[MongolianAbroad]

(04-09-2018 02:56 PM)ActaNonVerba Wrote:  

Antarctica: $0.

You'll die if you can't pay the heating bill in Antarctica, which wouldn't be baller at all.

On the plus side, those scientists down there probably don't have much game, so less competition.

Waiting for the Antarctica data sheets.

[Tail Gunner]

(04-10-2018 11:12 PM)Graft Wrote:  

Most of them sock away half of their take-home pay so they can be actually wealthy in their 40's and 50's. Tables at LAVO/PHD and 10k/mo penthouse apartments are for people who don't work 70 hour weeks for $300k/year. They work too hard to waste like that.

This is exactly how people become successful over a life time. Then they use this money to create a passive income that provides a long life of comfort.

Baller = Stupid. It is far smarter to live in a location (e.g., Eastern Europe) where you can maximize what you get for your money.

If you sacrifice your financial future just to score poon you might as well just be married.

[Laner]

Yeah 'baller' gives the meaning that the money is fleeting, or endless. Not in between.

[icrus]

Correct me if I'm wrong but isn't it better to be NYC rich instead of Belgrade rich?

I'd much rather be rich in both cities instead of having to live in a cheap location to maximize my wealth.

There's no way you can call yourself a baller and then you touch down in a more expensive city and have to start penny-pinching.

If a man needs to move somewhere to be a baller that's his choice. But he better not turn around and complain about how expensive other cities are. Cause then you're a hypocrite and a little wuss and that's a weesh way to go through life.

[Tail Gunner]

(04-11-2018 03:23 AM)icrus Wrote:  

Correct me if I'm wrong but isn't it better to be NYC rich instead of Belgrade rich?

I'd much rather be rich in both cities instead of having to live in a cheap location to maximize my wealth.

There's no way you can call yourself a baller and then you touch down in a more expensive city and have to start penny-pinching.

If a man needs to move somewhere to be a baller that's his choice. But he better not turn around and complain about how expensive other cities are. Cause then you're a hypocrite and a little wuss and that's a weesh way to go through life.

If you are referring to my post, I thought that I was quite clear that IMO it is stupid to try to be a baller unless you can bank half of your income so that you can be a true baller in the future by investing wisely and then living off your passive income.

Regardless of how much you earn, if you sacrifice your future by living beyond your means (including providing for your retirement) then you are not a true baller, just an ignorant jackass and a potential future welfare recipient. But if you are location independent and you move to a low cost country, you can still live a great life, bank half your income, and invest wisely to guarantee true baller status in the future.

[kirdiesel]

To ball out in Cologne, Germany.. quickly. (Its somewhat expensive here too)

Rent - €3000.. Need a centrally located penthouse apartment at Friesenplatz to entertain and entice the people

Bottle Service - €1500 - €2000 for the month. about €500 a night going out every Saturday night - You'll need this initially to crack into the "high society" here and get to know all right people, earn the respect of top tier girls and other ballers. Would decrease as people get to know you.

Car - A newer model BMW 5 or Merc E class would do well but to impress in Germany youll need a Porsche 911, Audi R8, or at least Lambo Huracan... 1200€ a month?

You would need about 10,000€ a month net to ball out here but you still wouldn't be saving and investing your money properly and German girls aren't THAT hot to be spending money on them like that. Even if I won the lottery for 500 mil I wouldn't do it.

[icrus]

Yea I didn't even make this initial assumption that somebody would be stupid enough to spend so much money, only to have status on loan.

But most people still think of baller status in terms of a location. That's a contradiction in itself. Either you can swing it in 95% of places or you can't. Outliers like MC, Dubai etc excluded. That's why I said 1k a day and you'll be happy.

[jcardial]

(04-11-2018 09:51 AM)icrus Wrote:  

Yea I didn't even make this initial assumption that somebody would be stupid enough to spend so much money, only to have status on loan.

But most people still think of baller status in terms of a location. That's a contradiction in itself. Either you can swing it in 95% of places or you can't. Outliers like MC, Dubai etc excluded. That's why I said 1k a day and you'll be happy.

