ICYMI: This was one of our top stories of 2019 -- and readers were not very sympathetic to this couple.
In an example of extreme American consumerism, one anonymous man, using the handle Slavikfill, claimed to be seeking tips on how to stretch his household income of $500,000 a year when he posted his since-removed budget on Reddit.
The gist of the feedback — besides questions over whether it’s true or just expert trolling — is that nearly all the expenses could be slashed dramatically. Specifically, critics called out the $3,000 spent on food and the $2,000 on clothes. Yes, $100 a day spent on food seems way over the top, even if the couple lived in New York City — but in Kansas?But, as with many homeowners across the country these days, it’s the mortgage that does the most damage. In this case, Slavikfill spends $10,000 every month, and that doesn’t even include the taxes. His explanation: He bought the house for about $1.3 million on a 10-year term, hence the high monthlies.
Then there’s an item that stands out as perhaps completely unnecessary even for a couple of across-the-board overspenders: $100 a month on bitcoin BTCUSD, +1.11% — but, considering the crypto’s performance lately, he’s probably not in a hurry to remove that budget line.
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