Sponsored Links..

Sponsors

Search

  • Google
    Web FMF

Disclaimer


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. All posts are © 2005-2008, Free Money Finance.

« Buying a Foreclosed House -- Not as Easy as You May Think | Main | The Marrying for Money Debate Goes On »

February 20, 2008

What Worries Wealthy People

The Street has an article on what worries wealthy people. They cite a couple surveys that found wealthy people have the following worries:

  • 42% of those polled were concerned about the safety of their financial assets, including, stocks, bonds, and real estate other than their primary home.
  • 53% are concerned about identity theft
  • About 15% are worried that their reputation or that of a family member will be damaged on online message boards, chat rooms or social networking sites.
  • Around half of all people who took part in the 2007 Annual Survey of Affluence and wealth in America indicated concerns about someday running out of money and their financial security.

A couple thoughts:

1. For all of those out there with meager net worths, don't think your worries will disappear when you become wealthy. They just shift around a bit.

2. That said, I'm sure most people who aren't wealthy would trade these concerns for their present-day ones. ;-)

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/318695/26058618

Listed below are links to weblogs that reference What Worries Wealthy People:

Comments

Every one of those concerns centered around security.

I find that very interesting. I'm not wealthy but none of those things worry me. But then again, maybe that's why I'm not wealthy yet :-)

I suppose many are worried that one day they might have to (gasp) get a real job.

Post a comment

Site Sponsors




  • null

  • null

Money Blogs

Stats