Old Money vs New Money: Which Aesthetic Wins With Wealth?

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Old Money vs New Money: Which Aesthetic Wins With Wealth?

Рет қаралды 40,255

Жыл бұрын

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Cheers, old sport! The TikTok teens have spoken, and we’re here to ask the hard-hitting questions on the latest viral hashtag. What is “old-money aesthetic,” and how does it relate to your money? What does it really take to build generational wealth? And if you were a RollerCoaster Tycoon kid, are you an old-money adult now? We tackle it all.
In This Episode:  
• George advocating for the coastal grandfather movement
• Marie Osmond, Bill Gates and thoughts on big inheritances
• The Kennedys, the Vanderbilts and other old-money history
Helpful Resources:  
• Be entered to win a $100 Visa gift card when you take our listener survey! Click here to let us know what you think.   
• Do you have a Guilty As Charged question for Rachel and George? Send a DM to @rachelcruze or @georgekamel on Instagram! Be sure to type “GUILTY?” at the top of your message so we don’t miss it.
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This Week’s Happy Hour Special: Lemon Drop 🍸
Ingredients:
• 2 ounces vodka
• 1/2 ounce Cointreau
• 1 ounce fresh lemon juice
• 1 ounce simple syrup
• Sugar
Instructions:
Apply a light layer of lemon juice to the rim of a cocktail glass. Dip the coated rim into sugar, then set the glass aside. Combine vodka, Cointreau, lemon juice, simply syrup and ice in a cocktail shaker and shake until chilled. Strain the liquid into the prepared cocktail glass and enjoy!
Pull up a chair to the happy hour you wish your friends were having. Mix two money experts with some hot takes and a splash of nostalgia, and you get Rachel Cruze and George Kamel talking unfiltered about what’s going on in the world, pop culture, and how to afford a life you love.
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Пікірлер: 136

@amyalexander8856 Жыл бұрын

I love the chemistry of George and Rachel together. They're hilarious 😂

@MamaFriday 6 ай бұрын

With our kids, we didn’t tell them we couldn’t afford things, because I didn’t want to create a scarcity mindset. Instead , we said that we had to make choices with our money, and right now we have other things we’ve chosen to spend it on.

@desdill Жыл бұрын

“I’m not unimpressed by Caesar, I love his salads” favorite quote

@michaelleahy6848 Жыл бұрын

Nick Cannon could rival that too

@kendals3833 Жыл бұрын

I know he came with the jokes!!!

@brendareece6796 Жыл бұрын

Oh my goodness-George is hilarious! “Who can rival that but Nick Cannon himself?” 😂😂😂

@alicarter2515 Жыл бұрын

George, err, I mean Greg, always makes me bust a gut

@demetriusanderson4509 Жыл бұрын

George still feels some type of way about Charles having a queen bed 😂

@OopThereItIs77777 Жыл бұрын

I have always loved how Rachel is so humble. “We don’t have the money for that” when they absolutely do, but she still is frugal. Broke people are broke but go out & blow what they do have on what she said they don’t have the money for. So important for people to realize that

@aliciaeasterwood Жыл бұрын

Kentucky derby reminds me of old money

@dayrich Жыл бұрын

i love my pearls because it makes me feel old & classy like old money but i’m the first generation to have a real set so it’s new money. 😂

@JakeTerch Жыл бұрын

Super stoked they mentioned RollerCoaster Tycoon! That game taught me a lot about economics and physics as a little kid haha

@deanr7640 Жыл бұрын

I knew a guy (he passed) who was very wealthy and had many very wealthy friends. His kids and all of his friend kids but a couple turned out to be entitled, some addicted to drugs, in and out of rehab, always needing money, asked him about it years ago and he said “if you have money it is about impossible to not ruin your kids…think about the 1st car, you don’t want them to drive a junkyard car, you want something that is dependable and safe…new cars have more safety features and are more dependable…in their financial ratio 30,000-40,000 for a car wasnt much. That attitude transferred to everything they did for their kids, they also didn’t want their kids to struggle like they did, or, for some, didn’t want their kids to feel less then their friends who’s parents had money. He said it was hard. Sounds like you would need to keep your money super private, have good friends and set the right perspective on money for your kids, and live frugally. You know continue to do the FPU thing! Ha!

