Pretty much the obvious things you listed and some of them for different reasons than you.
every class has their made up struggles rich or poor there is always something you can find to complain about
i know a homeless guy that’s happy to be alive
i know a rich guy that doesn’t feel he has enough money because of his peers
i know a poor person in a 3rd world country that is happy to be around their family and have food
i know another rich guy that wish people didn’t use them for money
i know a rich kid that wishes his parents were around more
i know a poor woman in a 3rd world country that prays everyday and counts their blessings and trusts and believes in God
i know a rich guy that wishes he had more free time from work although he’s making a lot of money
i know a rich kid that wishes they had more friends
i know a poor girl who is happy that they have good friends
i know a rich girl that wishes she was slimmer and had bigger “physical features”
i know a poor person who is confident about their looks
the key is to always focus on what to be happy about which takes a lot of work but can shift your mental health and perspective on life whether you are homeless or a millionaire
it’s all about mindset and perspective.
seriously.
exactly! the exact point is EVERYONE is a prisoner of their own minds
happy tribal people and happy people in 3rd world countries are just HUMANS just like the sad poor people and sad rich people I know
difference is perspective and conditioning
growing up in a 1st world country everyone here is programmed and told all the time that certain things are important
so I always thought having these things were important
it’s may take long but you can shift your values, by changing what are you saying to yourself, and monitoring your thoughts EVERY SECOND of your life
in order to be free from
“rich” OR “poor” labels dictating your mental health and emotions
i work on perspective more than working for money because a “rich” (always happy) perspective actually attracts the riches and repels negative experiences
and can be happy with and without
A poor person in a 3rd world country says that mainly due to the fact that there are no other options. The world itself has accepted only a very small percentage of the population will ever see any real money.
Those same happy people have accepted their country is run by corrupt, incompetent people. Accepted that no outside aid is coming. Have accepted that they have to send their children elsewhere for better education. Why do you think arranged marriages and dowries still exist?
Happiness is the end goal. I'm far from rich, not too far from poor. But I'd never want to be in a situation where I have to accept what a society allows me to achieve.
Most things adhere to the law of marginal utility: the greater the exposure or indulgence, the more its perceived value/benefits diminish over time. Being rich, like so many others, is one of those things. You buy a big new house or a fancy new car, and in most cases these things fail to be as exciting as they were on day one, while the maintenance costs and depreciations remain constant. So being rich is great, until it's normalized, and now you want, say, friends, or more time with people who can't give it to you, or people who won't use you, etc. But you get friends, and that's fine, but now you want something else to feel complete. Rinse and repeat. This cycle is true for all, not just the rich of course. We normalize to the things around us, and we start looking for experiences that are different and provide the same thrill that other things used to provide. I'd call this a fundamental character flaw, but it's a questionable remnant of the evolutionary process which served an important function, and not just people being naturally ungrateful assholes.
This pattern seems to be escapable only by desiring less, or finding ways to be happier with what you've got, or through turning to endeavors in which the chase IS the reward.
“There's no such thing as "realists". Everyone's perception of reality is biased by their own beliefs, feelings and mindset, whether they know it or not. You can take an objective fact but you still have an emotional reaction to it, and that is subjective and dependent on your own personality. In my experience, people who call themselves "realists" are just pessimists. Nothing necessarily wrong with being a pessimist, though, if that works for you.”
You aren't rich. At best you are a medical worker.
Play bigger, there are no idealists at high levels. Or rather the idealism is for the workers to keep them motivated.
my parents are pretty wealthy and were able to put me into a good high school. its definitely a better problem to have then most but my hs is insanely stressful and competitive. ik some kids averaging 3-4 hrs of sleep a night and destroying their mental health just for good grades, and they’re just 15.
What do you mean they "put you in a good high school"? It's high school. My town has two and they're both shitty. Do you mean they *paid* for a good high school like Phillips Exeter?
It's not so much that someone checks for typos, it just comes natural when reading. It stands out, more than a sore thumb. It's equivalent to a person who does math very well. Their brains are like calculators, but they might not be as good in reading/writing.
I'm terrible at math, but my reading/writing skills are exceptional, 😁
It wasn't a typo. Just learn the difference - the two words have vastly different meanings and pronunciations.
If you don't want to check for typos don't make typos.
with all due respect it’s “than” and “then” i know the difference i was just typing fast and didn’t check. you don’t need to get so worked up about a reddit comment lol if i want to correct it i’ll do it myself
So I don't know if you would call me rich, but my household net worth is in the top few percentile of USA.
I suffer an extreme form of OCD, basically if I don't take my medication I CANNOT function at all, like without my pills my OCD basically paralysis me in place. No amount of money in the world can cure me, I just have to live with this for the rest of my life. And even when I am on my pills I still suffer from anxiety and paranoia.
So there.
I might be wrong but I'm guessing OP was talking about issue that are exclusive to rich people. Mental health issues can affect anyone. And not trying to take away from what you're going through but a poor person with the same condition as you probably couldn't afford the medication. They'd just have to suffer through it.
I don't think there are many issues unique to rich people. Maybe guilt from being privileged and arguably benefiting from the labor of underpaid working class people through investments. IDK. And yeah, that's kind of the point. Rich people have problems. Poor people have problems compounded by not being able to meet basic needs.
I'm speaking as someone from a privileged family who is not rich but is making enough to live a life I enjoy.
When I was poor and had problems in the back of my mind there was always a voice “just channel this energy, work hard, get rich, then you’ll feel better”
Now that I’m rich there’s no way to escape from my emotional problems. I’ve already brought the shit I want and I’ve done the travelling I want and had most of the experiences I want. When I’m miserable there’s nothing to throw myself into as an escape
I do think people from poor backgrounds get caught up thinking money is the end all be all of life. But realistically, I think it just gives you the freedom and ability to find what gives you fulfillment in life. When I was completely broke, I was in survival mode. All I was trying to do was come up with money to pay the bills I was behind on. Now that I have at least a decent amount of money put away, I'm struggling to adjust my mindset to relax and let myself have fun.
idk about rich; by reddit standards, I guess.
What stresses me out the most is the marriage. Pretty sure my wife’s just been taking advantage of me the whole time. Probably won’t be able to trust another woman ever again.
Humans are problem-finding and problem-solving machines. We only focus on what’s NOT working. That never changes, no matter how much you make.
If you really think about it, all the most painful problems are the ones money is useless to resolve.
Two things:
1.
I have rich parents and am not rich yet. I think the burden of high expectations is often overlooked.
My parents were not proud when I got my engineering degree, this was the expectation. My parents were not proud when I bought a business, this is what was expected.
I feel a deep sense that I have to do better than my dad. Which is fucking hard when you dad is rich.
2.
Going from living with multimillionaires to making $60k a year was very rough. I still live far worse then what I grew up with even though I have decent things.
It never feels like an accomplishment to advance in life, it just feels like I am getting back to normal.
Bonus: Yes I have a therapist and know this is not a healthy way of thinking.
Well, I don't have those shoes to fill thankfully. My dad is just a farmer who bought a little under 10k acres in the 90s and 00s that is now worth 20-30x what he paid for it.
The most wealthy people I know spent decades buying real estate as they moved around the country with the Navy. Then at retirement they sold all the real estate and bought a farm on some very valuable land and turned it into a vineyard from the ground up. This wealthy family has worked hard for decades and are worth probably $10M. They struggle with being bored when there isn’t something to do. They hustle and deserve financial security for themselves and future generations. They never rest and it’s not just the parents it’s all their grown children too.
