James Altucher: Hidden Personal Finances
on Monday, May 28, 2018James Altucher Money Quote saying those who understand finances figure out how to disappear money with great care so it can grow. James Altucher said:
“The people who know personal finance hide the money very carefully” — James Altucher
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This quote from James Altucher suggests that people who truly understand personal finance tend to be prudent with how they manage and protect their money. Altucher implies that those who are knowledgeable about financial matters do not flaunt or carelessly expose their wealth.
Rather, they “hide” or carefully safeguard their money, likely through measures like diversifying investments, maintaining emergency funds, and acquiring assets like real estate or retirement accounts that preserve value over time.
The quote conveys that a sign of real financial expertise is discretion and security around one’s money rather than ostentatious displays of wealth. It promotes wisdom in managing finances privately and securely rather than publicly flaunting what one has accumulated.