View Full Version
:
Yaletown's $30K Millionaires
Harvey Specter
01-29-2013, 09:57 PM
Saw this article on my FB feed, interesting take on the YT crowd.
Spend five minutes in any upscale restaurant or lounge in the downtown core and you may notice these guys too. You know the type; dressed to the nines in designer labels and expensive watches, surrounded by their entourage of slick friends and hot young women. They sit at their reserved VIP table, flaunting bottle-service vodka that’s been marked up by 75 per cent, enjoying the best nightlife the city has to offer. One look at these guys and you think to yourself: “wow…he must have it made”.
Until you realize they’re complete frauds, that is.
The issue of the $30k Millionaires, as they’ve been accurately labeled, is not a phenomenon exclusive to Vancouver. Spend time in the core of any major city and you’ll run into guys spending like they’re rolling in cash just so people think they’re rolling in cash. I even noticed a few of my girlfriends dating some, pairing off with guys who were bringing in $30k a year if lucky, but charging lavish nights out on three or four credit cards. Unfortunately, that’s typical behavior for these guys. Sure, some may have a house with 5 per cent down payment, but more often than not it’s most likely rented.
Assuming, of course, that these “established male professionals” are living independently to begin with, because behind those pricey sports cars and weekend party binges, these grown men are often still living on mommy and daddy’s dime. Or, if they’re real winners, they’re still living with mommy and daddy.
So why do men in our society feel like they have to live well above their means to create an illusion of wealth? Well, it probably has a bit to do with some pesky old-time attitudes that we just can’t shake. A man’s worth in our culture is largely defined by his position in the work world, and whether many like to acknowledge it or not, money, style and status still mean a lot. Instead of putting in the years of hard work and discipline to develop a truly successful career, though, many young men are trying for the “easy” route. Why strive for self-attained wealth when you can simply trick people into believing that you already have it, right?
Wrong. What these guys are doing might seem the easy way out at first, but they’re creating nothing but a world of trouble for themselves in the future. They have no savings, multiple debts and spend so frivolously that it would take a single missed paycheck for their entire financial structure to crumble. If these men simply took five minutes to assess their long-term financial future they would realize just how dangerous their living-in-the-moment approach to spending is. Money wasted on the illusion of wealth can be utilized in smart investments and personal development so as to build actual long-term wealth. In the end, it’s a sensible, unflashy lifestyle that could actually contribute to making these guys into the successful individuals they’re pretending to be.
Take my grandparents for instance. My grandfather was a labourer for most of his life and slowly worked his way up. Both he and my grandmother saved and invested as the years went by, living in modest homes, setting aside what they could and, with that money, making sound investments. By the time they retired, they were millionaires. Due to years of fiscal responsibility and living within their means, my grandparents were able to travel the world and live a comfortable, secure life for the remainder of their lives.
In the end, the saddest thing about these young men isn’t so much that they’re pretending to be rich, but that they’re so completely oblivious to the how pathetic it makes them look once their cover is blown. And it will, because they can’t keep up the façade forever. There’s nothing cool about living off of debt and borrowed money because your condo and luxury car is literally costing you every penny you have. That’s just plain stupid. It’s understandable for people to want money, recognition and status. They’ve been deemed the pinnacle of success in our culture for ages and we grow up hardwired to believe in their value. But there’s a massive difference between wanting a certain lifestyle and ruining yourself simply to pretend you have it. The $30k Millionaires are living proof that image is not everything; their attempts at being what they’re not ultimately come off as transparent, juvenile and self-destructive.
For those of us in tight financial situations (and believe me, there are a lot of us), we need to remember the importance of defining one’s own idea of success, not following a prescribed one. It’s fine to splurge now and then on something expensive you really want as a gift to yourself, but to have it affect every other area of your life is madness! Why spend crazy amounts on designer fashion and luxury cars if it means you can’t afford groceries? Why scrape by living in a flashy downtown apartment when you can live much more comfortably in one further away? If the people in your life who truly matter judge you for any of that, then I suggest you start finding some better friends. The world is rapidly changing, and if we as a generation don’t change our attitudes towards success and personal worth, we could all end up like the $30k Millionaires; surrounded by junk, buried in debt, and living a lie.
http://www.hushmagazine.ca/$30k+millionaires/blog/795/14/
hal0g0dv2
01-29-2013, 10:08 PM
good read
Never understood people and there need to show off and be "high rollers"
In the end it will bite you in the ass
Posted via RS Mobile
EmperorIS
01-29-2013, 10:14 PM
Bank Tellers.... they think they are actually bankers and made it in the business world because they can wear a suit to work.
DEADBEA7
01-29-2013, 10:25 PM
BMW 3-series sales have never been better :fullofwin:
Tim Budong
01-29-2013, 10:28 PM
Only one line to say to those people, their "lifestyle" isnt a problem in my mind
Enjoy Life RESPONSIBLY is probably a message they need to understand
Jassanova
01-29-2013, 10:33 PM
I think this kind of attitude has always been around but it has become much more prevalent because of the internet/social media. At the end of the day, the guy who only spends within his means comes out on top in the long run.
I have a friend who racked up 20K in debt which resulted in him declaring bankruptcy. He doesn't regret it, and all he has to show for it is a bunch of outdated audio/video equipment, and a lot of 'crazy stories'.
radioman
01-29-2013, 10:36 PM
Is there a fine line between spending everything you have and enjoying life and being a fake millionaire?
Couldn't you just declare bankruptcy before or something? Those laws have changed now though right?
*edit*
I know your credit would be shot for years and you wouldn't be able to finance or do anything... But having a crippling amount of interest being paid on your debt is going to be nearly impossible to pay off with a 30k salary. 4 maxed out credit cards, car payments, rent, etc. Your royally fucked lol.
Jason00S2000
01-29-2013, 10:45 PM
Why scrape by living in a flashy downtown apartment when you can live much more comfortably in one further away?
If you have to ask, you don't understand style, which is based on culmative experiences
VrrM604
01-29-2013, 10:48 PM
i read it first as if there are 30K millionaires in Yaletown..lol
BaoTurbo
01-29-2013, 10:53 PM
What goes around, comes around. Always.
