Anonymous wrote:Anonymous wrote:Alright, since the debate on who constitutes "Upper Middle Class" is hotly debated on here, and people can't see to agree on whether 250-500K is rich or just barely making it as middle class, who on here lives a "rich" lifestyle and what is your HHI? Since people with 500K apparently budget carefully, drive 10 year Hondas, go to public school, and have modest vacations at the beach, who are all these people in the area that people complain about on the private schools forum who are in a bubble of wealth jetting off on fancy vacations and letting their 7th graders wear designer clothes? If you can afford to do several of the following, what is your HHI?
--Drive luxury vehicles (BMW, Acura, Audi, Mercedes, etc.) [b]have one for entire family including nanny and have collectables[/b]
--Live in a 1 million or more house in a nice neighborhood (NW DC, Bethesda, Chevy Chase, Arlington, McLean, or even Capitol Hill). 2million home in DC area, condo Vail, home Intercostal waterway and boat
--Fully fund retirement what retirement -- we don't work
--Fully fund 529s so your kid can go to the best college they can get into, even private school private all the way goes without saying
--Send your kids to private schools like Sidwell, NCS, GDS, etc. Boarding school
--Have elaborate vacations that frequently involve international travel, like most spring or Christmas breaks the Caribbean or Hawaii along with more occasional big trips to Europe, Africa, or Asia home in France, Vacation in Vail at our home. Fly private
--Afford music lessons, travel sports, tutors, and other enrichment, including expensive camps dressage lessons, flying lessons
--Allow your kids to wear designer labels, like a freshman in high school wearing $150 dollar jeans (7s, Diesel, etc.) when slumming
--Buy handbags that are 1000+ on occasion Berkin
--Invest some money in taxable investments after maxing out 401K and IRA our interest makes interest
--Have the occasional date night at a high end restaurant where you can blow $250 dollars on food and wine on a nice tasting menu fly to Paris
I'm curious, because there seems to be many neighborhoods filled with luxury vehicles, many people living in 1 million + houses, and many people in the DC area who enjoy travel, and many who complain about expensive clothes being worn in schools (both public and private)
Such quaint ideas about being rich. That is upper middle class.
Anonymous wrote:Alright, since the debate on who constitutes "Upper Middle Class" is hotly debated on here, and people can't see to agree on whether 250-500K is rich or just barely making it as middle class, who on here lives a "rich" lifestyle and what is your HHI? Since people with 500K apparently budget carefully, drive 10 year Hondas, go to public school, and have modest vacations at the beach, who are all these people in the area that people complain about on the private schools forum who are in a bubble of wealth jetting off on fancy vacations and letting their 7th graders wear designer clothes? If you can afford to do several of the following, what is your HHI?
--Drive luxury vehicles (BMW, Acura, Audi, Mercedes, etc.)
--Live in a 1 million or more house in a nice neighborhood (NW DC, Bethesda, Chevy Chase, Arlington, McLean, or even Capitol Hill).
--Fully fund retirement
--Fully fund 529s so your kid can go to the best college they can get into, even private school
--Send your kids to private schools like Sidwell, NCS, GDS, etc.
--Have elaborate vacations that frequently involve international travel, like most spring or Christmas breaks the Caribbean or Hawaii along with more occasional big trips to Europe, Africa, or Asia
--Afford music lessons, travel sports, tutors, and other enrichment, including expensive camps
--Allow your kids to wear designer labels, like a freshman in high school wearing $150 dollar jeans (7s, Diesel, etc.)
--Buy handbags that are 1000+ on occasion
--Invest some money in taxable investments after maxing out 401K and IRA
--Have the occasional date night at a high end restaurant where you can blow $250 dollars on food and wine on a nice tasting menu
I'm curious, because there seems to be many neighborhoods filled with luxury vehicles, many people living in 1 million + houses, and many people in the DC area who enjoy travel, and many who complain about expensive clothes being worn in schools (both public and private)
Anonymous wrote:Alright, since the debate on who constitutes "Upper Middle Class" is hotly debated on here, and people can't see to agree on whether 250-500K is rich or just barely making it as middle class, who on here lives a "rich" lifestyle and what is your HHI? Since people with 500K apparently budget carefully, drive 10 year Hondas, go to public school, and have modest vacations at the beach, who are all these people in the area that people complain about on the private schools forum who are in a bubble of wealth jetting off on fancy vacations and letting their 7th graders wear designer clothes? If you can afford to do several of the following, what is your HHI?
