Many people assume that Old Money excludes other people: people who aren’t as rich, people who aren’t as well-traveled or as well-read, people who aren’t WASP (White Anglo-Saxon Protestant). While elitists and racists abound in every social class, the majority of Old Money associates with whomever they please. They do this because they’re very comfortable … More Pride and Prejudice
As you know, I rarely recommend products of any kind on this blog because living an Old Money life is not about being a consumer. Quite the contrary. However, there are a few products out there that warrant mentioning. One of them is the shirts made and sold by Mercer & Sons, a company based … More Old Money Essential: Mercer and Sons Shirts
With very few exceptions, all the people I know are being very careful about how and where they spend their cash, regardless of their income level. So when advertisements appear touting limited-time sales events with prices at 30/50/70% of retail, it’s a rare soul who doesn’t sit up and take notice. But before you throw … More How Much Do You Save?
Whether we realize it or not, we’re constantly trading something we have for something we want or need. When we work, we’re trading our time and/or talent for money. When we spend money, we’re trading it in order to obtain goods or services. If we consciously and consistently keep in mind that, each day, we … More Making The Trade
OLD MONEY AMUSEMENT PARK.
Many poor and middle income people complain about the rich getting richer, but never stop to ask themselves why this is so. Granted, many wealthy individuals have access to resources–capital, expertise, social networks, and education–that some people don’t. But a huge contributing factor that enables the rich–more specifically business owners and their shareholders–to become wealthy … More Why Do The Rich Get Richer? Here’s One Answer…