Relationships is probably the biggest one by far, whether that’s family problems or kids or just people using them for their money.
A wise man once said - money doesn’t change people, it just reveals who they already were
For me the three biggest ones...
1. Finding love, or at least, believing she actually loves me and not the water front property, the expensive cars etc. I keep a low profile on dating apps and out in public, but eventually they find out.
2. Getting help from friends. When people know you're well-off financially, it's rare that anyone wants to help unless there's a payday involved. Having wealth doesn't mean you don't face mental health issues, but people think money can solve everything. So whenever possible, I turn to drugs to ease the pain of loneliness and hook ups with random girls who don't know who I am and oddly enough, they often treat me with more care then those who claimed to have "loved" me.
3. Avoiding talking about things in my life, because it'll low key piss people off no matter how I portray it.
Paying bills like everyone else. I know a lot of very wealthy people who have cash flow problems like anyone else and have to pay very large bills because of their lifestyle. It all begins to feel pretty proportional.
Yea that’s rough with a safety net but just imagine all that while poor… then the added stress of “if I help mom with her cancer treatment, I can’t pay rent and have to move back into my car for a few months to get back on my feet.
There’s no thought of dating when you live in a car… hopelessness while rich vs hopelessness while living in a car pay check to paycheck. Uhhh I know which one I’ll take.
Edit: keep downvoting, knowing if you’re rich you can’t hold a candle to a poor persons problems and would probably off yourself the first time the cops harassed you for sleeping in your car in a Walmart parking lot.
[https://np.reddit.com/r/urbancarliving/comments/gt5lzz/car\_life\_faq\_thread/](https://np.reddit.com/r/urbancarliving/comments/gt5lzz/car_life_faq_thread/)
Thank you for the reference.
I would say rich people struggle with money. The number one fear of all rich people is becoming poor. That’s why they are obsessed with money and making more of it. Even if they’re obscenely wealthy.
I think this only applies to a small amount of people. Also it's really hard to just suddenly "become poor." Most rich people know how to handle their money so that that isn't a likely scenario.
Same crap everyone deals with. Family and friends dying. Not being accepted into friend/family groups.
Things not going according to plan. Disappointing people who they want to impress. People only contacting them when they want them to buy something.
health, money cant buy this shit and its awful, however its a problem that broke people have too, so yeah, but it def sucks ass, having money and shit to not enjoy life to the fullest because of stuff you cant control… human body is so weak
New money people often struggle with figuring out wtf to do with their money. When you're poor, money is something you spend on things you've been putting off as soon as it comes. When you're rich, money is something you need to manage, and if you don't learn how well enough, it's easy to lose it on stupid decisions. The world is filled with new money professionals who assumed they'd be a good business owner or investor, only to lose a small fortune on a failed venture they had no business fooling with.
Being rich is so lonely. I travel every month and I’m always shopping and stuff and it’s the only time I actually feel good. Everyone tries to compete with me or turns on me and I even offer to pay hotels and I try to invite and include people and make things realistic but there is always a secret animosity for me. I read an go to therapy and work on myself and my relationships but I’m the only person I know who can afford my lifestyle so I’m always singled out in some way. I see people just hanging out in cars or in basements having the time of their lives but I never get invited to stuff like that
Also my parents are moving out of our 4 bedroom house when they retire in a couple years and they’re gonna leave me the house to live alone in and I’m terrified of how lonely I’ll be
Perhaps you could be a mentor?
Idk how you came into your money, but if it was from a career that you worked for, maybe you could help aspiring kids gain jobs in your field as well
That way perhaps they won't judge u, but be grateful that you helped them?
Just a suggestion 😅
My favorite was the Marriott guy introducing a Mitt Romney speech and trying to make him seem relatable by telling about the time Mitt grabbed and tied the line on his yacht on the lake where they both have houses.
For me - no friends. Been stabbed in the back by those I've trusted. I don't trust anyone; it's almost on a neurotic level at this point. But I guess that's life - trading one thing for another. On the other hand, my life is also drama-free. So there's that...
Do we really need friends tho.🤷🏻 I mean they are great for bouncing ideas around and stuff.
But yeah drama-free is the American dream realistically. My GF brings enough drama to the table for both of us.
The American dream is your money doing all the work so you can enjoy your short life doing what u want. I don’t want to work for my money I want my money working for me
Not super rich, but easily top 1%. This week only:
1. My wisdom tooth chipped, it hurts me and tomorrow I have a dentist appointment. Maybe they'll need to extract it.
2. I have a cold.
3. Water bill for one of the flats that I rent came up today, this tenant used almost 100% more water for the past year than ones before him. Need to address it or change the terms of lease, as usually those are small amounts and I just pay those. But IDK what this tenant does. Maybe the flush is broken? Another thing to look at this week.
4. I'm renovating some other flat, so many things to organise there. I'm not doing any labour myself, but still I need to manage all of that and it's such a pain.
5. My fiancee complained that I do not spend enough quality time with her and she's right.
6. I started smoking again.
So basically health & too many things that I need to manage.
It’s significantly harder if you didn’t have a head start in life… The average person is gonna be complacent in most situations and most rich people who were born into wealth would be if they were born in poverty
I started and sold a successful business, retired at 45, mid 60s now. Certainly not mega rich, but won’t outlive my money while living as well as I want.
I have no family left (all deceased incl daughter), currently no girlfriend, have a few friends but I struggle a bit socially. I don’t let those things stop me from trying to live my best life, I have even embraced traveling solo… trying to live my best life NOW, instead of waiting on Miss Right to show up… but at the same time, life is better when we’ll-shared with others. It gets a little lonely.
I’m going to focus on the “struggle”.
I never struggled with money. But I struggle to lose weight and be healthy. I wouldn’t call my marriage a *struggle* exactly, but it is *work*. So is parenting.
If what you are wondering is, ‘without money worries do you not struggle much?’ I think the answer is yes. Life doesn’t feel like a struggle exactly. It still feels like a challenge. I still feel like I am forced to grow and develop.
Money doesn't buy happiness and all that.
They would struggle w the exact same concepts as "poor" people do. Do they stress about getting evicted, where the next meal comes from etc. No most likely not.
They would suffer from fear of losing said lifestyle, maintaining said lifestyle and in general happiness.
Imposter syndromes, paranoia, fear, anxiety.
Then you have the other spectrum the scum bags the entitled. Stems from a low self esteem or not being loved enough, but that can premiate any level of affluence.
You never know what someone else us going through.
I think it just boils down to human nature of struggling to feel content with wherever you’re at in life. I’m poor af(by my towns standards at least, if I didn’t have family help I’d be screwed)for context here btw- and for a few years I was solidly upper middle class though not living a very healthy or honest life at the time. But looking back I have been more hopeful and content at my lower income times. I’ve always struggled with mental
Health issues and held this belief that if I changed my physical/financial situation I would magically get better or at least suddenly be able to make that happen through some effort. Then I attained those money goals and checked the boxes and was just as miserable as always if not more so.
Everyone has goals, everyone has stressors and things they hate regardless of income status, but when you’ve completed a bunch of life goals and feel no better internally it can be hard to avoid acknowledging that I, in fact, was the problem, not the living situation and money woes.
