Login  
 
 
Go Back   Chamber of Secrets > Forum Archives > Harry Potter Archives

The Potters and their money, how and why were they so rich?



 
 
Thread Tools
  #61  
Old March 21st, 2007, 9:00 pm
Matty2128  Male.gif Matty2128 is offline
Banned
 
Joined: 4292 days
Location: Toms River , New Jersey
Age: 30
Posts: 15
Re: The Potters and their money, how and why were they so rich?

I have 2 thoughts about where James might of gotten the money

1st I think that he might of just inherited the money from a rich dead family member

but this one to me pops out more if you know what i mean

2nd I think that maybe he didnt have alot of money but it sat in the bank so long it colleted so much interest but thats if Gringotts has interst on there money

Matt


Sponsored Links
  #62  
Old March 21st, 2007, 9:29 pm
deathly_hallowx  Male.gif deathly_hallowx is offline
Second Year
 
Joined: 4318 days
Posts: 93
Re: The Potters and their money, how and why were they so rich?

This is a good point. We haven't really found out much about James and Lily's history, for some reason. I hope their professions (if they had them) will be announced somehow in DH. Or maybe they won the wizarding lottery, I don't know.


__________________

Mark.
  #63  
Old March 21st, 2007, 10:17 pm
DeathlyHabitue  Undisclosed.gif DeathlyHabitue is offline
First Year
 
Joined: 4364 days
Location: Gliese 581
Posts: 87
Re: The Potters and their money, how and why were they so rich?

Quote:
Originally Posted by OddSoup View Post
They might have delt "wizard drugs" -- or maybe not. You know, its a possibility.
Ya, that must be it.

Seriously though, it was probably family money. But if the Potters were pure bloods I don't think they were on very good terms with people like the Blacks or Malfoys. If the Blacks had considered the Potters "respectable" I'm sure there would've been some Potters on the Black family tree. Because there are so few pure-blood families left they are all disturbingly inbred with each other. This makes me think that the Potters were either blood traitors like the Weasleys or that they had a family tree with a few half bloods and muggle borns on it. If one of your grandparents if a half blood, but the rest of your family are pure bloods, are you considered a pure blood by wizard society at large? Probably. I could see this being the case with James or other Potters.
I also don't think that the Blacks, the Lestranges and the Malfoys are the only people in the wizarding world with money, or that all of the old, old pure-blood families have money, just look at the Gaunts.

As far as an occupation goes even with money from his family, I just can't see James sitting around doing nothing. James is pretty destructive when he's bored, as I'm sure Snape could tell you. Furthermore, in his school days, he managed to get straight As, be on the Quidditch team, become an animagus while hiding it from Dumbledore and still find time to explorer the secret passage ways of the school. But, I can't see James working for the ministry either. He got too much of a problem with authority. Besides, not everybody in a society can work for the government, unless its communism of course, but thats different. I don't know about Lily. I think she was probably employed or at least employed for a while. Again I'm going on a hunch here that Lily would not be content to be an idle housewife. Though, I could see her not working after her son was born since being the full time mother of a one year old is anything but relaxing.


__________________
"The difference between fiction and reality is that fiction has to make sense." Tom Clancy.
  #64  
Old March 21st, 2007, 10:28 pm
swpoison  Undisclosed.gif swpoison is offline
First Year
 
Joined: 4376 days
Posts: 86
Re: The Potters and their money, how and why were they so rich?

Quote:
Originally Posted by DeathlyHabitue View Post
Ya, that must be it.

Seriously though, it was probably family money. But if the Potters were pure bloods I don't think they were on very good terms with people like the Blacks or Malfoys. If the Blacks had considered the Potters "respectable" I'm sure there would've been some Potters on the Black family tree. Because there are so few pure-blood families left they are all disturbingly inbred with each other. This makes me think that the Potters were either blood traitors like the Weasleys or that they had a family tree with a few half bloods and muggle borns on it. If one of your grandparents if a half blood, but the rest of your family are pure bloods, are you considered a pure blood by wizard society at large? Probably. I could see this being the case with James or other Potters.
I also don't think that the Blacks, the Lestranges and the Malfoys are the only people in the wizarding world with money, or that all of the old, old pure-blood families have money, just look at the Gaunts.