--Drive luxury vehicles (BMW, Acura, Audi, Mercedes, etc.) [b]have one for entire family including nanny and have collectables[/b]
--Live in a 1 million or more house in a nice neighborhood (NW DC, Bethesda, Chevy Chase, Arlington, McLean, or even Capitol Hill). 2million home in DC area, condo Vail, home Intercostal waterway and boat
--Fully fund retirement what retirement -- we don't work
--Fully fund 529s so your kid can go to the best college they can get into, even private school private all the way goes without saying
--Send your kids to private schools like Sidwell, NCS, GDS, etc. Boarding school
--Have elaborate vacations that frequently involve international travel, like most spring or Christmas breaks the Caribbean or Hawaii along with more occasional big trips to Europe, Africa, or Asia home in France, Vacation in Vail at our home. Fly private
--Afford music lessons, travel sports, tutors, and other enrichment, including expensive camps dressage lessons, flying lessons
--Allow your kids to wear designer labels, like a freshman in high school wearing $150 dollar jeans (7s, Diesel, etc.) when slumming
--Buy handbags that are 1000+ on occasion Berkin
--Invest some money in taxable investments after maxing out 401K and IRA our interest makes interest
--Have the occasional date night at a high end restaurant where you can blow $250 dollars on food and wine on a nice tasting menu fly to Paris
I'm curious, because there seems to be many neighborhoods filled with luxury vehicles, many people living in 1 million + houses, and many people in the DC area who enjoy travel, and many who complain about expensive clothes being worn in schools (both public and private)
Anonymous wrote:Anonymous wrote:Anonymous wrote:Alright, since the debate on who constitutes "Upper Middle Class" is hotly debated on here, and people can't see to agree on whether 250-500K is rich or just barely making it as middle class, who on here lives a "rich" lifestyle and what is your HHI? Since people with 500K apparently budget carefully, drive 10 year Hondas, go to public school, and have modest vacations at the beach, who are all these people in the area that people complain about on the private schools forum who are in a bubble of wealth jetting off on fancy vacations and letting their 7th graders wear designer clothes? If you can afford to do several of the following, what is your HHI?
--Drive luxury vehicles (BMW, Acura, Audi, Mercedes, etc.) Drive Pruis.
--Live in a 1 million or more house in a nice neighborhood (NW DC, Bethesda, Chevy Chase, Arlington, McLean, or even Capitol Hill).
--Fully fund retirement
--Fully fund 529s so your kid can go to the best college they can get into, even private school This is silly, fully funded for state school and have other savings if they go out of state or to a private college/University.
--Send your kids to private schools like Sidwell, NCS, GDS, etc.no need with public as good as it is in McLean.
--Have elaborate vacations that frequently involve international travel, like most spring or Christmas breaks the Caribbean or Hawaii along with more occasional big trips to Europe, Africa, or Asia no
--Afford music lessons, travel sports, tutors, and other enrichment, including expensive camps yes, except no to travel sports
--Allow your kids to wear designer labels, like a freshman in high school wearing $150 dollar jeans (7s, Diesel, etc.) they wear what they want to wear.
--Buy handbags that are 1000+ on occasion no need
--Invest some money in taxable investments after maxing out 401K and IRA yes
--Have the occasional date night at a high end restaurant where you can blow $250 dollars on food and wine on a nice tasting menu yes, but, generally don't go for the wine, prefer a nice cocktail
I'm curious, because there seems to be many neighborhoods filled with luxury vehicles, many people living in 1 million + houses, and many people in the DC area who enjoy travel, and many who complain about expensive clothes being worn in schools (both public and private)
We also donate 7-10% of our gross income. Rich by my standards, but not by DCUM's.
You forgot your HHI. And I swear I've never seen a Prius in McLean that doesn't have DC plates.
--fellow McLean resident.
