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The Financial Diet

Gentrification, Class Differences, And Working For The Ultra-Wealthy In NYC

The Financial Diet

TFD

Business

4.3548 Ratings

🗓️ 1 May 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

Get $10 off at https://Nutrafol.com when you use promo code TFC Go to https://Zocdoc.com/tfc and download the Zocdoc app to sign-up for FREE and book a top-rated doctor. Chelsea sits down with Dutch of the popular @dutchdeccc TikTok to talk all about the nuances (and frustrations) of growing up around working for the ultra-wealthy in NYC while being from a working-class background. Follow Dutch on TikTok here: https://www.tiktok.com/@dutchdeccc?lang=en Join this channel to get access to perks: https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet/?hl=en

Transcript

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0:00.0

Hello, everyone, and welcome back to an all new episode of the Financial Confessions.

0:06.0

It's me, your host, Chelsea Fagan, founder and CEO of the Financial Diet and woman who loves to talk about money.

0:12.7

And today I am really, really excited to have someone on who not only have I personally been watching for a while,

0:19.3

but who talks about a lot of topics that are some of frankly

0:22.9

our favorites to talk about here on TFD.

0:25.3

Literally just 10 minutes before sitting down to film this,

0:28.5

I was actually working on a script that I'll be recording

0:31.6

next month.

0:32.3

That's all about the current obsession, especially

0:35.8

taking place on places like TikTok, with old money aesthetic,

0:40.1

the coastal grandma look, like the what you're seeing the Pierce family wear as opposed to

0:44.6

the Roy family wearing on succession, this very specific ideal of money that is in some ways

0:50.3

so idealized as to be totally divorced from its class implications.

0:55.0

But if we scratch the surface of our obsession with old money aesthetics, we do understand pretty quickly and we'll obviously get into this in more depth in the video that there is a very strong class element there, even if we want to pretend it's just about the sweaters tied around your shoulders.

1:09.0

Similarly, by chance yesterday I off the cuff recorded a TikTok about one of my experiences working for a yacht club,

1:16.7

which is something that I've spoken about before on this channel. And it just sort of happened to go

1:22.7

off very unexpectedly in the past like 12 hours. It's gotten like half a million views with all

1:27.4

kinds of people

1:28.1

weighing in with their stories and experiences about having

1:31.0

worked at yacht clubs and country clubs for those who don't know

1:33.9

yacht clubs are essentially country clubs plus boats.

1:37.0

But suffice to say, the very specific experience of being not a very

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