How to Identify the Fake Rich From the Real Rich

fake rich defines rich as “having wealth or great possessions; abundantly supplied with resources, means, or funds; wealthy.”

That same definition also pops up as the first hit in Google when you search for “rich”.

So the first result in Google comes from The first sentence is “having wealth or great possessions.”

I guess being rich means we have money and a ton of stuff, right? But what about the “fake rich”?

Now, we can define the word “rich” in many ways. It could mean we have health, a family, shelter, a job, money – whatever.

For the purposes of this post, though, the word rich will relate to money.

How to spot a wealthy man or woman

Pretend you’ve never read The Millionaire Next Door. Assume you’ve never taken a class on investments or read an article about money.

Pretend you know nothing about personal finance.

When you think of someone who is “rich” what do you see? Many would see images of suits, fancy cars, or lavish mansions.

Now, I know this isn’t what “rich” means. But I do think society has programmed our brains.

That’s why we conjure up images like this when imagining productive and successful people. As a society, we all have a ton of work to do in debunking the common perceptions of “rich people.”

Until then, here are a few observations I have about the fake rich:

Characteristics of the fake rich

Here are a few things you may notice about people who I would consider to be “fake rich”:

1. Good salaries

Fake rich people need to make good money to keep up their materialistic lifestyle. The fake wealthy people I know and have seen usually have very steady jobs that make them a good chunk of change.

2. Little savings

These people are too busy spending their income on “things” to worry about the future.

I recently interacted with a fake rich person who isn’t far off from the “standard” retirement age.

It wasn’t until now that this person realized they could live on one income while saving the other.

Think of all the time wasted.

3. Need validation

Fake rich people need you to comment on and care about their things – such as their home, their car, or their job. They’ll often talk about it in a way that prompts questions and discussion.

This is their way of validating their own lifestyle choices.

4. Own expensive things

This is the easiest way for a person to make you think they’re rich. They lease a nice car or get the newest iPhone to show you.

When you see this person with beautiful things, chances are your brain will tell you they have money (at first glance).

A fake wealthy person I know bought a new iPhone, but then when the “s” model came out six months later. The once-new phone soon became a docked music player, while they went out and bought the newer phone.


5. Love to one-up others

This goes with the point above, but fake rich people enjoy showing that they are doing better.

Better job.

Fancier car.

Bigger home.

They won’t actually say these things, of course, but they’ll drop hints.

A fake rich person recently told me their wife went out to pick up a new laptop (you know, very casual shopping trip). His wife returned with the Apple laptop AND a new Apple watch.

He acted annoyed, but when I asked the cost of the watch, he said he “didn’t know and didn’t care.” It couldn’t have been that big of a deal.

The best part was, I didn’t ask about either of these things – but he found a way to tell me.

6. Have to dress a specific way

Another easy way to show someone you “have money” is to dress in expensive-looking clothes. A new power suit always makes a person feel important.

The best example is when you go to a store like Target. You often see women rocking a designer purse, sunglasses, and what seems to be a very expensive outfit.

After leaving, they get into a Lexus that has “LEX” on the license plate (meaning it’s leased). I enjoy a good laugh.

Characteristics you won’t see in the fake rich

Here are some things you may not see or know about the fake rich:

1. Living paycheck-to-paycheck


How can someone making good money keep up with appearances, have a huge home, and buy tons of new material items? They have to spend their money!

The fake rich usually aren’t socking it away in savings. Thus, many of them are living paycheck-to-paycheck.

2. Unhappy

This comes from personal experience. My dad made great money when I was growing up, but he lived a materialistic lifestyle.

Although we had beautiful, new things all the time, he was unhappy. He worked a ton of hours, and I saw him on this constant cycle of earn-buy, earn-buy, earn-buy.

It sucked.

3. Never quite satisfied

The fake rich always seem to want more. These people have to have the newest and best to show others how much money they (think) they have.

This causes dissatisfaction on a regular basis. Imagine this perpetual cycle of unhappiness.

4. Envy others

This is one of my favorites. It takes a strong understanding of people to see this but seeing fake rich people become jealous of you is incredible.

