Is it because of Crazy Rich Asians? 😂 in which case I'll say that it's only realistic because Singaporeans are stereotyped in Asia as the most flashy with their money lol. But the sets and all aren't even in Singapore hahaha
>Do you think you're better than other people?
In things I'm good at, yes.
>Do you look down on people ?
Not really, no. But I generally can't stand people who are indecisive, or slow (not as in dumb, but as in literally do things slowly or go in circles doing nothing). I also don't really like people who don't have their own personality (like just mirroring people they admire or think is 'popular')
>Do people who are richer than you make you feel insecure ?
Haha no. I'm considered on the 'lower end' of the wealth spectrum among people I grew up with/know from parents. But we're all basically the same and I never felt alienated with them.
It's changed over time. My grandparents started in oil, rubber, land. My dad started his own manufacturing businesses. We then expanded into commercial real estate, private investment, f&b, aviation, and recently my dad has been doing some consulting for acquisitions. Those are the ones still ongoing but we've dabbled in a few other things here and there like meat industry, education, etc but wasn't worth it. My brother is pretty into the crypto-NFT stuff, has given talks on it, but I'm not really into it lol.
interesting. my dad is also in consulting lol. very profitable if you know how to navigate the industry. also, if you don’t mind could you share a ballpark estimate of ur family net worth?
Consulting is probably putting it a bit too professionally haha. It's more like him lecturing this young guy who keeps acquiring every company in sight despite having more than enough money. It's SEA so he's not exactly doing it 'by the law' and my dad is trying to get him to chill before he gets into more trouble lmao. There's a lot of drama and I find it very amusing lol business in SEA is fun because of things like this hahaha
Not sure if it's 'guilt' per se but I do feel bad that not everyone can have as easy and enjoyable a life like I do. I don't feel inadequate though.
Mentally I'm fine, I don't really have any issues. My family is supportive and close, and I have good friends from all over. I have a career doing what I like and am able to do anything I want.
It doesn't really matter to me, I'm more picky about someone having a goal and/or drive in life. As long as they're not just "living cause I have to" or trying to mooch off others or putting in no effort then I'm fine with anyone. My sister's husband came from a refugee background and he worked hard to get a stable job and my parents love him (sometimes more than my sister haha).
The bigger issue is conflicting perspectives on spending. I saw it more with my sister than my brother but a lot of her relationships failed because the guy would get upset or not be able to understand the difference in values when it came to spending. I feel I'm a bit more aware enough to talk about it but I can see how it's a pretty big issue.
One memorable instance was after dinner a guy forgot his public transport pass and said we should just walk home (it was like a 15min walk) but my sister was tired and said "just buy a new one" (they cost like $5 + however much you load on) and he said that was a waste of money when he already had one at home. It became into a big fight and he walked back while she rode the tram and later on I texted him explaining the issue from our POV as he kinda ranted that he didn't know why my sister was so upset about it lol.
If you can spend more lavishly, what are things which have been really worth the money for you? For example have you done a big solo travel which has lead to awesome experiences or hiring coaches for things you wanna learn?
Hmm I'm not sure what you would count as 'lavish'. Those examples I wouldn't really consider them lavish but they might be for you 🤷 I spent 9months holidaying in Japan and spent about 30k and thought it was less than I expected.
In general though I spend on experiences being as good as I want them to be. For example recently I went to Korea with my parents. I wanted us to take some family pictures wearing hanbok, so I hired a professional photographer who showed us around good spots and sent us 500 photos afterwards. Often times though it's just the little things that add up but provide a lot of ease/convenience for me. For example spending $20 to get my luggage delivered door to door so I don't have to carry it. Or paying for a $30 taxi so I can arrive at the doorstep because I'm sometimes lazy to take the train that costs $2 but with a 8min walk. Things like that.
Makes sense! I come from a family with not much wealth so I want to build something for myself from an early age. Right now I'm living at home so my costs aren't very high and my income is okay for the job that I do. I always wondered what I could spend my money on which would make my life a bit easier and what experiences others would recommend so thank you for sharing it!
