Re:Three Levels of Wealth
by CompelTechnic on Tuesday August 07, 2018 @08:07AM
(#17705709)
It is very weird to me that people value their comfort on an airline seat at a rate on the order of $1000 per hour. I suppose L3 wealth is pretty big.
Re:Three Levels of Wealth
by ghshephard on Tuesday August 07, 2018 @02:31PM
(#17709250)
When I first started traveling for work 10 years ago I thought it was nuts to pay $8K-$10K for tickets, and usually just had the company buy coach tickets for $1800-$2k. My thinking was that for the 12-14 hour flights, it seemed to my naive mind that spending an extra $6k was "wasteful".
After many years of traveling north of 100K miles/year, trust me, traveling in coach sucks, and anytime I'm forced to do so I'm miserable. If I had the money, I would never, ever, take any flight > 6-10 hours in coach.
But note - I'm not suggesting that you are making the wrong decision - just that you are making it because you have to think about the cost of flying coach, you aren't at "L3" wealth and so need to think about the marginal value associated with the money you are spending. 99% of people at L3 don't hesitate for a second to book a business class ticket. (In fact, when you are truly at L3 you probably consider flying first class (emirates has awesome First Class Cabins) - or, if we want to stretch the definition a little, opting out of flying commercial altogether)