Your life will never be the same once you become rich, and that's a proven fact.
Have you ever wondered why, some folks always talk spitefully of wealthy people?
Well, most of the time, it's because of the changes in their lives.
Some people often say; so and so has changed, they're no longer the same person.
And while this is often misinterpreted as pride, it may actually not be the case.
You don't expect a new millionaire to live as they used to, nor act the same way as they
always have.
The truth is, money changes people, sometimes for the better, and sometimes for the worse.
So, in today's video, we'll talk about things that are bound to change once you enter the
wealthy category.
1) Friends Most people say that they would never change
their friends.
I mean if you have known someone from kindergarten it's impossible to even entertain the thought.
But this is what happens.
Over time, especially through your process of building wealth, you will have less time
for building relationships as your focus will be solely on establishing yourself.
You won't have time to hang out with your so-called friends, and over time, you will
discover you have less and less in common.
This becomes more prevalent when you get your breakthrough and become wealthy.
You will realise you no longer have the same goals or even problems, thus you will slowly
gravitate towards other rich people with whom you share common ground.
And while you may still hang out with your friends, every the dynamics of your relationship
will never be the same.
Over time your new friends will take over.
2.
Vacations This one is pretty obvious, right?
Once you are incredibly wealthy, the world becomes your playground.
You will now have a broader range of options for destinations since, money is no longer
a problem.
You won't need to create a limited travel budget as you may have in the past.
Instead of making vacation plans three to six months in advance, you can decide to go
anywhere at any given time.
Paris?
Check, Milan?
Check, Bora Bora?
Check.
You can literally go anywhere without thinking twice about it.
3.
You Won't Really Care Let me explain this clearly.
Growing up with little money, forces one to always seek approval from others.
If you meet someone you like, you will probably ask your close friends or family members what
they think about them.
This is what we call social validation.
It's something most of us are conditioned to do.
At work you will be forced to seek validation from your supervisor, just so you can feel
some sense of achievement.
When your boss or supervisor doesn't recognize your achievement, we somehow feel like a failure.
However, this isn't the case when you become self-sufficient, independent and wealthy.
Once you get there, you automatically stop caring about what others think, nor care much
about their opinion on how you live your life.
The most probable cause is when you get rich, many people will start sucking it up to you,
and it's likely that you won't need to impress anyone anymore.
4.
Goals When you're wealthy, your goals are totally
different from the average person.
For instance, your goal as a not so financially stable person would be to; save enough money
for a house deposit or save enough money for your children's university.
When you become rich your goals change.
The narrative of being successful changes.
Instead of saving enough money for your house deposit, you'll be looking for suitable locations
to buy more houses, or even investing in multi-family units.
Having a million dollars in the bank would be a normalcy, something that used to be a
big deal in the past.
Many millionaires shift from money goals and become more interested in creating generational
wealth, significance, building influence and even making a difference in order to leave
a legacy on earth.
5.
Your Assets and Property This is quite obvious.
When you step into the millionaire sphere, you will upgrade your house, car, furniture,
and you will probably own your own companies.
You will have a diversified portfolio with different assets such as stocks, bonds and
you will probably also invest in multiple startups which have high returns.
6.
Everyone will want You Have you ever wondered how life would be like
as a hot young blonde?
Well, once you are rich, you will know exactly how it feels.
Everyone will want to be around your presence.
It will be as though you emit some form of human magnetic attraction.
Even Jay Z once said, "there's no such thing as an ugly billionaire".
Women and men will flirt with you and will want to be you.
All your flaws will seem to disappear in front of their eyes.
You will become a semi-god, and you will start noticing people treating you differently.
Sometimes all this attention may not be good, as you could attract some people with ill
intentions.
Once you achieve a certain degree of wealth, its almost inevitable to not get sued.
Tell me of one billionaire who hasn't had a law suit against them.
So, if you are planning on being extremely wealthy, well get used to this being your
new reality!
7.
Taxes The tax man will visit you a lot more than
they did when you were not so financially ok.
It's not just your friends, family and crude lawyers who will be after your money!
Once you are wealthy, it's obvious your tax returns will increase.
No one likes taxes.
If you're earning say 40k a year, you will obviously be bummed about that 8 grand that's
deducted from your paycheck.
Now can you picture a whole 8 million?
As your earnings increase, so do your taxes.
When you get to the point of paying millions in taxes, you will obviously be very interested
in finding ways of paying less.