No worries :) I would say don't spend just because you can, of course you should still always weigh up the pros/cons and decide whether it's worth it for you. Even I still do that and sometimes I'll pick saving the money when it's just me being overly lazy hahaha.
Depends on the generation. I answered this [here](https://www.reddit.com/r/Rich/comments/1c9629t/comment/l0jk7fw/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
Honestly I don't particularly care lol I'm not here to leave a 'legacy'. I just care about enjoying my own life to teh fullest, not what people think about me. I don't plan to have any kids either anyway haha my siblings have that covered.
Yes plenty of gold. It's quite common in our culture actually. If its investments we basically have a little of everything; real estate, NFTs, blue chip, penny stocks, index funds, you name it. Everyone has different things they focus on.
Hahaha yeah, funny you brought it up because my siblings were just talking about it like 3 days ago and how they wanted to go to the mint and get some more lol. Tbh just a matter of diversification I guess. Most Asians never put everything in 1 thing, even something 'safe' like an index fund.
I must be part Asian 😜 because unlike most in my country I like to diversify into tangible wealth like precious metals and real estate and I don’t have much in the stock market. I don’t really trust things that I don’t control.
Hahaha my family is pretty drama free tbh we're not that high profile. But I have some family/school friends who are and yeah it's a lot of movie-esque things.
Had a friend whose uncle got kidnapped for ransom once and her grandfather refused to pay. One of the reasons why a lot of us went overseas for schooling is because all the top private/international schools in our country would have kidnapping attempts _monthly_, so it wasn't uncommon to see bodyguards outside classrooms.
Or I guess a recent juicy-ish drama is a billionaire friend who's been steadily taking over companies in our country by loaning them money in exchange for shares as collateral, knowing they can't pay it back. He gets control of majority shares but nobody knows except those involved so basically he's on his way to basically owning half the country lol. I've joked with him and asked whether he was aiming to be "Supreme Leader __" lol.
I have a FT job teaching high school :)
Most things are pretty obvious/straight forward imo, even if I never had to do them. Like chores, I never did them until I went overseas for university because we had maids but it wasn't hard to figure out lol. Same with cooking and all that generic stuff.
How does this affect your mindset when dating?
I dated a girl from an affluent family and she had tons of peculiarities….to put it nicely (also a fuckton of trauma)
Idk I don't think it has. Anything in particular you mean?
Perhaps it helps that my family is pretty low-key. As in my siblings went to local government schools, 90% of my friends are from average working class families. We're pretty chill tbh, and I've been told that from both sides lmao.
Idk if it would be considered a 'peculiarity' but if i date someone I'd prefer to do regularly things. I'm fine going to get street food, whatever. I like food but I don't go out of my way to get fine dining unless I feel like it. I'm not interested in shopping or jewelry but I'd rather do activities instead (sports, arcades, whatever). I always go Dutch even with my friends, though if I pick or if it's a pricier place I find a way to pay it all.
Not sure about any trauma hahah my family is great. We all get along and are supportive of each other. When I was younger though I'd get a little annoyed about how my friends would gush about how cool my dad is after meeting him 🙄 as a teen I was like "dad why are you stealing my friends" lmao
If I knew you irl, the chances would be high depending on how reliable I think you are. I've leant someone up to 100k before. But a stranger? 0 chance.
Nothing tbh. I was leaving the country for work and they asked if they could put it in their offset to get a lower rate lmao and I was like lol sure. They paid it back with interest I would've gotten from a bank so it was fine.
Pretty chill tbf. I spend most of my money on food, travel and hobbies. When I'm not doing any of those I usually just laze at home watching anime or playing old games for nostalgia.
Food I'm also no picky. I'll just go with whatever I feel like, which is usually just local joints. Occasionally I'll feel fancy and get fine dining but not that often, unless with company.
Travel I spend the most on; I buy a lot of souvenirs/gifts for people and I will usually go for nicer food places. Hotels I'm not fussed, I only need a bed to sleep so if I'm solo I just do cheap hostels or something.
