Things that wealthy people get for free or discounted that others pay for?

[Anonymous]

I take out loans/credit lines at ridiculously low rates and use them to buy properties at a discount (because of cash offer). I love this game!

[Anonymous]

Free iphone at a wedding
Free monogrammed towels
Cartier bracelet as the wedding keepsake

[Anonymous]

It used to be that colleges would remove application fees for legacies

[Anonymous]

Anonymous wrote:

Anonymous wrote:Advice on important topics—they can just call one of their contacts and get an answer easily

This.

I married into money and this is the biggest one, tbh.

Do my relatives get clothes pulled for them and sent in special? Sure. Their usual spots have their measurements and do initial alterations for free, too. Things get bundled together to make it seem like they are getting a great deal but they still pay for the clothes/bags/shoes.

All you need to do is mention the area in which you're having a problem and someone will chime in with what you should do or who you should speak to. It's all very quid pro as well.

Gary gives Tom legal advice.
Tom gives Gary's sister, Anne, financial advice.
Anne puts in a good word for Tom's wife, Claire, to get on the board of a charity she's interested in.
Claire uses her new position to convince the charity to use Gary's wife's sister's struggling catering company for their next fundraiser.

+1 It's very circular. Plus writing off luxuries as business expenses or receiving them free through work or friends' work. Country club memberships, event tickets, expensive lunches and dinners, trips, etc.

The wealthy always find ways to keep the financial benefits within their circles.

[Anonymous]

Deferred comp plan.. my husband has one through his company, just recently qualified. He can defer upto 75% of his income, 100% of his bonus and 100% of RSU's. Plus the regular 401k savings and megabackdoor roth. Tax savings at a higher income level could be HUGE.

[Anonymous]

Another one, I recently learned.. Hawaii is a popular spot for "refueling" for execs travelling in corporate jets. Another exec magically builds "business" trips in summer to Europe while his wife and kids tag along.

[Anonymous]

Anonymous wrote:Deferred comp plan.. my husband has one through his company, just recently qualified. He can defer upto 75% of his income, 100% of his bonus and 100% of RSU's. Plus the regular 401k savings and megabackdoor roth. Tax savings at a higher income level could be HUGE.

This is massive.

Plus DBP if you can swing it.

[Anonymous]

Don’t forget all the gourmet food and booze at social events, weddings, school reunions. Went to DH prep school reunion with tables of unlimited lobster tails, raw bar, sushi and good wine!

[Anonymous]

Anonymous wrote:Designer clothes

This is for famous people, not rich people.

[Anonymous]

Cadillac health insurance

[Anonymous]

You don’t really need to pay to use any kind of dating or networking services because you already have those connections

[Anonymous]

Anonymous wrote:

Anonymous wrote:Deferred comp plan.. my husband has one through his company, just recently qualified. He can defer upto 75% of his income, 100% of his bonus and 100% of RSU's. Plus the regular 401k savings and megabackdoor roth. Tax savings at a higher income level could be HUGE.

This is massive.

Plus DBP if you can swing it.

And life insurance

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Deferred comp plan.. my husband has one through his company, just recently qualified. He can defer upto 75% of his income, 100% of his bonus and 100% of RSU's. Plus the regular 401k savings and megabackdoor roth. Tax savings at a higher income level could be HUGE.

This is massive.

Plus DBP if you can swing it.

And life insurance

Nah. The wealthy self insure after a certain net worth.

[Anonymous]

Anonymous wrote:Entry to exclusive schools and clubs thay plebs can't get into.

You must have a certain personality - you can't simply write a check. One is invited to join clubs and other members write recommendation letters. Schools are different but you can't simply decide to attend.

[Anonymous]

Free college
jobs above their worth
don't pay taxes
pay cash so no interest
insider information for stocks
great healthcare
connections to get in with the best doctors
self care that prevents health issues
care for the elderly