Jason00S2000
01-29-2013, 10:55 PM
i read it first as if there are 30K millionaires in Yaletown..lol
When I made 30k, 14 years ago, I lived at 8th and Main. I blew all my money and lived cheque to cheque, but in 2-3 years I fucked 100+ cute chicks, partied all the time, went to the drags every weekend at Hammersmith, Iona, the place in Langley at 264th, and the one near 0 Ave. I had such an epic time, so many fun memories!
Yes, you can say "what do you have to show for it?" and all I could say was "experiences."
It is up to me to determine if those experiences were worth having no financial gain from the work I did at that time.
StylinRed
01-29-2013, 11:15 PM
sounds like someone jelly/scorned wrote it to feel better about themselves honestly
Jason00S2000
01-29-2013, 11:23 PM
sounds like someone jelly wrote it to feel better about themselves honestly
Having 0 in the bank or having 100,000,000:
1. Booze tastes the same
2. Pussy feels the same
Something people don't think about, but, if you get hot chicks when you're paycheque to paycheque, it is much cooler and more of an accomplishment than if you have 100,000,000 in the bank. Even the most dorky dude with severe acne and B.O. could still have hot chicks around if he had 100,000,000 in the bank and the girls knew about it. The difference is, nobody would really respect the guy, and everyone would find ways to benefit from his money. Sycophants, basically.
J____
01-29-2013, 11:28 PM
it's not for everyone. If they like living paycheque to pay cheque for the fake image, then good for them. You only live ones and it's your choice how you want to live.
Good read, but really has no meaning as most people know this already.
When I made 30k, 14 years ago, I lived at 8th and Main. I blew all my money and lived cheque to cheque, but in 2-3 years I fucked 100+ cute chicks, partied all the time, went to the drags every weekend at Hammersmith, Iona, the place in Langley at 264th, and the one near 0 Ave. I had such an epic time, so many fun memories!
Yes, you can say "what do you have to show for it?" and all I could say was "experiences."
It is up to me to determine if those experiences were worth having no financial gain from the work I did at that time.
So long as you're responsible with your money and not racking up crazy amount of debt. You're fine. Plus, if you have income earning potential and not stuck at 30k for the rest of your life, then go ahead.
Jason00S2000
01-29-2013, 11:47 PM
and not stuck at 30k for the rest of your life
How would anyone know what income they're stuck at during any given moment of one's life?
I think we're all free to soar or fall hard, depending on how bad you want it.(or how little you care...)
bcedhk
01-29-2013, 11:49 PM
another Jason00S2000 vs. All thread.
Energy
01-29-2013, 11:58 PM
Yes Jason, we get it you like living life in the moment with no cares and all that. It sounds really nice. Congratulations. You are living the dream.
Now can you please talk about something else?
Jason00S2000
01-29-2013, 11:59 PM
another Jason00S2000 vs. All thread.
No way, there are a ton of dude on Revscene trying to have these experiences, and I don't blame them, they're fun as fuck!
Simultaneously it is the same reason why we're not discussing Edward Kwok and how hard he is studying for his 3rd year mechanical engineering exams, and how he is monogamous to his chubby gf, and how good of gas mileage his Prius gets. It's simply not exciting.
sekin67835
01-30-2013, 12:00 AM
Tbh. One can only has Jason's lifestyle if you live for yourself only. It's great and all, but no man would be doing what he is if they are looking to settle.
Posted via RS Mobile
Jason00S2000
01-30-2013, 12:01 AM
Yes Jason, we get it you like living life in the moment with no cares and all that. It sounds really nice. Congratulations. You are living the dream.
Now can you please talk about something else?
Sorry bruh, once I get the first sales numbers in, I will try my best to get a sweet car this summer, and then I'll want to track day with RS peeps. I'd love to bring my camera gear out to the track and get some cool footage. Driver's Edge at Mission was SO much fun with my 135i, I'll never forget it!
Jason00S2000
01-30-2013, 12:02 AM
Tbh. One can only has Jason's lifestyle if you live for yourself only. It's great and all, but no man would be doing what he is if they are looking to settle.
Posted via RS Mobile
Men don't have an expiry date for reproduction, where as it gets unhealthy for women to reproduce beyond 40.(+/-)
kunoman1
01-30-2013, 12:19 AM
Men don't have an expiry date for reproduction, where as it gets unhealthy for women to reproduce beyond 40.(+/-)
Well we sort of do, as men get older the chances of infertility increase
Men don't have an expiry date for reproduction, where as it gets unhealthy for women to reproduce beyond 40.(+/-)
I've always said that I wanted to have kids by the time I'm 30, because I want to be able to connect with my kids when they're 20 and I'm 50. It's a hell of a lot harder to do that when you're 60+ and your kids are just hitting their teens.
EVERYONE wants to be that guy/girl with the hot as hell 10/10 wife/husband, but honestly speaking, everyone's opinion/needs/wants are different. If you're happy with who you're with, then it doesn't matter if you've nailed 5 girls, or 200 girls. Different strokes for different folks.
AVS_Racing
01-30-2013, 12:33 AM
http://img262.imageshack.us/img262/6735/7651lo.jpg
Jason00S2000
01-30-2013, 12:34 AM
I want to be able to connect with my kids when they're 20 and I'm 50.
Hang out with some 20 year olds and see how little in common we have!
A 30 year gap is like hoping to jump the Grand Canyon on a skateboard!
1exotic
01-30-2013, 12:37 AM
Scimmed the article, made me think of the Surrey guys or white guys with tribal tattoos who have leased 300c or 3 series.
Ronith
01-30-2013, 12:38 AM
When I made 30k, 14 years ago, I lived at 8th and Main. I blew all my money and lived cheque to cheque, but in 2-3 years I fucked 100+ cute chicks, partied all the time, went to the drags every weekend at Hammersmith, Iona, the place in Langley at 264th, and the one near 0 Ave. I had such an epic time, so many fun memories!
Yes, you can say "what do you have to show for it?" and all I could say was "experiences."
It is up to me to determine if those experiences were worth having no financial gain from the work I did at that time.
You should be saving your money and living under your means, not blowing it at every opportunity. What do you have to show for it? That you are fiscally irresponsible.
What a joke.
How is your finance situation now? Do you still blow money like that?
Jason00S2000
01-30-2013, 12:51 AM
Do you still blow money like that?
