poor j. smith

[TripleA]

He was misquoted look at the press conference he said it was tough to be away from his family. How about you look at the source before you attack a dude.

[JimmyMcAdocious]

I guess you can live off 20k without a family, but you better not have a girl (unless she's your sugar mama) and you're in deep shit if something happens like your car breaking down.

[kennethgriffin]

Seriously. $100k is barely scraping by where I live. You surely aren't doing whatever you want unless that means living in a modest dwelling, driving a used car and eating what's on sale at the grocery store.

It's not near poverty but it's below average and not enough to even roll middle class.

you can rent a nice house for 2000 a month ( 24,000/year )

lease a really nice car for 500 a month ( 6,000/year )

spend 500$ on groceries a month ( 6,000/year )

spend 130$ on car insurance a month ( 1,560/year )

spend 500$ on clothes a month ( 6,000/year )

spend 150$ on cable/internet a month ( 1,800/year )

spend 300$ on alcohol a month ( 3,600/year )

spend 500$ on entertainment a month/movies/games etc.. ( 6,000/year )

spend 1000$ on escorts a month ( 12,000/year )

spend 500$ on strippers a month ( 6,000/year )


thats 66,960$ total

and you still have 33K to buy some dumbass shit for your family or invest



you'd have to be a god damn f*ggot not to be able to live comfortably on 100k a year

[Rake2204]

He was misquoted look at the press conference he said it was tough to be away from his family. How about you look at the source before you attack a dude.

I was totally ready to counter your take but listening to the press conference over again, with your perspective, I think that could hold weight, particularly since the sentence prior was "It wasn't about the money because of the Detroit situation."

I'm not sure if that's considered a misquote or not, or simply a poor conveyance of thought and subsequent misunderstanding. Then again, there wasn't much supporting speech alluding to uprooting, moving, or leaving his family, so it's tough to say with certainty either way.

[bigkingsfan]

you can rent a nice house for 2000 a month ( 24,000/year )

lease a really nice car for 500 a month ( 6,000/year )

spend 500$ on groceries a month ( 6,000/year )

spend 130$ on car insurance a month ( 1,560/year )

spend 500$ on clothes a month ( 6,000/year )

spend 150$ on cable/internet a month ( 1,800/year )

spend 300$ on alcohol a month ( 3,600/year )

spend 500$ on entertainment a month/movies/games etc.. ( 6,000/year )

spend 1000$ on escorts a month ( 12,000/year )

spend 500$ on strippers a month ( 6,000/year )


thats 66,960$ total

and you still have 33K to buy some dumbass shit for your family or invest



you'd have to be a god damn f*ggot not to be able to live comfortably on 100k a year

IRS / State taxes

- 30 to 40 k

[kennethgriffin]

I guess you can live off 20k without a family, but you better not have a girl (unless she's your sugar mama) and you're in deep shit if something happens like your car breaking down.

anyone can stretch 20k and even have 5 b*tches on the side


bare minimum costs


room mate rental, shared living house = 600$/month ( 7,200/year )

all included rental internet = 0$ /month

streaming sites for tv = 0$ / month

wifi phone app = 0$ / month

130$ a month car insurance ( 1,560/year )

don't drink alcohol unless with women

don't do drugs unless with women

300$ a month on food ( 3,600/year )

wear new clothes only on dates 300$/month ( 3,600/month )





thats basically 16,000 a year

4,000$ left over


83.33$ for every weekend to drug women or get them drunk beyond repair for cosby rape


easy peasy

[kennethgriffin]

IRS / State taxes

- 30 to 40 k

24% up here

off of 33k left over youre still looking at 9 grand left over even after living like a king

[Richie2k6]

It's all relative you idiots. He went from making 15m to just over 5m. 2/3 of his pay check was removed. It doesn't matter how much you're making, losing 2/3 of it hurts. He had a lifestyle that he lived with certain expectations and standards that he and his family were used to and he was used to providing. Now he has to downgrade. Don't take his words out of context - he never said "I dunno what I'm gonna do, my family has to eat". He did't Sprewell it. All he said is it'll be a bit of a struggle but he'll push through it. Go from working your ass off for years and building up to earning a salary of 90k a year only to be told by your next employer "welcome aboard, but over here we'll pay you 30k" and tell me you won't have to push through it. Sure he's not living in poverty and millions upon millions have it WAY worse, but guess what, he worked to build that income and a MASSIVE chunk of it was taken away. You don't adjust overnight. It's easy to say "5.4m is a lot of money, stop complaining" when your salary is 50k. It's not easy to say that when you salary WAS 15m.