I was with a group recently that included a few fake rich people. I mentioned that I was planning to retire at a very early age.

Many of these people laughed in my face, but I was the one who had the last laugh.

Every single one of those people leased their car. At one point or another, they’ve all talked about how tight money was at home.

None of them seemed to grasp the concept of living below your means. The mindset was that if you can afford the monthly payment, you can afford it.

While they’re working to pay for new cars, big homes, and material things, I am living below my means and loving it.

I’ll take my early retirement while they’re still working to keep up their lifestyle.

Habits of the (real) rich

These people are much more difficult to spot. If you’ve read The Millionaire Next Door you know that rich people live below their means.

They drive modest used cars and live in homes that are suitable for their needs. They’re “normal” looking people and often impossible to pick out.

From my interactions, the real rich are the opposite of all those things I listed above. Real rich people are happy and do what they love.

They don’t care what other people think of them. They understand the value of saving.

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Here are some of the most common habits of people who are wealthy:

1. Shop in bulk


The real rich shop at warehouse stores like Costco, Sam’s club, and BJ’s. Even Google’s co-founder Sergey Brin still shops at Costco.

Not only does buying in bulk save on money, but it also saves time – something a lot more valuable than money to most.

You can also order bulk groceries and household items online with Boxed.

I recently started using Boxed and it’s been amazing. In fact, I don’t even use my Costco membership anymore.

2. Look for sales

Although most rich people could afford to pay full price for most things, the truth is – most of them don’t. But shopping for deals doesn’t mean you have to skip the brand names that you love best.

Sites like and Daily Steals offer discounts on all kinds of stuff on a daily basis.

3. Use coupons and gift cards

This may seem like a no-brainer, but couponing is an excellent way to save money. According to Murray Newlands, an estimated 54% of affluent families use online coupons. Not only can you get coupons online, but I’ve also shown my readers the benefits of getting free coupons by mail.

You can also check out sites like Groupon (which has recently been revamped) or get gift cards at a discount using sites like Cardpool or Raise.

4. Repurpose old things

You don’t have to buy new clothes every season if what you have is still in excellent. Nor do you need to throw out household items that haven’t been used in a while.

Many things can be repurposed to create something new. The real rich are always looking for new ways to use what they already have.

5. Live below your means

So maybe you can afford a new BMW, but is it necessary? Many other options offer the same luxuries like expensive cars but at a much lower price point.

Maybe you can afford a five-bedroom house. But if you have three people in your family, you need to ask yourself if five bedrooms are necessary.

Take a note from some of the wealthiest people in the world – Mark Zuckerberg, Tim Cook, and Warren Buffett. They all live in modest homes.

6. Avoid debt

Although this one may be easier said than done, the real rich like to avoid having any debt. This means not taking out loans for things like cars and tend to shy away from credit cards.

If you don’t have money in your bank to pay for it, then you don’t need it. Use cash instead, there are many benefits.

With credit cards and high-interest rates, you end up spending way more in the long run. And once you go into debt, it is a lot harder to get out.

7. Make a savings plan and stick to it

The best way to save money is not to spend it. The most successful people start off with a savings plan and do what it takes to stick with it.

Whether you want to put away $100 a month or $1,000 a month, you need to make sure you meet your goals consistently.

A great way to achieve your goals is by creating a prosperity picture. Visualizing your goals can give you the motivation you need to succeed.


So how do the real rich stay rich? They merely live like ordinary people.

Remember, being frugal doesn’t mean being cheap. You can live a life of frugality and still enjoy many things in life. You don’t have to live in a mansion and drive a million dollar sports car to live a prosperous life.

As you can see, identifying a rich person isn’t always easy. Also, the ‘real rich’ don’t live as you’d typically think.

Next step for you

Do you have any fake rich friends? How have you tried to help them live with less?

I want to hear your thoughts on this concept, so please leave your comments in the box below.