It probably should be thought of in terms of age and location though. Balling is a completely relative concept and I think it just comes down to being able to responsibly spend an amount that ~90-95%+ of guys in your location/age range wouldn't be able to sustain.

A 55 year old with a 911 in Miami isn't very baller, but for a 30 year old in EE or South America it's overkill. The whole reason balling helps you with women is because you are financially ahead of the vast majority of the local competition.

[icrus]

I see this as an absolute concept, not as a relative one.

Who do you think of if I say baller?

The guy who does 10k a month in BA or the guy who does 100k a month in NYC?

When one can do as one pleases, no matter where and when, that's a baller for me.

Not to be confused with antifragile though because you can be a baller but still work corporate for example. You pull in big money but only have the time to let loose every couple of weeks. That guy is a baller in my book but not entirely free. Maybe he doesn't even want to be, different conversation altogether.

[Gopnik]

I read somewhere that beyond 50,000$ a year, happiness and money are no longer correlated.

Obviously anyone wold prefer being rich to living paycheck to paychek.

However, reading this thread I get the impression that once you start pulling some serious money, it's easy to get sucked in a different type of rat race based on status and material crap that adds minimal value to your life.

My 2 cents: For what members are describing here, outside of Madrid and Barcelona, you could live like a baller in 2nd tier Spain for as little as 4000$/month.

[NapoleonDynamighty]

[/quote]
It probably should be thought of in terms of age and location though. Balling is a completely relative concept and I think it just comes down to being able to responsibly spend an amount that ~90-95%+ of guys in your location/age range wouldn't be able to sustain.

A 55 year old with a 911 in Miami isn't very baller, but for a 30 year old in EE or South America it's overkill. The whole reason balling helps you with women is because you are financially ahead of the vast majority of the local competition.
[/quote]

This is what I meant through the original post. Personally for me being a baller is being ahead of the curve. Money alone cant do that for you. What Baller means is subject to individual opinions but the purpose of this thread wasnt to fantasise imaginary numbers in which case we all know the answer and sky is the limit.

For me a guy in his late 20s early 30s with more than 100k income in many cities is ahead of the curve and if he know how to handle himself and spend money for the right kind of vice that suits his personality he can lead a semi baller - baller lifestyle.

There are 190 cms guys with Ashton Kutcher faces who are living the baller lifestyle for free paid for my sugar mamas and there are 170 cm bald hairy chubby dudes who are throwing money at everything in 10s of thousands to get attention and ladys.

Like with EVERYTHING in life anyone with an ounce of wisdom will tell you there are NO ABSOLUTES.

This thread is going in the direction I was hoping for.

[Tail Gunner]

(04-11-2018 12:43 PM)icrus Wrote:  

Not to be confused with antifragile though because you can be a baller but still work corporate for example. You pull in big money but only have the time to let loose every couple of weeks. That guy is a baller in my book but not entirely free. Maybe he doesn't even want to be, different conversation altogether.

So is this conversation:

(04-11-2018 12:43 PM)icrus Wrote:  

When one can do as one pleases, no matter where and when, that's a baller for me.

You jumped into a thread titled "Baller Salary-Income by Country/City 2018" and tried to turn it into "The Worldwide Baller" thread. As you stated in another context: "different conversation altogether."

It is axiomatic that you can be a big-time baller in one location and yet be unable to ball at top-tier locations. I do not see any conflict in that reasoning -- and that theme fits within the scope of this thread, which pertains to the ability to live a balling lifestyle in different locations. As previously stated by several other members, balling simply entails responsibly spending an amount that 90%-95% of the guys in your location cannot spend. I emphasize the word "responsibly," because if you mortgage your future just to ball today that just makes you a fool.

Geographic lifestyle arbitrage is a real thing.

[silvera]

I agree that location matters. If you are making 100k/year online you aren’t going to move to NYC or Hawaii but maybe Kansas, EE or SEA.

However, a fancy lifestyle can actually be more expensive in emerging countries, at least Asian ones, due to tariffs and people marking stuff up to fleece the rich.

[Rossi]

(04-09-2018 11:43 AM)Nordwand Wrote:  

A friend of mine who lived in Paris for a while a few years back reckoned that you needed @ €10k pm to have decent lifestyle, ie nice flat, eating out at good restaurants, trips to the theatre, etc. I dread to think what you would have needed for high end.

