Hard times
I for real thought this was a McSweeney’s parody.
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Could have been. My first question, as I started through the article, was “how does a couple making $815K/year and spending only $6K a month beyond food only have $1.5 million in savings?” Then I kept reading and discovered that they apparently spend more than seven hundred dollars a week on food. For two people. JFC.
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He can’t be serious. She is going to eat from the same batch of ceviche. All. Week. He must love her for her iron stomach.
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Also, this is from the menu of the restaurant where the wife got a $14.50 ground beef tostada:
A single tostada with beef around here is a little less than $6. If I am paying $14.50 for a tostada, it had better make me see Jesus (or insert deity of choice).
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In this time of rising food costs, The Receipt reveals how folks—from different cities, with different incomes, on different schedules—are figuring out their food budgets.
In hindsight, I should have stopped reading right there.
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I had to wait about 5 minutes before my eyes rolled from the back of my skull back into position.
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I mean, it didn’t seem so awful to me. They got a great deal on all that Harry & David’s produce. Mostly the number of empty corn-syrup calories in all the sodas surprised me a bit! I take it he doesn’t drink. He did preface the report by saying he usually cooks at home and this week was an outlier. Also for several meals he was buying for 3+ people.
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Damn, I never realized wealthy people would cause such a negative reaction from this crowd. They are not pretentious trust fund babies and they earned what they have. What they buy and where they buy it seems relatively normal to me. BTW the tostada that is the subject of rage above is served with rice and beans, putting it $2 above the similar entree served where I live.
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Interesting.
I am having difficulty in making the numbers work out based on what he said their take home pay is. $15k a month and paid once a month. Assuming 50% lost to various taxes which is generous, the before tax income is $30k a month so $360k annually. Add $250k for stock and bonus and you get $610k in annual income. Not $815k. Numbers don’t foot but the magazine is Bon Appétit, not II after all. Writer probably can’t add 1+1.
What guy said.
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I found that odd, too. The same ceviche all week?
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Few seem to notice that it’s very easy to lie on the internet.
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And is that even realized? I don’t know the proper terminology but isn’t it just theoretical income until you cash it out? I mean I know there are dividends, but…?
This is why I stick to food lol.
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No way to know as there are many types of stock based programs. Some places awards RSUs which vest over time. You can sell as units vest and turn into transferable stock. Some programs grant immediately but then have restrictions on when you can sell. All sorts of other things in between. Then there are stock options. Each program has its own nuances and tax impact. Unfortunately for me due to the mix of employers and programs I got some of every flavor and it gets difficult tracking it all so that your question really is spot on. I don’t count stock based comp until I can sell and realize it.
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Boy, people are judgemental.
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Also water is wet 
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The problem I see is that these people can eat whatever they want regardless of cost. Their budget is elastic. So 99% of the population cannot relate to them at all.
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From the truncated headline I expected to read about a carpenter who has saved $815k and needs to make it last until he dies. Not a carpenter AND REAL ESTATE INVESTOR living on 815k PER YEAR.
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Almost sounds like a cable TV husband & wife reality show.
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