Some Americans keep their wealth secret. “There are a lot of people hiding their wealth because they are worried about negative judgment,” said Traeger-Muney. “If wealthy Americans talk about their problems, people often don’t have a lot of sympathy,” she said. Cockrell said that there is a common mistake that many of his wealthy clients make – they let their money define them. “If you are part of the 1%, you still have problems. There are other parts of your life. Money is not the only thing,” he said. “Your problems are real.”
What does Cockrell say is a common mistake that his wealthy clients make?
They define themselves by their money They think that their financial problems are not real They talk about their problems with unsympathetic people They trust people with friendship too easily