Anonymous wrote:You don't need to be truly rich to do those things, but you do need to be comfortable. Truly rich means you can hire a private jet for your vacations and could have multiple houses around the world, etc.
I see. So privileged beyond belief compared to the rest of the world, developed or not is not considered rich on this forum. You need to be Koch Brothers/Bill Gates rich to be truly rich. Or at least movie star rich. Got it.
Anonymous wrote:Anonymous wrote:Alright, since the debate on who constitutes "Upper Middle Class" is hotly debated on here, and people can't see to agree on whether 250-500K is rich or just barely making it as middle class, who on here lives a "rich" lifestyle and what is your HHI? Since people with 500K apparently budget carefully, drive 10 year Hondas, go to public school, and have modest vacations at the beach, who are all these people in the area that people complain about on the private schools forum who are in a bubble of wealth jetting off on fancy vacations and letting their 7th graders wear designer clothes? If you can afford to do several of the following, what is your HHI?
--Drive luxury vehicles (BMW, Acura, Audi, Mercedes, etc.)
--Live in a 1 million or more house in a nice neighborhood (NW DC, Bethesda, Chevy Chase, Arlington, McLean, or even Capitol Hill).
--Fully fund retirement
--Fully fund 529s so your kid can go to the best college they can get into, even private school
--Send your kids to private schools like Sidwell, NCS, GDS, etc.
--Have elaborate vacations that frequently involve international travel, like most spring or Christmas breaks the Caribbean or Hawaii along with more occasional big trips to Europe, Africa, or Asia
--Afford music lessons, travel sports, tutors, and other enrichment, including expensive camps
--Allow your kids to wear designer labels, like a freshman in high school wearing $150 dollar jeans (7s, Diesel, etc.)
--Buy handbags that are 1000+ on occasion
--Invest some money in taxable investments after maxing out 401K and IRA
--Have the occasional date night at a high end restaurant where you can blow $250 dollars on food and wine on a nice tasting menu
I'm curious, because there seems to be many neighborhoods filled with luxury vehicles, many people living in 1 million + houses, and many people in the DC area who enjoy travel, and many who complain about expensive clothes being worn in schools (both public and private)
No fancy cars
Yes, million dollar house in CC
Yes to private school
No elaborate vacations
Moderate sleep away camps
No designer clothes for kids
Used to buy expensive handbags, no longer
No expensive date nights and very little savings
Planning on giving up private school to increase savings
Anonymous wrote:Alright, since the debate on who constitutes "Upper Middle Class" is hotly debated on here, and people can't see to agree on whether 250-500K is rich or just barely making it as middle class, who on here lives a "rich" lifestyle and what is your HHI? Since people with 500K apparently budget carefully, drive 10 year Hondas, go to public school, and have modest vacations at the beach, who are all these people in the area that people complain about on the private schools forum who are in a bubble of wealth jetting off on fancy vacations and letting their 7th graders wear designer clothes? If you can afford to do several of the following, what is your HHI?
--Drive luxury vehicles (BMW, Acura, Audi, Mercedes, etc.)
--Live in a 1 million or more house in a nice neighborhood (NW DC, Bethesda, Chevy Chase, Arlington, McLean, or even Capitol Hill).
--Fully fund retirement
--Fully fund 529s so your kid can go to the best college they can get into, even private school
--Send your kids to private schools like Sidwell, NCS, GDS, etc.
--Have elaborate vacations that frequently involve international travel, like most spring or Christmas breaks the Caribbean or Hawaii along with more occasional big trips to Europe, Africa, or Asia
--Afford music lessons, travel sports, tutors, and other enrichment, including expensive camps
--Allow your kids to wear designer labels, like a freshman in high school wearing $150 dollar jeans (7s, Diesel, etc.)
