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General Parenting Discussion
Reply to "When you meet other moms and their kids, what signals upper class?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m thinking of a mom who is very well put-together, trim, and pretty. Her kids are well behaved, other than a short-lived pout, and the family lives in one of those nice custom homes spanning 5 or 6,000 square feet in a good school district. The kids are wearing nice clothes, brand name shoes and go to nice camps. The family vacations in Hawaii, Mexico, the Caribbean and may travel back to their home country in August. Is this spot on? If not, what signals wealth with families in the DMV? [/quote] This is MC. Upper class is articulate, confident kids who can communicate with adults and children alike. All family members are trim and fit. Vacation at St Barts, Aspen, and Europe. Have at least one vacation home. Multiple kids in private school. Kind and not snobby. Live in 2500+ Sq ft house.... I say that because size doesn't matter as much as location and quality. House (no matter size) probably cost 1.5+.... I say this because some people just don't trade up as they age. They stay put, like Warren Buffet. Nice cars, may or may not be expensive, all in good condition.[/quote] It’s upper MC.[/quote] No it takes being in the top 2% in this city (or country) to sustain this. That is quantitative not qualitative. The only other way to define UC would be the way Europeans do, by royalty and titles. This is America, we define it by money. The top 2-5% are UC. Most have the above lifestyle. There will always be someone with more, but it doesn't mean you are UMC because you know someone with more.[/quote] +1[/quote] Top 5% income in US is 200,000. I don’t consider that upper class.[/quote] If you have top 5% wealth ($3M in assets) combined with HHI of top 5% (~300k in 2022), you are UC statically. What "you consider" is not an objective measure and therefore doesn't matter.[/quote]
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