1 00:00:00,680 --> 00:00:01,520 Speaker 1: How do you know? 2 00:00:02,440 --> 00:00:05,400 Speaker 2: And I don't mean an obvious way, like because they 3 00:00:05,480 --> 00:00:07,400 Speaker 2: got it rolls royceis something. How do you know when 4 00:00:07,400 --> 00:00:11,039 Speaker 2: you got a rich rich friend, how do you what 5 00:00:11,119 --> 00:00:13,920 Speaker 2: is what is a telltale sign? And again not a 6 00:00:13,960 --> 00:00:17,760 Speaker 2: material item? Oh like Ruvio with this tesla. I mean 7 00:00:17,920 --> 00:00:18,480 Speaker 2: he's rich. 8 00:00:18,440 --> 00:00:21,239 Speaker 1: Rich, but look at price tags when they're shopping. 9 00:00:21,440 --> 00:00:24,360 Speaker 2: Okay, yeah, but how do you know? I guess, well, 10 00:00:24,360 --> 00:00:26,400 Speaker 2: that's that's rich rich if you just buy and stuff 11 00:00:26,400 --> 00:00:27,320 Speaker 2: it and you don't even look. 12 00:00:27,400 --> 00:00:28,160 Speaker 1: They don't worry. 13 00:00:27,960 --> 00:00:30,479 Speaker 3: About like when it says MP next to food, they're like. 14 00:00:30,960 --> 00:00:34,319 Speaker 1: You know, oh market price. Yeah, they're not concerned. When 15 00:00:34,360 --> 00:00:36,600 Speaker 1: they're very knowledge about money. You know what I'm saying, 16 00:00:36,680 --> 00:00:41,640 Speaker 1: Like honey, oh I put my diversify in one. You 17 00:00:41,640 --> 00:00:43,000 Speaker 1: don't have to be rich to know about it. 18 00:00:43,240 --> 00:00:43,519 Speaker 4: They have. 19 00:00:45,040 --> 00:00:47,280 Speaker 1: Like you got money to sell, you move it money 20 00:00:47,360 --> 00:00:48,840 Speaker 1: right the right way, you know what I'm saying. 21 00:00:49,240 --> 00:00:50,920 Speaker 3: And you do have to be rich because trust me, 22 00:00:50,920 --> 00:00:52,640 Speaker 3: if you're poor, you're not growing up hereing those words. 23 00:00:52,640 --> 00:00:54,800 Speaker 1: I would tell you that that means, well, you. 24 00:00:54,800 --> 00:00:56,240 Speaker 2: Know, I guess what I'm saying is you don't have 25 00:00:56,280 --> 00:00:59,560 Speaker 2: to be rich to ask questions about financial literacy and 26 00:00:59,640 --> 00:01:02,760 Speaker 2: to say right true. I used to think early in 27 00:01:02,800 --> 00:01:04,759 Speaker 2: my career when I made no money, that I didn't 28 00:01:04,800 --> 00:01:06,520 Speaker 2: have enough money to save. But I wish I didn't 29 00:01:06,600 --> 00:01:10,320 Speaker 2: think that, because I did, and I wish I had 30 00:01:10,360 --> 00:01:15,479 Speaker 2: saved earlier in my career. Paulina, what is an sort 31 00:01:15,480 --> 00:01:18,920 Speaker 2: of an unwritten way that you know if you got 32 00:01:18,920 --> 00:01:19,720 Speaker 2: a rich rich friend? 33 00:01:20,319 --> 00:01:22,880 Speaker 3: I would say the kind of statements that they make. 34 00:01:23,000 --> 00:01:24,440 Speaker 3: And by that it's like the question. 35 00:01:24,280 --> 00:01:24,880 Speaker 1: Like I'm rich. 36 00:01:26,840 --> 00:01:29,320 Speaker 3: No, it's more of like like when you go on vacation, 37 00:01:29,480 --> 00:01:31,080 Speaker 3: like like where do you go on vacation type thing? 38 00:01:31,120 --> 00:01:32,600 Speaker 3: Like I grew up going to like, you know, camping 39 00:01:32,600 --> 00:01:34,440 Speaker 3: on the forest and they would go skiing and ask been, 40 00:01:34,600 --> 00:01:36,360 Speaker 3: I mean, you tell me who's the rich friend? 