Who can call themselves old money and
what does it actually mean to be old money?
Well, my dear elegant ladies,
let's find out in today's video. Now let's dive straight into point number one.
And first things first ladies, to be classified as old money,
you actually have to have inherited your wealth for ideally
seven generations and old money is not something that us regular people can
become. So the only way to become old money is that unfortunately,
you have to be born into this. And I know that most of us are not.
So today's list is going to be just for fun to understand old money
a bit better, and also knowing how to identify this group.
Because there are definitely several misconceptions.
Some think that you can become old money just by dressing the parts or by
creating a similar lifestyle to them.
But old money is all about your family history.
It's about being born with a safety net aka finances,
and those finances are going to protect you in life.
But it's also about being born with a safety net that you are most likely going
to pass on to future generations.
And although there are many old money people who actually end up either losing
their fortune or finish their inheritance throughout their lifetime,
the majority tend not to.
And they actually rely on their inheritance to pass on for generations to come.
So this is actually a reason to why you might come across old money people who
actually live a very simple life without having high spending
habits, especially habits that we sometimes assume rich people have.
Now point number two,
the old money are definitely quite price conscious. And of course,
this goes a little bit hand in hand with what I just said because if you want to
pass on something, well you need to have something to pass on.
But what is really beneficial to the old money community is that just because
they know where they are coming from, they know they have the wealth,
they know they come from wealth.
They don't have a need to impress anyone or even validate their wealth
because they know they already have it, been there type of thing.
So they feel incredibly comfortable being economical if they have to,
or if they want to. Some of course are non-economical,
but I would say it's very common for old money to be economical. Because again,
that's how you end up having something to pass on to the future. Now,
if you hear an old money person complain how much something costs or
how expensive something is,
or let's say, I would never waste my money flying business class when
it's equally fine to fly economy, especially on such a short trip,
don't be surprised. This is a typical example of an old money mindset.
Some might even come across a little bit stingy,
but this doesn't mean that everyone is.
It's just that it is okay and even appropriate to think in those ways.
But just because we're talking about being economical,
doesn't mean now that the old money are gonna be buying the cheapest this,
the cheapest that, buy into fast fashion, going and buy their furniture at IKEA.
No, no, no, no, no. They are very cautious of quality.
They're not gonna do quantity ladies,
but quality is important and that's how they were raised.
They are going to spend a lot of money and they're going to make big purchases,
but only as long as it's worth the price.
Point number three,
now what's really positive about the old money and probably one of the reasons
to why they tend to have a better reputation than new money.
And this doesn't mean ladies, that old money is better than new money,
not at all. Nobody is better than the other one,
but I think good manners,
politeness and etiquette is definitely going to take a person far in life.
And this is something that has played a big role in the education of every old
money family. As an example,
children are taught dining etiquette at a very early age.
So when you are a grownup,
you never feel out of place in any environment with
any people because you feel
so confident that you know exactly what you're doing. This is not new to you.
And for us who don't have this background who maybe weren't educated in such way,
we unfortunately end up feeling insecure perhaps in certain social settings or
with certain people.
I, myself definitely felt out of place in the beginning
because I don't have that background.
So when I decided to level up,
I had to educate myself on these things and I'm actually sharing the things that
I learned in my workshop that you can attend for free. If you visit
Levelupsecret.com
And ladies, during this training,
those ladies who are interested in joining my finishing school where you learn
essential things like etiquette,
you are actually going to find out more information on how you can join my
finishing school inside this workshop. So don't miss. Number four,
self-confidence.
And I'm not saying now that they are confident in all areas of life. No,
but there are certain areas where they naturally have confidence because of the
reputable background,
because they know they have education and especially also higher education and
finer education sometimes. Overall,
they know that they have a high ranking in society.
And the truth is they know that they're never going to lose any of that
because you cannot lose your family history
and you cannot lose your upbringing.
And because you know these things,
you feel less insecure about the things that maybe us regular people would feel
insecure about.
When we feel insecure about fitting in or being new to a certain level of
lifestyle or to a certain group of people,
old money people don't always have these problems.
They also don't tend to have the same type of desire of proving themselves or
proving parts of their life to others because they really know who they are and
they know what they have, and they're comfortable with that.
So this brings an incredibly strong sense of self-confidence and
it does influence and directly impact a person's behavior,
a person's body language, a person's communication relationship, you name it.
So this becomes an incredible benefit for them in their lives because they could
just relax.
They don't need to worry that somebody's gonna look down on them or frown upon
them or think that, oh, what is this low level person doing here?
For regular people, we can have a sense of imposter syndrome, unfortunately,
and it's normal.
But the good thing is ladies is that you actually don't have to be born into an
old money family in order to escape these feelings because a big part of
my work and what I do is that I teach women how to feel more at ease in
upper circles and actually in any form of environments.
And that's what my signature course,
Secrets of the Elite Woman really does help you with.
Point number five.
Now the old money community definitely have a little bit of a similar
clothing style that we need to discuss. How do they dress?
They definitely tend to stick to a classic style ladies and they do avoid trends
to the most part.
Timeless is very important for them because they don't like to keep changing
their items, buying new things all the time.
They're very traditional in their mindset. So for them,
it's important that things are of high quality.
