tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Aug 26, 2013 11:53:43 GMT -5
...spending their lifes when they know their bills are paid? My life is going on thinking about next payment scheduled. Once in a while I am haviung my bills all paid and I am feeling lost. I am losing my thrill. I am becoming lazy. So yesterday I was watching Devious Mades and kept wondering if I was rich I would get up, get makeup, dressed up and...sit down thinking of what ta heck am I supposed to do Is there is another scenario?
|
|
Deleted
Joined: Oct 7, 2024 2:25:41 GMT -5
Posts: 0
|
Post by Deleted on Aug 26, 2013 12:03:12 GMT -5
Keep buying more things that create more bills that keep you motivated to keep working to buy more things to create more bills.
|
|
Deleted
Joined: Oct 7, 2024 2:25:41 GMT -5
Posts: 0
|
Post by Deleted on Aug 26, 2013 12:20:17 GMT -5
there's no such things as bill never needing to be paid again, unless there's an option to buy infinity months of water/electric/cable/phone service/internet/gas. Rich people have reoccurring bills like the rest of us. In a lot of cases, those bills are higher, so it's not like they're just twiddling their thumbs waiting for the auto-pay to withdraw the money.
|
|
Abby Normal
Senior Member
Joined: Dec 22, 2010 12:31:49 GMT -5
Posts: 3,501
|
Post by Abby Normal on Aug 26, 2013 12:36:41 GMT -5
...spending their lifes when they know their bills are paid?
It is not that their bills are paid, it is that they don't have to stress about paying their bills.
Several years ago, I switched most everything to auto pay out of a separate checking account that is funded through DD. Our spending money and food comes out of a different account. So I never worry about having the money to pay the bills, or if they are paid. And I wouldn't classify myself as rich. But it did take some time to adjust to not obsessing.
|
|
greeniis10
Well-Known Member
Joined: May 9, 2012 12:27:09 GMT -5
Posts: 1,834
|
Post by greeniis10 on Aug 26, 2013 12:39:37 GMT -5
Yes, rich people will always have bills to PAY, but I think Tloonya is referring to not having to worry about the money being there to cover the bills when you're rich. You probably can just put everything (mostly) on auto-pay and forget about it.
If I was in that situation I'd still monitor everything and make sure it was accurate (as in, still paying bills myself and not letting auto-pay take over) but I'd find a MILLION other ways to spend my free time! I wouldn't have any trouble with that part...
I think the women in "Devious Maids" stay home after getting all fancied up for the day so that there's drama or else the show would be boring!
|
|
Rocky Mtn Saver
Junior Associate
Joined: Dec 23, 2010 9:40:57 GMT -5
Posts: 7,461
|
Post by Rocky Mtn Saver on Aug 26, 2013 13:16:45 GMT -5
They buy farms and play at being farmers, just for ta heck of it.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Aug 26, 2013 13:24:20 GMT -5
there's no such things as bill never needing to be paid again, unless there's an option to buy infinity months of water/electric/cable/phone service/internet/gas. Rich people have reoccurring bills like the rest of us. In a lot of cases, those bills are higher, so it's not like they're just twiddling their thumbs waiting for the auto-pay to withdraw the money. ....so you agree that they have nothing toi do except twiddling thumbs? and apparently there IS an autopay according to other posters... So, where do we stand? Whats done after she is all made up and ready to go... Where does she go?
|
|
Deleted
Joined: Oct 7, 2024 2:25:41 GMT -5
Posts: 0
|
Post by Deleted on Aug 26, 2013 13:25:41 GMT -5
there's no such things as bill never needing to be paid again, unless there's an option to buy infinity months of water/electric/cable/phone service/internet/gas. Rich people have reoccurring bills like the rest of us. In a lot of cases, those bills are higher, so it's not like they're just twiddling their thumbs waiting for the auto-pay to withdraw the money. ....so you agree that they have nothing toi do except twiddling thumbs? and apparently there IS an autopay according to other posters... So, where do we stand? Whats done after she is all made up and ready to go... Where does she go? please re-read what I said.