Yes, I lived in Paris for about 2 months. I didn't pay any rent when I was there. If you make €10k, you would have a decent lifestyle in Paris. It's almost as expensive as New York.

A decent eat-out at average dinner of two totals about €100-120 in there as well. If you go little fancy place, it's usually €200. I mean, surely you can live in Paris if you make €4000-5000 too but you have to live in saburbs and live very moderately.

[Curunír]

This is one of the most interesting threads in a long time.

[Adrenaline]

The whole concept of “balling out” is just incredibly stupid to me, and the only thing smart about bottle service clubs are the owners filling their wallets from people desperately trying to impress others. There are so many better ways to put that type of money to use.

[Tail Gunner]

(04-12-2018 06:40 PM)Curunír Wrote:  

This is one of the most interesting threads in a long time.

Really? All this information has been discussed ad nauseum on many other threads. People keep creating new threads discussing the same old stuff. All you need to do is determine the amount of money that you need to live well in a city with which you are familiar. Then compare the cost of living in that city to the city in which are interested -- using one of the many cost of living comparison web sites. Do not expect perfection, but it will give you a general idea.

Numbero:

https://www.numbeo.com/cost-of-living/comparison.jsp

Expatistan:

https://www.expatistan.com/cost-of-living

Xpatulator:

https://www.xpatulator.com/

[rudebwoy]

I just looked at Numbeo and that list is a bit misleading.

The thread is about being a baller not living like an average Joe.

Who the hell drives a VW Golf.

[Tail Gunner]

(04-12-2018 10:41 PM)rudebwoy Wrote:  

The thread is about being a baller not living like an average Joe.

You missed the entire point of my post. First, determine how much it costs to live like a baller in a city with which you are familiar. For example, say it takes $200k to live a baller lifestyle in NYC. Then use one of those cost of living comparison sites to compare the cost of living in NYC to the cost of living in your target city. If the cost of living in the target city is 50% of NYC, then it takes $100k to live like a baller in your target city (as a rough estimate).

[Count Pierre]

(04-12-2018 11:28 PM)Tail Gunner Wrote:  

You missed the entire point of my post. First, determine how much it costs to live like a baller in a city with which you are familiar. For example, say it takes $200k to live a baller lifestyle in NYC. Then use one of those cost of living comparison sites to compare the cost of living in NYC to the cost of living in your target city. If the cost of living in the target city is 50% of NYC, then it takes $100k to live like a baller in your target city (as a rough estimate).

IMO, the cost of living in a particular place is just an irrelevant percentage in a "baller" (or better say someone who is very wealthy and prodigal with his money) lifestyle. For example, the cost for a 50K € Loro Piana vicuna and mink coat, of a 120K € Hublot tourbillon watch or of a 20K € diamond ring for one of your favorites (in brief, the kind of things that a "baller" buys -or can afford to buy- on a regular basis) is the same whether you live in NYC or Kiev (in fact this is not entirely true, luxury brands are most often more expensive in EE than in Western Europe/US). Same for vacations -your monthly trip or extended weekend at the Four Seasons Maldives, Mandarin Oriental BKK or Ritz Paris with a chick or two on board will cost you the same. Same for many other things ..... when you're wealthy and prodigal, the fact that you spend for "everyday life" 300K in NYC or 150K in (xxxx) is absolutely no relevant in your yearly budget. Or we don't have the same idea of what a "baller" lifestyle means. Now if we talk of what one needs for just a "comfortable lifestyle" (which is different), of course the cost of living in one place v.s another is important.

[Catch 22]

I'm with rudebwoy. That doesn't cut it. I've been to a lot of cheap countries that are actually expensive in baller areas.

[Cam Newton]

The problem with using those worldwide cost of living indices to scale the baller wages from city to city is that not all prices scale linearly. By that I mean, even if the average cost of living is 50% of what it is in NYC, that doesn’t mean what a baller wants is 50% off. Luxury goods, and peak experiences tend to have inelastic demand, and thus their prices don’t scale the same way fruit at the grocery store might scale down in price.

