As F.Scott Fitzgerald observed, The rich are different from you and me.
I was reading a story about the car maker Bugatti. A reporter asked someone from the company how they could justify selling cars that cost more than most people's homes. The representative pointed out that since the average annual household income in the US is $44,000 and the average car costs $28,000 and that the average Bugatti customer makes millions of dollars every year, their customers spend a tiny portion of their income on their autos compared to most people.
$10K for a party seems outrageous to most people but it is all relative. $10K is a huge sum for a single mother working unskilled jobs trying to scratch by but it is pocket change for billionaires.
It's all a matter of perspective isn't it? The GDP of Uganda is $490. The GDP of the US is 100 times that amount. To spend $50 on a pair of jeans is ridiculous to millions of people. And yet lots of people do it every day. To a billionaire or someone with lots of millions, $10,000 isn't a lot to spend on a party. No one's yelling at you for how much you've spent on whatever you spend your money on (including a computer, which is out of reach to a large percent of the world's population). And yet, that much money would be unthinkable for millions of people. People need to get over themselves.
I don't like the idea of that, I quite agree with Irene, Think about the less fortunate kids out there with no homes to live in and feel safe in, even 1K is allot but 10K!!!!!!!! forgoodnessake, it's the mothers fault, their spoiling there child to make make them feel happy, i get about £100 spent on my birthday and even i think that might be a little too much i mean it's just celebrating your birth, i'd be happy with just a card and maybe a cupcake or something
Bloody ridiculous. All kids want are party-poppers, jelly and ice cream, and a bouncy castle. 10K is totally a parents thing- they aren't treating the child, they are showing off to their co-workers and friends. If you have that much money, then cool, have fun, throw the kid a 3K party and donate 7K to a charity that will make sure other (less fortunate) kids actually get a teddy bear and a card wishing them happy birthday on their special day.
Well it's a complete waste of money but as long as they have enough money there shouldn't be any problem. The money will be transferred to economic cycle so to make the child happy wasting 10K is not a bad idea. But not all the time wasting huge amount of money brings happiness to the child ,proper Love and affection can make the child more happy than spending 100k without any emotional feelings
10k? What currency is that? Or do you mean 10k as in 10000? If so, still what currency? 10000€, 10000$, 10000Yen, 10000£? Romanian Leu? Russian Ruble?
I think that kids birthday parties should have games, cake and something to romp like a trampoline or a bouncing castle. A little decoration is also okay.
I think it's way too much for a birthday party. Kids are satisfied with simple things, they do not need 10K worth of a party to be satisfied. It will just spoil the kid in the future, instead, planning out a normal, fun party and spending time with the kids will be much more than the expensive party.
Depends on the way they spend it. If they take the birthday kid to this damaged placed due to some natural disaster and let the kid spend the money by giving it away to the victims... Good idea, isn't it? But if it is for a party, now that's useless.
Insane. Crazy. Not normal. Too much money to be wasted on something like a birthday party. They might think they are making their children happy, but when this kid ends up wanting more than a 10k+ birthday party, the parents will be at fault.
the child will be spoiled if they parent dont teach how to deal with the situation i mean what to do if you dont get what u wanted. In this case i will suggest not to spend always or not give what children want always ;)
some parents thinks that spending lot and doing so many thing may make their children happy. so they they spend lot. but they are not crazy according to me. they want their children to be happy.
I think that if they were my parents and i opted to take the cash now, I would be in a much better position than those kids and their 10k parties.
i agree but i think it can be bad in the long run if the child grows up being spoiled and wont always get what they want when they're older
Yeah, no kidding - why do people feel it necessary to give away presents to the kids who come? What's up with that? Ridiculous.
american dollars, sorry
I think it's crazy.