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12 Things That Meant You Were ‘Rich’ as a Kid

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In the eyes of every kid, being “rich” meant living somewhere between a childhood sitcom and a toy catalog. Having “made it” as a kid wasn’t about exotic sports cars or private jets. It was about the dazzling little things: sleepovers in a two-story house, spontaneously booking family vacations, or never having to share your stash of school supplies. It’s the special quality of having enough, and then some.

Though child poverty has fallen in recent years, 16% of children still live below the poverty line in the U.S.—and nearly 1 in 3 families struggle with housing costs. Neighborhood and ZIP code remain huge indicators of a child’s access to those classic “rich kid” experiences. 

Psychologist Madeline Levine reminds us, “One of the most important things we do for our children is to present them with a version of adult life that is appealing and worth striving for.”

Here are 15 things that basically screamed “my parents have money” back in the day.

A Two-Story House with Actual Stairs

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“Having stairs in the house meant being rich. Having a whole floor overhead?! DAMN! That’s like a castle!” posted a Redditor. The rest of us peasants were stuck in ranch-style homes or apartments, while you got to dramatically stomp upstairs when you were mad. Plus, sliding down the banister? Pure luxury, my friend.

“The two-story house is not simply larger; it signals permanence, stability, and aspiration within American culture,” says housing market expert Dr. Judith K. Miller.

Two-story homes cost significantly more than single-level houses, and every kid knew it. The sheer novelty of having an upstairs made your house the ultimate sleepover destination. We’d spend hours just running up and down those stairs because, let’s be honest, it never got old.

Your Own Bedroom (No Sharing Required)

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While the rest of us were drawing invisible lines down the middle of shared bedrooms, you had your own personal kingdom. Your own space, your own mess, your own rules—absolute paradise for a kid.

Nearly seven in ten 4-children households lived in a 4-bedroom or smaller home, implying sharing among the children, according to the National Association of REALTORS®. So, having your own room remains a pretty solid indicator of financial comfort. Back then, it felt like having your own apartment within the house.

Family Vacations Beyond the State Line

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Oh, you went to Disney World? Or better yet, somewhere that required a passport? Yeah, you were definitely loaded. The rest of us got excited about camping trips to the state park (which were awesome, don’t get me wrong), but international travel? That was next-level rich kid territory.

Extended time away presupposed a parent with paid vacation days, a benefit not universal in the U.S.; nearly half of workers don’t use all their paid time off, and many jobs provide little or none.

In 2025, only about 46% of Americans report planning to travel for vacation this year, and back in our childhood, that number was even lower. 76% of Americans earning over $100,000 are likely to plan a summer trip, compared to just 45% of those earning under $50,000.

If your family jetted off somewhere exotic every summer, you basically became a celebrity when school started again.

Cable TV with All the Premium Channels

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Having cable was one thing, but having HBO, Showtime, and every Disney Channel imaginable? You were living in ‘Entertainment Paradise.‘ While some of us were stuck with basic broadcast channels and fuzzy reception, you had crystal-clear access to every cartoon known to humanity.

“The two-tier system of cable versus broadcast drew a clear line between kids who got Cartoon Network and those who didn’t,” notes media historian Dr. Judith Miller. “Cable became a symbol of middle-class privilege in late-20th-century America.”

Cable subscriptions weren’t cheap, and premium channels cost extra. With the median cable and internet spend at around $121 per month, only families with financial flexibility could “splurge” on these luxuries.

If your parents shelled out for the full package, it meant they had disposable income—and you had the best house for Saturday morning cartoons.

Birthday Parties with Professional Entertainment

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Chuck E. Cheese parties, hired magicians, petting zoos in the backyard—your birthday celebrations were basically small festivals. The rest of us got homemade cake and Pin the Tail on the Donkey (which was still fun, but come on).

In 2024, the average U.S. child’s birthday costs $400–$700, but parties featuring entertainers, caterers, and large venues often surpass $2,000—a luxury out of reach for many (The New York Times, 2024).

If your parents hired entertainment for your birthday, they weren’t just celebrating you—they were making a statement. Those goody bags filled with actual toys or branded trinkets (not just loose candy)? That was the ultimate flex.

A Backyard Swimming Pool

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This was the holy grail of rich kid status symbols. Didn’t matter if it was an Olympic-sized in-ground pool or a simple above-ground setup—having your own pool made you the neighborhood’s MVP during summer break.

Only about 8.5% of U.S. homes have private swimming pools, and that statistic hasn’t changed much over the decades. Pool ownership meant your house became party central, and honestly, you probably got tired of everyone asking to come over 🙂

Even now, a home with a pool commands a significant price premium—listed at 54% more than similar homes without pools, and generally much larger in size.

