1715: Stealth Wealth: Why This Millionaire Hides His Riches by Ramit Sethi of I Will Teach You to be Rich
Optimal Finance Daily - Financial Independence and Money Advice
00:00
The Social Benefits of Stealth Wealth
We embrace stealth wealth by driving average cars, living in a respectable and safe middle class neighborhood. We have an expectation that most people spend up to their income level. Even if you got wealthy unexpectedly, like lottery winners or people who inherited money, you're still faced with the same social pressures. Can you imagine what it's like for a lottery winner? Doctor ericson says, when i pull up in my o six shevy, people who know that i'm a doctor probably think something's not quite right. Personally, i don't care much what i drive, but ly, i'm supposed to.
Play episode from 01:57
Transcript
