Poor buying when things expensive they are expert buying top in everything and FOMO in also the middle class are expert on buying highest prices and not just buying they buy it with credit.
Rich buys when something is with good price low price poor buys just to spend money.
Middle class behave like poor too they buying expensive.
Actually, many middle class folks follow trends or leap in when prices are high due to FOMO. Though typically motivated by emotion they believe they are investing or acting smart. Usually waiting for sales or discounts the rich make ahead plans. Sometimes it's more about attitude than about money.
Isn't that what he said? It is funny when they think their actions are smart, when in fact it was the opposite, though there might still be exceptions like if we are buying a rare item and the stocks are only limited. It happens when the item is newly released.
There is a chance that its value can rise more, later down the road. There can be exceptions too when there are sale or discounts because sometimes these items are not good in quality anymore or it is expiring already if it is chemical and food products, so we must be careful about it. Yes mate, money isn't all. We can be rich but if we have a bad or poor attitude, then we will still look ugly in front of others.