Episode 273 – You may or may not be wealthy, but realize that either way, your attitudes and behavior send an implicit message.

Hello this is Bill Rainaldi, with another edition of Security Mutual’s SML Planning Minute. In today’s episode, how to act like a wealthy person.

There’s a saying: The way to become what you want to be is to act like you’re already there. In other words, fake it until you make it. With that in mind, a recent article suggests some ideas on how you might be able to feel like you’re a wealthy person, even if you’re not.

A note of caution here. These ideas are not going to make you wealthy. But they may give you some insight on how the other half lives.

The article, by Bryce Sanders for Think Advisor Magazine[1], took a tongue-in-cheek approach to acting like a big shot. Some of these ideas may cost you money. Others are simply suggestions on etiquette that wealthy people tend to observe more than the rest of us. Among them:

In conversation, allow the other person to speak. As the author says, “In polite society you wait until the other person has made a point.” And wait an extra second or two to be sure.

And we’ll add one of our own. When you meet someone new, make an effort to learn and remember their name. This is trickier than it seems. Often when someone says, “I’ve forgotten your name,” what they really mean is that they never learned it in the first place.

The point here is that these are some of the ways wealthy people tend to act. Maybe you’re one of them, maybe not. Either way, a subtle, unspoken message can go a long way with them.  Very often people judge you by the way you treat them, or by the way they see you treating others.

[1] Sanders, Bryce. “12 Ways to Act Wealthy.” Thinkadvisor.com. https://www.thinkadvisor.com/2023/12/18/12-ways-to-act-wealthy/?printer-friendly (accessed Feb. 20, 2024)

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