Well, that's just human nature I guess. Even folks who got money coming out their ears still watch the price tags. I once knew this lady loaded with cash, but she'd haggle over a 60 buck pair of shoes like her life depended on it. Which is fair enough when you're on a budget, but come on.
Anyway point is that people with money still care what things cost and they'll compare prices and even bargain before taking out cash or swiping that credit card. Can't say I blame them though. I do the same when money's tight.
Topic: Being rich = not looking at price tag (Read 1161 times)
Irrespective of our financial situation, we shouldn't purchase items based off of impulse. This is what the rich do that makes them not to consider the price tags of the items. Once they want it, they get. Most rich people that I know of have a terrible relationship with money mostly because money is always at their back and call. I can say they don't respect it.
You may weep if you ever watch a documentary of the stupidest things bought by rich people that is so expensive and they never use again. Not all rich people are guilty of this but most of them.
You may weep if you ever watch a documentary of the stupidest things bought by rich people that is so expensive and they never use again. Not all rich people are guilty of this but most of them.
Well, rich people have enough financial space to get reckless according to their limits. I heard a lot of stories coming from friends' personal experiences about wealthy people buying stuff like appliances and luxurious decorations only to throw them away in the next few days because they do not like them anymore. And there is nothing wrong with it except maybe those people who were already born rich since they need to give more value to the money they just inherited without hard work.
Many businesses failed when they were inherited by the founders next generations. That's because a lot of these people have no idea how their ancestors worked hard and gave value to money.
No amount of money is just enough in settling for else you goes bankrupt of such one of the luxurious, irresponsible of the reckless spenders.
I believed that this is why hard earners such as Bitcoin investors are calculative in financial services expenditures and economically balanced.
I often read people saying they want to earn enough money so they don't have to look at price tag of product. Imo, even if you are rich you wouldn't want to spend money on things that are not worthy of price being paid.
You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
@ OP, this is depended on how the money for as made. Many are believed that the easier way the money was come, also so easier way the money would be spent because it is insighted that also so easier way more is come.You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
I believed that this is why hard earners such as Bitcoin investors are calculative in financial services expenditures and economically balanced.
Somehow there are parents on which arent mindful about their children when it comes to this on which they would really be just simply living on the way they do live and since
they are financially capable then spending out money and providing their kids on lavish life wont really be an issue, im not saying that they are bound on messing up
bust most likely they would be if they wont really be that careful on wise on making decisions.
they are financially capable then spending out money and providing their kids on lavish life wont really be an issue, im not saying that they are bound on messing up
bust most likely they would be if they wont really be that careful on wise on making decisions.
Yeah, so many of them do guide their children or do I say council their children on financial management.
When you look at this kids or children they don't go buy whatever prices that are being tagged on products rather they would prefer to bargain price with seller or wholesaler, that is why most people in our country do say that Rich-men don't like buying expensive things except from the average women who loves showing up to people to know how they are.
Irrespective of our financial situation, we shouldn't purchase items based off of impulse. This is what the rich do that makes them not to consider the price tags of the items. Once they want it, they get. Most rich people that I know of have a terrible relationship with money mostly because money is always at their back and call. I can say they don't respect it.
You may weep if you ever watch a documentary of the stupidest things bought by rich people that is so expensive and they never use again. Not all rich people are guilty of this but most of them.
You may weep if you ever watch a documentary of the stupidest things bought by rich people that is so expensive and they never use again. Not all rich people are guilty of this but most of them.
Snip
But there are also many people who, as they get richer, become more careful in looking at prices and determining value. Usually rich people with business backgrounds always care about prices. Because maybe they have been used to it since before they became rich. But for children who have rich parents, these are the ones who usually don't care about prices and will buy whatever they want without looking at the price. They become like that because they don't know that making money is difficult for some people. These children are too pampered because everything is available, be it money or whatever, because their parents are rich. But I'm sure the child's parents will always look at prices even though they are already rich. Because he knows how difficult it is to build wealth.There is nothing wrong with them enjoying their parents' wealth, but if they continue to use it casually it needs to be advised because the wealth that is obtained must be an effort that must be done, so if they want to enjoy wealth they should want to work or start a business to feel the process of achieving wealth.