--Buy handbags that are 1000+ on occasion
--Invest some money in taxable investments after maxing out 401K and IRA
--Have the occasional date night at a high end restaurant where you can blow $250 dollars on food and wine on a nice tasting menu
I'm curious, because there seems to be many neighborhoods filled with luxury vehicles, many people living in 1 million + houses, and many people in the DC area who enjoy travel, and many who complain about expensive clothes being worn in schools (both public and private)
Anonymous wrote:Anonymous wrote:Alright, since the debate on who constitutes "Upper Middle Class" is hotly debated on here, and people can't see to agree on whether 250-500K is rich or just barely making it as middle class, who on here lives a "rich" lifestyle and what is your HHI? Since people with 500K apparently budget carefully, drive 10 year Hondas, go to public school, and have modest vacations at the beach, who are all these people in the area that people complain about on the private schools forum who are in a bubble of wealth jetting off on fancy vacations and letting their 7th graders wear designer clothes? If you can afford to do several of the following, what is your HHI?
--Drive luxury vehicles (BMW, Acura, Audi, Mercedes, etc.) Drive Pruis.
--Live in a 1 million or more house in a nice neighborhood (NW DC, Bethesda, Chevy Chase, Arlington, McLean, or even Capitol Hill).
--Fully fund retirement
--Fully fund 529s so your kid can go to the best college they can get into, even private school This is silly, fully funded for state school and have other savings if they go out of state or to a private college/University.
--Send your kids to private schools like Sidwell, NCS, GDS, etc.no need with public as good as it is in McLean.
--Have elaborate vacations that frequently involve international travel, like most spring or Christmas breaks the Caribbean or Hawaii along with more occasional big trips to Europe, Africa, or Asia no
--Afford music lessons, travel sports, tutors, and other enrichment, including expensive camps yes, except no to travel sports
--Allow your kids to wear designer labels, like a freshman in high school wearing $150 dollar jeans (7s, Diesel, etc.) they wear what they want to wear.
--Buy handbags that are 1000+ on occasion no need
--Invest some money in taxable investments after maxing out 401K and IRA yes
--Have the occasional date night at a high end restaurant where you can blow $250 dollars on food and wine on a nice tasting menu yes, but, generally don't go for the wine, prefer a nice cocktail
I'm curious, because there seems to be many neighborhoods filled with luxury vehicles, many people living in 1 million + houses, and many people in the DC area who enjoy travel, and many who complain about expensive clothes being worn in schools (both public and private)
We also donate 7-10% of our gross income. Rich by my standards, but not by DCUM's.
Anonymous wrote:Alright, since the debate on who constitutes "Upper Middle Class" is hotly debated on here, and people can't see to agree on whether 250-500K is rich or just barely making it as middle class, who on here lives a "rich" lifestyle and what is your HHI? Since people with 500K apparently budget carefully, drive 10 year Hondas, go to public school, and have modest vacations at the beach, who are all these people in the area that people complain about on the private schools forum who are in a bubble of wealth jetting off on fancy vacations and letting their 7th graders wear designer clothes? If you can afford to do several of the following, what is your HHI?
--Drive luxury vehicles (BMW, Acura, Audi, Mercedes, etc.) No, cheap car but that is because we rarely drive.
--Live in a 1 million or more house in a nice neighborhood (NW DC, Bethesda, Chevy Chase, Arlington, McLean, or even Capitol Hill).Yes, that is the plan
--Fully fund retirementYes
--Fully fund 529s so your kid can go to the best college they can get into, even private schoolWe save outside of 529s
--Send your kids to private schools like Sidwell, NCS, GDS, etc.No, we plan on public
--Have elaborate vacations that frequently involve international travel, like most spring or Christmas breaks the Caribbean or Hawaii along with more occasional big trips to Europe, Africa, or AsiaNot lately but did and plan to again once the baby is older
--Afford music lessons, travel sports, tutors, and other enrichment, including expensive campsDoes a nanny count?
--Allow your kids to wear designer labels, like a freshman in high school wearing $150 dollar jeans (7s, Diesel, etc.)
--Buy handbags that are 1000+ on occasion[b]Yes
--Invest some money in taxable investments after maxing out 401K and IRAYes
--Have the occasional date night at a high end restaurant where you can blow $250 dollars on food and wine on a nice tasting menu[b]Yes
I'm curious, because there seems to be many neighborhoods filled with luxury vehicles, many people living in 1 million + houses, and many people in the DC area who enjoy travel, and many who complain about expensive clothes being worn in schools (both public and private)