This is why rich people have personal accountants; the price you pay for a CPA, could be worth
millions.
8.
What You Consume Now that you can afford more than ramen noodles
and tuna, your palette will definitely change.
You will be more open to new options, particularly healthier ones.
Your food life will revolve around organic this, and organic that.
You will realise there's a lot more to life than KFC fried chicken, and Taco Bell's nachos.
Also, you will spend less time in the kitchen and ordering takeouts since chances are, you
will have a full-time chef.
So, good bye Subway and hello, five-star cuisines.
9.
Things That Make You Happy Does money buy happiness?
The answer is yes and no.
Money can help you buy things that could potentially make you smile… like a trip to the Maldives,
a beautiful wedding, and so on... you get the lingo.
But as you get richer, the things that would make you happy tend to change, and you begin
to realize, money can't buy them.
For instance, when you don't have a lot of money, you probably don't have many experiences,
so your first time in a lambo would be an OMG moment!
A pool in someone's back yard is quite a big deal too!
When you are wealthy and have had all these experiences, they don't mean much anymore.
What you will find most valuable are things that you probably took for granted when you
were not so wealthy.
This includes things like family time, great health and authentic friendships.
10.
Leaving A Legacy When you are poor, your focus is on making
enough money to fund your next meal, or to pay off that loan or make rent, right?
When you are wealthy, these things are no longer a problem.
Your focus shifts, and you realize you won't live forever.
Your mortality status kicks in, and you will start questioning how people will remember
you once you are gone.
Instead of leaving a whole lot of wealth for your children and grandkids to blow, you start
thinking of building foundations and leaving a legacy for your family name.
This is why most wealthy people are quite philanthropic, and have published books of
their life stories.
They just don't want to die and be remembered as that rich man or rich woman, but they want
to leave behind a name that will last years after they are six feet under.
This is why you will find many wealthy people have built hospitals, charities, parks and
even universities.
11.
Out of Touch with Reality When you are wealthy, chances are you are
not familiar with what happens within the rest of society.
You will be so wrapped up in your new life, and with your new status, that you won't be
familiar with the happenings of the rest of the world.
Remember, we also mentioned you will lose many friends most of which are not in your
income bracket.
You will have no contact with people within the middle or lower classes, which will eventually
lead you to be out of touch with reality.
It's a big problem that the wealthy face.
Even in the sitcom; Arrested Development, there was once a wealthy man who asked his
son, "you want a banana?"
The son responded, "How much will it be?
Ten dollars?"
This just highlights what happens when you become wealthy.
You will probably no longer shop for yourself, and you won't have a clue as to what basic
things cost.
As a result, most rich people aren't particularly popular in societies.
They at times get the cold shoulder and are labelled as "stuck up" due to their ignorance
of reality.
So the point here is, it's of key importance for one not to lose touch with reality.
12.
Less Time Most people think wealthy people have all
the time in the world.
I mean, they have all sorts of workers, have access to all services and have managers to
run their businesses.
It's easy to believe that when you consider all the support they receive.
But, in reality, the truth could not be further, they actually have less time.
You will be surprised to find out that they have full schedules booked months in advance.
Most wealthy people know where they are supposed to be over the next 30 days.
They have it all planned out in their calendars.
To wealthy people, time is everything.
While it may be hard to make your first few millions, maintaining the growth and your
acquired wealth maybe even harder.
It takes a lot of time and effort to maintain wealth and build more.
For example, Taylor Swift once mentioned she had booked tours for the next two years.
She had a full two-year schedule booked in advance!
To be wealthy and maintain that wealth, you must be willing to sacrifice that free time
and put in hours of work.
This is because it's much easier to lose wealth than to build it.
You will no longer have a lot of free time.
I guess that's why they say, if you want to know if someone is wealthy, to see them, you
have to make an appointment through their PA.
13.
Your reputation becomes everything When you are wealthy, your reputation becomes
one of the most important things in your life.
In the past, you would have been ok with posting a drunk image of yourself on social media,
but when you are extremely rich, you probably won't do that.
Once you have achieved a certain level of success, reputation becomes a whole lot more
critical than it was before.
The image becomes everything, and you will only show the world what won't tarnish your
brand.
The reason behind this is when you are wealthy, you probably have partners, and your way of
making money or your companies are linked to you.
Once your reputation is tarnished, you may lose your connections, partners and many people
won't want to be associated with you.
This is why rich people protect their brands at all costs, and will even go the extra mile
to hire PR agents.
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