Collarchat.com

Join Our Community
Collarchat.com

Home  Login  Search 

RE: Money.


View related threads: (in this forum | in all forums)

Logged in as: Guest
 
All Forums >> [Community Discussions] >> General BDSM Discussion >> RE: Money. Page: <<   < prev  2 3 4 [5] 6   next >   >>
Login
Message << Older Topic   Newer Topic >>
RE: Money. - 7/9/2006 6:54:40 AM   
juliaoceania


Posts: 21383
Joined: 4/19/2006
From: Somewhere Over the Rainbow
Status: offline
quote:

ORIGINAL: Padriag

quote:

ORIGINAL: SusanofO

I also think that many men (least the ones I know, then again, I was born in 1960) were raised to be "the Providers" and I must say if they were raised that way, and indeed consider it a point of pride to be able to do that, they might want some reassurance every now and then that thier money is not the only thing a girl could be loking for when they look at them. Well - it's Not.

That's a very good point Susan.  There are a lot of guys who are good providers, and while yes, they want a little credit for that achievement, they also want to be valued for more than just their bank balance.  Its nice to know there are some ladies out there who do care about more than just money.

But conversely, as difficult as it can be to find a compatible partner, I think it is also very much a temptation for those with the means, to sometimes want to just "buy" a partner out of frustration.  And despite bombastic remarks, that doesn't mean they don't have a personality or social skills, etc.  We live in an age when even super models can't get dates.  Dating has never been so complicated or difficult as it seems to be today, and the rising number of match making services is testament to that unfortunate truth.

What I find interesting in all these discussions of money is that none of them talk about the costs of healthcare for dominants, submissives or families.  Or which insurance companies are more "kink" friendly (if there are any).  Or how exactly to go about building good credit if you don't have it.  If, as another recent thread suggests, most of you are broke... how to go about changing that.  We either don't discuss the importance of financial responsibility or we down play it.  I've seen submissives claim they'd still respect their dominant if they ended up living in a cardboard box.  Yet I can't help but wonder if that would remain true if put to the test, considering financial stress is the leading cause of divorce in the US.  Money does matter, doesn't mean you have to have gobs of it, but it is good to have the bills paid, be able to buy groceries, etc.

As with so many other recent threads, it seems the focus is always on the dramatic, while the practical questions seem to go ignored. 


Ive practically lived in a cardboard box at times, it aint so bad.

< Message edited by juliaoceania -- 7/9/2006 6:55:59 AM >


_____________________________

Once you label me, you negate me ~ Soren Kierkegaard

Reality has a well known Liberal Bias ~ Stephen Colbert

Great minds discuss ideas; Average minds discuss events; Small minds discuss people. Eleanor Roosevelt

(in reply to Padriag)
Profile   Post #: 81
RE: Money. - 7/9/2006 7:01:15 AM   
CrappyDom


Posts: 1883
Joined: 4/11/2006
From: Sacramento
Status: offline
A significant factor in the vapid rise in real estate are the interest only loans that allow people to buy more house for the money.  Well, when there is more money chasing the same amount of houses, you have the basic recipe for inflation and it drove the cost of houses through the roof.  I sold a tiny 850sf house in Sacramento's urban core for $325k, a house that six years earlier was worth only 80k.  When the economy adjusts for all the bullshit of the last 8 years, there are going to be some horrendous economic costs and people with the wrong kind of debt are going to be seriously fucked.

(in reply to Sinergy)
Profile   Post #: 82
RE: Money. - 7/9/2006 7:08:20 AM   
juliaoceania


Posts: 21383
Joined: 4/19/2006
From: Somewhere Over the Rainbow
Status: offline
But some kinds of debt are not going to be so bad... because if inflation rises then the amount of your debt decreases with inflation. So the 25k homeloan you took out to put your kid through college is going to be worth less than it was when you first took it out, but that is only applicable for those planning to remain in their homes and if inflation rises sharply

_____________________________

Once you label me, you negate me ~ Soren Kierkegaard

Reality has a well known Liberal Bias ~ Stephen Colbert

Great minds discuss ideas; Average minds discuss events; Small minds discuss people. Eleanor Roosevelt