41 00:01:36,360 --> 00:01:36,959 Speaker 1: You know what I mean? 42 00:01:37,080 --> 00:01:39,080 Speaker 3: Like I think of it that way, like Okay, this 43 00:01:39,160 --> 00:01:41,000 Speaker 3: is what you do on your spare time, and I'm 44 00:01:41,040 --> 00:01:42,840 Speaker 3: over here working three jobs, so you know what's kind 45 00:01:42,880 --> 00:01:44,040 Speaker 3: of r Well. 46 00:01:44,200 --> 00:01:45,640 Speaker 2: The other thing I learned, by the way, is that 47 00:01:45,760 --> 00:01:48,360 Speaker 2: trips and material items actually really don't tell you if 48 00:01:48,360 --> 00:01:51,840 Speaker 2: someone's actually rich. It just tells you if someone wants 49 00:01:51,840 --> 00:01:54,000 Speaker 2: you to think they're rich. I've learned that because some 50 00:01:54,040 --> 00:01:56,800 Speaker 2: people you find out that it's all leased in on 51 00:01:56,960 --> 00:01:59,320 Speaker 2: credit cards and they owe a ton of money and 52 00:01:59,320 --> 00:02:02,160 Speaker 2: they don't really have it, I think. But this was 53 00:02:02,160 --> 00:02:04,280 Speaker 2: a question on Reddit and then the Daily Mail went 54 00:02:04,320 --> 00:02:06,960 Speaker 2: through and like I guess, consolidated here. But here are 55 00:02:07,120 --> 00:02:11,119 Speaker 2: signs that you know that somebody is quietly rich rich 56 00:02:12,720 --> 00:02:16,840 Speaker 2: shunning designer clothing and logos. Apparently the super rich people 57 00:02:16,880 --> 00:02:19,320 Speaker 2: these days, they don't wear anything with a print on it. 58 00:02:19,480 --> 00:02:21,800 Speaker 1: Yes, that's what rich rich hat. 59 00:02:22,080 --> 00:02:26,400 Speaker 2: Like if you watch Succession, like that he wears one 60 00:02:26,400 --> 00:02:29,480 Speaker 2: of the dudes wears Kendall wears a baseball hat, which 61 00:02:29,480 --> 00:02:32,000 Speaker 2: apparently is a new rich rich accessory that's like eight 62 00:02:32,120 --> 00:02:35,840 Speaker 2: hundred dollars. It's an eight hundred dollars brown hat and 63 00:02:35,880 --> 00:02:38,760 Speaker 2: it's just a baseball hat. There's nothing, no logo, wanted anything, 64 00:02:38,960 --> 00:02:42,240 Speaker 2: but apparently that's the new super rich accessory. But it's 65 00:02:42,240 --> 00:02:44,240 Speaker 2: eight hundred dollars. But if you watch it, if you 66 00:02:44,240 --> 00:02:45,960 Speaker 2: look at the way he dresses a lot of times, 67 00:02:46,000 --> 00:02:49,520 Speaker 2: there's no label on anything on any of them because 68 00:02:49,520 --> 00:02:51,480 Speaker 2: they're just super rich. And I guess they don't they 69 00:02:51,480 --> 00:02:54,320 Speaker 2: don't feel the need to let you know it with 70 00:02:54,120 --> 00:02:57,760 Speaker 2: a with a g or a Louis Vuitade or whatever else. 71 00:03:00,080 --> 00:03:04,920 Speaker 2: A perfect smile and brilliantly white teeth means that you 72 00:03:04,960 --> 00:03:05,639 Speaker 2: are rich rich. 73 00:03:06,440 --> 00:03:08,440 Speaker 1: We could find it. I'm not rich rich anymore. 