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Reply to "Shoe, Cars, Purses, and Country Clubs Why Are These Status Symbols So Important?"
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[quote=Anonymous]I think it's more that these trappings are indicative of lifestyle. I don't know any families where mom drives a Cayenne and they belong to a CC, but they have no assets. Actually, the moms with the fancy clothes and such tend to be SAHMs, have second homes at the beach or in Colorado, babysitters, husbands are BigLaw partners or CEOs, etc. there is another lower set who might have the purses and the CC and such without the other homes and great vacations, but that doesn't mean they have no assets necessarily - these tend to be working moms at least part time.[/quote]
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