Comments on: Living a Stealth Wealth Lifestyle

By: Joel

Joel — Fri, 06 Nov 2020 15:19:26 +0000

In reply to Dividend Power. Probably! And they're always trying to sell me more :)

By: Dividend Power

Dividend Power — Fri, 06 Nov 2020 14:07:29 +0000

People always treat you based on appearance and how you dress. That said, wealthy people are treated differently. But I also think that the banker treated you differently because you had a lot of products with them.

By: Joel

Joel — Fri, 06 Nov 2020 14:00:09 +0000

In reply to Jay Rigler. Yep - buying things just to appear wealthy often has a predictable outcome :)

By: Jay Rigler

Jay Rigler — Fri, 06 Nov 2020 13:37:26 +0000

Love this! Thanks for sharing.

Seems to me that one of the best ways to NOT have wealth is conspicuous consumption.

Keeping up with the Joneses often leads you to be broke… like the Joneses

By: Joel

Joel — Fri, 30 Oct 2020 13:33:13 +0000

In reply to Keeping it REAL. Wooohoo! Welcome! Actually, the original dude with Paula on the Podcast was J. Money... He's still involved on the backend of the site but as of about 6 months ago I started writing the new posts. Cheers for reading!

By: Keeping it REAL

Keeping it REAL — Fri, 30 Oct 2020 06:35:34 +0000

“If you were the last person left in the whole world, would you still buy and use this?”

That is a very powerful statement that really helps keeping yourself on track.

This is the first blogpost I read on your site after finding your site through your podcast with Paula. I like your energy. Thanks for bringing Sexy (budgets) Back! ;) I’m lovin’ it.

By: Joel

Joel — Thu, 29 Oct 2020 14:10:40 +0000

In reply to None.

That’s great to have your assets and stuff spread around and diversified. Next step, a Swiss bank account that nobody knows about! :)

I agree that FIRE is still being defined and most people have no clue what it is we do. That’s why we need to keep slowly spreading the word and leading by example.

By: Joel

Joel — Thu, 29 Oct 2020 14:06:47 +0000

In reply to mobilehomegurl. Lifestyle > stuff! This is music to my ears ;)

By: mobilehomegurl

mobilehomegurl — Thu, 29 Oct 2020 13:17:53 +0000

So true Joel!

It’s funny how some people treat you once they know how much money you have. Unfortunately, it’s just part of our culture. I see it all the time. Even with friends and family.

Being showy and flaunting money can definitely make people targets. This is one of the reasons why I continue the type of lifestyle that I have. To me, it’s not about money and stuff. It’s about lifestyle. Though, not everyone feels that way.

One of my past mentors once told me, “The key to being wealthy is to have no expenses and to increase your income.” So true! And this is from a very wealthy person. But you wouldn’t be able to tell as they too practiced stealth wealth.

Great reminder of what’s important in life. I enjoyed your story!

By: None

None — Wed, 28 Oct 2020 21:48:36 +0000

Only some good friends and our parents know our assets.
As far as it goed for the rest of the world…I dont think they have a clue what we do (FIRE) or what we have (Some real estate projects).
Dont really care about that.
Even our bank-guy doesnt really have a clue because we keep our money and our mortgages in seperate banks (thats pure coincidence btw, but I kinda like it this way now). So, when I go to our bank guy once a year to get some tax-papers, the dude always looks at me with a bit of a question mark in his eyes, because we have 3 or 4 mortgages and almost no money on that account Oh well, as long as everything gets paid in time I guess its ok for them.