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Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Luck favors the prepared and hardworking. You can continue to make excuses for your lot in life or keeps trying like the rest of us smucks until we make it. Speaking as an immigrant that came to the US when I was 11. I wore used clothes donated by the local churches and was embarrassed at school for using subsidized lunch vouchers. Parents has to work multiple jobs but still had to be on welfare and food stamps for a few years. Fast forward 40 years, my own family's NW is now around 7mil.

Just curious PP, would you have ever been able to achieve that in your home country?

I guess we'll never know. But living under a communist regime wasn't our preferred choice so my mom took a risk and took us kids on a small boat along with 4-5 other families to escape. Just curious, would you take your kids on a small boat and float on the sea for 6 days risking pirates and storms for a better life?

No - that is hard to fathom. My grandparents came to the US with $20 in their pocket. And that was on a safe ship. I can't imagine what that was like, much less what your family did.

My ancestors came over on wooden boats during the 15-1600s and began a business here. I guess that was pretty brave. Would you sail on a rickety wooden boat today to an unknown land?

In the 16th century that was the height of innovation and technology! Would be the equivalent of us traveling 1st class to another country, no?

Kind of, if defecating in buckets, suffering from incurable infectious disease and malnutrition could be considered first class. I guess they were living pretty high on the hog.

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Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Luck favors the prepared and hardworking. You can continue to make excuses for your lot in life or keeps trying like the rest of us smucks until we make it. Speaking as an immigrant that came to the US when I was 11. I wore used clothes donated by the local churches and was embarrassed at school for using subsidized lunch vouchers. Parents has to work multiple jobs but still had to be on welfare and food stamps for a few years. Fast forward 40 years, my own family's NW is now around 7mil.

Just curious PP, would you have ever been able to achieve that in your home country?

I guess we'll never know. But living under a communist regime wasn't our preferred choice so my mom took a risk and took us kids on a small boat along with 4-5 other families to escape. Just curious, would you take your kids on a small boat and float on the sea for 6 days risking pirates and storms for a better life?

No - that is hard to fathom. My grandparents came to the US with $20 in their pocket. And that was on a safe ship. I can't imagine what that was like, much less what your family did.

My ancestors came over on wooden boats during the 15-1600s and began a business here. I guess that was pretty brave. Would you sail on a rickety wooden boat today to an unknown land?

In the 16th century that was the height of innovation and technology! Would be the equivalent of us traveling 1st class to another country, no?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Luck favors the prepared and hardworking. You can continue to make excuses for your lot in life or keeps trying like the rest of us smucks until we make it. Speaking as an immigrant that came to the US when I was 11. I wore used clothes donated by the local churches and was embarrassed at school for using subsidized lunch vouchers. Parents has to work multiple jobs but still had to be on welfare and food stamps for a few years. Fast forward 40 years, my own family's NW is now around 7mil.

Just curious PP, would you have ever been able to achieve that in your home country?

I guess we'll never know. But living under a communist regime wasn't our preferred choice so my mom took a risk and took us kids on a small boat along with 4-5 other families to escape. Just curious, would you take your kids on a small boat and float on the sea for 6 days risking pirates and storms for a better life?

No - that is hard to fathom. My grandparents came to the US with $20 in their pocket. And that was on a safe ship. I can't imagine what that was like, much less what your family did.

My ancestors came over on wooden boats during the 15-1600s and began a business here. I guess that was pretty brave. Would you sail on a rickety wooden boat today to an unknown land?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Honestly, I feel the same way and have to check myself. My bias is that most folks living in DC proper likely had down payments, tuition, and everything else handed to them and are sitting on trust funds/inheritance. I immediately dislike these folks and assume that they're worthless lazies and hyper pretentious. Yes, that's my bias and I try not to hire or interact with these folks. Am I right all the time? No. Am I right a good chunk of the time? Yes. Does it change anything? Not really. All you can do is keep working, OP. Raise your kids to be hard workers and hopefully keep them from being the handout, trust fund kids that we see so much of in this area. Honestly, you're likely more pleasant to be around anyway

you seriously think that? We are wealthy in many respects - 700K HHI, $2M home, paying for kids colleges in full, and live in DC "proper". Spouse and I had loving, stable homes as children. My spouse got zero help from parents and was actually homeless for a while in college. My parents helped some, but college was mostly loans and scholarships. We are wealthy now, but no way did we get "everything handed" to us. And my bet is that you are WRONG a good chunk of the time. You seem incredibly judgmental.

If you are 100% self made and living in a $2M house with a $700k income, it took you a while to get there. You’re likely 50+.

I didn't say I was 100% self made. Both spouse and I grew up in safe neighborhoods and intact families. No substance abuse, violence, etc. Good suburban schools. All gifts from our parents who cared for us deeply. But - no trust funds, tuition paid for, or other things that are always mentioned.

The path to at least UMC wealth in the US is pretty simple. Be smart, work hard, have a stable marriage, and avoid human failings like substance abuse, crime, and the like.

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Rich people love to tell the less wealthy to be grateful that at least they're not totally destitute. It's a great deflection from their leading role in perpetuating inequality.

No trust fund here. I am the first one to go to college in my family and my husband used money left to him when his dad died to go to college. We made our money. So sick of people like you.

No, you did not make your money. You gained an inheritance. You see the difference? THAT is exactly what this whole thread is on about. The privileged folks who can't seem to recognize their own privilege. Inheritance that pays for college is privilege.

