About

The Old Money Book is an informative and entertaining guide that shows anyone from any background how to adopt the values, priorities, and habits of America’s upper class in order to live a richer life.

The first section of the book details the Core Values of Old Money. Core values discussed include health, education, family and marriage, financial independence, and the work ethic.

The second section of the book discusses How Old Money Does It. The how-to chapters offer instruction on a variety of issues: dress and manners, purchasing a used car, furnishing a home, and more.

The book also details four Old Money lifestyle choices that, if implemented, will help any recent college graduate accumulate a substantial nest egg by the age of 30.

Whether you’re just starting out or starting over, The Old Money Book has timeless, practical advice that you can use today, and for years to come.

The Old Money Book is available on Amazonย and on Nook.

The Old Money Guide To Marriage is the much-anticipated follow-up to The Old Money Book and is now available on Amazon. This book details Old Money attitudes and strategies that help you understand yourself and what you want and need in a long-term relationship.

The book also reveals Old Money secrets for a successful courtship, engagement, and marriage. From dating around to settling down, everything you need to know about Getting It Right and Making It Last is here. A must read for everyone, from ages 16 to 60.

About the Author: Grandson of a newspaper publisher and son of an oil industry executive, Byron Tully writes for the entertainment industry. He travels frequently and is happily married to an Old Money Gal from Boston.

His book of original poetry, “Beneath This Mountain and 24 Other Short Poems,” was published in September of 2015.

All of Byron’s books are available on Amazon.

amazon.com/author/byrontully

Author Byron Tully
Author Byron Tully

41 thoughts on “About

  1. Hello Byron! Love your blog, and what I’ve been able to review of your book. Any chance it may come out in paperback? My husband and I don’t own a lot of gadgets, simple cell phones, really, so we don’t have a Kindle or a Nook. Thanks.

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      1. Hi Lisa, I’m really happy you enjoy the book and the blog. Thank you. Now that I think about it, I don’t know any OMGs in sales of any kind. I have no idea why. To be clear, I think that every profession, especially in this economy, has to market its goods and services with passion, whatever they are. So in a sense, we’re all selling. But as to why OMGs don’t gravitate toward sales specifically…good question! – BGT

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      2. Thank you for the response, much appreciated! If you happen to pick the minds of your fellow OMG friends please share my question with them. I would love to hear their thoughts and response on the subject………………………………………….
        Cheers!

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  2. Hello, I am enjoying your book. It is quite accurate as far as I have experienced. It will be great if it is published on paper.

    I found one typo so far. You may know of it already, but under the chapter titled Diction and Grammar, it says “Old Money constantly increases its vocabulary be learning new words.” As you probably see now, I think be should be by.

    Regards,

    J. Davis

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    1. Hello Mr. Davis,
      I’m glad you’re enjoying the book. Thank you very much for letting me know about the error. We’ll get that corrected.
      Also, please know that The Old Money Book will be in print this fall, and available through Amazon.
      I’ll announce publication details here on the blog, and when I do, please send me an email with your address.
      I’ll forward you a complimentary copy as a way of saying thanks.
      Kind regards,
      Byron

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  3. Hello Byron,
    I look forward to your postings on your webpage and really did enjoy reading your book! I often revisit chapters in the book for reference on many things that are just not taught or discussed nowdays.
    Question: Why is it that I rarely if never see an OMG working as a sales represenative? i.e. Medical Device Sales, Pharmaseutical Sales…..other than the obvious answer that they would clearly not need the money. Are sales simply a career arena that is not an option for the OMG crowd?
    Warm Regards,
    LP

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    1. My guess would be that OMGs tend to go into fields that they find meaningful, gratifying and intrinsically worthwhile. From what I’ve seen, most people in sales are in it purely for the money.

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  4. Hello Byron,

    I read your book a few months ago and really enjoyed it. I’m curious what your opinion is of dress shirts with contrast collars. I’ve personally been shocked by seeing as money old money gents as I have in them. I can’t help but think of Gordon Gekko or some sleazy car salesman when I see them. Are they a staple in the OMG wardrobe or should they be avoided at all costs?

