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I think New Money is when you're newly rich and there is an implication you put on heirs and try and fit it in with your wealth bracket, used as a pejorative. Old money is when your wealth goes back generations.

Haha, yeah, people in the rich/upper class circles are obsessed with it

In the USA, old money really only exists in the northeast - new England and new York - people who have family that goes way back, a lot of the time all the way back to the puritans who first settled here, really classy old school, money's been in their family for years. a lot of them are pretty classy and cool people who don't throw their money around and don't act spoiled or anything, but plenty of them are snobby pricks too.
New money is families that really only recently got rich, they are looked down on by old money families, there's like a line that's been drawn between them, it's fucking ridiculous. Same goes for them, there are some ones who are really cool but some of them get cash and run out and make sure people know they're rich in every way possible, really crass.


There's your preppy sonika definition of old vs new money



Edit: sorry this may be kind of weird to read, I'm typing on my iPod

rayman612 wrote:

Reverb wrote:like new poor / old poor in Its Always Sunny?

is that when they go to dave & busters like 5 times & charlie starts catching crabs?

lol yes.

sonika are you or have you previously read the great gatsby.....

Yeah we had to read it in 7th grade, why?

because your basically describing the entire sub plot of the book......

Well....it was based on real society....which exists....lol

Sonika wrote:Well....it was based on real society....which exists....lol

East and West Egg aren't real places

"based on"

And it's real society. The places may not be real, but yeah what Fitzgerald is describing is 100% real
We had long talks about it on English class

nerd!

the beaver boys kick ass

Nice avatar, Reverb. One of my favourite films <3

Sonika wrote: In the USA, old money really only exists in the northeast - new England and new York - people who have family that goes way back, a lot of the time all the way back to the puritans who first settled here

ummm, no lol. there is old money all over the country...how do you think it was settled?

You think there's no old money in Texas?

guys back off, he had long talks about it in english class

mo respect wrote:

Sonika wrote: In the USA, old money really only exists in the northeast - new England and new York - people who have family that goes way back, a lot of the time all the way back to the puritans who first settled here

ummm, no lol. there is old money all over the country...how do you think it was settled?

Fair enough, but from my experience it's in higher concentrations in the northeast

@ch3/reverb - what movie?

Sonika wrote: @ch3/reverb - what movie?

http://www.imdb.com/title/tt0119237/

idontreallygiveashit wrote:btw can someone explain the differences between lower middle/middle/upper middle to me so i can know who i should like and where i should see myself in society?

http://en.wikipedia.org/wiki/Social_str ... ed_Kingdom

ch3 wrote:

Sonika wrote: @ch3/reverb - what movie?

http://www.imdb.com/title/tt0119237/

watch it on youtube sonika. its a very upbeat, feel-good movie

Reverb wrote:

ch3 wrote:

Sonika wrote: @ch3/reverb - what movie?

http://www.imdb.com/title/tt0119237/

watch it on youtube sonika. its a very upbeat, feel-good movie

too many dead cats