Vegas Free-for-All - Where do they get the money?

Boilerman

Apr 22, 2014
12:15am

I make a decent living and have a nice life. I'm comfortable but very far from rich.

I will freely admit to not being interested in the Vegas "club scene" for two reasons. 1) I'm 55 years old so I'm more of a pub guy. 2) I find it painfully difficult to pick up a round of 6 doubles and drop $150. I was at the Venetian pool recently and bought a double vodka tonic, a Margarita, and four beers for $120 dollars including a tip.

I realize that those who live in Manhattan may be used to such things, but I live in an Indianapolis suburb where a nice drink runs $3.50 plus tip in a nice pub. If I travel to downtown Indy, the same drink runs $5 at a pub. Head to a "club" in Indy, and that drink runs maybe $8. I'm okay with that, but $25 a drink makes me feel like I'm being raped.

To my original question, where do the 20 somethings get the money?

weggie44

Apr 22, 2014
12:29am

Block User

I personally do not think money is the root of all evil these days.......credit cards are! I bet these kids are waking up the next day going oh oh! or its daddy's credit card one or the other. We are enjoying a 6. something unemployment rate so it cant be they are all making good money (or can it?)

Weggie

Boilerman

Apr 22, 2014
12:39am

Block User

It baffles me.

Quote

Originally posted by: weggie44
I personally do not think money is the root of all evil these days.......credit cards are! I bet these kids are waking up the next day going oh oh! or its daddy's credit card one or the other. We are enjoying a 6. something unemployment rate so it cant be they are all making good money (or can it?)

Weggie

jatki

Apr 22, 2014
12:50am

Block User

I dunno, but I know I (over)paid 25 bucks for a half dozen blue crabs this weekend at the inner harbor. It was a weekend getaway for the two of us so I didn't mind that much.

J

clarkvegas

Apr 22, 2014
1:38am

Block User

It never ceases to amaze me when old people instantly go to "their daddy's credit card" when this issue comes up. Even more so when it is coupled with a comment on the current unemployment rate. So a 20-something year old cannot possibly be making enough money to pay for drinks because of the economy, but Daddy can afford to pay for his kid's $25 drinks in this economy. Great logic there.

When I was in my 20's, I could afford night clubs with my own paycheck. But if my dad had offered me his credit card, I would have jumped at the chance.

Roulette Man

Apr 22, 2014
2:50am

Block User

Quote

Originally posted by: Boilerman
I make a decent living and have a nice life. I'm comfortable but very far from rich.

I will freely admit to not being interested in the Vegas "club scene" for two reasons. 1) I'm 55 years old so I'm more of a pub guy. 2) I find it painfully difficult to pick up a round of 6 doubles and drop $150. I was at the Venetian pool recently and bought a double vodka tonic, a Margarita, and four beers for $120 dollars including a tip.

I realize that those who live in Manhattan may be used to such things, but I live in an Indianapolis suburb where a nice drink runs $3.50 plus tip in a nice pub. If I travel to downtown Indy, the same drink runs $5 at a pub. Head to a "club" in Indy, and that drink runs maybe $8. I'm okay with that, but $25 a drink makes me feel like I'm being raped.

To my original question, where do the 20 somethings get the money?

There are a few of them who are pro athletes or entertainers. They earned it but can't burn through their money fast enough. There are the entourages of childhood friends and phonies who get to hang on to them like barnacles.

There are trust fund babies who will probably never have to work.

As for the rest of them, they sneak 8 to 10 into a room and run up their credit cards.

Many of these twenty somethings will do bottle service whereby they order 1.75 liter bottles of Patron or Grey Goose or Cristal Champagne.

There are also ones who illegally earned their money.

DRich2

Apr 22, 2014
3:42am

Block User

I think a lot of people here are very naive.

A lot of the younger crowd you see in Las Vegas is coming in from California. An average college graduate in California starts at a salary around $50,000 and many start much higher. Engineering, I.T., sciences are starting at over $70,000. These young people generally don't have many financial obligations such as children, house down payment, etc. Many live in apartments with roommates sharing the rent.

I think it is very easy for many of these people to save $2000 for a blow out weekend in Las Vegas.

pjstroh

Apr 22, 2014
5:15am

Block User

My experience with clubs in Vegas is you see plenty of 40-yr-old men throwing lots of money at 23-yr-old women. Of course, I only need one hand to count the number of times I've been in one of the big Vegas clubs...so my observation is simply that.

CowboyKell

Apr 22, 2014
5:30am

Block User

Quote

Originally posted by: DRich2
I think a lot of people here are very naive.

A lot of the younger crowd you see in Las Vegas is coming in from California. An average college graduate in California starts at a salary around $50,000 and many start much higher. Engineering, I.T., sciences are starting at over $70,000. These young people generally don't have many financial obligations such as children, house down payment, etc. Many live in apartments with roommates sharing the rent.

I think it is very easy for many of these people to save $2000 for a blow out weekend in Las Vegas.

I was just about to write much of the same thing. It's not just the California "kids" either. I know of a small group of Canadian 20 something professionals who only have two ambitions. Get ahead professionally as fast as possible and party with the ladies in Vegas.

Will they regret this "waste" of money later? I'm not so sure. I pinched pennies and saved all my life with a goal of having an easy life in the second half of my century. Now with limited number of days left I wonder if my time was not wasted.

Blade

Apr 22, 2014
6:37am

Block User

Mommy and Daddy's credit cards.

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