Home › Forums › Miscellany › Community › Is $500 a lot of money?
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July 25, 2008 at 9:22 pm #725082
Money is completely subjective. Depends on your situation/salary/debt/responsibilities.
I grew up in a poor household. Don’t think I ever saw a hundred dollars of my own until I’d had my First Real Job Paycheck. It was just Mum and me, she worked hard and all the bills got paid, and I was well clothed and well fed, but other than that, there wasn’t much to go round. I remember (as a teenager) Mum crying her eyes out when something broke down (don’t remember if it was the car or the washing machine) and she couldn’t work out how to replace it. (Of course she managed, but the initial “oh god it’s broken”..)
My beloved and I went through a really tough stretch for a year or so, where we had to budget up to two months’ salary in advance, because things were just that tight; and if I wasn’t careful with the food shopping, we had trouble eating. Five hundred bucks was an ENORMOUS amount right about then. But, we got through it, did what we had to. And having done that, we’re fine for money, debts are all paid, money is in the bank and we’ve had a little windfall; so I can do what I did a couple weeks ago and spend $400 on clothes and shoes. And I can afford the two thousand dollar repair bill where a BMW tried to park in my passenger seat, leading to me parking under an SUV.
July 25, 2008 at 9:26 pm #725083$500 for a horse trailer is a steal! You did good!
I don’t even have a horse trailer yet, if I need to move the horses anywhere I need to borrow both the truck and the trailer from my brother’s wife.
Thankfully I don’t show or anything like that, though someday I hope to be able to take them camping.
$500 or more for a Windstone is out of my league most of the time, with the one exception of the Blue Sun dragon, and even him I had to save up for…and recently had to part with him…he has a good home though. 🙂
Kyrin
July 25, 2008 at 10:00 pm #725084In this day and age with the economy the way it is I think $500 is a great deal of money to most people. I am retired and watch my spending somewhat and never buy anything I can’t pay for when I buy it or put anything on my Visa that I don’t know I can pay for when I get the bill and that is how I stay solvent otherwise I don’t buy it and YES I THINK $500 is quite a bit of money.
July 25, 2008 at 10:11 pm #725085I remember getting $10,000 from my great granmother for school. She thought it was a lot and would more then pay for my schooling (well, she though the $5000 she gave me at the time would more then cover all 4 years of university). It got me through, 2-3 years of just tuition?
It is highly subjective, to me, that $10,000 kept me from needing student loans until now (I got $8200 this year!!! 😀 And $2000 was bursaries, so I don’t need to pay that $2000 back). However, when it comes to the grand scheme of things, it really wasn’t that much and didn’t go that far. 😕
July 25, 2008 at 10:23 pm #725086I agree with Jennifer. It truly depends what you are spending the money on. $500 does not come easily for me, so I would be judicious with how I spent it. But if you were to, say, find a 2-carat diamond tennis bracelet for only $500, I’d buy it and I don’t care for fine jewelry! 😆 It can be a lot for one thing, and cheap for something else. It’s all relative.
July 25, 2008 at 10:42 pm #725087I’m glad I’m not that abnormal!
My husband on the other hand says $500 is a lot to spend period. Poor guy 😆
I sadly can spend money faster than the IRS.
I just bought another pony 😯Right now there are two horse trailers on BAEN for $300. They’re 1971 (same age as the one I bought) Miley brand, 2H bumper pull. If the floor and axles are sound, the rest can be fixed up and will be quite a deal. If anyone wants the infomation, just let me know. Normally these older trailers aren’t made for 16 hand horses though.
July 25, 2008 at 11:11 pm #725088Phoenix wrote:He was like “OH, ONLY $500” like it was a ton of money.
Don’t you love misplaced sarcasm?
You can’t compare different $500s. You go out looking for a nice dragon sculpture and the prices range from $5 (not really so very nice a dragon) to $5,000 (very nice hand-crafted kind of a dragon). You could probably pay more if you really tried hard enough.
A horse trailer for $500, though, is almost free. A new one starts at, well, I found an ad for last year’s reduced price ones that says “Get $1,500 off any 2008 trailer under $10,000” So you can bet there are not going to be any under about $8,000. The discount goes up to $9,000 off anything in the $40,000 to $65,000 range.
