In The Community
The terms "old money" and "new money" aren’t new. At first glance, they’re just an observational comment on the accumulation of wealth. But if you look deeper, the implications are a lot more complex than that. “Old money” and “new money” actually reflect the ongoing class wars that reinforce racial inequality in this capitalistic society we inhabit. But how do these terms intersect with systemic racism and racial hierarchies, exactly?
@couturechic Old Money✨⚜️ >> #oldmoney #vs #newmoney #oldmoneyaesthetic #oldmoneylifestyle #money #rich #fyp #viral #xyzbca
What Is "Old Money" vs. "New Money"
Before diving into the crux of the issue, it's essential to understand the underlying connotations both of these terms carry. "Old money" typically refers to families or individuals who have maintained their wealth over several generations. These families often pride themselves on traditions, lineage, and sometimes even blue-blooded ancestry. In contrast, the term "new money" is used to describe people or families who've acquired wealth in their lifetime, often through innovation, entrepreneurship, or sudden fame.
The problem isn't the definitions but the values and assumptions attached to them.
The vast majority of "old money" families are white and that’s due to the historical advantages and opportunities afforded to them, often at the disproportionate expense and exclusion of people of color. Considering the U.S. context, centuries of systemic racism - from slavery, Jim Crow laws, to discriminatory lending practices - have actively kept Black, Latino, and other communities of color from accumulating generational wealth. By venerating "old money" and its associated sophistication or class, we inadvertently celebrate a system that thrived on racial inequality.
The dichotomy often casts "new money" as flashy, ostentatious, or lacking in class. This not only undermines the hard work, innovation, and resilience of "new money" individuals but also disproportionately impacts people of color, who, due to systemic barriers, are more often in the "new money" category.
How Do These Terms Reinforce Racial Inequality
The terms "old money" and "new money" reinforce racial stereotypes precisely because of the images they invoke and the underlying assumptions they reinforce. "Old money" often brings to mind generations of wealthy, white families who have inherited their wealth, living in grand mansions and belonging to exclusive social circles. This image suggests a sense of tradition, stability, and entitlement to wealth.
On the other hand, "new money" typically conjures up images of flashy, self-made people—such as tech moguls, entertainers, sports stars, and entrepreneurs—who have recently acquired wealth. They’re often outsiders to the traditional elite and many of them are people of color.
This contrast subtly implies that wealth for people of color is something new, temporary, or obtained through unconventional means or sheer luck. It reinforces the idea that true, lasting wealth belongs to the white elite, and creates a distinction about who truly “deserves” wealth depending on how it’s acquired and the color of their skin.
Language is powerful. The way we name and categorize things can shape perceptions, influence opinions, and even determine value systems. By perpetuating the "old money" vs. "new money" narrative without a second thought, we’re endorsing the racial biases they carry.
We can choose to celebrate new beginnings, innovation, persistence, determination, and diverse paths to success. We can recognize that wealth accumulated without the shadow of oppression has its unique value. And most importantly, we can remember that in the age of information, the stories we amplify and the names we give to things can either perpetuate systemic racism or challenge and change it.
In this digital age, we have the power to rewrite narratives.
Latinos, especially those who come from underdeveloped countries, had to start from scratch, or have a strained relationship with money, understand what it’s like to live within their means. Living paycheck to paycheck is a reality for many of them, so they know how to get creative. As the Venezuelan saying goes, “se arropan hasta donde les llegue la cobija,” they tuck themselves in as far as the blanket can reach. Meaning, they make do with what they have. While buying everything you need is only a click away nowadays, being able to do so is an actual privilege. As the “underconsumption” trend rises in popularity, Latinos and many others have already been living that life.
What is “underconsumption core”?
Photo by Cup of Couple
“Underconsumption core” is a new TikTok trend that champions and romanticizes minimalism and frugality, encouraging people to maximize the use of their purchases and buy only what they truly need. It’s a challenge to the culture of consumerism and overconsumption, which is so rampant online. Instead of showcasing large hauls of clothing, makeup, books, or overflowing fridge shelves, users are posting videos showing thrift store purchases, modest wardrobes, and practical, well-used everyday items.
Born out of necessity
Photo by Liza Summer
“Underconsumption core” has been gaining a ton of traction, especially among young people who are facing increasing financial pressures. For example, the average federal student loan debt balance in the United States is US$37,574 per borrower, according to the Education Data Initiative. Student debt isn’t the only issue, as inflation is constantly looming over Gen Z’s purchasing power. When it comes to Latinos, the wage gap is still an issue, especially for Latina women. Their wages aren’t rising, so financial strain isn’t an uncommon experience for them.
Environmental concerns
Photo by Mumtahina Tanni
There’s also the issue of our environmental impact as consumers! Mass consumerism has created major problems, including the generation of vast amounts of waste. Chile’s Atacama Desert with its heartbreaking landfill is only one example of that. Overconsumption is polluting the environment, and people are opening their eyes to that, adopting more sustainable practices and creating responsible habits.
