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MrMaster
jetsetter
Premium
join:2000-12-16
St Thomas, VI
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30K-per-year-millionaire meaning?

I've seen this term listed twice today in regards to Dallas. I think it means people who pretend to be rich but I've never seen this term before and google isn't helping me.

What exactly does it mean?
--
One never notices what has been done; one can only see what remains to be done. -Marie Curie


MLOK5
My Reality Check Bounced
Premium,MVM
join:2000-08-17
Plano, TX

It has to do with people living waaaaaay beyond their financial means. They're pulling down $30K per year but are living like they make $100K b/c they're so over-extended on their credit & leveraged to the hilt.
--
w/b



Camelot One
Premium,MVM
join:2001-11-21
Austin, TX
kudos:1

reply to MrMaster
Yeah it's actually a club of sorts. People who rent expensive cars to drive out to the club, time shares they pretend to own just to impress people for a day or two, that sort of thing.
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Intel Quad Core QX6700 @3500Mhz/Asus P5N32-E SLI/4x 1024Mb Corsair/WD 74Gb Raptor/PNY 7800GTs SLI/Antec 550 True Control/Custom water cooler


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