Are many SPs millionaires?
- Thread starter chafien
- Start date
Thinking about becoming an SP?
Jezzzzz, I crack myself up some days...LOL
Bet most of the girls blow their money of trips, clothes, cars and shit like that. Bet most don't save much. Some probably use the cash they make to pay off debt instead of building a next egg so to speak
Jezzzzz, I crack myself up some days...LOL
Bet most of the girls blow their money of trips, clothes, cars and shit like that. Bet most don't save much. Some probably use the cash they make to pay off debt instead of building a next egg so to speak
It's not how much she makes but how much she saves.
Most don't know what to do with all that money. Some do, most don't.
For those of you that tip, may tip, or have, myself included, consider gifting this book instead.
Many people (not SPs particularly but just your average joes) don't know how to save money. You could hand a lot of people a $300,000 a year job and they'd still find a way to be in debt at the end of the year. Canadians in particular are terrible about debt.
So if I had to bet I'd say no, "many SPs" are not millionaires.
So if I had to bet I'd say no, "many SPs" are not millionaires.
Thanks bro, that's actually a really great gift idea to give my favorite. CheersFor those of you that tip, may tip, or have, myself included, consider gifting this book instead.
It is very possible but not exactly easy. That's a lot of sucking, fucking, and time that needs to be put in. One would get burnt out quickly seeing so many clients (assuming average SP rate). This may be partly why as SPs age they go solo, charge more, but see less clients. They probably make exceptional money, compared to an average joe, but using it to become a cash millionaire, likely not. But I bet there have been numerous creative SPs that invested while working and were able to build a millionaire net worth. Just like webcams, I'm sure some luck out with 'whale' hobbiests that shower with huge cash or cash equivalent gifts.
You have to factor in living costs and expenses. The biggest bonus is that they don't pay taxes which is the biggest chunk.
You have to factor in living costs and expenses. The biggest bonus is that they don't pay taxes which is the biggest chunk.
If it enters a bank, you think the CRA are not gonna ask questions?
You may be able to get away with laundering some of it, but when you need to make mortgage payments or car insurance good luck!
yip, well u better quit your job tomorrow and start right away. Perhaps 7 days a week including stat holidays.
Buddy of mine is dating a popular spa girl in Toronto. She keeps piles and piles of cash in their apartment. It’s frightening. I get the feeling a lot of younger girls aren’t sure what to do with the money and are too scared to deposit it in banks, so they end up paying cash for everything (as she does) and indeed don’t pay income tax on it.
I’m sure some more enterprising ladies have figured that part out and do pay taxes, though.
Over the years I have known many SPs and dancers and can honestly only only think of a few that I know actually did anything with all the money they made. Most figure tomorrow will bring another $1.000 so I can blow this I made today. Not many have a goal and many dont even have a bank account. Many have an entourage of friends that they cover the dinners and drinks etc. A few of them I know if they had a goal and some self discipline they could become millionaires in a few years easily. Their bills are covered by a sugar daddy and so what they make is all money they could save and invest.
Some SPs use the money to pay off school debt and then quit once they're ready to start their mainstream career. In that way, there may not be a lot to show per se, but it did release them from what might otherwise become a life-long financial burden.
But yeah, most SPs are probably like most people, who end up living for the day even with tons of cash coming in.
Life is impatient and unforgiving... you have to develop enough wisdom by 19 years old to take full advantage of your 20s... which I think is the most crucial decade for establishing and securing your financial future.
The hard part is developing a track record of income needed to show in order to get a mortgage etc.
But true fiscal discipline is key. I'd advise a lady to simply do the rule of thirds...on every booking split money into thirds:
1/3rd never touch it put it away in bank etc.
1/3rd use for your expenses.
Last third spend on what makes you happy.
Ideally you'd put away more and spend less on yourself but at least this is an easy to remember rule.
But true fiscal discipline is key. I'd advise a lady to simply do the rule of thirds...on every booking split money into thirds:
1/3rd never touch it put it away in bank etc.
1/3rd use for your expenses.
Last third spend on what makes you happy.
Ideally you'd put away more and spend less on yourself but at least this is an easy to remember rule.
Here's story from the trenches.
A dancer's drug dealer BF was sent off to prison so he asked her to watch the $200,000 he had amassed. When he got out of prison the $200,000 was all gone (surprise, surprise). He went to the SC where she was working and beat the crap out of her right there on the main floor.
P.S. Any SP or non-SP who owns a mortgage free house is already or is close to being a millionaire.
Especially because most of the time it's under the table.
(just realized how many people already mentioned this...lol, should have read the full thread first)
I only met ONE SP with the sense to take advantage of her lucrative career and that was Sweet Petite Jessica Lee. I use her as an example for young intelligent escorts that I come across. 95+% of these women will totally squander their wealth and they aren't worth the breath to give the advice.
Women are, generally speaking, unable to save, they are dependent on us males to provide for them. There are exceptions to everything but this has been my observation.