74 00:03:10,600 --> 00:03:13,280 Speaker 2: It's funny that you mentioned what you said about people 75 00:03:13,280 --> 00:03:17,080 Speaker 2: being financially literate, because staying silent during money discussions is 76 00:03:17,080 --> 00:03:19,080 Speaker 2: apparently assigned to a lot of people that somebody is 77 00:03:19,160 --> 00:03:20,280 Speaker 2: quietly really really rich. 78 00:03:20,360 --> 00:03:23,120 Speaker 4: Oh oh, I just that's mean staying quiet because I 79 00:03:23,280 --> 00:03:24,359 Speaker 4: got no money to move around. 80 00:03:24,639 --> 00:03:26,679 Speaker 1: You know, I agree with that. I do too. Yeah, 81 00:03:26,760 --> 00:03:28,040 Speaker 1: they don't want you to be rich too. 82 00:03:28,320 --> 00:03:29,600 Speaker 4: They want to be quiet. 83 00:03:29,800 --> 00:03:31,600 Speaker 1: I don't think that's true. They don't want to hurt 84 00:03:31,600 --> 00:03:34,600 Speaker 1: your feelings. Yeah right, I think that's what it is. 85 00:03:34,680 --> 00:03:37,640 Speaker 1: I think it's like if you say something that's unrelatable. 86 00:03:37,080 --> 00:03:39,320 Speaker 2: Like like I get it, but teach me, like I 87 00:03:39,360 --> 00:03:41,200 Speaker 2: wish I had saved in my furrowing kids. Like some 88 00:03:41,240 --> 00:03:43,760 Speaker 2: people are like dude, I'm I'm I'm like paycheck to mouth, 89 00:03:44,080 --> 00:03:44,240 Speaker 2: you know. 90 00:03:44,240 --> 00:03:46,000 Speaker 1: What I mean. So I think sometimes you say things 91 00:03:46,040 --> 00:03:47,160 Speaker 1: that you intend. 92 00:03:46,800 --> 00:03:50,280 Speaker 2: To be helpful or that you know you you, but 93 00:03:50,320 --> 00:03:53,680 Speaker 2: other people hear it as all you have excess. Well 94 00:03:53,680 --> 00:03:55,960 Speaker 2: I don't have the excess to do that, so some 95 00:03:56,000 --> 00:03:59,240 Speaker 2: people just don't say anything. But using the phrase we're comfortable, 96 00:03:59,800 --> 00:04:02,440 Speaker 2: that means that you're secretly rich rich. I don't know 97 00:04:02,480 --> 00:04:04,320 Speaker 2: about that. My grandparents used to say that, and they 98 00:04:04,320 --> 00:04:07,560 Speaker 2: were not rich rich. They did well for themselves, like 99 00:04:07,560 --> 00:04:11,520 Speaker 2: they you know, they were financially stable, but they were comfortable. 100 00:04:11,760 --> 00:04:14,600 Speaker 2: It wasn't like, you know, they didn't worry when they 101 00:04:14,600 --> 00:04:16,400 Speaker 2: went to the grocery store if their if their credit 102 00:04:16,400 --> 00:04:18,880 Speaker 2: card was gonna work or not. But they also, you know, 103 00:04:18,880 --> 00:04:21,159 Speaker 2: they didn't have a they didn't have a Rolls Royce 104 00:04:21,200 --> 00:04:22,200 Speaker 2: or Lamborghini. 105 00:04:21,800 --> 00:04:23,360 Speaker 1: Or anything like them. 106 00:04:23,520 --> 00:04:27,120 Speaker 2: Driving an average but reliable car might be a secret 107 00:04:27,120 --> 00:04:30,520 Speaker 2: that people are rich rich. It could also be that 108 00:04:30,560 --> 00:04:34,960 Speaker 2: you have a reliable, average car, you could write. 109 00:04:35,120 --> 00:04:37,920 Speaker 1: It could also be that you're not rich rich. That's 110 00:04:37,960 --> 00:04:38,560 Speaker 1: what you got. 111 00:04:39,480 --> 00:04:44,279 Speaker 2: Keeping their friendship circles small I could possibly mean that 112 00:04:44,360 --> 00:04:48,679 Speaker 2: someone is quietly rich. Yes, Minimalist homes and simple decore 113 00:04:49,520 --> 00:04:50,480 Speaker 2: mean that you are rich. 114 00:04:50,920 --> 00:04:51,200 Speaker 1: Hmm. 115 00:04:52,120 --> 00:05:00,160 Speaker 2: Casually partaking in expensive hobbies uh, skiing, sailing, golfing, that means. 