Quote: (10-20-2014 06:44 PM)Hedonistic Traveler Wrote:
Yeah, I seriously doubt it will happen like that. I'd imagine the $200,000 saved was an exaggeration too begin with, although it's definitely possible. Girls her age aren't prone to saving or being frugal, especially when she is accustomed to a high quality of life through her clients.
Let's say she did only ten sessions a week at $900 per session. That's $9K a week and $468K a year. Pretty decent money even for NYC. How come she only ended up with $200K after a couple of years even though she probably paid no taxes?
The reason is that you start running out of mattress to hide the cash in. Plus it's dangerous to keep that much cash around because if some not-so-nice people happen to figure out that you're a high-end hooker, they easily can put 2+2 together and drop by your pad to smack you around a bit and slit open your furniture.
Assuming she had been able to retain half of her earnings, to get that much money out of the country into an offshore bank account, she would have needed to do 23 international trips per year (because you can only take less than $10K per trip without having to declare it to customs).
That's one trip every two weeks, so basically couriering your cash out already becomes a serious part-time job in and of itself. Plus you would need to stash the funds in an account (probably several) linked to a foreign passport because most jurisdictions these days have been forced into FATCA. Doing all of this right takes some careful thinking, planning and persistence.
The main reason why these gals blow through their cash is not so much because they are impulsive and don't want to save, but because stashing it effectively takes a very different kind of skill set than the one they need for their job.
If she is sane, a girl that is financially savvy and has the goods to be a high end hooker is inevitably going to realize that she is better off playing the long game- finding a rich dude to marry so that she can help him manage his investments and/or his business.
I know that most of you are going to say this is a bad idea, but I for one could actually really use that kind of help. With a competent finance/tax whiz wife backing me up, I could take my side hustle to the next level.
And there are a lot of guys like me out there, who are already doing well by themselves but know that they could move even bigger mountains, given the right lever.
Point being, if a girl is actually smart enough to find a way to make prostitution pay off financially, then she will have the brains to know how to play a different kind of game. It's not so much a personality issue as a question of having enough raw intellectual horsepower to be able to leverage yourself in a better way.