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first question, how does someone make a living risking "millions of dollars" and barely have enough money to afford a single flight?

by jwb119 17y ago

dimarco 17y ago
keyword: risking
- Soupy 17y ago
  not to mention the economy as a whole...
ojbyrne 17y ago
Only having the job for a week or two?
dcurtis 17y ago
I think she was a trader making at least several hundred grand a year. But she lived in an extremely expensive apartment. In the few months after being fired, she spent her entire savings on living expenses. That's part of why I found her story so fascinating.
- run4yourlives 17y ago
  That's part of why I found her story so fascinating. No disrespect, but that's not fascinating, it's stupid. Basically, she had no savings. No rainy day fund. No retirement funds. No investments. What's the first think Suze Orman types tell all of those women that watch her? Have enough set aside for 2-3 months living expenses - minimum! There's simply no excuse for someone working so close to money to be so irresponsible with her own. I feel for her, but perhaps this is lesson learned.
  - tsally 17y ago
    Keep in mind that we don't really know the full story. There could have been a number of factors preventing her from setting aside 3 months of living expenses. Heck, she might have only been at her job for a few months. The fact that she had a job managing a lot of money suggests to me that she would know how to manage her own, and that it is more likely than not she didn't have the option to save up a large amount of money. Point being, let's not criticize based only on anecdotal evidence.
  - dcurtis 17y ago
    She was so addicted to her expensive lifestyle that when she lost her job she couldn't get herself to lower her expenses. You could call her stupid, but I find it fascinating.
    - Legion 17y ago
      Indeed. Stupid and fascinating aren't mutually exclusive. In fact, I'd say they're often highly correlated.
- radu_floricica 17y ago
  At least she didn't have debt. (I assume since she wouldn't have been as worried about the extra sum).
fname 17y ago
The fact that you're asking that question makes this idea worth that much more.
deleted 17y ago
[deleted]
sharpn 17y ago
OPM

first question, how does someone make a living risking "millions of dollars" and barely have enough money to afford a single flight?

by jwb119 17y ago

first question, how does someone make a living risking "millions of dollars" and barely have enough money to afford a single flight?

dimarco 17y ago

keyword: risking

Soupy 17y ago
not to mention the economy as a whole...

ojbyrne 17y ago

Only having the job for a week or two?

dcurtis 17y ago

I think she was a trader making at least several hundred grand a year. But she lived in an extremely expensive apartment. In the few months after being fired, she spent her entire savings on living expenses. That's part of why I found her story so fascinating.

run4yourlives 17y ago
That's part of why I found her story so fascinating. No disrespect, but that's not fascinating, it's stupid. Basically, she had no savings. No rainy day fund. No retirement funds. No investments. What's the first think Suze Orman types tell all of those women that watch her? Have enough set aside for 2-3 months living expenses - minimum! There's simply no excuse for someone working so close to money to be so irresponsible with her own. I feel for her, but perhaps this is lesson learned.
- tsally 17y ago
  Keep in mind that we don't really know the full story. There could have been a number of factors preventing her from setting aside 3 months of living expenses. Heck, she might have only been at her job for a few months. The fact that she had a job managing a lot of money suggests to me that she would know how to manage her own, and that it is more likely than not she didn't have the option to save up a large amount of money. Point being, let's not criticize based only on anecdotal evidence.
- dcurtis 17y ago
  She was so addicted to her expensive lifestyle that when she lost her job she couldn't get herself to lower her expenses. You could call her stupid, but I find it fascinating.
  - Legion 17y ago
    Indeed. Stupid and fascinating aren't mutually exclusive. In fact, I'd say they're often highly correlated.
radu_floricica 17y ago
At least she didn't have debt. (I assume since she wouldn't have been as worried about the extra sum).

fname 17y ago

The fact that you're asking that question makes this idea worth that much more.

deleted 17y ago

[deleted]

sharpn 17y ago

OPM