    Thanks,

    Daniel

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    1. Hi Tyler, thank you for the kind words about the book. I’m glad you enjoyed it. Contrasting collars are tricky. Some people find them dashing. Some people are put off by them. You’re put off by them, and that’s okay. But don’t associate OMG’s wearing them with less-than-scrupulous characters from TV and film. A lot of OMG’s wear them because it’s a little personality that they can slip into a perhaps otherwise pretty traditional business wardrobe.

      The Old Money firm that really put the white collar/colored shirt combination on the map was Turnbull and Asser, bespoke shirt makers in London. They really do it best. And if you’d like your shirt and tie to have the possibility of being seen by satellites circling the earth, check out a T&A shirt and tie combo at their website. The colors, and prices, are eye-watering.

      There are a couple of things to consider in wearing them. First, I think they work best with a very traditional dark blue or dark grey suit. At the very least, a navy blue blazer with dark grey slacks. The traditional, even somber suit anchors the look, and communicates to others that the wearer has integrity and is responsible, but just enjoys a little bit of color, individuality, or even wit in their wardrobe.

      Another thing to consider, if you come around to liking the look, is whether or not it’s appropriate for your work and life. Obviously, it’s not a look for a funeral director, and it may not be a look for a younger person wanting to establish credibility with older clients. Again, my only caveat in wearing this type of shirt is to surround it with very traditional garments and shoes in dark colors.

      One final note: for some reason, the look seems to be a favorite among those of us in the publishing/literary arena. I’ll post some photos of some notable OMG’s on the blog for your enjoyment.

      Thank you again. – BGT

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  5. Hello Byron,
    Firstly, I’d like to add to the above comments and share with you how much I absolutely ‘loved’ your book – I can’t wait for a hard copy (I’m a born minimalist but do like to have my favorites in book form – to ‘hold’ in the hands – completely different to reading the digital version).
    One of the areas of your book which stood out for me personally was that of education. A teeny bit about me (without boring you with too many details); I’m 52, have no real formal education, have managed to secure reasonable jobs (and some not so fabulous) and find myself at this age thinking of going to college (in the US) to get a degree.
    I’m well taken care of by my husband and the education will be funded by his GI bill. I am ‘not’ financially secure personally (and this is my number one goal) but, having tried sales recently, I feel that that particular route is just not for me.
    I live in Las Vegas and will be here for a good many years it looks like – but I would like the option to travel at some future stage and teach English – the option currently (a lovely student locally has laid it all out for me) is to do my Associates with the local community college then move on to UNLV for the Bachelors. I see many online options are ‘not’ very well received/respected.
    My question is: I’ve read very mixed reports on UNLV – my local young student friend assures me that UNLV is ‘good enough’ to secure me work anywhere in the states and indeed the world, but, I’ve also read that outside of Nevada, a degree from UNLV would ‘not’ serve me well at all. What would ‘you’ recommend Byron. I’m a tad clueless with the education world over here – I am originally from the UK so that may help explain my confusion.
    My two dilemmas if you will, do I follow the ‘local’ route and get my degree here in Las Vegas? A part of me feels that I’ve waited this long, I would love to get a degree from a ‘respected’ college. And if the cost is covered, that aspect is not in issue.
    And, starting out at 52, do you think this is wise? I really value your opinion. My feeling is that I don’t have any fabulous job options at the moment and though I’d be starting very late with teaching (understatement I know), I should (all being well) have a good 15 years left in me – and I will add, I do take care of myself and don’t quite look like the proverbial ‘old hag’ yet! So the plan is to be able to work, do something good/useful and ‘save’…
    Okay, that ended up being way too long – my apologies – I would’ve post elsewhere or PM’d you Byron but I couldn’t see where I could do that…
    Thank you (in anticipation) and warmest wishes to you,
    JK

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    1. Hi, Jessica. Thank you very much for the kind words about the book. I’m glad you enjoyed it. I’m going to send you a personal email to discuss this, but I do want to say, “Good for you!” I’m all in favor of getting an education, and I congratulate you on not letting age limit or define what you can or cannot do. Bravo! – BGT

