If you ever become rich there are five things you should do if you want to stay rich for the rest of your life. Money should be taken care of even if you are rich because your luck can suddenly change. Keep reading to discover the most important 5 tips.
If you ever become rich there are five things you should do if you want to stay rich for the rest of your life. Money should be taken care of even if you are rich because your luck can suddenly change. There are plenty of mistakes really common that you must try to avoid.
No one teaches you how to be rich, but there are some things you must avoid at any cost. All of them are in this article. Read on to find out the best tips!
In the first place let's talk about credit cards! Credit cards can be useful, depending on just how much money it is you want to spend and what companies you’re going with. However, if you get a few too many and get carried away, problems will arise. Credit cards are much easier for the rich to use because all you need to do is swipe away and you’re off to the races.
Don't advertise your new wealth! Avoid posting this kind of things on social media. Advertising your wealth isn’t just arrogant, but it’s also incredibly dangerous. If people are now aware of the fact that you either carry lots of money or have lots of it stored away somewhere, you could quite easily become a moving target.
Don't lend money to people! It doesn't matter if they are friends. They may have every single intention to pay you back really quickly, but that’s not really what this is about. It's about the principle that you shouldn’t lend money out for its own sake, and you shouldn’t be doing so because you believe it’ll make more people like you.
Don't buy a private jet! The primary issue with buying a private jet is that there are just so many expenses involved with maintaining it and keeping it running. If you only want to use it every so often then it feels like a giant waste of money, but if you want to have it feature regularly in your day-to-day life, there are so many things to consider. From ensuring it runs properly, to paying the pilot, to keeping it clean and tidy, we would instead suggest that going first class isn’t the worst idea in the world.
Finally, nobody is bulletproof and nobody is invincible. From a literal standpoint, a bullet will end your life regardless of who you are. From a less literal point of view, the same issues that impact poorer folks also impact the rich, too.