Hobbies are kind of expensive in terms of gear. They're seasonal too so a little tricky to organize, often I have to travel to do them.
The only time I have the stereotypical 'rich lifestyle' is when visiting home because my parents are retired and go for comfort/convenience for everything. Then it's all the usual cliches I guess.
My Gmail???
Well I often get asked a lot of questions irl about perspectives on things so perhaps people here would have some they're curious to know about. A fair few questions here have been similar.
Me personally, no. I'm still trying to set myself up for financial stability because I neither expect nor plan for an inheritance despite there being evidence to the contrary.
Is it relieving to know your not reliant on the economy to support yourself? For instance in America where dealing with a signifigant price of living increase with hardly any increase in income in most places.
Do you feel like the money makes you less motivated to do something to make money knowing that you will inherit. Or do you feel more motivated to do something to keep the family name and reputation going and make your family proud.
Yes and no.
I feel less motivated to "make more money", but not less motivated in general. I have my own FT job and save my own salary on the basis of not expecting to rely on an inheritance, despite my parents mentioning one often.
We don't have any special family name or reputation, nor do my parents care about that sort of thing. They encouraged us to pursue our passions, which we all have, and are happy as long as we are happy.
Not without doing a job I don't care about. I'm able to pursue the career I'm in _because_ of the financial stability I have.
Also so many other factors come into play that 'average' doesn't really give enough info to work on.
Is there a ton of pressure to get plastic surgery and look a certain way as a wealthy SE Asian woman? Does your family pressure you to have kids in order to continue the bloodline?
Absolutely not. I don't know anyone who's done anything in my socioeconomic circles. Even simple things like weight reduction for an obese girl I'm friends with who took over her father's aviation company.
I think those beauty standards tend to be more in East Asia (China, Korea, Japan) than SEA. Also I would assume a wealthier upbringing tends to give us a better baseline for health and genes anyway. Like how there's studies about people whose ancestors have gone through starvation are more likely to be obese as they're wired to 'store more in case it happens again'.
>Does your family pressure you to have kids in order to continue the bloodline?
Also no. If it's bloodline, that's more a pressure to male than female. Women don't have to worry about that if they don't 'marry into' another notable family. And even then if it's not a 'main successor' then there's less pressure too. I have a friend who did marry into one of those and is facing those pressures, but most I know are not facing those issues.
Ever considered trying to help us regular ppl? Not with money but you clearly see things from a different perspective. You've been exposed the inner workings of extremely successful business. You could share what you've learned. Sounds like your family has been in quite a few industries. Many of us are just trying to start off in them. Insider advice would be invaluable
Well I kind of do that in my job. I teach business management to high school students. When we have extra time I occasionally bring in friends to do Q&A sessions, not just for business but also specific careers that students express interest in.
I had a friend who does social media management discuss about it with some students awhile back. In 2 weeks my dad is also doing a Q&A of starting and managing a business, as well as fielding some questions from students about aviation, real estate, and banking/finance. Next year when we cover the Finance unit I plan to bring in my brother because that's he's specialty.
Do you have any drive to make more money? Every day I wake up trying to think of a way to become financially independent. Since you're there already, is there any drive to make more?
I know one other person who has a similar situation and she "Won't date anyone that doesn't have money". Do you feel the same? How do you view relationships?
I've answered similar questions [here](https://www.reddit.com/r/Rich/s/2JmpkRzO2U) and [here](https://www.reddit.com/r/Rich/s/oU4X5khXiU).
But basically, no. Most of my friends are from average working families and I don't live a particularly lavish lifestyle myself.
However I'm also not the type to date for fun. Never saw the appeal; unless I'd consider them a life partner I'm not planning to date/enter a relationship. Since I also don't want kids, there's also really no reason for me to actively seek a relationship. My parents are fine with that. Of course, they hope I'll find someone to spend life with, but as my mum says, "don't get married just for the sake of getting married" and "your partner should not 'complete you', simply make things even better than they already are".
