Things That Scream “I’m Pretending to Be Upper Class”
Smart Money Happy Hour with Rachel Cruze and George Kamel
Deep Dive
What are some behaviors that scream 'I’m pretending to be upper class'?
Behaviors include wearing flashy designer logos, name-dropping, bragging about kids, ordering in another language to sound cultured, giving unqualified expert advice, and flaunting wealth on social media. These actions often come across as trying too hard to appear wealthy or cultured.
Why is name-dropping considered a pretentious behavior?
Name-dropping is seen as pretentious because it often comes across as an attempt to elevate one's status by associating with famous or influential people. It can feel like a way to show off or gain social validation, especially when done excessively or inappropriately.
What financial habits are often used to appear upper class but are actually wasteful?
Wasteful financial habits include buying flashy designer logos, leasing luxury cars, ordering expensive wine beyond one's budget, and flaunting wealth on social media. These actions prioritize appearances over actual financial health and wealth-building.
Why is leasing luxury cars considered a poor financial decision?
Leasing luxury cars is a poor financial decision because it involves prepaying the depreciation of the vehicle, making it the most expensive way to finance a car. It often leads to a cycle of debt and financial strain, as people prioritize appearances over long-term financial stability.
What is the concept of 'stealth wealth' or 'quiet luxury'?
Stealth wealth or quiet luxury refers to the idea of owning high-quality, understated items without flashy branding. Truly wealthy individuals often avoid overt displays of wealth, opting for subtle, high-quality possessions that don’t scream for attention.
What is the problem with over-accessorizing to appear upper class?
Over-accessorizing, such as wearing flashy nails, expensive watches, or strong perfume, can come across as trying too hard to appear wealthy. It often reflects a focus on external validation rather than genuine self-confidence or financial health.
What is the importance of not caring what others think when building wealth?
Not caring what others think is crucial for building wealth because it allows individuals to focus on their financial goals rather than spending money to maintain appearances. This mindset helps avoid unnecessary expenses and fosters long-term financial freedom.
What is the Japanese Slipper cocktail, and how was it rated in the episode?
The Japanese Slipper is a cocktail made with Midori (a sour green liqueur), lemon juice, and triple sec. It was rated 10/10 by George for its sour candy-like taste and 9/10 by Rachel. The cost per glass is $1.82, making it an affordable luxury.
What is the 'Guilty as Charged' segment about?
The 'Guilty as Charged' segment is where the hosts confess to purchases or behaviors that made them feel like they had 'made it.' Examples include buying designer shoes, getting extensions, or splurging on luxury home upgrades like epoxy garage floors.
Shownotes Transcript