Banker struggles on $350,000 a year

[syswizard]

Quote from TheAngryHermit:

Yup. There's an 39 year old cop that lives a few houses down (florida) who is retired. RETIRED! At 39!!!! WTF are they thinking in NY? This guy has 4 kids and a do-nothing wife 10 years younger than him and neither one will have to work the rest of their natural lives. Seriously? It's a slap in the face to every other hard working American.

You bet, and it supports our current socialistic economy and "government hand-out" mentality. And the people in this country think the problem is capitalism !! No, no, no...we've been away from capitalism for about 20 years.

Can we get back ? Absolutely not....the people given the "hand-outs" won't allow it...rioting will ensue. Right now, the people WITHOUT the "hand-outs" are rioting (Occupy Wallstreet). So if the hand-outs stop, this group will stop rioting and the OTHER GROUP will start rioting.

I see no resolution to America's problems any time soon. The damage has been done.

 

[Optional]

Quote from sle:

A family living on $350/K per year in Manhattan is not rich at all, it's solid middle class life style. Lets take myself as an example - I am making a base salary of $250k/a plus my wife is bringing home another 150k as a surgical fellow. Sounds like a lot, I am sure, but once you add the costs it's not much.

A reasonable apartment (1800 square feet with some outdoor space for my dogs) is two million dollars. That's like 8k in mortgage payments alone. Even if you are buying it for cash like i did (sheer stupidity, should have financed it), I still got to pay about 4k a month in common charges and taxes. Most of it is in post-tax money. If I had kids (in works), I'd have to pay another 30-40k per year in private school tuition, plus after school activities. A dog walker for my two puppies - probably about 1k a month, plus the vet bills plus - we are talking 15k per year. And then there is everything else, which is stupidly expensive - a gallon of milk is 5 dollars in the Fairway across the street.

Whatever comes as "comfortable salary" in the rest of the US, you'd have to double it for the NYC residents and quadruple it for the residents of Manhattan. This said, there are plenty of idiots on Wall Street that buy 300k sports cars and 20k watches and usually it's the same idiots that lose a lot of money in the subsequent years.

Sorry if your dogs cost that much and it's affecting your lifestyle maybe it's time to put that money away and get rid of the fucking pets.

 

[clightmarathon]

Quote from sle:

$10 is very cheap. I pay $25/hour to my dog walker.

What is the point of having a dog and letting/paying somebody else to walk it?!

 

[sle]

Quote from Optional:
Sorry if your dogs cost that much and it's affecting your lifestyle maybe it's time to put that money away and get rid of the fucking pets.

The whole idea of having pets is to have them change my life. By now I can't imagine myself without a dog. So I'd first give up other costly habits - charitable donations would go first, eating out would go second, wine would go third. Internet would go before the dogs too.

But I don't have to. Normally I spend almost all of my base salary and set aside all of my bonus, which on a good year is an order of magnitude higher then my base. So my dogs and an apartment on the Upper East Side do not really change my lifestyle, no.

Quote from clightmarathon:
What is the point of having a dog and letting/paying somebody else to walk it?!

When I wake up (5am-ish) I usually take them to the Central Park for an hour or so and I take them out for another hour when I am back from work around 8pm. But I think they need at least 4-5 hours of outdoor time so I have a dog walker take them to the dog run during the day.

 

[babutime]

The racial prejudice in a few members in this thread is appalling. Absolutely disgusting.

Middle class values (wtf is that anyways?) intertwined with a disdain of coloured kids who "keep it real" ?

Are there no African Americans (or other coloured Americans) in this thread because (some) European Americans here tend to think that you and your kids are somehow only public school material and don't really deserve to have their kids hanging out with yours.

I understand that there are excellent public high schools like Stuyvesant (very few but they do exist) in NYC. So why not enrol your 1% kids to these schools? Oh that's right, your kids are probably idiots who couldn't make it to these top schools which very likely has a mix of all sorts of races. So your solution is to stretch yourself and pay $40K a year on some glorified education system. Why? Because the potentially racist and socially inept offspring you're raising also happens to be stupid.

Besides, the walls of private school won't keep these pesky coloured folks away. Your kid will eventually want to buy some X or chronic from them. He's probably already friends with Tyrone. What will you do? Ground him and not give him access to World of Warcraft or COD multiplayer for an entire week? Way to raise your kids!!

Don't like having your kids called idiots? No shit Sherlock because nobody likes to be prejudiced against- especially based on race. The feeling of entitlement is not prevalent on those who protest on Wall Street or against income equality in America. It is actually prevalent in the handful of you racists who don't like the public sphere smeared with coloured folks who (along with the vast majority of your own race) are simply demanding an end to socializing losses and privatizing gains.

Simple.

Just because you can't reap the benefits of a public education system (which can only come about if you're willing to give up a tad few more % points on taxes), doesn't mean these coloured are to blame.

You are.

 

[toc]

The fool said 'I have no money, 'cause I spent it all'

$200K take home after taxes Wow! Only a fool won't be able to live well.

 

[syswizard]

Quote from toc:

The fool said 'I have no money, 'cause I spent it all'

$200K take home after taxes Wow! Only a fool won't be able to live well.

As some would say in this thread: you're ENVIOUS.
I would say: that's a crock.

 

[wiesman02]

$17,000 / year on pet expenses is ridiculous!

 

[failed_trad3r]

Quote from syswizard:

You bet, and it supports our current socialistic economy and "government hand-out" mentality. And the people in this country think the problem is capitalism !! No, no, no...we've been away from capitalism for about 20 years.

Can we get back ? Absolutely not....the people given the "hand-outs" won't allow it...rioting will ensue. Right now, the people WITHOUT the "hand-outs" are rioting (Occupy Wallstreet). So if the hand-outs stop, this group will stop rioting and the OTHER GROUP will start rioting.

I see no resolution to America's problems any time soon. The damage has been done.

actually this is real capitalism. corporations are giving handouts to their protectors, the police, so they do their bidding. Just as how they have bribed the government into doing what they want them to do.

 

[sle]

Quote from wiesman02:
$17,000 / year on pet expenses is ridiculous!

Why? If I would have told you "it costs me 20k a year to lease, insure and garage my Aston-Martin" you would say "this guys is cool", but for some reason spending the same on two dogs is "ridiculous" in your eyes. Even though both have the same practical value in Manhattan and (if I was single), two big fluffy dogs would do a better job getting me ladies then a shiny penis with two chairs in it.