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the guy doesnt have to live in brooklyn. he can live in nj and have a longer commute. when you live in nj, you dont have to pay 32k for private school for your kids. the 10k or so property tax for a 500k or so house will cover very good public schools for all your kiddies.
Making fun of the guy is just stupid and highlights the ignorance. Makes you as dumb as he is.
i think we should make fun of people who live above their means whether they are making 20k or 500k.
it is funny to see the things these people are cutting and they expect you to feel sorry for them. people who earn less are cutting things much more important than a vacation, second home, parking for their audi, etc.
Yeah i read the article.Unless this guy was in a lot of debt I dont see how 350K would be insufficient even with private schools and summer rental.. Granted I dont know the amounts he was spending on any of this stuff.
Try living with the stress of medical bills that amount to over your yearly pay and possibly being out of work due to your illness when you are in your early 20s. Try living with that stress being the FIRST THING YOU THINK ABOUT - versus the fact that you may very well die of your disease before your 25th birthday.
But no, not being able to send your kids to an overpriced private school and *gasp* making them SHARE a BEDROOM is more stress than my little mind could possibly process.
But no, not being able to send your kids to an overpriced private school and *gasp* making them SHARE a BEDROOM is more stress than my little mind could possibly process.
What do you think a private school should be priced at?
What do you think a private school should be priced at?
Whatever the school wants and people are willing to pay - but if it doesn't fit your budget, then it's overpriced. If it negatively influences your emergency savings, it's overpriced. It's not a necessity.
If you can't send your kids to public school for whatever reason, there is a large array of private school options from the expensive (which these families seem to have chosen) to much cheaper Catholic schools and everything in between.
Whatever the school wants and people are willing to pay - but if it doesn't fit your budget, then it's overpriced. If it negatively influences your emergency savings, it's overpriced. It's not a necessity.
If you can't send your kids to public school for whatever reason, there is a large array of private school options from the expensive (which these families seem to have chosen) to much cheaper Catholic schools and everything in between.
Overpriced has nothing to do with what you can afford or not. Overpriced means that it's priced higher than the actual value. Private schools being somewhere between $5,000 to $50,000/year are generally not overpriced. For reference, in NJ, public schools are about $13,000 per student average across the state.
When people say that a bond is overpriced, that doesn't mean they cannot afford it. Heck, there's many $10 bonds that are overpriced. It's not overpriced because investors don't have $10. It's overpriced because the value of the bond is lower than $10.
True... in the sense of if...
Say the people who don't have money (like kids / that welfare receiver) who gets free food, shelter etc... will really have nothing to stress about if & should this "free gravy train" keeps giving.
While if you are the one working & paying the tax that paid for the other 50% plus population (dependent on your taxed money eg. that welfare receiver / that child / stay home spouse etc.)... will carry the burden of stress especially if "cost" for you went up (gas, food, rent / property tax etc.).
I definitely do not want that 2X +++ the stress for having to support a "stranger" or 10 strangers etc. besides my own relations of a spouse / kids / grandparents / parents etc...
People are way too materialistic in US. Guy I knew very rich. It was business and money that was all he cared about. He really did not even enjoy his money. He just wanted more no matter what. Well he got cancer and died. Health is way more important the money. Money comes money goes that is life. But if you have your health you can always make another buck.
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