[Clifton]

$100k is barely scraping by where I live.

The more money you have, the more it gets away from you.

I grew up an only child and my dad made $110k/yr. And we never had much of a buffer. Stuff always happens when you have money:

-First of all, if that's your income bracket, your cost of living is probably higher, both because that's the lifestyle proper to your position, and because you probably have to live in a more expensive area.

-Then income and personal property tax is huge.

-You tweak your knee, now you're paying for rehab instead of walking around with a slight limp the rest of your life

-A tree falls in your yard and nobody's around to hear it, does it make a sound? Dunno but it costs about $5-10k to remove and repair all the damage.

-Your car breaks down, $2000 to fix. Car breaks down again - time to buy a new car, because your life depends on having a reliable car because you work a high pressure job 40 minutes away in the city. You buy a new car because you don't want to deal with used car dealers and want a good warranty and a reliable car. $20-30,000, gone, poof.

-Oh, and needless to say, your wife has a car, and so does your son, and you might also have a truck or utility vehicle, you might also have an old Mustang you tool around with, you might also have a boat. All these require insurance as well.

-You work 40 hour weeks, spend another 10 hours a week driving, so you want to make the most of your 2 weeks vacation in the summer. That means a $5-10,000 vacation at least, because you need a good hotel, you don't want to have to cook, etc.

-And for that matter, you probably had to move to get this job, so you're far away from family. That means you're taking at least 2 plane trips a year to visit family, for Christmas and one other time. 500-1000 per person per flight.

-Oh and there's probably a wedding for someone you know, so that's another flight.

And on and on and on. We never really had money. This is largely because my parents were stupid with money. I know that. But most people are. You really need an education, or else the money goes in one end, out the other. That's how the American system works, and it's a select few who game it to their own advantage.

[midatlantic09]

Don't worry guys, your net worth's will likely be higher than his within the next 15 years as I have a strong feeling he'll be flat broke by then.

Get ready for an Antoine Walker situation all over again.

[midatlantic09]

you can rent a nice house for 2000 a month ( 24,000/year )

lease a really nice car for 500 a month ( 6,000/year )

spend 500$ on groceries a month ( 6,000/year )

spend 130$ on car insurance a month ( 1,560/year )

spend 500$ on clothes a month ( 6,000/year )

spend 150$ on cable/internet a month ( 1,800/year )

spend 300$ on alcohol a month ( 3,600/year )

spend 500$ on entertainment a month/movies/games etc.. ( 6,000/year )

spend 1000$ on escorts a month ( 12,000/year )

spend 500$ on strippers a month ( 6,000/year )


thats 66,960$ total

and you still have 33K to buy some dumbass shit for your family or invest



you'd have to be a god damn f*ggot not to be able to live comfortably on 100k a year

Yea, wouldn't it be nice to skip out on taxes...

[redboy]

the problem with this thread is that the relative cost of living is so different in different parts of the world to determine exactly how much you need to survive/thrive

[el gringos]

Yea, wouldn't it be nice to skip out on taxes...

Why would you pay taxes in fantasy land? You're already feeding a family on 500 a month plus you have all that cusion to buy them all that dumbass shit they want.

[LAZERUSS]

It will be tough on 7 mil a year, but with free cheese and food stamps, I think he and his family can survive.

Of course Sprewell wound up with the last laugh. He claimed he couldn't feed his family on 14 mil a year...and sure enough...he went broke.

[avonbarksdale]

god some NBA players are so entitled..

"at the end of the day I have a family"

say that to the millions of families in ACTUAL poverty

well none of those families have the talent that josh smith does to make millions per year