The stealth wealth lifestyle means having money but not necessarily flaunting it. Instead of concentrating on buying luxuries, people who practice stealth wealth are more likely to keep their money secret.
What Is “Stealth Wealth”?This idea of modestly achieving significant economic and financial successes goes against the stereotypical notion that high liquid net worth individuals must flaunt their status.
What Does Stealth Wealth Look Like?When it comes to stealth wealth, many people think of Warren Buffett. Despite being one of the wealthiest men on the planet, Buffett still lives in the home he bought decades ago.
Why Would You Practice Stealth Wealth?A wealthy person may choose not to inform others of their high net worth because they are afraid of the changes that doing so may bring to them. Indeed, this altered view of what money and financial independence mean is among the top reasons that a person may practice stealth wealth.