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College and University Discussion
Reply to "What the "1%" majored in"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I interpreted as meaning that she doesn't spend money on frivolous things such as designer handbags, clothing, shoes. She doesn't feel the need the maintain a ridiculous routine of "maintenance" (i.e. hair, nails, botox, etc). She probably lives in a modest, albeit nice, home with normal furnishings. It sounds like she simply doesn't need to "keep up with the Joneses" for the daily life, but has prioritized the important things in life such as educating her children and showing them the world. Of course she can choose to live life the way she sees fit, but her point was that she is paving her own way rather than falling into the trap so many new-money 1%er's do by feeling the need to show off their money for things to simply keep up rather than doing what they really want - no matter what that may be for someone. I'm not sure why that bothers you so much.[/quote] Not at all atypical of the 1%. See The Millionaire Next Door.[/quote] I'm the PP you're quoting and I totally agree. My point was that there can be a trap for [u]some[/u] 1%er's (hate to say, but often when it's newly acquired) that they feel they have to behave a certain way. It's not true for everyone at all. After re-reading my response I agree it didn't really articulate that point well. I blame early morning posting without coffee...mea culpa...[/quote]
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