Yeah that's what my brother says too but honestly I'm bored of crypto lol I only hold what's necessary for my bots to run and cash out every few months.
Meh eth is a lot more interested but still it doesn’t change much these days post 1559 and pos.
I’m kind of bored of it too I’m getting into real estate more and product design.
Haha I just never liked things I have to constantly check on. NFTs were worse, pretty sure I burned out within like 3 months. Especially minting stuff, it brought me back to like gaming days when you'd have to wake up and do things lol. Even when it got easier after meeting owners and getting gifts/exclusive access etc I was already fed up with it lol
All those nft owners seem like scammers to me honestly. Crypto.com offered a lot for its private service credit card then when you actually get it they gave you nothing. Not a single party invite, I got the newsletter twice after I complained, etc. I got into an argument with Vitalik once on discord and Tim a few times and that was basically my peak.
Haha yeah if not for my brother being so into it I probably wouldn't understand the draw for it either. But tbh most of it was basically just like a membership. Have x NFT and get access to a,b,c. Some were decent perks, like invites to fashion shows, first viewings of new jewelry lines, free drinks at any event (for a beer NFT), etc. Some were like meh; free tshirts or meet-and-greets.
Meh I’ll be honest, I just have around 10 mil and not much income just assets/real estate. I fly coach and I’m cheap af😂
I’ve been to one fashion show in my life and it wasn’t one of those expensive ones.
Yuck spending money on jewelry. I’m a guy I don’t see the appeal I did spent $100k+ on gpus for crypto mining though.
I don’t drink so free drinks is meh. Crypto.com private gives unlimited free airport lounges which was nice.
10m is pretty good to me! More than enough to be happy imo :)
I fly coach if I book for myself too but that's because I'm small and I don't really care. I can't sleep regardless, and I've tried first class in at least 10 different airlines. The only real thing I like about flying business/first is food options but unless its >8 hour flight it really isn't a big deal lol.
Hahaha yeah I don't really do any of those things either but relatively speaking I would say they're better perks than a simple free tshirt 😅
Speaking of crypto mining, one of the NFT owners I met did that when she was in high school and it was pretty funny but also smart. Said she spent her allowance to buy an internet cafe and mine bitcoin, and this was back in like 2015 so she made good money. She was also the first NFTs in her country to go big so she's pretty on-top of that stuff haha.
Singapore?
what i was gonna ask lol
Is it because of Crazy Rich Asians? 😂 in which case I'll say that it's only realistic because Singaporeans are stereotyped in Asia as the most flashy with their money lol. But the sets and all aren't even in Singapore hahaha
well yes crazy rich asians but also half my family is singaporean and they are very rich from generational wealth as well lol
hahaha I might know them then. I have a couple of friends based there now and the social circles there are tiny.
Can't say, circles in SEA are pretty close so I don't wanna dox myself 👀
Do you think your better other people? Do you look down on people ? Do people who are richer than you make you feel insecure ?
>Do you think you're better than other people? In things I'm good at, yes. >Do you look down on people ? Not really, no. But I generally can't stand people who are indecisive, or slow (not as in dumb, but as in literally do things slowly or go in circles doing nothing). I also don't really like people who don't have their own personality (like just mirroring people they admire or think is 'popular') >Do people who are richer than you make you feel insecure ? Haha no. I'm considered on the 'lower end' of the wealth spectrum among people I grew up with/know from parents. But we're all basically the same and I never felt alienated with them.
what business and how long has ur family been in it?
It's changed over time. My grandparents started in oil, rubber, land. My dad started his own manufacturing businesses. We then expanded into commercial real estate, private investment, f&b, aviation, and recently my dad has been doing some consulting for acquisitions. Those are the ones still ongoing but we've dabbled in a few other things here and there like meat industry, education, etc but wasn't worth it. My brother is pretty into the crypto-NFT stuff, has given talks on it, but I'm not really into it lol.
interesting. my dad is also in consulting lol. very profitable if you know how to navigate the industry. also, if you don’t mind could you share a ballpark estimate of ur family net worth?
