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][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]

How's life in you very small bubble of wealth and privilege?[/quote]

I guess it's good enough that I don't have to look at others through my envy bubble and assume they are all in debt.

Hey- if you have a lot of money and live a very austere life I think that that's great! If you are like most people, though, you'd buy a home that fits your family nicely. You'd live in a good school district or be able to afford private. You would probably take some nice vacations. None of that is so awful, if you can afford it. You'd also probably do what we do, which is to donate between 10 and 15% of your earnings to those less fortunate. None of that makes anyone a villain, to me.[/quote]

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