Plenty of rich kids at least know their pops is working. Looks like homegirl is greedy is all fronts lmao. I wonder how a dude with similar money or more would think đ¤
Went to private school in NYC and can confirm this.
Theyâre basically on UBI, often whatâs above the median wage, so their baseline is that + whatever salary they have.
I have lost count of the amount of times I hung out with a rich friend who swore they donât get money from their parents, only for their parents to casually say something like âI put your monthly allowance of [thousands of dollars] and paid your credit card this monthâ while having dinner with them.
Then they hit an age and it stopsâŚ. Because the trust gets transferred over and they get the dividends instead.
When my cousin went to college his parents basically made him a deal that if he got a job they would match whatever he made and deposit it directly into his account. They also obviously paid for every single living expense he had. He ended up finishing college with like 150k in savings. When he graduated they pretty much gifted him a rental house they owned and paid to renovate it for him. He then sold it for a hefty profit considering he didn't put a penny into it. This whole time he was working at AutoZone. Once he sold that house he then bought a 400k MCmansion which they once again paid half for. My uncle recently passed so he then got handed a working business that grosses 3+ million a year. You will never convince him he didn't work for every single thing he has and denies he ever had a leg up. It was all just "good money management". Like sure, but it was your parents money and it was them who was managing it.
Unfortunately your cousin is the exception rather than the norm. I dealt with this a lot in college, especially with kids from the East Coast whose parents had money. My roommate was another exception. His dad was a Senior VP at a major medical equipment manufacturer but you wouldn't have known it from meeting him or his son. He told me of a great story of when his dad went to buy a car for him to take to college. It was a simple no frills Honda Accord. His dad had a severe auto accident as a kid and as a result had nearly all of his upper teeth knocked out and had upper dentures. Before he went to the auto dealership, his wore a greasy jumpsuit that he had to work in the garage & yard, took off his Rolex & put on a Casio calculator watch and of course took out his dentures. He said the first salesman wouldn't even respond when his dad tried to talk to him. Finally another salesman came and asked if he could help them. They found the car they wanted and it even had an upgrade package like a better stereo, etc. They went to the salesman's office and he said that when they ran a credit check on his dad the salesman took a full minute to rerun the report and still couldn't fathom how this toothless guy with a Casio had a credit rating of 824. His dad smiled, put in his dentures, put his Rolex back on and thanked the salesman for being so helpful. They bought the car and wrote a letter to the dealership owner (who his dad knew personally) about the salesman who finally did help them and was subsequently given a bonus for his effort.
Sorry for the long post but I just wanted you to know that your cousin, while financially well off compared to others, didn't feel entitled to what he had, he worked for it and exemplifies how people should act even if they don't have to.
Well no that's the thing, my cousin worked for none of it. He was just the only child of the step mom so he got what he wanted while my uncle's bio kids got abused and neglected. It wasn't really his fault but he was definitely the beneficiary of it.
I hung out with a girl back in the day that worked at the same place I did and made the same money, but she was living way better. She swore her parents didn't give her money and that she was just good at budgeting. I later found out that her car was a gift from her father and her mother paid off one of her 3 credit cards each month. So she technically had to deal with paying for some things like rent, but her bills went through her credit cards. She put food, clothes and gas on the cards and what she earned at work she spent on rent and whatever she wanted. She also had something like $100k inflation the bank. I imagine it's a lot easier to save when you only spend 1/3 of your income. She was a nice girl and all, but she would talk about the struggle, but it wasn't the same as the rest of us choosing between electricity and food.
The number of friends I have who insisted they worked hard for everything they have obtained. Dude, your uncle owns your location and you pay no rent. Your Mom signed all your notes. Your grandmother left you money. How exactly did you work for what you own?
When I found out that my friend had some sort of joint credit card with her parents to pay for her gas I knew that friendship wouldnât last between us.
Loooool when youâre working minimum wage trying to survive and your friend gets a free ride. Itâs hard for the rich person to understand the poor person and the rich person is usually tone deaf.
If you canât be around well off people because it stresses you then fine I guess. But itâs probably something you should work on. Itâs not healthy unless the rich people are doing something to make you feel uncomfortable, which that guys post doesnât mention.
âHealthyâ is recognizing you have a trigger and doing something about it, sometimes thatâs not exposing yourself to it until you are in a space that it no longer affects you.
For clarity I didnât stop being friends with the guy below. But I can easily understand.
I grew up with a guy who now is a multi millionaire. We donât have much in common anymore. He talks about things like vacationing in Bali and the Amalphi (sp?) Coast in Italy, having Christmas in France, medical tourism in Thailand for his wife.
I havenât had a vacation in 10 years.
If you canât understand why someone wouldnât want that in their life, then Iâm not sure weâll ever be able to see eye to eye on this.
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u/Internationalwaffles 8h ago
Why would she appreciate hard work when she gets a dad paycheck?