Why The Rich Dont Want To See Themselves As Rich

Published: April 20, 2018, 8:30 a.m.

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Let\\u2019s say that you make more than $500,000 a year. You have a million bucks in the bank. Maybe you have a second home in the Hamptons. You\\u2019re rich, right? Well, to most people, it certainly looks that way. But even if you\\u2019re part of the 1%, you might not think of yourself as that wealthy. Rachel Sherman is a professor of sociology at The New School and the author of Uneasy Street: The Anxieties of Affluence.\\u201d She interviewed 50 wealthy New Yorkers about their attitudes toward their money. What she found was surprising, and impacts the lives of even those who might not have a million dollars in the bank.

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