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1000$ a month is not a lot and doesn’t make someone rich.
by matt3210 3y ago
1000$ a month is not a lot and doesn’t make someone rich.
- defrost 3y agoNot in itself, no - but for context that's just the subscription fee for a single app ... anyone that's idlely boasting about their lifestyle across several apps and burning N x $12K a year to do so is either rich enough to think nothing of the cost or running a long con.
- xg15 3y agoIf you spend $12.000/year purely for personal entertainment then you either have deeply problematic spending habits, are involved in something shady or really are filthy rich.
- jychang 3y agoPlenty of people spend over $12k a year for things that make them feel better (that they don’t need). It’s called a luxury car. Anyone who bought a new Porsche (and isn’t a professional racing driver using it for work) is probably spending over $12k a year on something for fun.
- broast 3y agoI assume anyone who buys a new Porsche is indeed rich
- hungryforcodes 3y ago[flagged]
- junon 3y ago... What? Spending 250 a week on a less interesting version of Instagram access is wild if you aren't "filthy rich". I'd argue it's wild either way but I'm not your parent. Criticizing that is normal, your comment is very much not. Are you filthy rich and don't realize it?
- hungryforcodes 3y agoBut the original post was "personal entertainment". Between eating out and having a couple of beers (both of which are unneeded), it's easy to spend at least $35 a day ($250 a week).
- xg15 3y agoYeah. Would you browse HN if it cost you $36 a day?
- prepend 3y agoIf it was worth it, sure. If has the same content now, definitely not. This app sounds stupid and I can’t imagine it has better content than Instagram or TikTok. Country Clubs aren’t worth it just because they are only full of rich people. It collects golf, dining, space, etc. Few people would pay $50k to join a “virtual country club” that solely exists to filter rich people. I mean salespeople and scammers would, but what’s the value to rich people.
- dillydogg 3y agoThis highlights how out of touch HN people are. 37% of Americans can't afford a one time $400 expense. And $12k a year is just nothing, apparently. https://www.federalreserve.gov/consumerscommunities/shed.htm https://www.federalreserve.gov/consumerscommunities/shed.htm
- raincole 3y ago$12k is not nothing, but the title is "super wealthy". If you make $1.2m a year, spending $12k on entertainment seems very reasonable. But making $1.2m/y alone doesn't make someone "super wealthy".
- dillydogg 3y agoPerhaps we have different definitions of super wealthy but it is clear to me that being in the top 1% percentile is super wealthy.
- raincole 3y agoThere are 3 million people in "top 1%" bracket in the US. I think "super" becomes quite a cheap word if you use it to describe a group of millions.
- deleted 3y ago[deleted]
- dillydogg 3y agoPerhaps, but I would suspect a vast majority of Americans would perceive making more than they do in their lifetimes every year as living in a different caste
- dalmo3 3y agoAt the same time 25 million Americans are in the top 1%. https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html https://www.credit-suisse.com/about-us/en/reports-research/g...
- shusaku 3y agoA lot of people on HN have Silicon Valley jobs which leads to a distortion field around prices.
- jandrewrogers 3y agoThat number is almost exactly the median amount of money Americans have left over for spending for "personal entertainment" after all ordinary expenses, per the US government. Americans have anomalously high income generally, not just tech workers. You don't need to be rich to spend this much on something wasteful, though you may need to be American.
- xg15 3y agoeven then, would that half of americans spend the majority of their "personal entertainment" budget on one app?
- jandrewrogers 3y agoI'd hope and expect not but Americans do lots of inadvisable things at scale, so it would not surprise me if there is a small sub-population that would. A "small sub-population" can be a lot of people.
- janalsncm 3y agoIf you have an extra $1000 per month laying around that you don’t mind parting with maybe I can send you my PayPal address.
- deleted 3y ago[deleted]
- postalrat 3y agoUnless your $1000 a month account is a few years old you will just be ignored.