Morgan Housel

There's a different flavor to this.

I met – I did some work for a family many years ago that they were – they're multi, multi billionaires.

And it was the grandfather who made all the money.

And I was working with the grandchildren who were mostly like probably 18 to 25 years old, let's say.

And I was there to teach them about some money stuff.

And one of the things they said, because the other element here was all of these kids were very good looking.

The guys and the girls are extremely good looking and they all have access to unlimited money and live unbelievable lives.

One of them had a helipad in his backyard kind of thing.

Just unbelievable quintessential billionaire children.

And one of the things they brought up was how hard it is to date.

And they said two things.

One is it's almost impossible to find someone who can just look past the money and actually like me for being me.

The other thing is that if the relationship progresses long enough, basically the family's lawyer pulls the boyfriend or girlfriend aside and says, if this relationship gets to a proposal, you will be met with the most ironclad prenup that has ever existed in the world.

And after that meeting, so many of the boyfriend and girlfriends are like,

I don't know.

I don't know if this is what I wanna do.

And so you have these very good looking,

19 year olds with unlimited money and they're almost undateable.

It's like, and so this, this, that's like a, a, a tiny violin thing, but the social pressure, I've called it social debt.

There's a social debt that can hang over having a lot of money.