30 Old Money Activities 2024 You Need to Know

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Fed up with the usual pricey pursuits? Discover these affordable activities reminiscent of old money pastimes that ensure both enjoyment and economy. Exploring artsy galleries or engaging in a game of croquet, numerous options await you that won’t empty your pockets. So, why wait? Let’s delve into some fantastic old money activities that promise a slice of luxurious living without the financial fret.

What are Old Money Activities?

Old money refers to families who have maintained their wealth and social status for generations. These high-end individuals participate in a range of exclusive hobbies that represent their refined taste and their love for tradition. Often, these activities date back centuries – embedded in the fabric of their affluent lifestyle.

One of the most iconic old money activities is equestrian sports, such as polo and horse racing. Rich people have enjoyed these elite sports for centuries, showcasing their horsemanship skills and passion for competition while mingling with other high society members. Today, these events remain a popular fixture in the social calendars of the wealthy.

Formal balls and dinners have always been a staple in the old money scene. These opulent gatherings allow the elite to dress in their finest attire, indulge in exquisite cuisine, and converse with other aristocrats. Moreover, they serve as an opportunity to showcase their impeccable manners, which they’ve undoubtedly inherited from generations past.

Old money families often escape to their luxurious vacation homes during holidays, enjoying time on secluded beaches, ski resorts, or picturesque countryside estates. These coveted destinations allow rich people to unwind and indulge in leisurely activities like sailing, golfing, or wine tasting.

Some old money activities revolve around the appreciation and collection of art, antiques, and rare books. The elite take pride in displaying exquisite collections in their lavish homes or participating in exclusive auctions. These pursuits showcase their refined taste and serve as a testament to their generational wealth.

Luxurious Sport Activities

Polo: The Game of Luxury

Polo, a team sport played on horseback, is often associated with wealth and royalty. With the need for a well-trained polo pony and specialized equipment, the sport is not for the faint of heart – or wallet! As you gracefully maneuver your horse across the field, you’ll find plenty of opportunities to demonstrate your skill and finesse in this sophisticated pursuit.

Yachting Experience

Another classic emblem of luxury, yachting combines the pleasure of being on the water with the opulence of top-tier boats. Whether you prefer to sail the open seas or partake in yacht racing events, your yachting experience will undoubtedly leave a lasting impression. Gather your friends, family, or colleagues, and enjoy a blissful escape into the realm of maritime splendor.

Golfing: A Classy Pastime

Golf has long been a preferred pastime among the upper class, offering its players a serene yet challenging experience. Mastering the art of golfing requires precision, strategy, and the right equipment. As you stroll the impeccably maintained greens, you’ll enjoy the exercise, camaraderie, and networking opportunities that abound on the golf course.

Mountain Hiking and Camping

While you might not typically associate mountain hiking and camping with luxury, embarking on these adventures with upscale accommodations can elevate your experience to new heights. Explore breathtaking trails and immerse yourself in nature, then return to your deluxe campsite, complete with top-of-the-line tents, gourmet cuisine, and unparalleled service. Embrace the great outdoors without sacrificing an ounce of comfort.

Skydiving and Car Racing

For those seeking a more adrenaline-fueled form of entertainment, skydiving and car racing offer unforgettable thrills. Plunge from a plane and feel the exhilaration of freefall, or channel your inner speed demon and race around a track in a high-performance vehicle. These high-octane activities are sure to set your pulse racing and deliver memories that will last a lifetime.

In embracing these luxurious sport activities, you’ll find an exclusive world filled with excitement, challenge, and indulgence. So, go ahead and step into the glamorous world of old money activities, and see which sport captures your passion and admiration.

Investment Strategies

Understanding Finances

First things first, you need to grasp the basics of finances. This includes educating yourself about income, expenses, assets, liabilities, etc. A thorough understanding of your financial situation will empower you to make well-informed decisions. Don’t be afraid to ask questions, consult financial experts, or read books about personal finance. Taking charge of your finances is a great way to strengthen your financial health.

