The Money Mustache Community

Around the Internet => Antimustachian Wall of Shame and Comedy => Topic started by: pippingeek on September 30, 2012, 02:45:40 PM

Title: Can't afford private school with paltry $400k income, waah!
Post by: pippingeek on September 30, 2012, 02:45:40 PM
Saw this piece today and immediately thought of you folks. I don't know what's more ridiculous -- the fact that $400k is not enough to afford sending kids to private schools (we can talk about public vs private vs home another time), that they pay $50k for a nanny, or that if their income was "only" $200k they would qualify for financial aid. Sigh. I wish I made as much as their nanny... except then I'd have to put up with them!

http://jezebel.com/5947300/life-isnt-fair-for-wealthy-parents-says-wealthy-mom
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: DocCyane on October 02, 2012, 06:27:35 PM
When the class war comes, I'm going to eat the rich.
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: kkbmustang on October 02, 2012, 07:16:11 PM
Please define rich.
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: DocCyane on October 02, 2012, 08:08:38 PM
Please define rich.

Ooh, good question. I've known rich people ($60 million net worth) and they don't think they're rich because there is the "ultra rich."

So it's all relative?
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: c on October 02, 2012, 08:41:39 PM
Please define rich.

From reading comments on a couple of the sites I follow, I've come to the conclusion that "rich" is "anyone who makes more money than you".

I have a Zombie Apocalypse plan in place, but nothing set up for the Class War. I'm hoping the plan is somewhat interchangeable though.
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: DocCyane on October 02, 2012, 08:55:54 PM
I have a Zombie Apocalypse plan in place, but nothing set up for the Class War. I'm hoping the plan is somewhat interchangeable though.

They both require a flashlight, a sharp knife and comfortable shoes. Beyond that, the details get hazy.
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: gdborton on October 02, 2012, 10:36:55 PM
Quote
I've come to the conclusion that "rich" is "anyone who makes more money than you".

While I do think that "rich" is a relative term, I don't think this is 100% accurate.  I think "rich" is self defined by disposable income past mandatory expenses.  I do think that a HHI of 400k, and 50k nanny, and a private school is rich.  If suddenly they changed their priorities they could drop the nanny, the private school, and a few other frivolous things, and then afford to buy a brand new car every month.  Hell I almost consider myself rich and my income is only ~50k.
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: unitsinc on October 03, 2012, 07:27:49 AM
For the sake of your sanity, do not read the original thread linked in the article.
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: AJ on October 03, 2012, 04:02:30 PM
For the sake of your sanity, do not read the original thread linked in the article.

Wow. You weren't kidding.
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: menorman on October 03, 2012, 05:34:40 PM
Please define rich.

Ooh, good question. I've known rich people ($60 million net worth) and they don't think they're rich because there is the "ultra rich."

So it's all relative?
I'm pretty sure $60mn is already trending toward "ultra rich". Über rich must be what they're feeling left out of.
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: PJ on October 04, 2012, 09:37:55 PM
For the sake of your sanity, do not read the original thread linked in the article.

You know when you say that, it just makes us want to read it, right? 

It was ... special, that's for sure!  I especially liked the way they slapped down the woman with real problems (a dying child) by pointing out that there were people worse off than her ... ugh!
Title: Re: Can't afford private school with paltry $400k income, waah!
Post by: CatM13 on October 10, 2012, 09:52:50 AM
Please define rich.

Yesterday my 7 yr old told me you were rich if you had $1,000. But as someone else said, its all about perspective.