A Week In Washington, DC, On A Joint $655,000 Income - Money Diary

[Anonymous]

If he only makes $120k that ain’t “big law.”

[Anonymous]

Anonymous wrote:

Anonymous wrote:I had no idea surgeons work such long hours - 6 am to after 6 pm; it's crazy. It's awesome that they give 3K/month to charity. I agree with the dog daycare, you can't leave the dogs alone at home for such a long time.

6 am to 6 pm is in no way crazy.

It is if you have to perform surgery.

[Anonymous]

wonder if she's on DCUM as well : )

[Anonymous]

Anonymous wrote:It’s hilarious to me that the $13 for Netflix was itemized on there.

She must be very meticulous.

She has no time to eat most of the days.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It’s hilarious to me that the $13 for Netflix was itemized on there.

She must be very meticulous.

She has no time to eat most of the days.

... eat lunch...

[Anonymous]

Anonymous wrote:If he only makes $120k that ain’t “big law.”

I guarantee he’s a Fed. If kids are in the cards they won’t have time for surgeon + Big Law.

[Anonymous]

What is family office? Can someone explain this to me? Just her and her husband or some big extended family?

[Anonymous]

Anonymous wrote:She has a friggin’ family office. That’s an indicator of massive family wealth. At least $20m in assets.

I mean she got enough money from GREAT grand-parents to buy a house free & clear. That means grandparents and her parents will have a lot more to pass on. Plus fully paid med school? That’s nuts.

It’s impressive that she pushed herself into surgery. She clearly didn’t need to do it.

The wealth likely dwarfs the annual $600K income.

+1

[Anonymous]

Anonymous wrote:What is family office? Can someone explain this to me? Just her and her husband or some big extended family?

https://en.wikipedia.org/wiki/Family_office

[Anonymous]

Anonymous wrote:What is family office? Can someone explain this to me? Just her and her husband or some big extended family?

FYI, family offices are very common amongst families with immense wealth.

A family office is a privately held company that handles investment management and wealth management for a wealthy family -- generally one with over $100 million in investable assets, with the goal being to effectively grow and transfer wealth across generations.

The company's financial capital is the family's own wealth.

Family offices also may handle tasks such as managing household staff, making travel arrangements, property management, day-to-day accounting and payroll activities, management of legal affairs, family management services, family governance, financial and investor education, coordination of philanthropy and private foundations, and succession planning.

A family office can cost over $1 million a year to operate, so the family's net worth usually exceeds $100 million in investable assets. Some family offices accept investments from people who are not members of the owning family.

[Anonymous]

So that's why she has a pre-nup. What an interesting person.

[Anonymous]

I found it interesting that the husband needs to pay off his law school debt himself given how wealthy her family is. That debt is nothing compared to her wealth.

[Anonymous]

Anonymous wrote:So that's why she has a pre-nup. What an interesting person.

Because her family is rich?

[Anonymous]

Anonymous wrote:

Anonymous wrote:So that's why she has a pre-nup. What an interesting person.

Because her family is rich?

No, because she seems incredibly disciplined and is a surgeon despite being rich. That's pretty interesting to me. Most rich people are educated but they don't have to go above and beyond if they don't want ot.

[Anonymous]

Anonymous wrote:I found it interesting that the husband needs to pay off his law school debt himself given how wealthy her family is. That debt is nothing compared to her wealth.

It’s her wealth, not his. Why should she pay for it?