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re: Those of you who married money, tell me how this works...

Posted on 10/24/18 at 9:10 am to
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17131 posts
Posted on 10/24/18 at 9:10 am to
I married a girl whose parents were once rich but lost it all in the market collapse of 2008.

Her mom left her dad after he failed to cash out over $3M in equities before they became worthless. MIL had been begging him to do it but he stubbornly wanted to wait for it to bounce back.

My wife is not materialistic and is actually more thrity than I am so we really do not fight about money.

Mother in law (now living alone and off SS) doesn't have two potatoes to make soup yet wants to buy McMansions and fancy decor leading to panic attacks and depression because she can't do it.

MIL actually wanted my wife to get a prenup for her "future earnings"

fiance/Wife was in school at the time and I was supporting her. I told MIL prenups don't work that way and she can go frick herself for suggesting it.

FIL took 8 years but has bounced back very nicely with a nice $170K sales job and a new fiance that is 25 years younger than him
Posted by The Torch
DFW The Dub
Member since Aug 2014
19249 posts
Posted on 10/24/18 at 9:11 am to
Just marry a poor whore
Posted by Pitch To Johnny
Houston
Member since Jun 2015
4195 posts
Posted on 10/24/18 at 9:13 am to
quote:

The only problem is my wife has no concept of money.
This is the issue I had with the girl I briefly dated. She would always offer to pay for things, and started doing it without asking when I declined, but I could tell we would never be on the same page with spending/savings regardless of how much money I made. Not the reason we didn't work out, but it was definitely something I thought about for the future.

Also, did you feel weird getting a free house? Even if I 100% knew there were no strings attached, I feel like I'd always feel guilty and always feel pressured to make up for it to them. But both my parents grew up dirt poor so I likely have a jaded viewpoint on it
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17131 posts
Posted on 10/24/18 at 9:14 am to
quote:

Just marry a poor whore



The women I don't get are that rich daughters who go to school to become Social Workers or Kindergarten teachers whose parents keep them living fancy. Once married the parents cut off the support and the wife turns to the husband who now realizes he married a girl with a warped sense of the value of money.
Posted by yellowfin
Coastal Bar
Member since May 2006
97618 posts
Posted on 10/24/18 at 9:15 am to
Trust pays dividends annually
Posted by OMapologist
Member since Oct 2015
594 posts
Posted on 10/24/18 at 9:17 am to
quote:

Since being married to her I haven’t paid for clothes, toiletries, etc


"Here son here's some triple quilted tp and a two pack of old spice. Thank's for being such a great son-in-law!"

Sounds weird... but I wouldn't be complaining.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67043 posts
Posted on 10/24/18 at 9:21 am to
quote:

The cold hard truth.



Yep. Word of advice to the young studs on the OT who want to marry a rich girl: make sure you’ve got a great income of your own before you do. Wait to finish school. Don’t marry her if you’re still at the bottom of the ladder. You need to, yourself, be able to give her at least a solid middle class lifestyle. You need to set aside money so that when the family calls and invites her to the annual beach trip, cousin’s wedding, ski vacation, etc., the two of you can afford to go. If she starts having to turn those down or can only afford to go alone, the family WILL start talking, and not in a good way.

The same is true if after the first year and you don’t have kids yet, you don’t offer to host family for events (this is why they have to blow the budget on decorating). If the house is “never ready”, they start talking.
Posted by notbilly
alter
Member since Sep 2015
4421 posts
Posted on 10/24/18 at 9:24 am to
My in laws aren't wealthy but they have money... definitely more than I have. However, they are pretty frugal and don't live very lavishly so my wife isn't accustomed to some unobtainable lifestyle. They have a few beach rental properties that we can use for 'free' but may require me to do a little work/honey-do on them while using them. My wife gets the tax free gift each year for Christmas ($14k-15k) which goes into our joint account. My father in law usually floats some extra cash to her when he can. Nothing excessive, but maybe a grand or two per year. And they put money in their grandkids' college fund. We've never asked them to make any purchase. in fact, we've never asked them for anything. They have loaned us money to build a house at no interest, but we paid it back.

It should be noted that I had no idea they had this money when we married. I thought they were upper middle class folks with a decent house. It wasn't until after we were married a few years that my in-laws were bitching about the 'death tax' and how it would rob my kids of their inheritance. Up until that point I had no idea they were worth that much.
Posted by PCRammer
1725 Slough Avenue in Scranton, PA
Member since Jan 2014
1449 posts
Posted on 10/24/18 at 9:28 am to
I divorced out of money. I never took $20 from her family because they were insufferable and would have held it over my head.