As far as an occupation goes even with money from his family, I just can't see James sitting around doing nothing. James is pretty destructive when he's bored, as I'm sure Snape could tell you. Furthermore, in his school days, he managed to get straight As, be on the Quidditch team, become an animagus while hiding it from Dumbledore and still find time to explorer the secret passage ways of the school. But, I can't see James working for the ministry either. He got too much of a problem with authority. Besides, not everybody in a society can work for the government, unless its communism of course, but thats different. I don't know about Lily. I think she was probably employed or at least employed for a while. Again I'm going on a hunch here that Lily would not be content to be an idle housewife. Though, I could see her not working after her son was born since being the full time mother of a one year old is anything but relaxing.
There is a potter on the black family tree. Though I don't think this makes your wrong. I don't think the Potter where dark wizards so people like the Black family and the Malfoys probably didn't like them to much. Also the fact that there is a Potter and a Malfoy on the family tree means ... Malfoy and Harry are related(imaging being related to that little brat).

You can take a look at the tree here. I thought it was really cool(look for Charlus Potter).
http://www.hp-lexicon.org/wizards/blackfamilytree.html
It explains where the image came from on the site and everything. Isn't it a surprise that this wasn't a really big question for Harry to not only realize that Sirius was his godfather but a distant relative?

The fact that there is a Potter on the tree means your more than likely correct and alot of it is Potter family cash and then gold from thier jobs what ever that may be. I'm wondering if Lilly potter wasn't an unspeakable and worked in the Room of Love in the ministry.


  #65  
Old March 21st, 2007, 10:51 pm
Sile's Avatar
Sile  Female.gif Sile is offline
Fourth Year
 
Joined: 5268 days
Location: Tir na Nog
Age: 37
Posts: 574
Re: The Potters and their money, how and why were they so rich?

I always thought James inheirited his money from his parents and that the Potter's were an old pureblooded family. I don't think that Dorea Black would have remained on the family tree if the potters were half blooded or muggle born. Andromeda was burnt off for marrying Ted Tonks who was a muggleborn


__________________

No words can describe the beauty of Australia

avatar thanks to m_kelbell on photobucket
  #66  
Old March 21st, 2007, 11:03 pm
Quickquill  Female.gif Quickquill is offline
Second Year
 
Joined: 4356 days
Location: Beersheva, Israel
Posts: 231
Re: The Potters and their money, how and why were they so rich?

I agree that a good bit of Harry's money was probably inherited from his father's family. We hear nothing about his Potter grandparents, so they probably died before he was born. The same is true of Lily's parents, since Petunia is Harry's only adult surviving blood relation. But James and Lily were both very talented magically, and presumably could earn money in any number of ways. It's not necessary for a talented witch or wizard to have a regular salaried job in order to make money.

James was an excellent seeker, and could have played Quiditch professionaly if he wanted to. He and his friends probably also sold joke items to the joke shop or independently while at Hogwarts like Fred and George. Lily was good at potions, and could have sold various potions to others. They could also have won some of their gold in various contests, like Harry did in "Goblet of Fire".

Also Dumbledore said that the Order would take care of the Weasley children if anything were to happen Mr. and Mrs. Weasley. One can assume that this was a well established policy that was in force when the Potters were in the Order too. ( Which would account for Harry's full scholarship to Hogwarts.) Also there may have been some kind of bounty available for defeating Voldemort, which would have gone to Harry when Voldemort disappeared.



Last edited by Quickquill; March 21st, 2007 at 11:36 pm.
  #67  
Old March 22nd, 2007, 2:10 pm
olive632's Avatar
olive632  Female.gif olive632 is offline
Fifth Year
 
Joined: 4535 days
Location: UK
Posts: 843
Re: The Potters and their money, how and why were they so rich?

Well I think I read sopmewhere that JK said that Lily had a job and it would become important in DH.


__________________
Thank you JK
  #68  
Old March 22nd, 2007, 4:55 pm
RiverIsis's Avatar
RiverIsis  Female.gif RiverIsis is offline
Fourth Year
 
Joined: 4434 days
Location: sometimes England others USA..
Posts: 582
Re: The Potters and their money, how and why were they so rich?

ok - I could be wrong... but I don't think James had a "job" if you parallel James (or the Malfoys, Blacks, Lestranges etc) to English(British) aristocracy then it is not necessary to have an ongoing salaried job. However, I do think he worked. I think he worked on an as needed basis and not necessarily for the money. This working as needed would be very beneficial to the Order because it kept him available.