(in reply to CrappyDom)
Profile   Post #: 83
RE: Money. - 7/9/2006 7:12:52 AM   
Caretakr


Posts: 1221
Joined: 6/24/2006
Status: offline
quote:

ORIGINAL: CrappyDom

A significant factor in the vapid rise in real estate are the interest only loans that allow people to buy more house for the money.  Well, when there is more money chasing the same amount of houses, you have the basic recipe for inflation and it drove the cost of houses through the roof.  I sold a tiny 850sf house in Sacramento's urban core for $325k, a house that six years earlier was worth only 80k.  When the economy adjusts for all the bullshit of the last 8 years, there are going to be some horrendous economic costs and people with the wrong kind of debt are going to be seriously fucked.


I'm waiting for a serious break in the housing market in the next three years. All it's going to take is another short recession, and layoffs. And once the forecloures start to flood the market, housing values are going to tumble. Most people these days have no cash reserves, unemployment won't pay a mortgage.

It's my understanding that a vast percentage of people live about two paychecks away from destituion.

< Message edited by Caretakr -- 7/9/2006 7:14:45 AM >

(in reply to CrappyDom)
Profile   Post #: 84
RE: Money. - 7/9/2006 7:26:10 AM   
CrappyDom


Posts: 1883
Joined: 4/11/2006
From: Sacramento
Status: offline
Julia,

The US economy has become rather literally a house of cards.  Much of it is based on money borrowed against the value of houses that are overvalued.  When people who are deep in debt can no longer borrow, they can't spend, which will prevent your employer from making enough money to keep paying you.  When people start losing jobs and are in debt, the Republicans, if they are still in control will start discussing debtor prisons...

They fucked America under raygun, they strip mined the S&Ls, the banks, and the pensions.  The S&Ls went bankrupt but they saved the banks by allowing them to charge higher credit card rates and that massive infusion of money saved off a banking crisis.  The pensions are now starting to implode.  They get richer, we get poorer and more fucked.

(in reply to Caretakr)
Profile   Post #: 85
RE: Money. - 7/9/2006 7:33:41 AM   
Caretakr


Posts: 1221
Joined: 6/24/2006
Status: offline
That's pretty much it, it really is a bubble. And values will plummet, but payments will not. Which means that people are pissing money down a rat hole-most won't even get thier equity back.

(in reply to CrappyDom)
Profile   Post #: 86
RE: Money. - 7/9/2006 7:39:13 AM   
Calgarydom4u


Posts: 1
Joined: 7/2/2005
Status: offline
If you want to retire finacially independent Read on
Actually what just about every one misses is the whole financial area.  If one looks at basically the 3 different aspects of money you will see why the banks and insurance companies and such make their record profits.
1) Life Insurance - Most agents will push Cash value insurance like whole life or universal life *BAD CHOICE* it is very expensive and makes the insurance co. very rich.  Many Many articles, books, shows like Market Place, Suzie Orman etc all say the same thing.
An example for Whole life insurance, the cash value portion that builds up over time, what they DO NOT TELL you is that if you die, 
THE cash value portion they keep it.  Now it is your money, so if you do not die you can actually take the money out, however then your life insurance policy will be cancelled.  So its an either or situation.

There is much more also, when dealing with their so called Cash value insurance where they say its a great investment vehicle.  It does very poorly and will keep you from acheiving finacial success.
If you have a universal life policy take a look at how many years you have of $0.  What one does not realize is that if you extend that amount you are putting in and getting $0 credited to you account will cost you many many thousands or tens of thousands in the future due to compounding interest over time.
Take a look at the Guarantee portion of what they will pay you, not the illustrations.

2) investment - most people go to the banks with their GIC's and think that 3% or what ever is good.  What one should be doing is investing in mutual funds where its professionally monitored and the average rate of return over time is between 8-12%.  All the banks do with your money is take it give you the 3% and then invest it in the market and keep the difference.  A good example is last year there were record profits in the market.  * please note that you have to be careful which funds to get into, match the fund to match your investment personality*

To get an idea how much you are losing use the rule of 72.