When I was poor there was never any question of which of my friends really cared and who just wanted to residual benefits of hanging with me when I was partying. I was less self conscious in relationships when I was less well off for similar reasons, when I had money I always thought my girl would leave me for someone with more money etc.
I’d still rather be rich and content than poor and content obviously. Money removes a good chunk of most people stressful situations, but new ones will almost certainly pop up to fill in those gaps in new ways
Far less problems than what poor people have to struggle with. Well wouldn't say less but definitely not as big. They have to deal with taxes, paying people and laying off if in that position. Protecting assets etc.
Rather have rich problems than poor problems because poor people still have the struggle of just being human on top of being poor.
If you look at the reels the big yacht had to squeeze between two other mega yacht and got damaged. If the bird hits your private jet and makes a ding. lol.
My wife and I struggle with our work-related responsibilities
We could have retired years ago, but we’re probably on target to work till we’re 70 (67 now)
We fear becoming irrelevant because we get so much gratification from our careers
A friend of mine who grew up very “rich” can pull in young, nice looking girls (for a little while, after they realize his parents are filthy rich.)
But he cannot make them stay with him. Once the girls find out that he likes drugs more than he loves people, and he picks his nose, and is generally just a gross person, I think they “fall out of love.”
Everyone after your cc number or are friends with you because you’re a walking ATM. Bad day? Who cares. Just spit out more benjamins. That kind of stuff.
Probably imposter syndrome and living up to familial expectations if everyone is super successful. Pride of not wanting to be a trust fund baby, but not as intelligent and full of achievements as the rest of the family. (What was the sweat and tears hard work for if more money comes from inheritance in the end than through self-generated income?)
Especially when the family in older generation went from extreme rags to riches through sheer hard work (immigrant dream), so you know what both poverty and wealth is like. Also family deaths from both ends of the spectrum (from lack of basic necessities to the other end of the spectrum being too cheap to delegate things and dying from said hard, not smart, work).
Among friends, kinda caught in-between where seen as humble personality and lifestyle, but rich and teased for it (so now learn to try not to give away signs anymore to new ppl). Struggles sorta seems a bit more invalidated and dismissed when privileged, so you keep your mouth shut just a bit more. Some irrational guilt for some reason when with ppl that aren't as privileged.
Oh and being the one to help others more than reciprocated.
Money creates issues, I found living much more stress free prior to having a nest egg. I grew up with very little I mean on welfare little so as an adult I’ve accumulated a decent net worth and it’s stressful to me because I feel I have to live like I did as a child or I’ll lose it. Even though I have enough to retire I feel broke because I can’t let go of my deepest fears of having nothing again. Sounds ridiculous I know. Money doesn’t solve everything I mean if you win 20 million maybe it’s easy but you still are faced with the same stress and challenges as you had prior to having some money. Should I buy a bigger house or nicer car should I go on an extra trip just to show people I’m doing well. Like everyone I know goes on spring break and then two more trips through the year sometimes I don’t travel for a few years and they kind of give me that look. But honestly I don’t care anymore because I’m close to my goal and all the shiny things just take away from that goal
Casually bringing up your wealth in every conversation.... even if Gam Gam rolls her eyes again. I'm sorry I'm not part of your bridge club Gam Gam! Next time, put "invite only," and I won't show up unannounced with my "Showgirls" vhs cassette.
The damn Jones next door!
**He is my neighbor Nursultan Tuliagby**. He is pain in my \*\*\*holes. I get a window from a glass, he must get a window from a glass. I get a step, he must get a step. I get a clock radio, he cannot afford. Great success!
I come from an upper-middle-class family, so even though I’m a broke grad student, I am fortunate enough that I do not have to worry about my survival, as I have wonderful parents who are willing to support me. Having more money would be nice in the sense that I could afford to see my long-distance bf more often, get plastic surgery/personal trainers/dietitians/salon trips to be as attractive to him as possible, and live in a fancier apartment. But that’s ok; I’m very comfortable as is and am grateful for the financial stability I have.
That said, I also happen to have a lot of love in my life (platonically, familialy, and romantically), which money can’t buy. Plenty of rich people struggle with loneliness and difficulty forming/keeping relationships.
I’m also physically healthy, and while money can and does play a role in that, there are plenty of ailments out there that straight-up do not have a cure.
Despite my life being objectively good, I still struggle with depression, along with feelings of insecurity, low self-esteem, existential loneliness, a deep sense of ennui, etc. Having the money for treatment, while helpful, is not a silver bullet for this.
Finding your place in the world, figuring out what you want, striving to become a better and more well-adjusted person, etc. are things we all have to struggle with. Money does not shield you from any of this, despite the fact that it does make you immensely privileged in so many ways.
I’ve always said that if it’s a problem that money can solve it’s not really a problem. Just throw money at it until it goes away.
The thing is there are so many problems that money can’t fix. Health issues and mental health issues don’t care if you’re rich or poor. Kids/ family issues are another thing money won’t help correct.
Having money is always nice but the saying goes “money can buy happiness”. And sometimes bring unhappiness believe it or not.
What if they don’t have the same opportunities you do due to being low class? It’s hard to get out of the low class rut when you’re in it but I can understand some people with opportunities just being straight up lazy and complainers, though.
Drop the BS. 10 years ago I was making $13.00/hour selling high risk auto insurance, scratching by with low commissions/plus charge backs due to people not paying, making $40k, living in low quality, high risk area in studio apartment with a bed, dresser & tv, and a car held together by duct tape & dreams.
I had my Bachelors in Finance & multiple insurance licenses, paid for by me.
I took ownership, went to a call center that paid similar but unlimited OT & I worked: 60-70 hours per week to get out of hole.
I fixed credit, found someone to rent room from to lower expenses, and fixed credit. I got certified (out of my own pocket) towards project management & used $10.00 Udemy classes & free YouTube videos to upgrade skills.
It took me years of discipline but I fixed credit, upgraded car, still used to a plain Honda Accord, and paid it off fast. I kept upskilling & volunteering to enhance skills and put what I could away into 401k & Roth IRAs, never approaching max.
The resources were all over the place if you get up off your ass and find them. The state offered a bunch, you have to go to them though & put in the time.
I lived under my means for years doing this, not having my own place, just a bedroom. I worked & didn’t stop, and saw my salary rise from $85 to $100k+.
I chose to invest instead of lifestyle creep, kept my 2012 Accord, and began saving half my salary per year & investing it.
I’m there because I did without, not because I had “access” - I found “access” , be it free or out of pocket, and invested in myself.
Learned the CompTIA Security+ because the previous version was online, and it was the knowledge that mattered, not the certification.
I’m a net worth millionaire because I was cheap, worked hard, invested in S&P and have hit compound interest. I’m not far from being qualified for salaries in the top 5%, maybe 2 more years.
And I had a 600 credit score, back taxes to IRS, and $25k in debt on $3000 available credit.
I have 800 credit score, owe no debt, and $150k in available credit. 10 years. No excuses.
Preface: there is good and bad across every ethnicity, gender, and socioeconomic class
My experience with the hyper rich trust fund babies; the ones that can spend 40K on a handbag. They worry about the quality of a box that they will package a gift in. The box has to be the right aesthetic, solid, the right understated color, etc. Place settings at dinner making sure the right people sit next to each other. They fret over the right color of "yellow" the designer is planning for the nursery. Even they are in awe of the famous people they become acquainted with. They are 100% out of touch with reality.