Last update on 2019-12-14 / Affiliate links / Images from Amazon Product Advertising API

38 thoughts on “How to Identify the Fake Rich From the Real Rich”

  1. Awesome topic! I am downright ashamed to say that, in an earlier life, I defined “rich” in my head in the same type of way – stuff. Nice car, big house, lots of expensive crap, yada yada. And worse, part of me actually envied all that. They SEEMED happy with all their stuff, and I wanted the same type of happiness. It was only natural – them having a ton of stuff and me looking at someone who SEEMED to be happy with all that stuff and wanting something similar. Mr. Wantling at your service.

    But like you correctly pointed out, the fake rich aren’t all that happy. They make [deceptively] good salaries, but truthfully, their salaries don’t tend to be anywhere near where they need to be to maintain their holier-than-thou lifestyles. The truth is $100k these days isn’t all that grand any longer (due to their lifestyles). In fact, that’s the middle road area where people THINK they are rich enough, based on their salary, to indulge in a lot of the more expensive elements of life when, in actuality, their salary is not making them rich.

    Quite the contrary, it is making them poor. It is making them financially irresponsible. That’s where the deception comes into play with salaries that “appear” to be high. Most of the time, they aren’t.

    I view life and stuff in a whole new way. I see some young guy struttin’ around in a Porsche, the first thing that comes to my mind is delayed retirement. How sad, that guy is willingly sentencing himself to years of additional office work so he can drive around in a car that makes him feel special. How truly sad.

    I was guilty of a very similar thing in my earlier years. My Corvette – which at least I bought USED – didn’t cost anywhere near a Porsche, but still, it required me to spend thousands and thousands of dollars on something that provided nothing of value to my life. I wasn’t rich. Chances are, that Porsche driver isn’t, either. He makes himself FEEL rich by driving an expensive car. BMW drivers tend to be even worse.

    It comes down to something I believe is very simple – if you need to buy expensive things to either make yourself FEEL rich, or LOOK rich, then chances are you aren’t actually rich and all you’re really doing is screwing your future self into years of additional stress. Congratulations.

    Nice post. 🙂

    1. Phew… You rocked the hell out of that comment Steve! That is a really bad-ass way of looking at the fake rich…maybe a better name for them should be the delayed (or never) retired? I know a guy that is younger than me, so probably late 20s, and can’t make more than 50k a year..yet he drives a brand new white BMW. Everyone oohs and ahhs at his beautiful car and nice new looking clothes, but in my mind I’m thinking “how long can this guy actually keep it up?”

      One thing I’ve learned about fake rich, is that they can be truly wealthy, but not of their own accomplishment. I know a fake rich that lives off of daddy’s wealth. Sadly this drives no ambition, yet this person lives a life of luxury and never has to worry about money. So this might be another category of the fake rich…

      Now you have my head spinning…

    2. I think its not bad to look expensive wearing cheap and second hand clothes. I prefer to look decent and respectable wearing cheap clothes. Please correct me if I’m wrong. THANKS. ❤

  2. Agree! In our experience, we’ve seen the “fake rich” also taking a lot of extravagant trips, and choosing accommodations and dining that cost far more than they need to. Now — we are HUGE believers in the value of travel, and plan to do tons more of it in ER. But, going to Hawaii doesn’t require going to the nicest part of any given island, staying in the fanciest resort and eating at super pricy restaurants. You can still experience Hawaii (or anywhere) by making much smarter spending decisions. But for the fake rich, the feeling of being pampered while traveling is what they’re after. The real rich want to feel self-sufficient while traveling, because we know that that’s what leads to adventure and good stories/memories. (Who wants to hear the travel stories of the fake rich? They’re just boring tales of valets or waiters messing things up. Or airline stories — the worst!) 😉

    1. All excellent points! I agree that you can do nice vacations without going overboard, and I can honestly say every vacation I have been on I’ve seen a “fake rich” action. It sounds like you have some good stories around some of your travel experiences, though. Do you often post those on your blog?

      1. Hi Chris — So far we haven’t featured many travel stories, other than our recent epic post on how to camp and save money. And we frequently mention that we’re obsessed with banking travel points. 🙂 We’ll think about what we could share at this point, that readers might value. Once we quit our jobs, we’ll definitely be talking about travel a lot!