|
|
Sum Dum Gai
Senior Associate
Joined: Aug 15, 2011 15:39:24 GMT -5
Posts: 19,892
|
Post by Sum Dum Gai on Aug 26, 2013 13:33:37 GMT -5
You honestly couldn't think of anything to do with yourself if you weren't working? They join yacht clubs, country clubs, get involved with nonprofits, lunch and shop everyday, etc. They're just like the rest of us, they devote their free time to hobbies, they just have much more expensive and time consuming hobbies.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Aug 26, 2013 13:46:43 GMT -5
You honestly couldn't think of anything to do with yourself if you weren't working? They join yacht clubs, country clubs, get involved with nonprofits, lunch and shop everyday, etc. They're just like the rest of us, they devote their free time to hobbies, they just have much more expensive and time consuming hobbies. I could think (and I had done so) of all of above and more, however I don't see how is it possible to do all of this for years. I was traveling at some point of my life. It got old after a few countries (FRance contributed a lot to my 'enought of this crap')... So I can't see how people travel to the end of life. Lunch and shop? Common! How much can you really shop? And waaaaaaaait a minute...you are taking to a former shopoholic! (Rememebr I was begging for my daughter to let me buy her something else at Bloomingdale's?) So thats got boring in a few... And how many places there are to have those daily lunches without finding your insides on the floor one day? Are there REALLY any gourmet restautants with honest to goodness food? Yes I had my BDay on an awesome yacht but it took edge off and no yacht no more I crave... Expensive time consuming hobbies? Well...I am listening...
|
|
NancysSummerSip
Community Leader
Joined: Dec 19, 2010 19:19:42 GMT -5
Posts: 36,676
Today's Mood: Full of piss and vinegar
Favorite Drink: Anything with ice
|
Post by NancysSummerSip on Aug 26, 2013 13:48:02 GMT -5
....so you agree that they have nothing toi do except twiddling thumbs? and apparently there IS an autopay according to other posters...So, where do we stand? Whats done after she is all made up and ready to go... Where does she go? please re-read what I said. Yup. Brand spanking-new concept. Only problem: you actually have to have enough money in your account for the autopay to work. You will be auto-charged an overdraft if you don't, same as paying any other way. DH and I used it for auto loans and I use it to put money in retirement accounts. And note to MoneyJenny: yanno, it won't get better on the second read, right?
|
|
NancysSummerSip
Community Leader
Joined: Dec 19, 2010 19:19:42 GMT -5
Posts: 36,676
Today's Mood: Full of piss and vinegar
Favorite Drink: Anything with ice
|
Post by NancysSummerSip on Aug 26, 2013 13:49:16 GMT -5
Rukh, you're one of us! Oy vey!!!!!!!!!!!!!!!!!!!!!!!!!!!
|
|
cronewitch
Junior Associate
I identify as a post-menopausal childless cat lady and I vote.
Joined: Dec 20, 2010 21:44:20 GMT -5
Posts: 5,979
|
Post by cronewitch on Aug 26, 2013 13:52:57 GMT -5
I haven't had to worry about bill paying money for 3 decades yet go to work everyday. I live on half what I make and invest the rest.
Now thinking of quitting work but still not worried about money. I will rent from my boyfriend including utilities so one bill a month on auto pay, then just need to pay car insurance twice a year. I will have income of $2,800 and bills of about $850 plus investment income.
I will fish on the river in front of the house, build things in the garage, go shopping, maybe join some clubs, play on line, have dinner parties and house guest and travel if I want to. I might plant a garden or do volunteer work. I will get another boat so we can have boat rides on the river and if I have spare time I might even clean the house or maybe I will need to hire a housekeeper if I am too busy fishing. I think the river has crayfish I will put out some traps to check. Too much spare time and I could try raising chickens or a steer or two, maybe visit the neighbors or have tea parties. I will join the senior center if I find one so go play cards. I might go see my family or have them come visit us. I also need to fix up my old house and sell it.
I will get some rocking chairs for the porch and the fishing platform by the river so I could take up knitting again.
|
|
milee
Senior Associate
Joined: Jan 17, 2012 13:20:00 GMT -5
Posts: 12,344
|
Post by milee on Aug 26, 2013 13:54:21 GMT -5
Yup. Brand spanking-new concept. Only problem: you actually have to have enough money in your account for the autopay to work. You will be auto-charged an overdraft if you don't, same as paying any other way. Those evil banks!!!! You should call them up and yell at them for daring to charge you for such a thing.
|
|
Sum Dum Gai
Senior Associate
Joined: Aug 15, 2011 15:39:24 GMT -5
Posts: 19,892
|
Post by Sum Dum Gai on Aug 26, 2013 13:56:09 GMT -5
I gave you two good expensive time consuming hobbies already; golf and sailing. Either one could keep you busy for a few years. When you get bored switch to something else for a while. Open a women's shelter, or dog rescue place. When that gets boring buy race horses. Then back to golf for a bit. Throw in 6 months of travelling in between. That's at least a decades worth of stuff right there.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Aug 26, 2013 13:56:26 GMT -5
I haven't had to worry about bill paying money for 3 decades yet go to work everyday. I live on half what I make and invest the rest. Now thinking of quitting work but still not worried about money. I will rent from my boyfriend including utilities so one bill a month on auto pay, then just need to pay car insurance twice a year. I will have income of $2,800 and bills of about $850 plus investment income. I will fish on the river in front of the house, build things in the garage, go shopping, maybe join some clubs, play on line, have dinner parties and house guest and travel if I want to. I might plant a garden or do volunteer work. I will get another boat so we can have boat rides on the river and if I have spare time I might even clean the house or maybe I will need to hire a housekeeper if I am too busy fishing. I think the river has crayfish I will put out some traps to check. Too much spare time and I could try raising chickens or a steer or two, maybe visit the neighbors or have tea parties. I will join the senior center if I find one so go play cards. I might go see my family or have them come visit us. I also need to fix up my old house and sell it. I will get some rocking chairs for the porch and the fishing platform by the river so I could take up knitting again. It is so freaking boring! Ok, I could had done each of your activities on the list...once. And then what?
