myths

10 Ways You're Wrong About the Rich

When you think of the wealthy, what do you think? As open-minded as you may be (and unless you're actually rich yourself) you've most likely got at least some preconceived notions. Whether it's something extreme, like believing all rich people are snots, or something subtle, like simply believing the wealthy have no real problems, chances are living the life of luxury is not exactly what you think it is. According to the Luxury Institute there are at least 10 common misconceptions facing the wealthy -- are you guilty of any (or all?) of them?

Gallery: 10 Common Myths About Wealth and Luxury