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You might consider reading The Millionaire Next Door, https://en.wikipedia.org/wiki/The_Millionaire_Next_Door https://en.wikipedia.org/wiki/The_Millionaire_Next
by SapporoChris 7y ago
You might consider reading The Millionaire Next Door, https://en.wikipedia.org/wiki/The_Millionaire_Next_Door https://en.wikipedia.org/wiki/The_Millionaire_Next_Door
One of the big surprises in the book was the number of millionaires that live very modest lifestyles.
They become millionaires and stay millionaires because they don't change their frugal spending habits.
Now certainly these people living modestly don't have assets at home that are juicy targets, but they would be juicy targets for kidnapping and extortion.
- TheLuddite 7y agoMaybe this will force them to start spending their money and enjoy life? If they don´t - someone else will take their stash and have fun with it. Win-win.
- michaelt 7y agoI think the point jacknews is making is: Today, 40% of people with a given wealth level show it off, and 60% keep it quiet. If tomorrow nobody could keep it quiet, it doesn't mean the 60% would all get kidnapped, because today the 40% aren't getting kidnapped.