From what I understand about Lily she was raised in an affluent but working class family (Petunia's obsessions seem to indicate this with her need to be perceived as being "well-off"). I therefore speculate that Lily probably had a strong work ethic and actually wasn't like Petunia and didn't wish to be a "kept woman" ( just think how this would get up Petunia's nose, but I digress). Lily had a sense of using her powers for the good and I think her "job" choice would have been strongly guided by Dumbledore and her talents... how many times have we heard of her talents as a potion maker etc. I could see her in a "lab" in the DOM/St Mungos working on cures or the like myself. This would put her in the loop to hear about things going on in the ministry but also working with her obvious talents. She wouldn't have been high up in any department and therefore she would have been readily available for the Order as well.

Like others I doubt they had jobs such as being aurors because necessity seems to indicate that they would have been needed elsewhere, plus as mentioned before when Harry spoke about being an auror not a single mention was made about anyone in his family having been one.


__________________

Well Done ASA!

In the words of 1980's Wham t-shirt "Choose Life" Harry!!!!! (and Hermione, Ron, Ginny, Molly, Arthur, Neville, Luna, Lupin, Tonks, Hagrid, McGonagall, Fred, George, Charlie, Bill Fleur...well you get the idea!)
*wonders off embarrassed because I now sound like Hagrid at the end of "Chamber of Secrets" movie *
  #69  
Old March 23rd, 2007, 3:52 pm
Evil_Voldemort  Undisclosed.gif Evil_Voldemort is offline
Second Year
 
Joined: 4298 days
Posts: 260
Re: The Potters and their money, how and why were they so rich?

Hi. Maybe The Potters had rich friends or the Potters were rich themselves (maybe had a good job) and that's how they got that much money.


  #70  
Old March 27th, 2007, 1:42 am
hplova15165  Female.gif hplova15165 is offline
Third Year
 
Joined: 4285 days
Location: With Jasper, my psychiatrist
Age: 24
Posts: 385
Re: The Potters and their money, how and why were they so rich?

I had thought that James had inherited the money.
"He didn't have a job." (POA, Aunt Petunia) He couldn't have gotten the money from a muggle job. Since he was so busy with the Order, I don't think he had a job in the wizarding world either. Hagrid would have mentioned it to Harry in the 6 years he's known him.

Lily, on the other hand, was a Muggle born. Her parents were probably Muggles, and they transfered their muggle money to wizarding money. Lily was probably not a very rich person: I pictured her as having about the same amount of money as Hermione. But Harry's wealth probably came from his dad, who inherited it from his relatives.


__________________
http://www2.odn.ne.jp/~ccn53930/I/HarryPotter/harry18scar.jpg

"The eyes are the window to the soul."

James was happier than he had been in a while. He laughed constantly when he was talking to her and he was always drawn into the conversation by her charming smile and her eyes Ė glittering gold, they were unlike anything James had ever seen. ~STOP AND STARE


Stop and Stare by me & MissProngs & Feedback ~ * ~ The Last Horcrux (Completed!) & feedback ~ * ~ Lovestruck & feedback

'Sirius Black is sexy, right?' Of course she was right. The best-looking, most rebellious, most dangerous of the four marauders.

I love Harry Potter and Twilight. It can happen without a war.
  #71  
Old March 27th, 2007, 2:08 am
Half_Blood26  Male.gif Half_Blood26 is offline
Third Year
 
Joined: 4284 days
Location: Hogsmeade
Age: 25
Posts: 366
Re: The Potters and their money, how and why were they so rich?

I think that James had rich parents who passed away and left all of their fortune to him, which in turn was passed to Harry.


  #72  
Old March 31st, 2007, 9:13 am
shortie97890  Female.gif shortie97890 is offline
Second Year
 
Joined: 4282 days
Location: idaho
Age: 31
Posts: 155
Re: The Potters and their money, how and why were they so rich?

i think that the money was from James side of the family.


  #73  
Old April 1st, 2007, 6:14 pm
goldenlight  Female.gif goldenlight is offline
Second Year
 
Joined: 4933 days
Location: over the rainbow
Posts: 102
Re: The Potters and their money, how and why were they so rich?

Harry probably inherited the money form James' side of the family. From the way Sirius described James' home, it seem like they were rich. James and Lily could have also had high paying jobs. I have also suspected that they were Aurors or part of the ministry of magic.


__________________
  #74  
Old April 1st, 2007, 7:33 pm
okkid  Female.gif okkid is offline
Second Year
 
Joined: 4395 days
Location: Coachella,California
Age: 27
Posts: 127
Re: The Potters and their money, how and why were they so rich?

James inherited his money.I think he just came from old money.


__________________
welcome to the dollhouse

Harry Lives!
  #75  
Old April 10th, 2007, 1:30 am
dreamy_eyes_xox  Female.gif dreamy_eyes_xox is offline
First Year
 
Joined: 4301 days
Location: Godrics Hallow
Age: 25
Posts: 74
Re: The Potters and their money, how and why were they so rich?

