How much money is sufficient for you?

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Discussion Overview

The discussion revolves around the varying amounts of money individuals believe are necessary to live comfortably or luxuriously, with a focus on personal experiences and regional cost differences. Participants share their perspectives on income requirements based on family size, lifestyle choices, and geographical location.

Discussion Character

  • Debate/contested
  • Conceptual clarification
  • Exploratory

Main Points Raised

  • Some participants suggest that a monthly income of $10,000 is necessary for a luxurious lifestyle, while others argue that significantly less can suffice depending on personal circumstances and location.
  • One participant mentions managing on $14,000 a year during graduate school, indicating that lifestyle choices can greatly affect perceived sufficiency.
  • Another participant reflects on the impact of family size on financial needs, noting that expenses can increase with more dependents.
  • Several participants highlight the variability of living costs across different regions, with some stating that what is considered a comfortable income in one area may be inadequate in another.
  • One participant raises concerns about the tendency for expenses to inflate with income, suggesting that comfort levels adjust based on earnings.
  • There is a mention of the average debt levels in the U.S. and a discussion about societal pressures to maintain certain lifestyles, which may lead to financial strain.

Areas of Agreement / Disagreement

Participants express a range of opinions on what constitutes a sufficient income, with no clear consensus. Some agree that living costs vary widely by location, while others emphasize personal choices and family dynamics as significant factors in determining financial needs.

Contextual Notes

Participants' claims are influenced by personal experiences, regional economic conditions, and individual lifestyle choices. The discussion reflects a variety of assumptions about income sufficiency and the relationship between earnings and expenses.

  • #181
which is the most EVIL city? LA?
 
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  • #182
Saint said:
which is the most EVIL city? LA?

Miami has a higher murder rate. LA really isn't that bad a place for the most part (at least not compared with many other places around the world). The areas more inland, off the coast get worse and worse as you go, but overall its not that bad. Expensive though.

You have some odd misconceptions about the US, or a very idiosyncratic sense of humour. I like it.
 
  • #183
Smurf said:
Don't let gokul scare you away from snow, snow's great, I spend all year waiting for more snow :-p .

In Calgary Canada, it snowed a few days ago, and now side walks have turned to ice, making it extremely difficult to walk. Snow can be fun if it isn't around for a long time and if the weather isn't extremely cold. :smile: lol.
 
  • #184
Saint, I have to say I am surprised you want to move to the US, seeing as you havn't exactly spoken well of it in the past. Might I ask why you want to immigrate?
 
  • #185
Smurf said:
Saint, I have to say I am surprised you want to move to the US, seeing as you havn't exactly spoken well of it in the past. Might I ask why you want to immigrate?


I think US is a country that has better freedom/liberty than malaysia, human's right is more respected, and less racial discrimination.
 
  • #186
Saint said:
which is the most EVIL city? LA?
I think Las Vegas would upset you the most. Lots of in-your-face porn and prostitution. We keep it (a little) more discreet in L.A.
 
  • #187
Saint said:
I think US is a country that has better freedom/liberty than malaysia, human's right is more respected, and less racial discrimination.

Phew...I thought you wanted to move because the cars are cheaper !
 
  • #188
chroot said:
Roughly $15,000.
$15,000 for a Honda Accord? Maybe a Honda Civic. Honda Accord will run over 20 grand.
 
  • #189
Evo said:
To be able to do something you want do do, are passionate about, enjoy, what greater reward is there than that?

I would rather have that than tons of money.


But to have lots of money is to be able to do what you love to do with no boundaries... or that's how I feel. Of course I would like to say that money is nothing compared to all my dreams and aspirations, but in this life, to achieve my dreams and aspirations, I'll need a whole #$@# load =D.

Aaaannd... I have absolutely no idea what this thread is about, I am just randomly posting.
 
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  • #190
Mmm to put a price on what I need right now... 50G's to pay for my student loans :mad: + $5 for a McDeal meal
 
  • #191
All I want is a room somewhere, far away from the cold night air, with one enormous chair - oh, wouldn't it be loverly! (oh, yeah - and one more thing - I want to have 30 cats, 17 birds, and 15 dogs).
 
  • #192
Dagenais said:
A lot of Chinese kids are spoiled. I've talked to quite a few kids that moved from Hong Kong. There parents will just buy them a new Porsche Boxster or BMW just like that. If you think that's not possible, head to Richmond, British Columbia. It's a city full of people from Hong Kong, and you'll definitely spot a 16-20 year old driving in a Lexus, BMW, Benz etc. I doubt Chinese kids spend as much money on clothing or food as American kids do though. They are rarely ever pressured into getting jobs early. Of course, I'm talking about Chinese kids in Canada, the only ones I've talked to.

