Stuff Rich People Do

[Anonymous]

We're some of the wealthiest people in the world.

Our HHI is almost 250k.

United States dollars, of course.

We have two cars. A Honda AND a Toyota.

Both cars are under 9 years old.

[Anonymous]

When we were skiing at Deer Valley we saw a lot of people who hire a private ski instructor full time for their entire trip. This is about $1000/day (including tip). I talked to an instructor who works for the same family each year for their entire ten day trip. Their kids are old and know how to ski well, they just like to use the instructor to skip the lines and get some tips and a guide for the mountain. When I heard that I thought "so that is how the 1% of the 1% live).

[Anonymous]

Anonymous wrote:We're some of the wealthiest people in the world.

Our HHI is almost 250k.

United States dollars, of course.

We have two cars. A Honda AND a Toyota.

Both cars are under 9 years old.

Haha. Us, too.

HHI $125k

Two cars: Honda (2013) and Nissan (1998).

We ate out 4 times this week: Mexican, Vietnamese, Pizza, and burgers.

Livin' the life!

[Anonymous]

Anonymous wrote:

Anonymous wrote:We're some of the wealthiest people in the world.

Our HHI is almost 250k.

United States dollars, of course.

We have two cars. A Honda AND a Toyota.

Both cars are under 9 years old.

Haha. Us, too.

HHI $125k

Two cars: Honda (2013) and Nissan (1998).

We ate out 4 times this week: Mexican, Vietnamese, Pizza, and burgers.

Livin' the life!

Me again! Alright alright alright! Look at you!

I ate out yesterday. I added shrimp to my salad.

L I V I N

[Anonymous]

Baby night nurse
Nanny comes on family vacation
$1M+ beach house that is never rented even when the owners aren't using it
No financial planners
Non financially interested spouse doesn't know list of assets he/she owns (and doesn't worry about it because the significance of individual assets financially speaking are meaningless)
No budget (there is literally always money to pay for anything- consequently I would suggest that most wealthy people buy few times since the capability to buy almost anything causes them to be very discerning)
6+ figure estimated quarterly tax checks (on top of any withholding taxes from salaries)
Tax returns filed in numerous states (i.e. Not 2-3, but numerous)
Total business and individual tax returns can be in the dozens (they probably pay to their accountants more than the average American makes)
They have numerous law firms that represent businesses they own
They have numerous accountants that represent businesses they own
They have numerous insurance policies with numerous companies (they probably pay more in insurance premiums than the average American makes)
They have numerous banking relationships
Bank CEOs take them to lunch or dinner.
Charities send the head of donor relations to take them to lunch or dinner on the charity's dime.
They have lines of credits with limits in the millions and regularly borrow on them, max them out and pay them down to a zero balance
Banks will extend them unsecured lines of credits in the 6 and 7 figure range
They have side business ventures you never heard of that generate 6+ figure profits

[Anonymous]

Pp here. I forgot one

They are probably in at least one active lawsuit currently.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We're some of the wealthiest people in the world.

Our HHI is almost 250k.

United States dollars, of course.

We have two cars. A Honda AND a Toyota.

Both cars are under 9 years old.

Haha. Us, too.

HHI $125k

Two cars: Honda (2013) and Nissan (1998).

We ate out 4 times this week: Mexican, Vietnamese, Pizza, and burgers.

Livin' the life!

Me again! Alright alright alright! Look at you!

I ate out yesterday. I added shrimp to my salad.

L I V I N

[Anonymous]

My brother sells high end timeshares at a ski resort and recently had someone who already owned a condo (which was $500K) decide to buy a house (for $2M) but also keep the condo, because they often found themselves in the awkward position of wanting to invite acquaintances skiing -- like the parents of their kids' friends -- but didn't want to actually share a space with them. This is something they use maybe a half-dozen times a year (because they have a "real" house, a summer house in Nantucket, an apartment in NYC, a yacht, etc.). Also, their kids are in boarding school but sometimes fly up for the weekend in the private plane to ski.

[Anonymous]

Anonymous wrote:My brother sells high end timeshares at a ski resort and recently had someone who already owned a condo (which was $500K) decide to buy a house (for $2M) but also keep the condo, because they often found themselves in the awkward position of wanting to invite acquaintances skiing -- like the parents of their kids' friends -- but didn't want to actually share a space with them. This is something they use maybe a half-dozen times a year (because they have a "real" house, a summer house in Nantucket, an apartment in NYC, a yacht, etc.). Also, their kids are in boarding school but sometimes fly up for the weekend in the private plane to ski.

We have some friends that have 2 condos at a resort so they can invite another family along. As a recipient, it was quite generous and while I'd love to be able to offer my extra resort lodging to someon, it felt awkward on the receiving end.

[Anonymous]

Stays at $800/night hotels regularly, like the Ritz Carlton and the Four Seasons.

Four kids in private school, all full pay, plus big contributors to the annual school auction. One of the spouses sits on the school Bd of Trustees.

More than two of any of the following: personal assistant, personal private banker, maid (1-2x/mo cleaning lady doesn't count), personal chef, driver, night/weekend nanny).

This isn't us, btw. It's based on my observations of friends who I'd describe as rich.

[Anonymous]

Places I have not stepped foot in months -- a grocery store, a gas station or a dry cleaners. All the things that I need from these places are taking care of by someone else, without my ever even really thinking about them. It's like food is in the pantry and gas is in the tank and clean clothes are in my closet just magically without my ever having to think about it. But I do appreciate it greatly.

[Anonymous]

Anonymous wrote:Places I have not stepped foot in months -- a grocery store, a gas station or a dry cleaners. All the things that I need from these places are taking care of by someone else, without my ever even really thinking about them. It's like food is in the pantry and gas is in the tank and clean clothes are in my closet just magically without my ever having to think about it. But I do appreciate it greatly.

Sigh. I'll admit it. I'm sooo jealous.

[Anonymous]

Anonymous wrote:Places I have not stepped foot in months -- a grocery store, a gas station or a dry cleaners. All the things that I need from these places are taking care of by someone else, without my ever even really thinking about them. It's like food is in the pantry and gas is in the tank and clean clothes are in my closet just magically without my ever having to think about it. But I do appreciate it greatly.

I can say the same for the gas station and dry cleaners -- my husband does these tasks. And he probably has no clue what the inside of a grocery store looks like since that's my job.

[Anonymous]

Anonymous wrote:Places I have not stepped foot in months -- a grocery store, a gas station or a dry cleaners. All the things that I need from these places are taking care of by someone else, without my ever even really thinking about them. It's like food is in the pantry and gas is in the tank and clean clothes are in my closet just magically without my ever having to think about it. But I do appreciate it greatly.

That just sounds like the life of a child to me.

[Anonymous]

Anonymous wrote:Places I have not stepped foot in months -- a grocery store, a gas station or a dry cleaners. All the things that I need from these places are taking care of by someone else, without my ever even really thinking about them. It's like food is in the pantry and gas is in the tank and clean clothes are in my closet just magically without my ever having to think about it. But I do appreciate it greatly.

This belongs on the "why do husbands want a SAHM' thread.