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by cearl
4233 days ago
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Eh I definitely would agree with his point, everyone I know who has a net worth > 100 million USD is absolutely miserable. At that point I've noticed what those people want is a real human connection, which is impossible if others are aware of your wealth. |
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Family first. No matter what, your lasting real human connections are your family. If you have a clear policy for when and how you will help people out, this can go a lot smoother. My grandparents, for example; They will help with education and medical expenses directly -- which is to say you can ask for help if you need it without looking like an idiot. Otherwise, if they are interested in something you are doing or want to help out in some other way, they will offer. If they don't offer you don't ask. Some families have a more liberal policies that seem to work for them but my family is pretty large and everyone knows what everyone else is doing so this works for us.
Second, hang out with other wealthy people. If everyone has enough and are dealing with the same issues, they are less likely to focus on the money and more likely to focus on the person.
Third, there are people who are not wealthy that just don't care that much about money. If you find them and like them, keep them around (this is where things can get tricky).
I've found that most of these 'hangers on' problems are self made. A lot of wealthy people are busy and will pay to keep people they like in their life -- they are used to using money as a proxy for time and it starts bleeding into parts that maybe it shouldn't. That's when people's feelings get hurt, despite best intentions, and those real human connections evaporate, sometimes very painfully. But as long as people don't tiptoe around issues these things can be handled.