The only good memory I have with their $$ is that I got to hang with George and Barbara at a little party at their house in River Oaks. Her granddad was the only person I saw there address the former President as George.
Posted by Demshoes
Up in here
Member since Aug 2015
10189 posts
Posted on 10/24/18 at 9:29 am to
Close relative did. You get to work the job that you love even though it pays a paltry sum. You get to have a multi-million dollar home, an apartment in a large metropolitan city, a beach house, and a minimum of five vacations a year. Not a bad deal. My next wife will have money.
Posted by rich4pres
Knoxville
Member since Dec 2016
9761 posts
Posted on 10/24/18 at 9:36 am to
quote:

This is the issue I had with the girl I briefly dated. She would always offer to pay for things, and started doing it without asking when I declined, but I could tell we would never be on the same page with spending/savings regardless of how much money I made. Not the reason we didn't work out, but it was definitely something I thought about for the future. Also, did you feel weird getting a free house? Even if I 100% knew there were no strings attached, I feel like I'd always feel guilty and always feel pressured to make up for it to them. But both my parents grew up dirt poor so I likely have a jaded viewpoint on it

I also grew up dirt poor, so yeah, the house was strange. When we first started dating I wouldn’t take anything but then my FIL had a talk with me. He also grew up poor so he could relate to me. He told me to stop being so damn stubborn and to take whatever he gave us. He said there was plenty of money to go around (yeah, they are that rich). So now, I just consider myself lucky. Even though I make really good money I used to think it wouldn’t be enough for my wife until I realized she was gonna be rich no matter what.
Posted by rich4pres
Knoxville
Member since Dec 2016
9761 posts
Posted on 10/24/18 at 9:38 am to
quote:

Here son here's some triple quilted tp and a two pack of old spice. Thank's for being such a great son-in-law!" Sounds weird... but I wouldn't be complaining.


It’s really nice actually. One less thing to worry about.
Posted by BenDover
Member since Jul 2010
5411 posts
Posted on 10/24/18 at 9:40 am to
quote:

You pay for your own shite and let her old man cover her expenses. When it’s time to buy a house or go on vacation, have her bring it up to her mom, who then tells dad who then cuts the check.


I’m from an ordinary middle-class family but I’m marrying into a rich family on Saturday. The quoted post is 100% accurate.
Posted by Pitch To Johnny
Houston
Member since Jun 2015
4195 posts
Posted on 10/24/18 at 9:54 am to
Gotcha. I would have handled it the same way.
quote:

I used to think it wouldn’t be enough for my wife until I realized she was gonna be rich no matter what
Feel like that's the thing I'd have the hardest time with, but that's a great way to put it.
Posted by Boo Krewe
Member since Apr 2015
9810 posts
Posted on 10/24/18 at 10:12 am to
how do you meet said rich girls? top tier sorority is a must for me
Posted by Howyouluhdat
On Fleek St
Member since Jan 2015
7333 posts
Posted on 10/24/18 at 10:15 am to
quote:

generally, dad owns a business and puts little buffy on the payroll....only she forgets to come to work pretty much every day.



Exactly how my wife is
This post was edited on 10/24/18 at 10:15 am
Posted by CaptSpaulding
Member since Feb 2012
6501 posts
Posted on 10/24/18 at 10:15 am to
I think it’s like prison, where they say never take anything on credit, or they’ll own you.
Posted by CivilTiger83
Member since Dec 2017
2525 posts
Posted on 10/24/18 at 10:16 am to
Money can definitely cause havoc on family relationships.

I am fortunate that even though my in-laws lived an upper middle class lifestyle, they raised their daughters with actual values. On the flip side, my wife had the parent credit card all though college, didn't work a job in high school and definitely has expensive tastes just like her mother. She never had to worry about money before we were married.

We have made it work on a single income that is solidly middle class with a couple kids. It means she only goes to higher end clothing stores like Anthropologie on rare occasions or if her mom is in town and they go shopping. Furniture is often bought through Craigslist or Facebook groups, but what she gets is usually high end, in great shape and severely discounted. She does a pretty good job with the budget and finding deals, but she is far from a penny pincher.

You want to provide for your spouse, and it can be a letdown to feel like you are not hitting the mark compared with what they were used to... even if it is just something you wrestle with internally.

One difference I see between girls raised in upper middle class and wealthy families is that there is more focus on "doing what you love" even if it pays little to nothing. At some point I would love for the wife to go back to work once our youngest is in kindergarten, but she seems to be shooting too low or not concerned about targeting opportunities that will make better money despite her education and background.

The parents have given some gifts from time to time... recently they gave some money towards a vehicle. We never ask for anything, and always offer to pay for meals when they come. Honestly I much prefer my family's middle class arrangement. They may pay for a meal if we go out to eat, they cover the summer family vacation rental for the week and we get a couple hundred bucks at Christmas. I prefer that, and really wish we had not accepted anything more than that from the in laws.
Posted by AUCE05
Member since Dec 2009
42559 posts
Posted on 10/24/18 at 10:19 am to
We are in a similar situation. Lord knows you can't expect her to watch the kids, and keep a straight house in the same day.
Posted by Duckhammer_77
TD Platinum member
Member since Nov 2016
2676 posts
Posted on 10/24/18 at 10:28 am to
quote:

You pay for your own shite and let her old man cover her expenses. When it’s time to buy a house or go on vacation, have her bring it up to her mom, who then tells dad who then cuts the check.

kind of like this. Kids tuition thru college is pretty much covered as well. Frees up a lot of my income to be more "disposable". Allows for larger down payments on a truck; more toys in the gun safe that she doesn't know about. Nice hunting lease near the in-law's lake house. I'm good with money and never ask them for anything. In the end they just want you to be a good husband and father and love their daughter.

Con: you lose your say on what those daddy-funded vacations are and that house. You just put your foot down and certain criteria and go with the flow after that.
This post was edited on 10/24/18 at 10:32 am
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