This is the second in a series about growing up in an Old Money home. The contributors remain anonymous. My mother’s side started one of the top ten banks and my father’s side consists mainly of financiers and business owners, but 200+ years ago we were politicians. We have at some point in time also … More Old Money: In Their Own Words – Part 2
As you all know, this blog is about the values, priorities, and habits of Old Money. Obviously, these posts are from my perspective and based largely on my experience. That being said, I thought it might be helpful to include comments from others who grew up in an Old Money home. There are some real … More Old Money: In Their Own Words
I’m accustomed to getting odd looks and the occasional remark about paying cash for everything. In a society where people use a debit card or credit card to pay for anything, even a two dollar cup of coffee, cash can seem like a relic from the past. A few people I know don’t even carry … More Why I Pay Cash
I know very few people who can honestly say that they don’t care what they wear. There’s the occasional professor, who’s perpetually preoccupied with higher thoughts; the farmer, who toils in the soil all day and simply needs clothes to cover his skin and not impede his movements; a scientist in the jungle, who simply … More Why We Dress The Way We Do…No, Really
If you’ve followed this blog at all, or if you’ve read The Old Money Book, you know how I feel about rampant consumerism. Aside from the obvious effect of crippling many Americans financially, it’s also eroding our personal relationships. I feel that many people have substituted shopping for having real interests like reading, travel, mentoring, … More Black Friday Alternative
Last week I visited the house of an OMG (Old Money Gal). She was dressed simply and elegantly in a Chanel suit that I know for a fact she bought at least twenty years ago. (She’d just returned from a charity lunch). Half the old furniture in the living room was upholstered in luxurious fabrics … More Old Money: The Great Pretender
You may have already felt it and been unable to put your finger on it. Or you may have felt it and knew exactly what it was. You probably feel powerless to do anything about it, even as it impacts your life, and the lives of those you care about enormously. It’s inflation. It’s your … More Old Money and Inflation
Every six months or so, I venture into my closets and drawers in order to consider the fate of clothing items that I haven’t worn recently. There aren’t many, as I purchase for the long haul, avoid trends, and try to take care of my investment (and I do consider clothing an investment.) But even … More Travel vs. Things: Where Old Money Spends It
You hear it everywhere: young people graduating from college today face a harsh economic climate–an anemic job market, expensive food and housing, and often mortgage-sized student loans to repay. What you don’t hear much about is a realistic plan to address the situation and become financially independent by the age of 30 anyway. In The … More How To Be Financially Independent by the Age of 30