  3. Chris, I think you’re spot on with your profiles of the fake rich and real rich. I used to succumb to the societal programming, viewing the fake rich with envy and even trying to keep up. But for a long time now, when I see someone with the oversized house/car/luxury items, all I can think is about what must be their oversized consumer debt, or at the very least, the way they must be living paycheck to paycheck. I’ll take the security and peace of mind of having my financial house in order over that kind of life.

    1. Hey Gary! Thanks for reading and I appreciate your comments. I’m glad to hear that you think that way also… Makes me feel like I’m not crazy! But yeah, it’s funny to think that the very people “normal society” envies are actually the ones we should feel sorry for the most. Thanks again!

  4. I think the single biggest factor that separates the fake rich from the real rich is gratitude. Without gratitude, you can spend yourself into oblivian, or you can invest to the hills, but it will never help you to be happy. A wealthy person who lacks gratitude will never be rich in my opinion.

    1. Hi Hannah! Thank you for reading and commenting! That’s a really intriguing point… I have never thought of gratitude being the thing that separates rich from fake rich. It makes me wonder if the two are not able to be mutually exclusive… For example, can a “fake rich” person still have gratitude? Or would having gratitude then make them a real rich person? Now my head is spinning, but you’ve definitely given me a point to think about… Thank you!

  5. A thought-provoking post, indeed. I never really think about the lifestyles of others. But after reading this post, there have been at least a couple of people I’ve encountered putting their FW problems out there like this. Trying to challenge that mindset I think would be futile, and they keep the capitalist engine running. :/

  6. Great post! This really goes to the heart of our site title, Pretend to Be Poor, because a proverb outlines two common financial paths: “There is one who pretends to be rich, but has nothing; another pretends to be poor, but has great wealth.” So often a rich lifestyle is rented, not owned, as you said. How to tell? I think it’s in what brings you contentment. If you are content with what you have, you’ll be able to save and invest, rather than the earn-buy cycle.

  7. Then you have those that are so wealthy that they dress well, OWN nice cars and have a obese nest egg of 401(k) ,diversified portfolio’s and Roth IRA’s and sit at the board of trustees for a company that raises venture capital for startups. I see what your getting at in the article but there are those who maintain the lifestyle you described and have enough tucked away for an average Joe to retire. Growing Up in a place where Target is considered much to pricey, I know no matter what you make there are people irresponsible with money but I’d rather live paycheck to paycheck on 100,000 a year cause of my spending habits then paycheck to paycheck because I make just enough to cover food,rent,utilities and the gas to make it to the low paying job that’s allowing me to scrape by, thankfully this is not my situation but I’ve seen enough of it growing up and still see plenty today…The only people I ever hear saying money doesn’t bring happiness are those with eit
    her alot or those with none at all who heard it from someone else,but this is all opinion

    1. Hey Ron – that’s a good point, and the article was definitely written to help identify those who are living beyond their means. Sure, there are truly rich people who also live a seemingly lavish life, but that’s not the average millionaire. Have you read The Millionaire Next Door? The research and findings throughout the book are astonishing. Thanks so much for taking time to read the post and comment!

  8. I love to buy beautiful things antiques designer clothing fine cars a beautiful show place of a home.. I buy expensive things because I love it, not to one up anyone.. I don’t tell anyone about what I buy.. unfortunately I realitives that show off and I just say to them “ohh that’s great !!” It seems tochill them out..

  9. Most of my friends are living “pretend rich” lifestyles. I feel like I am so poor compared to them. But I stopped myself from feeling like this when I am with them. I just sit from the sideline and watch them keep up with each others’ designer bags, shoes, watches, cars, husbands (each of them has the best husband in the world, seriously?), and more. I can’t help but be amused. Here I am in a restaurant with them having lunch wearing jeans, shirts and sneakers from Walmart. They start making a grand entrance (late as usual) in their fancy designer outfits from head to foot. No one would volunteer to pick up the tab. They would rather want to pay separately for their meal. I would offer to pay for our lunch. The look of relief on their faces would make me go high like I was on drugs. Anyway, I don’t hang out with them that much. Designer label is everything for them. It’s what define them. While they were boasting about their latest purchases at Macy’s, I was bragging about my recent vacation. They find it a boring topic.

