January 30th 10pm

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Team Member Blog January 26, 2019

Tawnya here, and my grandpa turns 90 years old in a few days. Honestly, I can’t believe that he’s 90, and neither would you if you met him.

Even at 90 years old, both he and my grandma are fully independent, drive, still have all their faculties (mostly anyway ?), and routinely go places and do things.

Money Lessons Learned From My 90-Year-Old Grandpa

My grandparents have been a huge part of my life and continue to be. In fact, I learned a lot about money from them. Both grew up in poverty and were able to build a comfortable middle class life, the benefits of which I’ve enjoyed on my own journey.

The Reason Many Ultrarich People Aren’t Satisfied With Their Wealth
Joe Pinsker  Dec 4, 2018

At a certain point, another million dollars doesn’t make anything newly affordable. That’s when other motivations take over.

As the number of millionaires and billionaires in the world climbs ever higher, there are a growing number of people who possess more money than they could ever reasonably spend on even the lushest goods.

But at a certain level of wealth, the next million isn’t going to suddenly revolutionize their lifestyle. What drives people, once they’ve reached that point, to keep pursuing more? 

Re-posted for our newest members

From Virginia Gentleman  VELOCITY OF MONEY

I know I don't have to state the obvious...GO HAVE FUN WITH SOME OF YOUR NEW FOUND WEALTH. However, I would like to pass on some words of wisdom.

As we get ready to punch it in, please remember to act like you've been in the End Zone before. Take a deep breath and exhale slowly as you collect yourself with the full intentions of acting with class and integrity.

Respectful treatment of others will be an inherent responsibility of your new status, as well as respectful treatment of your money and assets. You owe this to yourself, your family, your neighbors, and your heirs.

Don't hoard it, and on the other hand, don't waste it or give it all away. Save, invest, and spend wisely.