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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (20809)5/8/2008 3:21:27 PM
From: Wharf Rat  Respond to of 149317
 
McCentury thanks you for your support, and wants you to send him some money.

I think you weren't here when I posted this, but I have no sympathy for your friends in SF who think they need >200K to keep up with the Jones...

Rik Wehbring, a 37-year-old dot.com millionaire — he worked for multiple startups — limits himself to living on $50,000 a year. That's no chump change but well below what he could spend in San Francisco, where his rent eats up 40 percent of his allotted spending. Wehbring doesn't own a television, his mp3 player cost $20 ("and it works just fine") and he drives (when he drives) a Toyota Prius.

He buys most of his food from local farmers' markets, is leaving the bulk of his estate to various environmental organizations and donates money to what he considers worthy causes. Everyday, he grapples with "how to live a low-carbon life."

But Wehbring doesn't buy clothes, or much of anything.

"I don't need a lot of material possessions," he said. "I haven't had to buy anything in a while."

Such frugality seems to run in his circle.
Message 24551452