Quote:
Originally Posted by mjkidd
Monthly take home pay for 1m is probably 50k or so [I just x4 here, don't nit this up]. A 3m house and leasing two really nice sports cars could easily push 14k/month. Add in private schools, saving for college/retirement, entertainment, the house in Aspen, the boat in Florida, multiple holidays to exotic places and miscellaneous bills and it's easy to see how a family pulling in 1m could be living paycheck to paycheck.
When you list a whole bunch of completely unecessary, luxary, expensive crap that people don't need, it's very easy to make rich people seem like they are living "paycheck to paycheck". It seems a complete abuse of language (or at least taking the literal meaning of the phrase to the point of absurdity while ignoring its actual
meaning) to suggest that someone on $250k is living paycheck to paycheck.
You know what people on $250k who are living "paycheck to paycheck" can do? Spend less on **** they don't need. Easy.
Many poor people who really do live paycheck to paycheck don't have that sort of luxury **** to shed, they are already living on basics, and shedding any more can often be stuff that is far more necessary to a healthy, balanced life.