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      1. I just wanted to send a heartfelt thanks Byron for taking the time to forward me such a thoughtful (and very helpful) reply; I appreciate it very much indeed!
        With warmest wishes to you,
        JK

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    1. Hi Lisa, I’m sorry, I don’t know of any, and I think there are reasons for this. First, OMGs don’t often have their houses photographed. Second, I’m not sure there’s much ‘style’ to it: most of the furnishings are traditional, low-key, inherited, and often worn. The Madison Avenue version might be Ralph Lauren’s interior design division, if you want to look at those photos online. Another more accurate visual approximation would be to search Google images for rural villas in Italy and chateaux in France that families still live in. Old furniture, old rugs, old paintings, well done. If you’re decorating your own place and need some direction, I’d be happy to offer whatever advice I could via email (byrontully at gmail.com) Again, sorry. Was this any help? – BGT

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  6. Thank you for the feedback. I will take my additional questions offline and to your email address, thank you for sharing with me. I appreciate the explanation as to why I do not see images online…

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  7. Hi Byron, Iโ€™d like you respond to my email, please. There are private thing I want write about and as it goesโ€ฆ. โ€œTo me indeed all things seem more praiseworthy which are done without ostentation and without public witness.โ€
    Many thanks,
    M

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  8. Hi Byron,
    I love your book! It’s one of the few that I highly recommend to my friends. It is one of my top 3 or 4 personal development books. Another one I liked that you may enjoy is Miss Minamalist. Thank you so much for taking the time to write this book since it really taught me a lot about money management in America. I’m a first generation immigrant.
    I have a question to ask you. Since I think that the principles in your book are so valuable to people, if I were to start a company and reference your concepts (giving you credit) would you object? We could also figure out how to compensate you. I think your advice should be shared with people to end a lot of the problems, especially since overconsumption is killing the planet, but I don’t want to offend you and risk plagurism. Unfortunately, the majority of people that need this book don’t read for fun.
    Once again, thanks for everything you’re doing. I can’t wait to read your book on marriage ๐Ÿ™‚
    Regards,
    Meena L. Syed

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    1. Hello, Meena, and thank you for the very kind words about the book. I’m very happy that you’ve benefited from it, and I’m honored that you recommend it to your friends. I’m going to respond to your inquiry via personal email. Thanks again – BGT

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  9. Hello! I have read your e books & love reading your blog! I am a stay at home mom of two children (ages 5 and 3 1/2), and I was wondering if you could go into more detail about child rearing and family dynamics? I would love to hear more about OMG family traditions, family vacations, beliefs around early childhood activities and toys, TV use, etc.

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    1. Thank you for your kind words. I’m glad you enjoy the book and the blog. I’ll endeavor to address these issues in coming posts. If anyone has any childhood memories or contributions (Amy?) please feel free to mention. – BGT

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  10. Dear Byron,
    thanks a lot for your book. I really enjoyed reading it. Have already purchased some more resources that you had recommended. Getting back to your book, I would say that one maybe, just maybe one phrase quintessentially says it all: “Less is more. Less is more. Less is more. This is not a typographical error.”
    All the best,
    Olga.

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  11. Byron, I have gone through The Old Money Book multiple times now and found new ideas and perspectives upon each reading. It’s a fantastic book and I recommended it to friends already, a true eye opener.

    One topic that wasn’t covered in depth was how is the old money typically raising children to become productive members of society while growing up with the proverbial silver spoon in their mouth. I am concerned about my own family when reading that 70% of family wealth typically evaporates after just two generations (see http://time.com/money/3925308/rich-families-lose-wealth/). What do so many newly rich families get so wrong about raising their kids? What does the old money do to preserve wealth over half a dozen and more generations? What key lessons and values does the old money usually teach their kids that the middle class doesn’t?

    Maybe this topic would be broad and important enough to warrant a whole “The Old Money’s Guide to Raising Children” book?

