03-22-2018, 12:24 PM
(03-22-2018, 12:17 PM)reuben.ahmed Wrote: That's the saying, rich people don't spend money. Poor people spend money. I have wealthy people in my family, and when it comes time to actually spend money they don't know how to - or they brag that "we have unlimited income to take care of this situation".
There's a balance and in my opinion you ought to spend more than you think unless you really don't care about buying anything (like AJ), because you never know when your last day will be.
Those "rich" people also drive cars that are in dangerous condition, for example they haven't changed the tires in 5 years and it has a broken side mirror - all in the effort to be rich. Lol
Yeah there is a balance that has to happen... For instance the saying gotta spend money to make etc.
But you see a lot of people live above their means to try and give the impression they are doing better than they really are... These people tend to live in debt.
Some people with money like to show it off... (and unless the income is steady that will lead to losing money fast.)
Others know they have money and don't really care if you know it...
Zero reason to buy a 200,000 dollar car that drops 30% in value as soon as you buy it.. when a 20,000 dollar car works just as well.
