The wealthier you are - the less you spend
Discussion
I didn't want to derail another thread with this comment and I'm not sure how true it is but I'm paraphrasing another poster who said that the people they know who are truly wealthy seem to live ordinary lives and I think I've seen the same.
In contrast, some of my friends on the lowest incomes seem to spend most.
In contrast, some of my friends on the lowest incomes seem to spend most.
I remember a discussion where someone said "Have you ever noticed how tight rich people are?"
I responded "How do you think they got rich?"
But once you have everything you need to live a comfortable life, you don't need to keep spending. Those that do spend to be new money who like to flash their wealth. Old money types prefer to be much more understated about their wealth.
I responded "How do you think they got rich?"
But once you have everything you need to live a comfortable life, you don't need to keep spending. Those that do spend to be new money who like to flash their wealth. Old money types prefer to be much more understated about their wealth.
I think that's most likely rubbish.
I worked at my fair share of wealthy people's properties.
There's nearly always a gardener and a cleaning as the absolute minimum.
More often of steady trickle of trades, au pair, team of gardeners, team of housekeepers etc etc.
That doesn't offset the fact they drive an old Volvo and holiday in Norfolk.
I worked at my fair share of wealthy people's properties.
There's nearly always a gardener and a cleaning as the absolute minimum.
More often of steady trickle of trades, au pair, team of gardeners, team of housekeepers etc etc.
That doesn't offset the fact they drive an old Volvo and holiday in Norfolk.
I'd be surprised if that's true.
Even if you don't have any extravagant spending habits you will generally spend more on food, a bills etc.
There will be wealthy people who have quite ordinary spending habits, but there are lots of people who really have to budget. Something a wealthier doesn't have to worry about.
Even if you don't have any extravagant spending habits you will generally spend more on food, a bills etc.
There will be wealthy people who have quite ordinary spending habits, but there are lots of people who really have to budget. Something a wealthier doesn't have to worry about.
The Sam Vimes theory of boots and socioeconomic unfairness.
https://en.m.wikipedia.org/wiki/Boots_theory
https://en.m.wikipedia.org/wiki/Boots_theory
Slow.Patrol said:
A book I am currently reading made a statement to the effect of:-
"For the first time in history, the poorest of society are the most obese".
My benefit claiming SiL regularly has Dominos pizza delivered. I have never had food delivered to my house in my life
thats not about money, its laziness,"For the first time in history, the poorest of society are the most obese".
My benefit claiming SiL regularly has Dominos pizza delivered. I have never had food delivered to my house in my life
People that arent lazy tend to have more money.
Slow.Patrol said:
A book I am currently reading made a statement to the effect of:-
"For the first time in history, the poorest of society are the most obese".
My benefit claiming SiL regularly has Dominos pizza delivered. I have never had food delivered to my house in my life
I've never had a Dominos Pizza, delivered or not. £15 for a pizza is more than I am willing or able to spend."For the first time in history, the poorest of society are the most obese".
My benefit claiming SiL regularly has Dominos pizza delivered. I have never had food delivered to my house in my life
I'm not sure whether that means I am richer or poorer than your SiL
Slow.Patrol said:
A book I am currently reading made a statement to the effect of:-
"For the first time in history, the poorest of society are the most obese".
My benefit claiming SiL regularly has Dominos pizza delivered. I have never had food delivered to my house in my life
I’ve had next door’s delivered to my house several times. Does that count?"For the first time in history, the poorest of society are the most obese".
My benefit claiming SiL regularly has Dominos pizza delivered. I have never had food delivered to my house in my life
They don’t appear to work, have two kids in there, the place reeks of marijuana, and have regular call outs from the police, who seem to be about as good as finding them as the deliveroo driver. I got their breakfast once!
I personally know two multi millionaires very well, and they spend money 'liberally'.
Both have multiple houses in different countries, staff to do 'stuff', car collections to die for, and £1k for a meal out for four is not uncommon.
I'm sure there are many frugal rich people... but plenty splash the cash.
Both have multiple houses in different countries, staff to do 'stuff', car collections to die for, and £1k for a meal out for four is not uncommon.
I'm sure there are many frugal rich people... but plenty splash the cash.
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