Pride and Prejudice

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

Making The Trade

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

Why Do The Rich Get Richer? Here’s One Answer…

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…