Post
Topic
Board Economics
Re: Being rich = not looking at price tag
by
Dickiy
on 16/11/2023, 12:40:09 UTC

It depends, I guess.

Lot of rich people don't bother about the pricetag because they can afford it even though they just want it. They don't care about a certain thing, if they want it, they'll buy it, simple as that. They have that kind of mindset since they have plenty of money to the point where they don't know where to spend it anymore. Pricetags at supermarket or in any luxury shop is just a normal thing to them, they don't even bother looking at it.

But there are few rich people who don't really like to spend their money on random things, they like investments and businesses, so they can have more money to spend on things they wanted to have in the future.
I agree, it really depends on the person on how they spend their money. But some of them are the same as the second you mentioned. Rich people spend wisely, they only use their money for the things that can bring them money, and also for their daily needs.

Yes that's right, in terms of finance it really depends on a person's personality and character that he has, there are rich people who really value their money by not being too excessive in terms of buying something that is not really important to them, and also there are rich people who really like to squander their money even for something that is not really important, I think it's no harm and really out of the control of others because obviously they have freedom in terms of choosing something they want even though basically it's not entirely the best thing to do.

For the second point that I said above is none other than because maybe they think that they have considerable power in terms of finance, so maybe what they do is as a form of appreciation for the financial achievements they have managed to achieve even though basically it is not very good to do. But in general, in my view, usually rich people will be more considerate when they want to spend money, one of the reasons why they can reach the point of wealth because they have very good financial management, and with that it is only natural that they can achieve this wealth, and yes that's right friends, usually rich people prefer to allocate their money for positive things and the point they think is how to make the money grow and generate a lot of profit.