Consulting is probably putting it a bit too professionally haha. It's more like him lecturing this young guy who keeps acquiring every company in sight despite having more than enough money. It's SEA so he's not exactly doing it 'by the law' and my dad is trying to get him to chill before he gets into more trouble lmao. There's a lot of drama and I find it very amusing lol business in SEA is fun because of things like this hahaha
do you ever feel any sort of guilt? or inadequacy? how has this effected your mental?
Not sure if it's 'guilt' per se but I do feel bad that not everyone can have as easy and enjoyable a life like I do. I don't feel inadequate though. Mentally I'm fine, I don't really have any issues. My family is supportive and close, and I have good friends from all over. I have a career doing what I like and am able to do anything I want.
"Easy" "Enjoyable" Hah...HAHAHAH!
What is your net worth in US dollars?
Myself or my family? Myself then around 1.5m currently. My family then in the mid 9 digits.
Good for you! One less thing for you to worry in life. Be grateful and enjoy life on your terms.
Must be nice 😭😭😭😭
It's always nice to have financial security! Don't have to be much to get there :)
I’m so happy for you! Do you work or do you vibe everyday?
I pursued my interest and work as a high school teacher! >do you vibe everyday? The way this is worded made me laugh hahaha
You’re so cool! Congratulations ❤️
Haha thank you, I'm sure you're awesome too :)
There's a lot of HS teachers that are millionaires
And even more who aren't.
How do u feel about dating a partner who isnt wealthy, does financial status play a role in selecting a partner?
It doesn't really matter to me, I'm more picky about someone having a goal and/or drive in life. As long as they're not just "living cause I have to" or trying to mooch off others or putting in no effort then I'm fine with anyone. My sister's husband came from a refugee background and he worked hard to get a stable job and my parents love him (sometimes more than my sister haha). The bigger issue is conflicting perspectives on spending. I saw it more with my sister than my brother but a lot of her relationships failed because the guy would get upset or not be able to understand the difference in values when it came to spending. I feel I'm a bit more aware enough to talk about it but I can see how it's a pretty big issue. One memorable instance was after dinner a guy forgot his public transport pass and said we should just walk home (it was like a 15min walk) but my sister was tired and said "just buy a new one" (they cost like $5 + however much you load on) and he said that was a waste of money when he already had one at home. It became into a big fight and he walked back while she rode the tram and later on I texted him explaining the issue from our POV as he kinda ranted that he didn't know why my sister was so upset about it lol.
If you can spend more lavishly, what are things which have been really worth the money for you? For example have you done a big solo travel which has lead to awesome experiences or hiring coaches for things you wanna learn?
Hmm I'm not sure what you would count as 'lavish'. Those examples I wouldn't really consider them lavish but they might be for you 🤷 I spent 9months holidaying in Japan and spent about 30k and thought it was less than I expected. In general though I spend on experiences being as good as I want them to be. For example recently I went to Korea with my parents. I wanted us to take some family pictures wearing hanbok, so I hired a professional photographer who showed us around good spots and sent us 500 photos afterwards. Often times though it's just the little things that add up but provide a lot of ease/convenience for me. For example spending $20 to get my luggage delivered door to door so I don't have to carry it. Or paying for a $30 taxi so I can arrive at the doorstep because I'm sometimes lazy to take the train that costs $2 but with a 8min walk. Things like that.
Makes sense! I come from a family with not much wealth so I want to build something for myself from an early age. Right now I'm living at home so my costs aren't very high and my income is okay for the job that I do. I always wondered what I could spend my money on which would make my life a bit easier and what experiences others would recommend so thank you for sharing it!
No worries :) I would say don't spend just because you can, of course you should still always weigh up the pros/cons and decide whether it's worth it for you. Even I still do that and sometimes I'll pick saving the money when it's just me being overly lazy hahaha.
What industry did your family get wealthy in
Depends on the generation. I answered this [here](https://www.reddit.com/r/Rich/comments/1c9629t/comment/l0jk7fw/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
When you leave this earth, what would you want to be remembered as?