    1. Wow! Thanks for your comment Marie. We’re definitely in agreement on the topic. I have a couple of ‘friends’ like that too, and it just becomes exhausting. I’ve learned you can’t change those people – they have to want to change for themselves. Thanks for reading 🙂

  10. Nice observations.
    But I have found that validation is really important for almost everyone. The really rich validate once and then opt for simpler lives. That way they have this “rich but simple” image.
    The fake rich have to validate on a continual basis in case people think they are poor.
    Mark Zuckerberg, Warren Buffet etc know that people know their importance and wealth. Hence they pursue the simpler life.
    There are even some fake rich who validate once and then try to live a simple lifestyle hoping people will think them really rich.
    Its entertaining to say the least.

  11. Chris, I’ve lived my entire by these principals. I was taught at a young age to save money. I was 12 years old and had saved over 2,200 and that was in1977. I continue to live well below what I could afford, but with a richness to life. I’ve been self employed for over 30 years. It can be done. Love your message. Please keep educating people about real and fake rich.

  12. I am from a large family and had two brothers, one was killed in a auto collision and the other is 4 years older. My brother has always been so competitive and has always had to out do me on everything. We both are in our seventies but all during the years he always had to appear like he was wealthy. I would never compete with him and never revealed what I made at my work or how much I saved. When I revealed that I was retiring at fifty five years old. He scrambled to not let me get anything over on him and he retired also. By accident my sister found out how much money I had saved and let it slip to him that I am a millionaire, Well this infuriated him and he stopped speaking at that point. I have always lived well below my means and still do. Like Sam Walton, I drive an old pick up truck and see no reason to buy a different one as long as it runs OK. In retirement I have not had to use any savings and live fine off my SS and pension. NEVER play “Keep up with the Jones’s”.

  13. Over here in the UK there’s been an explosion of people having cars they couldn’t normally afford by leasing them – it’s quite amusing in a way, seeing shiny new BMWs, Mercs and Audis outside small terraced houses!

    Meanwhile the genuinely rich people I know all drive more modest and, indeed, often older cars. Similarly, those same people will wear nondescript clothes, no “in your face” designer wear. Traditionally in the UK it’s considered vulgar to flaunt wealth, those who have it tend to be more discreet.

    From experience much of what you say rings true. However, I’d disagree with the credit card point, as here at least you get valuable consumer protection if you pay by credit card. (It’s called Section 75 and means that your card company is jointly liable for anythng you buy on your card. Great if you pay for something and the company goes bust before it’s delivered!)

    Further, credit cards – when paid off in full each month – are an excellent way of getting air miles and the like. Indeed, I put everything I can through mine each month, even if it’s only a sandwich from a local shop.

  14. Hello Chris,
    A very thought provoking topic, and may I also add somewhat depressing too.
    The fact that so many of us in society feel compelled to be greater than the next person,whilst purchasing a lifestyle through loaned finances to achieve this outcome, is almost a sociopathic condition.
    My girlfriend and I rent a house,and our neighbours a couple of doors along look down their noses at us.Their mentality assumes that because they pay a mortgage, they own their home, and not their bank.He even arranged for the mortgage to extend to paying for his pick-up truck (which my girlfriend overheard in his conversation with his parents,who wondered if he was overstretching his finances).
    His girlfriend (whom we refer to as the “princess”) also has a brand new car on finance,and works at a reception desk,at the local clinic.

