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ยป How much money does it take to afford the fast life? (cars, clothes, partying, etc)
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post 1624915291 12-08-2020, 05:50 PM
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How much money does it take to afford the fast life? (cars, clothes, partying, etc)

I see a lot of youtubers posting multiple videos of them in different supercars, buying expensive watches, wearing designer clothes etc. Also know a few guys IRL who post similar stuff of them living life like a rapper going out every night, blowing money at strip clubs, expensive high rise apartments. Always wondered at what income/net worth is this kind of lifestyle truly affordable?

Seems like even at $250k/yr it would be a stretch to buy a $30k watch & a nice car in your 20s without a sizeable amount of unrealized gain.
Do not think that what is hard for you to master is humanly impossible; and if it is humanly possible, consider it to be within your reach.
post 1624915431 12-08-2020, 05:52 PM
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More than you can afford pal
No sig crew
post 1624915821 12-08-2020, 05:56 PM
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More than you can afford pal
See user title srs
post 1624916571 12-08-2020, 06:04 PM
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They aren't buying what you think. If a vid can generate $5,000 based on a certain amount of views then renting a sports car for $2,250 with insurance for a day and taking lots of shots and vids makes business sense. Same with lots of other things that can be rented or returned.

Conor McGregor didn't even bother taking tags off some of the expensive cloths he bought, used one time at a photo gathering then returned.
post 1624916881 12-08-2020, 06:08 PM
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Originally Posted By ScaleAndSteel
They aren't buying what you think. If a vid can generate $5,000 based on a certain amount of views then renting a sports car for $2,250 with insurance for a day and taking lots of shots and vids makes business sense. Same with lots of other things that can be rented or returned.

Conor McGregor didn't even bother taking tags off some of the expensive cloths he bought, used one time at a photo gathering then returned.
This. Even if you earn 1 to 2 million per year you can spend it all, very very easily living the 'fast' life.



Assuming someone earns 250K per year as a single guy and wants to 'ball out' you could certainly look more wealthy then 99% of the population though. As far as clothes/watches and a decent car.
post 1624917061 12-08-2020, 06:11 PM
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bout 350k a year
post 1624917091 12-08-2020, 06:11 PM
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500 racks a show.

Is how much you need if you want to live the rockstar life.
Cash Rules Everything Around Me
post 1624917141 12-08-2020, 06:12 PM
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All my friends that are flashy and have nice clothes just live at home with their parents.
post 1624917281 12-08-2020, 06:14 PM
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you guys are have no business sense


most of those youtubers also write off expensive items for their channel as a business expense.

example : writing off expensive car, travel expense etc
post 1624917861 12-08-2020, 06:21 PM
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It really depends on where you live, and what your definition of balling is.
Nuggets of Wisdom
post 1624917991 12-08-2020, 06:23 PM
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Originally Posted By Winston56432
you guys are have no business sense


most of those youtubers also write off expensive items for their channel as a business expense.

example : writing off expensive car, travel expense etc
lol at wanting views to be your source of income
post 1624918461 12-08-2020, 06:29 PM
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Originally Posted By Mult1Tro11
lol at wanting views to be your source of income
lol at making more money from views than you wage cuck job

a lot of the "small" channels I follow are making 20-30k/month min
post 1624918631 12-08-2020, 06:31 PM
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Depends if you're male or female
post 1624919131 12-08-2020, 06:37 PM
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Minimum wage.

Plus, dont fall for thinking all of that's real.

Look up youtube vid of young Jeff Bezos in his old Honda.
post 1624919521 12-08-2020, 06:41 PM
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Originally Posted By guest89
This. Even if you earn 1 to 2 million per year you can spend it all, very very easily living the 'fast' life.



Assuming someone earns 250K per year as a single guy and wants to 'ball out' you could certainly look more wealthy then 99% of the population though. As far as clothes/watches and a decent car.
Technically you could afford a nice car with a 1.5k-2k payment, but paying interest on a depreciating asset doesn't seem like the best move. If you buy an entry level rolex for like $15k that's 6% of your yearly income which seems like a lot IMO.

Definitely think you could afford nice clothes and a few expensive hobbies though. Idk maybe I'm just cheap.
Do not think that what is hard for you to master is humanly impossible; and if it is humanly possible, consider it to be within your reach.
post 1624921451 12-08-2020, 07:08 PM
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I survive at my current wage rate and save for the future, if I had $200k on top of that I could do most all those things. Sure, it'd be irresponsible but it can be done. I'd say it doesn't take over $500k/year to appear rich. Top clothes/jewelry, rent the cars/house etc. Then again, real estate location is the largest factor in all of this. The house will make up the largest proportion of fixed costs in pretty much any scenario.
post 1624921921 12-08-2020, 07:13 PM
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$1 mill a year AFTER taxes.
300 Forever
post 1624930481 12-08-2020, 08:45 PM
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your soul and self respect
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post 1624932541 12-08-2020, 09:12 PM
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First off it depends where you live. Assume you don't have kids OR debt AND have savings/investments (~$100k):

