![]() ![]() ![]() It’s hard to disagree with the overall sentiment.The book goes on to tell how Old Money reads to its children from their early ages, takes children to libraries and on field trips, invests in private education, teaches a love for reading, and plans for children’s educations even before they are born. But the value of education, and the actions that result from it, extends more deeply than that. This may be the most obvious core value, given the general public awareness of Old Money’s tendency to send its children to Harvard, Yale, and other such institutions. The second core value of Old Money is education. The book says the following about education: Being the correct weight is money in the bankĪnd of course Old Money agrees with my thoughts on smoking, proper nutrition, exercise, and alcohol shared in How to Save Money On Medical Costs.īTW, I wonder if Grey Poupon is healthy.Physical fitness and financial fitness are connected.There are tons of financial benefits associated with being healthy.Old Money realizes the following about good health: I won’t say it’s worth nothing since money can save you if it lets you purchase the right treatment, but I think you know what I mean. There’s no arguing with the fact that if you don’t have your health, all the money in the world is worth way less. I love that they refer to Old Money as “it.” LOL. It rarely smokes cigarettes and enjoys cigars and pipes in moderation, and almost never in public. You can have millions of dollars in the bank, but if you are not healthy, you are not truly wealthy. ![]() Here’s how the book summarizes this value: I’ll list each one, quote what the book says about it, then provide some commentary. We’ll start by covering the seven core values. The first are more geared for readers of this site, though the latter list is much more entertaining, as you’ll see in a moment. If you want a feel for what these people are like, here’s a video captured of them in their element:Īnyway, the book is about how these families live and manage money. Some of the more notable family names are Du Pont, Forbes, Astor, Rockefeller, and Griswold (not the family from Christmas Vacation). If you want a list of “Old Money” families to give some perspective, here’s a list from Wikipedia. In the United States, “Old Money” generally refers, but is not limited, to established families in the northeast of the country whose ancestors accumulated large amounts of money and then invested and spent it in a certain way. The term “Old Money” refers to individuals whose families have enjoyed wealth and privilege for three generations or more. The purpose of this book is to help people who want to live fuller, happier, and more productive lives do so by learning about and emulating the values, priorities. The book states its purpose in the introduction as follows: So I bought the book and want to share what I found in it. And who doesn’t like “secrets”? We all do, right? I’m all in favor of living large while spending less. “How to Live Better While Spending Less”.I liked the fact that it had two (not just one) subtitles. I’m not sure where I saw it, but someone I follow online mentioned that they were reading The Old Money Book and recommended it to others.Īlways on the lookout for a good money book, I went to my library’s website to see if they had it. ![]()
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