Wealth helps us feel secure, but wealth can be fleeting. No matter how rich you are, your fortune could be vulnerable if you are not a good steward of what you own
Just because you can afford the most expensive "everything" doesn't mean you always have to pay top dollar. Wealthy people can still seek and appreciate bargains. And you don't have to be wasteful. If you no longer want something that is still useful, give it away to someone who will be delighted with it
Diversify your investments so if one goes sour, you still have a cushion. Invest in good security for your home and property. Practice good safety habits and teach them to your children
Most auto and homeowners insurance policies allow you to add a rider--sometimes up to several million dollars--that can protect your assets if you get sued as the result of an accident caused by your alleged negligence
Just because you can afford the most expensive "everything" doesn't mean you always have to pay top dollar. Wealthy people can still seek and appreciate bargains. And you don't have to be wasteful. If you no longer want something that is still useful, give it away to someone who will be delighted with it
Diversify your investments so if one goes sour, you still have a cushion. Invest in good security for your home and property. Practice good safety habits and teach them to your children
Most auto and homeowners insurance policies allow you to add a rider--sometimes up to several million dollars--that can protect your assets if you get sued as the result of an accident caused by your alleged negligence