All the time, but I live a very fun life, I'm constantly growing. I have so much fun putting together YouTube videos on my channel "sicklovestudios." Not to mention getting my first book out, the girls I date, the artists I work with, I'm really happy and loving life. Financially I'm at a 0 net worth, but can you put a price tag on your happiness?
Hang out with some 20 year olds and see how little in common we have!
A 30 year gap is like hoping to jump the Grand Canyon on a skateboard!
Exactly my point.
It's already hard enough to connect with them when you're 50+. Imagine trying to do that with your kids when you're even older than that.
radioman
01-30-2013, 12:58 AM
All the time, but I live a very fun life, I'm constantly growing. I have so much fun putting together YouTube videos on my channel "sicklovestudios." Not to mention getting my first book out, the girls I date, the artists I work with, I'm really happy and loving life. Financially I'm at a 0 net worth, but can you put a price tag on your happiness?
Living the life....
http://www.youtube.com/watch?v=EQfDeVp1F58
dee242
01-30-2013, 01:04 AM
i just need 7000 dollars or a job anyone know whos hiring
Jason00S2000
01-30-2013, 01:04 AM
Exactly my point.
It's already hard enough to connect with them when you're 50+. Imagine trying to do that with your kids when you're even older than that.
I don't really worry about it. Read up on helicopter parents and many of the other modern parenting phenomenons described online. My parenting approach will simply be to identify what they're passionate about, what they're good at, and encourage both. Even if I had a daughter who was a brain dead hot blonde who wanted to strip, I would make sure she was the best at whatever she did. Or if I had a son who was huge into garbage disposal and was a brony, I would make sure he was able to start his own business and have the best Pinky Pie costume in Canada, booyah!
Fuck you guys worry about so much shit you have no control over.
i remember living in downtown being a 14 dollar baller... it was the life... lived nearly paycheck to paycheck, partied almost every night, it was great!
but that was fun. now im living sensible.
Stormspirit
01-30-2013, 01:30 AM
i just need 7000 dollars or a job anyone know whos hiring
Got hired recently, interview was last monday, supposed to know when to go work this monday, the person on phone said as early as next tuesday... still a myth to me right now, but i highly suggest start looking early lol.
RevYouUp
01-30-2013, 01:33 AM
Who cares if you have a million dollars in the bank when you're a old fart that can barely walk. You're must likely going to get robbed by your child/children anyways. It won't be as enjoyable than spending it in your younger years.
GabAlmighty
01-30-2013, 01:54 AM
I spend all my money on diesel fuel
diesel_test
01-30-2013, 03:32 AM
Who cares if you have a million dollars in the bank when you're a old fart that can barely walk. You're must likely going to get robbed by your child/children anyways. It won't be as enjoyable than spending it in your younger years.
invest first then spend. If you have your first million, making the next 10 is really easy!!!
if you have 1 million by 30, you should be set.
Your second million should only take you a few more years or you could be just stupid spend it all and have to go back to WORK again
The first million is the hardest - Money Smarts (http://blogs.inquirer.net/moneysmarts/2007/11/13/the-first-million-is-the-hardest/)
Razor Ramon HG
01-30-2013, 04:21 AM
Who cares if you have a million dollars in the bank when you're a old fart that can barely walk. You're must likely going to get robbed by your child/children anyways. It won't be as enjoyable than spending it in your younger years.
Here in Korea, I see a bunch of older folks and seniors that live in the subway. The reason being that they gave their kids all their hard earned money, and the kids kicked them out of the house.
Some sad shit.
How would anyone know what income they're stuck at during any given moment of one's life?
I think we're all free to soar or fall hard, depending on how bad you want it.(or how little you care...)
I'd define "stuck" by that of someone lacking ambition. eg: you're 35 partying like a baller and making 30k. Then you're stuck at at that income clearly not wanting to improve your worth.
Of course everyone starts off differently and I agree that we're all free to pursue our own happiness. But financial responsibility (especially if you want a family or pursue other aspirations) is definitely important.
Being liquid is important. I'd rather have money in my shitty wallet than have an expensive wallet and use cc's.
The first million is the hardest - Money Smarts (http://blogs.inquirer.net/moneysmarts/2007/11/13/the-first-million-is-the-hardest/)
Are those figures in Filipino Pesos rather than American Dollars?? :badpokerface:
dangonay
01-30-2013, 06:33 AM
I forget who said it, but I see so many people like this:
"People will spend money they don't have, to buy things they don't need, to impress people they don't like."
hotjoint
01-30-2013, 07:08 AM
Who says you can't be financially responsible and have fun at the same time.
Z3guy
01-30-2013, 07:10 AM
being an older member of RS, I can respect both sides of the spending now Vs saving for the future. When I was in my 20s I use to party pretty hard (wasted allot of money drinking and going out with chicks) but never spent more than I made (living at home helps out allot on this front). Hindsight being 20/20, I wish I was a little crazier with my spending when I was in my 20s and early 30's. I would finance a cooler car (always bought 3-5 yr older cars) and live in a more pimp condo downtown.
For all you young guys up and coming, your 20s and 30s are fucking precious, enjoy them, cause it is never the same when you get married and have kids. Not saying be a $30K a year millionaire, but if you have any drive in life, if you spend, you will find a way to make more money....my 2 cents......
Gridlock
01-30-2013, 07:27 AM
..."coming to theatres soon, the exciting sequel to "Gettin' Money like a muthaf", its "Fakin' it like a douche", from the producers of Ted, and the director of Jason's wanna be porn."
Gridlock
01-30-2013, 07:31 AM
I forget who said it, but I see so many people like this:
"People will spend money they don't have, to buy things they don't need, to impress people they don't like."
Brad Pitt in Fight Club.
"working jobs we hate to buy shit we don't need"
if i make $30k, i'll live like i make $30k, if i make a million, i'd probably live like i make a little more than $30k lol.
either way i'll still try to enjoy life, but i won't try to pretend to be something i'm not. but that's just me.
