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New Money: Staying Rich
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New money is like a newborn baby: it doesn't come with an instruction manual. You better learn how to deal with it, fast! Although they have a fiduciary duty, financial advisors should not care more about your money than you care about your money. And yes, your ''fun friends'' and family will view you as an endless ATM. You need to understand the difference between ''I truly need it'' and ''I'd really like it'' when dealing with those closest to you. New Money will help you understand when you're being an enabler. New Money: Staying Rich dispenses valuable advice, taken from first-hand experiences, to aspiring professional athletes, entrepreneurs, and anyone fortunate enough to be the beneficiary of rapid wealth. Learn from my errors; don't make the same mistakes I did. Have fun reading the entertaining and enlightening stories in the book, and learn how to live a sustainable life as a New Money Millionaire!

Paperback: 172 pages

Publisher: Two Harbors Press (March 31, 2015)

Language: English

ISBN-10: 1634131746

ISBN-13: 978-1634131742

Product Dimensions: 5.4 x 0.6 x 8.4 inches

Shipping Weight: 8.8 ounces (View shipping rates and policies)

Average Customer Review: 4.4 out of 5 stars  See all reviews (67 customer reviews)

Best Sellers Rank: #295,569 in Books (See Top 100 in Books) #75 in Books > Business & Money > Finance > Wealth Management #627 in Books > Business & Money > Personal Finance > Budgeting & Money Management #1579 in Books > Biographies & Memoirs > Sports & Outdoors

After reading your book, I wrote the letter below to my newspaper editor.Subject: What do grown children owe their parents?Do adult children owe their parents for what they’ve done while growing up? What does honor thy father and honor thy mother really mean? What are the duties and responsibilities towards parents by their children?I believe that most parents would agree with me that our children don't owe us anything for bringing them into the world. Of course if our parents are disabled and unable to take care of themselves financially or physically, we have a moral obligation to provide for them. But if they mismanage their money and the money that we give them, we do not have an obligation to provide for them.Editor, my mother is not good with handling money. Even though she earned enough financially to live comfortably, she mismanages her money and so she is unable to pay her bills. And because she is unable to pay her bills, she believes it's her children’s responsibility to bail her out every time because she brought them into the world.As a result, she demands money from them. When she doesn't have money, she behaves like a drug addict looking for a fix. She goes about begging everyone for money. She's a "money addict," and money is her drug.Editor, her demand for money is daunting. Whenever she gets money, she squandered it. She never has money. And yet, no matter how much or how many times that I give her money, she always want more. She's never satisfied or grateful.And if I don't have to give to her, she would tell me the most hurtful things that you can tell a child.

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