@pamp212 Жыл бұрын

OK. These podcasts could NOT be more (combo) educational and entertaining!!! Thank you for keeping the serious of money management contrasted with the “other” side of some people’s lives.

@ri-riparkin3438 Жыл бұрын

George was in rare form for this episode🤣🤣

@militaryhomes6292 Жыл бұрын

My husband and I were talking about privileges that you don't even realize you have growing up. Like one of my first jobs was working at McDonalds and my son talked about how that was going to be his first job. Than my husband mentioned that his first job was being a life guard and that our son should do that instead because it's easier and you make more money. I mentioned to him that a job like that is a privileged job that I didn't have access to growing up. Like how his parents were able to afford swimming lessons or have access to a pool. Also the money to be able to take CPR classes and all the certifications that come with that. There are lots of situations where you are passing down money and knowledge to your kids without just leaving them with money. Just setting them up with skills is a great way to build generation wealth.

@Roxyfull_ Жыл бұрын

You guys had me LOLing the whole freaking time!!😂 And George still bringing up little Charles’ queen size bed kills me! Lmao You guys, bravo! 😂

@Legacymom0122 2 ай бұрын

19:06 I LOVE how much Rachel and the producers are dying at the comment lol!

@sohoyankee66 2 күн бұрын

I agree not to buy for flex. I do buy quality though so they last longer. My friend always says “buy cheap, buy twice”. I agree.

@Jumpman67 Жыл бұрын

I hope this eventually morphs into a version of “the finer things club”.

@1balletforte Жыл бұрын

Listener from the start here. I was listening to this episode on Apple Podcasts and immediately thought "are they drunk?" Rachel's speech seemed delayed and not her usual upbeat pace. George sounded off too and then there was the moment when George nicely hinted that the intro of the show was left off. I legit wondered what was up with Rachel and George today. After about 3 minutes of listening I realized somehow my podcast speed was adjusted to x.75 LOL I corrected it to the normal x1.0 and there was my usual peppy Rachel and George!!! I laughed so hard. For anyone wanting a chuckle, slow down the speed of their show while listening. It's like they've drank 3 of their cocktail of the day.

@elainebradley8213 4 ай бұрын

Like buying a house, and finding out that maintenance and hidden fees are much more expensive than planned for, so it is with possessions. With boats come haulage, dockage, gas, maintenance. Expensive.

@cindyjugglegoddess7821 Жыл бұрын

Sharon is right…you 2 have great chemistry! Please keep your episodes coming. And this topic was surprisingly deep & provocative. Has me rethinking just what generational wealth means to me and how I want it preserved 🙏🏻

@twinmama16 Жыл бұрын

I umm have 2 handbags that are over $1000 but I pair it with my old navy clothes 😂

@ronnievengua9535 Жыл бұрын

Guilty as well My spensiv swiss watch . . With TJMaxx/Marshall/Ross sneakers and clothes.

@EmSue06 Жыл бұрын

Same! I have a couple Chanel’s (not a flex, most are over 20 years old from my grandma 😂) and I wear them with my target clothes. All about balance!

@randinechomyshen5807 Жыл бұрын

Love this podcast! I can’t wait for the new episodes to drop each week.

@karlaseidel4873 3 ай бұрын

My answer to my children wanting something is two fold; its not in the budget (what can we do to save up for it) or we don't choose to spend money on this. We can't afford it leaves children feeling insecure with no tools to address the insecurity.

@Matt_in_TEXAS Жыл бұрын

Great Job y'all- Love the show, keep up the good work!

@aliciafalendysz6231 7 ай бұрын

See I was struggling with teaching my kids to be grateful (5 &3) so I looked up books! Rachel's book was perfect and prompted a lot of great discussions!

