sanitation@lemmy.today to me_irl@lemmy.world · 13 days agome_irllemmy.todayimagemessage-square87linkfedilinkarrow-up1938arrow-down111
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minus-squareprole@lemmy.blahaj.zonelinkfedilinkarrow-up1·12 days agoSomeone who owns $1 million is maybe like 5 years away from complete bankruptcy if they drop $200k to purchase a boat. There is a reason people say that boats are “a hole in the water to throw your money into”. They cost a literal fortune to maintain. Nobody with “just” $1 million can afford to buy and maintain a $200,000 boat.
minus-squareSwingingTheLamp@piefed.ziplinkfedilinkEnglisharrow-up1·12 days agoYou can if the boat is also your home. That’s what I meant when I said I could buy one if I were really motivated. But yeah, you’re right, anybody with $1 million who buys a $200,000 boat as a toy is bad with money.
Someone who owns $1 million is maybe like 5 years away from complete bankruptcy if they drop $200k to purchase a boat.
There is a reason people say that boats are “a hole in the water to throw your money into”. They cost a literal fortune to maintain.
Nobody with “just” $1 million can afford to buy and maintain a $200,000 boat.
You can if the boat is also your home. That’s what I meant when I said I could buy one if I were really motivated.
But yeah, you’re right, anybody with $1 million who buys a $200,000 boat as a toy is bad with money.