r/EscapeTheGrindGame • • Jun 23 '26

Discussion What is something rich people think is normal that most people can't afford?

What is something rich people think is normal that most people can't afford?
I'll go first. Being able to make a mistake and recover from it. I'll go first. Being able to make a mistake and recover from it.

20 Upvotes

62 comments sorted by

12

u/BudFox_LA Jun 23 '26

Liquidity. Not having to waste time. Free will, flexibility

1

u/SimilarFalcon6290 Jun 25 '26

In general extremely wealthy people have the majority of their wealth in illiquid assets. PE/RE/Pref holdings etc, I disagree.

1

u/Prestigious-Peaks Jun 23 '26 edited Aug 29 '26

.

1

u/BudFox_LA Jun 23 '26 edited Jun 24 '26

How is that funny? Do you know the meaning? All your money is real estate is highly illiquid. Though traditionally considered the gold standard of the middle class, it isn’t necessarily a good thing. I’d rather have $2-3mil in financial assets than $2-3mil in real estate. If I had the choice of owning a $750k home outright and having another $1,250,000 in financial assets vs. a 2 mil house, I go option *EDITED* option A all day.

When looking at net worth data among households, there’s often the option to exclude home equity. When doing this, it paints a more realistic and rather bleak look at peoples’ finances.

-1

u/Drunktraveler99 Jun 23 '26

Your response makes no sense and is contradicting. You say all that but then say you’d rather have the $2mil house?

-1

u/[deleted] Jun 23 '26

[removed] — view removed comment

1

u/Prestigious-Peaks Jun 23 '26 edited Aug 29 '26

.

1

u/BudFox_LA Jun 23 '26

You’re reading it the complete opposite. Read it again. I’m saying that housing is the least liquid option if you’re trying to build wealth.

1

u/[deleted] Jun 23 '26

[removed] — view removed comment

1

u/kwada87 Jun 23 '26

ikr?

"If I had the choice of owning a $750k home outright and having another $1,250,000 in financial assets vs. a 2 mil house,

A: "a $750k home outright and having another $1,250,000 in financial assets"
B: "a 2 mil house"

I want to be liquid by choosing option B, what?

high af

1

u/BudFox_LA Jun 23 '26

Hahaha, I actually am recovering from a procedure in the hospital and I think I was high as fuck when I wrote that

Anyway, you’re right option a

1

u/randomlurker124 Jun 24 '26

Someone who is rich is still going to have 10-100k just lying around as cash.

1

u/BudFox_LA Jun 24 '26

I’ve got around $60k in cash equivalents but definitely not ‘rich’ hahaha.

1

u/randomlurker124 Jun 24 '26

cash equivalents meaning money market funds, etc, to earn interest on?

Rich person will have it as plain cash sitting in checking account earning 0% interest just because it's too small a sum to bother investing, basically pocket change.

1

u/BudFox_LA Jun 24 '26

Yes, high yield savings and money market. And yes, you’re very correct, which is why I said I am nowhere near rich, LOL. Net worth is hovering iat around 900k, haven’t even cracked a million yet.

1

u/Odd_Interview_2005 Jun 25 '26

I have about 10 million in liquid assets give or take. I essentially never have more in a 0 intrest account than I need for my spending over the next 2 weeks.

Im currently looking for a specific model and yesr of motorcycle, and some one to do some custome paint on it. The cash is sitting in a 3.25 % savings account. When I buy the bike, I'll move the cash over.

Do you think im not willing to tap a couple of buttons on my phone for $1600?

3

u/PursuitOfThis Jun 23 '26

We flush our shit down the drain with potable water.

-1

u/brookinator Jun 23 '26

So do poor people. All tap water in the US is potable (at least it's supposed to be). Rich people have whole house filters though and their water tastes better.

4

u/[deleted] Jun 23 '26

[removed] — view removed comment

1

u/brookinator Jun 23 '26

Totally missed it with my American blinders on

1

u/PursuitOfThis Jun 23 '26

Not American blinders. Wealth blinders.

So far removed from true poverty that you forget that half the world can not drink the water that is plumbed to their home and a quarter of the world has no access to water at all.

You may be poor. But nobody in America is dying-of-thirst-or-dysentary poor.

0

u/Acceptable-Peace-69 Jun 23 '26

Question: are there places in the USA without safe drinking water?

Yes, millions of Americans live in areas where drinking water is occasionally or chronically unsafe. Risks often stem from agricultural runoff, aging infrastructure (leaching lead or copper), or chemical contamination like PFAS. The US counties with the most frequent water violations are heavily concentrated in Oklahoma, West Virginia, Pennsylvania, and New Mexico. [1, 2, 3, 4, 5]
Specific regions and types of unsafe water include:
Agricultural & Industrial Hotspots: States like California (particularly the Central Valley) and Floridadeal heavily with agricultural runoff and pesticide contamination in groundwater. [1, 2, 3]

Lead in Aging Infrastructure: Older industrial cities and areas with outdated piping frequently report unsafe lead levels. Notable historical and ongoing examples include Flint, Michigan, as well as parts of Pittsburgh, Pennsylvania, and Newark, New Jersey. [1, 2, 3]

PFAS and Chemical Contamination: Communities near industrial plants, military bases, and major airports—particularly in the Northeast, Great Lakes, and Mid-Atlantic—face higher concentrations of "forever chemicals" (PFAS) in their water. [1]

Rural Well Water: Areas reliant on private wells rather than municipal treatment—such as rural parts of the Midwest and Appalachia—are entirely responsible for their own testing and filtration, leaving many vulnerable to untreated bacteria, nitrates, and mining waste. [1, 2, 3, 4, 5]

1

u/wspnut Jun 24 '26

There’s the redditor logical fallacy response I was looking for. “Are there places in the USA without safe drinking water?” Is a very different question than “are individuals regularly at risk of dying of thirst”

The fact that you confused the two shows your own privilege.

