Reply to Superficial way you judge people as rich ?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Indian Americans.

They live below their means but most are rich.   Even the poors have enough to pay for kids college, big fat 100K weddings, retirement, paid off home, kid's first car etc. 
[/quote]
How do they do it?[/quote]

B/c they have no retirement and expect their kids to pay for their life past 60. [b]They aren't rich[/b].[/quote]

:lol: This is not true at all. Indian-Americans are the wealthiest ethnic group in US.

https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_the_United_States_by_household_income[/quote]

Yes, income. But why do they need their kids to take care of them? [b]B/c they spent all their money on weddings, school etc[/b]. I have not met very many that are retired without their kids help. Not rich to me.[/quote]

It's just your perception or your social circle. There are significant cultural differences and American-Indians do not function like WASP Americans. Family is super important to us. We are not usually the products of broken families. Most of us are college educated. Most grandparents help in raising their grandkids and most build up generational wealth for their children.  Multi-generational living is not rare.

You can spend your money on your kid's schooling, weddings, on creating a comfortable home for your family,  OR, you can spend it on your expensive habits,  divorce, rehab, alimony, child support. [/quote]

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