This also brought how to teach our children how to preserved money and becoming more economical with any amount we have given them, most children doesn't care what amount they spent outside there and this doesn't show a good example that they can hold any wealth left in their custody if they don't plan to reduced their ways of spending on luxurious things or even without pricing whatever they comes across in the shopping center or mall. Most times we their parents would say I don't want my children to suffer or have any challenges at some point of their lives without knowing we are giving them the wrong steps to follow in life. Do you know that becoming more careful in your spending depends on the training your were given by your parents back then and this is depending on how they treat you and groom you up to learn in hard way instead of living wasteful life, so why can't we teach our children that way of life.
to handle up finances well even on a very young age so that at least on the time that they would really be going on their own, then they wont really be making themselves be putting up on a situation on which
they might be struggling about financial matters since they do know that they could be able to handle themselves and make out some wise decisions towards finances and this is something which it is really
that something crucial.
Somehow there are parents on which arent mindful about their children when it comes to this on which they would really be just simply living on the way they do live and since
they are financially capable then spending out money and providing their kids on lavish life wont really be an issue, im not saying that they are bound on messing up
bust most likely they would be if they wont really be that careful on wise on making decisions.
these have lots of meanings, when you have less money you can't do a lot of things since you have to think of the rent and bills every month, what they really mean is that when you are earning enough you don't have to think twice on taking things unlike when you have less.
Rich people really think everything before they spend, because they don't wan't to make mistake that will cost them their fortune.
Rich people really think everything before they spend, because they don't wan't to make mistake that will cost them their fortune.
A lot of relies on this thread seems to tell me people actually think that rich folks do not bother with looking at the piece tag before making a purchase. If they make all purchases without wanting to know the prices, then a good portion of the chunk of their wealth would go towards purchases.
People actually working for their money would have a hard time making wild purchases without caring/giving much thought about the price of such goods. Earning more, you likely don’t have to worry about the price of some goods breaking your budget. That doesn’t mean you won’t know the price.
Do expensive things always reflect their true value? No, I do not think so.
What something is worth is highly personal and depends on one's interests and means. For example, someone obsessed with art can spend a small fortune on an original painting by a renowned artist, even if critics dont deem it a masterwork. Those blessed with financial means, whether born into wealth or recent beneficiaries have the luxury of buying costly items on a whim. Some may simply enjoy surrounding themselves with finer things simply because they can. Others employ extravagant possessions as status symbols to flaunt affluence and standing. For them, emotion often overrides functionality where price tags are concerned. But just because one can afford something doesnt intrinsically make it worthwhile. Beauty, like value lies in the eye of the beholder and bank account of the buyer.
What something is worth is highly personal and depends on one's interests and means. For example, someone obsessed with art can spend a small fortune on an original painting by a renowned artist, even if critics dont deem it a masterwork. Those blessed with financial means, whether born into wealth or recent beneficiaries have the luxury of buying costly items on a whim. Some may simply enjoy surrounding themselves with finer things simply because they can. Others employ extravagant possessions as status symbols to flaunt affluence and standing. For them, emotion often overrides functionality where price tags are concerned. But just because one can afford something doesnt intrinsically make it worthwhile. Beauty, like value lies in the eye of the beholder and bank account of the buyer.
Price tag not always show how rich you are. Some who are rich people they always like to wear normal dresses not to much expensive and they didn't wast their money. Some people we have in our society they belong from middle class family. They wast their money to buy expensive outfits and other accessories. If you are thinking the expensive outfits wear person is rich then is it right ? That's the reason being rich not look at price tag.
The statement you convey refers to rich people who have a good mindset, so they choose a simple lifestyle, by appearing simple without thinking about a luxurious lifestyle. Also, they may prioritize the future so they may invest in the future.Rich people like this tend to buy things that are needed and important to them in contrast to rich people who have a poor mindset, maybe they easily buy things they want even though they don't have an important function. In contrast to rich people who have a bad mindset, they easily buy everything without hesitation without looking at the price listed, as long as they still have money they will buy it. They also seem to be more concerned with the current luxurious lifestyle, where they buy goods that have a high price value Such as clothing, vehicles and communication devices (,cell phones) So they should also be able to think about their future so they can have a bright future.
I often read people saying they want to earn enough money so they don't have to look at price tag of product. Imo, even if you are rich you wouldn't want to spend money on things that are not worthy of price being paid.
