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Reply to "s/o - feeling "poor" at these ludicrously high incomes. what are they actually missing?"
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[quote=Anonymous]I think it's that as you move into different circles you become aware of additional things to desire/covet. Growing up, I never knew anyone with a beach house so it never occurred to me that I was missing out. But now that I know people who have them, I wonder if my kids are missing out because we don't. Same with super-expensive sleep away camps, a boat, etc. The list of things to desire just gets bigger. Also, we took music lessons with the little old lady around the corner growing up. But we found a serious teacher for our kid, which eventually moved to the world of expensive summer music camps, more expensive instruments, etc. That is probably the same with sports, etc. You grew up playing games in the neighborhood and now you know people who have three year olds taking private swimming lessons. Also, I think a lot of is stems from the cut-throat competitive atmosphere. Kids who don't take private lessons don't get into the orchestra at your high school; kids who don't take private lessons don't make the baseball team; you worry that your kids can't compete with the kids who have had math tutoring beginning in first grade and you start to panic that it's not just that you're being stupid and spoiled but that your child is being actively left behind compared to the people who appear ot have unlimited resources to spend on their children.[/quote]
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