After a few too many scotches the other night, a group of friends (OMGs one and all, some by birth, others by choice) drafted a list of the things they’d like to whisper to the newly minted rich but are too polite to do so. Which leaves it up to me. Not unlike a strong … More What Old Money Wants New Money To Know
I’ve been lucky enough to have witnessed several rags-to-riches and, well, penny loafers-to-riches stories in recent years. Friends and colleagues have worked hard and done well, and I couldn’t be happier for them. Unfortunately, and sometimes shockingly, some of their other friends and family members have not been happy to see their success. And, to … More The Cold Reality Old Money Knows Only Too Well
I recently came across an article in the Economic Policy Journal that details how New Money turns into Old Money. The fundamentals are the fundamentals. There are no shortcuts, no magic, and very little mystery, but it never hurts to review them again. – BGT