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Luck favors the prepared and hardworking. You can continue to make excuses for your lot in life or keeps trying like the rest of us smucks until we make it. Speaking as an immigrant that came to the US when I was 11. I wore used clothes donated by the local churches and was embarrassed at school for using subsidized lunch vouchers. Parents has to work multiple jobs but still had to be on welfare and food stamps for a few years. Fast forward 40 years, my own family's NW is now around 7mil.

Just curious PP, would you have ever been able to achieve that in your home country?

I guess we'll never know. But living under a communist regime wasn't our preferred choice so my mom took a risk and took us kids on a small boat along with 4-5 other families to escape. Just curious, would you take your kids on a small boat and float on the sea for 6 days risking pirates and storms for a better life?

No - that is hard to fathom. My grandparents came to the US with $20 in their pocket. And that was on a safe ship. I can't imagine what that was like, much less what your family did.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Luck favors the prepared and hardworking. You can continue to make excuses for your lot in life or keeps trying like the rest of us smucks until we make it. Speaking as an immigrant that came to the US when I was 11. I wore used clothes donated by the local churches and was embarrassed at school for using subsidized lunch vouchers. Parents has to work multiple jobs but still had to be on welfare and food stamps for a few years. Fast forward 40 years, my own family's NW is now around 7mil.

My ancestors did this about 400 years ago. I think I would do the same for my own family today if I had to.

Just curious PP, would you have ever been able to achieve that in your home country?

I guess we'll never know. But living under a communist regime wasn't our preferred choice so my mom took a risk and took us kids on a small boat along with 4-5 other families to escape. Just curious, would you take your kids on a small boat and float on the sea for 6 days risking pirates and storms for a better life?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Luck favors the prepared and hardworking. You can continue to make excuses for your lot in life or keeps trying like the rest of us smucks until we make it. Speaking as an immigrant that came to the US when I was 11. I wore used clothes donated by the local churches and was embarrassed at school for using subsidized lunch vouchers. Parents has to work multiple jobs but still had to be on welfare and food stamps for a few years. Fast forward 40 years, my own family's NW is now around 7mil.

Just curious PP, would you have ever been able to achieve that in your home country?

I guess we'll never know. But living under a communist regime wasn't our preferred choice so my mom took a risk and took us kids on a small boat along with 4-5 other families to escape. Just curious, would you take your kids on a small boat and float on the sea for 6 days risking pirates and storms for a better life?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Luck favors the prepared and hardworking. You can continue to make excuses for your lot in life or keeps trying like the rest of us smucks until we make it. Speaking as an immigrant that came to the US when I was 11. I wore used clothes donated by the local churches and was embarrassed at school for using subsidized lunch vouchers. Parents has to work multiple jobs but still had to be on welfare and food stamps for a few years. Fast forward 40 years, my own family's NW is now around 7mil.

Just curious PP, would you have ever been able to achieve that in your home country?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Luck favors the prepared and hardworking. You can continue to make excuses for your lot in life or keeps trying like the rest of us smucks until we make it. Speaking as an immigrant that came to the US when I was 11. I wore used clothes donated by the local churches and was embarrassed at school for using subsidized lunch vouchers. Parents has to work multiple jobs but still had to be on welfare and food stamps for a few years. Fast forward 40 years, my own family's NW is now around 7mil.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Honestly, I feel the same way and have to check myself. My bias is that most folks living in DC proper likely had down payments, tuition, and everything else handed to them and are sitting on trust funds/inheritance. I immediately dislike these folks and assume that they're worthless lazies and hyper pretentious. Yes, that's my bias and I try not to hire or interact with these folks. Am I right all the time? No. Am I right a good chunk of the time? Yes. Does it change anything? Not really. All you can do is keep working, OP. Raise your kids to be hard workers and hopefully keep them from being the handout, trust fund kids that we see so much of in this area. Honestly, you're likely more pleasant to be around anyway

you seriously think that? We are wealthy in many respects - 700K HHI, $2M home, paying for kids colleges in full, and live in DC "proper". Spouse and I had loving, stable homes as children. My spouse got zero help from parents and was actually homeless for a while in college. My parents helped some, but college was mostly loans and scholarships. We are wealthy now, but no way did we get "everything handed" to us. And my bet is that you are WRONG a good chunk of the time. You seem incredibly judgmental.

If you are 100% self made and living in a $2M house with a $700k income, it took you a while to get there. You’re likely 50+.

I didn't say I was 100% self made. Both spouse and I grew up in safe neighborhoods and intact families. No substance abuse, violence, etc. Good suburban schools. All gifts from our parents who cared for us deeply. But - no trust funds, tuition paid for, or other things that are always mentioned.

The path to at least UMC wealth in the US is pretty simple. Be smart, work hard, have a stable marriage, and avoid human failings like substance abuse, crime, and the like.

If the path to at least UMC wealth is so simply most people would be able to achieve it. You're not as bright as you think you are.

And marriage is not going to happen for everyone.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.

Good for you. But luck really plays a huge a part in upward mobility.

Anonymous wrote:

Anonymous wrote:I am resentful of all the rich people who get down payments and college savings handed to them. Meanwhile here we are working like little bees getting nowhere.

Isn't that life? Why begrudge someone's good decisions? From now on you make good financial choices so that your children can be one of those rich people. I grew up dirt poor, no food no clothes. We couldn't even afford a home phone. I take pride in being the first one in my family to make a good decision and potentially having the ability to have college savings and a home down payment for my kids. My good decision was not getting pregnant in highschool or shortly after and not marrying in my early 20s.