    But more laughable is the boyfriend. His truck is better suited to someone working on a construction site,who would use it to transport a couple of workers,and all the tools and equipment in the back of it.It is merely used as his means of commuting to his work.And when not working, will be constantly wiping it down with a duster,whilst looking his nose down at me with my 9yr old car,which I bought and paid for.
    And the best part of all,is that he hides what he does for a living from all the neighbours. Not that I could care less.But he accidentally let his guard down. He would normally dry his clothes on his line outside, making sure that his polo shirts were always inside-out,hiding the company emblem and logo of his employer from view……Except for one top (let his guard down) …He doesn’t know that we now know who he works for,his exact job type,and where…But will continue to cover up his tops,or cover the emblem/logo when he has to pass our windows. We don’t care where he works,but pity his behaviour of maintaining the lie of being wealthy.
    He must look pretty out of place,turning up at his work to clean train carriages with his crew cab pick-up, when a cheap runabout would easily get him to his less than 20 mile round trip commute.
    I suppose we wouldn’t have started to watch their weirdness, if they didn’t behave in the manner they do,and particularly him creeping about, not to be seen from leaving his house,and making his “hand in a sling” manoeuvre to get to his truck.

  15. I thought this article really limits its scope to American born white wealthy new money people, as I know a lot of real rich persons from other cultural backgrounds that live very differently. Also, debt is an acceptable way of financing large purchases when one’s investments yield higher returns than prime interest rates. This is an article that might not be entirely relevant to the top 1 percent, and people like Warren Buffet and Mark Zuckerberg are new money acceptions to the norm where housing is concerned. Old money is comfortable in their luxury in the same Sen that most middle class Americans think Applebee’s serves edible food. Being a millionaire isn’t a big deal any more. Sorry.

  16. From my experience and not from theory is that real rich people dont have many friends or not at all,they tend not to be generous to others, their not involved in sports,hobbies or romance because it will cost them money.You all heard of Scrooge he was rich but he was miserable and without friends. He learned that being rich did not fulfill is life.We use the word frugal to shield our true self from others and we live a lõnely life.

  17. I have a 47 year old coworker who spend way beyond her means. She just cashed out her 401K which only had $30,000 to use as a down payment on a $500,000 home. She only put down 3% and has had a previous foreclosure in the past. The home is not in a desirable area and now she is remodeling the house with hardwood floors and a new kitchen. She takes lavish vacations and only stays in suites. She also just purchased three new cars. One of the cars is a Dodge Challenger with 24″ chrome wheels. She has four children and two dropped out of college and choose to stay at home playing video games all day. She wears designer clothes and purses and is one paycheck away from being on the street. She chooses to continue to spend out of control. I also know a guy who is a messenger that has to act like he is a millionaire. He purchased a Mercedes CLK with over 150,000 miles on it. He cannot afford his rent or clothing for his kid. He wears a thick gold chain and $200 Air Jordans. When he comes by to watch basketball of football he acts like he is the richest person in the room. I feel really bad for him.

  18. Interesting, maybe theres a thirst for the constant “fake rich” to “fit in” Maybe, there peers are subconsciously enabling this vicious circle, dare I say partaking? stroking there own egos at the exspenses of someone else? for there own social comfort? Or Narcissism maybe? Then does that make the whole group simply far too complicated? “Rich” “fake rich” “fake poor” or just fake? Who decides then? whose the superior authority? I’ve definitely been the fake rich, because I simply wanted to “fit in” Did it work? Absolutely! The people I sorrounded myself with were just as bad or they would have left? Wouldn’t they? whether financially, socially, racially! in any way if our needs are being met and we can all coexist “harmony” whether “fake”Whether I have £1 or £1billion, I’ll always be accepted into a “group” And people say money doesn’t make you happy, and it doesn’t, because I thought my life would instantly become validated, id have it all? Show all those who doubted me that I was something that they promised me I couldn’t be! So I earnt my money! Brought some “fake” friends who would stroke my ego, tell me what I want to hear! I’ve got it all, But hang on, where did all my friends go to show off to now I actually can? Dann? Now what.. I miss them, i can join another group? Or I can define myself? And for the first time ever sit and listen at a party, I don’t have to place myself anywhere I don’t want to be, not because of how much money I have or haven’t got, but because “fake” “rich or “poor” whichever side you postion you are, as long as you can stand in the mirror and I’m proud of the person I am, because I can identify the difference,i don’t have to prove myself to the world not because ive made it. Because Who even says I have? My bank manger? My attitude? The way I rely on other people to tell me What I should and should not be happy with?My instagram? My car? Fame? I’m realising nobody knows, so I guess I define me, the worms will carry on, but the real friendships which simply expose from a mutual respect, they help me grow, You make your judgments just as I make mine, that’s how it goes, and thats ok, Rich or poor, Respect is earnt! Not brought! And if your the “fake rich” or “fake poor” trust me, you won’t know. 😜

