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Reply to "Secrets of rich people"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Think of your family -- your children and grandchildren, and the sacrifices your parents and grandparents made to get you where you are. What some would call "privilege" (such a silly term) is most often the result of previous generations of a family thinking about future generations of the family. I spend over $70k per year on private schools for my two children, max out my investments, but drive an old Toyota. I'd prefer to leave more for my children and grandchildren (and to teach them to do the same, as my father taught me) than to impress you with a Jaguar or Rolex. [/quote] But maybe it’s not to impress you? Maybe some people just really like fill in the blank and appreciate the quality!?! A lot of these posts come across [b]if you like nice things and quality you’re not doing it righ[/b]t.[/quote] No, that was not my intention. The key, in my view, is to only splurge on luxury items that hold real value, instead of luxurious consumer items that generally do not. When you begin to see a solid investment portfolio (and not a Birkin bag) as a "nice thing", then you're well on your way. [/quote]
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