February 17, 2012

Wherein I agree with Leftists (for once)

So there's an article in Toronto Life about being "almost rich".  The article drives me to distraction.  Why?  Because these people are idiots.  When Leftists complain about people whining about not having enough when they are doing rather well it rings hollow. 

Here's a couple making $200,000 a year talking about their budget.

There's no mention of what their tax rate is so I've assumed 30%

Annual income:  $200,000

Estimated income tax 30%

Which leaves $140,000 (200,000 * .7)

Less total annual expenses as stated:  $140,000 - $40,340 = $99,660.

Leaving $8,305 per month ($99,660/12)

Less $7,920 in monthly expenses.

Leaving $385 left over.  

Wow.  

Some things of note.  You are spending $1,000 per month on clothes.  I don't spend that much in a year for a family of 7.  $400 on "vitamins, creams and lotions."  You're an idiot and I should be in the Canadian lotion business.  $100 per month on books and magazines.  How about getting a kindle or maybe a library card.  If you're spending $250 a month on gifts for other kids you're insane.  Either that or you have the most absurdly huge social circle.  You are also spending seven grand a year on vacations in addition to $1200 a month on you summer house.  Perhaps you could slum it at the summer house a bit more or pare down the vacation a bit?  

When lefties go crazy about people complaining about money from people who clearly make money, this is exactly what they're talking about.  This group is the biggest bunch of freakin whiners.  Get over  yourself.  Learn to budget and for the love of God, stop trying to keep up with  your neighbors.  It is pointless and will never be successful.  This idiot is spending $800 a month on wine.  You can be certain if he's copping to 800 it's probably more than that.  You can buy excellent wines for less than $15 per bottle and damn good ones for $10 or less.  

John Scalzi reads this article and wonders why there isn't fires across the city.  I think he's joking but that kind of language is probably unwise and unwarranted.  These people, while idiots, are harmless ones.  They hurt no one but themselves with this spending.  Hell they even help the people who they're giving their money to.  The old adage of "a fool and his money are soon parted" are well illustrated here.


Posted by Duffy at February 17, 2012 02:20 PM | TrackBack

Comments  (We reserve the right to edit and/or delete any comments. If your comment is blocked or won't post, e-mail us and we'll post it for you.)

Almost Rich: an examination of the true cost of city living and why rich is never rich enough reads the title. To which I then reached for my laptop's screen trying to grab the idiot father's lapel to scream at him endlessly.

Ye gad.

Posted by: Hube at February 17, 2012 04:10 PM