Why are rich folks scared to admit they're rich?

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·@josediccus·
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Why are rich folks scared to admit they're rich?


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I was scrolling through a comment section on Hive today and I came across the comment of someone. Although I admit that this was the big boys' comment section, I did find one comment particularly interesting. 

The person openly admitted to being extremely wealthy, which they defined as having no financial problems and being able to buy whatever they wanted.

 Although there appeared to be other wealthy individuals in the comment section, this particular account admitted it openly.



## Confi-pride


I believe that money gives people confidence, and while this confidence can sometimes be mistaken for pride, most of the time it is expressed in unusual ways. 

Sometimes it is in the accent, the way they pronounce words, or the way they talk to people, and while it is usually difficult to tell the difference between confidence and pride, there are still people who are extremely wealthy but avoid public places, try as hard as they can to remain anonymous, or even keep their money in places where no one can ever associate it with them.


## Flex the cash


On the other hand, some people make a living by flaunting their wealth. They rely on people seeing them as wealthy to stay in business, and even though they do not have the money they usually claim, they try to use rented or borrowed items to attract clients and customers. 

Real estate agents, car dealers, and celebrities who promote specific brands are all examples of such people.


> Sometimes the type of car you drive is the type of client you attract. 


It is quite a paradox that money can make some people want to be ghosts while making others want to show off.


This is a very contrasting situation, demonstrating the complexity of the human race. Consider the late drug lord Pablo Escobar; he was so wealthy that his wealth became the reason he was pursued; at some point in his life, he may have wished he could return to being a regular person, able to move freely on the streets without being apprehended. 

He most likely began as a drug dealer looking to put food on the table, but he eventually became the most powerful drug lord in history, pursued by the police until he was apprehended. Perhaps he had seen the other side of poverty and promised to do anything to avoid being poor. 

This demonstrates that not all types of money instill confidence; some people have behaviorally morphed into ghosts because their wealth makes them a target.



 People can be both negatively and positively motivated, but sometimes we get too much of what we want and wish we could go back to when we had nothing.


Of course, these regrets occur at the pinnacle of wealth. Some of the richest people in history, Solomon, Mansa Musa must've had this regret at some point in their lives. 

Solomon wrote Ecclesiastes, in which he expressed the vanity that comes with wealth, but he had to go through a lifetime of unimaginable wealth before coming to this mental realization.

## The Fear Of Jinxing It


In Nigeria, rich people are always afraid to admit they are wealthy. Some of them own their properties through proxy. For rich people in Nigeria, this is understandable.


 Many of them do not want people to constantly beg or bug them for financial assistance, and sometimes this is because they believe they have worked too hard for their money to give it away to others; some of them also do this for security reasons.


However, I believe that one of the most common reasons people dislike admitting they are wealthy is that they believe they have not amassed enough wealth, and that openly admitting they are wealthy may jinx them. 


I know a wealthy man in my church, but whenever he speaks with me, he mostly talks about borrowing money and hustling for funds; this is not the conversation of someone who owns houses and has landed in numerous locations and areas, but I believe it is because he believes he still does not have enough. 

However, the psychology behind this is that people raise their living standards as soon as they see an increase in cash flow, which can create the illusion that they still do not have enough.


However, no one truly knows the criteria or amount that different individuals can have before declaring themselves "financially free"; it will undoubtedly vary from person to person.





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