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Originally Posted by phogirl69
I tend to agree. Maybe I have cheap mentality but I just don't think it's very smart to spend that much on food even if you have a lot of money. I am thrifty by nature. I am also of the belief that "new money" doesn't know how to manage money as well as "old money".
Even if you are insanely rich if you manage money well you can have it last several generations instead of spending ... Lots of rich celebs are in bankruptcy because they don't know how to manage $$$ such as Toni Braxton, Mc Hammer....
Buying $100 meals is not gonna put anyone in the poorhouse, but it could be a sign of bad money managing, not knowing how to manage money wisely???
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what's the problem in spending $70 daily for food
let's say he makes $50k per month ( I think he even does more, but it doesnt matter, just an example ) and spends $2k per month on food - that's 1/25 of his monthly income
and then let's say you make $5k per month and spend $500 per month on food, now that's already 1/10 of your monthly earnings
I'd rather be him in that case :D