12 Unrecognizable Signs of Wealth
12 Unrecognizable Signs of Wealth
October 20, 2023 By Jordan Rosenfeld
You may think you can spot the signs of wealth at a glance — surely just look for the designer clothing and purses, yachts, fancy cars, gigantic mansions and diamonds dripping from fingers, right? Not necessarily.
In fact, there are many signs of wealth you wouldn’t notice or think to look for, and some that are actually quite hidden. Experts explain what some of these unrecognizable signs of wealth actually are.
Stress-Free Living
Real wealth isn’t just about having a fat bank account; it’s about feeling secure and stress-free about money, according to Jeff Rose, a CFP and founder of Good Financial Cents.
“Think about it: a whopping 72% of Americans, in a Charles Schwab survey, said that being wealthy means having peace of mind,” Rose said. “So, it’s less about how much you’ve got and more about feeling good about where you stand financially.”
Wealth can bring a certain kind of mental and emotional freedom that others just don’t have, and that’s not something you can see necessarily by looking at a person.
Generosity and Philanthropy
Many affluent individuals are deeply involved in philanthropy, Rose pointed out.
“The Giving USA report highlighted that in 2022, Americans gave over $499 billion to charity, with a significant chunk coming from the ultra-wealthy.”
This also might not be something wealthy people talk about-they may just do it quietly.
Valuing Experiences Over Things
The wealthy often prioritize experiences over material possessions because they have everything that money can buy.
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