That’s because there are invisible scripts — the assumptions that are so deeply embedded in our society that we don’t even realize they guide our attitudes and behaviors — surrounding wealth. It can be challenging in a relationship where the other person's spending expectations are higher. Give me a break. But, they flaunted it, which ruined the family a bit. But doing everything just because of what other people might think is a recipe for misery. I’d love to retire at your age. They can only … Stealth wealth essentially means hiding your wealth. I've never really heard it called "stealth wealth" before, but it's a nice way to describe it. Boston is full of people who practice a version of this. Some people also practice "stealth wealth" because of paranoia or stinginess. Wealth Is Stealth Until You Reveal No one has any clue how much you make. Stealth Wealth #1 = … I thought this post was going to be about passive income based on the “stealth wealth moniker”. Very few close friends know our lifestyle and we never post anything on social media. Or perhaps, you do stealth wealth yourself. Continued. We have a condo in San Francisco so there is that but we drive a 7 year old Mini and I ride my bike to work. The way I look at it, at some point you have to choose whether you want to be LA-wealthy (flaunt your money) which has a high stress level associated with it in that you always have to keep up this "image" or you can be Bay Area-wealthy (don't flaunt your money) which has much less stress associated – you can dress up when you want, but dress down and no one will raise an eyebrow. After all, … I love my work so why I should tell everyone what am I doing and why. I was planning to save money to buy this diamond ring, so I can impress people that I am someone. The wealth part takes more work.”. Interesting that you showcased this article. I just don’t have a reason to talk about my money with others. So if you want to know exactly why someone practices stealth wealth, you’re going to have to ask directly. For example if you buy a house in a high end neighborhood you may find yourself needing to have a four car garage (and the high end cars to match) and a gardener and housekeeper and country club membership, etc., etc. I feel good enough to see myself made a progress that I never had before. Thank you, Ramit! You can’t take it with you when you die, so regardless of whether you hide your wealth and spend frugally or you spend more openly but within your means, it’s about consciously optimizing your outcomes based on what you have to deliver max happiness and minimum stress. 1. Honestly, I think the emphasis on “stealth” is a little overdone. Buy or rent in a place that’s nice but not ostentatious. If you had any advice for people who DO want to make changes, what would it be? I got a part-time job, and I actually got seriously working on my project, then I don't need that ring anymore. I'm sure you're aware of the book, but it bears mentioning for those unfamiliar with the quiet wealth accumulators. If you’re living the high life and want to hop off that rollercoaster, you may need a fresh start. Even I have this desire to remain under the radar, to the point that I’ve discussed the ever-growing desire to disappear, shut down the sites, and stop blogging. For Most People, Stealth Wealth Is an Attractive Option with Little Downside Stealth wealth also explains choices about cars, clothing, jewelry, and other items. By signing up you will receive daily blog updates on, Ultimate Guide to Getting a Raise and Boosting Your Salary,">http://stockmarkets.science