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Sunday, September 4, 2016

7 Things to Remember When You Hang Out with Rich Friends

 7 Things to Remember When You Hang Out with Rich Friends
Being friends with someone who’s richer, more successful and influential than you is a hard choice. Indeed, it’s a choice since you choose whether you are ready to get along with the person or not. During the college years you were nearly equal financially with your friends and fellow students. But when meeting your old acquaintance some years later you can discover that their financial situation is far much better than yours. A big gap in income can create a big gap in your relationship. Here are a few things to remember when you hang out with rich friends.
1. Be honest and keep a distance

Whether you’re trying to save up for a big purchase or you’re just on a tight budget, your friends should be aware of it. When people make a lot of money they can hardly say No or take control over their spending. If your wealthy friends have no idea how much you can afford, they can easily splurge. Feel okay to set certain financial boundaries and stick to them. If your fellows are planning costly entertainments, don’t be afraid to suggest a cheaper alternative. When your financial situation is clear to your friends, they will stop pressing you to squander.
2. Don’t pretend and don’t compare
It’s just a lose-lose game to compare your achievements or makings with those of other people. Try to realize that you will meet someone smarter and wealthier, but you should not pretend to be the same. Comparison nearly always arouses the feeling of diffidence and embarrassment. Don’t concentrate your attention on the gap between you; it will only cause more separation. Instead, focus on your own achievements and wins. Develop a thankful attitude to what you have and strive for the better.
3. Accept their liberality

Don’t think that you friends are so generous out of pity for you. Try to put yourself in your friends’ shoes and you’ll understand that being rich feels uncomfortable as well. Most well-off people try not to parade their makings. When your fellow offers to pay for dinner, take it easy. It’s not a window-dressing; your friend just wants to show that your relationship is more important than dollars. I always felt uncomfortable each time my pal intended to pick up the check. It made me feel indebted and ashamed. But the only right way out is to accept the gesture graciously and move on.
4. Don’t play tit-for-tat

Your friendship is not about keeping score. Perhaps your rich fellows are used to haute cuisine, but the true friends won’t mind if you treat them to hamburgers and cola. Each time your friends host a party with exquisite dainties and costly drinks, you don’t have to reciprocate by serving a lavish dinner with truffles or caviar. Their kindness and generosity are deliberate and gratuitous.

5. Follow your friends’ example

Friendship with rich people is very useful if you want to learn some efficient strategies and become a rich person yourself. By surrounding yourself with well-off friends you will get rid of negative money stereotypes, you’ll view big money as a normal thing and you will come up with new ideas how to grow your finance. It’s an undeniable fact that poor and rich people have utterly different habits. I’m speaking about rich people who make their own fortune, of course. Try to adopt a couple of your friends’ habits and chances are your financial situation will improve.
6. Tame your jealousy

Being jealous of your friends’ money is a sure way to poison your friendship and break off. If you cannot be happy for your pals, you are not true friends; you’re rather frenemies who get stuck in a wasting rivalry. It’s awfully hard to stay nonenvious when you hang out with rich company and see what they can afford. However, you cannot know if that money makes them happy. When people earn more, they usually work harder and face more stresses and challenges.
7. Be proud and confident

As it often happens, wealthier people have different outlook, opinions and conversation topics. While chatting with your rich friends you may be afraid to sound naive or boring. However, as long as your friends take interest in what you’re talking about, your friendship is in safety. Another poor feeling that occurs while communicating with rich people is the feeling of shame for your earnings or unprestigious job. But if you do your best to support your family or push forward, there’s nothing to be ashamed of. Stay confident and never think that you’re worse just because you earn less.
It’s okay to end your relationship

If nothing else works, it’s okay to limit your time with your friends. If your friends are aware of your financial status, but they still stir you up to spend more, you should reconsider your relationship. Lack of understanding and tension are signals of a breakdown in your friendship. Do you really need people in your life who pressure or overextend you?

Being friends with someone rich is a good way to realize whether you’re satisfied with your earnings or not. If you cannot combat jealousy, use it to achieve your own goals. If your friendship is still affected by the number of zeros in your friend’s bank account, you should consider finding new friends who are not richer than you. Do you have rich friends?

How To Get Rich People To Become Your Friends

How To Get Rich People To Become Your Friends
If you're struggling to make ends meet or just not where you want to be financially, open your eyes and look around.
In most cases, your net worth mirrors the level of your closest friends. Is it time to start looking for some new friends?
I've asked that question hundreds of times on stage all over the Nation, and it never fails to get people fired up and even angry(funny how people could get so mad with themselves when they realized some bitter truth).

I'm not suggesting you go and unfriend all your friends just because they don't have a lot of money. And I'm not suggesting that you choose your friends based on how much money they have.

However, as Einstein said, consciousness is contagious.

If you want more money, you should consider spending time with and befriending people with more money.

Exposure to people who are more successful than you are has the potential to expand your thinking and catapult your income. We become like the people we associate with, and that's why winners are attracted to winners. In other segments of society, this is accepted, but the rich have always been lambasted for their predisposition to engage the company of people with similar financial success.

The reality is, millionaires think differently from the middle class about money, and there's much to be gained by being in their presence. Perhaps even more surprising: Many millionaires are surprisingly humble and don't view themselves as having "arrived." Many of them believe millionaires are simply people who don't know how to become billionaires.

After all, why would someone settle for millions if they possessed the awareness to earn billions? That's why millionaires are always attempting to gain entry into that exclusive group of people who are among the wealthiest in the world.


The average person wants to meet a millionaire to tell their friends they met a millionaire. Millionaires, on the other hand, want to associate with billionaires to learn how they think. One group is watching the game; the other is playing the game. They only question that matters: Which one are you?

Honestly ask yourself: How many rich people are in your inner circle of associates and advisors? Set a goal in the New Year to double the amount of time you spend associating with people who are richer than you are. Doing so just might make you rich.

The correlation between your friends and your level of wealth is one that is taught improperly from the start.

Most parents never teach their kids about the importance of making contacts. They hope their kids are popular and make friends so they enjoy their days in school.

Wealthy parents have a different approach. Sure, they want their children to enjoy their years growing up. But they also know that building contacts, even as early as high school, can make the difference between a life of average success and one filled with uncommon opportunity. While most parents are hoping their kid becomes the quarterback of the football team or the most popular cheerleader, the rich are concerned about building the child's social infrastructure for the future.

The message of associating with the wealthy often sounds elitist or discriminatory against the middle class. But it's not. It's nice to say everyone, regardless of financial status, has access to all the good things in life. It's also naïve and untrue. Right or wrong, wealth offers privileges, and one of the most fundamental ways to start the wealth-generating process is to get around rich people and watch how they think. It's an eye-opening experience.

The bottom line: Like attracts like. People with high-level formal education like to associate with the academic elite. Physically fit people enjoy spending time with others who are fit. Religious people like to have fellowship with people of faith. And rich people like to associate with others who are rich.

As Will Rogers said, "A man only learns in two ways: one by reading, and the other by association with smarter people."