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Duration:22:20
Uploaded:2021-01-12
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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

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