    P.S. Due to the lack of tangible substance “Rich Dad Poor Dad” is a complete failure on this topic in my opinion.

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    1. Hi David, thank you for your kind words about the book and for recommending it to your friends. Even though I briefly cover the subject of raising children in “The Old Money Guide To Marriage”, I am reluctant to write about the subject in depth. The reason is that I don’t have any children, and I’m reluctant to be an ‘armchair quarterback’ on the subject.

      That said, Old Money families do have some common practices that I think warrant mentioning. First, there’s love. When you marry and have children that you’ve (probably) planned for and prepared for (as much as is possible), you welcome them into your life and love them. When you develop that bond, it’s possible to guide, educate, and inspire them to live fully, do well, and be good people. If you don’t love them, it’s tough sledding all around.

      Second, there’s discipline and structure. Children need boundaries and definition, even if they don’t always welcome them. This has to start early and be maintained. It’s work, but it’s an investment that pays off. I’m not talking about squashing a child’s natural joy and curiosity, but it is necessary for them to learn manners and understand that they’re part of a family unit and a larger social structure.

      Third, there’s education. This starts at home with reading to a child, limiting the TV and internet time, and exposing them to the vast wealth of knowledge that resides in libraries and museums. A lot of emphasis is put on private schools, but the priorities set at home may be an even larger influence on a child’s educational development than getting into Choate.

      Those are the fundamentals. The reasons New Money drops the ball are legion. As I’ve said before, New Money parents may be so focused on giving their children what they never had that they forget to give their children what they did have: namely, a challenge, motivation, and an opportunity to success and fail. It’s also important that the parents get a firm grip and new perspective on what role money plays in the life of the family. You have to know what money can and can’t do for you. And you have to have a sense of who you are outside your financial net worth. Tricky business when you’ve gone from rags to riches, or, more likely, working class to rich in a matter of just a few years.

      To preserve wealth, my opinion is that you’ve got to first drill into your children’s heads the Core Values I detail in The Old Money Book. Not a delicate way to put it, but perhaps the imagery will help with the execution. (Wink, nod.) Second, you’ve got to structure you finances with wills, trusts, insurance, etc. to ensure the smooth transfer of wealth from one generation to the next (minimizing taxes and family feuds is key). Third, you’ve got to clearly articulate, while you are alive and healthy, what you expect your heirs to do with the money once you’re gone. That is, they are to preserve it and make it grow in order to provide security, health, education, and opportunity for themselves and generations to come. This is the long view, and they need to adopt it early on. Finally, it helps to have a CPA, family attorney, and perhaps an investment advisor who can ‘circle the wagons’ when the time comes and keep things on an even keel.

      I hope this provides an overview of Old Money’s attitudes and protocols for the preservation of family wealth. It’s been suggested that I provide a consulting service for New Money, but I’m sure I’d get too angry when I gave advice and people didn’t listen.

      So I’ll just stick to writing.

      Thanks again. – BGT

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      1. Wow, I feel humbled by the depth of your response. Even though you start with the disclaimer you don’t want to go into too much depth, quite an understatement ๐Ÿ™‚ All your points (‘the three fundamentals’) are spot in my opinion, and yes I’ve just read TOMB for the 2nd time and I find myself in Eureka moments once again. I plan on re-reading it every 2-3 years as the kids grow so I can start feeding them the lesson.

        P.S. Maybe you want to consider taking your above response and turning it into a blog post, I think others might find it valuable as well.

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  12. Loved your book. Never realized that I was taught to be an OMG growing up with parents who were well bred, gentile educators. Your book lays the roadmap for those who have not been blessed with Old Money Parents.

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  13. Really great website and a very well-written book with down-to-earth, practical advice; I enjoyed it thoroughly. I did grow up poor, but it took me years to realize “living wealthy” has less to do with money and more to do with “living well.” I think those who are poorer and come into money fail to see the distinction, and the majority of people are definitely not prepared for a sudden jolt in social mobility (e.g. lottery winners, trust funds, etc). But the mindset is something that can be practiced regardless of wealth.

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