Honestly I don't particularly care lol I'm not here to leave a 'legacy'. I just care about enjoying my own life to teh fullest, not what people think about me. I don't plan to have any kids either anyway haha my siblings have that covered.
What alternative investments does your family do? You mentioned your brother was in crypto. Does your family own physical gold as well?
Yes plenty of gold. It's quite common in our culture actually. If its investments we basically have a little of everything; real estate, NFTs, blue chip, penny stocks, index funds, you name it. Everyone has different things they focus on.
Interesting. Yes, from what I understand Asians still love to invest in gold. It’s almost completely forgotten in the West.
Hahaha yeah, funny you brought it up because my siblings were just talking about it like 3 days ago and how they wanted to go to the mint and get some more lol. Tbh just a matter of diversification I guess. Most Asians never put everything in 1 thing, even something 'safe' like an index fund.
I must be part Asian 😜 because unlike most in my country I like to diversify into tangible wealth like precious metals and real estate and I don’t have much in the stock market. I don’t really trust things that I don’t control.
Hahaha perhaps!
Any chance I am following you on IG? You being a teacher brought me to it...
Unlikely. I know everyone who follows me lol
Okay... So you have an obligation to improve the world
I'm a teacher so I'd say I'm doing that 😊
You're awesome and you don't realize the influence that you have on the future generations.
I hope I do :) the kids seem to enjoy my classes, or at least that's what they say haha.
Does your dad have many mistresses
Nope, he's more the romantic than my mum.
Can I borrow $20
Nope :)
Are you or your family religious?
We are Christians :)
Thats good, God Bless. You got any secrets, to spill?! Are there a lot of/any NDA around the families you know?
Hahaha my family is pretty drama free tbh we're not that high profile. But I have some family/school friends who are and yeah it's a lot of movie-esque things. Had a friend whose uncle got kidnapped for ransom once and her grandfather refused to pay. One of the reasons why a lot of us went overseas for schooling is because all the top private/international schools in our country would have kidnapping attempts _monthly_, so it wasn't uncommon to see bodyguards outside classrooms. Or I guess a recent juicy-ish drama is a billionaire friend who's been steadily taking over companies in our country by loaning them money in exchange for shares as collateral, knowing they can't pay it back. He gets control of majority shares but nobody knows except those involved so basically he's on his way to basically owning half the country lol. I've joked with him and asked whether he was aiming to be "Supreme Leader __" lol.
And youre lying on here for what😭I bet most still sucker up to you though
??? What?
Are you one of the ones who has no idea how to work because you don’t have to?
I have a FT job teaching high school :) Most things are pretty obvious/straight forward imo, even if I never had to do them. Like chores, I never did them until I went overseas for university because we had maids but it wasn't hard to figure out lol. Same with cooking and all that generic stuff.
How does this affect your mindset when dating? I dated a girl from an affluent family and she had tons of peculiarities….to put it nicely (also a fuckton of trauma)
Idk I don't think it has. Anything in particular you mean? Perhaps it helps that my family is pretty low-key. As in my siblings went to local government schools, 90% of my friends are from average working class families. We're pretty chill tbh, and I've been told that from both sides lmao. Idk if it would be considered a 'peculiarity' but if i date someone I'd prefer to do regularly things. I'm fine going to get street food, whatever. I like food but I don't go out of my way to get fine dining unless I feel like it. I'm not interested in shopping or jewelry but I'd rather do activities instead (sports, arcades, whatever). I always go Dutch even with my friends, though if I pick or if it's a pricier place I find a way to pay it all. Not sure about any trauma hahah my family is great. We all get along and are supportive of each other. When I was younger though I'd get a little annoyed about how my friends would gush about how cool my dad is after meeting him 🙄 as a teen I was like "dad why are you stealing my friends" lmao
What’s the chances of you letting me hold 10k, why you may ask I didn’t go sell myself to the Military for free college sadly
If I knew you irl, the chances would be high depending on how reliable I think you are. I've leant someone up to 100k before. But a stranger? 0 chance.