Just divide what ever interest you are getting into 72 and then you will find out the appoximate time that it will take your money to double.
Eg take $10,000
If you get from the bank 3% you divide it into 72 it goes 24 times thus it will take 24 years to double, so in 48 years you will of saved $40,000
now take 6% it goes into 72, twelve times so thus your money doubles every 12 years and after 48 years you will have $160,000.
Now take 12% it goes into 72 six times thus doubles every six years, after 48 years you will have $2,560,000
NOW you know WHY the banks can guarantee you your 3%.

There is much more, it just upsets me to see us aveage people taken advantage of.
Best wishes to all

(in reply to Caretakr)
Profile   Post #: 87
RE: Money. - 7/9/2006 8:25:58 AM   
Level


Posts: 25145
Joined: 3/3/2006
Status: offline
quote:

ORIGINAL: CrappyDom

A significant factor in the vapid rise in real estate are the interest only loans that allow people to buy more house for the money.  Well, when there is more money chasing the same amount of houses, you have the basic recipe for inflation and it drove the cost of houses through the roof.  I sold a tiny 850sf house in Sacramento's urban core for $325k, a house that six years earlier was worth only 80k.  When the economy adjusts for all the bullshit of the last 8 years, there are going to be some horrendous economic costs and people with the wrong kind of debt are going to be seriously fucked.


Do any of you ever see the housing costs going down some? Is that part of the adjustment?
 
I know housing here has risen quite a bit since the hurricane; but still, compared to the Californias and New Yorks, it's on the low end of things. You can buy a plush 5,000 square foot home on half an acre of land, with good schools, for $250 grand.
 
 

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

(in reply to CrappyDom)
Profile   Post #: 88
RE: Money. - 7/9/2006 8:27:38 AM   
Caretakr


Posts: 1221
Joined: 6/24/2006
Status: offline
And that same house was 60 grand 20 years ago,the inflation is ridiculous.

(in reply to Level)
Profile   Post #: 89
RE: Money. - 7/9/2006 9:21:09 AM   
juliaoceania


Posts: 21383
Joined: 4/19/2006
From: Somewhere Over the Rainbow
Status: offline
Well Crappy you know as a liberal minded cretin that I am (tongue in cheek) I echo your sentiments. As far as the debtor's prisons go, perhaps we should all look for a career as correctional officers? They need someone to babysit us indebted peeps, right?

I remember the rumors I have heard about FEMA camps being built (grabs tinfoil hat), let's hope they really didn't build them (also tongue in cheek).

This is why I tried never to buy things on credit and I have been fairly successful except in regard to student loan debt, which I only carry a couple  thousand bucks in... other than that I am debt free. I guess I am one of the fortunate ones, but I have no toys to speak of either...smiles.

I try very hard not to make economic projections about the USA economy only because fiat currency like we have means that any other country that has pegged their soveriegn currency to the dollar is going to be in deep doo doo if the USA goes belly up, which appears to be a possibility if certain powers that be want to call our loans due and privatize everything in the USA.. it could happen. The dirty pool multinationals like Haliburton and Root and Brown have been playing, along with the military industrial complex all over the world may just come home to roost with the people that have paid for it all... Americans.... We as a people didn't profit from it, but we will pay for it.

_____________________________

Once you label me, you negate me ~ Soren Kierkegaard

Reality has a well known Liberal Bias ~ Stephen Colbert

Great minds discuss ideas; Average minds discuss events; Small minds discuss people. Eleanor Roosevelt

(in reply to CrappyDom)
Profile   Post #: 90
RE: Money. - 7/9/2006 9:44:30 AM   
Level


Posts: 25145
Joined: 3/3/2006
Status: offline
quote:

ORIGINAL: Caretakr

And that same house was 60 grand 20 years ago,the inflation is ridiculous.


You're right, Caretaker; inflation is something I'm starting to study, from what I know, it seems like a slippery eel.... and I keep asking myself, does it have to exist?

