Not the skylight in my house.
As the water poured into my house from two leaky skylights, I had a thought …
What does financial freedom mean for me, personally?
It’s a phrase Tony Robbins uses in Money, Master the Game. I considered the question on my first read through the book, but I wanted to come back to it. I’ve been thinking about how high net worth can limit time, lifestyle, and relationships. This is especially true for expensive possessions which require management and maintenance (houses, cars, boats), but money itself requires management, and a whole lot of money requires a complex network of people and institutions to manage taxes, investments, trusts, insurance, and other aspects of wealth legality and retention.
Net worth can also influence social relationships. It’s harder to form and maintain relationships with people who are in completely different economic territory, especially at the extremes of poverty and wealth.
Possessions, including money, can be a pain in the ass.