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No matter how much money you have, there is a risk of social comparison. It can cause people with money to do less than they could.
Instead, it would help if you asked what meaning a life of wealth should have. Our responsibility and opportunity are to make the world a better place.
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Michael Liersch, head of advice and growth strategies at Wells Fargo Private Bank, points out three questions to ask:
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When money is a barrier to connecting you with other people, it is a problem.
Our silence around money makes it more powerful than us. For example, if you are not invited to an event because your friend is afraid you want the expensive seats. The ability to talk about money can clear ...
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Most people start by listing the superficial trappings of living well - homes, cars, trips. But when people are allowed to think further, they realize they want those things with good friends, or good family relationships.
Considering what living well means guides your choices. It gets peo...
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Spending money to show people how much money you have is the fastest way to have less money.
We tend to judge wealth by what we see because that’s the information we have in front of us. But the truth is that wealth is what you don’t see. Rich is a current income. Nice cars...
People measure their self-worth by the size of their bank accounts.
1. Go out of your way to find humility when things are going right and forgiveness/compassion when they go wrong.
2. Less ego, more wealth.
3. Manage your money in a way that helps you sleep at night.
4. If you want to do bet...
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