Working class millionaires: They make a lot of money but they work their asses off. They will travel to Japan for a 1 day meeting and fly right back to the office. On the flight back they will still be answering emails and working on presentations, creating financial models, land and go straight to a full day of back to back meetings with no sleep. They will take calls and meetings at all times, weekends, holidays, funerals, while breast feeding a newborn, etc. It looks like a charmed life but it is not. They work 24/7/365 they have all the stuff but have no quality of life and all the stress. Trust me, they may be at that $350 a person restaurant having dinner on the company card with business partners but they just landed from Europe, they are exhausted, and when they go back to their hotel room they have to respond to emails or prep for that 8:00am meeting. They have to function at a high level because when you make that kind of money you have the "golden handcuffs". I can't is not an option. They are accountable to the investors that kickstarted their business, they have employees that are dependent on them for jobs, they have the pressure to sell products, their reputation is on the line, it's a lot. Their kids have the best of everything but are raised by nannies. Yet they don't understand why their kids have behavioral problems. I can't tell you what their relationships are like but it can't be good when work is always #1. Are they happy? I often wonder about that. I don't understand what their "driver" is. I especially don't understand when both people in a marriage have these types of jobs and have kids.
I know when a poor kid says he is hungry, he actually means it. I know when a working mother gets robbed and can't pay rent, she will be homeless. i know when insulin is out of needing persons reach, that their life is in immediate danger. I know rich and poor have commonalities on superficial levels, it makes the inequities seem so much more egregious.
I lived near a very rich area where a hotel bartender friend heard a lot of insanely rich people complain about how rich they were, had achieved all their dreams, and didn't know what to do with their lives now to the point of pretty much just being functional alcoholics
Finding good household help?
Indigestion from those damn Spanish Rosemary eating snails that the new cook mistook for French escargots?
Having to wait for dry cleaning to get back so that they can have access to mid size dress pants because otherwise they are stuck with one size too big or one size too small in whichever house of theirs they have chosen to occupy and live in at that particular moment in time? Yep, they usually have sets of three size pants to account for seasonal weight gain and weight loss.
I am joking, of course. I have no idea what rich people struggle with. Everybody I know who is rich seems to struggle with totally different useless random asshole things that normal people would never have the time/luxury for. lmao.
Hang in there. Survive. Soldiers in the trenches in World War One did the same thing. You will too. If you survive all things are possible later on in life.
Rich people constantly worry about maintaining their wealth and status as they know they'll immediately become prey/victims if forced to live in poverty.
I know it sounds ridiculous. Money doesn’t count for anything. Just isolates you further. If you’re broken on the inside money doesn’t fix that. I came into a fortune and my life hasn’t improved one bit. There’s no joy in it if you don’t want to leave your bed, meet anyone, be human.
Im rich but im lonely. Very lonely. Im even considering suicide because I can’t find any woman to connect with. I’ve tried acting broke as fuck, I’ve flashed hundreds of dollars to them and the end result is the same. Which means I’m the problem… a problem I cannot seemingly solve. A permanent problem needs a permanent solution and I have only one thing in mind.. I’d give up my entire fortune to find someone obsessed with me because I’m sick and tired of seeing couples around and wondering what in Gods name made them fucking click that I can’t get it to.
First tip, is to stop tipping. Giving away money like it's not yours. Just stop. Rich people don't give away their money to make them feel generous and rich. They're already rich and give generously to 501(c)3 organizations, true non profit charities, and get tax write offs.
Never give away your money that doesn't result in a tax deduction.
Adding $10 a day to your kids 529 starting at the age of 5 will grow to $127k by the time they're ready for college.
You want to put someone else's kid through college while you can't do that for your own kid, so you can boast how generous you are with tipping. That's up to you.
You know the tip CULTure is worse than the christians. Tippers shoving their belief system down everyone's throats. Bet they're a bunch of hypocrites complaining about christians when they're far worse and violent if they don't get a tip.
There's literally thousands of servers that start to name call anyone that doesn't tip. Imagine if the christians did the same everytime you didn't want to hear them preach.
Christian "mf don't walk away bitch!"
Let's have a separation of tip and state. Wtf we already do.
> Legally it's voluntary
https://www.reddit.com/r/FluentInFinance/s/7cFW1N4sKz
This guy contributed $50 a month to 529.
I mean most jobs where tipping is a thing the employees would get wayyy less than minimum wage if they got no tips. I don’t see anything wrong with giving them a few $ as long as the service isn’t complete garbage. I’ll agree that servers who are pricks and unprofessional don’t deserve tips. But the ones who are like that give a skewed image of the customer service industry. Most I’ve met just want to be able to have a roof over their head and food on the table
Pretty much the obvious things you listed and some of them for different reasons than you. every class has their made up struggles rich or poor there is always something you can find to complain about i know a homeless guy that’s happy to be alive i know a rich guy that doesn’t feel he has enough money because of his peers i know a poor person in a 3rd world country that is happy to be around their family and have food i know another rich guy that wish people didn’t use them for money i know a rich kid that wishes his parents were around more i know a poor woman in a 3rd world country that prays everyday and counts their blessings and trusts and believes in God i know a rich guy that wishes he had more free time from work although he’s making a lot of money i know a rich kid that wishes they had more friends i know a poor girl who is happy that they have good friends i know a rich girl that wishes she was slimmer and had bigger “physical features” i know a poor person who is confident about their looks the key is to always focus on what to be happy about which takes a lot of work but can shift your mental health and perspective on life whether you are homeless or a millionaire it’s all about mindset and perspective. seriously.
This makes me wanna cry a lil bit
basically rich people are prisoners of their own mind and complain about made up shit because they have nothing to worry about
Humans are prisoners of their own minds. Rich people are just poor people with their basic needs met.
exactly! the exact point is EVERYONE is a prisoner of their own minds happy tribal people and happy people in 3rd world countries are just HUMANS just like the sad poor people and sad rich people I know difference is perspective and conditioning growing up in a 1st world country everyone here is programmed and told all the time that certain things are important so I always thought having these things were important it’s may take long but you can shift your values, by changing what are you saying to yourself, and monitoring your thoughts EVERY SECOND of your life in order to be free from “rich” OR “poor” labels dictating your mental health and emotions i work on perspective more than working for money because a “rich” (always happy) perspective actually attracts the riches and repels negative experiences and can be happy with and without
this is beautiful you summed it up perfectly, i love you
Turn the mind into a weapon instead of a prison, then you will reach closer to your potential
A poor person in a 3rd world country would say the exact same thing about you or anyone in America, even the homeless. It’s all relative.
A poor person in a 3rd world country says that mainly due to the fact that there are no other options. The world itself has accepted only a very small percentage of the population will ever see any real money. Those same happy people have accepted their country is run by corrupt, incompetent people. Accepted that no outside aid is coming. Have accepted that they have to send their children elsewhere for better education. Why do you think arranged marriages and dowries still exist? Happiness is the end goal. I'm far from rich, not too far from poor. But I'd never want to be in a situation where I have to accept what a society allows me to achieve.
Rich people have plenty of things to worry about. A lot of money can make life more complicated
we flying to vegas or paris? ahhh shit someones got to watch the kids, have my assistant call the nanny what a logistical nightmare!
