Old money individuals are often characterized by their sophistication, elegance and discretion. They value quality over quantity, invest in antiques and art to pass on to future generations, dress with high-quality non-branded clothing that lasts for years, prioritize education instead of indulgence and focus on forging relationships rather than gaining fame or recognition. By understanding these characteristics of old money families you can appreciate the subtle yet powerful differences between inherited wealth and those who have acquired it through other means. Whether your family has been wealthy for generations or you’re just beginning to accumulate assets yourself, focusing on building a strong foundation is key to achieving financial success – something old money families know all too well.
Here are 10 tell-tale signs that you’re old money:
1. Old Money always show good manners and politeness in social settings
Old money families often display a high level of politeness in both public and private settings. They are courteous, respectful, and take the time to properly introduce themselves. They understand the importance of etiquette when interacting with others, including how to behave in formal settings. They also strive to maintain a healthy balance between being polite and assertive when expressing opinions or making decisions. Old money families use proper manners such as addressing people by their correct titles and using please and thank you frequently. They also understand that good conversation requires listening as much as speaking and make sure to give people their full attention when conversing with them. In short, old money families are well-mannered, kind, generous and take social engagements seriously in order to ensure everyone has a pleasant experience.
2. Old Money make purchases thoughtfully, only when the purchase is worth the price
Old money make their purchase thoughtfully and only when the purchase is worth the price because they are thinking about future generations. They are looking for items that will have lasting value, and that can be passed down through the generations. They may choose to invest in heirlooms, such as antiques or artworks, or they may choose to buy quality products that will last many years. When making a purchase, they carefully consider the cost and the potential resale value of the item so they can ensure that their children or grandchildren will benefit from it over time.
3. Old Money’s clothes have an air of timelessness – they might be a little undone but never outdated or overly branded
Old money is known for having a classic and timeless sense of style. They understand that certain pieces of clothing are investments, so they choose wisely when it comes to their wardrobe. Typically, they opt for clothing with little to no branding or logos – this ensures that their clothes will never go out of style. Instead, these timeless pieces have the ability to be worn season after season without looking dated. Quality is always important as well; old money tends to opt for fabrics and materials that are durable and will last for years to come.
4. Old Money have confidence in themselves, in their decisions and their wealth
Old money have a long-standing confidence in their wealth and the decisions they make. This confidence is cultivated through generations of experience and study, where traditional family values are instilled in them from birth. Those with old money have a deep respect for the material possessions that their ancestors have collected over time, which gives them an acute sense of importance when making decisions. They also understand the value of taking calculated risks, as well as prudently investing funds for future gains. As such, those with old money tend to be more successful in their professional and personal lives due to their wisdom and understanding of how wealth works. They take great pride in their ability to manage money effectively, knowing it will ensure a secure future for generations to come.
5. Education is paramount to success – Old Money prioritize education over materialism or indulgence
Old money families place a high emphasis on education and prioritize it over materialism. They recognize that education is paramount to their success, and so they encourage their children to pursue higher levels of learning and knowledge at the finest schools. They view education as an investment which leads to greater success in life. In old money families, educational attainment is more important than the latest possessions or latest trends. They also strive to maintain a culture of learning which can be passed down from generation to generation, ensuring that education remains central in the family’s history and values.
6. Social events, communities are very important for Old Money
Old money loves to gather within their own communities and social events with people of similar backgrounds. They tend to participate in activities such as golf, tennis, country club parties, and horseback riding. These activities provide a sense of comfort and exclusivity, as they typically involve a degree of refinement that is uncommon elsewhere. Moreover, the presence of like-minded people at these gatherings provide an opportunity for old money to share stories, experiences, and interests with one another. Events such as these act as a beacon for those with old money, allowing them to reconnect with the values and traditions that are so important to them.
7. Old Money don’t focus on the latest trends instead opt for high quality items and brands unheard of to the general population
Old money opt for brands that are unheard of to the general population and they don’t focus on latest trends. They tend to prefer luxury goods from boutique, family-owned stores and brands that have been around for generations. These families often make an effort to source items from small, artisan vendors and invest in goods with quality craftsmanship. They value timelessness over trendiness, so these purchases often become treasures passed down from generation to generation.
8. Old Money style is polished and clean
Old money style is characterized by its polished, clean, and simple look. This style often features classic, timeless pieces such as tailored blazers, crisp white shirts, high-waisted trousers and skirts, and tasteful jewelry. There are few frills or flashy elements to this style of dress – the focus is on the quality of the materials and finishes used. Additionally, old money style often incorporates muted hues like navy blue and gray over bolder colours. These subtle touches allow people to express their sophisticated fashion sense without coming off as overly flashy. All in all, old money style is chic but understated – perfect for any occasion where you want to look stylish yet classic.
9. Old Money are very discreet and they don’t prioritize fame or recognition – instead focusing on quietly building relationships
Old money tend to be very discreet about their wealth and stature. They typically prefer to fly under the radar and not draw attention to themselves with extravagant displays of their financial success. Rather, they are more likely to opt for a classy and sophisticated approach, being well-mannered, courteous and generous in their dealings with others. They understand the importance of keeping up appearances, but know that this must be done in a tasteful way that does not draw unnecessary attention or criticism from those around them. In essence, old money prefer discretion over grandiosity when it comes to showcasing their wealth.
10. Old Money invest in antiques and art to be passed down to future generations as part of their legacy
Old money has been investing in antiques and art for centuries. Art and antiques can act as a Hedge Fund, providing a tangible asset of value and protection from inflation. Moreover, it is an effective way to pass on wealth between generations. Old money families have been using this strategy for years, purchasing the finest art that they can find and storing it away until their heirs are ready to take them over. This helps to protect the family’s wealth while allowing them to continue passing down their cherished possessions. As more of these wealthy families invest in antiques and art, the market for these items continues to grow, providing a stable investment opportunity for those who wish to invest in something that is both beautiful and valuable.
Growing up old money provides a unique set of advantages when it comes to achieving financial success but no amount of money can guarantee true prosperity. By understanding the characteristics of old money and appreciating the subtle yet powerful differences between inherited wealth and those who have acquired it through other means, you can strive for a life of quiet luxury regardless of your background.
The key to success is learning from others and building off what has been passed down to you, something that old money families have known for generations. With their combination of good manners, confidence, higher education and timeless fashion choices, members of old money families are well-equipped to approach life with sophistication and elegance. Whether you’re new or old money – by taking a page out their book you too can live with success and grace.