Reply to When is it okay for rich people to spend money?

Forum Index » Money and Finances

Reply to "When is it okay for rich people to spend money?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think a lot of the resentment comes from seeing people who apparently have no other real personality traits or depth of character outside of having money to spend.  Particularly in this area, they just have no other things to talk about, other than how they're spending it.  Every single activity revolves around something that requires $$$ to even participate in.  Maybe it's just an east coast big city thing.  I do have some friends that are actually truly wealthy but they're otherwise normal and live beneath their means.  A certain depth of character that comes from working in more economically cyclical industries, perhaps.  The money/dbag spigot around here is always on full blast though.  I'm sure you're a good person OP![/quote]

It’s just DC. There are wealthy people in all big cities and in many non urban areas. I am from NYC and at least 90% of my friends are 1%ers. Only in DC enclaves do I see the level of shallowness (and also, classism) where everything is about aggressively spending money and talking about spending money as an end in itself.

My wealthiest NY friends have tons of money in the bank and live nice lives but they talk about ideas. They don’t socialize exclusively around social climbing and showing off.[/quote]

It’s because DC is the most competitive place on the planet, and if you don’t show off, how will everyone know you “won”? It isn’t about just quietly enjoying your money. [/quote]

I wonder who you're talking about in DC. Literally no one I know shows off about money, or cares about "winning". Quite the reverse. Those with wealth stay mighty quiet about it.

I've always had the impression that people who wave around visible signs of wealth aren't actually that rich, and come from backgrounds where they've surpassed their wildest expectations and are understandably chuffed; or need to signal, for career purposes, some very specific type of socio-economic belonging. But this is mostly done in a professional enough way that it isn't brazen and grating. Or maybe you're only metting the losers who aren't doing it right?

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics