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How to Handle Money Moochers and Freeloaders (When You Have Wealth)
When people figure out you have money, they often come looking for it. You know the moochers, freeloaders, and opportunitists. Here is it a unique approach to conserving your capital well not saying no to those who want some of it.
This approach helps you understand the relationship dynamics that you will approach when you start to have capital. You’re high net worth is a magnet for sales people, distant relatives, and business opportunities.
In order to sustain wealth you need to be sure you can handle the emotional connection when saying no. Especially when some opportunities may be able to multiply your wealth if properly handled. Can you see why you don’t want to shutoff the ask?
Guess what? There are money problems you don’t know the wealthy have that if you don’t understand will make you poor. The key is to prepare yourself for those who will ask for what you have earned. From city officials, distant relatives, and good friends.
If you are a high net worth individual, or earn an above average income, then discover what is necessary to sustain wealth in this free newsletter, https://www.SustainableWealthSecrets.com/newsletter/
Too many wealthy individuals (especially when wealth is sudden) lose money to bad decisions. This includes how they deal with people who come asking for money. Today’s video includes two sugguestions. What ideas do you have to preserve capital? Share your comment below.
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