend or give away, I'd (like to think I would) bank for retirement. But honestly, free money has no respect attached to it. Odds are if you don't work hard for it (and I can't imagine this lady's job being very hard), you won't care about it and you'll blow it on stupid stuff.
 
2014-07-13 09:01:28 PM  
She needs a 2nd job, maybe on an off shift.
 
2014-07-13 10:45:55 PM  
If I made a million a year, I would be retiring early as a billionaire.
 
2014-07-13 11:28:19 PM  

umad: If I made a million a year, I would be retiring early as a billionaire.


You could work for 1,000 years and retire early?

Oh, wait, there's the magic of compound interest.
Let's see... save all $1,000,000 each year, earn an average of 5% on all savings... { bn = bn-1 * 1.05 + 1,000,000 }...
You could work 81 years and retire early!

Oops, forgot to consider that would be interest on top of inflation. Let's plug 10% into the iteration instead...
You could work 49 years and retire early!
 
2014-07-13 11:45:58 PM  
Any fiducially responsible person would move to a duplex in Iowa and save a butt ton on rent.  And never eat out.  At least not in NY.  Unless it's under a bridge and was cooked over a burning 50 gal barrel.  And she should farm her daughter out.
 
2014-07-14 05:57:27 AM  

WeenerGord: Thunderboy: It ain't pretty, but I've survived in NYC on less than 30K/year for the last few years.

[wpcontent.answcdn.com image 220x314]


Fortunately, a little bit better than that.
 
2014-07-14 11:53:23 AM  

E5bie: umad: If I made a million a year, I would be retiring early as a billionaire.

You could work for 1,000 years and retire early?

Oh, wait, there's the magic of compound interest.
Let's see... save all $1,000,000 each year, earn an average of 5% on all savings... { bn = bn-1 * 1.05 + 1,000,000 }...
You could work 81 years and retire early!

Oops, forgot to consider that would be interest on top of inflation. Let's plug 10% into the iteration instead...
You could work 49 years and retire early!


Yes, it was hyperbole. The point was that you should be filthy rich when you retire if you are pulling in that much every year. If you don't have your head up your ass, that is.
 
2014-07-14 03:35:11 PM  
One million dollars a year is like $75,000 a year in the Fifties. A lot of money for the masses, feck all for the classes, at least in major cities and rich towns. So she's right, it is not a lot of money but it is plenty of money, even in New York City.

Waiter, reality cheque!

One, the expenditures she mentions don't add up to a million.

Two, she could cut her expenditures in many ways.

Three, what about a spouse and spousal income? Is she a single mother just getting by on one million a year?



An average three bedroom apartment in New York City, namely one that looks like it came straight out of Roz Chaz cartoon, is about $1.5 million. Following the five year income rule of thumb, you should make $300,000 a year to afford that. She's got plenty of money. It's that money pit in Connecticut or Westchester that is sucking up her money. Who said you could be middle class and have a pied-à-terre in Manhatten? She' having her cake, eating it too, and biatching about it. She's a perfect New Yorker. I bet she was born on a dirt farm in Iowa.

Speaking of Roz Chaz, I bought her latest book, Why can't we talk about something more pleasant? about taking care of her elderly parents while living in Connecticut. Now if you want a sad story, there`s one. Her parents lived into their Nineties. Like most people who do that, they outlived their bodies (her Mother) and their minds (her Father). Bless her, they were obviously the models for the lovable and insane people in her cartoons. There are photos of some of their stuff. They were the models for the lovable and insane  things in her cartoons. They were modest, good people. And naturally they drove her crazy all of their lives and made her life a daily trial while they fell to pieces.

$8000 a year for the basic seniors home experience, without extras. An apartment in New York. A house in Connecticut, children. Medical bills and taxis and legal advice and Alzheimer's and a Mother he climbs ladders at eighty plus. Plus a store room that contains all the junk of a life time and which a real estate agent would call a walk-in closet and suggest would make a bijou office.

Pity Roz Chaz, not this Girl in the City.