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

(in reply to Caretakr)
Profile   Post #: 91
RE: Money. - 7/9/2006 9:52:52 AM   
thegunslinger


Posts: 81
Joined: 6/4/2006
From: Grand Rapids, Michigan
Status: offline
(seriousness off)
(Douglas Adams on)
The answer to the question is 42.
(Douglas Adams off)
(seriousness on)


_____________________________

"The essence of domination is to take another's power and then use it for mutual pleasure." - John Warren

(in reply to Level)
Profile   Post #: 92
RE: Money. - 7/9/2006 10:02:17 AM   
Level


Posts: 25145
Joined: 3/3/2006
Status: offline
quote:

ORIGINAL: thegunslinger

(seriousness off)
(Douglas Adams on)
The answer to the question is 42.
(Douglas Adams off)
(seriousness on)



Don't make me smack you with a mackeral mister lol.

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

(in reply to thegunslinger)
Profile   Post #: 93
RE: Money. - 7/9/2006 10:15:50 AM   
meatcleaver


Posts: 9030
Joined: 3/13/2006
Status: offline
quote:

ORIGINAL: Level

I know housing here has risen quite a bit since the hurricane; but still, compared to the Californias and New Yorks, it's on the low end of things. You can buy a plush 5,000 square foot home on half an acre of land, with good schools, for $250 grand.
 


My appartment cost much more than that. America is cheap cheap cheap. (or at least some places)

(in reply to Level)
Profile   Post #: 94
RE: Money. - 7/9/2006 10:33:55 AM   
acissej


Posts: 2370
Joined: 12/24/2005
From: New Jersey
Status: offline
quote:

ORIGINAL: Level

Do any of you ever see the housing costs going down some? Is that part of the adjustment?
 
I know housing here has risen quite a bit since the hurricane; but still, compared to the Californias and New Yorks, it's on the low end of things. You can buy a plush 5,000 square foot home on half an acre of land, with good schools, for $250 grand.



In NJ, I haven't noticed the prices go down, but they seem to have leveled out some and things don't seem to be selling as quickly.  I'm in a suburb of NYC, and you could maybe, maybe, get a 1200 square foot house on a tenth of an acre for half a million.   I had a 1000 square foot apartment in NYC that was worth about $750,000 when I last checked and it's considered a great steal. 

(in reply to Level)
Profile   Post #: 95
RE: Money. - 7/9/2006 10:38:42 AM   
Level


Posts: 25145
Joined: 3/3/2006
Status: offline
quote:

ORIGINAL: meatcleaver

quote:

ORIGINAL: Level

I know housing here has risen quite a bit since the hurricane; but still, compared to the Californias and New Yorks, it's on the low end of things. You can buy a plush 5,000 square foot home on half an acre of land, with good schools, for $250 grand.
 


My appartment cost much more than that. America is cheap cheap cheap. (or at least some places)


Yes, some places here are. Around here, even though homes can be relatively cheap, our unemployment rate is nearly double that of the national American average.
 
How much income tax do you all pay over there in the Netherlands, Meatcleaver? Not trying to be overly personal, just curious about the percentage rate, in general.

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

(in reply to meatcleaver)
Profile   Post #: 96
RE: Money. - 7/9/2006 10:42:32 AM   
Level


Posts: 25145
Joined: 3/3/2006
Status: offline
quote:

ORIGINAL: acissej

quote:

ORIGINAL: Level

Do any of you ever see the housing costs going down some? Is that part of the adjustment?
 
I know housing here has risen quite a bit since the hurricane; but still, compared to the Californias and New Yorks, it's on the low end of things. You can buy a plush 5,000 square foot home on half an acre of land, with good schools, for $250 grand.



In NJ, I haven't noticed the prices go down, but they seem to have leveled out some and things don't seem to be selling as quickly.  I'm in a suburb of NYC, and you could maybe, maybe, get a 1200 square foot house on a tenth of an acre for half a million.   I had a 1000 square foot apartment in NYC that was worth about $750,000 when I last checked and it's considered a great steal. 



Hey j . I had an apartment that I paid $400 a month for (all other bills paid), but of course, the night life and museums, etc, paled to what is there in New York city lol. It's hard to find apartments there, I've heard.

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

(in reply to acissej)
Profile   Post #: 97
RE: Money. - 7/9/2006 11:33:42 AM   
meatcleaver


Posts: 9030
Joined: 3/13/2006
Status: offline
quote:

ORIGINAL: Level

quote:

ORIGINAL: meatcleaver

quote:

ORIGINAL: Level

I know housing here has risen quite a bit since the hurricane; but still, compared to the Californias and New Yorks, it's on the low end of things. You can buy a plush 5,000 square foot home on half an acre of land, with good schools, for $250 grand.
 


