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[quote=Anonymous][quote=Anonymous]
That's probably the local culture and is not representative of all rich or wealthy people, or even a majority thereof. You do what you want and what makes you happy, while at the same time don't ridicule others who choose to behave differently with their money. It just as inane for you to find it in poor taste for others to spend their money as others may shun your thrifty lifestyle. There is no right or wrong answer in this, as it falls down to subjective preference. As long as the spending is within their means, there is no negative lesson to be learned from rich people spending their money in ways that pleases them. [/quote]

You people are so out of touch.  L.L. Bean *is* a luxury brand for most of the US.  We ordered from them once every few years to splurge on a good winter coat (mostly b/c it basically came with "insurance" with the lifetime guarantee and we were hard on our clothes)[/quote]
I was going to post this. I grew up UMC-wealthy, and LL Bean and especially JCrew were not our normal wear. It was a splurge as a high schooler to get a couple of JCrew pieces...and my mom probably spent more on our clothes than most of my friends' parents did. We mostly wore clothes like Gap, with maybe a JCrew winter coat. If NE boarding school kids were wearing mostly JCrew, then they were spending way more than I was living in a 7 figure HHI home.[/quote]

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