Myself, I don't lump all "rich guys" together. In my experience there's not necessarily a correlation between wealth and altruism. That is to say, there's an equal number of jerks across all economic levels. Some years ago I did estimates for a contractor where the overall territory ranged from low to middle class, to some of the highest income per capita neighborhoods in the country. That experienced shaped my opinion that there's a lot more to one's outlook on life and attitude to other people than one's personal wealh. The difference seemed to have been in the kinds of values they came to embrace as they got to whatever economic level they were at.
V. insightful comment jymbee. I agree.
Yes, that was an oversimplification on my part. There are plenty of people who hang out on TBN, and would be classed as wealthy, and from the details they post over time, appear to be very hands on DIY'ers who value self-reliance.
Some of my friends would probably be classed as wealthy, yet are the most hands on, practical and self reliant people you'll find. Aside from great personalities, those characteristics are why they are my friends.
Actually, for me, what I loosely refer to as "Rich Guy" thinking doesn't really equate to Net Worth. Many people who never lift a finger to do anything around their house, or with their vehicles, actually do NOT have any meaningful net worth. IE. they are broke and in debt up to their eyeballs. But, in terms of lifestyle, and paying other people to do basic tasks, you'd think their last name was Rockefeller.This type of behaviour is a key factor in today's generations typically carrying much higher debt loads than their simpler-living-DIY ancestors.
I guess my main point about "Rich Guy" thinking (for the folks in the above paragraph) is that it is pretty self destructive behaviour.
High Net Worth folks..... at that level, household expenses are mostly just rounding errors.
We have a society intensely focused on wealth acquisition, as it's primary activity, and which is broadly viewed as
the key survival tool..... Yet another over-generalized statement :laughing:, that I'll use to bookend my Rich Guy comment - it is only when
Things Stop Working On a Large Scale do people get reminded that cash and credit cards are only secondary survival tools.
IMO, money is just another tool. If you don't respect it, or know how to use it responsibly, bad things can happen.
Rgds, D.