James was a PURE BLOOD!!! PURE BLOODS have money!!! im sure he inherited alot from his parents....


__________________
http://www.harrypotterfanfiction.com...showuid=210647

MY NEW LINK TO MY NEW STORIES. PLEASE ENJOY
  #76  
Old April 10th, 2007, 1:33 am
rotsiepots's Avatar
rotsiepots  Undisclosed.gif rotsiepots is offline
McMugwump Supreme
 
Joined: 5884 days
Location: Oblivion
Posts: 7,519
Re: The Potters and their money, how and why were they so rich?

From what I can gather, there aren't a lot of independently wealthy wizards. Money is either in the family (ie the Malfoys or the Potters), or you have money because one (or both) of your parents are wealthy Muggles (ie Hermione).

I think the Potters were an old family who probably had the right investments and the like at the right time. Either that or they invented something. Who knows?


__________________


Lunch was six dollars and thirty-one cents at the Lamplighter Inn, that's on Highway Two near Lewis Fork.
That was a tuna fish sandwich on whole wheat, slice of cherry pie, and a cup of coffee.
Damn good food. Diane, if you ever get up this way that cherry pie is worth a stop.

  #77  
Old April 10th, 2007, 1:47 pm
Minta_xx  Female.gif Minta_xx is offline
First Year
 
Joined: 4273 days
Location: Southe East England
Posts: 4
Re: The Potters and their money, how and why were they so rich?

I think JK Rowling said that James inherited a large sum of money from some relative or something...

Quote:
James inherited plenty of money, so he didnít need a well-paid profession.
Then when James died harry got the money so it would be quite a lot wouldn't it?


  #78  
Old April 10th, 2007, 2:09 pm
AmesEmoWitch  Female.gif AmesEmoWitch is offline
Second Year
 
Joined: 4793 days
Location: In daydreams
Age: 30
Posts: 112
Re: The Potters and their money, how and why were they so rich?

Yeah thats true, and I also think that, like in our world, maybe Gringotts customers get interest on the money in their accounts...

The money was in there at least ten years before Harry got hold of it.. LOADS of interest! lol


__________________
I wish life was not so short, he thought. languages take such a time, and so do all the things one wants to know about.
-J. R. R. Tolkien


  #79  
Old April 10th, 2007, 2:45 pm
hwyla  Female.gif hwyla is offline
Registered Animagus
 
Joined: 5017 days
Location: Sev's Wine Cellar
Age: 60
Posts: 4,552
Re: The Potters and their money, how and why were they so rich?

Actually, we have no evidence that Gringott's pays interest. Interest is paid by the bank because you allow the bank to USE your money to earn money for them (making loans for example). And we don't see any evidence that your money in Gringotts would ever leave your vault and be 'used' by the bank.

Gringotts vaults seem much more like really large safety deposit boxes than savings accounts to me.


__________________
When Dumbledore asked Snape, "If you are prepared..." he didn't mean 'Have your Death Eeater robes returned from the cleaners'.
Everything we've seen Snape do, was done knowing Voldemort WOULD return someday.

And when that day would come, that he had better have the appropriate memories that would enable him to lie to Voldy's face.
  #80  
Old April 10th, 2007, 5:53 pm
RiverIsis's Avatar
RiverIsis  Female.gif RiverIsis is offline
Fourth Year
 
Joined: 4434 days
Location: sometimes England others USA..
Posts: 582
Re: The Potters and their money, how and why were they so rich?

Quote:
Originally Posted by dreamy_eyes_xox View Post
James was a PURE BLOOD!!! PURE BLOODS have money!!! im sure he inherited alot from his parents....

um the Gaunts didn't have any money


__________________

Well Done ASA!

In the words of 1980's Wham t-shirt "Choose Life" Harry!!!!! (and Hermione, Ron, Ginny, Molly, Arthur, Neville, Luna, Lupin, Tonks, Hagrid, McGonagall, Fred, George, Charlie, Bill Fleur...well you get the idea!)
*wonders off embarrassed because I now sound like Hagrid at the end of "Chamber of Secrets" movie *
 
Go Back  Chamber of Secrets > Forum Archives > Harry Potter Archives

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT +1. The time now is 11:16 pm.


Powered by: vBulletin, Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Original content is Copyright © MMII - MMVIII, CoSForums.com. All Rights Reserved.
Other content (posts, images, etc) is Copyright © its respective owners.