You know what rich people do?
They make their money earn for them. A series of wise and sensible investments in form of real estate, development of existing real estate, deposits, shareholdings in companies, etc. People who were born with money or born rich enough are made known that it takes an effort to stay rich. Rich people have a strong enough financial backup if things go awry. It’s okay to lose a little money in the name of learning because they can afford not to repeat it.
What do people who become rich in a short duration do?
Spend their money on things and experiences they might not have had previously. They spend it like water without a thought for saving up for contingency, because they are blinded by the glitz and glamour the short fortune is showing them. They become used to the artificial sense of being rich and try to fit among the actually rich people, regardless of their personal financial background. So one fine day, when the income stops or rather their luxuries surpass their income, hell breaks loose, because they weren’t prepared for the struggle of remaining rich without a strong financial backing.
Salaried people without any strong financial background are more prone to the above scenario, when they start earning more than they what they expected in a short period of time. Not necessarily salaried people, there are lots of other people who can be like this. They fall into fake reality of being rich wherein, they are living their life on a month to month basis, solely dependent on their salary.
If you ask me which one I belong to, I honestly don’t know. I am a citizen of Bangalore born to working parents (pure middleclass upbringing). I never have money, yet I’ll have a little.