Nice wordings that I’ve read recently…. the more money people have, the more social debt they tend to be burdened with. The author continues to say – It reminded me of what Naval once said: The best position to be in is Rich and Anonymous
Such fantastic statements…
More Money generally leads to More Social Debt (living/ playing/obligations fulfilling a downward spiral on wealth
So…. Be wealthy, but also be anonymous
Wealth needn’t be shown off
Other people don’t need to know about it
Ahh…. But 2 things surely show it off
Real Estate holdings (thankfully financial holdings are never known to people around us)
Our Lifestyle (wealth there or not, this shows)
If we have wealth & show it off, it’s a problem
If we don’t have wealth & try to show off, it’s a bigger problem
The former…..manageable
The latter…..disaster isn’t far