|
|
mmhmm
Administrator
It's a great pity the right of free speech isn't based on the obligation to say something sensible.
Joined: Dec 25, 2010 18:13:34 GMT -5
Posts: 31,770
Today's Mood: Saddened by Events
Location: Memory Lane
Favorite Drink: Water
|
Post by mmhmm on Aug 26, 2013 13:57:25 GMT -5
Some are involved in a number of community organizations. That can take up a great deal of time, as can serving on various boards related to community issues and local businesses. The better known you are the more commitments you're going to have.
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Aug 26, 2013 14:00:14 GMT -5
I gave you two good expensive time consuming hobbies already; golf and sailing. Either one could keep you busy for a few years. When you get bored switch to something else for a while. Open a women's shelter, or dog rescue place. When that gets boring buy race horses. Then back to golf for a bit. Throw in 6 months of travelling in between. That's at least a decades worth of stuff right there. I am out of breath just reading it all! Are you kidding me? Plus I find golf as fun as chess. And sailing...sorry, not interested. Horses? Yuck. Shelter? I would finance it but not actually openin it! Again, just stand by and wait...idk
|
|
tloonya
Junior Associate
What status?
Joined: Dec 18, 2010 16:22:13 GMT -5
Posts: 8,452
|
Post by tloonya on Aug 26, 2013 14:02:13 GMT -5
Some are involved in a number of community organizations. That can take up a great deal of time, as can serving on various boards related to community issues and local businesses. The better known you are the more commitments you're going to have. Sure...where do I sign up? Pffffffff
|
|
milee
Senior Associate
Joined: Jan 17, 2012 13:20:00 GMT -5
Posts: 12,344
|
Post by milee on Aug 26, 2013 14:03:50 GMT -5
For your new rich lady hobby, you should complain loudly about a variety of subjects. From how ridiculous it is that the bank doesn't recognize you, pull you out of the waiting line and give you personal service to how poorly your maid is cleaning your house - everything should be game for vociferous complaint. With this hobby, you'll fit right in down at the yacht club. You won't actually have to sail or anything, you and the other wives can just sit, drink and complain.
|
|
Sum Dum Gai
Senior Associate
Joined: Aug 15, 2011 15:39:24 GMT -5
Posts: 19,892
|
Post by Sum Dum Gai on Aug 26, 2013 14:05:28 GMT -5
You're honestly telling me that if you had a ridiculous amount of money, for this example we'll say $500M, you'd spend all your time sitting at home staring at the wall? Or that you'd keep working as a small business owner because that's the most entertaining thing you can think of doing with half a billion dollars?
|
|
cronewitch
Junior Associate
I identify as a post-menopausal childless cat lady and I vote.
Joined: Dec 20, 2010 21:44:20 GMT -5
Posts: 5,979
|
Post by cronewitch on Aug 26, 2013 14:05:32 GMT -5
People don't need to have exciting lives. Get up when you want and have coffee, make breakfast, do dishes, make lunch, visit with a friend, sit in the shade.
|
|
NancysSummerSip
Community Leader
Joined: Dec 19, 2010 19:19:42 GMT -5
Posts: 36,676
Today's Mood: Full of piss and vinegar
Favorite Drink: Anything with ice
|
Post by NancysSummerSip on Aug 26, 2013 14:08:49 GMT -5
Sheesh, I'd love to be bored. I work two jobs, run, bike and swim (or will begin swimming again early next month). I volunteer, keep a house clean, cook, take care of a yard, write for money, keep my car clean, read, shop for groceries. I don't really have time for hobbies or clothes shopping. How on earth can anyone be bored? You'd have to actually work at being bored.
|
|
Deleted
Joined: Oct 7, 2024 2:25:41 GMT -5
Posts: 0
|
Post by Deleted on Aug 26, 2013 14:09:33 GMT -5
if I didn't have to worry about working, I'd be at the gym at least 4-5 days a week for like 60-90 mins a day, drive to the beach a few times a week (where I'd sit reading a good book or lay napping for a few hours), take long lunches with my other monied girlfriends, make a nice dinner for the fam, and spend end of the day time with DS. Oh crap, if I had DS all day I wouldn't be able to do gym days/beach days/long lunches/etc. ...