How to Budget

Creating a budget is a fundamental part of any old money activities. To devise a solid budget, follow these steps:

  1. Determine your monthly income: Calculate any regular incoming funds, such as your salary, freelance work, or other sources of income.
  2. List your expenses: Categorize your spending habits (e.g., rent, utility bills, groceries) and track them for a few months to understand your spending patterns.
  3. Set financial goals: Think about what you want to achieve in the short-term and long-term, whether it’s saving for a vacation, paying off debt, or planning for retirement.
  4. Divide your income: Allocate a specific portion of your income to essential expenses, discretionary spending, and savings.
  5. Monitor and adjust: Regularly review your budget to check your progress and make necessary adjustments.

Using a budgeting app or a simple spreadsheet can help you stay organized and maintain financial discipline.

Making Investments

Investing is a crucial aspect of old money activities. To make the most out of your investments, consider the following tips:

  • Establish an emergency fund: Before investing, ensure you have a safety net in place, usually three to six months’ worth of living expenses.
  • Start with a retirement plan: If your employer offers a 401(k) or similar retirement plan, take advantage of it by contributing as much as you can to benefit from employer matches and tax advantages.
  • Consider a diversified portfolio: Spread your investments across multiple asset classes (stocks, bonds, real estate, etc.) to reduce risk and increase potential returns.
  • Prioritize long-term investments: Focus on your financial goals and invest with a long-term perspective, rather than trying to make a quick profit through short-term trades.

Elegant Lifestyle and Appearance

The Aesthetic of Old Money

Old money exudes confidence, sophistication, and timeless beauty, all evident in hobbies like polo, hunting, and fly fishing. The aesthetic embraces classic colors like black, navy, and beige, which never go out of style. Simple accessories like a tasteful necklace, watch, or belt can add elegance to complement your outfit.

Class in Clothing

In old money activities, quality and classic designs are preferred over trend-driven fashion. Attire often includes garments and accessories associated with equestrianism, croquet, tennis, and other racket sports. Paying attention to fabrics, tailoring, and fit is crucial in these timeless and versatile outfits. Opting for luxury, well-made items that last for years showcases the old money mentality of valuing quality over quantity.

Some timeless clothing choices include:

  • Tailored blazers
  • Crisp, white button-down shirts
  • Well-fitting trousers and skirts
  • Cashmere or high-quality cotton sweaters
  • Elegant and comfortable dresses and gowns

The Importance of Grooming

Proper grooming is essential for the perfect old money appearance. Keeping your hair clean and styled, maintaining a flawless complexion, and investing in good skincare products enhance your overall look. Grooming also includes subtle fragrances, well-manicured nails, and polished shoes. You can present yourself as poised and polished through proper grooming, embodying the essence of old money activities with grace and refinement.

Games and Activities for Kids

Coins Money Game

Ready to introduce your kids to an engaging coins money game? Boost their counting and sorting skills while they become experts in coin recognition. Start by setting up a collection of various coins, then guide them in sorting and identifying each type. From penny races to coin tower building, there’s no shortage of creative and hands-on ways to have fun with coins. Not only will this activity help with counting skills, but it will also strengthen their understanding of the worth of each coin.

Play Money and Pretend Shopping

Bring the excitement of shopping to your own home by setting up a pretend marketplace with play money! Kids can take turns as both customers and shopkeepers during this imaginative activity. Encourage them to use pricing labels, play money, and even a cash register for more immersive fun. Pretend shopping sessions not only teach the basics of money transactions but also help reinforce the vital skill of making change. Plus, you’ll be fostering cooperation, communication, and role-playing skills.

Charity Chores

What better way to instill the importance of generosity than by teaching kids to donate to charity through activities like charity chores? Start by setting up a chore chart and assigning specific chores for each child, designating a charity of choice for the earnings. As the kids complete their tasks, they can collect play money as rewards, ultimately allocating it to their chosen charity. This activity not only helps your children learn about the importance of work and responsibility but also imparts valuable lessons on giving back to the community.

So go ahead and let the excitement begin with these old money activities. Watch your children transform into financially smart and generous young individuals before your very eyes!

