Old Money and New Blood

 The Old Money Book by Byron Tully. Humorous, tongue-in-cheek but VERY spot-on advice for thinking about money and our relationship with it. I had the mental image of a visiting great-uncle (looking eerily like an older Winston Churchill) sitting back in a wing-back leather chair in an old English country estate library. In between puffs on his cigar, he acerbically mutters little gems of great financial management advice to the “younger niece or nephew” (us, the reader.) One of the best pieces of advice is that there is quite a difference between “appearance of wealth” and “reality of wealth”. We’ve all heard the idea expressed before – but it is still one of the most valuable concepts out there to keep in mind when we consider our spending. It’s good to hear it again (and in such a humorous and descriptive way.) But that is only one of the many terrific concepts in the book. There are many more to help the reader understand one’s relationship with money and how to handle both the relationship and the money itself wisely. This is a book to keep around and reread every so often – for both the humor and the good advice.