This has to be one of the most insane monthly budgets I’ve ever seen pic.twitter.com/aqLlocNl3d
— Ramp Capital Guy (@RampCapitalLLC) July 26, 2023
Accurate?
I see the poors are pretending to be big wallet niggas again est. 2016
Hello, welcome to 'I see the poors are pretending to be big wallet gangstas again'
This hole exists as a safe space for refugees from the Facebook(MetaTM groups of the same name. Of which there have been several iterations. We mostly exist to poke fun at the state of living in poverty. While it oftentimes is unavoidable, we do aspire to not be meanspirited. Over the years we have co-opted the term 'Peak Poor' to being someone who exudes poverty, regardless of their actual net worth. Trump and Elon both exhibit the peak poor ethos from time to time while still being the top 0.000001%. You can do something peak poor and still be a good person or a generally adjusted one. We all have a bit of poor in us.
We basically fill a niche similar to fatpeoplehate with a bit less actual malice.
PeakPoor is shotgunning mountain dews at 5 years old.
PeakPoor is not people dying of poverty. While technically the greatest heights of poverty is succumbing to it this is not funny, and is a failure
of capitalism. We do not make fun of poverty to be mean spirited such as that.
Read the room, if it's punching down too hard or really digging into someone whos a sympathetic character it doesn't belong here. (basically READ THE ROOM)
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Subscribe to this hole, it's important that we get our numbers up. Love numbers = peak poor
Bonus points for making your post title some variation of peak poor. (Pinnacle of Poverty, Prowess of the Penniless)
I am looking for a mod who will help me grow this place and encourage the facebook community where the majoryity of our members reside
to migrate. Contact me if interested.
I really do love you all so very much, i'm even spending drama coin to get some banners and marseys. thanks for being a part of the community.
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I don't care if you're pulling 10 mil a year, this is extremely r-slurred.
$4k for personal trainers? They're probably fricking them too.
Also $10k on nanny. B-word is making $120k babysitting thanks to r-slurred yuppies
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A $10 million house on $3 million total income (including bonuses) seems like a decent ratio?
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Financially, yeah it makes sense. But after a certain income level these ratios don't hold water.
They're likely just throwing away cash to maintain a lifestyle and to show off.
Here's the Zillow for their town https://www.zillow.com/alpine-nj/luxury-homes/
You can probably get a slightly smaller house for like half the price.
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Interesting thanks. Imagine feeling like you need to show off beyond your means on $3 million a year.
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No problem. I've spent a lot of time in North Jersey and cases like this are typical. She mentions in the video one of them is a lawyer. They probably got a big promotion or made partner and felt the need to upgrade their lifestyle. This is how lifestyle creep sets in and people end up being house rich and cash poor.
These people have $30k in savings. I've known people making a fraction of what these two make and have more savings.
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1.2M in invesments though?
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True. But it depends on how liquid they are. These people are one major expense away from blowing through their savings and missing their mortgage payment.
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