Journalist Geoff Williams spoke with a entrepreneurs, psychologists, wealth managers–and me–last week about when (and how) parents should stop giving their children money. His logic in wanting to speak with me was straightforward: Old Money families obviously know something about how to handle this issue, or there wouldn’t be any money left. He had some … More The Huffington Post Talks Old Money
I recently received an email from a college student asking about the possibility of an internship, working in some capacity for me. The young man detailed a stellar academic record with an appropriate amount of modesty, and articulated his present career goals with clarity and candor. (He was aware that he might change his mind … More Old Money and The Intern
I received a phone call the other night from a friend who had just read The Old Money Book. She’s in her mid-20s and doing very well career-wise. She’s also living the life: nice new car, nice new clothes, out for drinks a couple of nights a week, and a long weekend to somewhere out … More Why Live Like Old Money?
Romance is great. Passion is wonderful. Falling in love is an incredible experience. Being in love and still married ten years later is a rarity. Discussion of divorce and marital bliss, the causes and the effects, the contributing factors and the unknowable variables, are a staple of conversation among academics heavy with research, astrologers quick … More Keeping It Together: Old Money & Marriage
It has been said that the only constant thing is change. And it’s true. After a few decades on the planet, anyone with half a brain can see trends emerge, generally slowly, and bear witness to life-altering events that occur in the blink of an eye. Americans have been blessed: our life-altering events tend to … More The Truth About Change
This past week, a very lucky person from South Carolina won $400 million in the national lottery. Unlike his (or her) predecessors, who have offered themselves up for public consumption via press conferences and television interviews, this lucky person has revealed themselves to also be, initially at least, quite astute: they have decided to claim … More The Lottery Winner’s Smartest Move
In the first section of The Old Money Book I talk about the Core Values of individuals and families who’ve had wealth and privilege for several generations. These values include health, education, and financial independence, among others. In the second part of the book, I detail How Old Money Does It. Here I discuss the … More There’s No Money in Old Money