Quote:
Originally Posted by Manic!
Expensive clothes fancy restaurants.
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You can only buy so much expensive clothes?
7 x Jackets @ $1,500 = $10K
10 x pants @ $400 = $4k
20 Tops @ $300 = $6k
Tom Ford suit = $10K
10 Shoes @ $500 = $5k
Jewelry - $10K
lets say $45K, some people lease $2K/month payments for a 18 months
but at least the higher quality clothes above lasts you years
Quote:
Originally Posted by PeanutButter
In my experience, the guys who are the best dressed, fresh cut, who drive a leased car, and buy a lot of small things are the ones with the lowest net worth. I would say these guys don't even go on vacation that much, it's more about appearance for them.
I went out with some hockey guys the other night and a lot of them gamble. Parlays, picks, BCLC online casino. One of the guys told me he dropped $1k on craps online because BCLC apparently just started doing that online (he lost it all). BCLC made $1.5B in profit last year, just think about that for a moment, that's a lot of mortgages lost.
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I agree gambling is a huge vice that I see people who make over $200-300K+ spend easily $20-50K on a year.