[Rossi]

(04-12-2018 08:41 PM)Adrenaline Wrote:  

The whole concept of “balling out” is just incredibly stupid to me, and the only thing smart about bottle service clubs are the owners filling their wallets from people desperately trying to impress others. There are so many better ways to put that type of money to use.

Not if you like clubbing. One drink at clubs in New York is like $25. Obviously, you're going to club with a friend or two. Why would you pay $150 for few drinks and standing up all night, if you can spend $200 each and have vip service with a bottle?

Unless you're an idiot who goes to club alone and orders a bottle just by himself.

[jcardial]

(04-11-2018 12:43 PM)icrus Wrote:  

I see this as an absolute concept, not as a relative one.

Who do you think of if I say baller?

The guy who does 10k a month in BA or the guy who does 100k a month in NYC?

When one can do as one pleases, no matter where and when, that's a baller for me.

Not to be confused with antifragile though because you can be a baller but still work corporate for example. You pull in big money but only have the time to let loose every couple of weeks. That guy is a baller in my book but not entirely free. Maybe he doesn't even want to be, different conversation altogether.

He made it clear he is interested in balling light. The nits will call it a contradiction of terms, but it's pretty clear what he means. After a point each extra dollar spent beyond a well located/high end apartment and going out expenses has pretty diminishing returns. There's no point in talking about lifestyles of the top fraction of the 1% because effectively no one here is on that level.

[Tail Gunner]

(04-13-2018 12:35 AM)Count Pierre Wrote:  

(04-12-2018 11:28 PM)Tail Gunner Wrote:  

You missed the entire point of my post. First, determine how much it costs to live like a baller in a city with which you are familiar. For example, say it takes $200k to live a baller lifestyle in NYC. Then use one of those cost of living comparison sites to compare the cost of living in NYC to the cost of living in your target city. If the cost of living in the target city is 50% of NYC, then it takes $100k to live like a baller in your target city (as a rough estimate).

IMO, the cost of living in a particular place is just an irrelevant percentage in a "baller" (or better say someone who is very wealthy and prodigal with his money) lifestyle. For example, the cost for a 50K € Loro Piana vicuna and mink coat, of a 120K € Hublot tourbillon watch or of a 20K € diamond ring for one of your favorites (in brief, the kind of things that a "baller" buys -or can afford to buy- on a regular basis) is the same whether you live in NYC or Kiev (in fact this is not entirely true, luxury brands are most often more expensive in EE than in Western Europe/US). Same for vacations -your monthly trip or extended weekend at the Four Seasons Maldives, Mandarin Oriental BKK or Ritz Paris with a chick or two on board will cost you the same. Same for many other things ..... when you're wealthy and prodigal, the fact that you spend for "everyday life" 300K in NYC or 150K in (xxxx) is absolutely no relevant in your yearly budget. Or we don't have the same idea of what a "baller" lifestyle means. Now if we talk of what one needs for just a "comfortable lifestyle" (which is different), of course the cost of living in one place v.s another is important.

I am not sure what is causing the mental disconnect here (and this is a general comment, not aimed at Count Pierre). This is a thread titled "Baller Salary-Income by Country/City 2018." This is not "The Worldwide Baller" thread.

"Baller" describes an experience that entails enjoying the good life. As previously stated by several other members, balling (enjoying the good life) simply entails responsibly spending an amount that 90%-95% of the guys in your location cannot spend. It does not mean buying "a 50K € Loro Piana vicuna and mink coat, of a 120K € Hublot tourbillon watch or of a 20K € diamond ring for one of your favorites." That is a completely different conversation and involves the ability to ball anywhere in the world with a seven-figure yearly income.

Words can have several possible connotations. The OP obviously used "baller" in the first sense (enjoying the good life), not in the second sense (balling anywhere in the world with almost unlimited resources). WTF would anyone even be interested in that second topic here. If you have almost unlimited financial resources, you simply go where you want and buy what you want. You certainly do not need advice from a forum.

Geographic lifestyle arbitrage (balling ability by country), which the OP designated as the topic of this thread, entails responsibly spending an amount that 90%-95% of the guys in your location cannot spend. But people keep derailing the thread by discussing unlimited worldwide balling.