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Reply to "Preppy/"Old" Money DC - tell me everything"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My kid went to one of these schools and that wasn’t our experience at all. Lots of new money. Most old money families have spent all their money. [/quote] Yes, this. Most "old" families don't have a ton of inherited money left. My husband is like a 10th+ generation local Northern Virginian. They had a friend who was from an even older family that was a professional equestrian move in with them for a while because she ran out of money.[/quote] My cousin married into "Old Money", however, crazy uncles lost most, if not all, of the money and Real State in Casino debts and bad businesses. The only thing left for her husband was enough money for a prestige college. He got a Law degree and makes his own money now. Clients came from all the connections...[/quote] They should have blown all the money. If you’re poor & smart enough to get into a prestige college, the college usually pays for the whole thing.[/quote]
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