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Are you keeping a low profile in these difficult economic times?
Old 03-17-2009, 01:56 PM   #1
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Are you keeping a low profile in these difficult economic times?

It's pretty safe to say that most people on this board would be considered "rich" by any standard. Because we mostly live below our means though, most of us have probably learned to fly successfully under the radar. But, with the current economic and political climate, are you taking any extra steps to keep a low profile?

We have been the recipients of a few disagreeable comments lately, that's why I'm asking.
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Old 03-17-2009, 02:00 PM   #2
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Yeah, I gave up wearing my bling...

My profile is already lower than a snake's belly in a wagon rut...
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Old 03-17-2009, 02:11 PM   #3
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No.
However I have always had a rather low profile with regards to finances.
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Old 03-17-2009, 02:18 PM   #4
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Quote:
Originally Posted by FIREdreamer View Post
It's pretty safe to say that most people on this board would be considered "rich" by any standard. Because we mostly live below our means though, most of us have probably learned to fly successfully under the radar. But, with the current economic and political climate, are you taking any extra steps to keep a low profile?

We have been the recipients of a few disagreeable comments lately, that's why I'm asking.
Oooohhhhhhh, I'm rich I'm rich TY for making my day.
Seriously, though, I have always been private about my finances. LH and I were DINKS, so we heard all the remarks over the years. Blah blah blah...
In my current situation, I continue to totally disregard any and all comments. Just smile and wave .
I'll share, again, what my Mom used to say...
"When the neighbors start paying my bills, then they can tell me how to live."
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Old 03-17-2009, 02:24 PM   #5
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Just to make sure... We are also very private with our finances. Nobody knows what we are worth or how much we make. Not even close family members. We live on 30% of our gross income so it's not like we go around flaunting it either. But of course people close to us know that a DINK couple with 2 Ph.D.s must be making a good living...
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Old 03-17-2009, 02:32 PM   #6
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It's pretty safe to say that most people on this board would be considered "rich" by any standard. Because we mostly live below our means though, most of us have probably learned to fly successfully under the radar. But, with the current economic and political climate, are you taking any extra steps to keep a low profile?

We have been the recipients of a few disagreeable comments lately, that's why I'm asking.
No, I am what I am.
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Old 03-17-2009, 02:37 PM   #7
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Originally Posted by FIREdreamer View Post
It's pretty safe to say that most people on this board would be considered "rich" by any standard. Because we mostly live below our means though, most of us have probably learned to fly successfully under the radar. But, with the current economic and political climate, are you taking any extra steps to keep a low profile?

We have been the recipients of a few disagreeable comments lately, that's why I'm asking.
Well, I still wear torn underwear, old shirts, stained pants, shoes with card board in the soles, don't shave, have flies buzzing around me, but I have given up my gold chains

jug
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Old 03-17-2009, 02:38 PM   #8
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I drive a 1996 Jeep GC with 160,000 miles on it. The air dosen't work and the radio caught fire last year. The driver's seat has a piece worn out of it. It's worth about 2K? What does this have to do with keeping a low profile? Everything. The vehicle is sufficient for my needs. I live in an urban area where carjacking is common but no one would bother with me. Same thing with finances, a Walmart watch and faded jeans incognito all the way. Most think I'm worst off than they are.
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Old 03-17-2009, 02:39 PM   #9
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Well, I still wear torn underwear, old shirts, stained pants, shoes with card board in the soles, don't shave, have flies buzzing around me, but I have given up my gold chains

jug
Ha I knew I wasn't the only one who wore torn underwear!
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Old 03-17-2009, 02:42 PM   #10
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No. To my knowledge, no one has ever thought that I am wealthy. I guess I'm doing something right...so no changes.....
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Old 03-17-2009, 02:42 PM   #11
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No real change -- I've never been one to just go out and discuss my financial position with the general public and I've never been one for flaunting what wealth I may have. I live in a cheap, 65-year-old 2/1 house with 1150 square feet, for crying out loud...

Obviously on this board that changes *somewhat* but even here I usually don't go posting our financial statements except for occasional bits and pieces that might be relevant to the discussion.
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

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Old 03-17-2009, 02:49 PM   #12
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Just to make sure... We are also very private with our finances. Nobody knows what we are worth or how much we make. Not even close family members. We live on 30% of our gross income so it's not like we go around flaunting it either. But of course people close to us know that a DINK couple with 2 Ph.D.s must be making a good living...
I hear ya.
Been there done that as a DINK couple, both GS-13 Engineers. No matter what you do, there will always be a grouse who has to try to ruin your day. Today's economy may drive the frequency of comments in an exponential fashion.
Freebird's Method of How to Deal with Disagreeable Comments...
Plan A: Smile and wave .
Plan B: Wave and smile.
Plan C: KMG (G stands for grits)

Good plan to keep asset details to yourselves, even family. Some would say "especially" family.
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Old 03-17-2009, 02:53 PM   #13
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Freebird's Method of How to Deal with Disagreeable Comments...
Plan A: Smile and wave .
Plan B: Wave and smile.
Plan C: KMG (G stands for grits)
Given the thread topic, KMA works, too -- Kiss My Assets!
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
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Old 03-17-2009, 03:26 PM   #14
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It's pretty safe to say that most people on this board would be considered "rich" by any standard.
Define "rich". I'm not sure I qualify.
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Old 03-17-2009, 03:29 PM   #15
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Define "rich". I'm not sure I qualify.
"In better financial position than most of our peers," maybe? As a group I'd imagine we have more invested for retirement, more saved up for emergencies and less debt than the average person on the street for our age and income history.
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
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Old 03-17-2009, 03:30 PM   #16
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One a somewhat related theme, even during normal times I find it very hard to find friends that are comfortable discussing finances even in a general way. I rarely bring it up myself, but when things drift that way everyone seems to shuffle their feet and change the subject.

Well there are plenty of other things to talk about with friends. I guess one of the nice things about this board is that money, retirement, and investing are not taboo.
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Old 03-17-2009, 04:56 PM   #17
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Define "rich". I'm not sure I qualify.
Cuz FireDreamer said so is good enough for me.

Oooooooohhhhhh I'm rich I'm rich...<runs off with arms waving wildly>
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Old 03-17-2009, 05:04 PM   #18
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One a somewhat related theme, even during normal times I find it very hard to find friends that are comfortable discussing finances even in a general way. I rarely bring it up myself, but when things drift that way everyone seems to shuffle their feet and change the subject.

Well there are plenty of other things to talk about with friends. I guess one of the nice things about this board is that money, retirement, and investing are not taboo.
Lawyer coworkers of mine always liked to discuss finances. From new investment possibilities to "my God, my daughter is going to Northwestern and we will have to pay through the nose!" Maybe in part it was because we always knew what each other makes. Outside of work, I have the same experience.
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Old 03-17-2009, 05:12 PM   #19
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If you saw the neighborhood I live in you would know I'm as low profile as they come.
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Old 03-17-2009, 05:16 PM   #20
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I just naturally keep a low profile: small old house in a blue collar neighborhood, small car, replace clothes when they wear out.

Cow-irkers used to mock me, but I'm retired.

And that's why I is and they ain't.
(points for the reference)
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