Personal Finance
Types of Money : Old, Sudden, Quiet, No
By Early Retirement SG  •  June 10, 2020
A fun post today, we talk about different types of people and money. And I'm going to talk about, people with Old money, New money, Quiet money, and No money... Old money is generational wealth. Typically, a kid is brought up in a rich household. Doesn't need to be super rich, but wealthy enough. And I find their behaviour depends on their parents. I know of rich kids who are nice and respectful, their parents teach them well, maybe their parents worked hard to get where they are and instill good values upon their children. However, I also hear of bratty rich kids who take things for granted cos their parents spoilt them when they were young. Sudden money is fairly obvious. They want to buy stuff, cos they never had stuff. This is typical of those stories we hear about the rich people in China who suddenly got rich. They never had all...
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By Early Retirement SG
Male, born in 1982. Graduated with a degree majoring in Banking & Finance, Financial Adviser for a period of time resulting in in-depth knowledge of insurance products and marketing techniques of the industry ...
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