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southern old money isn't actual old money

by: Active

Why are people so petty about whether people come from old money here at Bama? All the old row houses, both sororities and fraternities, claim they only want the best members and that includes members that come from old money... Southern old money that is. But y'all don't realize that the true old money comes from the North. Like I get it, we're in Alabama and y'all want rich kids from in state, but you don't realize the fortune that there is up North. Like the "old money" term originated in the North and was long and well established before it trickled down the coast. Idk I just don't think y'all really understand the economic difference there is between the North and the South and I don't understand why y'all are so biased towards Northerners that come from actual old money...

Posted By: Active
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#1  by: HaHa   
#1    

Actually, old money is "really" in Europe - with wealthy families that go back more than 250 years.

But seriously, do some traveling and read some history - Savanah, Charleston, New Orleans, Florida and California. Some of the oldest settled areas in the country.

By: HaHa
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by: ....Feb 17, 2017 4:58:39 PM

obviously i meant within the U.S. if you actually research old money within America you'd see the most notable areas with the highest confrontation of old money in the country is up north. like if you actually look up areas in the U.S. associated with old money, not one single city/county/state in the south is listed....

By: ....
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by: FunnyFeb 17, 2017 6:48:19 PM

… Highest confrontation…

That's rich!

By: Funny
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by: StillFeb 17, 2017 8:35:20 PM

You're still an idiot!

By: Still
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by: sureFeb 17, 2017 8:44:23 PM

sorry that the north is better at basically everything... tell me again, when will the south rise again?

By: sure
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by: FunnyFeb 17, 2017 8:57:56 PM

Don't know the last time I heard of a corporation moving their headquarters north!

Ever heard of the rust belt?

The south is rising honey. Your rusty old northern town is aging and shrinking.

Your children are in Charlotte, Atlanta, Tampa, Houston and Austin

There is growth In the south. Contraction in the north. \n\n\n\n\n

By: Funny
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by: EducatedMar 1, 2017 12:56:34 AM

Actually, the oldest settled areas in the country are places like; Plymouth, Roanoke, Jamestown, Albany, Hampton, Berwick, Boston... the list goes on & on. NOT any of the places you listed

By: Educated
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by: @educatedMar 1, 2017 9:18:55 AM

Florida.. as in St. Augustine.. as in literally the oldest city in the US? And Roanoke, Hampton, Jamestown, all in Virginia, a southern state. Charleston is definitely up there too

By: @educated
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#2  by: Whu   
#2    

I can't even believe this is a real post.

By: Whu
#3  by: The South is older   
#3    

Most Southerners will have very few ancestors who arrived after the early 1700s, so their roots are far more likely to be "old" than those or Northerners. There is truth to the notion that few Southerners have the mega-wealth of the North. But you will find that there are many wealthy Southerners whose ancestors had a similar spot in the pecking order of wealth. It fluctuates from generation to generation a bit, but essentially remains the same.

I think Southerners have more land wealth and less income than Northerners. By necessity that have to be more frugal, although we still spend plenty.

By: The South is older
by: Troll from another placeAug 6, 2023 5:06:30 PM

''I think Southerners have more land wealth and less income than Northerners.''

yup

By: Troll from another place
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#4  by: old money   
#4    

I think it is only important in some houses. In most of them it is a concept that is laughed at for the silliness it is. No one with any sense anymore thinks that people who come from old money are superior to those who don't. Most houses are looking more at girls who will be successful in the future, not whose ancestors were successful in the past.

By: old money
#5  by: Actually    
#5    

You southerners really just need to stop contributing to this post, you're just enforcing your stereotype :/

By: Actually
#6  by: Doubt   
#6    

I highly doubt a southerner said "only the north has old money".

This entire thread is from people who don't have a clue, no matter from which side of the Mason Dixon line they reside.

By: Doubt
#7  by: Richies   
#7    

You came to the South to say you are better than the people who live here ??
The cost of living is higher up North so higher income is necessary -- kids from up north tend to come to school here because it is less expensive than the bigger Universities up north.

Part of the charm of BAMA is its huge Greek system and rich traditions.

If you are better than everyone else then why would you care what they think anyway.

By: Richies
by: NoMar 15, 2017 11:55:07 PM

You're extremely wrong on this I'm from NJ and Alabama is way more expensive then most large universities around me.

By: No
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by: WhatMar 16, 2017 6:46:54 AM

Plenty of old money in-state kids go to bama. If you disagree tell me where you think they tend to go

By: What
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#8  by: Honestly   
#8    

In the South it's more about the "old" than about the money -- your social circles, who your "people" are, that kind of thing. A lot of families in, say, Mountain Brook really aren't that rich comparatively speaking, but even if you're a billionaire and you move there, they will freeze you out if they think you're tacky or you don't have "breeding." The snobbery, it burns. LOL

By: Honestly
by: YesMar 17, 2017 12:11:10 AM

This. You it the nail on the head. No one cares if you come from New York and have oodles of money if you're tacky as hell and have no manners and can't carry a conversation in a bucket

By: Yes
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#9  by: Money   
#9    

New Money = actually earned it/legit money
Old Money = another form of welfare, because you didn't earn it. However, you can still buy a new Ford F150 with that slave money at the end of the day.

By: Money
#10  by: Puhleeze   
#10    

"Oh I'd much rather live in Mountainbrook, then Greenwich or Short Hills." Said no one EVER.

By: Puhleeze

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