As I was scrolling through my Facebook I saw this photo and how the image discribes the poor to be a kind of people that wears expensive thing to impress people to look like the rich, and the other way round, the rich appears to be simple probably not to be noticed as a rich person. My question now is that,
Does wearing of expensive cloths, shoes and other expensive things a sign of being poor? Or does it mean the rich doesn't wear expensive things or doesn't leave a luxurious lifestyle?
The ways of spending is subjective and it's not about been rich or been poor. There are rich people that love show off but the way they do it might be different. When an hustling guy or lady dress, you will know that indeed these person is not wealthy but they are doing well, even from the dressing and fashion trends you will know. However, when a wealthy person want to spend on wears, they don't go for trends but expensive items, they can wear a classic gold necklace of $100k and nobody will know because they don't like show off.
Some of them spend recklessly but they do it in way the don't lose, they spend by investing something that will be worth something tomorrow. Check their cars, they love buying limited edition cars because such cars are worth money tomorrow, when they buy watches they go for diamond design because such can be resale later for profits but when poor or average guys go for Gucci bags and Fendi, such things doesn't Hava a resale value, that's the difference between the rich and the poor.