@bookwormbon482 6 ай бұрын

What is the book title please? :)

@theresamoore2436 Жыл бұрын

Great show! It's like an informative party. You got this 😊🎉

@Jayjay-311 Жыл бұрын

First episode I’ve watched. It was funny as heck. You’ve earned a subscription from me

@elizabetha.9808 Жыл бұрын

I live in St. Louis, which is full of old French and German money. Anywhere you go on the planet, two St. Louisans meeting each other for the first time will ask, “Where did you go to high school?” Tells you everything you need to know about socioeconomic status, etc.

@joequinn3234 Жыл бұрын

I grew up in New England but currently live in St. Louis and don’t like it for this reason lol. It’s pretty ridiculous.

@tduck828 Жыл бұрын

Accurate. I'm just west of there. Hello neighbor!

@thebestthingthatneverhappe6729 Жыл бұрын

they ask this same question in Hawaii lol

@ducks-on-quack Жыл бұрын

Got those John Burroughs kids.

@TheThreatenedSwan 5 ай бұрын

Going to college does have significant cultural effects where they then want their children to go to college which is a very bad thing

@shantvincent782 Жыл бұрын

Passing down generational knowledge of Christ is also significantly more important than money and material wealth. It happens to be the only thing with eternal value.

@AllThingsMoneyandTech Жыл бұрын

My husband teaches at a private school and he is struggling with one student who’s parents are very wealthy and he feels entitled. He won’t do his work because he doesn’t see the need.

@michaelleahy6848 Жыл бұрын

Change the scenarios for him

@hoosiermom46 Жыл бұрын

Have you talked to the parents?

@OopThereItIs77777 Жыл бұрын

That’s not his teacher’s job unfortunately. Everything your husband tells him will just be undone at home. His parents probably spoil him & act very entitled themselves; kids are a product of their environment. I know kids from lower class homes that act like this 😮

@TheThreatenedSwan 5 ай бұрын

Deviation to the mean means he will probably not be at his parents level. So on the one hand they might want him to enjoy it while it lasts. Also menial work is not actually character building. If your child is smarter and they're going to be working with their brains, you want to get them on that track sooner

@AB-sj3tl Жыл бұрын

Really love your videos. Great chemistry. I m new to the channel and I’m binge watching!!

@PCKA1987 Жыл бұрын

I’m wanting to go to one of your events one day. I have a feeling many of us families are thinking about these philosophical things that we need some direction: HOW do we leave an inheritance to our children WISELY? Please guys, make it happen! 🙌

@PCKA1987 Жыл бұрын

I am cheesing so hard watching you all while I’m on the treadmill. Probably looking like a Wilhem Dafoe gif… y’all are great. 😂

@ronnievengua9535 Жыл бұрын

Old money to me celebrates tradition. No one in My social circle is old money. . Maybe my kids or nephews will experience this.

@Emerica771 Жыл бұрын

George is a funny dude 😂

@eandrgoodwin Жыл бұрын

I have done much better than my parents, because I got a degree in engineering and always lived on much less than I made. I have no confidence that my kids will do anywhere near as well as me. I feel like all my hard work trying to build a family legacy will end with my generation.

@elainebradley8213 4 ай бұрын

Feel for you. But, we give our kids opportunity and choices then the freedom to grow from there.

@dylannnnn1918 Жыл бұрын

George with the nick cannon dig 😂

@927Peaches Жыл бұрын

This has been my favorite segment so far❣️ Love it! Keep these great shows coming.

@jamesdavis2106 4 ай бұрын

I sail What about Bob. Classic!

@travelnurseadventures3225 Жыл бұрын

Love this format, so happy I can see it-I’m a visual person-didn’t like the audio-thanks for the video!

@giggle1971 5 ай бұрын

If someone has paid for a child’s education, wedding, maybe a first car and helped towards a downpayment on a home. I think that’s enough. Maybe some family items, or something you know that child would enjoy to remember you by. That’s good.

