#wealth-and-loneliness

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#social-isolation #self-made-millionaires #social-judgment #real-estate-investing #frugality #peer-networks
Relationships
fromBusiness Insider
3 weeks ago

When millionaires lose friends, it's often chalked up to envy. The truth is more complicated.

Rapid increases in personal wealth can fracture friendships and family ties, producing social isolation for many self-made millionaires.
fromBusiness Insider
1 month ago

I struggled to make and keep friends as a millionaire. Now, I can only connect with other wealthy people.

I grew up in a modest household in Hawaii - first-gen, middle class. We were the kind of family where you're taught to save every penny and keep your head down. The kind where we never ordered soda on the rare occasion we actually went to a restaurant. I followed those values into adulthood. I earned an engineering degree, landed a W-2 job, lived frugally, and saved hard.
Real estate
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