I used to goto DeVry with a transfer student straight from Hong Kong. He had loads of money, his parents were paying for his tuition at DeVry which is roughly 15K CDN per year, not including expenses such as rent, food, etc. All the ETCETERAs would roughly be an additional 10K. I wondered how his parents could afford all this. I can say at that point in time I believed that his family had some hidden "family jewels" that was the source of his income, but I was completely wrong. His parents worked 28 hours / 8 days a week (exaggeration) doing small jobs like cleaning houses, schools, and you get the idea. They sent him to Canada to get a degree so that he could help them out.

From what I've seen, we asian kids just do not run off in our fancy car, but on the contrary we help our families, our parents, until their time has come to pass. Our parents invest in us so that we give back to them 2-fold. But, of course, there are always exceptions. Asians in BC would be one, but please, BC is not nearly the size of the United States.
 
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  • #193
How many rich white boys is there?

Think about that.

You guys are pointing fingers at asians because your jealous. It's no wonder you guys voted for Harper the Plastic Face. Harper is a Asian/Immigrant hater too, and you both agree on something.

What's wrong with you people?
 
  • #194
I'm asian buddy, and I was more on the disagreement side of asian's being spoiled.

If you take a trip east of BC, and hit Calgary or Edmonton, the majority of the upper class population is all caucasian.
 
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  • #195
Your Asian, eh? :rolleyes:

...still jealous.
 
  • #196
I used to goto DeVry with a transfer student straight from Hong Kong. He had loads of money, his parents were paying for his tuition at DeVry which is roughly 15K CDN per year, not including expenses such as rent, food, etc. All the ETCETERAs would roughly be an additional 10K. I wondered how his parents could afford all this. I can say at that point in time I believed that his family had some hidden "family jewels" that was the source of his income, but I was completely wrong. His parents worked 28 hours / 8 days a week (exaggeration) doing small jobs like cleaning houses, schools, and you get the idea. They sent him to Canada to get a degree so that he could help them out.

From what I've seen, we asian kids just do not run off in our fancy car, but on the contrary we help our families, our parents, until their time has come to pass. Our parents invest in us so that we give back to them 2-fold. But, of course, there are always exceptions. Asians in BC would be one, but please, BC is not nearly the size of the United States.

I see the opposite in British Columbia. The kids there still help out their parents (family loyalty is a tradition). But odd jobs? Most of the kids' fathers are lawyers, doctors, executives of large companies or hard-working businessmen. A lot of parents are still in HK holding high-paid jobs.

B.C. isn't really the exception. There is a strong population of wealthy immigrants from Hong Kong in Toronto, Ontario too.


If you take a trip east of BC, and hit Calgary or Edmonton, the majority of the upper class population is all caucasian.

In Richmond, Burnaby, Vancouver, Coquitlam, Surrey (major cities in British Columbia), the majority of mini-mansions, custom built houses and fancy cars are owned by Asians. Head to Westwood, one of the richest neighborhoods in the province. The houses are huge. The majority of people who live there are of Asian descent.

Maybe you're right about Alberta, but not in British Columbia.

You guys are pointing fingers at asians because your jealous. It's no wonder you guys voted for Harper the Plastic Face. Harper is a Asian/Immigrant hater too, and you both agree on something.

I live in Quebec currently. But I lived in British Columbia for many years. I would never vote Harper. I don't think he's that bad though, he just made a stupid comment after losing an election.

I vote Liberal.
 
  • #197
Probably the north-central part, but then you have to deal with the freezing cold and meters of snow.

Pfffff! You Americans can't know the meaning of "cold." I live in Montreal, we have outdoor hockey rinks! Don't even walk outside without a toque (yes, "http://www.webster.com/cgi-bin/dictionary?book=Dictionary&va=tuque, not "beanie" like the Americans call it!) and snow shoes!

In Montreal, we have "damn cold". You walk outside and instantly you say, "Damn! It's cold!"
 
  • #198
Dagenais said:
Pfffff! You Americans can't know the meaning of "cold." I live in Montreal, we have outdoor hockey rinks! Don't even walk outside without a toque (yes, "http://www.webster.com/cgi-bin/dictionary?book=Dictionary&va=tuque, not "beanie" like the Americans call it!) and snow shoes!

In Montreal, we have "damn cold". You walk outside and instantly you say, "Damn! It's cold!"

I grew in Manitoba, you want cold, Manitoba is cold. We've reached record lows so many years in a row. Negative 50 and lower (celsius) which makes me kind of glad I moved to Calgary. Winter here is like... wait.. what winter?
 

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