@silvercityroyal Жыл бұрын

lemon drop is very "new money" should have gone with a scotch or a Burbon while wearing argyle sweaters and puffing a Cuban cigar lmfaooooo thaaaats old moneyyyyy lol

@eandrgoodwin Жыл бұрын

Poor people don’t buy logo clothes, because they can’t afford it. Middle wealth buy logos to show they can. Wealthy people don’t buy logos, because they don’t need to.

@kimberleysinclair7204 Жыл бұрын

This was very funny. Keep ‘em coming guys!

@alexandervilla5673 Жыл бұрын

We should all chuckle when people turn their nose up at electric cars. ALL cars are electric cars! Where's take Ford Raptor going when you take the battery out of it?! True Old Money drives Pit and Pat powered vehicles like The Flintstones.

@perrydavis1638 8 ай бұрын

Charles in his queen size bed needs to be Rachel's next childrens book

@hockeyhalod Жыл бұрын

Hold property until the day you die so they get that sweet stepped up basis. Then they can sell it after it provided you value all through retirement. I have no idea how to pass down wealth the right way though... Everyone has to struggle and fail to learn.

@mkschiavone Жыл бұрын

George, PLEASE do a stand-up at the next Ramsey event!

@OlgaSuner-dx7fq Жыл бұрын

I think you need to live for today and not plan few generations ahead. That’s what my grandpa did he had millions had huge mansions with dachas , orchards, wineries, rose gardens etc.. he had everything planned out for few generations to come but life as always comes unexpectedly in a blink of an eye he had to leave everything behind and flee for his life because of the war. There is no guarantee for tomorrow and tomorrow is not given. Live for today and the rest is orchestrated by above.

@kelleyfarley1955 Жыл бұрын

Love your show 🎉

@PicksterTG Ай бұрын

Its funny. He says he won't let go of skinny jeans. Which if that's his preference, I have no problem with that. When skinny jeans became in the thing. I absolutely refused to buy them. My preference has always been loose fit jeans. Its nice when loose fit becomes the in trend. As its makes them way easier to find.

@ParkDari 6 ай бұрын

They still call MBA mama‘s boy Academy😂😂

@yeet9923 Жыл бұрын

We ain’t really never had no old money, we got a whole lot of new money though

@Celesteception Жыл бұрын

Iykyk

@carolchirolas7603 6 ай бұрын

Shawl-collared cardigan checking in 😊

@cristyrobertson9165 Жыл бұрын

There is nothing in me that likes either life style “look”. The flashy new money or the snobby old.

@45jessiemad Жыл бұрын

George is timeless 😂😂

@shadd337 Жыл бұрын

It's my first rodeo 🎉 branching from the classic Ramsey show

@JenniferJane78 Жыл бұрын

My great-grandfather, grew his farming operation to provide for his adult sons, grandchildren and great-grandchildren. The company is now 106 years old. He did not leave cash to anyone, but left shares in the company to his sons and grandsons who were working on the farm. With farming being the biblical commanded occupation, I would assume that the passage in the bible about growing a farm to provide for the grandchildren.

@hoosiermom46 Жыл бұрын

Gilmore Girls, old money vibes.

@ungphuc Жыл бұрын

Rachel loveeees her Louis Vuitton Neverfull lol

@allisonmodaff5635 Жыл бұрын

The movie “Wedding Crashers” comes to mind.....Cleary family=old money!

@kathymiglio8196 Жыл бұрын

Great show!!!! ⭐️⭐️⭐️⭐️⭐️

@andiclemenza6476 Жыл бұрын

Always a great episode ❤️❤️❤️

@Nursemidratz Жыл бұрын

Cheers old sport

@aliciafalendysz6231 7 ай бұрын

George was killing it with the jokes today! Were you a class clown George?

@Liz_AMusingWanderer Жыл бұрын

They're having so much fun!

@danieltik Жыл бұрын

I actually enjoy their conversations

@davidmilhouscarter8198 Жыл бұрын

There was a point in time when the Vanderbilt’s were ‘new money’.

