Forget the full-length fur coat and fuel-hungry Ferrari. Old Money has a very different idea of what constitutes luxury, and, not surprisingly, it has very little to do with material possessions.
So, without further delay, let’s learn about Old Money’s idea of what luxury really is…
The first big luxury enjoyed by Old Money is Peace of Mind. Old Money is living below its means. There’s no credit card debt. Financial concerns are limited to the growth and preservation of the nest egg.. The monthly bills could probably be covered by investments alone, even though many Old Money Guys and Gals are still hard at work, doing what they love for a living. “What? Me? Worry?” was probably first said by an OMG.
The second big luxury for Old Money is the ability to give to Charity. The only feeling that might be more rewarding than making a lot of money is giving it away to help others. Not everyone is in a position to give substantial amounts to charity. For Old Money, it’s a privilege, and an honor.
The third big luxury for Old Money is Privacy. By living quietly, dressing modestly, and behaving appropriately, Old Money dodges resentment and unwanted attention. This luxury also enables Old Money to interact with and enjoy the company of people from all different walks of life, and simply be accepted for who they are, not what they have.
The fourth and final big luxury for Old Money is Values. These values offer a framework in which their lives can be deliberately and soundly constructed for maximum meaning and enjoyment. Old Money has taken time to consider, articulate, and prioritize these values, which are then expressed in daily actions and habits. This creates a quality of life, irrespective of a person’s income level, net worth or perceived status.
The good news is that half of these luxuries are available to everyone, right now, regardless of income level or net worth.
So feel free to Live Luxuriously.