The Poor Poor Middle Class with a 300k HHI

[Anonymous]

This title makes no sense. How can someone with a HHI of 2.5 million and an inheritance of millions of dollars see themselves as "in the middle"?

[Anonymous]

We have a net worth of around 3 million dollars in our late thirties. I don't consider us wealthy. To me, rich people are people like the Kardashians.

There is so much conspicuous consumption in the media nowadays.

[Anonymous]

Anonymous wrote:I've never had enough money to leave the country. I haven't flown on an airplane in over 10 years because we don't make enough to buy tickets. I drive to vacation but at least I get one. I'm middle class, the poor have no vacations.

Here we go again. Priorities, priorities.

[Anonymous]

Anonymous wrote:We have a net worth of around 3 million dollars in our late thirties. I don't consider us wealthy. To me, rich people are people like the Kardashians.

There is so much conspicuous consumption in the media nowadays.

The money makes you rich not being ostentatious. That's kind of the point of the article.

[Anonymous]

I thought the article was really interesting because it gets to the odd stigma of making a high HHI, which is partly why I believe everyone wants to call themselves middle-class. We've demonized rich people, so many have trouble identifying as one.

[Anonymous]

Anonymous wrote:I thought the article was really interesting because it gets to the odd stigma of making a high HHI, which is partly why I believe everyone wants to call themselves middle-class. We've demonized rich people, so many have trouble identifying as one.

No, I think it's more that as you have these HHIs, you associate more or see more of how the Other OTHER truly rich live and it makes you feel like you are not there. You always compare yourself to the people who TRULY have it, which will always be a layer above you.

[Anonymous]

Anonymous wrote:We have a net worth of around 3 million dollars in our late thirties. I don't consider us wealthy. To me, rich people are people like the Kardashians.

There is so much conspicuous consumption in the media nowadays.

hmmmm

[Anonymous]

Anonymous wrote:

Anonymous wrote:I thought the article was really interesting because it gets to the odd stigma of making a high HHI, which is partly why I believe everyone wants to call themselves middle-class. We've demonized rich people, so many have trouble identifying as one.

No, I think it's more that as you have these HHIs, you associate more or see more of how the Other OTHER truly rich live and it makes you feel like you are not there. You always compare yourself to the people who TRULY have it, which will always be a layer above you.

I'm not sure what your "no" is about. The people in the article were talking about hiding purchases from their housekeepers and things.

[Anonymous]

Did you catch the child's comment (in the article), upon returning from a $10,000 vacation with his father? "it was great," he said, "but next time we fly private like everyone else." WE FLY PRIVATE - LIKE EVERYONE ELSE.

[Anonymous]

Anonymous wrote:Did you catch the child's comment (in the article), upon returning from a $10,000 vacation with his father? "it was great," he said, "but next time we fly private like everyone else." WE FLY PRIVATE - LIKE EVERYONE ELSE.

Yeah that was really grating. If I had a kid who talked like that, I might slap him and would wonder where I went so wrong.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Did you catch the child's comment (in the article), upon returning from a $10,000 vacation with his father? "it was great," he said, "but next time we fly private like everyone else." WE FLY PRIVATE - LIKE EVERYONE ELSE.

Yeah that was really grating. If I had a kid who talked like that, I might slap him and would wonder where I went so wrong.

+1

This is why it's important to keep some perspective. If you compare yourself to the Klassy Kardashians, you'll never feel rich. But if you compare yourself to your own upbringing (for many of us here in the DMV) you'll feel quite satisfied. Same with kids - if you hang with people who fly private, that's their comparison. Find some people who are still here on planet earth to socialize with! Take your kids to a lesser developed country (and leave the resort) or send them to spend a week at a relative's house in a flyover state.

[Anonymous]

NO! ANYTHING BUT THE FLYOVER STATE!

[Anonymous]

Anonymous wrote:Did you catch the child's comment (in the article), upon returning from a $10,000 vacation with his father? "it was great," he said, "but next time we fly private like everyone else." WE FLY PRIVATE - LIKE EVERYONE ELSE.

I know some hideously rich people who will fly first class, but never private, simply because that's really bad for the environment. They drive to the airport, have fancy super close parking that is valet'd for them, then go in a private entrance, wait in the first class lounge that has shower facilities, and then board into first class. They're not slumming it at the regular gate with the plebes.

[Anonymous]

Anonymous wrote:Did you catch the child's comment (in the article), upon returning from a $10,000 vacation with his father? "it was great," he said, "but next time we fly private like everyone else." WE FLY PRIVATE - LIKE EVERYONE ELSE.

Did you read about hiding $6 bread?

[Anonymous]

It would be nice for people to understand that there are difference between people making 100k, 200k and 100M

People think that if you make 250K+ that's the same as being rich like bill gates.

Maybe these people are too stupid to realize that. overall the DC area has a middle class lifestyle at below the 500K HHI. New york its higher.