Stuff Rich People Do

[Anonymous]

Anonymous wrote:

Anonymous wrote:When you refer to HHI you are not rich. You may be very well off, but you are not rich if that HHI spigot can ever be turned off.

True. Rich is when you only care about the net worth you've already accumulated...and you minimize HHI, covering expenses while minimizing taxes.

Which, incidentally, is why we should introduce an annual wealth tax and reduce income tax rates.

Right, because you are surely entitled to a share of the wealth that someone else has already created. Assume that you love estate taxes as well. Everybody hand over their money for the greater good!

[Anonymous]

We have a hhi of $2M and a net worth of nearly $10M.
I just replaced my 5 year old purse with one from Macy's that was $60.

[Anonymous]

^^ Very 'old money' of you.

[Anonymous]

Anonymous wrote:Rich people wonder if a HHI of 450k is rich

Actually, rich people know that it's not.

[Anonymous]

Anonymous wrote:^^ Very 'old money' of you.

Some people are just not into purses. My wife just isn't. She gets a new Mercedes every two years, but is not into purses, designer clothing, or jewelry except for the huge rock on her engagement ring.

[Anonymous]

Anonymous wrote:We have a hhi of $2M and a net worth of nearly $10M.
I just replaced my 5 year old purse with one from Macy's that was $60.

Op here- your 5yo has a purse! We would never cut it

[Anonymous]

As someone with a HHI of $120k, this thread depresses me and reminds me of the many places I've fallen short in life. Thanks OP.

[Anonymous]

Poor here. Doesn't depress me but I still think about the horse being flown around to meet the girl on vacations.

[Anonymous]

Anonymous wrote:As someone with a HHI of $120k, this thread depresses me and reminds me of the many places I've fallen short in life. Thanks OP.

150k HHI here and feel like a peasant

[Anonymous]

1) Two country clubs here, just because... and do not use all summer because they are at summer home where they belong to a 3rd.

2) Forget they are rich and complain about the cost of things (sunscreen??) and talk about the great deal they just got at Costco. Seriously? You live in a $3 million house and have a second home.

[Anonymous]

As a pet groomer, I would say 9 out of 10 rich people are penny hogs. (From what we see) We always know who will complain on price or have a poorly cared for dog. Usually by looking at the purse or the car they drive. They do not tip a dollar. They complain about 1-3 dollar increases per year, they refuse to brush their pets and so on. Literally they will spend 10 minutes in the lobby complaining about a $60 once a month expense. They also stretch out appointments that should be 4 weeks to 6-8-12 weeks. Yet, they will have a brand new 70-100k car every other year. Now middle class people are awesome! They take good care of the pets that come in and they tip $5-10. Coming in on a normal 4-5 week basis.

[Anonymous]

Anonymous wrote:

Anonymous wrote:As someone with a HHI of $120k, this thread depresses me and reminds me of the many places I've fallen short in life. Thanks OP.

150k HHI here and feel like a peasant

And that is about three times the median national average.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:As someone with a HHI of $120k, this thread depresses me and reminds me of the many places I've fallen short in life. Thanks OP.

150k HHI here and feel like a peasant

And that is about three times the median national average.

Just stop. The median national house price is also $188K while the median DC house price is $545K, so things here just cost more, OKAY?

[Anonymous]

Anonymous wrote:1) Two country clubs here, just because... and do not use all summer because they are at summer home where they belong to a 3rd.

2) Forget they are rich and complain about the cost of things (sunscreen??) and talk about the great deal they just got at Costco. Seriously? You live in a $3 million house and have a second home.

How do you think they have a second home? By blowing they money on you?

[Anonymous]

Anonymous wrote:

Anonymous wrote:^^ Very 'old money' of you.

Some people are just not into purses. My wife just isn't. She gets a new Mercedes every two years, but is not into purses, designer clothing, or jewelry except for the huge rock on her engagement ring.

+1

Rich people do their own thing. They are not concerned with who is carrying what purse, that's for damn sure.

Rich people usually drive their cars for a long time, instead of blowing money every few years on a car.