  19. This is a good article , very true in some ways. There are the fake rich that buy expensive items and all but also real rich who buy expensive items so it can be hard to decipher, especially in new york where a 3 bedroom can cost 1Million+. Very good points though , I do have some people I know who are actually worth many millions ( 20- 100Million and they all live in expensive condos or homes but they dont drive expensive cars nor where expensive jewelry , they look normal. They do travel a lot though but are very cheap as well especially with gifts 🙂

  20. Excellent read top to bottom. The aforementioned, IMO, is mostly correlated to our (USA) indoctrination & pursuit of the American dream. We nowadays see the American dream as a given. Movies, TV, peers, teach us to work hard and you can attain anything. I don’t believe the money shapes a persons behavior regarding if he’s “all go or all show”, but the reverse. Upbringing, need for validation and attention, and so forth dictate the spending.

    I’m lucky enough to be self employed servicing the wealthy and affluent. My own personal summation is that the true rich maintain a wall up; subconsciously in fear you may ask for something, ie favors, start up loan, more. Sorta like meeting a gal for the first time and it’s obvious she’s not into you. Courteous but firm…a tad brief….distant. I DO disagree with the generalization that true wealthy folks live in simplicity. Obviously when one generalizes there will be exceptions. And boy I’ve seen some. The most interesting one is a story of a very well known and true rich individual, whom you would recognize his name, who purchased a new second jet while keeping the exact same model 2 years apart. Why??? The first jet made him bend his head forward and down a bit. The new model had 2” more. I know this story because I got chatting with the mans personal assistant (I don’t know his actual title) who also thought the airplane upgrade was over the top too.

  21. I grew up on the ”real rich” side. Both my parents and grandparents are millionaries. This article has it spot on as I grew up in your average $170,000 (normal for my area) My parents actually now bring in more money a year with there income than the house is worth. We all drive hondas (mostly civics) that we payed for in cash. My grandparents live in a house that still has barley been renovated since the 80s. But what I have found is that the real rich tend to spend more money on traveling and experiences. My grandparents took my cousin and I to a trip to Italy for our graduation. I now am going to a family trip to Spain this summer. Still even our trips are some of the most frugal. We stay in your average hotels nothing fancy and we fly the best priced flights (for Spain we are driving 8 hours to jfk). My parents are only around 46 years old and plan to retire within 10 years and travel the world like my grandparents. Growing up with some of the most frugal people really opened my eyes that the best memories I have are from experiences and travels then from the we drive our the house was live in. I hope to someday be able to live the life my parents and grandparents live.

  22. Ross u making me laugh.. Your neighbor is just like my neighbor who lied he is a professional nurse yet he can’t even afford to buy his many children new school uniform i found out that he is a cleaner at an old aged home…

  23. Fantastic article! I often times find myself trying to keep up appearances by purchasing the latest fashions, all in an effort to portray an affluent lifestyle and impress people. This has lead to me having no savings, and living paycheck-to-paycheck. No more! Thanks for the great advice.

  24. It’s odd the amount of people on here that disagreed with what was written, all seem to have about a 5th grade education, based on their poor use of grammar. I mean, I suppose “Natasha” might be from Russia, and her English can’t be expected to be like a native speaker, but she and many of the other commenters can’t seem to slap together a coherent sentence. So what I’m saying is that fake rich people being total asses is spot on. Some of the commenters proved it. It would be reasonable to assume that if you were legitimately rich, you wouldn’t feel the need to waste your money or try to impress anyone with it. It’s like insecure actors who attack everyone around them, because they know they aren’t really that good at their job. They’re faking their way through life, just like the people on YouTube that hold up a fan of dollar bills, trying to convince viewers that they’re living on mounds of money.

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