Chelsea Clinton to Leave $600k/yr reporter job at NBC News

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Anubis

No Lifer
Aug 31, 2001
78,712
427
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tbqhwy.com
From reality: http://www.nytimes.com/pages/realestate/

Find an apartment in a nice part of Manhattan. Price one. Your jaw will drop.

Remember, you're a person who makes $600k a year, you're not longer living in "survival mode," like most people in NYC. You have to live, dress, and act the part. You can't make $600k a year and live in a 2 bedroom in Queens and drive a Civic.

lol yes you can
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
I think you need to pluck some different numbers out of your backside. It doesn't cost ten times as much to live in NYC as opposed to the rest of the nation. A Big Mac isn't going to cost $20. A Ford sedan isn't going to cost $200k.

Overall it does cost nearly that much more. Yeah a Big Mac is roughly the same, so are cars. But you can't make $600k a year and drive a Ford Focus. You'd look like a clown. You'd have to look at something like a Range Rover Sport or Mercedes ML at least.

Parking: http://nypost.com/2010/12/11/park-here-1200/

That article was from 4 years ago. Imagine what it is now. Imagine what car insurance is in NYC. Cars must get beat to crap on those city streets. New rims and brakes every year.
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
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lol yes you can

Technically you can but you'd wake up one day and say to yourself, "I make $600k and I live in a dumpy apartment in Queens." Which only solidifies my point.

I'm talking about making $600k a year and being content. You'd feel like a moron making $600k and living next to a crack house.

Oh I know the bare minimalist attitude of ATOT. You guys read "The Millionaire Next Door" too many times (which in itself is a misleading book).
 

MongGrel

Lifer
Dec 3, 2013
38,466
3,067
121
That's not Manhattan, it's an entirely different world from Manhattan. Especially in 2014. What year did you live there?

NYC has always been expensive, but as of today, it's more expensive than it's ever been due to international money flooding the real estate market and Wall St's big bonus resurgence.
Ah, now it's a Manhattan thing.
 

smitbret

Diamond Member
Jul 27, 2006
3,382
17
81
Overall it does cost nearly that much more. Yeah a Big Mac is roughly the same, so are cars. But you can't make $600k a year and drive a Ford Focus. You'd look like a clown. You'd have to look at something like a Range Rover Sport or Mercedes ML at least.

Parking: http://nypost.com/2010/12/11/park-here-1200/

That article was from 4 years ago. Imagine what it is now. Imagine what car insurance is in NYC. Cars must get beat to crap on those city streets. New rims and brakes every year.

I thought that most people in Manhattan used Public Transit
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
I thought that most people in Manhattan used Public Transit

You guys are missing the point entirely. You don't take the bus if you make $600k a year. I would feel like a moron working a high profile job making $600k a year and then having to take the bus. I would feel like I'm getting ripped off knowing I could move to the midwest or south and make $100k, less pressure on my job, and drive a Benz and live in a 5 bedroom new house.

You don't work a high end job and live a low end lifestyle. If you do, you missed the point. If you can claw your way to a $600k a year job and cannot reap any rewards from it, what was the point?
 

Anubis

No Lifer
Aug 31, 2001
78,712
427
126
tbqhwy.com
Technically you can but you'd wake up one day and say to yourself, "I make $600k and I live in a dumpy apartment in Queens." Which only solidifies my point.

I'm talking about making $600k a year and being content. You'd feel like a moron making $600k and living next to a crack house.

Oh I know the bare minimalist attitude of ATOT. You guys read "The Millionaire Next Door" too many times (which in itself is a misleading book).

im good friends with someone worth close to a billion
he works in a town of 7000 people in the middle of nowhere and lives in a pretty standard apt complex
drives a 10+ year old car

my brother in law makes over 600k a year - drives a pickup truck

:colbert:
 
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smitbret

Diamond Member
Jul 27, 2006
3,382
17
81
I remember when ultra millionaire Ross Perot was running for president in 1992. He drove a 1987 Olds Cutlass.
 
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JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
im good friends with someone worth close to a billion
he works in a town of 7000 people in the middle of nowhere and lives in a pretty standard apt complex
drives a 10+ year old car

I respectfully do not believe you, I'm sorry.

Most billionaires live billionaire lifestyles, despite what the media wants you to believe. Even Warren Buffett lives lavishly.

I live in the same neighborhood as a billionaire, he lives in a $800k condo (inexpensive city) but has a $20m house in CA as well. I consider this thrifty for a billionaire.
 

smitbret

Diamond Member
Jul 27, 2006
3,382
17
81
You guys are missing the point entirely. You don't take the bus if you make $600k a year. I would feel like a moron working a high profile job making $600k a year and then having to take the bus. I would feel like I'm getting ripped off knowing I could move to the midwest or south and make $100k, less pressure on my job, and drive a Benz and live in a 5 bedroom new house.

You don't work a high end job and live a low end lifestyle. If you do, you missed the point. If you can claw your way to a $600k a year job and cannot reap any rewards from it, what was the point?

You sound like one of those college kids that is so eager to look important that you will buy an 8 year old Audi with 127,000 miles on it so you can look cool.
 

