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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Are you r-slurred? Every single car you would ever lease is worth less than 40% of it's sticker after the lease period. Cars depreciate, houses appreciate.
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Are you? You aren't getting a lease for 60% of the car's value. That 40% you get from selling it more than offsets the extra spent up front.
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Neighbor what? I'm saying to buy the godarn car not take out loans holy shit you're a fricking r-slur
Edit: key phrase in my last post was up front. Apparently you're too poor to even comprehend not taking out financing
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Its crazy how you cant do math at all throughout this entire exchange.
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Here's some math:
A 2020 Camaro base model had an MSRP of 25k and now has a KBB trade in value of 19k. Even if we "round down" to 15k that's 60% of the car's initial value. Let's assume it could be leased for $400 for four years (you couldn't, I'm being very generous). You would have spent 20k leasing. Unless you think you can make up the 10k difference in savings after selling the vehicle by making that in market gains on 25k over that period, you would have been better off owning and selling back the vehicle over leasing.
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Neighbor now youre just off it. A 2020 V6 Camaro is worth like $27k now with 50k miles on it. If you had a $400 four year lease payment with that MSRP, your residual on it would be around ~$5k. Also, a 4 year lease payment with a standard residual on a $25k car comes out to about $250 average.
You know what a lease residual is, right? When your lease is up, if your car's value beats the residual, you buy the car at a net gain, if it doesn't, you don't lose any money (value that you would have lost owning it), and you give the car back.
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It's crazy how you don't understand you can sell things you own but not things you're renting. There's no math that makes up for that.
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