Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Indian Americans.
They live below their means but most are rich. Even the poors have enough to pay for kids college, big fat 100K weddings, retirement, paid off home, kid's first car etc.
How do they do it?
B/c they have no retirement and expect their kids to pay for their life past 60. They aren't rich.
This is not true at all. Indian-Americans are the wealthiest ethnic group in US.
https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_the_United_States_by_household_income
Income is not wealth. And this does not take into consideration Location. They're concentrated in HCOL cities so of course they have higher salaries plus they're far more likely to be married.
What are you trying to argue?![]()
Yes, they are immigrants who come to America without wealth.
Yes, they are concentrated in HCOL areas and so have higher salaries. Also, mostly in high paying careers. Most likely to be married and remain married.
Yes, the first gen save to pay for kids college, weddings, help with other costs. Perhaps some money to grandkids too.
All of the above make them behave like the rich. But they certainly do not have other cultural tells of WASP rich people with generational wealth.
No, they are not dependent on their kids for their retirement. Most will have saved for retirement and live well. Multi-generational families are a cultural norm so that is not a function of poverty. They also do not have the cultural tells of WASP poor people who actually cannot afford their retirement. Living together in a multigenerational household is the way Indian Americans take care of the vulnerable generations (young and elderly). This eventually allows them to leapfrog into higher SES within a decade or two of arriving empty pocket into this country.
Most are college educated in STEM subjects. Even the SAHMs who choose to devote themselves to educating their kids.
+1
Indian-American here. Intergenerational living is such an astonishing wealth hack that I'm surprised it's not a universally-adopted practice.
Who the hell wants to live among in-laws. No thanks!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Indian Americans.
They live below their means but most are rich. Even the poors have enough to pay for kids college, big fat 100K weddings, retirement, paid off home, kid's first car etc.
How do they do it?
B/c they have no retirement and expect their kids to pay for their life past 60. They aren't rich.
This is not true at all. Indian-Americans are the wealthiest ethnic group in US.
https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_the_United_States_by_household_income
Income is not wealth. And this does not take into consideration Location. They're concentrated in HCOL cities so of course they have higher salaries plus they're far more likely to be married.
What are you trying to argue?![]()
Yes, they are immigrants who come to America without wealth.
Yes, they are concentrated in HCOL areas and so have higher salaries. Also, mostly in high paying careers. Most likely to be married and remain married.
Yes, the first gen save to pay for kids college, weddings, help with other costs. Perhaps some money to grandkids too.
All of the above make them behave like the rich. But they certainly do not have other cultural tells of WASP rich people with generational wealth.
No, they are not dependent on their kids for their retirement. Most will have saved for retirement and live well. Multi-generational families are a cultural norm so that is not a function of poverty. They also do not have the cultural tells of WASP poor people who actually cannot afford their retirement. Living together in a multigenerational household is the way Indian Americans take care of the vulnerable generations (young and elderly). This eventually allows them to leapfrog into higher SES within a decade or two of arriving empty pocket into this country.
Most are college educated in STEM subjects. Even the SAHMs who choose to devote themselves to educating their kids.
+1
Indian-American here. Intergenerational living is such an astonishing wealth hack that I'm surprised it's not a universally-adopted practice.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Indian Americans.
They live below their means but most are rich. Even the poors have enough to pay for kids college, big fat 100K weddings, retirement, paid off home, kid's first car etc.
How do they do it?
B/c they have no retirement and expect their kids to pay for their life past 60. They aren't rich.
This is not true at all. Indian-Americans are the wealthiest ethnic group in US.
https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_the_United_States_by_household_income
Income is not wealth. And this does not take into consideration Location. They're concentrated in HCOL cities so of course they have higher salaries plus they're far more likely to be married.
What are you trying to argue?![]()
Yes, they are immigrants who come to America without wealth.
Yes, they are concentrated in HCOL areas and so have higher salaries. Also, mostly in high paying careers. Most likely to be married and remain married.
Yes, the first gen save to pay for kids college, weddings, help with other costs. Perhaps some money to grandkids too.
