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PrintableSCNDLS said: missmad said: indeed. im still living at home (thankfully) and putting half of the money in the bank that i get and spending a little ( not necessarily half)/living on it learnt this lesson from a pal who does this with her money. It takes a lot of discipline but that's a great start.  In no time you'll be able to lend this fool some spare change. 
[Edited 7/18/08 21:16pm] thanks sweetie! Yea crazy isn't it and why people don't learn from others mistake IE Hammer, ill never know. | |
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phunkdaddy said: It's amazing that these guys with that kind of money feel the need
to a dozen cars that you can't drive all at one time and a YACHT ,
and a 10 million dollar home. WTF Hopefully this will be a lesson learned and he can turn it around financially. Unfortunately that's the mindset in Miami ,not to mention that you can't really do anything about the cost of real estate there, that's just how much things cost there now. A simple one bedroom condo that used to cost 50 grand in the early 90' now cost $400,000. The first apartment I ever had after college was a studio apartment on the penthouse floor of a hi-rise building in SouthBeach, at the tme it rented for $500 with an option to buy. Now it rents for 2,900...I don't even want to know what they're asking for sale wise. In any event, there is tremendous social pressure in Miami to always be in upgrade mode,to always have a lot of material things and flaunt your wealth as ostentatiously as possible. There is the mindset that this is what separates the men from the boys, nobodies from the fabulous, and being that Miami/Miami Beach's entire identity is based on hedonism, fantasy, and ", fabulosity", in order to run with certain crowds, you have to nearly pass a checklist requirements to be considered worthy and get respect from your peers. It's a rather ugly, pressure-cooked scene...and one of the reasons why I don't think I'd ever live there again... short of the place being completey destroyed by a natural disaster, completely devoid of people, and re-built again with a different perspective  ...
...anyhoo, too bad for the kid. I'm sure he'll bounce back though. I've seen worse stories of shame, infamy, and riches to rags epics there, and one thing about those Miamians is that they're like teflon. Nothing ever really sticks no matter how jacked-up things get with them. They always reinvent or re-structure their situation and emerge clean an unscathed. I'm sure Storch will be fine. Perhaps after he get hs finances in order he can get his hair fixed, that brillo-head look of his has always bugged me to no end  | |
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SCNDLS said: JackieBlue said: Why is it so hard for people to live simple lives?
I don't think they should live simple lives if they long for more. That's the down fall of many people who grew up poor. When they make it they want all the trappings of wealth. HOWEVER, most of these problems would be avoided if these dumb asses would pay for shit in cash. The repo man can't take your shit if it's paid for.  I heard THAT. Cash is king  | |
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