Post
Topic
Board Economics
Re: Rich and the poor who spend the most on luxury?
by
doomloop
on 11/09/2024, 20:59:23 UTC
Haha, I see a lot of changes here. As far as I can tell by myself, I am a child of a middle class family. That's why I spend money thoughtfully. But it depends as much as to say what kind of state he lives in and what the price of everything can be. Let's say you live in a country where everything is very cheap. Your expenses will decrease a lot but you spend based on your mindset.

So many times it is seen that a rich person spends very less and a middle class person spends a lot because he has a high spending mindset.

Changes? Why? I think you mean to say differences, also it doesn't always mean that we are spending money thoughtfully only because we are on the middle class but it only depends on the individual. There is no middle class mentioned in the OP but there are still people on that bracket who can spend recklessly. And, it doesn't depend on other factors that you mentioned there. Even though we are living on a cheap country, there will still be people who will value their money more, and then there are still people who will try hard only to spend more in an expensive country.

Quote
Let's say you live in a country where everything is very cheap. Your expenses will decrease a lot

It should be the opposite like what I said above.

Like I always spend a little more because I like to spend money and I'm not a spender.

Huh? This is so confusing, lol. I think there must always be a reason on why we can spend more.