The Latest Gaming Consoles

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While some of us were still playing on hand-me-down systems from older siblings, you had the brand-new Nintendo, PlayStation, or Sega Genesis right when it hit stores. Plus, you owned more than three games—which was basically unheard of for the rest of us.

As of 2025, 42% of children in affluent U.S. households own at least one game console, versus just 24% in lower-income families (Pew Research Center, 2025; Statista).

The global video game industry now exceeds $200 billion in annual revenue (Newzoo, 2025), and American families in the top income quartile are twice as likely to buy new consoles within the first year of launch.

Gaming consoles weren’t cheap, and neither were the games. If your parents regularly bought you new releases, it signaled they had serious spending power. You were everyone’s favorite friend come weekend time.

Name-Brand Everything

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Nike shoes, Adidas tracksuits, Gap jeans—you wore brands we recognized from commercials. Meanwhile, the rest of us were rocking Kmart specials and trying to convince ourselves they looked just as cool (spoiler alert: they didn’t).

Hand-me-downs were a foreign concept in your wardrobe. Everything looked fresh, fit perfectly, and had those coveted brand labels that somehow made you seem more important.

Multiple Family Cars

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Having two cars in the driveway was impressive enough, but if your family had three or more vehicles? You were definitely part of the upper crust. Bonus points if one of them was a minivan and a sports car.

AutoInsurance.com reports that 37% of U.S. households own two cars. Additionally, 22% own three or more cars. Multiple cars meant multiple freedoms—and probably meant you got rides everywhere instead of walking.

Kitchen Gadgets Galore

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Built-in dishwasher, automatic ice maker, trash compactor—your kitchen looked like something from The Jetsons. The rest of us were washing dishes by hand and getting ice from trays in the freezer like cavemen.

As of 2025, about 61% of American households own a dishwasher (with roughly 92% of those being built-in models). Despite this, nearly 40% of homes still go without, keeping dishwashers a marker of both convenience and financial comfort.

Trash compactors aren’t standard, even now. They significantly reduce waste volume (up to 75–80%), but are largely found in newer or upscale homes. If your kitchen had every modern convenience, your parents clearly weren’t cutting corners on home upgrades.

Central Air Conditioning

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While the rest of us were sweating through summers with window units and fans, you lived in climate-controlled paradise. Central A/C meant your whole house stayed perfectly cool, making it the obvious choice for summer hangouts.

The U.S. Energy Information Administration data shows that 66% of U.S. homes are equipped with central air conditioning. Back then, the gap was even more significant.

“Current and future air conditioner usage is concentrated among high-income households,” notes research from Berkeley Haas. If you never experienced the misery of a sweltering bedroom, you were living the good life.

Unlimited Extracurricular Activities

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Piano lessons, soccer league, art classes, martial arts—you did it all, sometimes simultaneously. Meanwhile, the rest of us got to pick one activity per season and felt grateful for it.

The Afterschool Alliance finds that in 2023, 62% of high-income children participated in arts, sports, or STEM clubs after school, while just 22% of low-income children had similar access. Organized programs required not just fees, but also transportation, equipment, and the luxury of parents with time and resources to support these commitments.

If your schedule was packed with lessons and sports, your parents were making significant investments in your development.

The Reality Behind the “Rich Kid” Label

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Childhood wealth inequality has actually gotten worse over time. The U.S. now has the highest level of child wealth inequality among developed countries. What seemed like simple luxury items back then were actually markers of pretty significant economic advantages.

But looking back, the “rich kid” experience wasn’t really about the stuff itself. It was about the experiences, opportunities, and sense of security that came with financial stability. Sure, we all wanted the cool toys and gadgets, but what we were really envying was the freedom from worry that seemed to surround our wealthier friends.

The funny part? Some of these “rich kid” indicators are now pretty standard (hello, everyone has internet!), while others remain just as exclusive as ever. Swimming pools still cost a fortune, and hiring birthday party entertainment can still break the bank.

DisclaimerThis list is solely the author’s opinion based on research and publicly available information. It is not intended to be professional advice.

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How to Save on International Money Transfers

Normally, I’d question the secret fees that are hidden in my bank’s international money transfer services. While banks sometimes advertise low transfer fees, they usually do not mention the substantial exchange rate margins that quietly siphon money out of your funds. It shouldn’t be expensive to send money overseas.

I’ve discovered seven practical strategies anyone can use to save on international money transfers. Whether you’re sending a hundred dollars to a family member or paying for a service in a foreign country, these tactics will help you hold onto more of your hard-earned cash.

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6 Gas Station Chains With Food So Good It’s Worth Driving Out Of Your Way For

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