@jillgott6567 Жыл бұрын

New money has made it through study, experience, and acquired knowledge. Inherited or old money has been given it based on family relationships. The old has tied to it expectations, perhaps less experience and knowledge, and is not all it is cracked up to be. No one gave Martha Srewart her money. Like her dislike her she made her own.

@lindashinaberry1167 Жыл бұрын

Great show!

@inthelamplight Жыл бұрын

I would not call a lemon drop "old money" aesthetic. Should have picked a classic gin martini, George and Rachel!

@inthelamplight Жыл бұрын

Also the Great Gatsby was all about how he had made his money so Gatsby was an outsider - New Money

@bobmckee6040 Жыл бұрын

So fun! Thanks

@ChelseaHansen Жыл бұрын

Yessss Roller Coaster tycoon was epic!!

@jonquindiagan682 Жыл бұрын

Keep up the good work.

@johnspears-cs4sd Жыл бұрын

I❤being on my boat but ny is like 4 months in the year

@TheThreatenedSwan 5 ай бұрын

Traditional aesthetics are good

@rw735 Жыл бұрын

Great show.

@karenhoward8542 Жыл бұрын

Does Dave Ramsey have a Coach bag? Louis Vuitton briefcase/ 🙂

@ddraiss Жыл бұрын

An interesting mix of old and new money would be the show Duck Dynasty. Phil Robertson built quite an empire before the TV show was around, and then Willy and his brothers and spouses were definitely new money with the income from the TV show.

@dankbreh9013 Жыл бұрын

Thats not old money. Old money is inheriting intergenerational wealth from estates that are typically hundreds of years old. Phil Robertson is not old money by any definition.

@ddraiss Жыл бұрын

@@dankbreh9013 I know he is not technically old money, but he has old money spending habits compared to Willie's generation.

@claytonbeale8488 Жыл бұрын

George is Crazy!!! 😂

@ambethk77 6 ай бұрын

And to some Europeans there's no such thing as American old money. 😂 There's some families in Europe with wealth that has gone back millennia.

@robby95036 Жыл бұрын

Paying with cash is so much more difficult than 1 credit card and tracking your expenses.

@diananixonbowerswright1913 Жыл бұрын

Lemon drops are a delicious drink.

@dayrich Жыл бұрын

i would consider rachel new money but quite new money. she is super trendy but not logo flashy.

@teresateresa8933 Жыл бұрын

Rachel will have Dave money- she’ll be old money.

@mfbikle Жыл бұрын

Hilariously educational

@janelleg597 Жыл бұрын

Lemon drops are excellent 👌

@rachaelsills8450 Жыл бұрын

the Cesar salad is Mexican, George

@eandrgoodwin Жыл бұрын

I believe it’s “mid Atlantic accent”

@davidmilhouscarter8198 Жыл бұрын

When I see someone driving a brand new expensive vehicle, I generally assume they have an auto loan because one-third of Americans have auto debt.

@Starski43 Жыл бұрын

Smart Money-Happy Hour is a contradiction. Smartness with money does not buy alcohol. I’d like to see this generation wise up to alcohol like my generation wised up to cigarettes.

@elisaangel9789 7 ай бұрын

Martha Stewart didn't one from money. She is self-made.

@ronnievengua9535 Жыл бұрын

Question: if you have a networth of $1M . . And u leave $200K to ur kid or Niece/Nephew. . Do they come from old money?

@ambethk77 6 ай бұрын

No. Old money is like fourth generation.

@RJthing Жыл бұрын

Old money cringes Tesla's, skinny jeans and Apple.

@debg8622 Жыл бұрын

The BFFs☕️

@paolovalente405 Жыл бұрын

@georgeK: so when's the new baby coming ?

@Mrsperryharrison Жыл бұрын

Money talks, wealth whispers

@ginayus2603 Жыл бұрын

Old money expects their kids to go to college. New money is proud when their kids earn money without having gone. Being an educated person is old money. Being an influencer, only fans model, or random KZfaq creator with no actual skills is attempting to be new money.