Not to mention anyone with a full size SUV or Truck probably has a more expensive car. But if you have a sedan with a luxury badge... Sheesh.
Not to mention anyone with a full size SUV or Truck probably has a more expensive car. But if you have a sedan with a luxury badge... Sheesh.I was just curious because I've never seen anyone consider a $46k car as an expensive or "rich" car. I mean I think Honda Accords can be like $35k now.
You've got to understand that we have a lot of government assisted apartments scattered around in all of the good neighborhoods. The government feels that these people have a right to live in our neighborhoods, even though if you look at the crime reports, the majority of the crime comes from these subsidized apartments. These people can barely afford a car, and there is no real public transportation (unless you consider school buses public transportation). So yes, everyone else around them is RICH in comparison.I was just curious because I've never seen anyone consider a $46k car as an expensive or "rich" car. I mean I think Honda Accords can be like $35k now.
Yah see that doesn't appeal to me, and is a reason I'd pay more to live in a different area.You've got to understand that we have a lot of government assisted apartments scattered around in all of the good neighborhoods. The government feels that these people have a right to live in our neighborhoods, even though if you look at the crime reports, the majority of the crime comes from these subsidized apartments. These people can barely afford a car, and there is no real public transportation (unless you consider school buses public transportation). So yes, everyone else around them is RICH in comparison.
Section 8 apartments are usually not in good neighborhoods. I don't know of any Section 8 near me.You've got to understand that we have a lot of government assisted apartments scattered around in all of the good neighborhoods. The government feels that these people have a right to live in our neighborhoods, even though if you look at the crime reports, the majority of the crime comes from these subsidized apartments. These people can barely afford a car, and there is no real public transportation (unless you consider school buses public transportation). So yes, everyone else around them is RICH in comparison.
My city had all of the old section 8 housing torn down, and decided to scatter all of the section 8 residents to apartment complexes all over the city (although most were moved to new apartments in good areas), and subsidizes their rent. So basically they turned most apartment complexes to section 8 housing, or a mix of section 8 and other, unless of course you want to pay $2K+ a month for renting an apartment that doesn't accept the government handout, which of course is hard to find.Section 8 apartments are usually not in good neighborhoods. I don't know of any Section 8 near me.
https://www.reddit.com/r/thatHappened/I was just curious because I've never seen anyone consider a $46k car as an expensive or "rich" car. I mean I think Honda Accords can be like $35k now.
My city had all of the old section 8 housing torn down, and decided to scatter all of the section 8 residents to apartment complexes all over the city (although most were moved to new apartments in good areas), and subsidizes their rent. So basically they turned most apartment complexes to section 8 housing, or a mix of section 8 and other, unless of course you want to pay $2K+ a month for renting an apartment that doesn't accept the government handout, which of course is hard to find.
And just how many people who get Section 8 or use HUD actually do commit crimes? A good portion them are done by visitors who don't live there.They did that near me too. Thought that by putting them in 'normal' neighborhoods they would be able to get jobs, have food nearby and generally acclimate to a more productive way of life. All it did in reality was spread crime into areas that were previously safe.
All of 'em.And just how many people who get Section 8 or use HUD actually do commit crimes? A good portion them are done by visitors who don't live there.
Living an expensive lifestyle just for "keeping up with the Jones" and Conspicuous Consumption are entirely pointless behaviors and can cause harm to Mental Health not to mention your finances.I don't disagree that we should talk about it more, but I understand why we don't.
I don't like to talk about finances except pretty much anybody but my parents and siblings, and even then they don't need all the details. In general I just don't like attention and don't like to brag. There's always going to be a portion of that population that isn't doing as well. And as much as it would probably be good for those people to have honest, healthy conversations about finances, I think many of them would be more prone to jealously or spite.
One of my wife's friends has talked to her therapist about how she struggles with the fact that they don't do as well financially as us and their other friends. And that's just based on things that people can see, like cars or homes or whatnot. I don't want to make that situation any weirder.
I just looked up an old friend/mentor the other day. Hadn't spoken to him in 3-4 years, only to find he died 2 years ago at 58 (natural causes). Really got to me, thinking about life. I know the government and everyone loves to push the 'save everything you can for retirement' crap, but the reality is I know more people who die shortly after they retire than live into their 80's-90's. Makes you stop and think about it.
