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Reply to "Does your social circle have a lot of family money/trust funds? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s an anonymous forum after all. Isn’t this the place to ask questions like this. I told the attitude from a lot of people with trust funds and family money is it’s crass to talk about it but again, it’s an anonymous forum. What does it really matter. Seems like a good place to be honest. [/quote] NP I have never heard this from someone directly but there are many people who had a neighbor/friend/relative tell me that person had a trust fund. I wonder if they know EVERYONE knows because one or their friends is a big mouth. It's also possible that it's not even the case and just assumed gossip.[/quote] I think it’s just obvious in some cases. 3 kids in private school, second home, husband is a civil engineer and they live in a 3m house and drive an escalade/bmw. You need a very large salary to carry this lifestyle. We have a $500k family income and live a fairly normal life with kids in public school, just happens to be a great neighborhood but totally normal house that would be $400k anywhere else. [/quote] None of this says trust fund to me. It says high income for a long time plus some inheritance. Engineers can do well. If you said all this plus “artist” then I would say maybe. [/quote] No, civil engineers that are in their 30’s and have been at the same company since college cannot do that well. Compensation is somewhat public now. You’re grossly underestimating the kind of salary you would need to support 4 kids in private and a 3m house. We have a $500k salary and that would be so wildly out of reach it’s laughable. Civil engineers in their 30’s don’t make 7 figure salaries. [/quote] Agree[/quote]
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