I read a great article from Free Money Finance on the things he learned about how rich people handle money while working as a financial adviser to ultra-wealthy clients. Basically the things you learn from The Millionaire Next Door hold true. The wealthy people he met didn’t tend to drive fancy cars or wear expensive clothes. He also found that they were very nice people who were involved in their churches and their communities, not the evil, arrogant, elitist folks the stereotypes would have you believe. Check out the full article here.
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Disclaimer: This blog is not meant to give financial planning or tax advice. It gives general information on investment strategy, picking stocks, and generally managing money to build wealth. It is not a solicitation to buy or sell stocks or any security. Financial planning advice should be sought from a certified financial planner, which the author is not. Tax advice should be sought from a CPA. All investments involve risk and the reader as urged to consider risks carefully and seek the advice of experts if needed before investing.
