Reply to Do wealthy kids at Big 3s actually hang with financial aid kids?

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[quote=Anonymous][quote=Anonymous]OK here is my take for what is worth on this interesting subject . Son attends one of these top referred to schools.

We are upper middle class, both professionals, net about 300k a year, live in nice home in a good neighborhood. We ar able to afford most creature comforts but nothing about our life by any means is extravagant.

However to our son, we are one of the "needy ones". Sounds ridiculous and it is. From when he was born he was a natural leader, he is a nice looking  kid and a gifted athlete. He also does very well in school.

I do think his athletic prowess has earned him respect and attention from his peers, regardless of how rich or how powerful their families might be. He wins the school games and everyone knows it.

At the sake of sounding like a braggart, he is considered to be one of if not the most popular boys. We do not vacation at our beach house in Nantucket, have box seats at any sporting venues, go to Aspen to ski or have a bowling alley in our basement, in fact our basement is still unfinished!

He is invited to many many great things, from trips to front row seats at games to the best clubs. I have never felt that our social standing (very average at his school) has affected HIS standing one iota. When he was young and came home wondering why WE don't have a beach house because three of his four closest friends did, I for a minute thought about switching him to public again. Then my husband reminded me "hey this is the way the world works, some will have more and some less, he better get used to that now".

I never ever let any of those peoples wealth define who we are or how we do things and I do believe that having done that early helped shape him to be the kid he is today. He is far more confident than many of his super wealthy friends/classmates.  Money buys privilege but does not buy integrity or confidence. Those things are taught, do not kid yourself.

I want to add I was also never a parent who groveled to be become friends with the ultra wealthy. So happens one is a close friend of mine because we share an unusual and common interest, other than that I am nice to everyone but do not expect much, and when occasional invites come my way its a nice surprise but it doesn't rock my world.  I am amazed though at how the average mom in our school is totally obsessed (and very transparent)  with those ultra wealthy families.

Trust me the kids see this and our apple will not fall far from your tree.[/quote]

How are you able to swing one of the top 3s fairly comfortably at a hhi of only $300K?  There have been so many threads that say that paying those tuition bills on any hhi under $400K is really tight?  Genuinely curious because we may be in the same position. [/quote]

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