Rich people see extra benefits throughout life

[LiberalFighter]

Life is a whole lot easier if you have a truckload of money.

True, this isn’t exactly an earth-shattering insight. But I don’t think people really appreciate just how advantageous it is to get their finances under control and accumulate a decent dollop of wealth.

Here are 25 financial benefits that are enjoyed by folks with fatter wallets.


12. You regularly have enough money to take full or partial advantage of the annual $11,000 gift-tax exclusion, thus shrinking your estate and helping your children.


The List

[stevebreeze]

1. let me add a few more

If you need to borrow say for a new giant SUV it can go on your tax deductible home equity loan.

Lower property taxes as a portion of your income. It takes less as a portion of income to give your kids a great public school system.

Lower payroll taxes, since they are caped at $89,000 or so, payroll taxes as a portion of your income are less the the maids.

[SilverSurfing]

2. Don't work for Money, let your Money work for YOU!

If you're rich, you don't have to lift a finger, since the Money will Work for YOU...

[ArmHayseed]

3. Buy Low, Sell High

When the Fed orchestrates another recession, you have the cash on hand to buy up the po’folks assets at pennies on the dollar.