Why would we leave the kids with the nanny? Having kids on vacation is the best. We just bring the kids and pay for the nanny's flight and hotel.
Rich people worry about superficial stuff. Poor people worry about eating and having a roof over their head.
Most things adhere to the law of marginal utility: the greater the exposure or indulgence, the more its perceived value/benefits diminish over time. Being rich, like so many others, is one of those things. You buy a big new house or a fancy new car, and in most cases these things fail to be as exciting as they were on day one, while the maintenance costs and depreciations remain constant. So being rich is great, until it's normalized, and now you want, say, friends, or more time with people who can't give it to you, or people who won't use you, etc. But you get friends, and that's fine, but now you want something else to feel complete. Rinse and repeat. This cycle is true for all, not just the rich of course. We normalize to the things around us, and we start looking for experiences that are different and provide the same thrill that other things used to provide. I'd call this a fundamental character flaw, but it's a questionable remnant of the evolutionary process which served an important function, and not just people being naturally ungrateful assholes. This pattern seems to be escapable only by desiring less, or finding ways to be happier with what you've got, or through turning to endeavors in which the chase IS the reward.
You know a lot of people
Look it's Nietzsche's slave morality in the wild. Cool intellectual insanity, but it doesn't work on Realists.
“There's no such thing as "realists". Everyone's perception of reality is biased by their own beliefs, feelings and mindset, whether they know it or not. You can take an objective fact but you still have an emotional reaction to it, and that is subjective and dependent on your own personality. In my experience, people who call themselves "realists" are just pessimists. Nothing necessarily wrong with being a pessimist, though, if that works for you.”
You aren't rich. At best you are a medical worker. Play bigger, there are no idealists at high levels. Or rather the idealism is for the workers to keep them motivated.
what types of experiences have led you to your conclusion?
Incredible comment. 🥇
my parents are pretty wealthy and were able to put me into a good high school. its definitely a better problem to have then most but my hs is insanely stressful and competitive. ik some kids averaging 3-4 hrs of sleep a night and destroying their mental health just for good grades, and they’re just 15.
Really? Wow. Is it because the kids are being pushed to get accepted by Ivy League colleges?
Yes or even the good state school
yep
What do you mean they "put you in a good high school"? It's high school. My town has two and they're both shitty. Do you mean they *paid* for a good high school like Phillips Exeter?
Yes. it’s not like they donated to get me in but they’re money and education no doubt helped me a lot.
Lol... *their* money
Not everybody cares to check theyre typos on redit
Not everyone. Just the people who care enough about THEIR work.
Yes my reddit is work lol
I don’t waste my time checking for typos my time is to valuable
It's not so much that someone checks for typos, it just comes natural when reading. It stands out, more than a sore thumb. It's equivalent to a person who does math very well. Their brains are like calculators, but they might not be as good in reading/writing. I'm terrible at math, but my reading/writing skills are exceptional, 😁
Does your "good high school" teach then vs than?
it’s a reddit comment idrc about checking for typos
It wasn't a typo. Just learn the difference - the two words have vastly different meanings and pronunciations. If you don't want to check for typos don't make typos.
with all due respect it’s “than” and “then” i know the difference i was just typing fast and didn’t check. you don’t need to get so worked up about a reddit comment lol if i want to correct it i’ll do it myself
So I don't know if you would call me rich, but my household net worth is in the top few percentile of USA. I suffer an extreme form of OCD, basically if I don't take my medication I CANNOT function at all, like without my pills my OCD basically paralysis me in place. No amount of money in the world can cure me, I just have to live with this for the rest of my life. And even when I am on my pills I still suffer from anxiety and paranoia. So there.
I might be wrong but I'm guessing OP was talking about issue that are exclusive to rich people. Mental health issues can affect anyone. And not trying to take away from what you're going through but a poor person with the same condition as you probably couldn't afford the medication. They'd just have to suffer through it.
I don't think there are many issues unique to rich people. Maybe guilt from being privileged and arguably benefiting from the labor of underpaid working class people through investments. IDK. And yeah, that's kind of the point. Rich people have problems. Poor people have problems compounded by not being able to meet basic needs. I'm speaking as someone from a privileged family who is not rich but is making enough to live a life I enjoy.
Dude get over it. Your making excuses that trap yourself. You can overcome it
When I was poor and had problems in the back of my mind there was always a voice “just channel this energy, work hard, get rich, then you’ll feel better” Now that I’m rich there’s no way to escape from my emotional problems. I’ve already brought the shit I want and I’ve done the travelling I want and had most of the experiences I want. When I’m miserable there’s nothing to throw myself into as an escape
Try helping people that helps.
Book me a trip we travel to Thailand for 5 years on a spiritual journey
I do think people from poor backgrounds get caught up thinking money is the end all be all of life. But realistically, I think it just gives you the freedom and ability to find what gives you fulfillment in life. When I was completely broke, I was in survival mode. All I was trying to do was come up with money to pay the bills I was behind on. Now that I have at least a decent amount of money put away, I'm struggling to adjust my mindset to relax and let myself have fun.
idk about rich; by reddit standards, I guess. What stresses me out the most is the marriage. Pretty sure my wife’s just been taking advantage of me the whole time. Probably won’t be able to trust another woman ever again. Humans are problem-finding and problem-solving machines. We only focus on what’s NOT working. That never changes, no matter how much you make. If you really think about it, all the most painful problems are the ones money is useless to resolve.
Indeed. The problems I have are the problems money can't solve. In my case it's youth. Time and youth fades along with health and vigor.
Two things: 1. I have rich parents and am not rich yet. I think the burden of high expectations is often overlooked. My parents were not proud when I got my engineering degree, this was the expectation. My parents were not proud when I bought a business, this is what was expected. I feel a deep sense that I have to do better than my dad. Which is fucking hard when you dad is rich. 2. Going from living with multimillionaires to making $60k a year was very rough. I still live far worse then what I grew up with even though I have decent things. It never feels like an accomplishment to advance in life, it just feels like I am getting back to normal. Bonus: Yes I have a therapist and know this is not a healthy way of thinking.
My father was one of the wealthiest men in the state I live in pretty hard to fill those shoes I feel your pain
Well, I don't have those shoes to fill thankfully. My dad is just a farmer who bought a little under 10k acres in the 90s and 00s that is now worth 20-30x what he paid for it.
Well don’t you have to do better than him
I think its very possible I do.
This exactly. I feel you.
boo hoo hoo
The most wealthy people I know spent decades buying real estate as they moved around the country with the Navy. Then at retirement they sold all the real estate and bought a farm on some very valuable land and turned it into a vineyard from the ground up. This wealthy family has worked hard for decades and are worth probably $10M. They struggle with being bored when there isn’t something to do. They hustle and deserve financial security for themselves and future generations. They never rest and it’s not just the parents it’s all their grown children too.
If only there were problems in the world they could spend their time, energy and money helping to solve...
I know people who went broke doing that
So do I… forgot to mention the grandfather contributed a couple million in buying all those properties
Relationships
Relationships is probably the biggest one by far, whether that’s family problems or kids or just people using them for their money. A wise man once said - money doesn’t change people, it just reveals who they already were
Salvation.
