Examples of rich people being stingy!

[50sandFabulous]

MIL worth Millions. Huge house, several cars, hundreds of thousands in cash ISA's and Bonds. Owns at least 8 properties that she rents out, so monthly income from that must be at least £7k a month, plus a few pensions, so probably income of £10k per month. No mortgage. Will she treat her son and me for a meal? Fuck no. We either pay or it's split 50/50. I just don't get it. When we eat out with our adult kids we always pay, as even though they work, we know they don't have as much as we do. Anyone else got in-laws or friends like this?

You know what they say.

You don't get rich by spending money!

Couldn’t get worked up about this, happy to pay my way.

My cousin is a multi- multi millionaire and would never even buy me a pint. Not that I expect him to but he's also ripped me and a couple of close friends off to the tune of thousands of pounds. So not only is he tight, he got his money by stepping on people.

🙄 I'm happy to pay my way as well, but I hate stinginess and would also judge your MIL. I wouldn't "get worked up about it", but I would share your opinion that she's mean spirited

So your expectation is that whether it's family members or friends whoever has the most money should pay? Or is it an in-law thing?

No, I think her opinion is that her MIL could put her hand in her pocket once in a while.

Well, when she goes she can’t take it with her.

Cant understand people like this, if I had that amount of wealth I’d happily treat my loved ones

I used to be friends with someone quite wealthy who mysteriously disappeared to the toilet every time it was her turn to buy a round at the pub. The rest of us stopped inviting her out eventually.

BIL earns over 250K a year, no children of his own. Wouldn't sponsor our 6 year old son (his only nephew) for a fun run he is doing. Not even a fiver 😅 I'll know not to ask again!

Other family members with nowhere near as much money all kindly gave him something. It does often seem to be the way.

Perhaps she doesn't want her son and DIL to expect £££££ but to make their own way in life.

Not really. It just surprises me that she never says "I'll get this, my treat", as that's what we do with our adult kids. Of course we can pay our own way, and we do! It just bewilders me, given the amount of wealth that she has. It's not just this, she is stingy in other ways, with other people. Very happy to spend ££££ on herself though!

Wow, that's outrageous!

We have made our own way in life. No hand outs EVER.

Eugh....I'd absolutely judge her op for that. Disgusting behaviour

I worked as a cleaner for someone on Kent's rich list. She made her husband and herself nice filter coffee and I got instant

Meh I'm a bit torn, agree in that I cannot imagine not paying for my children's meal if I was able to, no matter what age they are. However I also am a strong believer that people like your MIL are rich and have done well for themselves because they don't splash their cash around

Perhaps they don't want to insult you by insisting on paying. Or flaunt their wealth by insisting on paying. Unless it was specifically their treat for something I would expect (and insist on) paying half. If they wanted to add a bottle of champagne I wouldn't complain though.

There are rich people who grew up with little, amassed ridiculous money but are still not spending because their head just won't let them. At all.

I ran the second hand uniform shop at DD’s prep school. It was always the richest families who would have their kids in the most outworn/outgrown uniforms to save a few pennies. The same offenders would also ‘forget’ to pay for school dinners etc..

I don't think it's that, because if DH says "We'll get this one, our treat", she says "Oh are you sure" and her card is back in her purse before she's finished the sentence. So she's happy to be treated, without feeling inferior.

For extra context, a lot of her wealth was gifted by her parents, not all self made. She just hasn't treated her own children the same. In fact one of her children is extremely poor, and has not been offered any help.

Most wealthy people I know are very careful with some types of spending.

I know one person who will literally drive round and round to find the cheapest parking to save a fiver.

However, when it comes to wine, he’ll happily spend a fortune.

One he views as money well spent. The other he views as not value for money.

Well that's great. In her dotage she can pay for her own care /cleaner /gardener etc. No need for you /dh to be wiping her bum!!

This is extremely rude and crass of her.

I don't know - I think it's a person thing, not a rich thing. It just differs in scale.

I know a couple of self made millionaires who have been incredibly generous - with their kids and step children and other people and charities.

Others who would split the bill down to the last penny....

Well, as they say, inheritance tax is an optional tax paid by those who hate their families more than they hate the Inland Revenue.