Scenario 1 - Los Angeles

$500k per year minimum salary

$1.2 - 1.5mill house - $7k per month
Aston Martin Vantage - $3000 per month
Range Rover Daily - $1500 per month
Vacations - $2500 per month

Scenario 2 - Kansas City - $360k per year minimum salary

$500-700k house - $3200 per month
Aston Martin Vantage - $3000 per month
Range Rover Daily - $1500 per month
Vacations - $2500 per month

Scenario 3 - White Trash Baller - Tulsa, OK - $240k minimum salary

$400-550k house - $2500 per month
Loaded corvette C8 - $1500 per month
Loaded Chevy Tahoe - $1100 per month
Vacations - $1500 per month
post 1624932691 12-08-2020, 09:14 PM
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Originally Posted By iamdetermined
Technically you could afford a nice car with a 1.5k-2k payment, but paying interest on a depreciating asset doesn't seem like the best move. If you buy an entry level rolex for like $15k that's 6% of your yearly income which seems like a lot IMO.

Definitely think you could afford nice clothes and a few expensive hobbies though. Idk maybe I'm just cheap.
unless you write of the car as business expense. all those youtube car channels do.

even if you have a brand/image the car could be written off
post 1624932911 12-08-2020, 09:15 PM
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Originally Posted By DrFeeIGood
First off it depends where you live. Assume you don't have kids OR debt AND have savings/investments (~$100k):

Scenario 1 - Los Angeles

$500k per year minimum salary

$1.2 - 1.5mill house - $7k per month
Aston Martin Vantage - $3000 per month
Range Rover Daily - $1500 per month
Vacations - $2500 per month

Scenario 2 - Kansas City - $360k per year minimum salary

$500-700k house - $3200 per month
Aston Martin Vantage - $3000 per month
Range Rover Daily - $1500 per month
Vacations - $2500 per month

Scenario 3 - White Trash Baller - Tulsa, OK - $240k minimum salary

$400-550k house - $2500 per month
Loaded corvette C8 - $1500 per month
Loaded Chevy Tahoe - $1100 per month
Vacations - $1500 per month
Originally Posted By scrapbrah
I survive at my current wage rate and save for the future, if I had $200k on top of that I could do most all those things. Sure, it'd be irresponsible but it can be done. I'd say it doesn't take over $500k/year to appear rich. Top clothes/jewelry, rent the cars/house etc. Then again, real estate location is the largest factor in all of this. The house will make up the largest proportion of fixed costs in pretty much any scenario.
well lots of youtubes need to live in LA to collab w/ other youtubers

also house expense can be cut down a lot by making it office for tax reasons. you would be suprised by how much crap you can write off.
post 1624933671 12-08-2020, 09:24 PM
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Originally Posted By DrFeeIGood
First off it depends where you live. Assume you don't have kids OR debt AND have savings/investments (~$100k):

Scenario 1 - Los Angeles

$500k per year minimum salary

$1.2 - 1.5mill house - $7k per month
Aston Martin Vantage - $3000 per month
Range Rover Daily - $1500 per month
Vacations - $2500 per month

Scenario 2 - Kansas City - $360k per year minimum salary

$500-700k house - $3200 per month
Aston Martin Vantage - $3000 per month
Range Rover Daily - $1500 per month
Vacations - $2500 per month

Scenario 3 - White Trash Baller - Tulsa, OK - $240k minimum salary

$400-550k house - $2500 per month
Loaded corvette C8 - $1500 per month
Loaded Chevy Tahoe - $1100 per month
Vacations - $1500 per month
Lol @ "white trash baller"

The LA example at $500k is doable, but $3k per month on a car payment seems way too irresponsible. Wouldn't make sense unless net worth is well over $1M. Why is the savings/investment number so low? $100k is definitely a lot but not enough for this lifestyle.
Do not think that what is hard for you to master is humanly impossible; and if it is humanly possible, consider it to be within your reach.
post 1624938861 12-08-2020, 10:21 PM
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In CA half the salary will be taxes- ie $500 goes to $250k. If you make more than a million, there's an extra bit of state income to fund retarded people or something.

$250k is $20k a month, so figure spend max a third on rent- $7k. That will get you a pimp apartment in Los Angeles for sure, even pre-wuflu. For $5k a month you can get a used 911, and presumably $8k is enough for all the other stupid consumption. Watches and male jewelry I don't get at all.

That said, the ultimate luxury is not having to work, so better to save the money and retire by 40 with a few million in liquid assets. If you save $100k a year for 17 years and put it into VTI/VOO/QQQ at let's say 7% return, you'll have $3m. That's enough to retire on.

EDIT: $7k is too much for a $1.2m house. Maybe $5k. Mortgages are incredibly cheap right now, you could probably get $4k with $250k down.
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