Z3guy
01-30-2013, 08:07 AM
if i make $30k, i'll live like i make $30k, if i make a million, i'd probably live like i make a little more than $30k lol.
either way i'll still try to enjoy life, but i won't try to pretend to be something i'm not. but that's just me.
if you make a million a year, you'll spend like you make a million a year.........if you have a wife and kids, it won't be your decision......
if you make a million a year, you'll spend like you make a million a year.........if you have a wife and kids, it won't be your decision......
ya i understand that, i just meant that i won't be living like a rap video 24/7
i do have a wife and kids so i already know about money being spent :okay:
i agree with you about being in your 20's and spending a little more as well.
diesel_test
01-30-2013, 08:15 AM
if you make a million a year, you'll spend like you make a million a year......
spend the money you make off $1 million. :D
don't touch the principal you're still balln than someone goin to work 9-5 making 100k working lots of hours
Marioo1991
01-30-2013, 08:17 AM
I say live your life with no regrets. If they are happy spending and living a lifestyle like that and understand the consequences of their actions, good for them. Whats the point of living a frugal and simple lifestyle if you're never happy? I dunno about everyone else, but I would rather die poor and happy than rich and miserable.
Z3guy
01-30-2013, 08:19 AM
^ haha! no need to show off and make it rain!
Forget about expensive handbags for wifey or gf, kid's sports, activities, vacations, and tutors drain allot of our disposable income....I am just happy to be drinking beer at Disneyland.
diesel_test
01-30-2013, 08:19 AM
I say live your life with no regrets. If they are happy spending and living a lifestyle like that and understand the consequences of their actions, good for them. Whats the point of living a frugal and simple lifestyle if you're never happy? I dunno about everyone else, but I would rather die poor and happy than rich and miserable.
why are you saying poor people live happy and as if rich people live miserable lives?
originalhypa
01-30-2013, 08:51 AM
I dunno about everyone else, but I would rather die poor and happy than rich and miserable.
I have an uncle who subscribed to that ideology.
He's full of great stories about banging chicks, getting high, getting drunk, fighting, hunting, racing cars, and enough other stories to keep you entertained for the night.
He's also 74 years old, slowly dying from cancer, and is forced to drive a dumptruck for 4+ hours a week in order to pay for his rental home and living expenses. He's gone from happy go lucky, to miserable and bitter, thinking back to all the opportunities he's pissed away. I was sad the day we had that conversation.
:(
think about it.....
Marioo1991
01-30-2013, 09:03 AM
why are you saying poor people live happy and as if rich people live miserable lives?
i'm not saying that, I'm saying if i had to choose between the two I would choose the first. Obviously there are rich happy people and poor miserable people.
Sure i could spent decades trying to save as much money as I can, and maybe I would accumulate some wealth, but that wouldn't make me happy. I would rather go travelling, go out with friends, etc
tr0ubl3s0m3x
01-30-2013, 09:06 AM
Materialism is a motherfucker. Haha if its your own money that you grind for and you want to show it off, then you have the right to. But if you're in debt and borrowing money to do that, then its dumb. If you floss your parents' stuff (ie whips, jewelry, house) then you should be slapped in the face haha
Posted via RS Mobile
Spoon
01-30-2013, 09:16 AM
^You've just offended half of RS :troll:
Tapioca
01-30-2013, 09:17 AM
Who says you can't do both in your 20s?
Plenty of people make good money - not mid-6 figures money - but very good money in their 20s. 70-80K. It's not hard - you just need a bit of ambition, and you need to take advantage of opportunities when you see them.
Besides, Yaletown is for people who come from the 'burbs.
Posted via RS Mobile
Ronith
01-30-2013, 09:17 AM
I say live your life with no regrets. If they are happy spending and living a lifestyle like that and understand the consequences of their actions, good for them. Whats the point of living a frugal and simple lifestyle if you're never happy? I dunno about everyone else, but I would rather die poor and happy than rich and miserable.
Well, I saved my money for a while and lived REALLY frugally. A few years later after doing this, I walked into a dealer and bought my brand new car I ordered in cash and it was a really great feeling while having money in the bank. I currently have next to NO debt and continue living under my means. It worked well for me.
I am a car guy, having a fancy condo in downtown isn't for me. I want a place with a garage. Neither is designer clothing, or buying expensive champagne at clubs. Hell, I don't even really drink often. I do have a ton in tools. Snap-On, SK, METCO, Armstrong and so on. Probably $20k just in tools. I also did side jobs on the weekend to make extra cash. And I actually enjoy working on cars. So do my friends.
I have had plenty of memorable experiances without "breaking the bank."
Here are a couple of the car events I did...
One Lap of America (http://www.onelapofamerica.com/history/AboutOneLap.do)
TEXAS MILE // OFFICIAL SITE // 3 DAYS, 1 MILE: NO SPEED LIMIT (http://www.texasmile.net/)
Silver State Classic Challenge Inc. (http://www.sscc.us/event_description.aspx) (I did the unlimited class. Average speed for me 184MPH)
Mazda Raceway Laguna Seca (http://www.mazdaraceway.com/)
Road Atlanta - Recognized as one the world’s best road courses (http://www.roadatlanta.com/)
I made a ton of friends during those events, had a ton of fun. And got to see America. But hey, if you spend money on designer clothing and spend your entire paycheque every month...whatever. I am not paying for it, so I don't care. But IMO, it is a little reckless and will bite you in the future.
drunkrussian
01-30-2013, 09:52 AM
i've already seen enough rich execs in my short career to know what sucess most often looks like. These guys don't phase me. Rather when i see a guy with white hair, sitting with his wife, ordering whatever food he wants and drinking wine i probably have never heard of, humbly and to himself...that to me is rich. And happy. Which is far more admirable.
payrent
01-30-2013, 09:59 AM
Nowadays we have become a spending culture
cell phone plans are now at least $50 with a data plan
facebook helps amplify the "keeping up with the jones" thinking
low interest rates making people take out loans or buy cars
spending addiction became an actual medical problem
people would rather spend on a new car part instead of contributing to their TFSA
won't leave "the best city in Canada" to earn better pay elsewhere
blames the "chinese" and Vancouver's real estate for their money problems
etc
scary times are coming when the interest rates goes up.
Z3guy
01-30-2013, 10:04 AM
^ take away the historically low interest rates and the ease to get credit and most of the nice cars and condos would go away
I think the whole FML mantra is going way to far.....most young people who spend beyond their means are going to fucked later in life!
AAnthony
01-30-2013, 10:10 AM
-----
bloodmack
01-30-2013, 10:20 AM
why are you saying poor people live happy and as if rich people live miserable lives?
because for some reason people have it in their minds that money doesn't buy happiness when it clearly does.
