Try not to be flashy, never speak of your 1% challenges, and always keep in mind that friends and family are what's important.

Also, you could hire a wealth management advisor to talk about everything.

Anonymous wrote:

Anonymous wrote:I would start with shopping for a financial advisor and try to find someone relatable and personable so that the relationship is a bit beyond financial advice.
Also I would choose someone among friends who can be a consultant on ordinary life of sorts - like what is too expensive etc. Someone to tell you a $2500 t shirt is insane, using the above example

What is a 2500 dollar t shirt insane? If you can get some fools to buy it, than you have a successful biz. It's called a status symbols. There are tons of overpriced luxury products available as status symbols...cars, clothes, homes, phones, vacations, boats, etc. etc.

Exactly. People spend thousands..yes thousands....on designer mutt puppies......Happens all day everyday.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:By any chance, OP, did you attend Georgetown or another Jesuit institution?

Op. I did not. Public schools through college.

And this money is all inherited btw

The person who gave it to you never taught you their values?

Anonymous wrote:I would start with shopping for a financial advisor and try to find someone relatable and personable so that the relationship is a bit beyond financial advice.
Also I would choose someone among friends who can be a consultant on ordinary life of sorts - like what is too expensive etc. Someone to tell you a $2500 t shirt is insane, using the above example

What is a 2500 dollar t shirt insane? If you can get some fools to buy it, than you have a successful biz. It's called a status symbols. There are tons of overpriced luxury products available as status symbols...cars, clothes, homes, phones, vacations, boats, etc. etc.

Anonymous wrote:By any chance, OP, did you attend Georgetown or another Jesuit institution?

Op. I did not. Public schools through college.

By any chance, OP, did you attend Georgetown or another Jesuit institution?

Anonymous wrote:And as a result there is literally no one to speak to about it. It’s not a financial problem (obviously), but it’s lonely and awkward. I’m sure this post will draw a bunch of “humblebrag” (or maybe outright brag) or violin complaints and probably a number of posters calling me a troll (that is what they always do to really high dollar posters). And then there will be a bunch of people suggesting that I speak to a financial advisor or attorney experienced with very high net worth and income without realizing that doing so is still awkward and unrelatable (sort of like a paid friend). It’s even worse if you are younger. Still at the moment it would be nice to know that there are others who experience the same and I’m not alone.

How old are you? You sound very young. You need to go through some of the things in life that give you maturity and perspective. Money can solve a lot of problems but not always life and death. You will have a few struggles unsolvable by money and then the cash will be put in its place.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Well, we are quite wealthy--probably more than you OP, and I have no experience like you describe, so I do believe you are a troll.

How much do you make/ is your net worth?

200 million net worth

!!! Start a foundation, get some staff to help you pick some deserving charities. Esp. ones that have meaning to you.

I would start with shopping for a financial advisor and try to find someone relatable and personable so that the relationship is a bit beyond financial advice.
Also I would choose someone among friends who can be a consultant on ordinary life of sorts - like what is too expensive etc. Someone to tell you a $2500 t shirt is insane, using the above example

There are others like you out there, OP.

It's really hard for normal folk to sympathize, but I acknowledge that being different from most people is extremely isolating, and can make you feel discombobulated.

I would focus on:
1. Accepting that you are different.
2. Living the healthiest life you can possible have. You're not taking that money anywhere.
3. Helping others: climate change might turn out to be an extinction event for Homo Sapiens. Why don't you invest in an electric plane company, since transportation is still one of the biggest polluters? Choose to buy things that pollute less, and support innovation to process plastics, trap CO2, etc...

Anonymous wrote:And as a result there is literally no one to speak to about it. It’s not a financial problem (obviously), but it’s lonely and awkward. I’m sure this post will draw a bunch of “humblebrag” (or maybe outright brag) or violin complaints and probably a number of posters calling me a troll (that is what they always do to really high dollar posters). And then there will be a bunch of people suggesting that I speak to a financial advisor or attorney experienced with very high net worth and income without realizing that doing so is still awkward and unrelatable (sort of like a paid friend). It’s even worse if you are younger. Still at the moment it would be nice to know that there are others who experience the same and I’m not alone.

So I guess that this is a huge problem for you and I have an unbelievable amount of compassion for you. I really want to help you. You can, if you must, give me most of your money and I will bear the burden. I'm there for you old pal.

Anonymous wrote:I think this is a troll, too. Here is the thing about having a lot of money. You do tend to not relate to people outside of your bubble. But there are plenty of people in your bubble (hence getting out of touch). You live in an expensive place, so all your neighbors are rich, too. The people you work with (at least some of them) are as rich as you. I guess if you own your own business, this all may be different. But in our case, we are surrounded by people that are just like us.

I think even then, the direction is usually upwards. People who make 500k a year don't really know how people making 5M a year live. But someone making 5M a year usually knows what it's like to make 500k a year unless they are old money and lived a sheltered life growing up, which is obviously not the case for the OP. Now, the OP could be one of those people who started feeling guilty about making money, and decided not to move or spend it, and is still in a neighborhood surrounded by people who make 1/10th or 1/100th what they make in a year, and therefore suddenly find that there is no one he/she can talk to. But this problem has a very simple and practical solution - move.

Anonymous wrote:And as a result there is literally no one to speak to about it. It’s not a financial problem (obviously), but it’s lonely and awkward. I’m sure this post will draw a bunch of “humblebrag” (or maybe outright brag) or violin complaints and probably a number of posters calling me a troll (that is what they always do to really high dollar posters). And then there will be a bunch of people suggesting that I speak to a financial advisor or attorney experienced with very high net worth and income without realizing that doing so is still awkward and unrelatable (sort of like a paid friend). It’s even worse if you are younger. Still at the moment it would be nice to know that there are others who experience the same and I’m not alone.

I gotta say, I've only heard old money people who live very sheltered lives say this, or demonstrate the detachment and loneliness that they may even not recognize. Our income is 7 figures and I can't imagine how much income it takes to get to the point where you run out of peers to talk to or can't relate to other people. As we've expanded our income and wealth through the years, some old friends dropped away but we've made plenty of new ones.

Reading this first post and other follow-up posts by OP, if the OP's issue is guilt with having money, that may indeed be caused by some underlying issue that talking to a therapist may help bring to the surface and be dealt with. The solution of giving it away is easy enough but that may not fix the underlying problem. The OP should know that plenty of normal people talk to therapists though they usually keep it private. I actually have not one but two therapist friends, one does marriage counseling and the other does individual one-on-one "how does that make you feel?" type counseling. Both say their clients are ordinary people who pay a modest amount for their time.

I don't know why this occurred to me just now, but I think two things that keep you broadly connected to people are grocery shopping in person for yourself and cooking for yourself, and use as many fresh/raw ingredients as possible.

I think this is a troll, too. Here is the thing about having a lot of money. You do tend to not relate to people outside of your bubble. But there are plenty of people in your bubble (hence getting out of touch). You live in an expensive place, so all your neighbors are rich, too. The people you work with (at least some of them) are as rich as you. I guess if you own your own business, this all may be different. But in our case, we are surrounded by people that are just like us.

Anonymous wrote:+ to the horses idea, I came here to say exactly that. You'll find some cool friends and then eventually you won't have so much money and can better relate to your old ones. Horses are great and so are some but not all horse people.

yeah. I mean, F using your wealth to fight climate change or help Afghanis or Syrians or homeless people in America or poor kids whose families don't have medical care or schools that are breaking down. Just do a bunch of fancy s***. That'll fulfill you and on your deathbed people will remember what a swell guy you were because that one party was so lit.