Itโs easier for rich people to get richer bcos of the social capital theyโve built over time.
When you start making money, itโs important people know youโre doing well. While some may see it as โshowing offโ, it can strengthen your social capital.
When people perceive you as wealthy and influential, they bring you opportunities, proposals and business deals because they believe you have the resources, connections or credibility to make things happen.
Those opportunities can help you grow your wealth even further.