"New Money"

Kenya Howze And Jalen Dennis 7th pd.


New Money is a term used to describe those whose wealth has been acquired either within their own generation or that of their parents.Definition: People are spending their money recklessly not due to the fact that they did not foresee the crash in the stock market and the economy.

Old money vs New money

Old Money

"Old Money” Are basically people who have had money for a long time and it has no effect on them. They are used to being rich.

New Money

Those who acquire “New Money” don’t know how to act. When it comes down to acting they act out of the ordinary and those who have had money all their lives find it annoying that they are acting like this. ”

Text Example.

"Its Like the more money we come across, the more problems we see. ~ Biggie "Mo Money Mo Problems" This shows how when people come into a little money people around them and them themselves start acting different.


"I am still a little afraid of missing something if I forget that, as my father snobbishly suggested, and I snobbishly repeat, a sense of the fundamental decencies is parceled out unequally at birth. " Nick Carraway from The Great Gatsby Said this meaning that not all people have "Old Money". NOt Everyone was born into a more privileged family.