Reply to Do you downplay your wealth? A social discussion NOT a money discussion...

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm not flashy but people aren't dumb and can clearly add things up in their head. The fact that I'm a SAHM, the fact have 4 kids, well-dressed, location of house etc etc.[/quote]

Lots of people like you - perhaps most - are loaded down with debt. They are one job loss away from serious trouble.

A high net worth is different.

[/quote]

Totally.  I don't every assume SAHMs are wealthy unless there is a ton of OTT factors at play [/quote]

Really? Huh. Interesting. I am the opposite, I usually assume their husbands must make a lot of $$$$$ Most of the SAHMs I know have cleaning ladies, part time or even full time nannies, houses in "good" school districts, expensive cars (50k + SUVs), pricey gym memberships and exercise classes (pure barre etc.) and kids are in private preschool and extracurriculars. [/quote]

I'm a SAHM with all of those things (oh wait, no nanny because I didn't want one). I've literally never, ever seen someone else with nice things and assumed they are in debt. I have a ton of SAHM friends and in our early 40's most families are buying second or third homes (vacation homes) and there is no doubt- they have the money. [/quote]

I'm a PP. This is exactly why we bought a house way below our means. We would have been miserable with neighbors like this. Chit chatting at PTA events or block parties about the merits of this or that vacation home or having a nanny as a SAHM would have done me in for sure. Maybe it's because we grew up middle class but its just not us at all and I didn't want my children surrounded by that.[/quote]

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