My former boss explained it like this
There are three types of rich people out there.
1. Lotsa money. These people can pretty much do whatever they want, but they have to keep their jobs in order to support that lifestyle.
2. F-you money. They have so much money that if they get pissed off enough, they can say "fuck you, I quit".
3. Stupid money. These people are so rich that no matter what they do, no matter how stupid they are, they will be worth more tomorrow than they are today. Our president happens to be in this category.
I suppose your 400k/year family would be in category 1 in rich cities, but category 2 elsewhere. They are nowhere near category 3.
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In response to this post by WahooRQ)
Posted: 12/17/2017 at 12:29PM