Anubis

No Lifer
Aug 31, 2001
78,712
427
126
tbqhwy.com
I respectfully do not believe you, I'm sorry.

Most billionaires live billionaire lifestyles, despite what the media wants you to believe. Even Warren Buffett lives lavishly.

you can not believe me all you want, does not make it any less true
he has a house in palm springs, one in Beverly hills, one in NYC one outside DC, prob more, but hes here 90% of the time
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
I remember when ultra millionaire Ross Perot was running for president in 1992. He drove a 1987 Olds Cutlass.

Ross Perot is and was a billionaire. Don't let politicians use the media to trick you into thinking they live like paupers. Ross Perot lives in a street called "billionaires row," in Dallas in a house worth several million.
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
You sound like one of those college kids that is so eager to look important that you will buy an 8 year old Audi with 127,000 miles on it so you can look cool.

I understand the type you're referring to, but I'm not one of them.

You cannot walk into a $600k high profile job in Manhattan dressed in your finest Banana Republic dibs and a pair of Rockports. If you want to keep your job, make connections, etc, you have to dress and act the part. Maybe a $600k a year job in Texas you can, but not in NYC. You want to keep your job? You better learn to fit in.
 

allisolm

Elite Member
Administrator
Jan 2, 2001
25,303
4,941
136
Yeah because money solves all problems. </sarcasm>

Imagine every move you make being watched. Imagine living in the fear of kidnapping or violence. Imagine people pointing and talking about you everywhere you go. Internet forum clowns criticizing everything you do. Terrible life.

All this for $600k a year? Sounds like a lot to you but it doesn't go very far in real life, especially in NY.

OP, that was a moronic post.

I agree that there was a moronic post, just disagree as to which one it was.

Last year Chelsea and her husband, who just happens to run his own hedge fund, bought a $10+ million, 5,000 sq ft condo in Manhattan, so I really don't think she worries about how far her $600K salary will go.
 
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JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
you can not believe me all you want, does not make it any less true
he has a house in palm springs, one in Beverly hills, one in NYC one outside DC, prob more, but hes here 90% of the time

Ohhhhhhhhhhh, well you conveniently did not add that part in. So he spends 90 percent of his time in a bland apartment, but spends 2.5% of his time each in his 4 lavish houses?

Hard to believe. Very hard.

I've dealt with very wealthy people at my last job (sales position) and they do not bat an eye at money. They are not cheap. Prices do not even phase them.
 

mnewsham

Lifer
Oct 2, 2010
14,539
428
136
Technically you can but you'd wake up one day and say to yourself, "I make $600k and I live in a dumpy apartment in Queens." Which only solidifies my point.

I'm talking about making $600k a year and being content. You'd feel like a moron making $600k and living next to a crack house.

Oh I know the bare minimalist attitude of ATOT. You guys read "The Millionaire Next Door" too many times (which in itself is a misleading book).
I still don't see how $600k is barely doable in Manhattan. A nice 2 bedroom apartment in the financial district will run $7,500-$10,000 a month. BMW 5 series to get around town. Clothing maybe $2k a month. That's what? $15k a month tops. Or less than half of your $600k figure (when split monthly and after taxes). You're full of shit. Even $250k in Manhattan and you'll be living a good life.
 

zerocool84

Lifer
Nov 11, 2004
36,041
472
126
You guys are missing the point entirely. You don't take the bus if you make $600k a year. I would feel like a moron working a high profile job making $600k a year and then having to take the bus. I would feel like I'm getting ripped off knowing I could move to the midwest or south and make $100k, less pressure on my job, and drive a Benz and live in a 5 bedroom new house.

You don't work a high end job and live a low end lifestyle. If you do, you missed the point. If you can claw your way to a $600k a year job and cannot reap any rewards from it, what was the point?

So what you're saying is that someone that makes $600k can't live within their means because they have to be all ballered out? Ahh got ya. So they can't drive a $60k car or they can't live in a $5k/month place, they have to have a $200k car and have to have a $10k/month place because you say so. I finally understand.
 

MongGrel

Lifer
Dec 3, 2013
38,466
3,067
121
I respectfully do not believe you, I'm sorry.

Most billionaires live billionaire lifestyles, despite what the media wants you to believe. Even Warren Buffett lives lavishly.

I live in the same neighborhood as a billionaire, he lives in a $800k condo (inexpensive city) but has a $20m house in CA as well. I consider this thrifty for a billionaire.

I don't really believe 99% of what your posting so we're all even.
 

dn7309

Senior member
Dec 5, 2012
469
0
76
JMapleton, have you ever watch Friends? They live in a two bedroom apt in Manhattan that look like it about 1600 square ft while working at coffee shop
 

SandEagle

Lifer
Aug 4, 2007
16,809
13
0

SP33Demon

Lifer
Jun 22, 2001
27,928
142
106
You sound like one of those college kids that is so eager to look important that you will buy an 8 year old Audi with 127,000 miles on it so you can look cool.

Yup, we have a new alke in the making. Just waiting to hear that this kid bought an old beamer.