Hanging around poor friends (low hhi)
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Anonymous
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Does this change your spending habits? I'm conflicted as to whether or not I should continue to hang around those with a low hhi - I feel like it lowers my economic expectations.
We make 500k a year and are ivy educated. My husband is a biglaw non equity partner and I'm a sahm - former psychologist. How does your lifestyle budget change with your human surroundings? We feel ashamed to spend money on a bugaboo when the locals use graco. Whole foods prepared lunches versus local groceries. Prestigious clothing versus hand me downs. Does anyone else deal with these psychological trappings of success? |
Anonymous
| No. Humility looks good on everyone, and there's no need to worry about how you measure up - no matter your place on the income spectrum. |
Anonymous
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Are these "locals" just frugal or do you know their HHIs?
I buy groceries at Giant and seldom darken Whole Foods. My favorite stroller was a used Maclaren. DH packs his lunch for work at his law firm and my kids wear hand me downs. We also pass along to friends any clothes that have life in them. Our HHI is $450k. I'm a lawyer turned SAHM. We just prioritize our savings and aren't shoppers. Splurge on what you want to when you can. Others will do the same as they see fit. I'd be afraid I was in junior high again if I felt the need to buy clothes/strollers/things just because my friends have them! |
Anonymous
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Wait, you're seriously considering ending friendships with people because it "lowers your economic expectations?" Please tell me this is a troll.
What if your friends didn't want to hang out with you because you're a SAHM and you're "lowering their professional expectations." You sound obnoxious OP. Why do you have to compare your HHI, which you're not even earning by the way, with others. Make your financial decisions off yourself and don't worry so much how others are doing. |
Anonymous
| Your husband field could disappear and I would save up |
Anonymous
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One of my best friends buys lunch at WF and pushes a fancy pants stroller. Her HHI is 1/8 mine.
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Anonymous
| Yes. Leave us poors alone. |
Anonymous
You are Ivey educated, so can you explain the sentence "I feel like it lowers my economic expectations" a little more |
Anonymous
| Don't feed the troll. |
Anonymous
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Really -- you need advice on whether you can hang out with your "poor friends?" Just because they're not making 500k a year doesn't mean they're "poor." And presumably you had something in common with them at some point or else you wouldn't be friends with them. FWIW, I don't think there's anything "poor" about buying a Graco stroller or shopping at local grocery stores.
You sound incredibly out of touch. |
Anonymous
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If OP isn't a troll, she's just a snotty bitch.
Lemme guess, OP, you called people "townies" back in school. From one ivy-educated, bugaboo-wielding, UMC SAHM to another, you suck. Big time. |
Anonymous
OP, thanks for this. I have a low HHI and attended a state school, so it's reassuring to know that rich, Ivy-educated people are much less intelligent than me. |
Anonymous
| I hope by psychologist you don't mean therapist, because I'd you're seriously considering cutting ties with "friends" due to income you should never advise anyone of anything. Yikes!! |
Anonymous
| Break up with your friends, OP. They're too good for you. |
Anonymous
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I just spend myself into 200k of consumer debt so I don't get dumped by my rich friends
So far they haven't caught on, so I feel like I'm winning |