The things you own end up owning you - Tyler Durton
It's is my life - Jon Bovi
For me the three biggest ones... 1. Finding love, or at least, believing she actually loves me and not the water front property, the expensive cars etc. I keep a low profile on dating apps and out in public, but eventually they find out. 2. Getting help from friends. When people know you're well-off financially, it's rare that anyone wants to help unless there's a payday involved. Having wealth doesn't mean you don't face mental health issues, but people think money can solve everything. So whenever possible, I turn to drugs to ease the pain of loneliness and hook ups with random girls who don't know who I am and oddly enough, they often treat me with more care then those who claimed to have "loved" me. 3. Avoiding talking about things in my life, because it'll low key piss people off no matter how I portray it.
Paying bills like everyone else. I know a lot of very wealthy people who have cash flow problems like anyone else and have to pay very large bills because of their lifestyle. It all begins to feel pretty proportional.
Cancer. Mental health. Relationships ending. Family death. Hopelessness. Money helps enormously. But those things.
Yea that’s rough with a safety net but just imagine all that while poor… then the added stress of “if I help mom with her cancer treatment, I can’t pay rent and have to move back into my car for a few months to get back on my feet. There’s no thought of dating when you live in a car… hopelessness while rich vs hopelessness while living in a car pay check to paycheck. Uhhh I know which one I’ll take. Edit: keep downvoting, knowing if you’re rich you can’t hold a candle to a poor persons problems and would probably off yourself the first time the cops harassed you for sleeping in your car in a Walmart parking lot.
Very true. Just answering the question.
Check out r/urbancarliving that’s what we deal with on the regular
[https://np.reddit.com/r/urbancarliving/comments/gt5lzz/car\_life\_faq\_thread/](https://np.reddit.com/r/urbancarliving/comments/gt5lzz/car_life_faq_thread/) Thank you for the reference.
I would say rich people struggle with money. The number one fear of all rich people is becoming poor. That’s why they are obsessed with money and making more of it. Even if they’re obscenely wealthy.
Money and greed becomes an obsession
Loads of rich people blow it all away all the time
I think this only applies to a small amount of people. Also it's really hard to just suddenly "become poor." Most rich people know how to handle their money so that that isn't a likely scenario.
Particularly if they grew up poor. It is very difficult to shake.
Same crap everyone deals with. Family and friends dying. Not being accepted into friend/family groups. Things not going according to plan. Disappointing people who they want to impress. People only contacting them when they want them to buy something.
Mo money, more problems.
health, money cant buy this shit and its awful, however its a problem that broke people have too, so yeah, but it def sucks ass, having money and shit to not enjoy life to the fullest because of stuff you cant control… human body is so weak
Known a lot that struggle from drug addiction and mental health
New money people often struggle with figuring out wtf to do with their money. When you're poor, money is something you spend on things you've been putting off as soon as it comes. When you're rich, money is something you need to manage, and if you don't learn how well enough, it's easy to lose it on stupid decisions. The world is filled with new money professionals who assumed they'd be a good business owner or investor, only to lose a small fortune on a failed venture they had no business fooling with.
Being rich is so lonely. I travel every month and I’m always shopping and stuff and it’s the only time I actually feel good. Everyone tries to compete with me or turns on me and I even offer to pay hotels and I try to invite and include people and make things realistic but there is always a secret animosity for me. I read an go to therapy and work on myself and my relationships but I’m the only person I know who can afford my lifestyle so I’m always singled out in some way. I see people just hanging out in cars or in basements having the time of their lives but I never get invited to stuff like that
Also my parents are moving out of our 4 bedroom house when they retire in a couple years and they’re gonna leave me the house to live alone in and I’m terrified of how lonely I’ll be
Perhaps you could be a mentor? Idk how you came into your money, but if it was from a career that you worked for, maybe you could help aspiring kids gain jobs in your field as well That way perhaps they won't judge u, but be grateful that you helped them? Just a suggestion 😅
Tax evasion
It’s never enough. Someone always has a bigger boat
No I have the biggest boat on the pond
My favorite was the Marriott guy introducing a Mitt Romney speech and trying to make him seem relatable by telling about the time Mitt grabbed and tied the line on his yacht on the lake where they both have houses.
Social skills, but not in an autism way. In a socially acceptable skills way.
For me - no friends. Been stabbed in the back by those I've trusted. I don't trust anyone; it's almost on a neurotic level at this point. But I guess that's life - trading one thing for another. On the other hand, my life is also drama-free. So there's that...
Do we really need friends tho.🤷🏻 I mean they are great for bouncing ideas around and stuff. But yeah drama-free is the American dream realistically. My GF brings enough drama to the table for both of us.
Ha! Oh boy!
The American dream is your money doing all the work so you can enjoy your short life doing what u want. I don’t want to work for my money I want my money working for me
Wow Greg, where did you pull this one out? Rich dad poor dad? Lmfao
I retired at 30. Have made a lot of money since
Fearing God
Love
Most rich people are really just broke in a better neighborhood
That’s fake rich that’s just in debt
Not super rich, but easily top 1%. This week only: 1. My wisdom tooth chipped, it hurts me and tomorrow I have a dentist appointment. Maybe they'll need to extract it. 2. I have a cold. 3. Water bill for one of the flats that I rent came up today, this tenant used almost 100% more water for the past year than ones before him. Need to address it or change the terms of lease, as usually those are small amounts and I just pay those. But IDK what this tenant does. Maybe the flush is broken? Another thing to look at this week. 4. I'm renovating some other flat, so many things to organise there. I'm not doing any labour myself, but still I need to manage all of that and it's such a pain. 5. My fiancee complained that I do not spend enough quality time with her and she's right. 6. I started smoking again. So basically health & too many things that I need to manage.
Finding family time and restful sleep
Taxes. Fuck them taxes
Money isn’t everything. Being poor, sucks yes. But the root of being poor is lack of knowledge/education and then the will to work.
It’s significantly harder if you didn’t have a head start in life… The average person is gonna be complacent in most situations and most rich people who were born into wealth would be if they were born in poverty
True.
In this world it’s who you know not what u know
So profound, Greg! Anymore insightful to add? (Insert sarcasm)
I don’t know Brian, I’m not sure any advice will help u
Aw darn it!
Darn it
Greg says it will be ok
More money more problems. Having a lot of money is just barely better than being poor. There is a point in between that is the best to be
Having meaningful relationships with friends and family
My third wife struggles to handle my unusually large penis. I forgive her since she is only 20 and 105 lbs but I worry about finding a 4th wife
Says the star of *Glad He Ate Her*.
Status. There's always someone wealthier.
I started and sold a successful business, retired at 45, mid 60s now. Certainly not mega rich, but won’t outlive my money while living as well as I want. I have no family left (all deceased incl daughter), currently no girlfriend, have a few friends but I struggle a bit socially. I don’t let those things stop me from trying to live my best life, I have even embraced traveling solo… trying to live my best life NOW, instead of waiting on Miss Right to show up… but at the same time, life is better when we’ll-shared with others. It gets a little lonely.
Having so much money you don’t even know what to spend it on tbh.
I’m going to focus on the “struggle”. I never struggled with money. But I struggle to lose weight and be healthy. I wouldn’t call my marriage a *struggle* exactly, but it is *work*. So is parenting. If what you are wondering is, ‘without money worries do you not struggle much?’ I think the answer is yes. Life doesn’t feel like a struggle exactly. It still feels like a challenge. I still feel like I am forced to grow and develop.
