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Reply to "Why do you resist being called rich?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Just the phrase "saving for college" would not be uttered by a rich person. Ever. [/quote] The quoted post is shockingly stupid, but the above is quite possibly the silliest part of it. I don't think you actually know any rich people, guy. My family has a lot of millionaires, and I can tell you they save, and they save hard. They save for college, they set aside money for large purchases, they refuse to buy luxury items that aren't important to them. And they're rich, and they're going to stay rich because they're not stupid about it.[/quote] You are either delusional or ignorant. Just because they "save", it means nothing more than allocating a portion of their wealth to some things like college fund, trust fund, large purchases. The rich "allocate" what they already have, they don't have to "make" the money to pay for their kid's college, they can just write a check without this hitting their bottom line or ability to afford their lifestyle or retire whenever they want. But they still say they save, because they must allocate the funds. Yes, some rich people are not into luxuries, it's just their preference, but don't confuse them with someone who must save a portion of the income they earn in order to built their savings to a certain amount for years to come. [/quote] Hmm, does your family have a lot of wealthy people, guy? Do you know a lot of millionaires? Do you know how they live? I do, and my parents are millionaires, and they don't buy your bullshit either.[/quote] People making 500K are not necessarily millionaires, they can be after a certain number of years, but they also can be wasteful and not accumulate any wealth. They may live the lifestyle that would be regarded rich, which will lead to no savings, that is why they are not rich. [/quote]
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