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This presentation consists of highlights


from the interview with Moe Abdou,
founder & host of 33voices.
Paul Sullivan
Writer, Photographer and Journalist
@sullivanpaul

Paul Sullivan writes the Wealth Matters column for The New York Times.
His articles have appeared in Conde Nast Portfolio, The International Herald
Tribune, Barrons, The Boston Globe, and Food & Wine. From 2000 to 2006,
he was a reporter, editor and columnist at the Financial Times. His first big
story for the FT was a profile of the author Kurt Vonnegut based on a train ride
they took from Springfield, Massachusetts to New York City. His last piece for
the FT was Vonneguts obituary. He received degrees in history from Trinity
College and the University of Chicago.
Insight #1

Knowing the difference between being


wealthy and being rich is the difference
between living a secure for a fraught life.
Insight #2

Whats seen is the money they made, but


whats unseen is the choices that theyve made.
Its what allows them to continue to be wealthy.
Its more about taking a very long view with all
the potential negatives that we all fear.

- Tiger 21 founder Michael Sonnenfeldt


on being wealthy
Insight #3

The wealthy uses debt sparingly and


strategically to invest in a business or
buy something that is going to appreciate
in value, the way a home generally
does over long periods.
Insight #4

Anyone who hopes to get on the wealthy side


of the Thin Green Line will know where his
money is, and what it will be used for, for that
person is likely to have a goal for his money.
Insight #5

The wealthy are likely to be accumulators,


for they get more pleasure in not spending
but will spend when necessary or justified.

Dont live like a king for a little bit,


live like a prince forever
- Former NFL player Adam Carriker
Insight #6

While a white collar individuals may make


more money than a blue collar one, the
blue collar one can be wealthier if she saves
more money than she needs to live.
Insight #7

Being on the right side of The Thin


Green Line involves making choices and
understanding the difference between
wealthy and rich. Consider reframing your
thoughts about money or simply talking about
spending plans instead of budgets.
Insight #8

The people who are truly wealthy know


the advantages and disadvantages of money,
and use their wealth to create security for
themselves without robbing their children
of the incentives to excel.
Insight #9

No matter how much someone gives, a bit of


pain for the donor is a good thing; it reminds
the giver that he or she is sacrificing something.
Insight #10

Those on the wealthy side of The


Thin Green Line have an internal locus of
control, for they take credit for their success
and personal responsibility for their setbacks.
Further, their aversion to investment losses
prevents them from taking losses personally.
Whats your money secret?

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Jenna@voices.com

Presentation created by Chase Jennings

Insights by Moe Abdou