Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Where does this notion come from that wealthy people don't drive nice cars?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]The notion comes from outdated ideas about old money, which were based on a small subset of people from Massachusetts post-Depression era, who had to economize because they lost money then. Or they lived on trust funds which meant that they had to adhere to essentially a fixed income for life so thet had to be frugal. The notion also comes from The Millionaire Next Door and the portrait of a modest small business owner (the new geomancy farmer, if you will) and that this was one of the characteristics. Combine that with the other financial writers of the era who said that economizing on everyday items could help a person get ahead: skip the lattes, etc. I live in CA and rich people drive expensive cars. There is just a lot of emphasis on driving and cars in general but I do think people overextend themselves in order to drive an expensive car because of how it looks. Rich people today have a lot more money than rich people did 20 years ago.[/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