You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
I am pretty sure this only goes for those who are born into riches. Everyone who had to earn their riches is probably more stingy with their money than the average person. Because they know the worth of a dollar more than anyone. So they definitely look at the price tags. The ones who do not know the worth of a dollar and have rich parents spoil them their entire lives are not going to look at price tags. But that is not a symptom of them being rich but rather them being the subjects of bad parenting.
You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
Obviously, that is human nature in general, even though they are economically prosperous, perhaps you could say materially rich, products and prices always go hand in hand with each other.In terms of purchasing products, I often see rich people, those who are the most stingy and calculating in buying products, but I don't see those who are rich when they buy something without paying attention to the brand and type of product, I rarely see that, although there are 1 or two people who don't look at the product and just buy straight away without calculating the price, but the comparison is 1/10, even if there is one, but on average they are stingy.
Price tag for those who are rich, also careful calculations before buying, I once found someone who could be said to be economically excessive, but when shopping for one product, They bargain the price as low as possible, even though the product they want to buy is only $60, that's how rich people are, but it shouldn't be the same.
I often read people saying they want to earn enough money so they don't have to look at price tag of product. Imo, even if you are rich you wouldn't want to spend money on things that are not worthy of price being paid.
You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
Well, this depends on our personalities and how we make this money in the first place. As for me, I can assure you that no matter how rich I am, I can't be so foolish not to look at the price tag, after all, I work for my money. Even if I want to waste money, that is not the right channel I would waste it, I can take it to the less privileged, orphanages and the like of them.You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
You know, there are two types of rich people, we have the fools and the wise ones. You can easily know the foolish ones, they often earn money easily and through some means that are very cheap like online, big gambling hits, illegal deals and all that. But no matter how rich a wise one could be, the price must be known.
As a fact, rich people who sweat for their money are economics when it comes to money matters.
Snip
But there are also many people who, as they get richer, become more careful in looking at prices and determining value. Usually rich people with business backgrounds always care about prices. Because maybe they have been used to it since before they became rich. But for children who have rich parents, these are the ones who usually don't care about prices and will buy whatever they want without looking at the price. They become like that because they don't know that making money is difficult for some people. These children are too pampered because everything is available, be it money or whatever, because their parents are rich. But I'm sure the child's parents will always look at prices even though they are already rich. Because he knows how difficult it is to build wealth.There is nothing wrong with them enjoying their parents' wealth, but if they continue to use it casually it needs to be advised because the wealth that is obtained must be an effort that must be done, so if they want to enjoy wealth they should want to work or start a business to feel the process of achieving wealth.
This also brought how to teach our children how to preserved money and becoming more economical with any amount we have given them, most children doesn't care what amount they spent outside there and this doesn't show a good example that they can hold any wealth left in their custody if they don't plan to reduced their ways of spending on luxurious things or even without pricing whatever they comes across in the shopping center or mall. Most times we their parents would say I don't want my children to suffer or have any challenges at some point of their lives without knowing we are giving them the wrong steps to follow in life. Do you know that becoming more careful in your spending depends on the training your were given by your parents back then and this is depending on how they treat you and groom you up to learn in hard way instead of living wasteful life, so why can't we teach our children that way of life.
Price tag not always show how rich you are. Some who are rich people they always like to wear normal dresses not to much expensive and they didn't wast their money. Some people we have in our society they belong from middle class family. They wast their money to buy expensive outfits and other accessories. If you are thinking the expensive outfits wear person is rich then is it right ? That's the reason being rich not look at price tag.
I often read people saying they want to earn enough money so they don't have to look at price tag of product. Imo, even if you are rich you wouldn't want to spend money on things that are not worthy of price being paid.
You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
these have lots of meanings, when you have less money you can't do a lot of things since you have to think of the rent and bills every month, what they really mean is that when you are earning enough you don't have to think twice on taking things unlike when you have less.You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
Rich people really think everything before they spend, because they don't wan't to make mistake that will cost them their fortune.
This is another concerns with people when they go for shopping most times being rich doesn't mean we shouldn't look at price because the money is there or we have enough funds to foot the bills that is to crown it up most rich people are the ones who always loves bargaining price when they go for shopping or found themselves in market. some people made their money in hard way and they have decided to utilize their money amicably that is what most rich people hardly give out to people that are in need of help.
