Reply to If you grew up UC/UMC and now live a solidly MC life, how do you cope?

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Reply to "If you grew up UC/UMC and now live a solidly MC life, how do you cope?"

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[quote=Anonymous]My childhood best friend was like this. She grew up UMC - private schools, shopping sprees, any type of lesson imaginable, had the nicest apt in college, parents paid for everything. Then the parents got divorced, dad went bankrupt and eventually died.

She has never been a high earner or even a medium earner. I will guess her jobs paid 30-50k. She has struggled with spending and credit card bills her entire adult life. She ended up marrying a finance guy who did very well but was not like a hedge fund level guy. I know they had a lot of disagreements about money and eventually divorced. Her credit is really bad because she literally didn’t pay her high credit card bills from her 20s, let them go to collections, moved and changed phone numbers. She has excellent expensive taste, very polished and just likes to have the best of everything. She cannot budget.

I, on the other hand, grew up poor. She was my rich friend. I had nothing as a kid and worked hard in school. I married a high earner. He wasn’t high earning when we met and got married. I would have beeen fine if Dh earned 200k or $2m. Dh earns $2+m per year. I don’t really buy much and we save a lot.

I remind my children how their parents had nothing and how they have to work hard. I try not to spoil them with material items. We do experience a lot and vacation often.[/quote]

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