Decadent Indulgences

The Ice Cream Cone Delight

Imagine treating yourself to an ice cream cone that goes above and beyond your typical scoop. As part of the exclusive old money club, you could indulge in some of the world’s most expensive and luxurious ice cream treats. Picture a cone dipped in rare edible gold leaf, topped with an exquisite scoop of ice cream made from the finest ingredients, like imported vanilla beans or the highest quality chocolate.

Splurge and Celebrations

With old money comes the opportunity to splurge on lavish celebrations. Whether it’s a birthday, anniversary, or just because, you could choose among the rarest wines, delectable gourmet treats, and elite-status venues catering to those with discerning tastes, from extravagant black-tie galas to more intimate soirees at private clubs, you would indeed grandly mark the special occasions.

Exclusive Holidays

Old money activities often include luxurious and exclusive holidays. Imagine jetting off to a secluded island, only accessible by private yacht or helicopter, where you could wine and dine in privacy. Or, perhaps you’d prefer an opulent ski lodge nestled in the mountains, complete with personal chefs and a private ski lift. These are just a few examples of the extraordinary getaways that could be part of your old money lifestyle.

So, as you consider embracing these decadent indulgences, remember that they are only the tip of the iceberg regarding old money activities. Dive deeper into this world and discover even more exciting and exclusive experiences.

Giving Back

Charity Donations

One fantastic way to give back is through charity donations. You can make a difference by donating to your favorite causes as a one-time gesture or by setting up recurring contributions. Don’t forget to research and choose reputable organizations, so you know that your funds are effectively helping those in need. You’re not just giving away your money; you’re creating a positive impact in the world!

Decluttering for a Cause

Another fantastic old money activity is decluttering for a cause. As you sort through your possessions, consider donating items in good condition to local charities, shelters, or non-profit thrift stores. Not only will you create a more organized and spacious environment, but you’re also helping others in the process. Decluttering can be a fun and therapeutic experience that helps you reevaluate your priorities and what truly matters in life.

Volunteering

Last but not least, one of the best ways to give back is volunteering. There are countless opportunities to dedicate your time and skills to benefit others. From working at a local food bank, mentoring children, or even using your professional expertise for pro-bono services, you’re sure to find a cause that resonates with you. Embrace this opportunity to enrich your life and the lives of those around you, all while engaging in a fulfilling old money activity that leaves a lasting impact.

Sailing Through the Seas

As you set sail, consider the following:

  • Location: Choose an unforgettable destination, like the Mediterranean, the Caribbean, or French Polynesia.
  • Size: Your yacht’s size affects its pricing, amenities, and maneuverability. Larger vessels offer more space, while smaller vessels allow for greater intimacy and flexibility.
  • Crew: A dedicated crew will ensure a smooth trip, providing exceptional service and expert guidance.

Guided Luxury Tours

Dive deeper into your travel experience with the expertise of a local guide at your side. Guided luxury tours offer the perfect blend of exclusivity and adventure, providing unparalleled access to world-class destinations while ensuring your comfort and safety. From private vineyard tastings in Bordeaux to personalized wildlife encounters on a luxury safari, expert guides share their insider knowledge, crafting unforgettable moments tailored to your interests.

Some must-try guided luxury tours include:

  • Cultural: Immerse yourself in the history and heritage of your destination with visits to renowned museums, galleries, and architectural marvels.
  • Nature: Discover awe-inspiring landscapes and natural wonders, such as the Northern Lights in Iceland or the lush jungles of Costa Rica.
  • Adventure: Embark on one-of-a-kind adventures tailored to your thrill-seeking side, like heli-skiing in the Alps or diving the Great Barrier Reef.

Cruising Experiences

Luxury cruises elevate your voyage to new heights, combining gourmet dining, first-class entertainment, and sumptuous accommodations for an unparalleled journey. From fascinating river cruises exploring Europe’s cultural gems to opulent ocean voyages aboard the world’s finest cruise liners, these unforgettable experiences blend relaxation with indulgence for a true old money adventure.