116 00:05:00,080 --> 00:05:01,880 Speaker 1: You're rich apparently secretly. 117 00:05:01,880 --> 00:05:05,599 Speaker 2: Maybe a taste for caviar and is cargo that's not 118 00:05:05,640 --> 00:05:06,240 Speaker 2: a secret. 119 00:05:06,480 --> 00:05:07,039 Speaker 1: I mean I don't know. 120 00:05:07,240 --> 00:05:08,640 Speaker 2: I don't know a lot of poor people that are like, 121 00:05:08,880 --> 00:05:12,400 Speaker 2: I'll take some caviar with that, you know, I guess, 122 00:05:12,400 --> 00:05:15,559 Speaker 2: I don't know. I assume kaviar is expensive. I don't 123 00:05:15,600 --> 00:05:17,840 Speaker 2: eat it, so I don't really know. But if someone 124 00:05:17,880 --> 00:05:20,400 Speaker 2: says that they like, you know, go home and eat caviar, 125 00:05:20,480 --> 00:05:23,359 Speaker 2: I am assuming there's some sophistication, there's some money. 126 00:05:24,800 --> 00:05:26,280 Speaker 1: No digital footprint. 127 00:05:26,520 --> 00:05:29,560 Speaker 2: Those with generational wealth tend to keep a low profile, 128 00:05:29,640 --> 00:05:32,400 Speaker 2: and they often don't have any social media or digital 129 00:05:32,400 --> 00:05:35,240 Speaker 2: footprint of any kind, which keeps them low profile. 130 00:05:35,360 --> 00:05:36,640 Speaker 1: Big tim rich rich up. 131 00:05:36,560 --> 00:05:39,480 Speaker 3: There, No, not yet, but that's why I like a 132 00:05:39,480 --> 00:05:41,760 Speaker 3: man with no social media. 133 00:05:43,000 --> 00:05:47,240 Speaker 2: Oh, I see what else here? Coasting through life means 134 00:05:47,240 --> 00:05:48,280 Speaker 2: that somebody's rich, does it? 135 00:05:48,400 --> 00:05:49,160 Speaker 1: I don't. I don't know. 136 00:05:49,640 --> 00:05:52,159 Speaker 2: That's that would be hard to define, I think, but 137 00:05:52,200 --> 00:05:55,840 Speaker 2: I don't know what coasting through life means. Coasting through 138 00:05:55,880 --> 00:05:57,920 Speaker 2: life well, but it could also mean you don't give 139 00:05:57,920 --> 00:06:00,560 Speaker 2: a damn right. Doesn't mean that you're rich. It could 140 00:06:00,560 --> 00:06:03,320 Speaker 2: mean you just don't care about anything, which I don't. 141 00:06:03,320 --> 00:06:05,800 Speaker 2: I don't know if that's necessarily a sign that you're rich. 142 00:06:05,960 --> 00:06:08,520 Speaker 1: I can write a better list or not. Okay, well, 143 00:06:08,520 --> 00:06:10,200 Speaker 1: what else did you put on it? I don't know. 144 00:06:10,240 --> 00:06:13,880 Speaker 3: I just feel like we said, like the talking about finances. 145 00:06:13,920 --> 00:06:15,680 Speaker 3: I feel like, Okay, if you're the silent one in 146 00:06:15,720 --> 00:06:17,039 Speaker 3: the room, you probably know the most and you're not 147 00:06:17,040 --> 00:06:20,000 Speaker 3: sharing for a reason. That's how people stay in that community. 148 00:06:20,000 --> 00:06:21,279 Speaker 3: And they don't want to share the wealth or they 149 00:06:21,279 --> 00:06:22,520 Speaker 3: don't want to share knowledge. 