But that is kinda my point. External displays of wealth (big house, fancy cars, expensive watch etc) are largely acceptable for the implicit (and often wrong) signals of wealth they portray. However, explicit discussions about how much money you have seem to result in much more notable negative reactions. What I am proposing is that those negative reactions are partially in response to the rarity of explicit discussions. Basically if everyone talked about it more - would the reactions be as bad? Would that counteract the currently acceptable displays of wealth that only revolve around consumption instead of savings
Where do you live that people think you are a millionaire because you can afford a $46k car?
I really don't think that is a concern these days as most people drive fancy SUV's if they have money or not. It just sounds like you live in a bad neighborhood. Much fewer people carry cash these days as well.
You've got to understand that we have a lot of government assisted apartments scattered around in all of the good neighborhoods. The government feels that these people have a right to live in our neighborhoods, even though if you look at the crime reports, the majority of the crime comes from these subsidized apartments. These people can barely afford a car, and there is no real public transportation (unless you consider school buses public transportation). So yes, everyone else around them is RICH in comparison.
Depends at it where it is at, there is a town right over with some HUD apartments that a few people that live mentions that the management is quite good at unwanted visitors and calling the police if needed.Weird you can't drive through the hoods around here without seeing a caddy, a camaro, a challenger, a benz, an audi and a luxury suv or two. Most are also tricked out with rims, paint jobs and stereos. The dope game is alive and well though, you also can't miss the dudes on the corners.
Howdy neighbor. About 20 minutes or less south from you. If you take the toll road anyways. I live in Joshua. I'm in that area a lot. Costco, used to work in area, mall, etc..I didn't say they think that we are millionaires, they just think you have some kind of money and can prey on you. View attachment 4675
Our 4 bedroom 3 bath, 3 car garage, 2,700 sqft home (we substituted windows instead of garage doors on the third bay on the right of the driveway), and the Zestimate is $265K.
View attachment 4677
This sounds ridiculous. You make $333k a year and have a mortgage? Give me one year at 300k and I'm completely debt free. As it is I'm not more than 5 years away from having zero debt period. I don't make anywhere near 300k. You make great money but are living ridiculously beyond your means if 300k a year has you retiring at 63. Also there is no guarantee that you continue to make that much money. You might look up one day and that salary dries up and you won't have anything to show for having that enormous salary.My income fluctuates year to year being in sales, but I typically make above $1M combined every 3 years. Last year was a career year where I made nearly half that. We're still relatively new to our income being so high. I didn't break $100k until 2012 and $200k until 2016.
However, I'll be the first to admit we do spend extravagantly. We spend a lot of money on good liquor and wine, my wife drops a decent amount on clothes and has fancy purses, I drive a 2019 Audi A6 with all the bells and whistles, etc. Last year we remodeled our kitchen to the tune of $85,000, got a hot tub, a French Bulldog, 82" 4K QLED TV, new furniture, fancy Napoleon Pro grill, pool table, and other dumb shit.
Thankfully we've been smart over the years and don't carry any debt but our mortgage (we owe 60% of what it's worth) and my Audi lease payment. We have money in the bank to get by for 6 months if I lose my job, are on track for retirement at age 63, and I've been investing in my company's ESPP and have ~$250k in stock and growing. Plus my wife is going back to school to get her Bachelor's in Nursing and not working, but should make $80k+ after she graduates in 3 years.
Still, we need to reign in the spending. We don't buy any of the stuff we do to show off to anyone, only because it feels awesome to be where we are now vs. being dirt poor and on various government assistance programs just 13 years ago. We also love to share our success with family and friends. In a week we're having a personal chef come prepare an awesome meal in our new kitchen with 2 other couples.
This sounds ridiculous. You make $333k a year and have a mortgage? Give me one year at 300k and I'm completely debt free. As it is I'm not more than 5 years away from having zero debt period. I don't make anywhere near 300k. You make great money but are living ridiculously beyond your means if 300k a year has you retiring at 63. Also there is no guarantee that you continue to make that much money. You might look up one day and that salary dries up and you won't have anything to show for having that enormous salary.
Someone sounds jelly.This sounds ridiculous. You make $333k a year and have a mortgage? Give me one year at 300k and I'm completely debt free. As it is I'm not more than 5 years away from having zero debt period. I don't make anywhere near 300k. You make great money but are living ridiculously beyond your means if 300k a year has you retiring at 63. Also there is no guarantee that you continue to make that much money. You might look up one day and that salary dries up and you won't have anything to show for having that enormous salary.