8 Insane Things Rich People Think Are Normal

Video Description

In this episode, Chelsea talks about how rich people's perceptions of what is "normal" is making life worse for the rest of us. Cutting ties with lower-income friends: https://www.stylist.co.uk/life/friendship-wealth-gap-relationships-careers-money-finance-how-get-rich-change-personality/220098 Why rich people are jerks: https://thefinancialdiet.com/heres-how-money-can-turn-you-into-an-absolute-jerk/ Ability to pay bail vs. being sentenced: https://slate.com/news-and-politics/2020/01/new-york-bail-reform.html Boomer inheritances: https://www.latimes.com/business/story/2019-11-29/boomers-are-thriving-on-an-unprecedented-9-trillion-inheritance#:~:text=While%20boomers%20as%20a%20group,over%20the%20last%2030%20years Co-buying by the numbers: https://www.marketwatch.com/story/as-housing-costs-remain-high-parents-buy-homes-to-give-their-kids-a-leg-up-2019-01-04 Rent burdened populations: https://furmancenter.org/thestoop/entry/nyc-housing-insecurity-by-the-numbers Silicon valley fad dieting: https://www.theatlantic.com/health/archive/2019/01/silicon-valley-extreme-diets-fasting/581566/ Food spending statistics: https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/#:~:text=In%202019%2C%20households%20in%20the,representing%208.0%20percent%20of%20income Americans worrying about money: https://www.cnbc.com/2019/05/24/25-percent-of-americans-say-they-worry-about-money-all-the-time.html Food anxieties: https://www.vox.com/first-person/2020/4/6/21207065/coronavirus-grocery-shortage-toilet-paper-yeast-insecurity Extracurricular participants: https://www.theatlantic.com/education/archive/2015/01/the-activity-gap/384961/ On "meritocracy": https://www.nytimes.com/2019/06/12/opinion/meritocracy-tests-education.html Getting things for free: https://www.distractify.com/p/rich-celebrities-free-stuff https://www.moneyaftergraduation.com/easy-being-rich/ Being rich = confidence: https://www.marketwatch.com/story/incompetent-people-from-wealthy-backgrounds-are-more-likely-to-act-like-theyre-smart-and-people-believe-them-2019-05-21 Watch more of The Financial Diet hosted by Chelsea Fagan here: https://www.youtube.com/playlist?list=PLD30V46E07RR99cC0gCjKUbt-BKoDUcnc The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet/?hl=en