Yuffa
01-30-2013, 10:27 AM
I personally know a guy who's credit is so f-ed up he pays the sketchy car dealership manager 15k just to put the M3 in the manager's name so he can lease it.
Given what he does for a living is not exactly legit....
Ronin
01-30-2013, 10:28 AM
Read halfway and already knew this was written by a woman.
Why do men spend beyond their means to appear like they're rich?
Because women.
RiceIntegraRS
01-30-2013, 10:46 AM
Read halfway and already knew this was written by a woman.
Why do men spend beyond their means to appear like they're rich?
Because women.
Probably the same woman that wrote the article about guys in vancouver that are not dateable and dont dress well
Posted via RS Mobile
Ronith
01-30-2013, 10:58 AM
Read halfway and already knew this was written by a woman.
Why do men spend beyond their means to appear like they're rich?
Because women.
And when the well runs empty. She is out of the picture, and on to the next $30K millionaire.
Ronin
01-30-2013, 11:04 AM
I'm not saying I agree with anyone. I'm just saying it's fucking stupid for the woman that wrote this article to wonder why men do this. If she's going to stereotype men, then why not talk about the gold diggers that would only go for guys like this, spend all their money and get all pissed when he runs out.
twitchyzero
01-30-2013, 11:33 AM
everyone take notes
diesel_test has some financial advice for us.
miss_crayon
01-30-2013, 11:49 AM
Fact: Majority of the younger generation nowadays have no urgency to save or to keep a clean credit score because frankly they don't give a damn. Their motto in life right now is "I need to live and spend lavishly because I deserve it" without putting in the work.
Anyone can charge their wants to a credit card without anyone knowing how much in debt they are. But it won't matter because they portray the "money aint a thang," mantra and they love the attention.
Jason00S2000
01-30-2013, 11:50 AM
I have an uncle who subscribed to that ideology.
He's also 74 years old, slowly dying from cancer, and is forced to drive a dumptruck for 4+ hours a week in order to pay for his rental home and living expenses.
In an asian family, the uncle would be cared for by the younger members of the family.
Didn't you say you have a 6,000 square foot house? No spare wing/basement suite for your own uncle???
Then again, he made his bed!
Didn't you say you have a 6,000 square foot house? No spare wing/basement suite for your own uncle???
if he didn't share the
banging chicks, getting high, getting drunk, fighting, hunting, racing cars,
with him...no... :troll:
Spoon
01-30-2013, 12:22 PM
Anyone can charge their wants to a credit card without anyone knowing how much in debt they are. But it won't matter because they portray the "money aint a thang," mantra and they love the attention.
Thank social media. Kids feel the need to show the world every bloody thing they do online now. In reality, how many people actually give a fuck.
Z3guy
01-30-2013, 12:23 PM
Hahaha, what a fail
Explain to me why this "fuck my life" mantra is causing me to blow all my money :lol ... You probably mean YOLO there gramps
Also the title's a fail too, the aritlce only mentioned Yaletown once. The butt-hurt authors simply talking about people who pay for lavish lifestyles on credit.
Posted via RS Mobile
you are funny, keep blowing your money and live for now......hahaha!
Jason00S2000
01-30-2013, 12:31 PM
In reality, how many people actually give a fuck.
http://www.revscene.net/forums/678581-2013-latest-pic-yo-whip.html
Excelsis
01-30-2013, 12:40 PM
you are funny, keep blowing your money and live for now......hahaha!
there is no right/wrong perspective, as much you want to convince someone your way the reality of it is that the other person will find it hell to live like that
and really, what would you get if you convinced jason to get a "real job" lol
hotjoint
01-30-2013, 12:40 PM
Thank social media. Kids feel the need to show the world every bloody thing they do online now. In reality, how many people actually give a fuck.
Yup I'm pretty sure we all have those friends on social media sites that update their status every damn time they're doing something. I wish we could fail or unlike posts then maybe they would get the message.
Yodamaster
01-30-2013, 01:04 PM
All I know is what I've been told, and the word is, avoid a life of debt and materialism at all costs.
Since that advice came almost indentically from every elderly man and woman I've met, I'm going to side with experience.
Yup I'm pretty sure we all have those friends on social media sites that update their status every damn time they're doing something. I wish we could fail or unlike posts then maybe they would get the message.
you can just unfollow/unfriend them or hide all their posts.
Jason00S2000
01-30-2013, 01:09 PM
All I know is what I've been told, and the word is, avoid a life of debt and materialism at all costs.
Since that advice came almost indentically from every elderly man and woman I've met, I'm going to side with experience.
Alternatively, they grew up in such a different time and their world views are completely different. Also, you probably had more sex partners in High School than they had in their entire lives. The way we date totally influences our spending habits.
Spending money/saving can lead to different experiences
Materialism/Non-materialism can lead to different social experiences
We're in Vancouver, the 2nd least affordable city in the world, this could be another reason why you see people choosing the extremes of saving every penny, or blowing cash left and right!
Isaiah11
01-30-2013, 01:16 PM
out of all my friends, I only have a few friends that blow their bankroll whenever they get a pay day
so I wouldn't say the majority of youth do this, just the insecure ones
Jason00S2000
01-30-2013, 01:28 PM
out of all my friends, I only have a few friends that blow their bankroll whenever they get a pay day
so I wouldn't say the majority of youth do this, just the insecure ones
Wouldn't they actually be the ones who are more secure?
To go through life blowing your cash, you're trading future security for experiences.
AAnthony
01-30-2013, 01:58 PM
-----
JaPoola
01-30-2013, 01:59 PM
Wouldn't they actually be the ones who are more secure?
To go through life blowing your cash, you're trading future security for experiences.
That's one way of looking at it to compliment your own views.
Others might regard that kind of behaviour as ignorant and irresponsible. Good thing in Canada though we still have bankruptcy and wellfare, so they can fall back on something after they've blown through all the credit. Of course, wellfare backed by tax payer money.
I guess it's something good while it lasts, but they won't be able to apply for new credit cards forever, and monthly minimum payments will start to add up. Not to mention cheap credit will dry up in the next couple of years.
Tapioca
01-30-2013, 02:12 PM
In the view of some on this thread, sex with as many women as possible is to be considered life's paramount "experience" and everything in life should be directed to the pursuit of that experience.
Posted via RS Mobile
TheKingdom2000
01-30-2013, 02:53 PM
Living pay cheque to pay cheque just seems so fcuked to me.
