"SIGNS YOU'RE FAKE RICH | HOW TO BECOME TRULY RICH"

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I know many people that buy the big name brands yet live pay-check to paycheck. Luxury cars to impress people, houses you can't afford, spending money like you're in congress. Have no money? Just charge it on the credit card and pay 15%-20% in perpetuity.

Don't be fake rich.

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Tennis shoes that cost $500, Gucci sandals, expensive cell phones, but still live with parents at 35 years old.

Here in L.A., that's the norm.....why even my jeans must be designer...now, if I only had a Louie Vuitton handbag,
will Michael Kors do...

Live consciously....

Edited 1 time(s). Last edit at 04/08/2018 02:54PM by Irene_L.A..

rather than a handbag, go for a nice, yet simple, Louie Vuitton trash bag

That could work, alas, no place for my Smart phone...

Live consciously....

Unfortunately a lot of the bags, shoes, etc. are also fake. I think it is more important to dress smart according to your age. I buy for quality not to show off. I spend money for a comfortable classy shoe. I'm not glitzy, don't like Michael Kors!

Michael kors is the rage out here, and a fact, I'm not glitzy, classic would be more my style. You may enjoy Kohl's handbags...no glitz (or style)....

Dave will likely find something, keep posted.

Live consciously....

LOLOL! If this keeps up, I will soon be the epitome of what to do, what to wear... oh, my.....

Nature does not hurry, yet everything is accomplished. - Lao-Tzu

I'm pulling Dave's leg...he has a good sense of humor....stick around, we'll make a city girl out of you yet...

Actually fake's are against the law here in LaLaland, although years ago, they were the style, wouldn't know where to go to get a fake....#real deal

Live consciously....

Edited 1 time(s). Last edit at 04/08/2018 07:19PM by Irene_L.A..

@Irene_L.A. wrote:

I'm pulling Dave's leg...he has a good sense of humor....stick around, we'll make a city girl out of you yet...
Actually fake's are against the law here in LaLaland, although years ago, they were the style, wouldn't know where to go to get a fake....#real deal

No, ma'am. I had enough of tham thar citieeez.

Nature does not hurry, yet everything is accomplished. - Lao-Tzu

How to get "real" rich:
Spend less than you make.

"Let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you - and why?” ~Walter Williams

I have designer clothes and other materials, but I'm not on food stamps.

I also shop at Target with my designer clothes and shoes too.

I am also driving my car until the wheels fall off.

I think I'm 'sort of fake rich,' and I'm OK with that.

Shopping the Greater Denver Area, Colorado Springs and in-between in Colorado. 33 year old male and willing to travel!

Fake rich, whatever you think you are is what you are...perception is everything. I have older clothes, still get compliments when worn, good sense of style, so even in jeans look rich...everyone thinks i am, so I'll go along with it. Who wants to act poor...

Live consciously....

My friend and her husband in California are an example as such. The husband earns a good amount of money but they spend way more than they should. Every dress should be matched by a designer handbag, watch and shoes. Husband keeps warning her. Last I heard, she bought a home worth a million. She calls me up and says that they are living hand to mouth and is now stressed why they went into such a huge debt. I don't know who is she trying to impress. I do feel sorry for her though.

That's crazy! Why did her husband allow her to dig such a huge hole for them? We live pretty simply, other than we eat really well and take nice vacations pretty often. Everything we have is paid for---house, cars, no credit card debt. We are set up for retirement where we won't ever have to worry about anything. I can't imagine why people would want to live in debt. What are they going to do when they are old?

We're working on that, JAS. Had a hiccup a few years back, so we're a little behind on our plan. We, too, live simply except for food and vacations. I figure that spending $ on good food is an investment into lower doctor bills in the future. And we do great vacations cheaply for the most part.

My SUV just passed 225,000. That's $100k+ in mystery shop mileage deductions ;-)

Exactly JAS, we live debt free too. House and car paid for and no credit card debt. People keep asking us why don't we buy a bigger house and I say "coz I like to sleep at night"

BTW, that husband of her is too damn scared of his wife..

Do not spend money that you do not have. We live below our means. Our family is always asking for money. Start being responsible and stop relying on people's sympathy (stupidity). I like fancy things but I can afford them. Buy quality and
you will always look like a million bucks. We contemplated purchasing a luxury car many, many times. For what? We drive to the golf course, skiing, mall, college, supermarket and to friends and family. Our Honda's and Toyotas will do just fine. I love our cars.

