As off as some of his points may be, this one caught my eye:
Don't worry about being embarrassed [about what you own]
I have always said this, and it may not be 100% correct, but:
The rich don't need to buy things to impress the circle they live in. They are already rich and don't need to prove it to anyone. Wasting money trying to "keep up with the Jones'" is, oddly, a sure way to lose money in the end.
Ironically I have neighbours that have every toy under the sun - boats, motorhomes, 4 cars of varying sizes, indoor gym, hot tub, 4 storey house, expensive bicycles - the list goes on.
The irony is that their last name is actually Jones.
Don't worry about being embarrassed [about what you own]
I have always said this, and it may not be 100% correct, but:
The rich don't need to buy things to impress the circle they live in. They are already rich and don't need to prove it to anyone. Wasting money trying to "keep up with the Jones'" is, oddly, a sure way to lose money in the end.