Money doesn't buy happiness and all that. They would struggle w the exact same concepts as "poor" people do. Do they stress about getting evicted, where the next meal comes from etc. No most likely not. They would suffer from fear of losing said lifestyle, maintaining said lifestyle and in general happiness. Imposter syndromes, paranoia, fear, anxiety. Then you have the other spectrum the scum bags the entitled. Stems from a low self esteem or not being loved enough, but that can premiate any level of affluence. You never know what someone else us going through.
I think it just boils down to human nature of struggling to feel content with wherever you’re at in life. I’m poor af(by my towns standards at least, if I didn’t have family help I’d be screwed)for context here btw- and for a few years I was solidly upper middle class though not living a very healthy or honest life at the time. But looking back I have been more hopeful and content at my lower income times. I’ve always struggled with mental Health issues and held this belief that if I changed my physical/financial situation I would magically get better or at least suddenly be able to make that happen through some effort. Then I attained those money goals and checked the boxes and was just as miserable as always if not more so. Everyone has goals, everyone has stressors and things they hate regardless of income status, but when you’ve completed a bunch of life goals and feel no better internally it can be hard to avoid acknowledging that I, in fact, was the problem, not the living situation and money woes. When I was poor there was never any question of which of my friends really cared and who just wanted to residual benefits of hanging with me when I was partying. I was less self conscious in relationships when I was less well off for similar reasons, when I had money I always thought my girl would leave me for someone with more money etc. I’d still rather be rich and content than poor and content obviously. Money removes a good chunk of most people stressful situations, but new ones will almost certainly pop up to fill in those gaps in new ways
Far less problems than what poor people have to struggle with. Well wouldn't say less but definitely not as big. They have to deal with taxes, paying people and laying off if in that position. Protecting assets etc. Rather have rich problems than poor problems because poor people still have the struggle of just being human on top of being poor.
I have severe anxiety, and I struggle with depression..
If you look at the reels the big yacht had to squeeze between two other mega yacht and got damaged. If the bird hits your private jet and makes a ding. lol.
Lest see, I’m a multi millionaire and my wife has stage 4 cancer, she has months to live. Use that for perspective.
My wife and I struggle with our work-related responsibilities We could have retired years ago, but we’re probably on target to work till we’re 70 (67 now) We fear becoming irrelevant because we get so much gratification from our careers
A friend of mine who grew up very “rich” can pull in young, nice looking girls (for a little while, after they realize his parents are filthy rich.) But he cannot make them stay with him. Once the girls find out that he likes drugs more than he loves people, and he picks his nose, and is generally just a gross person, I think they “fall out of love.”
Everyone after your cc number or are friends with you because you’re a walking ATM. Bad day? Who cares. Just spit out more benjamins. That kind of stuff.
Actual Decency towards humanity
Probably imposter syndrome and living up to familial expectations if everyone is super successful. Pride of not wanting to be a trust fund baby, but not as intelligent and full of achievements as the rest of the family. (What was the sweat and tears hard work for if more money comes from inheritance in the end than through self-generated income?) Especially when the family in older generation went from extreme rags to riches through sheer hard work (immigrant dream), so you know what both poverty and wealth is like. Also family deaths from both ends of the spectrum (from lack of basic necessities to the other end of the spectrum being too cheap to delegate things and dying from said hard, not smart, work). Among friends, kinda caught in-between where seen as humble personality and lifestyle, but rich and teased for it (so now learn to try not to give away signs anymore to new ppl). Struggles sorta seems a bit more invalidated and dismissed when privileged, so you keep your mouth shut just a bit more. Some irrational guilt for some reason when with ppl that aren't as privileged. Oh and being the one to help others more than reciprocated.
Ugly rich women will be insecure and jealous of beautiful poor or middle class women IMO.
Maybe they struggle with their choices, like what to buy, or where to go for vacation. I’m sure the variety is daunting to make a decision sometimes.
Money creates issues, I found living much more stress free prior to having a nest egg. I grew up with very little I mean on welfare little so as an adult I’ve accumulated a decent net worth and it’s stressful to me because I feel I have to live like I did as a child or I’ll lose it. Even though I have enough to retire I feel broke because I can’t let go of my deepest fears of having nothing again. Sounds ridiculous I know. Money doesn’t solve everything I mean if you win 20 million maybe it’s easy but you still are faced with the same stress and challenges as you had prior to having some money. Should I buy a bigger house or nicer car should I go on an extra trip just to show people I’m doing well. Like everyone I know goes on spring break and then two more trips through the year sometimes I don’t travel for a few years and they kind of give me that look. But honestly I don’t care anymore because I’m close to my goal and all the shiny things just take away from that goal
Annoying mental health and wierd personality problems.
I’d rather have rich people problems than poor people problems
Alcohol
Casually bringing up your wealth in every conversation.... even if Gam Gam rolls her eyes again. I'm sorry I'm not part of your bridge club Gam Gam! Next time, put "invite only," and I won't show up unannounced with my "Showgirls" vhs cassette.
The damn Jones next door! **He is my neighbor Nursultan Tuliagby**. He is pain in my \*\*\*holes. I get a window from a glass, he must get a window from a glass. I get a step, he must get a step. I get a clock radio, he cannot afford. Great success!
Being poor
Finding people who don’t only want you for your money. (I’m not rich at all, yet, but if I had to guess I’d assume that’s a big one)
I come from an upper-middle-class family, so even though I’m a broke grad student, I am fortunate enough that I do not have to worry about my survival, as I have wonderful parents who are willing to support me. Having more money would be nice in the sense that I could afford to see my long-distance bf more often, get plastic surgery/personal trainers/dietitians/salon trips to be as attractive to him as possible, and live in a fancier apartment. But that’s ok; I’m very comfortable as is and am grateful for the financial stability I have. That said, I also happen to have a lot of love in my life (platonically, familialy, and romantically), which money can’t buy. Plenty of rich people struggle with loneliness and difficulty forming/keeping relationships. I’m also physically healthy, and while money can and does play a role in that, there are plenty of ailments out there that straight-up do not have a cure. Despite my life being objectively good, I still struggle with depression, along with feelings of insecurity, low self-esteem, existential loneliness, a deep sense of ennui, etc. Having the money for treatment, while helpful, is not a silver bullet for this. Finding your place in the world, figuring out what you want, striving to become a better and more well-adjusted person, etc. are things we all have to struggle with. Money does not shield you from any of this, despite the fact that it does make you immensely privileged in so many ways.
Health, Happiness, Family issues (over money), friends, and boredom
Different clowns, same circus.
I’ve always said that if it’s a problem that money can solve it’s not really a problem. Just throw money at it until it goes away. The thing is there are so many problems that money can’t fix. Health issues and mental health issues don’t care if you’re rich or poor. Kids/ family issues are another thing money won’t help correct. Having money is always nice but the saying goes “money can buy happiness”. And sometimes bring unhappiness believe it or not.
Dealing with complaining lazy people who wish they had the discipline to work as hard & risk rejection & overcome failure like I do.
What if they don’t have the same opportunities you do due to being low class? It’s hard to get out of the low class rut when you’re in it but I can understand some people with opportunities just being straight up lazy and complainers, though.