My appartment cost much more than that. America is cheap cheap cheap. (or at least some places)
 

How much income tax do you all pay over there in the Netherlands, Meatcleaver? Not trying to be overly personal, just curious about the percentage rate, in general.


I'm paying 40% and the tax band lower is 34%. I'm just qualify for that 40% bracket which makes it sting a little.

(in reply to Level)
Profile   Post #: 98
RE: Money. - 7/9/2006 11:40:35 AM   
Level


Posts: 25145
Joined: 3/3/2006
Status: offline
Ah, thanks for the info. I bet that does sting lol, some over here duck and dodge to just get under a certain bracket.

_____________________________

Fake the heat and scratch the itch
Skinned up knees and salty lips
Let go it's harder holding on
One more trip and I'll be gone

~~ Stone Temple Pilots

(in reply to meatcleaver)
Profile   Post #: 99
RE: Money. - 7/9/2006 12:06:35 PM   
jezabelKH


Posts: 663
Joined: 5/21/2006
Status: offline
quote:

ORIGINAL: zenofeller

It's funny how nobody seems to be talking about money straight on. Let's try and have a look at the matter, shall we ?

How much does it cost to be a sucessful Dom ? And how much does it cost to be a sucessfull Master ?

For convenience, I'll arbitrary presume question 1 implies casual play, maybe ocasional overnights/over weekend stay overs, whereas question 2 implies a 24/7 situation. Sure, D/s can be 24/7, but that's not what I'm getting at.

Now, a decent Dom probably doesn't need as much practice as a decent Master. But still, my guess would be 10 or so hours a week dedicated to study and practice, over one year. For a Master, probably the same 10-12 hours a week, over the course of two or three years. And a Master needs alot more practice than a Dom, who can probably do pretty well on equal halves of reading and doing.

That comes to, at 10$ an hour, an opportunity cost of about $5,000 to be a decent Dom, and probably 10-20k to be a decent Master, just for the time you spend on your education. Add to that whatever you pay for books, teachers, play sessions, etc, and the sum may well double or triple.

Then, there's the gear. Again, a Dom gets off easier than a Master, but still, floggers, rope, suspension devices, dildo's, vibrators, new sheets, fetish dress, various and sundry contraptions, you probably go anywhere from 1k for a really scrawny set to the 100k and over people with many years behind them have accumulated.

Then, there's the question of the slave him or herself. A Dom could reasonably work things out so that the submissive pays her own bills, although there is plenty of slippage going on as a rule. But a Master usually will cover the slave's expenses, and if s/he is crafty, maybe can make something, but that doesn't happen all that often.

So, as a bottom line, if you want to be a Dom, think about it as a one year supplemental degree. If you'd rather spend the time and money to get a MBA and a raise for it, may well be this isn't for you. And if you want to be a Master, think college. Plus, for all practical purposes, one invalid person you will take care of the rest of your life.

Looking at things this way may help alot of people who are just confused clarify their goals, and maybe even avoid the very frustrated threads we've seen lately.



Sir,

Money has nothing to do with living this as a 24/7 M/s lifestyle. E/everyone in Masters house work's and contributes to the bottom line. Masters major investment is His time with His two slaves and His best toy is His Own hands and creative mind. No need for expensive toys to put on a show, my favorite toys are:

steel wrap around banjo picks $1 each / set $10
clothespins $1
cotton rope for bondage $10
homemade and varnished oak paddle $11
custom made 100 falls, deer skin flogger $24.95

Total $56.95 for 3 years full of fun

look on Masters face priceless!

jezabel{KH}
just simply a slave
Property Of Master Ken

(in reply to zenofeller)
Profile   Post #: 100
Page:   <<   < prev  2 3 4 [5] 6   next >   >>
All Forums >> [Community Discussions] >> General BDSM Discussion >> RE: Money. Page: <<   < prev  2 3 4 [5] 6   next >   >>
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts




Collarchat.com © 2024
Terms of Service Privacy Policy Spam Policy

1.172