Though, if I were living at home and was 20, I could see how that would be an acceptable way of life for some. But, past 30... No chance
Iceman-19
01-30-2013, 03:39 PM
I feel like I am in the middle. I have a good paying job, but after the last few years, saving isnt high on my priority list, even at 29 years old. Travelling is, and thats what I plan on doing. Experiencing the world. Everyo e has a different personality. I would like the wife and kids some day, but I feel like I am in the prime of my life. Im not going to waste it sitting at home twiddling my thumbs to save a few pennies
Tapioca
01-30-2013, 03:47 PM
I think there is no shame in spending money, even spending your enitre paycheque, to travel. The experience and perspective gained from travel is truly priceless.
What I think most can agree with is spending money on bottle service at the Opus Bar, and leasing an M3 in the pursuit of scoring with women and increasing social status in Vancouver (which is rather meaningless in the grand scheme of things) is foolish and short-sighted.
Posted via RS Mobile
That type of lifestyle is just so risky. Realistically if you miss three paychecks you could go from renting in gastown to lingering in East Van
Posted via RS Mobile
:okay:
east van not good enough for your standards :(
Great68
01-30-2013, 04:07 PM
I think there is no shame in spending money, even spending your enitre paycheque, to travel. The experience and perspective gained from travel is truly priceless.
What I think most can agree with is spending money on bottle service at the Opus Bar, and leasing an M3 in the pursuit of scoring with women and increasing social status in Vancouver (which is rather meaningless in the grand scheme of things) is foolish and short-sighted.
Posted via RS Mobile
I agree. It's all a balance.
Sure I could not go to Whistler next week and save the cash I'm spending on hotel, food & lift tickets.
On the other hand, what's a few bucks in the bank account to stay at home and be bored & miserable.
Everyone needs a hobby to stimulate their mind & soul. But that hobby shouldn't put you in debt.
dvst8
01-30-2013, 04:31 PM
Live within your means and you'll be good to go. Put some money on the side for life emergencies.
Jason00S2000
01-30-2013, 05:00 PM
What I think most can agree with is spending money on bottle service at the Opus Bar, and leasing an M3 in the pursuit of scoring with women and increasing social status in Vancouver (which is rather meaningless in the grand scheme of things) is foolish and short-sighted.
Posted via RS Mobile
One can argue that if you're an entrepreneur, the people you may network with while having bottle service at Opus could lead to prosperous business arrangements.
Leasing an M3/Cool ride when you're young is a hell of a lot of fun. The Supra and S2000 would almost be a waste on me at 34, but years ago they were such a source of fun and pride for me. Going to the drags with my Mustangs were timeless memories!
Social status is important. If you're well known you don't have to do anything to meet women, they come to you! Not to mention all of the perks if you're famous, being paid to go to events, being sent invitations to restaurant openings, the Opus street parties, and so on. Of course, you can also get social status through academics/activism/politics, not just through being socially fluid.
bcrdukes
01-30-2013, 05:24 PM
The article touches base on the extremities of this particular "class" of people but on a realistic level, if you want to make money, you also have to spend money.
Sushi604
01-30-2013, 05:38 PM
Funny how this article solely targets the male side of the 30k millionaires when on the flipside of the coin, female's themselves are just as bad if not worse.
Still an entertaining read into West side living I suppose.
The article touches base on the extremities of this particular "class" of people but on a realistic level, if you want to make money, you also have to spend money.
Unless a person just works a day job and doesn't invest.
Paycheque = rent, food, car, savings
Repeat until whenever.
booge_man
01-30-2013, 05:41 PM
I blame all this on the Keeping Up with The Kardashians .. Trophy Wives.. and all the other phoney Real Housewives..Millionaire Matchmaker.. shows out there... they teach many things in school but not the most important... Earning and spending money is an important part of life.. They should teach the proper real way to do it and watching these stupid shows are not the way it works.
Posted via RS Mobile
Tapioca
01-30-2013, 07:37 PM
One can argue that if you're an entrepreneur, the people you may network with while having bottle service at Opus could lead to prosperous business arrangements.
I've been to the Opus on a Friday night and it's not full of entrepreneurs: it's full of 30K millionaires and women who are looking to score a sugar daddy.
There are circles where entrepreneurs run in this town and they ain't at the Opus on a Friday night. But, I can't deny that the eye candy is fun.
Leasing an M3/Cool ride when you're young is a hell of a lot of fun. The Supra and S2000 would almost be a waste on me at 34, but years ago they were such a source of fun and pride for me. Going to the drags with my Mustangs were timeless memories!
Memories are great - I can't deny that. You may have been able to avoid bankruptcy when the good times ended because you're a hustler. While you may have blown money like a mofo and lived the good life and lived to tell about it, how many others would be able to do the same? Not too many, I'm afraid. The law of averages exists for a reason.
On the hand, on the internet, everyone is an outlier and has defeated the odds.
Social status is important. If you're well known you don't have to do anything to meet women, they come to you! Not to mention all of the perks if you're famous, being paid to go to events, being sent invitations to restaurant openings, the Opus street parties, and so on. Of course, you can also get social status through academics/activism/politics, not just through being socially fluid.
There's ways to obtain social status without spending money you don't have. Working hard and earning money the real way. Developing a personality and knowing how to talk to people. Being charismatic. Or, perhaps a combination of all of these attributes. That's what most of us are advocating - earning social status the right way.
Sid Vicious
01-30-2013, 07:42 PM
this is why vancouver is fucked up, people pay for stupid expensive shit that is way overpriced.
especially with clubs: expensive ass drinks and $20 cover...wtf is that, $300 month cross fit memberships
H.Specter
01-30-2013, 07:55 PM
http://forgifs.com/gallery/d/165248-1/Keffiyeh_throwing_cash.gif
Must check out this Opus place and ball out
hal0g0dv2
01-30-2013, 08:19 PM
this is why vancouver is fucked up, people pay for stupid expensive shit that is way overpriced.
especially with clubs: expensive ass drinks and $20 cover...wtf is that, $300 month cross fit memberships
Yeah
Cross fit is a dumb fucking cult
That's all
Posted via RS Mobile
Ulic Qel-Droma
01-31-2013, 01:29 AM
No way, there are a ton of dude on Revscene trying to have these experiences, and I don't blame them, they're fun as fuck!
