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Posted

Everyone really wants to enjoy themselves but the old saying "it is not how much you make but how much you keep" applies even to prosperous young people as well.

There is a significant difference between making a lot of money and having a lot of money. This is particularly difficult if you enjoy bass fishing...LOL

This sport is EXPENSIVE!!

:XD:

....and, there's an even more significant difference between having stuff and being happy.

John

Posted

Well I don't think it's any bodies business what you spend your money on. I catch a lot crap for how we spend our money and I think that's ignorant. If I want to spend it all on bassboats and Cheetos I will.

By the way I don't own a boat.

That's just ridiculous. Who would buy cheetos when sun chips are right there on the same rack? I support your right to choose though.

Posted

Well it sure seems like making $100,000 today is about the same as my father earning $10,000 in 1965. That's just how it feels to me and I could be wrong.

I'm sure you're right.

I'd bet: your dad didn't have to outfit his entire family with cell phones and data plans; the house was small by today's standards; no cable; ate out every once in a blue moon rather than several times a week; his car didn't have seatbelts, airbags, electric windows or a single microchip; if he needed to add some numbers, he got a pencil and a scrap of paper; he didn't own a four function calculator, much less one or more computers; he probably had one camera for the whole family; probably had one B&W TV in the house; he probably got his shoes resoled rather than tossing them out; etc...

John

Posted

My parents built a new house in the mid 70's. I know for a fact that they spent less on the house than what my wife just did for a new car. And the payments were less than what my families monthly cell phone bill is.

 

 

Posted

Like to have the 50 -60 G boat, but then I woke up one day and said not for me. I will keep my paid off 9 year old skeeter and my paid for 13 year old F150. I did have to put a few bucks in the F150 last week, better the long term payments for me...

Posted

Well it sure seems like making $100,000 today is about the same as my father earning $10,000 in 1965. That's just how it feels to me and I could be wrong.

The Good Lord has blessed me and I don't want for much, I have a great family, friends and job. I also know the majority of folks are struggling and living on credit. These statistics kind of put things in perspective.

The massive and growing gulf between rich and poor is one of the direst challenges facing the U.S. economy.

Highlighting this gap, more than half of U.S. wage earners made less than $30,000 last year, according to an analysis released by the Social Security Administration on Tuesday. That's not far above the $27,010 that marked the federal poverty line for a family of five in 2012.

We've created this infographic to help visualize the skewed income distribution in the country.

Where do you stack up?

-If you make more than $10,000, you earn more than 24.2% of Americans, or 37 million people.

-If you make more than $15,000 (roughly the annual salary of a minimum-wage employee working 40 hours per week), you earn more than 32.2% of Americans.

-If you make more than $30,000, you earn more than 53.2% of Americans.

-If you make more than $50,000, you earn more than 73.4% of Americans.

-If you make more than $100,000, you earn more than 92.6% of Americans.

-You are officially in the top 1% of American wage earners if you earn more than$250,000.

-The 894 people that earn more than $20 million make more than 99.99989% of Americans, and are compensated a cumulative $37,009,979,568 per year.

*Based on the 153.6 million American wage-earners, as defined by the Social Security Administration.

Posted

Like to have the 50 -60 G boat, but then I woke up one day and said not for me. I will keep my paid off 9 year old skeeter and my paid for 13 year old F150. I did have to put a few bucks in the F150 last week, better the long term payments for me...

The cool thing is both of those will do everything a new one will. The change in boats in the last 15-20 years hasn't been that innovative. Accessories on the other hand have changed a ton! The good thing is all of the neat gadget that you put on a new boat go on an older boat just the same. My boat isn't layed out exactly how I'd prefer which is the only reason id sell it for another. I'd really like to have my old 2000 triton tr21 back.

Posted

OldMill, I don't think we are even talking about the 1% anymore, it has gone way beyond that. Probably 20 plus percent. I always forget the name of the sheep, but its not a Dall or a Big Horn. It kind of has a saddle on its back. That deal is 30 grand and its for 7 days.

One of my clients went to Africa last year and killed an Elephant and a bunch of plains game. I think the Elephant cost him 30 grand alone. He also bought a new rifle for 60 grand I believe. I think Beck has a client that has several of these European made double guns that are in that price range, and more.

Saw one of those double guns in the fine gun locker at Cabelas with a price tag of 80 grand on it. Waiting list was 5 yrs. they had that many ordered.

My son is single and 31 yrs. old. He has been making 6 figures for the past 8 yrs. These young folks have money.

Stone sheep Bill... British Columbia.

If one wants to wait. You can put in for a draw in Colorado or wyoming for sheep.....but on average it's about a 15-20 year wait on the draw. My uncle drew Colorado bighorn and a goat tag in the same year after waiting 21 years, and tagged out on both.

I was looking at the new Ranger Fisherman series and the 21 footer by the time a guy gets set up for trolling and such would be pushing or a little over 90 g's.

Posted

Must be a lot of folks that manage money better than me. I make what I consider a pretty good living and cannot imagine spending over 40g on a bass boat unless I was gonna make an income with it.

Just looked into buying a new F-150. Same deal. Prices are outrageous IMO. Will stick with my old Toyota and pay my mechanic to keep it running so it can drag my old paid for tin can back and forth to the lake. For all you guys with new trucks and 60g bass boats, good for you. That is awesome. Just can't bring myself to do it boys...

Jim "The obsessions of others are opaque to the unobsessed, and thus easy to mock...If we are lucky we all have at least one."

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