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Born with a Silver Spoon

Posted on 3/30/15 at 11:44 am
Posted by Priapus
Member since Oct 2012
1950 posts
Posted on 3/30/15 at 11:44 am
How do you define it?

Raised by those who were worth-

A. > $1,000,000

B. > $10,000,000

C. > $100,000,000

D. OT Ballers
Posted by Jim Rockford
Member since May 2011
98190 posts
Posted on 3/30/15 at 11:46 am to
Depends on your location. Rural Louisiana, it means your parents are college graduates and own their own business. Upper East Side of NYC, it has to be C just to get you in the door.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134865 posts
Posted on 3/30/15 at 11:47 am to
Anyone worth over bout tree fiddy
Posted by McCaigBro69
TigerDroppings Premium Member
Member since Oct 2014
45086 posts
Posted on 3/30/15 at 11:47 am to
I think if you're family makes more than $150,000 a year, after taxes, then you have a pretty nice spoon.

If we're referencing "old money" silver spoon then I think the families net worth needs to be more $20 million. Also, don't forget net worth and what a individual household brings in are two totally different things.

Posted by CurDog
Member since Jan 2007
28082 posts
Posted on 3/30/15 at 11:48 am to
Posted by DirtyMikeandtheBoys
Member since May 2011
19426 posts
Posted on 3/30/15 at 11:51 am to
I wouldn't know about such poor criteria, our spoons were gold.
Posted by Black n Gold
Member since Feb 2009
15409 posts
Posted on 3/30/15 at 11:52 am to
E. All White People
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55662 posts
Posted on 3/30/15 at 11:54 am to
8 figure family net worth.
Posted by The Mick
Member since Oct 2010
43143 posts
Posted on 3/30/15 at 11:56 am to
Anyone whose parents give them everything and don't teach them how to do it themselves. $ part is relative.
Posted by DirtyMikeandtheBoys
Member since May 2011
19426 posts
Posted on 3/30/15 at 11:57 am to
My parents taught me how to ask for money, and get it. It has worked wonders in my grown up, professional life.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 3/30/15 at 12:22 pm to
quote:

E. All White People
Posted by JonaYolles
Member since Feb 2015
315 posts
Posted on 3/30/15 at 12:27 pm to
I would say it doesn't have as much to do with income as it does with the mentality of parents giving their children everything they want as long as they can afford it. Being born with a silver spoon in my mind, is being born never wanting for anything and getting everything they point at without ever learning the value of a dollar.
Posted by weadjust
Member since Aug 2012
15107 posts
Posted on 3/30/15 at 12:32 pm to
Our fancy spoons were some KFC sporks
Posted by SirSaintly
Uptown, New Orleans
Member since Feb 2013
3136 posts
Posted on 3/30/15 at 12:35 pm to
It's all about perspective. A poor, inner city kid probably thinks an upper middle class Jesuit kid was born with a silver spoon.

The Jesuit kid probably doesn't agree.

I know plenty of kids who went to Andover, Choate, Groton etc and i'd say most of them were born with silver spoons. They had summer "cottages" larger than any home on St. Charles. Access to private jets. Vacationed all over the world. Had money for almost anything they wanted.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260684 posts
Posted on 3/30/15 at 12:36 pm to
Any kid who never worked for anything. If mom and dad are paying for everything, it applies. Kids usually grow up with trust funds.
Posted by NYNolaguy1
Member since May 2011
20897 posts
Posted on 3/30/15 at 12:38 pm to
quote:

I think if you're family makes more than $150,000 a year, after taxes, then you have a pretty nice spoon.


It really depends on where you live. $150k in NYC makes you slightly below middle of the road.

$150k in LA, youre doing pretty well, though that depends on how many kids you have.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68314 posts
Posted on 3/30/15 at 12:40 pm to
My dad had a silver spoon.

I got something off the floor resembling a spoon off the floor of his woodshop.

Told me I need earn what I have. (But he was always there for me)

Posted by rusty547
Baton Rouge
Member since Aug 2014
203 posts
Posted on 3/30/15 at 1:01 pm to
Doesn't matter if you had a spoon, only counts if you had the matching small silver cup to go along with it. Preferably monogrammed so you could tell which generations it was from.
Posted by LSU8654722
Member since Apr 2014
1495 posts
Posted on 3/30/15 at 1:05 pm to
quote:

Anyone whose parents give them everything and don't teach them how to do it themselves.


This. I'm sure there's some $ involved but it doesn't have to be $1M.
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 3/30/15 at 1:33 pm to
I've got relatives who are around the 10MM mark. Their kids are effed when it comes to money. And they really didn't have that type of money until the kids were in college. I have one cousin who spends every dime of his paycheck, because he doesn't need retirement or savings. Parent's still buy his vehicles and stuff. Annoys me, because he knows I make more than he does and he's constantly calling me cheap, because I don't blow my money on the same stuff he does. He has no concept that other people actually have to save their money since they will not be inheriting millions of dollars.
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