Simultaneously it is the same reason why we're not discussing Edward Kwok and how hard he is studying for his 3rd year mechanical engineering exams, and how he is monogamous to his chubby gf, and how good of gas mileage his Prius gets. It's simply not exciting.
dude get it right, it's all about accounting now.
you get to wear a suit, and crunch numbers for big firms that work you like slaves.
In an asian family, the uncle would be cared for by the younger members of the family.
Didn't you say you have a 6,000 square foot house? No spare wing/basement suite for your own uncle???
Then again, he made his bed!
haha... the most true comment in this thread.
Harvey Specter
01-31-2013, 02:38 AM
I say live your life with no regrets. If they are happy spending and living a lifestyle like that and understand the consequences of their actions, good for them. Whats the point of living a frugal and simple lifestyle if you're never happy? I dunno about everyone else, but I would rather die poor and happy than rich and miserable.
QFT.
Shorn
01-31-2013, 04:22 AM
i think it's interesting but a pretty pointless argument
like, why do you care if there are $30k ballers around? do they somehow influence your life at all or did you just want to point your finger and say 'hey you're dumb, look at me! i'm saving money and i'll end up richer than you when i'm 60!'
personally, i think it's great to live life as you want, up to a certain age before you start planning for your future. what that age is varies from person to person, but for most people it's probably around 25-30. then it's time to start saving up and thinking of all the grown up shit like mortgages and stuff.
then again it's your life, so live it how you want. as long as you're happy.
The $30k must be arbitrary.
That's only ~$15/hour.
Most of my friends that have no post-secondary education are working $20-$27/hour warehouse jobs which amounts to ~$40k-$54k.
Even with some random 1-year trade program at BCIT already brings you up to that salary.
It's very possible to spend like a moron until you're 28, and still have a down payment saved up by the time you're 30.
My guess is that those people get so hooked to that lifestyle, that they end up believing that they're rich. "I make $30k, and I have $30k worth of credit, so that means I make $60k!"
But hell, if they're happy spending every last dollar they make, then more power to them.
i think it's interesting but a pretty pointless argument
like, why do you care if there are $30k ballers around? do they somehow influence your life at all or did you just want to point your finger and say 'hey you're dumb, look at me! i'm saving money and i'll end up richer than you when i'm 60!'
personally, i think it's great to live life as you want, up to a certain age before you start planning for your future. what that age is varies from person to person, but for most people it's probably around 25-30. then it's time to start saving up and thinking of all the grown up shit like mortgages and stuff.
then again it's your life, so live it how you want. as long as you're happy.
When they end up on welfare, who do you think is supporting them?
Simultaneously it is the same reason why we're not discussing Edward Kwok and how hard he is studying for his 3rd year mechanical engineering exams
at least you didn't say electrical :whistle:
diesel_test
01-31-2013, 09:56 AM
When they end up on welfare, who do you think is supporting them?
lets just say if you're out of work no income, an asset would feed you a liability would eat you
radioman
01-31-2013, 10:16 AM
^stay golden pony boy
inv4zn
01-31-2013, 10:19 AM
lets just say if you're out of work no income, an asset would feed you a liability would eat you
http://cdn.memegenerator.net/instances/400x/34146384.jpg
:suspicious:
originalhypa
01-31-2013, 10:43 AM
In an asian family, the uncle would be cared for by the younger members of the family.
Didn't you say you have a 6,000 square foot house? No spare wing/basement suite for your own uncle???
Then again, he made his bed!
Coming from an Italian family, it's the patriarch who takes care of the underlings. We're the opposite of the Asian family. In fact, I feel that Indians (from India, not Squamish) are our true brother's from another mother.
That said, would "Godfather" have been as believable if Don Vito lived in Michael's basement?
:fullofwin:
Mr.HappySilp
01-31-2013, 10:45 AM
I been there done that.
I use to live pay cheque by pay cheque with several credit cards almost max limit and I carry a huge student loan.
It wasn't so much spending in clubs and girls but on clothes, eat outs etc etc......
I can say that it was a very stressful life becasue literally I wait for every pay day and pay my bills. If I miss a bill I am dead.
This went on for a good 2 years till I can't do it anymore and bills start pilling up and collections on my ass. Spoke to my family and they bail me out a bit. It was not fun when speaking to my family aobut it. They help my clear most of my bills but I sitll have to pay them back.
Now I am almost debt free and I can say that if I can go back in time I will never do that again. Not only it is a very stressful life but it also fuck my credit and I am still on the hook for the debt till now.
Is ok to spend once awhile but spent whitn your means. Never ever spend future money (IE I get pay $2000 next week so I can spend $2000 now and pay it off when I get paid). That never works. Only spend what you have now unless is mortage.
Sounds like a loser with no gf or car wrote this.
Key to balling out is an expense account.
Tapioca
01-31-2013, 11:53 AM
I been there done that.
I use to live pay cheque by pay cheque with several credit cards almost max limit and I carry a huge student loan.
It wasn't so much spending in clubs and girls but on clothes, eat outs etc etc......
I can say that it was a very stressful life becasue literally I wait for every pay day and pay my bills. If I miss a bill I am dead.
I have friends who have personal debt. I empathize with them. What some people don't realize is that it eats away at your self-confidence and hinders your decisions.
On the other hand, one could easily argue that they should have been more ambitious and pursued better job opportunities. Or perhaps gotten laid more, but I digress...
Posted via RS Mobile
GabAlmighty
01-31-2013, 12:26 PM
There's nothing wrong with debt, so long as it's good debt.
geeknerd
01-31-2013, 02:13 PM
i have friends who get money from their parents w/ no jobs but still end up in debt with CCs.
like why the fuck dont u just spend everything in cash, thats all you have anyways and you know you cant pay that CC back. :fulloffuck:
There's nothing wrong with debt, so long as it's good debt.
borrowing money to make it rain at the strip club is good debt right? cuz it feels good at the time! :badpokerface:
how bout people just live their own lives and stop preaching to others how they should live theirs?
why the fuck do you guys even care?
Mike Oxbig
01-31-2013, 02:56 PM
^ ONLY girls care, guys just hate that's Vancouver
payrent
01-31-2013, 03:18 PM
If you guys think Vancouver's 30K yuppies are bad, try seeing Asia/Eastern Europe.
