Current Events > How do most people that make $100K+ annually be broke?

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FFVII_REMAKE
08/23/17 1:49:34 AM
#1:


What the fuck.
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Yaridovich
08/23/17 1:50:00 AM
#2:


Alimony

Drugs

Poor spending habits
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Darmik
08/23/17 1:50:26 AM
#3:


Bad investments/failing business?
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blablablax17
08/23/17 1:51:50 AM
#4:


They live in San Francisco or New York City.
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Derp
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DarkChozoGhost
08/23/17 1:52:37 AM
#5:


They put most of their money back into the business.

And "broke" for them means something different than "broke" for you. For them, it means they're used up their "fun" budget. They're got money, but not money to spend on going out to eat or drinking.
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Trayvon
08/23/17 1:53:08 AM
#6:


mo money, mo problems

but yeah usually with more monies there is an expectation to make more expensive lifestyle choices.

eg. even a car, once you start making more money people expect you to get a German car whether you even like them or not
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SK8T3R215
08/23/17 1:54:57 AM
#7:


Spend more than they make hth
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ProfDE
08/23/17 5:26:25 AM
#8:


I manage my money well so even though I make no where near 100,000 a year, I get by just fine.
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#9
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Malfurion
08/23/17 5:30:42 AM
#10:


Spending money on luxury items, high maintenance girlfriends/spouses, expensive hobbies, buying things on credit and not paying on time which leads to incurring credit charges.
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ArchiePeck
08/23/17 5:45:45 AM
#11:


Most people, by and large, live a lifestyle at the level they earn. Whether that's $40K or $140K. Nicer cars, fancier restaurants, more expensive clothes...
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Ricemills
08/23/17 6:11:36 AM
#12:


they spent more than what they earned.
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#13
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Sativa_Rose
08/23/17 6:14:00 AM
#14:


lifestyle inflation like others have mentioned.
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itachi15243
08/23/17 6:15:11 AM
#15:


The more money you have the deeper in debt you can get.

All it takes is a drug problem or a missed payment, then you're always trying to catch up.
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NurseRedHeart
08/23/17 6:15:37 AM
#16:


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