All of the above make them behave like the rich. But they certainly do not have other cultural tells of WASP rich people with generational wealth.
No, they are not dependent on their kids for their retirement. Most will have saved for retirement and live well. Multi-generational families are a cultural norm so that is not a function of poverty. They also do not have the cultural tells of WASP poor people who actually cannot afford their retirement. Living together in a multigenerational household is the way Indian Americans take care of the vulnerable generations (young and elderly). This eventually allows them to leapfrog into higher SES within a decade or two of arriving empty pocket into this country.
Most are college educated in STEM subjects. Even the SAHMs who choose to devote themselves to educating their kids.
+1
Indian-American here. Intergenerational living is such an astonishing wealth hack that I'm surprised it's not a universally-adopted practice.
Most of us can’t stand our in-laws. Mine are ok, but I can’t live with them full time.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Indian Americans.
They live below their means but most are rich. Even the poors have enough to pay for kids college, big fat 100K weddings, retirement, paid off home, kid's first car etc.
How do they do it?
B/c they have no retirement and expect their kids to pay for their life past 60. They aren't rich.
This is not true at all. Indian-Americans are the wealthiest ethnic group in US.
https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_the_United_States_by_household_income
Income is not wealth. And this does not take into consideration Location. They're concentrated in HCOL cities so of course they have higher salaries plus they're far more likely to be married.
What are you trying to argue?![]()
Yes, they are immigrants who come to America without wealth.
Yes, they are concentrated in HCOL areas and so have higher salaries. Also, mostly in high paying careers. Most likely to be married and remain married.
Yes, the first gen save to pay for kids college, weddings, help with other costs. Perhaps some money to grandkids too.
All of the above make them behave like the rich. But they certainly do not have other cultural tells of WASP rich people with generational wealth.
No, they are not dependent on their kids for their retirement. Most will have saved for retirement and live well. Multi-generational families are a cultural norm so that is not a function of poverty. They also do not have the cultural tells of WASP poor people who actually cannot afford their retirement. Living together in a multigenerational household is the way Indian Americans take care of the vulnerable generations (young and elderly). This eventually allows them to leapfrog into higher SES within a decade or two of arriving empty pocket into this country.
Most are college educated in STEM subjects. Even the SAHMs who choose to devote themselves to educating their kids.
+1
Indian-American here. Intergenerational living is such an astonishing wealth hack that I'm surprised it's not a universally-adopted practice.
Anonymous wrote:Pakistani American here. Every Pakistani American is at least upper middle class if not upper class, in come and by second generation in wealth. We like loud bright colors and heavy makeup and designer goods. We live in mansions in Great Falls and are doctors, cardiologists, lawyers and business people. We can also be gas station millionaires.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Indian Americans.
They live below their means but most are rich. Even the poors have enough to pay for kids college, big fat 100K weddings, retirement, paid off home, kid's first car etc.
How do they do it?
B/c they have no retirement and expect their kids to pay for their life past 60. They aren't rich.
This is not true at all. Indian-Americans are the wealthiest ethnic group in US.
https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_the_United_States_by_household_income
Income is not wealth. And this does not take into consideration Location. They're concentrated in HCOL cities so of course they have higher salaries plus they're far more likely to be married.
What are you trying to argue?![]()
Yes, they are immigrants who come to America without wealth.
Yes, they are concentrated in HCOL areas and so have higher salaries. Also, mostly in high paying careers. Most likely to be married and remain married.
Yes, the first gen save to pay for kids college, weddings, help with other costs. Perhaps some money to grandkids too.
All of the above make them behave like the rich. But they certainly do not have other cultural tells of WASP rich people with generational wealth.
No, they are not dependent on their kids for their retirement. Most will have saved for retirement and live well. Multi-generational families are a cultural norm so that is not a function of poverty. They also do not have the cultural tells of WASP poor people who actually cannot afford their retirement. Living together in a multigenerational household is the way Indian Americans take care of the vulnerable generations (young and elderly). This eventually allows them to leapfrog into higher SES within a decade or two of arriving empty pocket into this country.
