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Life Experiences

What Is It Like To Become Poor After Being Wealthy?

rich to poor

The global financial crisis destroyed me in 2008. The years immediately after were some of the worst years of my life. I lost everything; or at least I thought I did.

As it turns out, I didn’t lose much at all (assuming you don’t count approximately $3 million in real estate equity and a couple of hundred thousand dollars in cash, as “much”).

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Life Experiences

What’s It Like To Be Rich?

Most people think it’s nice to be rich because you can buy whatever you want and eat whatever you want. Want to eat a thawed mammoth? It can be arranged. Want to fly around in a working jet pack or jetski in Shaq’s backyard? That’s possible, too. Want the city to shut down an entire interstate for you and your friends to drive 200 mph on public roads? Done.

But that isn’t really what’s so great about being rich. I could eat a $2 meal in Bangkok, and it would be delicious. There’s no need to eat those $400 meals at Michelin-starred restaurants.

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