Roz Chaz probably does not make a million a year. She's a cartoonist dammit. Only Scott Adams makes that kind of walking around money and he is an entrepreneur born and bred. He'll find a way to get rich or else write some books about trying, not unlike Mark Twain who got "rich" about five times and turned down an offer from a young man named Alexander G. Bell because he had lost money on several ventures at that time and was feeling once burned and twice shy.

It's true that some of those people in government senior's residences never had it so good. Good for them. I am glad. They worked their asses off at hard unpleasant jobs and raised a family to boot. They deserve to have it good by a much higher standard than they are getting even now. And I'm talking Canada here, not Alabama or the Bronx. Free medicare for all and the family has a modest co-pay perhaps but basically a lot of the people who could never ever afford to retire get to retire when they are too old to be carried by their children and grandchildren and great-grandchildren and I say HUZZAH because I am a Liberal and hope not to end up dead on a street corner.

The sad fact is that there are needy greedies (and beaux nasties) in all classes from the top to the bottom. Some people are never satistified, some people are only partially satisfied, and some people ain't got no satisfaction and aren't going to get any.

There's nothing new about any of this. I am sure that at least half of the population of any class leads lives of quiet desperation and more than a few of the rest are very noisy about it.
 
2014-07-14 03:49:02 PM  
I have read an extraordinary amount of old satire and humour and thus have keen insights into life in the 1840s, the 1940s and a lot of other strange places. The past is a foreign country, they do things differently there. But not really. People are the same the world over and through all space and time.

Take a London solicitor, hoping to become a rich lawyer some day. As Adam Smith pointed out, the professions are full of people hoping to make a fortune who never will. Parents spend massive amounts of money on education and setting their precious snowflakes up in business or a profession and their hopes are usually dashed to Hades. It can be as likely that a gold miner will find gold as that a lawyer will find some in lawyering. There is a massive over-supply of young lawyers, and it comes as no surprise that half of them never get to practice the law. Same for doctors. Architects. Priests even. Most of them fail the way that small businesses fail:  in the beginning, before they start even.

A young London legalist could make about GBP500 or GBP 600 A YEAR in the 1840s. He and his lovely first wife could VERY easily spend twice that.

Rented apartments, rented servants, rented horses and grooms and carriages, rented jewels, rented furniture, rented clothes. Living the high life on a lawyer`s salary was a sham and everybody thought everybody else had the real deal and thus felt obliged to keep up with the Jones (if in New York) or the Smythe-Smythe-Smythe's (if in London or hiding from the debt collectors in Paris or Brussels).

Even the dinners were rented. Get this--much of the meat and side dishes on the table were rented with the silver and china and the rude waiters and if you actually ate any of it you'd pay several times what it was worth. Dishes were shoved under the noses of the guests from the left and whisked away on the right. Not every dish on the table was for dining. Many were for show.

At the end of the week the same roast might see six tiny dining rooms and end up in the belly of a poor man around the corner who had the stomach to eat beef that had sat unrefrigerated for a week.

Ha! ha! Sucks to be middle class.

Of course the middle classes are much richer now. At least they get to eat what is put in front of them in restaurants and hotels. But the rich still think they are poor despite living several times above their means. Gee, I wonder. Could they really be poor? No, they're just farking stupid and greedy.

But yes, I do feel more sympathy for these people than you might think. I am in favour of levelling.I believe it is the best thing not only for the poor (and the rest of us who aren't really poor and don't think we are) but it is also the best thing for the pseudo-rich and even the really quite sincerely rich.

All kinds of studies (psychological, sociological, moral, religious, political and economic) show that an egalitarian society is not only happier and saner and safer and more just than a greatly unequal one, but that it is also really richer. Sharing the wealth is the fastest way to pump up an economy in free-fall and it is the best way to make a society richer.

Fortunately, some of the rich have always been good and wise, within reasonable limits, while many of the middle classes and even working classes have been educated and smart enough to see that this is so. Sadly, we still have the rich with us. I'm sure that is what Jesus meant to say instead of saying that we will always have the poor with us, but Himself not so much.
 
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