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A new demand: wealth psychology
Oct 10, 2007

The world is seeing more and more rich people appearing, and this has created a new market called wealth psychology. Just search for it on the internet and you will see how many advertisements already exist for this increasing demand.

One of the biggest questions asked by wealthy families is how to raise children responsibly in an environment where almost anything can be bought. This concern is a serious one and is understandable. Raising kids has never been easy, and it's not going to become easy just because money is not a question.

Some wealth management firms are beginning to offer such advisement services and are seeing a growing demand. However, kids are not the only issue. Parents, relatives and friends are also targets for worry.

Psychologists predict that in 10 years, all wealth management companies will provide similar services.

So, if you are not a millionare, you have different things to think about. If money is not a concern for you, then there are professionals out there to provide guidence in being responsible.   [archive]

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