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 was recently asked to comment privately about the pros and cons of living in Europe. My wife and I have lived in Paris for the past five years, and the Inquiring Mind wanted to know about the relative merits of the experience. After sharing the information privately, I thought it might be a good … More Why Live in Paris?
The following article appeared on the Ivy Style blog in 2008, during the pitch black months of the financial crisis. The blog’s founder, Christian Chensvold, promotes the ‘Ivy Style’ wardrobe and to a lesser extent its corresponding values. His article here is interesting: he makes the astute observation that the American economy is largely kept … More The Lost Money Look…10 Years On
In the slow, uneven evolution of society–the process of progress–a few visionaries, sometimes lead by a charismatic leader, bring an issue to the front of the social consciousness. It is often an injustice like slavery, women’s rights, workers’ rights, discrimination: some unequal or unfair situation that should be remedied. Lawmakers are moved to recognize this … More Old Money: A Different Approach
A few short years ago, I made the accidental acquaintance of an Indian businessman. He had read The Old Money Book and was eager to share his insights into what it means to enjoy true wealth: not just in monetary terms (he is certainly qualified to comment on that), but also in terms of living … More The Hindu Way To Wealth: Update
A recent round of ‘reply all’ emails among classmates of mine brought up a common issue: how to handle financial issues with aging parents. A couple of classmates who make up my ‘crew’ from 40-plus years ago in school are now are now addressing the inevitable and unenviable task of managing their parents money. The … More Parenting the Parents
Hi Byron, I read your post about Facebook and just wanted to drop a line. You had asked me to write something weeks ago, and I didn’t have anything on my mind at the time. I do now. I am in a privileged position: I am not required to have a social media presence in … More Old Money: In Their Own Words