|
|
Rocky Mtn Saver
Junior Associate
Joined: Dec 23, 2010 9:40:57 GMT -5
Posts: 7,461
|
Post by Rocky Mtn Saver on Aug 26, 2013 14:45:23 GMT -5
You're honestly telling me that if you had a ridiculous amount of money, for this example we'll say $500M, you'd spend all your time sitting at home staring at the wall? Or that you'd keep working as a small business owner because that's the most entertaining thing you can think of doing with half a billion dollars? Personally, I wouldn't have any problem filling my time if I was among the filthy rich. And if Looney is so unimaginative that there's nothing she'd rather spend her time doing than running a vegetable store, I hope she never comes in to any money.
|
|
NancysSummerSip
Community Leader
Joined: Dec 19, 2010 19:19:42 GMT -5
Posts: 36,676
Today's Mood: Full of piss and vinegar
Favorite Drink: Anything with ice
|
Post by NancysSummerSip on Aug 26, 2013 14:49:51 GMT -5
You're honestly telling me that if you had a ridiculous amount of money, for this example we'll say $500M, you'd spend all your time sitting at home staring at the wall? Or that you'd keep working as a small business owner because that's the most entertaining thing you can think of doing with half a billion dollars? Personally, I wouldn't have any problem filling my time if I was among the filthy rich. And if Looney is so unimaginative that there's nothing she'd rather spend her time doing than running a vegetable store, I hope she never comes in to any money. Aw, you don't mean that, Rocky. If TLoony had money out the wazoo, she could buy all the Amish chicken in Pennsylvania and start her own chicken franchise. The name: Loony's Deep Fried.
|
|
mmhmm
Administrator
It's a great pity the right of free speech isn't based on the obligation to say something sensible.
Joined: Dec 25, 2010 18:13:34 GMT -5
Posts: 31,770
Today's Mood: Saddened by Events
Location: Memory Lane
Favorite Drink: Water
|
Post by mmhmm on Aug 26, 2013 14:52:15 GMT -5
Some are involved in a number of community organizations. That can take up a great deal of time, as can serving on various boards related to community issues and local businesses. The better known you are the more commitments you're going to have. Sure...where do I sign up? Pffffffff You're usually asked, Tloonya. If you put yourself out there, you will be asked if you have something to offer.
|
|
cronewitch
Junior Associate
I identify as a post-menopausal childless cat lady and I vote.
Joined: Dec 20, 2010 21:44:20 GMT -5
Posts: 5,979
|
Post by cronewitch on Aug 26, 2013 15:56:09 GMT -5
Rich doesn't have to mean filthy rich just nicely comfortable. If you have all the things you want like a nice home and decent car you don't need to save for things so just more income than you spend you are rich enough.
If I have a nest egg of a million and my income is 2K a month more than my basic expenses I would be rich but not filty rich. If my investments give me 40K a year I would have over a thousand a week to entertain myself.
I could land a job in a veggie market to stay entertained if having money didn't do it.
|
|
giramomma
Distinguished Associate
Joined: Feb 3, 2011 11:25:27 GMT -5
Posts: 22,140
|
Post by giramomma on Aug 26, 2013 16:08:44 GMT -5
if I didn't have to worry about working, I'd be at the gym at least 4-5 days a week for like 60-90 mins a day, drive to the beach a few times a week (where I'd sit reading a good book or lay napping for a few hours), take long lunches with my other monied girlfriends, make a nice dinner for the fam, and spend end of the day time with DS. Oh crap, if I had DS all day I wouldn't be able to do gym days/beach days/long lunches/etc. ... At our school, the SAHMs with wealth also have nannies.. One summer, I filled in for the regular nanny for a wealthy family. The regular nanny worked M-Sat and had Sunday off. I worked Sunday. The parents maybe spent an hour or two a day with the kids on Sundays, and then proceeded to tell me how hard it was raising their three kids.
|
|
midjd
Administrator
Your Money Admin
Joined: Dec 18, 2010 14:09:23 GMT -5
Posts: 17,720
|
Post by midjd on Aug 26, 2013 18:09:18 GMT -5
I'm not rich, and I'll have to work for a living for the next 25+ years - but I do remember thinking, during my poor days, how nice it would be to earn a good salary (say $100K/year) and never have to worry about money. The freedom! But I probably spend more time worrying about money now that I have a bit than I ever did while living paycheck to paycheck. It's kind of funny.
I'd imagine someone with a large net worth that wasn't controlled by some intergenerational trust would spend a lot of time just managing their finances (and shooing away everyone who wanted a piece).
|
|