It's amazing how much prestige a starbucks coffee cup is over there lol
If you guys think Vancouver's 30K yuppies are bad, try seeing Asia/Eastern Europe.
It's amazing how much prestige a starbucks coffee cup is over there lol
Or go to Brazil, where you drive a Honda Civic and people think you're balling. Panties drop for Audi A4s...
dat_steve
01-31-2013, 05:43 PM
Key to balling out is an expense account.
lol qft
CharlesInCharge
01-31-2013, 06:43 PM
The next article
So you got knocked up by a 30k Millionaire, what to do now.
jackmeister
01-31-2013, 06:55 PM
http://forgifs.com/gallery/d/165248-1/Keffiyeh_throwing_cash.gif
Saudi Prince in Night Club spends one million dollar - YouTube
full version :ahwow:
30000 annual income / 2150 business hours worked + OT/holidays = ~14/hr
Holy crap, the article actually talks about 14 dolla balla.
tiger_handheld
01-31-2013, 08:20 PM
perception is reality.
Like Margaret Thatcher said, it used to be about trying to do something. Now it is about trying to be someone
Jason00S2000
01-31-2013, 09:31 PM
Lil wayne Lollipop Remix ft. Kanye West... W/ LYRICS - YouTube
This song just makes you want to fuck bitches, get money
tonyzoomzoom
01-31-2013, 09:37 PM
these $30k millionaires will be prime candidates for Gregor's low income housing units in Yaletown ;)
Mr.Money
01-31-2013, 09:37 PM
Lil wayne Lollipop Remix ft. Kanye West... W/ LYRICS - YouTube (http://www.youtube.com/watch?v=-4vcM0VBNME)
This song just makes you want to fuck bitches, get money
yeah,just tell us when you get Here in vancouver with real women then Your trip To Thailand,Bangkok for one month :troll:
Jason00S2000
01-31-2013, 09:46 PM
yeah,just tell us when you get Here in vancouver with real women then Your trip To Thailand,Bangkok for one month :troll:
.
knight604
01-31-2013, 10:03 PM
xilley would you tap it? :ilied:
xilley
01-31-2013, 10:07 PM
xilley would you tap it? :ilied:
so.. you Would?
bcrdukes
01-31-2013, 10:08 PM
Babe from my sex tape
I hope I don't get banned for this
Post or pre-op?
knight604
01-31-2013, 10:09 PM
SHOW ME THE TITS AND WE WILL TALK ABOUT IT.
Jason00S2000
01-31-2013, 10:19 PM
Post or pre-op?
You might have to wait until February 14th, for "City of Singles" to be available on Amazon's Kindle OR through an ordered print copy!
Keep an eye out for the stunning RED Scarlet filmed trailer and sex tape as well!
:lawl::lawl::lawl::lawl::lawl::lawl::lawl:
:lawl::lawl::lawl::lawl::lawl::lawl::lawl:
Pimple on the butt..... Pass :fullofwin:
Nlkko
01-31-2013, 10:33 PM
Pimple on the butt..... Pass
seriously?
El Bastardo
01-31-2013, 10:33 PM
Pimple on the butt..... Pass
seriously?
http://i.imgur.com/nvLhJm2.jpg
Energy
01-31-2013, 10:36 PM
Pimple on the butt..... Pass :fullofwin:
Are you for real?
seriously?
Yea dudez.. would not touch :troll:
Duff Beer
01-31-2013, 11:13 PM
Interesting read. My question: Did they recognize themselves as the 99%
diesel_test
02-01-2013, 08:23 AM
http://www.mr-uploads.com/liveleak/datass.jpg
Babe from my sex tape
I hope I don't get banned for this
you sure she didn't fvkk 1000 guys before you did?
AIDSSS:wooha:
Hondaracer
02-01-2013, 08:50 AM
You might have to wait until February 14th, for "City of Singles" to be available on Amazon's Kindle OR through an ordered print copy!
Keep an eye out for the stunning RED Scarlet filmed trailer and sex tape as well!
:lawl::lawl::lawl::lawl::lawl::lawl::lawl:
:lawl::lawl::lawl::lawl::lawl::lawl::lawl:
Ill wait for the torrent copy
:troll:
Posted via RS Mobile
lol jason can you spoiler that? pretty big ass pic on my screen when i scroll down :lawl:
Ronith
02-02-2013, 05:47 PM
http://www.hayesdata.com/download/the_smoking_tire/Smoking%20Podcast%20042.mp3
Skip to 40:40 when he begins to talk about posers(30k millionaires)
Cliffs: Guy rents Lambo. Meets girl, tell her he owns it. Rents the lambo every weekend to impress her. They fuck with him and give him a lambo with a different interior. He ends up marrying her and ends up buying THAT used, rental 2004 lambo so he can't say he lied! lmao
Another guy rents a Bentley, rents a beach house in the Hamptons....says he is froma Saudi royal family.....He isnt and blew his entire paycheque for his year on that weekend.
And so on
dasani604
02-02-2013, 10:44 PM
http://www.hayesdata.com/download/the_smoking_tire/Smoking%20Podcast%20042.mp3
Skip to 40:40 when he begins to talk about posers(30k millionaires)
Cliffs: Guy rents Lambo. Meets girl, tell her he owns it. Rents the lambo every weekend to impress her. They fuck with him and give him a lambo with a different interior. He ends up marrying her and ends up buying THAT used, rental 2004 lambo so he can't say he lied! lmao
Another guy rents a Bentley, rents a beach house in the Hamptons....says he is froma Saudi royal family.....He isnt and blew his entire paycheque for his year on that weekend.
And so on
I wonder how well exotic car rental businesses are doing since the mindset to impress is so strong.
Iceman-19
02-02-2013, 11:18 PM
I missed the pic :(
dinamix
02-02-2013, 11:25 PM
Missed the pic too. Can someone post again
radioman
02-02-2013, 11:27 PM
it was pretty much this
( )( ' )*
*note pimple
Jason00S2000
02-03-2013, 12:33 AM
it was pretty much this
( )( ' )*
*note pimple
http://www.mr-uploads.com/megabot/zits.jpg
prznali
02-07-2013, 09:56 AM
http://www.mr-uploads.com/megabot/zits.jpg
ahahahahahahahahhaha
vBulletin® v3.8.11, Copyright ©2000-2026, vBulletin Solutions Inc.