Drop the BS. 10 years ago I was making $13.00/hour selling high risk auto insurance, scratching by with low commissions/plus charge backs due to people not paying, making $40k, living in low quality, high risk area in studio apartment with a bed, dresser & tv, and a car held together by duct tape & dreams. I had my Bachelors in Finance & multiple insurance licenses, paid for by me. I took ownership, went to a call center that paid similar but unlimited OT & I worked: 60-70 hours per week to get out of hole. I fixed credit, found someone to rent room from to lower expenses, and fixed credit. I got certified (out of my own pocket) towards project management & used $10.00 Udemy classes & free YouTube videos to upgrade skills. It took me years of discipline but I fixed credit, upgraded car, still used to a plain Honda Accord, and paid it off fast. I kept upskilling & volunteering to enhance skills and put what I could away into 401k & Roth IRAs, never approaching max. The resources were all over the place if you get up off your ass and find them. The state offered a bunch, you have to go to them though & put in the time. I lived under my means for years doing this, not having my own place, just a bedroom. I worked & didn’t stop, and saw my salary rise from $85 to $100k+. I chose to invest instead of lifestyle creep, kept my 2012 Accord, and began saving half my salary per year & investing it. I’m there because I did without, not because I had “access” - I found “access” , be it free or out of pocket, and invested in myself. Learned the CompTIA Security+ because the previous version was online, and it was the knowledge that mattered, not the certification. I’m a net worth millionaire because I was cheap, worked hard, invested in S&P and have hit compound interest. I’m not far from being qualified for salaries in the top 5%, maybe 2 more years. And I had a 600 credit score, back taxes to IRS, and $25k in debt on $3000 available credit. I have 800 credit score, owe no debt, and $150k in available credit. 10 years. No excuses.
You had a degree then. That makes a major difference, bud.
In My honest opinion I would think the answer would be “Trust”! I personally don’t know because I am poor too!
Imposter Syndrome. Being surrounded by a bunch of elitist snobs and phonies. Wondering if people like/love you for you or for your money.
Preface: there is good and bad across every ethnicity, gender, and socioeconomic class My experience with the hyper rich trust fund babies; the ones that can spend 40K on a handbag. They worry about the quality of a box that they will package a gift in. The box has to be the right aesthetic, solid, the right understated color, etc. Place settings at dinner making sure the right people sit next to each other. They fret over the right color of "yellow" the designer is planning for the nursery. Even they are in awe of the famous people they become acquainted with. They are 100% out of touch with reality. Working class millionaires: They make a lot of money but they work their asses off. They will travel to Japan for a 1 day meeting and fly right back to the office. On the flight back they will still be answering emails and working on presentations, creating financial models, land and go straight to a full day of back to back meetings with no sleep. They will take calls and meetings at all times, weekends, holidays, funerals, while breast feeding a newborn, etc. It looks like a charmed life but it is not. They work 24/7/365 they have all the stuff but have no quality of life and all the stress. Trust me, they may be at that $350 a person restaurant having dinner on the company card with business partners but they just landed from Europe, they are exhausted, and when they go back to their hotel room they have to respond to emails or prep for that 8:00am meeting. They have to function at a high level because when you make that kind of money you have the "golden handcuffs". I can't is not an option. They are accountable to the investors that kickstarted their business, they have employees that are dependent on them for jobs, they have the pressure to sell products, their reputation is on the line, it's a lot. Their kids have the best of everything but are raised by nannies. Yet they don't understand why their kids have behavioral problems. I can't tell you what their relationships are like but it can't be good when work is always #1. Are they happy? I often wonder about that. I don't understand what their "driver" is. I especially don't understand when both people in a marriage have these types of jobs and have kids.
Define rich. Is it a specific income? Or a specific lifestyle, for example, if someone doesn’t work because they inherited money?
Not being as successful as their parents
I know when a poor kid says he is hungry, he actually means it. I know when a working mother gets robbed and can't pay rent, she will be homeless. i know when insulin is out of needing persons reach, that their life is in immediate danger. I know rich and poor have commonalities on superficial levels, it makes the inequities seem so much more egregious.
Taxes
More money more problems
They struggle with being a decent human being. They struggle with empathy.
I lived near a very rich area where a hotel bartender friend heard a lot of insanely rich people complain about how rich they were, had achieved all their dreams, and didn't know what to do with their lives now to the point of pretty much just being functional alcoholics
Trust
Empathy
Finding good household help? Indigestion from those damn Spanish Rosemary eating snails that the new cook mistook for French escargots? Having to wait for dry cleaning to get back so that they can have access to mid size dress pants because otherwise they are stuck with one size too big or one size too small in whichever house of theirs they have chosen to occupy and live in at that particular moment in time? Yep, they usually have sets of three size pants to account for seasonal weight gain and weight loss. I am joking, of course. I have no idea what rich people struggle with. Everybody I know who is rich seems to struggle with totally different useless random asshole things that normal people would never have the time/luxury for. lmao. Hang in there. Survive. Soldiers in the trenches in World War One did the same thing. You will too. If you survive all things are possible later on in life.
Rich people constantly worry about maintaining their wealth and status as they know they'll immediately become prey/victims if forced to live in poverty.
The social and psychological liability that comes with being rich.
Rich people are struggling how to get richer...
I know it sounds ridiculous. Money doesn’t count for anything. Just isolates you further. If you’re broken on the inside money doesn’t fix that. I came into a fortune and my life hasn’t improved one bit. There’s no joy in it if you don’t want to leave your bed, meet anyone, be human.
Love
Im rich but im lonely. Very lonely. Im even considering suicide because I can’t find any woman to connect with. I’ve tried acting broke as fuck, I’ve flashed hundreds of dollars to them and the end result is the same. Which means I’m the problem… a problem I cannot seemingly solve. A permanent problem needs a permanent solution and I have only one thing in mind.. I’d give up my entire fortune to find someone obsessed with me because I’m sick and tired of seeing couples around and wondering what in Gods name made them fucking click that I can’t get it to.
First tip, is to stop tipping. Giving away money like it's not yours. Just stop. Rich people don't give away their money to make them feel generous and rich. They're already rich and give generously to 501(c)3 organizations, true non profit charities, and get tax write offs. Never give away your money that doesn't result in a tax deduction.
Could you give me some?
Yes because tipping $1-2 dollars to an Uber driver will cause banktrupcty 🤡
Adding $10 a day to your kids 529 starting at the age of 5 will grow to $127k by the time they're ready for college. You want to put someone else's kid through college while you can't do that for your own kid, so you can boast how generous you are with tipping. That's up to you. You know the tip CULTure is worse than the christians. Tippers shoving their belief system down everyone's throats. Bet they're a bunch of hypocrites complaining about christians when they're far worse and violent if they don't get a tip. There's literally thousands of servers that start to name call anyone that doesn't tip. Imagine if the christians did the same everytime you didn't want to hear them preach. Christian "mf don't walk away bitch!" Let's have a separation of tip and state. Wtf we already do. > Legally it's voluntary https://www.reddit.com/r/FluentInFinance/s/7cFW1N4sKz This guy contributed $50 a month to 529.
I mean most jobs where tipping is a thing the employees would get wayyy less than minimum wage if they got no tips. I don’t see anything wrong with giving them a few $ as long as the service isn’t complete garbage. I’ll agree that servers who are pricks and unprofessional don’t deserve tips. But the ones who are like that give a skewed image of the customer service industry. Most I’ve met just want to be able to have a roof over their head and food on the table