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by fragmede 60 days ago
Everyone's poorer than you think, and sometimes the richest seeming people are under a mountain of debt.

> own an aircraft, doesn't mean you have a budget to pay random EUR 10/month subscriptions.

Still, if you can't afford a €10/mo subscription necessary to operate the airplane safely, when hanger fees are well in excess of that, then perhaps you can't actually afford to own an airplane? Airplanes aren't cheap to own, nevermind the aircraft itself.

Put it another way. I like driving BMWs, but, y'know what, I hate having to pay insurance, and I can't afford to pay that after the monthly BMW lease payment, so I just don't pay it, cause fuck that noise.

I don't think most people's response to someone saying that would be "eh, sounds fine, BMWs are expensive". "So don't drive a BMW." seems like more likely reaction to me.

1 comments

The reason people will tell you that is because paying for car insurance is rarely something you can just opt not to do, at least not without consequences. The consequence for not paying for a $10/month service is having to perform a minimally inconvenient chore once a week.
Indeed. Where I live, civil liability insurance is mandatory and if you own a car, you have to pay it, even if you don't intend to actively drive. It's not an optional cost.
Yeah, for a fucking airplane. In most of the world, that's way up there with yachts as a rich people toy rather than a everyday necessity. The real question though is, upon having discovered this, why allow them to keep doing that?
"I didn't get rich by writing a lot of checks." The same habits that let a nouveau riche amass enough fortune to afford a plane make them penny pinch after they no longer need to.