Looking at the pictures, the one we bought for around $1000, well used, some years ago, goes for $9,000 new. At the time I thought $1,000 was a hideously expensive, but necessary, investment. But it was a bargain compared to other ones we looked at that were about twice the price and twice as decrepit.
Of course, we are now to the point where $500 is a lot of money whichever way you look at it. We ended up giving two wonderful horses to our farrier last week, as a free gift, because we can’t afford to feed them, and to sell them we’d have had to price them in the horsemeat range. And we really didn’t want to go there.
So. To get to the point. Yes, $500 is a lot of money to most of us. I know that whenever I have $500 in my hand, which I do fairly often because I have a retail store, I look at it and wish I could just put it in my pocket as spending money. Instead I look at it and think: “I better hurry up and get that in the bank before I bounce a check.”
July 25, 2008 at 11:16 pm #725089The Castle [Dave wrote:“]
So. To get to the point. Yes, $500 is a lot of money to most of us. I know that whenever I have $500 in my hand, which I do fairly often because I have a retail store, I look at it and wish I could just put it in my pocket as spending money. Instead I look at it and think: “I better hurry up and get that in the bank before I bounce a check.”Yes. This.
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My art: featherdust.comJuly 25, 2008 at 11:44 pm #725090lamortefille wrote:I think everyone summed it up nicely…it depends what I’m spending the $500 on. 😆
Yup! It depends on your situation too. I remember when buying a 15$ salad bowl was a luxury.
But your friend’s reaction means that he doesn’t really know the cost of things. Yes, 500$ is a lot of money. But not for a trailer, a car or a house!
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http://www.sarahjestin.com/feedbacklists.htmJuly 26, 2008 at 12:19 am #725091haha you did good (actually if you bought a horse trailor for $500 here it would collapse by the vibration of the horse getting too close to it)
July 26, 2008 at 1:32 am #725092I have to agree with the $500 dollars being a lot is subjective. For myself and most of the people in my social circle, $500 is enormous amount to spend on anything that isn’t the mortgage or rent (rent starts about $900 a month for a tiny apartment here). I loose perspective sometimes when visiting this forum because of how much Windstone’s auctions end at and I start to think everyone else must be pretty well off. I guess it’s just the nature of visiting a collectible forum.
If $500 is expensive for a horse trailer (I have no idea if so), then just tell him it’s because you like your horses to ride around in style 8)
purpledragonclaw wrote:But if you were to, say, find a 2-carat diamond tennis bracelet for only $500, I’d buy it and I don’t care for fine jewelry! 😆 It can be a lot for one thing, and cheap for something else. It’s all relative.
I’d so take a brand new spanking car for $500! Doesn’t matter what company 😆
July 26, 2008 at 1:34 am #725093$500.00 is a lot of money but it sure doesn’t go far at all… 🙁
July 26, 2008 at 2:44 am #725094I dont think it depends on what you are spending it on, I think it depends on what your living situation is. Where I live $500 will not even rent you a room in someones house, a 2 bedroom apartment is $2000, and the average family house is $630,000 so $500 here is what I make a week roughly, so not alot really. It is the way things are here, if you live in a place that you can buy a house for 30,000 then yes $500 would be alot.
July 26, 2008 at 10:02 am #725095ruffian wrote:I dont think it depends on what you are spending it on, I think it depends on what your living situation is. Where I live $500 will not even rent you a room in someones house, a 2 bedroom apartment is $2000, and the average family house is $630,000 so $500 here is what I make a week roughly, so not alot really. It is the way things are here, if you live in a place that you can buy a house for 30,000 then yes $500 would be alot.
Yikes! What does a loaf of bread cost you?
It does tie in to your income and your standard of living, of course. I’ve seen reserved roulette tables where the people are betting $10,000 a spin. $500 would be a tip for the dealer for a good run.
July 26, 2008 at 10:33 am #725096Oddly the prices of food is not that much more, 10 cents above Edmonton, maybe, not huge differences. It really is the housing that costs more, and luxury items, tattoos and piercings are more, movies too I guess, but day to day living is not that much more.
The real issue with housing is that there just isnt enough to go around.
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