Are you low key about your wealth?

[Anonymous]

Anonymous wrote:

Anonymous wrote:People who are wealthy but don’t visibly spend money are usually boring unless they happen to be deeply passionate about inexpensive things.

I’ll excuse:
Workaholics
Writers
Visual artists with cheap media
The intensely crunchy and/or religious
Probably other categories I’ve overlooked

Otherwise, people, you can’t take it with you. Finance a movie. Get a sailboat. Build a garden.

My husband sends money back to his native country, and has financed the university studies of young relatives he's never even met.
How's that for not taking it with you?

I cannot respect you, since you have not included helping others in your list.

Boring is good.

Good for you two. It’s a great feeling knowing you helped young relatives start off with a good education. We have done that too with my niece who has a disabled mother.

[Anonymous]

We can’t hide our two nice homes or that we are members of two country clubs but other than that we are very low key. I’m a consignment shop junkie if that means anything!

[Anonymous]

What does the new WaPo calculator / article say about middle class?

[Anonymous]

We rent a small apartment in an area where most houses are a few million. I have an inheritance and savings that are about 2.5-3 million. We live 100% off our salaries (about $250k-300k /year) and share one 1 12 year old car. We both work at home so don’t spend much on clothes, haircuts etc. I do spend a few thousand on travel per year. I think people are probably surprised when I drop money at a school fundraiser or that kind of thing. If people ask about my childhood I’m not coy about private schools / vacations / experiences so people who know me are aware I hade more money than it may appear.

[Anonymous]

No, not low key at all. We have lots of nice things and truly enjoy them. Two homes, a boat, nice cars and a lot of vacations.

We throw huge, lavish parties for our friends and throw a lot of money at clothes and small luxuries.


That's what people see. What they don't see:

We pay for our niece and nephew's college tuition. We donate generously to three charities. We tip high.

Everything from our boat to our cars are EV and our homes are smaller and run on solar.

That expensive clothing we buy...mostly, but not all, sustainable materials and no sweatshops because we can afford it.


We are not neutral in the footprint we are leaving on the environment, but we use our wealth to help offset the damage of some of our choices.

However, I don't feel good about the environmental impact of some of those choices, so openly acknowledge being not great. Don't give a poo about "Flashy" but do care that we are not the best stewards of our planet.

[Anonymous]

Anonymous wrote:No, not low key at all. We have lots of nice things and truly enjoy them. Two homes, a boat, nice cars and a lot of vacations.

We throw huge, lavish parties for our friends and throw a lot of money at clothes and small luxuries.


That's what people see. What they don't see:

We pay for our niece and nephew's college tuition. We donate generously to three charities. We tip high.

Everything from our boat to our cars are EV and our homes are smaller and run on solar.

That expensive clothing we buy...mostly, but not all, sustainable materials and no sweatshops because we can afford it.


We are not neutral in the footprint we are leaving on the environment, but we use our wealth to help offset the damage of some of our choices.

However, I don't feel good about the environmental impact of some of those choices, so openly acknowledge being not great. Don't give a poo about "Flashy" but do care that we are not the best stewards of our planet.

You need to upgrade your boat to EV power....other than that, you are all good....

[Anonymous]

The wealthiest person I estimate a net worth of 20 million. You would never know. You would guess they make 250k a year. Mid 40s. Uber wealthy people don’t flaunt it. The $1 million a year do. The multimillion a year don’t.

[Anonymous]

Anonymous wrote:The wealthiest person I estimate a net worth of 20 million. You would never know. You would guess they make 250k a year. Mid 40s. Uber wealthy people don’t flaunt it. The $1 million a year do. The multimillion a year don’t.

Unbelievably false.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The wealthiest person I estimate a net worth of 20 million. You would never know. You would guess they make 250k a year. Mid 40s. Uber wealthy people don’t flaunt it. The $1 million a year do. The multimillion a year don’t.

Unbelievably false.

How many multimillionaires (annually) do you know?

[Anonymous]

In most ways, yes.

But I think people who pay close attention can tell that we never worry about money when making decisions. We worry about value because of how we were raised, but truly, money is not an issue for our life. We could certainly pursue a life where money would be an issue - we don't have that much by DCUM standards. But in our life, it is not.

And, no one pays close attention.

[Anonymous]

Anonymous wrote:The wealthiest person I estimate a net worth of 20 million. You would never know. You would guess they make 250k a year. Mid 40s. Uber wealthy people don’t flaunt it. The $1 million a year do. The multimillion a year don’t.

What a silly thing to say. I know someone with a several hundred million dollar a year net worth and they have several houses, including one for which they paid over $20M, they have a private jet, belong to several elite country clubs, drive a Bentley. They flaunt it, baby. They're very nice people. But obviously rich. And everyone knows it.

[Anonymous]

Suuuuper low key. Live like I'm middle class. You'd never know I'm actually slightly upper-middle-middle-class. Like I never pay extra so that I can get in the A boarding group on Southwest, even though we could technically afford it.

[Anonymous]

Anonymous wrote:Suuuuper low key. Live like I'm middle class. You'd never know I'm actually slightly upper-middle-middle-class. Like I never pay extra so that I can get in the A boarding group on Southwest, even though we could technically afford it.

You can do it, you just have to loudly mention that you have lots of miles from work.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ya'll know to prevent breakins and robberies at your home you should not be posting while you are on vacations?

I let DH post one picture of us or me on vacation and usually it is pretty innocuous. We don't post any pictures of 5 star accommodations. Generally it will be an outdoor nature shot of me or both of us.

All of my donations are anonymous. These total up to 7 figures.

+1
We typically post one time, near the end of the trip or once we are back home. Also, our Social media is locked down to "only friends" viewing it---no friends of friends and so on. That way, even if I post on day 1, the risk of robberies is zilch because I am not SM friends with people who are not actual friends. I only have 200 FB friends, because I don't accept friend requests from people I don't know really well (50+ of those are family).

Posting to 200 FB friends is the new Public Instagram though. Put that shiz on a group chat where it belongs.

[Anonymous]

The wealthiest people I know don’t flaunt their wealth in obvious, ostentatious ways.

Thinking of a close family member who eschews a country club membership (or really any kind of memberships - not even Costco!) and instead vacation at their second home. They take fabulous vacations as a family and spare no expense. They are paying for nephews and nieces college educations.

They are very private and aren’t the type to attend society functions, fundraisers, gala events; they just write huge anonymous checks. Second generation trust funders.