And if you broke, well, tell us what you’ll continue doing once you HIT your wealth! Not only does it sometimes *repulse* people, but in a room of 100 and me, I’d be listed as #100 in a ranking of “who’s good with their money.” I mean, who spikes up their hair to look like a modern day dinosaur?? Okay, I’m stopping there as I have a feeling it’s only going to go down from here, haha… Do we randomly grow a stem somewhere and poke a hole? Reply You see that lint in the dryer after you dry your clothes? My pair from them is still in great condition, while socks I have bought more recently are already dying.It’s all a state of mind anyways, and once you’ve had your epiphany it’s just a matter of time… I still slip here and there and forget about the ol’ stealth rule at times (*cough* Lexus *cough*), but as long as you’ve gotten a good hold of it and are *consciously* making these decisions with your money, you’re still a firm member of the Millionaire Next Door club, which is really the status you’re looking to achieve. Reply Mr99to1percent works from home but our neighbors think he’s a jobless bum.Most of our extra income is going to our mortgage so we can pay it off early and be debt-free!Reply Our stealth wealth trick is not going on fancy vacations.Prince Al Waleed bin Talal, Saudi Arabia’s richest investor, estimates that he has given several billions of dollars in charity over the past 30 years, much of it wired directly to the accounts of petitioners who apply to his office for assistance with paying back loans, buying a car or getting married.It’s not necessary, but most of those supplicants visit the prince in person as part of a weekly ritual dating back to the early days of the al Saud dynasty. Several pause to recite poems in praise of his generosity.” Planning on staying in the same house forever, which is about average for our area, in the grand scheme of our current income our house payment is about 10% of total income, so its a much more modest house than most people with our income would live in, as average is about 3X as much.
Our stealth wealth is the fact that we don’t have a car but we also don’t live in a hip or fancy neighborhood. Reply Every now and then when I hit the major media an old friend will email me wondering if it was really me, but most people don’t seem to care about personal finance much so it rarely comes up haha…A few of my colleagues at work actually scoffed when I told them where we bought our house. But the schools are good, taxes are lower, and I paid a third for our house versus most of my peers. We just took our first “real” vacation since our honeymoon (married nearly 10 years). We have two toddlers and I’ve decided visiting family is way more fun and relaxing.Free baby-sitters, a fridge, washer and dryer, and multiple rooms for kids to nap in make it totally worth it.And to do that you have to be really good at hiding your “ups” so no one wants to play with you ;) We call this “stealth wealth.” And the stealthier you are, the wealthier you become! I do have to watch out more now that I’ve stumbled across the advent of online shopping (did you know you could order clothes on the internet and they will ship it right to your door??? ), but unless I change up my entire preferences for comfort, I’m pretty sure I’ll always look like the opposite of an adult. Outside of laptops and my coin collection, the only thing I have worth more than .00 is my Santa Portrait which I SWEAR is the best art ever created regardless of what people say! ) and it’s in a sought after community, comparatively we stand out like a sore Santa painting (I will get you to smile about that if it’s the last thing I do!! It’s even more fun when you tell people there that you rent :) That alone gets you the scarlet letter, haha… I eat peanut butter and jelly sandwiches 4 days a week. :) Reply One for socks: based on the recommendations of people on the MMM forums, I have bough a pair of “darn tough Vermont” socks about a year ago.You probably do a lot of things already without even realizing it, but today I thought we’d go around the room highlighting them so we can all laugh and revel in our sneakery. This is by far the one giveaway that I don’t have a single penny to my name, haha… I’m just glad t-shirts and jeans are relatively cheap! (Oooh what if I went around with a large “R” on my clothes?!!! I suppose I’m only fooling my stomach there as it’s not like I’m eating it out in the open, but if anyone does stop by to pay me a visit, I’ll be sure to whip them out for you, and if I’m feeling generous share :) They never get old, I swear! Eventually the fabric gets so thin any abrasion makes a whole! They are guaranteed for life: if they end up with a hole, the company sends you a new pair.Accessing this world is a difficult undertaking for foreign journalists, granted only with the assistance of a few dedicated social workers who risk government opprobrium to expose the realities of life lived on the margins.The Saudi state offers free health care and education, but little in the way of income assistance or food stamps.Reply What did you end up upgrading to now that your old Fords are out of the equation? I have two friends who have over 200k miles on theirs and they have the reputation of running forever. And these are some of the reasons why I’m going to have that freedom you talk about!!! Ain’t nobody in the real world gives a crap about me or my hidden money/blog because most people in the real world don’t pay attention to their money or blogs :) I’m only “personal finance blogging famous” which I actually prefer as it allows for more stealthiness!I miss my beat up Caddy every day :( Just wish all my old cars were more reliable and can’t risk it these days with kids… I fully expect to have it until we’ll all be using self-driving cars Reply ahh very nice! Reply I’ll add it to my list of ideas :) But it basically just comes down to how *badly* people want it.I was 27, not married (yet), no kids, and quite honestly had no idea of what true wealth meant :) These days I still very much want to buy and do whatever my heart pleases, but thankfully I’ve wised up and realized that the only person I want to be impressing now is MYSELF. Much sexier than money, and a lot more attainable the fame! At least nothing substantial enough for a robber to want to pay a visit to my house. @Chris @ Duke of Dollars – I’m TOTALLY down for buying more expensive clothes that last longer, I just rarely go out shopping and so far haven’t found the *perfect* clothes to just keep re-ordering online or else I’d do that in a heartbeat!To get to this freedom though, you have to be really good at staying out of the “one up” game. On days where my hair doesn’t cooperate and looks more like a mullet than a “style,” my ratty clothes continue carrying on the front, doubly making sure to throw people off my trail… And while some minimalists prefer having only the BEST items around since they’ve gotten rid of everything else, I am decidedly not one of those types as again evidence of my deteriorating wardrobe. At the very least you can appreciate it for cost us ,200 to live here (!!! My favorite jeans of 10 years were these super sleek Armani Exchange jeans I had picked up for like a pair (bought three! But haven’t found any steals like that in a while which is the *ultimate* route – quality AND cheap!