• Money advice for the wealthy

  • Oct 21 2022
  • Length: 8 mins
  • Podcast
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Money advice for the wealthy

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  • Summary

  • Wealth is uncommon, so commonly available money advice will not work for the wealthy. The wealthy are not interested in tips for saving or reducing credit card debt. The wealthy are looking to enjoy, protect and grow their wealth.

    1. Becoming wealthy and staying wealthy are two different things
    2. Becoming rich was hard. Being satisfied with your wealth is the hardest
    3. Don't overestimate the power of money. Money has its limitations
    4. Don’t overlook the power of money. Money can do more than just buying stuff
    5. Teach your kids about money
    6. Your wealth is impressive but you may not be impressive
    7. We, parasites and vultures are risks to our wealth

    You may have figured out how to get wealthy. But you will now have to learn to handle your money well.

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