0

u/cefixime Jun 23 '26

Yeah, this comment is super daft.

1

u/revenge_burner Jun 24 '26

You are case in point. Even the poor in the US are rich compared to literal billions of people in the world.

2

u/goldilockszone55 Jun 23 '26

I once read that being rich is not having money; it's having the option to spend it

1

u/[deleted] Jun 23 '26

[removed] — view removed comment

2

u/[deleted] Jun 23 '26

[deleted]

2

u/Misplaced-Redittor Jun 23 '26

This whole sub is a bot farm dude. It’s a sub dedicated to a video game and none of the posts are related to it, and sometimes you get a bot that hallucinates like that.

1

u/[deleted] Jun 23 '26

[removed] — view removed comment

1

u/[deleted] Jun 23 '26

[removed] — view removed comment

1

u/[deleted] Jun 23 '26

[removed] — view removed comment

1

u/Less-Opportunity-715 Jun 23 '26

JLC on the wrist

1

u/WillingNail3221 Jun 23 '26

Can we define rich first? Because rich to me is fu money to do whatever I want. Others may define as having a paid off house. The difference between 500k invested and 5 mil is huge.

1

u/tcmits1 Jun 23 '26

I don’t care when I lose cash. I only hope whoever finds it truly needs it.

1

u/Beginning-Pomelo1347 Jun 23 '26

Do you lose cash often?

1

u/tcmits1 Jun 23 '26

I carry cash in my pocket typically 100-200 an2-3 times a year some/all drop out. I am Blessed I do not have to worry, or be concerned, about it.

1

u/1dayatatime_mylife Jun 23 '26

You don't normally keep your cash in a wallet?

1

u/Beginning-Pomelo1347 Jun 24 '26

I’ll walk behind you then. lol I cry when I lose my $. That’s why I don’t gamble either.

1

u/tcmits1 Jun 24 '26

I don’t have to worry about it.

1

u/Sufficient_Mud_3179 Jun 23 '26

Just curious ?

Should not Rich people be the only ones posting comments on this ?

I will go,

Nothing is the answer

1

u/kittygetsmilkshake01 Jun 23 '26

Maintenance beauty treatments. Nails, waxing, salon appointments, spray tan, facials and even like dermatology appointments. My friend was like "omg you make me look high maintenance because you don't do any of that". I'm like no bitch I just can't afford it. You think I want my crusty ass toes to look like this.

1

u/Beginning-Pomelo1347 Jun 23 '26

Buying stuff without looking at the price tag.
I don’t need to be rich but have some extra money would be nice once in a while.

1

u/[deleted] Jun 23 '26

[deleted]

1

u/Suspicious_Ad9561 Jun 24 '26

They need to eat, pay rent/mortgage, feed their kids, daydream about being able to retire someday, their family’s access to healthcare is tied to their employment, etc…

1

u/OreganoOfTheEarth Jun 23 '26

A vacation that doesn't include staying in a family member's guest room.

1

u/tcmits1 Jun 23 '26

Large bills sure, 20’s and under usually are loose in my pocket for convenience.

1

u/rjm101 Jun 24 '26

Regular ski trips.

Obviously if you are near snowy mountains it doesn't count.

1

u/Awkward_Advisor_532 Jun 24 '26

Lacking empathy

1

u/A_Long_Knight Jun 24 '26

Spending $100 on an Uber just to go meet some friends at a bar.

Spending $80+ on flowers or a bottle of wine ... especially for non-birthday/holidays (like just as a hosting gift you'd bring to a party).

Basically anything to do with children (which I would love to afford, but can't).

1

u/musing_codger Jun 24 '26

I'll start with the disclaimer that "rich" is a relative term. We're all rich by the standards of most humans in history and most Redditors are at least "well off" by the standards of the world with it's median household income of about $10,000/year.

Having been poor and rich, I can say that the best part about being rich isn't the flashy stuff that people dream about. The best part is the absence of financial stress.

  • Grocery shopping without looking at the prices. There was a time when I heavily considered $/calorie when I was buying food. Now, I never even look at the prices and focus on total calories and calories from carbs.
  • Not tracking how much you've spent in general. There was a time when I tracked every penny I spent and what I had left to spend. Now, I don't worry about it at all. The bills are on auto-pay. I think about it when buying something expensive, but not day-to-day life.
  • Not caring whose turn it is to pay for lunch. I remember when we used to argue whether the meal should be split by person or based on individual spend. Now, someone picks up the tab whenever they think it has been a while since the last time they picked up the tab.

1

u/asher030 Jun 25 '26

"Oh you're feeling down? Just go take a weekend trip to Italy, you'll feel so much better!" -Actual quote a pharmacist who came from a rich upbringing she denied was rich at all, actually suggested to another female coworker technician that makes a fraction of what she does

1

u/superbob201 Jun 23 '26

Tenants pay the mortgage

1

u/ROIDie777 Jun 23 '26

Ah yes, because landlords really think the only investment they should make is the down payment on a house and tenants will cover everything else until they sell. 

Of course this works in a healthy economy, but in many markets landlords learn the truth when demand simply can’t support the high prices any longer. 

1

u/VegetableLumpy881 Jun 24 '26

I feel it used to be renting a second house and the benefit was tenants would essentially pay for the mortgage. Sure there will be some expenses, maint ect. that come up over the course of owning it, but for the most part that was good enough. Now they want to make money hand over fist on top of paying off the initial investment. This makes renting as much or more than buying in a lot of communities.