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southern old money isn't actual old money

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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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#11by:    
#11    

Well I'm glad I saw this thread. I was considering 'Bama but maybe not if there's a north/south thing going on. Clearly y'all don't realize the War Between the States ended 150 years ago. And what does this even have to do with Greek life?

By: Whaaaat?
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by: Ded   

Literally!

By: Ded
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by: /   

preach @um

By: /
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#12by:    
#12    

As someone already said it isn't about the money. It's about the connections and who your people are. That's it. If you ran in the same social circles as the other old row sorority/frat members, went to the same private school, and you are an upstanding person, then you are in. No one looks at the size of your house for that. That isn't to say that people who are from out of state don't get in because they they do! That is a misconception too. It's just that the term old money doesn't really refer to how much money is in your parents bank account, but instead where your people came from and who you know.
May not make sense to an outsider, but that is how it seems to be.

By: It's not the money
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#13by:    
#13    

Honestly the true southern old money is not in Alabama. The true old money is in states like Virginia, NC, and SC because of the tobacco industry. Even pre-Civil War, Virginia had the wealthiest plantation owners because of tobacco. Families who have roots in the tobacco industry in the South are typically still very wealthy and have "old money".

By: Hey
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by: Bump   

This is basically it. Alabama families are not rich at all compared to VA, NC, SC, or even GA. That's where the old money is in the South.

By: Bump
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#14by:    
#14    

THIS IS THE DEFINITION OF PETTY. Let me tell you that if money is all that matters to you, you will live such a sad life!

By: lil lady
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#15by:    
#15    

Ummmm I come from pre-civil war Atlanta money. Also my great uncle was Ted Turner. Investments in gold and technology. My southern old money is just fine. So is my last name.

By: Yeah right
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by: ummm   

IS Ted Turner - the old guy is still alive.

By: ummm
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#16by:    
#16    

Everything Old is New Again

By: Tray
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#17by:    
#17    

What was her obsession with money? It’s post after post and stealing from me… chill bro

By: Mcdouble
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#18by:    
#18    

This screams I’m better and richer than you poor Southern peasants. I deserve to be in your elite social clubs. Sorry, it just doesn’t work that way. It’s really not about money.

By: Ok
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#19by:    
#19    

Southern Old Money - Mary Kate’s daddy owns 3 car dealerships in Wetumpka and Jasper

Northern/West Coast Old Money - Mary Brooke great grandaddy founded a bank or railroad….

By: I’m from AL but…
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