{"id":566,"date":"2009-03-30T20:48:54","date_gmt":"2009-03-31T03:48:54","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=566"},"modified":"2014-04-18T18:21:51","modified_gmt":"2014-04-19T01:21:51","slug":"what-it-really-feels-like-to-be-a-millionaire","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id566-what-it-really-feels-like-to-be-a-millionaire.html","title":{"rendered":"What It Really Feels Like To Be A Millionaire"},"content":{"rendered":"<p>Yesterday my family and I got in the car and drove to Arizona for the day to see my beloved <a href=\"http:\/\/losangeles.dodgers.mlb.com\/\">Los Angeles Dodgers<\/a> play a Cactus League game against the Chicago White Sox at their new spring training complex known as Camelback Ranch.<\/p>\n<p>The Dodgers lost 6-1 and, I gotta tell you, if the Dodgers don&#8217;t find some pitching help real soon it&#8217;s going to be a very long season. We all had a great time anyway. In fact, we vowed to make the trip again next year &#8212; whether the Dodgers find decent pitching or not.<\/p>\n<p>While watching Dodger superstar Manny Ramirez (who went 2 for 3), I started to think about how much money this guy makes and what it must feel like from a financial perspective to be in his shoes; Manny is earning $25 million this year. Talk about being blessed!<\/p>\n<p>According to the New York Times, <a href=\"http:\/\/www.nytimes.com\/2008\/08\/26\/business\/economy\/26income.html\">in 2006 the average joe was paid a wage of only $46,996<\/a>. That&#8217;s 1\/532 the income of Manny Ramirez. Taking that data into account, and ignoring the effects of inflation, here&#8217;s what most people would experience if their modest wages gave them buying-power equivalent to Manny Ramirez:<\/p>\n<p>The average home in the United States could be purchased for $413, based upon a median price of $220,000.<\/p>\n<p>Of course, those that felt like &#8220;moving on up&#8221; could buy a $2 million beachfront home in Malibu for $3,760&#8230;<\/p>\n<p>&#8230; or <a href=\"http:\/\/realestalker.blogspot.com\/2009\/03\/don-imuss-surprisingly-dignified-digs.html\">Don Imus&#8217;s mansion in Westport, CT<\/a>, for $56,391, based upon his asking price of $30 million. (Good luck on that one, Don.)<\/p>\n<p>A fully-loaded BMW 7-series sedan would cost $158, based upon the manufacturer&#8217;s list price of $84,200.<\/p>\n<p>Then again, for the practical types, a Honda Civic would run only $29, based upon an MSRP of just over $15,505.<\/p>\n<p>$79 would buy Dodgers season tickets with four of the best seats in the house, based upon an advertised price of $42,140.<\/p>\n<p>A top-of-the-line iMac computer would cost $4.<\/p>\n<p>An iPod Classic could be had for 46 cents&#8230;<\/p>\n<p>&#8230;the more frugal types could buy an iPod Shuffle for only 15 cents instead.<\/p>\n<p>Folks could drive their Hummers or other gas-guzzlers to their heart&#8217;s content because even a $50 fill-up at the gas station would only cost about 9 cents.<\/p>\n<p>Meanwhile, the hungry could buy 5 items from their favorite restaurant&#8217;s one-dollar value menu for a single penny &#8212; and even have a little change coming back!<\/p>\n<p>Depending on your actual wages, these numbers will vary slightly, but I think you get the idea.<\/p>\n<p>Hopefully, this little exercise allowed you to escape for a minute or two and envision just how well-off many of these superstar athletes have it &#8212; and how out-of-touch most of them have become as to what it is really like to live with the rest of us here in the real world.<\/p>\n<p><em>If you liked this article, please be sure to <a href=\"http:\/\/feeds2.feedburner.com\/LenPenzo\">subscribe to my RSS feed<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday my family and I got in the car and drove to Arizona for the day to see my beloved Los Angeles Dodgers play a Cactus League game against the Chicago White Sox at their new spring training complex known as Camelback Ranch. The Dodgers lost 6-1 and, I gotta tell you, if the Dodgers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[455,459,466],"tags":[],"class_list":{"0":"post-566","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business","7":"category-family","8":"category-saving","9":"pmpro-has-access","10":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What It Really Feels Like To Be A Millionaire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lenpenzo.com\/blog\/id566-what-it-really-feels-like-to-be-a-millionaire.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What It Really Feels Like To Be A Millionaire\" \/>\n<meta property=\"og:description\" content=\"Yesterday my family and I got in the car and drove to Arizona for the day to see my beloved Los Angeles Dodgers play a Cactus League game against the Chicago White Sox at their new spring training complex known as Camelback Ranch. 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