MovieChat Forums > The Craft (1996) Discussion > $175,000K is not that much money in the ...

$175,000K is not that much money in the long run lol

posted 8 years ago by ForeverLate
22 replies | jump to latest

It cracked me when they won $175k (how did that bum even have that much money anyway he didn't seem to work) they acted like they were set for life. But in reality $175k would t go very far, especially in the area they lived in.

You could buy a house or condo for that much, and if they rented , eventually the money would run out..would run out faster since Nancy's mom seemed to keep buying fancy clothes and furniture. They were acting like they were millionaires, but $175k wouldn't last long paying rent and bills monthly lol

[–] Neptunechild87 8 years ago

It would last long under proper spending but seeing how Nancy and her mother were wasting it on *beep* it wouldnt last very long

[–] lindseyd310 8 years ago

well they didn't "win" it they inherited it. and it was an insurance policy through his job

[–] danielle81587 8 years ago

True, not in the long run, but it's a lot when you're totally broke, which it appears they were. If I inherited that much money, I'd be pretty excited about it.

[–] kzalar 8 years ago

I'd be happy with it, too!

[–] ms-trixi 8 years ago

They would be poor again by now. But they sure did have a blast spending it. Probably had to put the jukebox up for sale on ebay

"Getting old is not for sissies."
Bette Davis

[–] Ite 8 years ago

It was more money in 1996.

[–] Darlinsugaree 8 years ago

Oh yeah $175K is not a big deal at all. I work in life insurance so I was expecting the guy to say something along the lines of $500K which is the norm for most of our whole life policies. With that ugly apartment, couch, and juke box they spent the money on- it probably would have been gone in a year or two.

[–] americanadian25 8 years ago

I thought the same thing. If they were being sensible about it and managed to get steady jobs, it might have lasted a bit, but they were spending pretty recklessly.
https://www.youtube.com/watch?v=Sjs_RXhqOiY

[–] strntz (12462) 6 years ago

Using an on-line inflation calculator, $175,000 would be worth about $275,000 today. Now, if they carefully managed that money by buying a reasonable place to stay and invest the rest, they'd be worth a million today.

But, since they were trailer park trash, just about any amount of money they'd get would be flushed.

[–] R_Kane (15828) 6 years ago

Thank you, strntz, you took the words out of my mouth. They had poverty consciousness, and it seemed like an enormous, inexhaustible sum to them. Had they invested in drugs as a business, they’d be multimillionaires today, provided that they didn’t deal while wearing the Frederick’s Of Hollywood wardrobes they ran out and bought, or sell out of their new fire-engine red Mustang, the one with Please Arrest Me written on both of its doors!

[–] strntz (12462) 6 years ago

You forgot the jukebox!! LOL

[–] R_Kane (15828) 6 years ago

I do my best to forget anything related to Connie Francis.

[–] strntz (12462) 4 years ago

I was with a group of people a couple of years ago and when the conversation turned to oldies music, I commented on how I couldn't stand Connie Francis. After a couple of surprising glances, I explained that to me, Francis whined though songs more than actually sang them. I didn't think anyone paid attention to me but running into one of the group recently, a nice lady reminded me of the conversation at the gathering and told me she couldn't listen to Francis anymore because all she hears now is the whining!!

[–] R_Kane (15828) 4 years ago

😂

[–] BillySlater (4241) 2 years ago

I think the point though is whether they could afford to buy a reason
able apartment with $175K in LA in 1996 and I think the answer is yes.