They last year after year and the style shouldn't feel easily outdated.
Now their hair makeup is oftentimes very neatly made.
They always look fresh, clean, and even polished.
You are not going to see them wear tacky clothes.
You're not going to see them wear inappropriate or even loud clothes,
especially clothes that scream. Ooh, I have money.
Their clothes is always non-branded,
even if they might be a designer label or not, it doesn't matter.
They are not really obsessed about designer items.
Maybe they have a few pieces here and there,
but it's not like their wardrobe is all Dolce & Gabbana,
Gucci and Louis Vuitton.
No, no, no, no.
They chase quality over trends, I guess.
And they invest in quality clothing. So it can be of some expensive brands,
of course, but it can also be a mid-range brands. Oftentimes,
actually they have unheard brands, unheard to the general population,
I'm saying. Many, also get their clothes sewn up just for them.
They get them tailored. So then the brand doesn't even matter for them.
It's more about at everything fits well,
have a good structure and will last them for years because their mindset is
that I'm gonna be wearing this for years to come
until the garment actually breaks.
Number six,
education plays an incredibly important part of the old money background.
And for them ladies, it is incredibly important to first of all,
go to the best schools because you have the best education there.
It is very important what kind of education someone has,
where they have studied, et cetera.
And this is something that they will definitely investigating. Let's say,
if you join their community, let's say if they get to know each other,
one of the things they really do talk about is where does your kids go to school
or where have they studied or where have you studied, et cetera.
The education is also the place where you meet like-minded people and
the network in the community of the people of your kind,
for the old money is incredibly important.
So that's also another reason to why they want to go to the finer schools
because they know that's where their own kind is gonna be.
And this actually takes us to the next point. Point number seven,
their community.
Because old money are really tight with their own community.
It's almost like they have a little bit of us against them type of mentality,
which is not always a nice thing to have I think. For this reason, ladies,
I do think that that's why they have earned a little bit of reputation of
being snobbish.
One thing not to confuse with old money is that they're always going to be very
polite, are never rude. And that's also very important in their education.
They're raised to be polite to service staff,
to anyone of any social class.
But the underlying thing is that they do stick together and they
do tend to stay within their own circle.
They end up marrying kind of their own kinds and it is hard sometimes as
an outsider to get into that because it's so important,
the background for them. Because it's almost part of history for them.
Another good example,
the people you have studied with in school are usually the same people that
you're gonna remain friends with for the rest of your life.
There isn't too much newcomers coming in and people leaving and so on.
No, the communities tend to be small.
Everybody tend to know everyone or kind of heard of who is who and so on.
And this is of course common in all kinds of different communities,
not just with old money. But I want you to be aware that if let's say,
you are interested in joining this community,
it might be difficult sometimes because of this mentality
sticking together and being a little bit cautious of newcomers.
Number eight,
being discreet and being laid back in their approach is quite a common trait
for the old money. As an example, they don't talk about their wealth.
They don't advertise it and they would never say,
or even call themselves old money.
Like you will never hear someone of the old money community say, yeah, you know,
I'm old money. Yeah. I belong to the old money community. No,
this is not something anyone talks about. But of course,
people do know who's who. They know that, okay,
this person comes from an old money background. This person is another type.
They might communicate that they are old money,
but through silent communication, not to really prove a point,
but more to communicate to other people within their groups so that they can
kind of recognize each other, I guess. But overall, they are discreet.
And we can definitely see the it as an example in the way they dress.
So they don't want to show off. They don't want to prove any points.
They just want to do their thing,
exist in society without having too many eyes on them.
Number nine.
Now inheriting wealth is not only a key element for the old money,
but also inheriting other things such as family heirloom,
antiques, and maybe antique furniture too. So as you know,
while many of us, regular people,
we probably have more of the mindset of having this kind of short-term purchase.
Maybe we are a little bit part of the throwaway culture where we always want
something new and something fresh.
That's the thing with old money is that they have the complete opposite mindset
because their focus is to have something to pass on to
generations. So let's take your home as an example.
So regular people will definitely redecorate their homes every so
and so years let's say, but the old money, they don't really do that.
I don't know if you ever notice, but the old money homes,
they always kind of look the same and they always stay looking the same year
after year generation, after generation. It's like, okay,
centuries have passed now, you have still exactly the same furniture,
which is something they take pride in because they invest in history.
They invest in craftmanship, they invest in antiques, et cetera.
They will of course modernize parts of their homes.
But the furniture really tend to stay the same because after all,
you're not gonna throw away furniture from the 17th century, just like that.
And there is this sense of honor to have something to pass on and have family
heirlooms in the family. It almost like it's part of their rituals,
their culture, and a little bit of their tradition in this community.
Now ladies, last but not least, point number 10. In the old money community,
they take culture, they take art,
they take history and literature very seriously.
And not at all as a thing for show or to gain status. No,
they have been educated to cultivate themselves to always be well read,
well-informed, well-educated.
And part of this is to regularly read books,
to visit museums, go to art exhibitions, perhaps,
maybe the theater or the ballet. Now in my next video,
10 things that tell you got class,
I am going to actually share the things that really does matter when you want to
show your true class, because class has nothing to do with money,
if you're born into money or how much money you have.
So make sure you watch that video. I will see you there.