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We’ve all heard of rags-to-riches stories and the concept that true wealth can be hidden behind a humble exterior.
Often overlooked, these examples demonstrate that unexpected riches are more common than you think, and they may even be closer than you realize!
Today’s article will take an in-depth look at what to look for when it comes to identifying signs of hidden wealth and how to maximize your potential for uncovering real goldmines.
Are you ready? Let’s find out how easy it is to spot riches in disguise!
1. Frugal
The wealthy have many options when it comes to buying what they want.
More often than not, if someone has money, they will say no to a purchase and not give in to spontaneous spending.
2. Eating Healthy
While health is important to most people, the wealthy can often be seen making more healthy options when they sit down for a meal.
From going out of their way to have fresh vegetables to portion control, those with money take the extra step towards healthy eating.
3. A Low Profile
If you are on a mission to look well-off, there is no need to have multiple pictures on social media.
A user indicates that the monied has no digital footprint. They claim that loaded people pay to keep information about them off the internet. Their cars are reliable and blend in nicely.
4. They Are Quiet
Well-to-do people have nothing to prove.
Somebody states that most are quiet about their money but never flinch around a bill. They’re choosy when picking friends.
5. Clean Tires
Do you run your tires down until they’re unsafe? That’s not wealthy people’s behavior. Someone with a real estate friend explains that they evaluate a prospective client’s money or credit by looking at their tires.
If the client has clean tires with good tread, the senior staff handles them as they are a good prospect. The new guys handle clients with dirty and almost bald tires, as getting them approved requires tons of footwork.
6. Expensive Hobbies
How much do your hobbies cost? Many say that the well-to-do have expensive hobbies, which they maintain casually. Some of their favorites are skiing, golfing, and sailing.
They always find a way to engage in such activities, even in areas where those hobbies aren’t readily accessible. For example, if you’ve been surfing in the Midwest since you were ten, you’re probably well-off.
7. They Don’t Wear Brands
Several thread contributors agree that moneyed people prefer clothes without any brand identification.
One adds that they knew a person from a newly wealthy family who would buy top brands and remove the tags. He didn’t want anyone to know what brand he wore.
8. They Look Homeless
Finally, a Beverly Hills worker reveals that on their first day, their boss told them that if a person comes in looking borderline homeless, they should help them immediately.
Those are the wealthy clients. They found this to be true. Loaded people downplay their wealth because they genuinely do not care. Do you have any other signs you could add to this list?
9. Their Reaction To Money-Related Emergencies
How do you react to an emergency that involves money? The things you worry about define your level of wealth. One person breaks down how poor people react when their bike is stolen.
It’s a big problem because it’s their primary method of transportation, which sustains their ability to work and make a living. In the eyes of well-to-do people, a bicycle is a fun way to get some exercise in, and they can replace it easily if gets stolen.
10. First Edition Books
A forum member replies that they had a loaded running buddy.
The old books on his bookcase were not for reading purposes. They were an investment and cost more than the electronics in his place.
11. Nothing Shakes Them
Being a calm and collected person has always been my goal. This is getting hard amidst the current economic times. I want to scream every time I’m at the grocery store.
Contrary to this, an individual writes that the wealthy have confidence, calmness, and a sense that everything will work out. They remember being around an opulent guy when he was hosting, and something broke.
He said, “….huh, oh well, I’m sure we have a guy for that.” My point? He did not spend any moment registering that as a problem.
12. Respectful Millionaire Attitude
Another responder suggests that people with old money are respectful to those around them. In elementary school, they were friends with a person from a family with old money.
His family and friends treated them with much respect despite them being from a low-income family. They did not try to stick out the fact that they were rich. In contrast, newly monied people are flashy and flaunt their wealth obnoxiously.
13. They Drive Average Cars
If you see someone with a high end car as their main ride, in most cases, they aren’t wealthy, but are trying to show off.
The majority of millionaires drive average cars, like Toyota’s and Honda’s.
They may have a high end sports car, but this is for fun on the weekends, not something they drive every day.
14. Small Circle of Friends
Most people with wealth keep a small, select circle of friends.
This is done mostly because of trust.
They want to keep the appearance of not being overly wealthy, so they only share this information with a select few.
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The good news is learning their habits is simple which means with a little effort, you too can become wealthy.
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By understanding their tactics, you can be better prepared to resist them and keep your hard-earned dollars in your wallet.
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How To Invest In Yourself
We all know we grow wealth by investing in the stock market or putting our money into savings accounts.
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It’s important to stop every once in a while and appreciate the things you have in life.
And with a different perspective, you may find you are far wealthier than you ever imagined.
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This thread inspired this post.
I have over 15 years experience in the financial services industry and 20 years investing in the stock market. I have both my undergrad and graduate degrees in Finance, and am FINRA Series 65 licensed and have a Certificate in Financial Planning.
Visit my About Me page to learn more about me and why I am your trusted personal finance expert.