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11 Common Fears Of Rich People by emerged01(m): 1:22pm On Aug 19, 2015
Many people are always talking about
the struggles of living with financial
issues. If anyone wealthy were ever to
talk about their problems, they’re
usually labeled as “first world
problems.” However, rich people do
suffer from legitimate problems like
“normal” people. As the old saying goes,
being rich doesn’t mean all your worries
and problems will go away. Money
doesn’t buy happiness after all, right?
With that being said, here are eleven of
the most common worries of financially
successful people.

1. Will my friends and family ask me
for money?

Of all the rich people I’ve met, one
common worry I hear is that they are
always getting asked for “loans” and
investments from family members and
friends. It’s a common belief that once
you reach the top, people at the bottom
want a hand up themselves. While it’s
great to help people you’re close with, it
can all add up financially. Before you
know it, you’ve essentially given away a
good chunk of your wealth. One friend I
know admitted that he’s “loaned”
millions of dollars to friends and family
in the past couple years!

2. Does my spouse really love me?

Although a recent study argues against
the fact that it even exists, the
stereotype of the “gold digger” or
“trophy wife” has been around for quite
some time. For anyone that met their
loved ones before wealth, the worry is
most likely not there. However, for
those that found them after wealth, the
worry of whether your significant other
really loves you for you or your money
will linger.

3. Will I get sued?

In a series of surveys done by Prince &
Associates, less than 20% of people with
a net-worth of $1 million worry about
being sued. However, over 80% of
people worth $20 million or more worry
about getting sued . Mark Cuban even
mentions on Shark Tank how he will
turn down deals to invest if there’s even
the slightest chance of him potentially
getting sued.

4. Will I have enough money for the
future?

According to a recent survey by Lincoln
Financial Group, 48% of millionaires
admit that they worry about having
enough money to live out their rest of
their years comfortably. Obviously, this
can fall into the realm of “first world
problems,” but when you get used to a
certain lifestyle that you’ve worked hard
for, it’s normal to worry about losing it
as you age.

5. Am I healthy enough?

In the same survey mentioned above,
54% of the millionaires worry about their
health in retirement. One of my poker
friends once told me that people tend to
worry about gaining financial stability
early on, but after they attain wealth,
the next thing to work on is health. This
makes perfect sense because after you
get rich, you’d want to make sure you
live long enough to enjoy all your wealth
right?

6. Does this person really just want to
be my friend?

The more successful and wealthy you
get, the more attention you attract.
Because of that, you’ll find it harder and
harder to meet “real” friends who just
want to know you for you. In the words
of The Playboy King of Instagram Dan
Bilzerian:
“…I’m kind of a no new friends
type of guy you know? So
everybody’s here like they’re
trying to get something and
everybody’s got a f*cking
business idea so I don’t really
listen to that shit. I’m not trying
to filter through any of that stuff
anymore. I do business with
people I know and I kind of leave
it at that. I don’t know, after you
reach a certain point, everybody
is trying to pitch you their idea…
You just got to shut it all off so I
don’t even pay attention to those
people.”

7. Am I being made a fool?

When you attain wealth, you’ll most
likely want to manage that money
properly. This is done by hiring people
to invest in portfolios for you and make
sure your money is being used properly.
However, how do you know the people
you hire are really making moves that
are 100% to your benefit? It’s hard to
keep track because managing all these
people you hire is a job on it’s own.
According to an article on Forbes:
“Managing a large fortune
composed of liquid and physical
assets, scattered in various
geographic locations, can be a
time-consuming task that’s
separate from the job of running
the business that generated the
wealth in the first place, says
Amy Braden, head of the Family
Wealth Center at J.P. Morgan
Private Bank in New York, which
serves clients who’ve amassed
fortunes worth more than $25
million.”
“There actually is work in
overseeing that,” she says.
“People might be surprised about
the extent to which wealth can be
a burden. It doesn’t take care of
itself and those who are wealthy
and have a sense of responsibility
about that wealth, take that
responsibility very seriously.”

8. Am I really happy with myself?

Although conventional wisdom states
that money isn’t the key to happiness,
it does indeed solve a lot of problems.
The allure to money is hard to resist for
any normal human being. Many look to
pursue it only to discover that their level
of happiness hasn’t changed compared
to when they didn’t have wealth. This
notion is supported by countless stories
of lottery winners who, only after
winning their fortune, discover that
wealth actually brought more sadness
and hurt into their lives.

9. Will someone steal my identity?

Data from studies done by Prince &
Associates revealed that 45% of middle-
class people fear getting their identities
stolen. However, 74% of those at the
highest level of wealth say they’re
concerned about this issue; some even
go as far as losing sleep over it. It is
certainly a valid worry that most
identity thieves target those with great
credit history.

10. Will my company be okay?

Anyone who’s attained a certain level of
wealth are most likely business owners
or manage some sort of a team. While
personal mistakes can be bad, those
same mistakes could cost your company
a lot and force you to lay off people.
Unless you’re a sociopath, taking
people’s jobs away when they have
families to feed doesn’t sit well on any
healthy conscience.

11. Will my children turn out to be
spoiled brats?

One of the hardest things about being
rich is keeping your kids grounded when
you have them. You need to teach them
the meaning of hard work and making it
on their own while living the great life
you’ve worked so hard to build for
yourself. According to Forbes:
“About 30% of those in the $1
million to $5 million bracket
worry about teaching their
children how to manage money.
That number doubles at the
highest tier. Balancing family and
business interests worried 23% of
those in the lower range and 60%
in the highest.”
“They are concerned that [their
children] be in control of the
money, rather than let the money
be in control of them,” says Jon
Gallo, co-author with his wife
Eileen Gallo of Silver Spoon Kids
and The Financially Responsible
Parent: 8 Steps To Raising
Successful, Generous,
Responsible Children.
Children in affluent families often
“have a tendency of confusing self
worth with net worth,” Gallo
says. “Parents don’t want kids to
grow up thinking that the
qualities of their friendships with
others are a function of the
brands of clothes they wear and
the cars they drive.”
People like David and Victoria Beckham
has done things like make their son take
a part-time job at a local coffeeshop in
order to stay grounded. Mark Cuban
also has explained in past interviews on
his efforts in making sure his children
don’t turn out to be spoiled brats.






http://nextshark.com/11-things-rich-people-worry-about/
Re: 11 Common Fears Of Rich People by Hawlahscho(m): 1:26pm On Aug 19, 2015
Re: 11 Common Fears Of Rich People by Teekrayne(m): 2:02pm On Aug 19, 2015
Sit on d fence. Refuse to be rich and to be poor. Iyen lo sure ju.
Re: 11 Common Fears Of Rich People by AbuMaryam1(m): 2:15pm On Aug 19, 2015
OP@ na this things the makes me slim.

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