A Reddit user spends $700,000 annually, which raises questions about whether it's excessive or justified. With a $2 million income, this spending constitutes a small fraction of his earnings. Key expenditures include $10,000 monthly rent and $9,000 mortgage for a weekend home, along with large credit card bills and private school fees. Despite appearances, his overall financial trajectory suggests he is on track to amass a $15 million net worth by his 50s, indicating no immediate need to alter his spending habits.
While it's easy to see how the numbers add up, some argue that his significant expenses are a reflection of lifestyle choices and obligations.
Even though $700,000 annually sounds excessive, considering his income, it allows for maintaining his lifestyle and future wealth growth.
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