I really think people get hung up with "in the moment", spending. My house and car are also paid for, and I have nice clothes, one good handbag lasts for years, don't need 10 however, being retired and the cost of living, you feel you want to live, not always budget, so, I get it. I've cut way back on travel, drove a Mercedes when married, went from that to a great Honda Accord and never missed the other. now has 100,000 miles, just had an overhaul. My daughter rents a Mustang convertible when visiting, she won't drive mine as it doesn't have utube.
There are ways to cut costs, and i've learned them all, but rich is better....l think you'll never think you'll age.
I do wish I could travel more, as one ages, not only money, but friends are ill or gone... I was caught up in that life but we could afford things, my ex, always thought of the future more than me, still we were not flashy, very realistic...:nothing for show only, bought what we could afford.....

Live consciously....

I have brand name clothes, but I picked them up at thrift stores for pennies on the dollar. Our house is paid off. We never keep a balance on the credit cards. Using frugal ingredients I can make a tasty dinner for just a couple of dollars. My 18 year old CR-V just passed it's safety inspection, so it should be good for two more years.

All of our years of scrimping will pay off if Hubby retires in two more years at his target age of 62.

Happiness is not a goal; it is a by-product. Eleanor Roosevelt

Irene, Kathy, et al, clothing is an investment. Takes some time to realize that but I have been trying to teach my daughters to stop buying cheap stuff. It's working! I like the way they dress. Fun and trendy is OK but class is where it's at. I would bet I would love your closet!

There's a LOT of factors to take into consideration, which was why I commented on my lifestyle. If your INCOME supports your lifestyle, but you have your life together (no debts, investing in yourself first, stable income, etc.), by all means go buy your luxury vehicle and materials! Sames goes for purchasing a home on a mortgage. If you can afford the mortgage and have a good plan (and backup plan) to make sure you don't go into foreclosure, GO FOR IT.

I laugh when people criticize people who purchase brand name materials and what not, or have a unusually large home, but aren't tremendously rich. It's a lot of judging out there because for all we know, those people have their lives well-budgeted and going in the right direction.

Shopping the Greater Denver Area, Colorado Springs and in-between in Colorado. 33 year old male and willing to travel!

I don't criticize, but I do give my husband a "look" when we are drinking with people we know who live large and then hear their tales of woe after too many cocktails confiding about large credit card debt or some other financial misfortune.

I had a little help as far as clothing goes, I also shopped at Marshalls, knowing brands and good quality, your able to do that. My sister was a top salesperson for 40 years (couture) at Saks Fifth Ave, selling designer clothes on commission and the designer's gave her a suit at their yearly Lake Tahoe fashion show. We used to go up for Thanksgiving and shopping, getting her 30% discount and buying one or two pieces yearly that I still have.
Not doing that anymore for many reasons, but my family was into the garment business, my uncle manufactured woman's suits and coats, so, it's in my blood. My sister and I being the tallest ones in the family modeled for him when i was in my early twenties.....had some great coats. My Mother was a great seamstress and we couldn't leave the house without looking A-1, and we weren't rich, but many family members had $$$$$. Would you call that "fake rich" or high self-esteem. I could go on and on, but won't bore you...my Mother used to say, first impressions matter...I agree.

Live consciously....

Taran, I could not agree with you more. When I hear people who exclaim WTH regarding expensive items, if you can afford it in all senses of the world, great for you. Stupid people say WHY? Uuummm, because they can. There's a big difference when you can and when you fake.

Life is for living, if you really want something save your money and get it....I say why not, enjoy life. I know many that save and save, then when they retire they are sick and don't enjoy and their money goes to Dr's.

Live consciously....

My grandparents were very wealthy, yet they rarely spent any of their money. They lived very frugally and bought only things of necessity. Although me and my siblings will receive a large trust fund when we we hit XX of age, our parents taught us to learn the value of money and to earn it for the things we want in life. But @Irene_L.A.is right, hording all the money you've made and not spending it, is not good. Nor is it good to spend it all. Balance is key.

It can cost a hundred thousand dollars or more per year to live in your own home when you are frail or elderly or frail, utilize in-home services, and choose to avoid gawdawful (institutionalized) existence.

Life on the outside is expensive. On the inside, you are only existing.

so sad... but what a reason to live cheaply...

Nature does not hurry, yet everything is accomplished. - Lao-Tzu

My Mother stayed in her home and we found her a live in (not through an agency). The woman was from Russia and rented a room, she cared for my Mother, who spoke 4 languages and she became family. My Mom's house was paid for, and it hardly cost anything, with my sister providing the food, as my Mother was Kosher and we didn't want to take that away. Finding someone through your church/Temple avoids paying agency's who don't screen properly. Assisted living homes that are good cost from 4 to 6,000 a month....selling your home is the only option.

Live consciously....

Mom and Dad stayed at home with different levels of professional care. All their kids agreed that money was for them during their lives. They had what they wanted. We have the satisfaction of knowing that they received appropriate care.

Nature does not hurry, yet everything is accomplished. - Lao-Tzu

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