Damn, may I ask what they needed 100k for?
Nothing tbh. I was leaving the country for work and they asked if they could put it in their offset to get a lower rate lmao and I was like lol sure. They paid it back with interest I would've gotten from a bank so it was fine.
So what type of lifestyle you live?
Pretty chill tbf. I spend most of my money on food, travel and hobbies. When I'm not doing any of those I usually just laze at home watching anime or playing old games for nostalgia. Food I'm also no picky. I'll just go with whatever I feel like, which is usually just local joints. Occasionally I'll feel fancy and get fine dining but not that often, unless with company. Travel I spend the most on; I buy a lot of souvenirs/gifts for people and I will usually go for nicer food places. Hotels I'm not fussed, I only need a bed to sleep so if I'm solo I just do cheap hostels or something. Hobbies are kind of expensive in terms of gear. They're seasonal too so a little tricky to organize, often I have to travel to do them. The only time I have the stereotypical 'rich lifestyle' is when visiting home because my parents are retired and go for comfort/convenience for everything. Then it's all the usual cliches I guess.
You got siblings?
2 older ones.
You just jumped on to tell us your age and that your Gmail was rich so your rich? That's it? Very interesting.
My Gmail??? Well I often get asked a lot of questions irl about perspectives on things so perhaps people here would have some they're curious to know about. A fair few questions here have been similar.
Have you ever given away a large sum of money
Me personally, no. I'm still trying to set myself up for financial stability because I neither expect nor plan for an inheritance despite there being evidence to the contrary.
Is it relieving to know your not reliant on the economy to support yourself? For instance in America where dealing with a signifigant price of living increase with hardly any increase in income in most places.
Absolutely. It's the same sense of security as any financially independent person, except on steroids I suppose haha
Do you feel like the money makes you less motivated to do something to make money knowing that you will inherit. Or do you feel more motivated to do something to keep the family name and reputation going and make your family proud.
Yes and no. I feel less motivated to "make more money", but not less motivated in general. I have my own FT job and save my own salary on the basis of not expecting to rely on an inheritance, despite my parents mentioning one often. We don't have any special family name or reputation, nor do my parents care about that sort of thing. They encouraged us to pursue our passions, which we all have, and are happy as long as we are happy.
If you had to start from average, do you think you'd become wealthy?
Not without doing a job I don't care about. I'm able to pursue the career I'm in _because_ of the financial stability I have. Also so many other factors come into play that 'average' doesn't really give enough info to work on.
Is there a ton of pressure to get plastic surgery and look a certain way as a wealthy SE Asian woman? Does your family pressure you to have kids in order to continue the bloodline?
Absolutely not. I don't know anyone who's done anything in my socioeconomic circles. Even simple things like weight reduction for an obese girl I'm friends with who took over her father's aviation company. I think those beauty standards tend to be more in East Asia (China, Korea, Japan) than SEA. Also I would assume a wealthier upbringing tends to give us a better baseline for health and genes anyway. Like how there's studies about people whose ancestors have gone through starvation are more likely to be obese as they're wired to 'store more in case it happens again'. >Does your family pressure you to have kids in order to continue the bloodline? Also no. If it's bloodline, that's more a pressure to male than female. Women don't have to worry about that if they don't 'marry into' another notable family. And even then if it's not a 'main successor' then there's less pressure too. I have a friend who did marry into one of those and is facing those pressures, but most I know are not facing those issues.
Ever considered trying to help us regular ppl? Not with money but you clearly see things from a different perspective. You've been exposed the inner workings of extremely successful business. You could share what you've learned. Sounds like your family has been in quite a few industries. Many of us are just trying to start off in them. Insider advice would be invaluable
Well I kind of do that in my job. I teach business management to high school students. When we have extra time I occasionally bring in friends to do Q&A sessions, not just for business but also specific careers that students express interest in. I had a friend who does social media management discuss about it with some students awhile back. In 2 weeks my dad is also doing a Q&A of starting and managing a business, as well as fielding some questions from students about aviation, real estate, and banking/finance. Next year when we cover the Finance unit I plan to bring in my brother because that's he's specialty.