A rejection of influencer culture
Photo by Ron Lach
The underconsumption trend also seems to be a reaction to overconsumption, which is promoted by influencers across social media platforms. There’s no denying that content creators have normalized haul videos because it’s the most effective way they can promote sponsored products. Now, by promoting underconsumption, people online are starting to push back on this aspect of influencer culture. It seems that they’re saying, “It’s time to be normal again.”
This isn’t a new concept
Photo by Annie Spratt on UnsplashBuying only what you need isn’t a new concept, especially not for people used to having to live within their means and get creative with low resources, like Latinos. This trend might seem revolutionary to some, but it's essentially a return to basics. This is a lifestyle that many communities have practiced out of necessity long before it became a social media trend. It’s a way of life!
The underconsumption trend is challenging extreme consumerism quite effectively. It’s not about telling anyone how to spend their money, but rather about helping people see how capitalism has altered their buying habits. We’re constantly encouraged to buy, buy, buy, without a second thought. But when you stop and think about it, do you really need to have 30+ lipsticks, 10+ Stanley cups, or a new phone every year?
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If you're out of the loop, no worries; we're here to fill you in. Essentially, "girl dinner" is a TikTok trend that's been making the waves recently. The concept revolves around women showcasing what they eat for dinner, all with a lively and enthusiastic rendition of the "girl dinner" melody playing in the backdrop. Here’s the original:
@karmapilled i CANT FIND THE GIRL DINNER PERSONS ACC BUT SHE IS MY HERO (alt: @karma (´◠ω◠`) )
The fusion of relatable content and catchy jingle is unbeatable, with women hopping on the trend to showcase their dinner choices. "Girl dinner" typically constitutes a snack plate, composed of anything you've got handy. It's a meal you whip up just for yourself, requiring no cooking or cleanup.
But the universal characteristics of the ideal "girl dinner," as showcased by the thousands of videos under the trending sound, are 1. It should be quick and easy. 2. The nutritional worth of such dinner is often dubious. Examples might include spicy chips drenched in lime and soy sauce, a large glass of Coca-Cola, nothing at all, or simply opting to sleep instead.
The trend has sparked considerable debate about whether it's all in good fun or if it's endorsing unhealthy, chaotic eating habits or even eating disorders. It's even been criticized for being an insensitive privileged joke that overlooks the struggles of low-income individuals who may not have much to eat for dinner. Even though TikTok trends aren't necessarily designed to be taken seriously, this particular one has stirred up quite a storm.
So, what makes "girl dinner" so relatable?
Research has shown that when women get married, they end up with an extra 7 hours of additional daily work. This involves keeping the house neat and tidy, managing various chores, and, of course, preparing dinner for their partner or the entire family.
Especially in a "traditional" household where patriarchal values persist, wives have very different expectations compared to husbands. Women are expected to ensure the well-being of the home and family. This typically includes feeding your children and partner nutritious meals. However, more often than not, by the end of it all, women are simply too tired to cook for themselves or have simply lost their appetite.
This usually results in, you've guessed it, a classic "girl dinner."
It's no surprise then that numerous married women, as observed from TikTok comments, can relate to this trend. Not just married women, but many women in romantic relationships or who have assumed the role of family caretaker have also shared their experiences.
Given the hectic nature of everyday life, it's understandable why we might opt for a quick and convenient meal. In a society that expects us to manage our responsibilities impeccably and also ensure the well-being of our entire family, a bit of "girl dinner" seems harmless... right?
The thing is, from a very young age, we’re taught to care for others but not for ourselves. While it’s all in good fun, the amount of women that actually relate to this trend is concerning and should probably be a wake-up call of how we’re taking care of ourselves, our nutrition, and our overall health.
The meals presented in these videos highlight the persistent time constraints many people, especially women, grapple with, and reflect both the societal expectations and pressures faced by women and the realities of their daily lives. In a society that often still expects women to shoulder the majority of household tasks and caring duties, it's unsurprising that "girl dinner" resonates with so many.
This phenomenon also sheds light on a form of self-care, albeit unconventional. After fulfilling responsibilities towards others, women often find themselves with scarce time or energy for their own needs. These quick, personal meals, despite their uncertain nutritional value, can be viewed as a form of self-nourishment and self-care, a moment of respite in a busy schedule.
"Girl dinner" also takes a dig at societal eating standards. It provides an honest peek into how people truly eat when nobody's watching, contrasting with the typically idealized meals frequently portrayed on social media. It rejects the pursuit of perfection, instead embracing the reality of consuming whatever is convenient or appealing at the end of a long day.
And finally, the widespread identification with "girl dinner" exposes a shared experience among women from all walks of life. It initiates discussions about work-life balance, the distribution of labor within households, and the societal pressures women face. Although it may have started off as a light-hearted trend, it's actually starting meaningful conversations about the roles and experiences of women in modern society.
There are many sides to this trend, and not all of them are bad. Granted, sometimes things just don’t have to be that deep. But hey, there’s nothing wrong with calling something out when you see it. Sometimes it's a critique of societal expectations for women; sometimes, it's just that you really crave some late-night cheese.
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