Most are college educated in STEM subjects. Even the SAHMs who choose to devote themselves to educating their kids.
+1
Indian-American here. Intergenerational living is such an astonishing wealth hack that I'm surprised it's not a universally-adopted practice.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Indian Americans.
They live below their means but most are rich. Even the poors have enough to pay for kids college, big fat 100K weddings, retirement, paid off home, kid's first car etc.
How do they do it?
B/c they have no retirement and expect their kids to pay for their life past 60. They aren't rich.
This is not true at all. Indian-Americans are the wealthiest ethnic group in US.
https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_the_United_States_by_household_income
Income is not wealth. And this does not take into consideration Location. They're concentrated in HCOL cities so of course they have higher salaries plus they're far more likely to be married.
What are you trying to argue?![]()
Yes, they are immigrants who come to America without wealth.
Yes, they are concentrated in HCOL areas and so have higher salaries. Also, mostly in high paying careers. Most likely to be married and remain married.
Yes, the first gen save to pay for kids college, weddings, help with other costs. Perhaps some money to grandkids too.
All of the above make them behave like the rich. But they certainly do not have other cultural tells of WASP rich people with generational wealth.
No, they are not dependent on their kids for their retirement. Most will have saved for retirement and live well. Multi-generational families are a cultural norm so that is not a function of poverty. They also do not have the cultural tells of WASP poor people who actually cannot afford their retirement. Living together in a multigenerational household is the way Indian Americans take care of the vulnerable generations (young and elderly). This eventually allows them to leapfrog into higher SES within a decade or two of arriving empty pocket into this country.
Most are college educated in STEM subjects. Even the SAHMs who choose to devote themselves to educating their kids.
Anonymous wrote:Pakistani American here. Every Pakistani American is at least upper middle class if not upper class, in come and by second generation in wealth. We like loud bright colors and heavy makeup and designer goods. We live in mansions in Great Falls and are doctors, cardiologists, lawyers and business people. We can also be gas station millionaires.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Indian Americans.
They live below their means but most are rich. Even the poors have enough to pay for kids college, big fat 100K weddings, retirement, paid off home, kid's first car etc.
How do they do it?
B/c they have no retirement and expect their kids to pay for their life past 60. They aren't rich.
This is not true at all. Indian-Americans are the wealthiest ethnic group in US.
https://en.wikipedia.org/wiki/List_of_ethnic_groups_in_the_United_States_by_household_income
Yes, income. But why do they need their kids to take care of them? B/c they spent all their money on weddings, school etc. I have not met very many that are retired without their kids help. Not rich to me.
It's just your perception or your social circle. There are significant cultural differences and American-Indians do not function like WASP Americans. Family is super important to us. We are not usually the products of broken families. Most of us are college educated. Most grandparents help in raising their grandkids and most build up generational wealth for their children. Multi-generational living is not rare.
You can spend your money on your kid's schooling, weddings, on creating a comfortable home for your family, OR, you can spend it on your expensive habits, divorce, rehab, alimony, child support.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Women's handbag .
Lol. Worth millions but I carry an lol bean tote bag.
You exude middle class.
Anonymous wrote:- a quiet confidence and sense of ease. I can’t explain it. They’re relaxed looking.
- nice demeanor and friendly and approachable.
- thin and healthy looking. Glossy hair, clear healthy skin, straight healthy gums and teeth.
- no obvious signs of striving. Not decked in designer clothes or jewelry.
- surprisingly thrifty. Use the library instead of buying every new best seller. Buy children’s clothes on eBay as opposed to boutique stores.
- home decorated sparsely but tastefully with antiques and nice carpets.
- biggest expenses are home in a nice zip code + private school
Anonymous wrote:Anonymous wrote:Anonymous wrote:Women's handbag .
Lol. Worth millions but I carry an lol bean tote bag.
You exude middle class.
Anonymous wrote:Anonymous wrote:Spray tans have come a long way in the last few years, don't assume you can tell who has one.
It’s not the spray tan itself, it’s the mindset of someone who would get one…