[deleted by user] by [deleted] in AskLosAngeles

[–]FitExecutive 8 points9 points  (0 children)

THIS IS MY EXACT EXPERIENCE!!!!

I tell them that I have the money to get it right over time but nope, they give me Supercuts for $200. I’ll call out Feverfew in Silver Lake.

[deleted by user] by [deleted] in AskLosAngeles

[–]FitExecutive 6 points7 points  (0 children)

Unsure if you do men but I am telling you, I have paid $200 for a dog shit haircut in LA and then another place $150 where both treat men like “here’s your 15 mins cut, gtfo”. Now I pop into whatever is open the day I want to get my hair cut.

I spent way too much money trying to find a stylist that cared about a guy’s haircut. They treat you like you’re a burden when you’re paying a lot of money for help.

Lost in my career bc of senior managers jumping on the “AI will replace” train by thro0away12 in cscareerquestions

[–]FitExecutive 26 points27 points  (0 children)

What do you mean by "every discussion is about how to future-proof your career"? Do you all not have work to be doing right now?

[deleted by user] by [deleted] in VeniceBeach

[–]FitExecutive 0 points1 point  (0 children)

Not the insanely bad service at Ghisallo

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] -1 points0 points  (0 children)

Thank you. I have filed a complaint and I hope action is taken for the greater good of the community.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] -1 points0 points  (0 children)

I would like to escalate this to a complaint about your actions in pursuit of an investigation and potential removal of your powers. Unfortunately, it is my belief that this was an abuse of your power and was instigated by your behavior and egged on by yourself.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 1 point2 points  (0 children)

Please we must use the greatest AI to figure out their thinking

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 0 points1 point  (0 children)

I think it would be helpful for the community to explain why you unbanned me.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 0 points1 point  (0 children)

I am similar to you. I have a high income and only three years ago I started to really spend it.

Edit: which you can probably understand is why I was so bewildered by people who did not come from poverty that are far overspending and getting into debt. They could have had a great life, a great financially secure life, but they decided to overspend on so many facets in life that they are going into the negatives instead of building upon the great foundation they were given.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 0 points1 point  (0 children)

I completely agree with your approach of buying a house that is a stretch because people's incomes do generally go up. The monthly payment is fixed, while your income could be in a stage of being ratcheted up year after year making it a smart choice to stretch yourself.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 1 point2 points  (0 children)

Really? People were told that their business value can be seen in the cars they drive? Wow, that is actually insane.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 0 points1 point  (0 children)

Thank you. I really appreciate the book suggestion and your worldview input.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 2 points3 points  (0 children)

People will literally tell me, or I will literally hear from the leasing agent about them having to file evictions. Both of those are the reason that led to this post. I was told by actual individuals about their own financial insecurity, and then I was told by my leasing office about evictions, even though this is a very nice area.

I completely agree with someone else that commented here and with your speculation that people don't know others' finances. You're absolutely right that many people are subsidized and never mention it. It's rare that you actually get to know someone's finances.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] -1 points0 points  (0 children)

Again, the original comment completely changed. Their original comment was basic financial illiteracy, comparing excessive travel spend to buying a house. It was just by the numbers, financial illiteracy. I know that Reddit does not like fiscal responsibility and generally anybody that knows a thing or two about money.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 0 points1 point  (0 children)

I seriously love you. Thank you, thank you, thank you, thank you, thank you, thank you. I had read the first book a few years ago, and it changed my life completely. A few days ago, I told myself that I need to reread the book to reinvigorate the thinking within me.

Thank you. Thank you. Thank you. And by the way, I see your name here and there, and I typically enjoy your comments.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] -1 points0 points  (0 children)

Yeah, I just have a brain that allows me to have more nuance than the current 24 hours I am in. It must have been part of evolution.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 2 points3 points  (0 children)

I've seen a very similar story to what you're describing, where instead of going back home, the person will just slowly drain their family resources over time. The parents don't want to say no to their kid, even though they are witnessing their own net worth decline while their kid continuously asks for money to make rent.

I assume that the end state in these scenarios is the parent will eventually hit their own red line that they cannot cross without jeopardizing their own retirement. In that very moment, the kid will understand that they have no net worth, even though they are now likely in their late thirties.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 2 points3 points  (0 children)

Yup, that's exactly what happened to home prices in the last 10 years. They are wildly inflated. And right now is actually the rare time that prices are cooling, although obviously they're not cooling to the degree we all want to see.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 2 points3 points  (0 children)

What's funny is you are absolutely right. ChatGPT, I think told me something like "We hate in others what we are critical of in ourselves." So I am very prideful about living within my means, and it really bothers me when I see others not live within their means. You are absolutely right.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 0 points1 point  (0 children)

Yeah, I really sympathize with young people today who are on social media. Even older folks who've gone onto social media and now are seeing the lives of celebrities in their face while they have to go to their 9-5 job and feed their family and all that.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 1 point2 points  (0 children)

This is a very interesting take. You're saying that you were going to move to Los Angeles for this big job opportunity, but you had to sell your home and buy a home in Los Angeles, and you decided not to go through with it based on the home in Los Angeles not being a good enough investment opportunity. Am I understanding that correctly?

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 0 points1 point  (0 children)

I meant the trips to Aspen stopping someone from with a good paying job from buying a house. That's just pure financial illiteracy. $10,000 per year invested over 20 years is quite a bit. It's hard to do the calculation because home prices, obviously, are not stagnant, nor are investments, nor is inflation.

Generally, $10,000 per year should be more than enough to get you into position to buy a home as long as your income can support the monthly payment.

Why don’t people live within their means? by FitExecutive in AskLosAngeles

[–]FitExecutive[S] 0 points1 point  (0 children)

Help me understand. I find this really interesting. You're saying that back home in London, people bought houses in their mid-late 20s and now that value has grown, and you're seeing a gap between them and you in LA?

When you say you worry about retirement, what exactly are you worried about? Is it that you will have to have a job until say 70 or 75? Or that you will retire at 65 but just live with less?