150 00:06:22,520 --> 00:06:23,200 Speaker 1: That's my hot take. 151 00:06:23,279 --> 00:06:24,840 Speaker 3: Don't at me, or you could at me, It's fine. 152 00:06:24,920 --> 00:06:26,719 Speaker 3: And then my other part, I think would be like 153 00:06:26,720 --> 00:06:29,159 Speaker 3: I said, the vacationing, because I have heard like wealthy 154 00:06:29,200 --> 00:06:31,400 Speaker 3: people just the way they speak about it is very different, 155 00:06:31,400 --> 00:06:33,000 Speaker 3: you know what I mean, even like I mean, I 156 00:06:33,000 --> 00:06:35,599 Speaker 3: guess it's different. But like growing up, right if you say, like, 157 00:06:35,640 --> 00:06:38,040 Speaker 3: oh I grew up even doing certain sports. I've come 158 00:06:38,080 --> 00:06:40,760 Speaker 3: to find just based on certain neighborhoods in Chicago, if 159 00:06:40,800 --> 00:06:43,560 Speaker 3: you did certain sports like hockey versus basketball, I could 160 00:06:43,600 --> 00:06:46,040 Speaker 3: tell right away what neighborhood you came from, what kind 161 00:06:46,040 --> 00:06:47,960 Speaker 3: of background you came from. For the most part, just 162 00:06:47,960 --> 00:06:51,000 Speaker 3: because I think it's statistically, excuse me, proven that those 163 00:06:51,040 --> 00:06:53,039 Speaker 3: are two different, like income levels, because to. 164 00:06:53,080 --> 00:06:55,400 Speaker 1: Play hockey you need like you need money, right, you 165 00:06:55,400 --> 00:06:55,840 Speaker 1: know what I mean? 166 00:06:55,880 --> 00:06:58,000 Speaker 3: So stuff like that. I pick up little cues like that. 167 00:06:59,040 --> 00:07:00,560 Speaker 3: The car thing I don't like. I don't agree with 168 00:07:00,560 --> 00:07:03,120 Speaker 3: that everyone tries. Having a car is a privilege in 169 00:07:03,160 --> 00:07:05,400 Speaker 3: my opinion, So average or not, you got a car, 170 00:07:05,440 --> 00:07:06,080 Speaker 3: you got wheels. 171 00:07:06,640 --> 00:07:08,680 Speaker 2: Yeah, but I think people assume that if you have 172 00:07:08,720 --> 00:07:10,080 Speaker 2: an expensive car, that you have money. 173 00:07:10,080 --> 00:07:10,880 Speaker 1: And that was my point. 174 00:07:10,880 --> 00:07:14,360 Speaker 2: I know plenty of people that, yes, that I have 175 00:07:14,600 --> 00:07:18,200 Speaker 2: wild financing on an expensive car that they cannot afford it. 176 00:07:18,240 --> 00:07:21,440 Speaker 4: I know people paying like fourteen hundred dollars car and 177 00:07:21,480 --> 00:07:24,240 Speaker 4: I'm like, that is insane, and they try to and 178 00:07:24,280 --> 00:07:26,280 Speaker 4: obviously they try to make it the norm because obviously 179 00:07:26,360 --> 00:07:28,440 Speaker 4: they're like, if he's paying fourteen hundred dollars, I can 180 00:07:28,520 --> 00:07:30,400 Speaker 4: pay fourteen dollars one hundred dollars to get the same car. 181 00:07:30,440 --> 00:07:33,640 Speaker 1: I'm like, please don't do that. M a taste for 182 00:07:33,720 --> 00:07:37,679 Speaker 1: car of s cargo And you're offully quiet over here. Yeah, 183 00:07:38,680 --> 00:07:39,640 Speaker 1: he's always eating. 184 00:07:42,760 --> 00:07:44,840 Speaker 2: This guy. You should see his lunch today. It's like 185 00:07:44,960 --> 00:07:45,880 Speaker 2: all caviaarts. 186 00:07:47,360 --> 00:07:51,680 Speaker 1: It's just that's not true.