15 Differences Between NEW MONEY & OLD MONEY

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NEW MONEY vs OLD MONEY | 15 Differences You Should Know

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What is like to be old money?
What is like growing up with money?
How did old money keep their wealth?
What are the differences between new money and old money?
How to tell if someone is old money?
Which is richer: old money or new money?
Why do old money rich people look down on new money rich people?
What do the owners of old money know that new money does not?
What does old money think of new money?
What are the main differences in lifestyle between new money and old money families?
What does it feel like to be an aristocrat, or from an old money family?
What's it like to grow up in an old money family?
What do people mean when they say new money or old money?
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00:00 - Intro
01:31 - New Money invests short term, Old Money invests long term
02:06 - New Money spends by trends, Old Money spends by tradition
02:51 - New Money loves talking about money, old money rarely mentions it
04:06 - New Money sits courtside, Old Money plays golf at the country club
04:46 - New Money is always in a hurry, Old Money takes it slow
05:37 - New Money loves Publicity, Old Money Hates it
07:24 - New money is less snotty but also less polished
07:59 - New money entertains by dining out, Old Money entertains at home.
08:57 - New Money is open to new people, Old Money is closed off
09:45 - New Money thinks they can always make more, Old Money is trying to make it last
11:38 - New Money buys Experiences, Old Money buys Things
12:51 - Old Money knows all the rules, New Money doesn’t care about the rules
13:29 - New Money has specialized knowledge, Old Money has general knowledge
14:02 - There are many different types of Now Money, But more or less only one category of Old Money
15:12 - New Money embraces Change, Old Money hates change
16:30 - Question
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#alux #newmoney #oldmoney

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Hello Aluxers! If you get wealthy do you want your grandchildren to enjoy your wealth or should they build their own?

alux
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New money owns the buildings, old money owns the land.

kurts
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Some people got new Money
Some people got old money
I got no money

sikandarazam
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"its like racism, but with money." Oh so you mean Classism.

jordanpolicicchio
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New money: extroverts
Old money: introverts

concubinage
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Doesn’t matter if it’s new or old money, just make sure you have money and know how to manage it.

JoshIsOnAMission
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New Money: Imma buy me a lambo and roley. *Goes broke within the next year*

Old Money: I'll invest in a winery and real estate. *Creates a dynasty that lasts decades*

dekuvisuals
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Today's era of old money familes are kinda down to earth tho. Because i've seen them living their life. We can spot new money but we cant spot old money.

tseamus
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NM: I come from old money, but I was told from a very young age to earn my lifestyle in life. Regarding point 3, I remember when I was 8, I attended a social event with my grandmother; we had to leave early, and the midst of everything going on, my grandmother left her purse on the table. A friend rushed quickly behind to give her the purse. As she was handing her the purse in the parking lot, the friend complimented my grandmother on her "new" Mercedes 3 years after she had bought it brand new. When I asked my grandmother why she hadn't told anyone, she replied: "When you know you have it, you don't need to show it".

sks
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Old money is the goal. Old money isn’t pissed off or political at all. The only good thing politicians can do for old money is not take what they already have.

CaseyBurnsInvesting
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I think old Money comes with wisdom . New money brings arrogance...

sanjeevdeorani
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I knew a family maid/nanny that worked for new money then old money. She said that the old money family were more down to Earth than the new money, made her feel important, and made sure the kids had chores. She said one of her main duties was making sure the old money kids helped out with chores. She said the new money family expected her to treat the children as if they were her boss and that's why she left.

jonathanmosher
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i don’t want to be rich, i want to be expensive. there’s wisdom, work, elegance and class that comes with old money, but new money is cheap, boring, dull and fake.

purplepolarbear
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money talks - wealth whispers - cash screams - riches remain silent

blademuci
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But new money will become old money after this generation, and the old money was new money at once,

mohamedabdikadir
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Remember that line from the movie The Aviator when Howard Hughes is having dinner with old money and they mention they don't care about money. Hughes says, "you don't care about money, because you have money.!"

penasjable
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As a working class man that has worked for old money and new money, I can say the following about taste in women:

1) The poor (in their eyes): We like thicc, short girls. The thicker the poorer.
2) New money: Like plastic girls. Exaggerated bodies.
3) Old money: Like tall and thin, very attractive faces, good skin, good hair but modest bodies.

hes_alive
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New money watches Alux because this is where future billionaires come to get inspired.

kurts
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I would like my grandchildren to have “Old Money”, but I still want them to have drive and ambition to make their own lives, and add on to the family money🤷‍♀️

rosemay
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Keep in mind that "Old Money" was once "New Money" a long time ago. So it doesn't really matter as long as that money came from good hard work. Just cherish other people's achievement.

rondj