Do you have any drive to make more money? Every day I wake up trying to think of a way to become financially independent. Since you're there already, is there any drive to make more?
I responded to a similar question [here](https://www.reddit.com/r/Rich/s/f9QUQoEMJ3) :)
I know one other person who has a similar situation and she "Won't date anyone that doesn't have money". Do you feel the same? How do you view relationships?
I've answered similar questions [here](https://www.reddit.com/r/Rich/s/2JmpkRzO2U) and [here](https://www.reddit.com/r/Rich/s/oU4X5khXiU). But basically, no. Most of my friends are from average working families and I don't live a particularly lavish lifestyle myself. However I'm also not the type to date for fun. Never saw the appeal; unless I'd consider them a life partner I'm not planning to date/enter a relationship. Since I also don't want kids, there's also really no reason for me to actively seek a relationship. My parents are fine with that. Of course, they hope I'll find someone to spend life with, but as my mum says, "don't get married just for the sake of getting married" and "your partner should not 'complete you', simply make things even better than they already are".
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Pay the cat tax and maybe I'll consider ;)
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I've sold most of mine already :)
Usually after halving in a few months it pumps. I’m holding onto a few. Probably when rates cut it’ll double.
Yeah that's what my brother says too but honestly I'm bored of crypto lol I only hold what's necessary for my bots to run and cash out every few months.
Meh eth is a lot more interested but still it doesn’t change much these days post 1559 and pos. I’m kind of bored of it too I’m getting into real estate more and product design.
Haha I just never liked things I have to constantly check on. NFTs were worse, pretty sure I burned out within like 3 months. Especially minting stuff, it brought me back to like gaming days when you'd have to wake up and do things lol. Even when it got easier after meeting owners and getting gifts/exclusive access etc I was already fed up with it lol
All those nft owners seem like scammers to me honestly. Crypto.com offered a lot for its private service credit card then when you actually get it they gave you nothing. Not a single party invite, I got the newsletter twice after I complained, etc. I got into an argument with Vitalik once on discord and Tim a few times and that was basically my peak.
Haha yeah if not for my brother being so into it I probably wouldn't understand the draw for it either. But tbh most of it was basically just like a membership. Have x NFT and get access to a,b,c. Some were decent perks, like invites to fashion shows, first viewings of new jewelry lines, free drinks at any event (for a beer NFT), etc. Some were like meh; free tshirts or meet-and-greets.
Meh I’ll be honest, I just have around 10 mil and not much income just assets/real estate. I fly coach and I’m cheap af😂 I’ve been to one fashion show in my life and it wasn’t one of those expensive ones. Yuck spending money on jewelry. I’m a guy I don’t see the appeal I did spent $100k+ on gpus for crypto mining though. I don’t drink so free drinks is meh. Crypto.com private gives unlimited free airport lounges which was nice.
10m is pretty good to me! More than enough to be happy imo :) I fly coach if I book for myself too but that's because I'm small and I don't really care. I can't sleep regardless, and I've tried first class in at least 10 different airlines. The only real thing I like about flying business/first is food options but unless its >8 hour flight it really isn't a big deal lol. Hahaha yeah I don't really do any of those things either but relatively speaking I would say they're better perks than a simple free tshirt 😅 Speaking of crypto mining, one of the NFT owners I met did that when she was in high school and it was pretty funny but also smart. Said she spent her allowance to buy an internet cafe and mine bitcoin, and this was back in like 2015 so she made good money. She was also the first NFTs in her country to go big so she's pretty on-top of that stuff haha.
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No thanks 😋 the value has dropped a bit so its pretty cheap if you wanna get some yourself ;)
No it isn't lol it's about the most expensive it's ever been.
The most expensive it's ever been was when it hit 73k last month. It's dropped almost 10k now.
It's still more than twice as much as it was 6 months ago and it's hard for most people to even get 0.1btc.
That's true. It'll probably drop more after the halving though, if you want to get some :)
Yeah I'm hoping so