But there are also many people who, as they get richer, become more careful in looking at prices and determining value. Usually rich people with business backgrounds always care about prices. Because maybe they have been used to it since before they became rich. But for children who have rich parents, these are the ones who usually don't care about prices and will buy whatever they want without looking at the price. They become like that because they don't know that making money is difficult for some people. These children are too pampered because everything is available, be it money or whatever, because their parents are rich. But I'm sure the child's parents will always look at prices even though they are already rich. Because he knows how difficult it is to build wealth.There is nothing wrong with them enjoying their parents' wealth, but if they continue to use it casually it needs to be advised because the wealth that is obtained must be an effort that must be done, so if they want to enjoy wealth they should want to work or start a business to feel the process of achieving wealth.
I know a few people in my local area who have illegally acquired many assets, I have seen them spend excessively on unnecessary things and Can't think twice about product pricing. But for those who have worked hard, made sacrifices, and put in the time and effort to earn their money, every dollar is worth it. They understand the real cost of things and are more aware of their spending. They know the feeling of seeing their hard-earned money slip through their fingers, which is why they're more likely to look at price tags and make informed decisions about their purchases. This understanding of the value of money comes from experience and hard work and is something that cannot be taught or bought.
This is another concerns with people when they go for shopping most times being rich doesn't mean we shouldn't look at price because the money is there or we have enough funds to foot the bills that is to crown it up most rich people are the ones who always loves bargaining price when they go for shopping or found themselves in market. some people made their money in hard way and they have decided to utilize their money amicably that is what most rich people hardly give out to people that are in need of help.
But there are also many people who, as they get richer, become more careful in looking at prices and determining value. Usually rich people with business backgrounds always care about prices. Because maybe they have been used to it since before they became rich. But for children who have rich parents, these are the ones who usually don't care about prices and will buy whatever they want without looking at the price. They become like that because they don't know that making money is difficult for some people. These children are too pampered because everything is available, be it money or whatever, because their parents are rich. But I'm sure the child's parents will always look at prices even though they are already rich. Because he knows how difficult it is to build wealth. 
If you are rich and you are new to a place, you will want to know the price of what they are selling. But if you are not new to a supermarket or shopping mall, you may not ask for the price of what they are selling. Some people buy some goods and if the estimated price is not too much, they will pay. It is just true that poor and average cares more to know about the price of what they are buying than the rich people that just go for total price of what they bought.
Some guys both old and new they see it not necessary to ask for price. because they believe that before coming to the super market they have vowed to pay any price because they have the money. Some alway go for the expensive ones, so as when they are back from the super market dey brag or bost about the amount they spent on there clothes, where as they had the opportunity to price the commodity, but choose pride over lesser price. rich kid always want there own thing to be the Best. Even if two things has thesame shape and colour they will choose one and pay higher, to let you know there own is special than yours. That's why business men and women always take advantages of their ignorance.
These words are just jokes or motivational words, just like the sentence "work as if you will live forever".
but I am the type of person who will not buy an item if the price is not appropriate or unreasonable. for example, if eating for $10 can make you full then why should you spend $100. It's not uncommon for me to see someone buy a bag for $10k, even though for $100 he could also get a bag with the same function. but I realize that everyone's mindset is different, as long as he gets money in the right way it doesn't matter to me.
but I am the type of person who will not buy an item if the price is not appropriate or unreasonable. for example, if eating for $10 can make you full then why should you spend $100. It's not uncommon for me to see someone buy a bag for $10k, even though for $100 he could also get a bag with the same function. but I realize that everyone's mindset is different, as long as he gets money in the right way it doesn't matter to me.
There is nothing wrong with buying things like that or food that costs that much, there are people who work to buy what they want, eat what they want and buy or give their family a good life. There is nothing wrong with what you said because that kind of mind set is common, to save money or something else. But I think sometimes you should also try to treat yourself, give yourself a gift because you deserve it.
the thing with managing money is really hard, i mean the topic could be very well saying that being rich means not looking at price tag but that only happen when they are buying some stuff thats definitely so cheap they could afford it without thinking but what about some expensive stuffs like private jet and many more would they still not looking at price tag I doubt that.
its matter of how expensive the stuff is, after all rich is relative, you can consider yourself rich and well off when you can buy house and car, but some rich people might consider that just middle class.
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