Submitted by Loveroffinerthings t3_11wyxka in RhodeIsland
[deleted] t1_jd3l4b5 wrote
Software engineer, 6-figures.
Drowning in debt, living paycheck to paycheck.
Can’t blame economic woes for my situation, this is entirely my own fault.
You wouldn’t be envious of my car or my home, if you saw what % of my income they are.
“Quarter tank of gas, in my new E-class, but that’s alright, because I stay fly”
[deleted] t1_jd3mhon wrote
My own situation aside….
I know a TON of people my age (30s) that have waterfront houses, $100k+ cars, constant exotic trips, etc.
All of them are daddy’s money. The houses are the parents investment houses, the cars are leased to their parents business, their “jobs” are six-figured at parents business to be “social media managers” not doing anything, etc.
Only know one person who’s in their 30s, and self-made living that lifestyle. She is an OnlyFans content creator.
Know a lot of people in the car scene. Good chance that when you see an exotic, it’s actually an investment. I know one person in particular that still lives at home with his parents, and has a McLaren, which has increased in value similar to the housing market.
Generational wealth is definitely the name of the game around here.
Also know some people who made out like bandits when selling their homes in the past few years. Specifically people who bought an investment property in 2017-2019, and decided to sell it recently. They ended up with an extra 6-figures in their bank account, and a lot of them blew it on fancy cars and stuff, instead of jumping back into real estate market immediately.
howsyourlife t1_jdncev7 wrote
Just curious man, are these faux wealthy people you know born-and-raised in RI or from other parts of the country? The reason I ask is because outside of a few pockets in RI (Newport, EG, etc), you usually don't see that kind of flashiness. People from Long Island, Dallas, and California on the other hand...
[deleted] t1_jdnkbcv wrote
They are almost exclusively from those pockets you mentioned.
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