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re: The moment you realized you were rich growing up.

Posted on 4/28/20 at 7:41 am to
Posted by jrodLSUke
Premium
Member since Jan 2011
25708 posts
Posted on 4/28/20 at 7:41 am to
I knew when dad took us on the first boat trip out of New Orleans. Five nights on a Disney cruise ship to Cancun.
Posted by chinese58
NELA. after 30 years in Dallas.
Member since Jun 2004
33152 posts
Posted on 4/29/20 at 11:15 am to
quote:

We weren't rich but better off than most I guess. My dad was extremely frugal.


This was my situation too, only my mom was the penny pincher. My dad worked at the IP mill in Natchez, so he had a great job long term, but he was super blue collar. He was one of the guys that went into tanks, and the smoke stacks and cleaned them out with a chlorine mixture. My mom stayed home and kept my two brothers and I. She went back to college after we were all in school. Got a couple of degrees, taught school, special ed, was the person that diagnosed the special kids, and finished up her career in the school board office where she was in charge of training teachers and principals on doing everything within federal guidelines. She was on some state boards when she retired. She's testified in Senate hearings headed by Charles Rangel, about abuses in Social Security "Crazy Money". He didn't like her.

They started with nothing, but worked hard, and bettered themselves. They both had jobs where they got the kind of retirement most of today's working stiffs can only dream of, so they are, and never will be, a burden on my brother and I.
Posted by Tonio
Member since Dec 2019
1023 posts
Posted on 4/29/20 at 11:26 am to
When I realized at about age 8 that I didn’t have to live near dangerous minorities
Posted by The Goon
Baton Rouge, LA
Member since Nov 2008
1335 posts
Posted on 4/29/20 at 11:47 am to
My parents were cheap, but saved a large amount. I helped them with their investments and proper asset allocation and long term risk. Reallocated some of their savings after 2008 and their net worth is now in the 7 figures. We lived frugal, but I would constantly see statements where we could buy a Ferrari?

My mother is still cheap living off social security with zero bills.
Posted by Tiger in Texas
Houston, Texas
Member since Sep 2004
21988 posts
Posted on 4/29/20 at 12:06 pm to
quote:

I grew up in lower middle class


Most everyone I knew in my younger years fall into this group...
Posted by Lonnie Utah
Utah!
Member since Jul 2012
32164 posts
Posted on 4/29/20 at 12:07 pm to
When dad bought the plane?
Posted by cajunangelle
Member since Oct 2012
162133 posts
Posted on 4/29/20 at 12:08 pm to
when I found out not everybody went out in their cruiser cabin from their dock into the yacht club for brunch.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
76123 posts
Posted on 4/29/20 at 12:08 pm to
quote:

Bravo to what being rich really is.


Something poor people say
Posted by redneck hippie
Oklahoma
Member since Dec 2008
6280 posts
Posted on 4/29/20 at 12:11 pm to
When I was five we moved from a small farmhouse type home, nothing fancy. My parents built a million dollar home (late 70s) in the deep country. When friends came over their parents always made a huge deal over our house and yard. I guess it hit me then that my dad had a better job than most.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
68926 posts
Posted on 4/29/20 at 12:12 pm to
We weren't rich, but we were members of a country club and I played all the sports you could fit in a year. Didn't realize how much money that was until I had kids that started playing sports and we had our own club dues.

I think we were more in the "keeping up with the Joneses" type. But with an above ground pool. #trashyandhappy
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 4/29/20 at 12:19 pm to
company, "a", that my mom had stock in was bought up by another company "b".

"b" stock went up like a rocket due to nothing company "a" did. pure luck.

pretty soon im following stock b in the papers.

my moms 300k in "a" went up to 9 million.
i had been given a used car for my 18th birthday before the rocket ride.
mom asked me what new car id like.
said jaguar xke.
she said id kill myself.
got me a safe car with bench seat.
great drive-in movie car.

This post was edited on 4/29/20 at 12:21 pm
Posted by MexicanTiger97
Member since May 2018
998 posts
Posted on 4/29/20 at 12:32 pm to
My first day of my first job after college. I showed up to work in my Ferrari. My boss saw me getting out of it and asked me if I had something else to drive that might help me fit in better at the office.

So the next day, I had my dad drop me off in the Bentley. My boss told me that I must have not understand what he meant the day before. I told him I completely understood. I thought it would help me fit in better if I told others they were paying me so little I had to have my dad drop me off at work.

Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 4/29/20 at 12:37 pm to
When we were fishing from our 14’ Lowe “Big Jon” with a 25hp Mercury, while the poors fished from the bank.
Posted by Thunder
Western by God Vernon Parish
Member since Mar 2006
2421 posts
Posted on 4/29/20 at 12:58 pm to
When we got an ac unit around 1975
Posted by Oilfieldbiology
Member since Nov 2016
41262 posts
Posted on 4/29/20 at 1:01 pm to
When I got out of college and realized that not everyone grew up in a two story house with 2 acres, a pool, a car (my moms old one) when I turned 16, and I didn’t have to take out a single loan to go to college.

I didn’t grow up OT baller, but I never lacked for anything.
Posted by Oilfieldbiology
Member since Nov 2016
41262 posts
Posted on 4/29/20 at 1:06 pm to
quote:

My mother never learned to cook. 85 years old and couldn't make toast.


I bet she had other “skills”
Posted by Baws
Member since Jan 2020
520 posts
Posted on 4/29/20 at 1:09 pm to
When I made my first annual million dollars at age 35.
Posted by drdoct
Atlanta, GA
Member since Oct 2015
1609 posts
Posted on 4/29/20 at 1:13 pm to
We weren't rich but we had a kid in our neighborhood who we thought was. To us being rich in the early 1980's was:

Atari 2600 (the first year they came out) WITH ALL THE GAMES!
VCR with actual owned movies (not rentals)
Swimming pool
go cart
3 wheeler (new Honda big red)

Clothes were Izod, polo, Levis.

We were a large family and he was an only child. Luckily he would let us come and play with all this toys since he didn't have any siblings to play with. And he was a good guy.

Us we got Sears Toughskins pants, an Atari we had to share and use as all 4 of our Christmas present that year and later vcr rentals on special occasion (like renting the actual player).
Posted by HoustonGumbeauxGuy
Member since Jul 2011
32644 posts
Posted on 4/29/20 at 1:18 pm to
quote:

TD member since


Posted by hottub
Member since Dec 2012
3651 posts
Posted on 4/29/20 at 1:29 pm to
I don’t know about being rich, but when I had kids, I realized how spoiled I was as a kid because it isn’t cheap.
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