When selecting your dream cruise, consider the following:

  • Itinerary: Choose a cruise that visits your desired destinations and includes unique experiences, such as themed or enrichment-focused voyages.
  • Amenities: Look for cruise ships featuring the finest dining, spas, and activities that reflect your interests and preferences.
  • Service: Opt for cruise lines renowned for their commitment to exceptional service and a personalised touch throughout your journey.

Embrace the excitement of these luxury travel options and immerse yourself in the world of old money activities. Happy sailing!

New Money vs Old Money

New money refers to those who have earned their wealth, often as self-made millionaires or billionaires. Generally, people with new money have acquired their fortunes in their lifetime, possibly through innovative ideas, businesses or investments. On the other hand, old money is inherited wealth, passed down through generations, usually from family businesses or investments.

Regarding class, old money tends to be viewed as a higher social status than new money. Those from old money families might belong to the upper class, while new money individuals could be considered lower-upper class. These class distinctions can influence how people from each group engage in social activities and spend their leisure time.

As you explore the fascinating world of old money activities, remember how these distinctions between new and old money affect each class’s behaviors, habits, and values. The rich history and tradition that comes with old money can offer unique and exciting experiences, giving you a glimpse into an exclusive lifestyle often marked by luxury and sophistication.

Now that you have a better understanding of new money and old money, get ready to discover some fantastic old money activities that embody the exclusiveness and luxurious style of living that comes with inherited wealth.

Bucket List Activities

Indulging in old money activities means partaking in experiences enjoyed by the wealthy and elite for generations. So, let’s jump into this incredible world and see what kind of events you can add to your already fabulous bucket list.

First things first, have you ever considered skydiving? This adrenaline-pumping activity is not only an amazing adventure but also a perfect way to live life on the edge like the elite. The thrill of free-falling thousands of feet from the sky will leave you feeling exhilarated and unstoppable!

If skydiving isn’t quite your cup of tea, don’t worry, there are plenty of old money activities to suit your fancy. How about attending a regal horse racing event, like the prestigious Kentucky Derby or the Royal Ascot? These iconic races are the epitome of old-world charm, featuring elegant attire, gourmet food, and heart-pounding horse races.

Now, let’s talk about luxurious vacations. The elite have a tradition of traveling to exotic and breath-taking destinations. From sipping champagne on a private yacht in the French Riviera to staying in a historic castle in the Scottish Highlands, there are endless possibilities for an unforgettable getaway that exudes old money charm.

Last but not least, why not learn a classical art form? Mastering a skill like playing the piano, learning to waltz, or even painting can provide an elegant pastime that’s rich in culture and history. These timeless activities will enrich your life and connect you to the sophisticated world of old money.

FAQ:

What are some hobbies of rich people?

Some hobbies of rich people include philanthropy, sports, boating, travel, polo, golf, hunting, reading, sailing, race car driving, owning collections, equitation, winemaking, running, and high-altitude mountain climbing. 

How to behave like old money?

You can behave like old money by adopting their core values such as modesty, hard work, and education and avoiding flashy displays of wealth. One should also prioritize community involvement and heritage.

What do old money families do?

Old money families have fortunes dating from the 19th century or before. They have built up powerful and influential social connections and tend to hide their wealth and superiority behind a veneer of civility. However, the search results do not provide a clear answer to what old money families do.

What do the rich do with their time?

Wealthy individuals tend to spend their time differently than the average American, according to u003ca href=u0022https://www.businessinsider.com/how-millionaires-billionaires-spend-time-reading-exercise-sleep-2019-2u0022u003eBusiness Insideru003c/au003e. They read, exercise, work more, and use social media less. They also spend more time actively pursuing hobbies, volunteering, and engaging in community activities.


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Elisa Steffes
Elisa Steffes

Elisa Steffes reviews designer fashion brands and elegant pieces for a living. She also loves Old Money Brands and is passionate about writing about topics related to this classic style.
She has close to 3 years of experience in SEO and has taken the Streetstylis Pinterest account to one of the most popular magazines on Pinterest and Instagram.
When she's not working, you'll find her doing Pilates, dancing or hanging out with her friends in Malta.

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