Fake rich? Affluent millennials are more likely to exaggerate to appear wealthy
Fake rich? Affluent millennials are more likely to exaggerate to appear wealthy
Inflation has prompted even wealthy Americans to curb their spending habits. But affluent millennials still feel pressured to show they're successful.
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This is normal for all generations. Back in the 1990s the then popular 'the millionair nextdoor' couldn't find any rich people living in rich areas. They had to go to the poor run down neighborhoods to find people who had real wealth. (their neighbors were mostly the really poor just barly getting buy, but mixed in where some of the true rich)
When he was a little boy, Sam Vimes had thought that the very rich ate off gold plates and lived in marble houses.
He’d learned something new: the very very rich could afford to be poor. Sybil Ramkin lived in the kind of poverty that was only available to the very rich, a poverty approached from the other side. Women who were merely well-off saved up and bought dresses made of silk edged with lace and pearls, but Lady Ramkin was so rich she could afford to stomp around the place in rubber boots and a tweed skirt that had belonged to her mother. She was so rich she could afford to live on biscuits and cheese sandwiches. She was so rich she lived in three rooms in a thirty-four-roomed mansion; the rest of them were full of very expensive and very old furniture, covered in dust sheets.
From Men At Arms by Terry Pratchett
It reminds me of the commercial from a few years back where they're like "Bob, you have a nice car, big house and inground pool. How did you do it?!" and he responds happily "I'm in debt up to my eyeballs!"