Being rich = not looking at price tag - page 10.

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Quote from: libert19 on November 10, 2023, 06:30:22 AM

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.

Every rich person know still looks at the price tag. That's part of the reason they got rich. Price doesn't prevent them buying the thing, but they will definitely try to get it cheaper from somewhere else.
Also, they don't just buy any products but products that last. Richest one i know doesn't even do fine dining himself. He buys that to his partner though.

But i admit that in the grocery store, it's huge advantage that you don't need to count your money and compromise as you can't afford everything you need.

Winterfrost

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I wont stop looking at the price of good, even if i start earning six figures monthly. Am not worried about giving the seller/customer attendant a tip but irrespective of how much i earn i wont spend money on things that are not worth the price. Generally, people who builds wealth have a belief of not spending money unnecessary and they are very calculative with their spending habits and priorities their investment and saving goals. For some reason careless spending can lead to lack of funds. This is because if the income is low and the spending is high there will be a time when the money will be exhausted during the month and you start asking friends and colleagues for raising or lending.

Yamane_Keto

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In series and movies, the rich have a room with clothes, cosmetics, and other things that will be used once, so even if they thought about reading the price, it would be out of curiosity, not the ability to pay, and many people believe that not being able to pay for something is an indication of poverty unless You had the money to buy that thing and you decided on your own not to buy, which rarely happens.
I cannot blame anyone when I see my friends paying $500 in the first two days of receiving salaries to feel rich.

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Quote from: libert19 on November 10, 2023, 06:30:22 AM

You wanna look at product and then it's price, if it's worthy of price, you purchase the product.

This depends. There are people who only concern themselves with the product but not the price and this is not only about being rich but what you want, your class or level, taste and fulfilment. So it is not only rich class that consider the kind of product they want to go for, even those poor have some who still go for the kind of product they want mindless of how much it cost.

So our fulfilment and comfort matters too in the decision of the product we want. There is something about good product, it always give you the better aura you want, it is durable and can stay longer than cheap and inferior product but however, we should go for what we can afford and comfortable with.

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Quote from: libert19 on November 10, 2023, 06:30:22 AM

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.

Exactly my point of view. I always try to find the best product and then look at the price. If the price is out of my budget then I try to look for the one quality that I can afford to buy. It is just one of the myths among the lower class people that rich people won't look at the price tag. What rich people don't do is bargin for price for a product. If they like the product's quality they pay the price if it's reasonable.

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Random topic. Anyway, you cannot generalise rich people like that because some rich people definitely spend their money without caring much about its price while some others check if the product is worth the price as you mentioned.

Also, the worth of a product is extremely subjective. For example, an old classic Pokemon card could be useless to some while it could be treasure to someone else.

Latviand

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Quote from: libert19 on November 10, 2023, 06:30:22 AM

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.

Totally agree, can't really caught spending money on things that don't return value, style or impression on me. Choosing the product you're buying should at the least be able to help you elevate yourself in terms of the 3 things that I've mentioned before, if it doesn't help then don't buy it. If we're basing solely on that phrase or motivational words then it's really correct and logical because rich people are the kind of people don't look at how much they're spending, and being rich should mean that you've got a lot of money. To me, the full motivational should be "Being rich=not looking at the price tag no matter the cost as long as it provides value to you positively overtime like watches and baseball cards."

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Quote from: libert19 on November 10, 2023, 06:30:22 AM

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.

The saying that one wants to get rich until he stops looking at the price tag shouldn't be interpreted based on the grammatical meaning because it is figurative. It is used to explain that you want it to be rich so that the price of anything you want will not impede getting it. I don't care how much I might have accumulated but I will never stop considering the price of any item to ascertain if it is worth the price. Buying things without considering the price might be a sign of affluence but it could also lead to waste. Nevertheless, the general assumption is that the poor consider the price of any product more than the rich. But some rich folks can be very economical that they always want the best price.

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Quote from: libert19 on November 10, 2023, 06:30:22 AM

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.

What they mean is that they want to earn enough money not to concern themselves with the price of anything they like because they can afford it and any other luxury that they desire.

Quote from: libert19 on November 10, 2023, 06:30:22 AM

You wanna look at product and then it's price, if it's worthy of price, you purchase the product.

Very rich people do not always buy things because it is worth the price, they buy things because they first like it.

You can sell a plain white t-shirt to a rich man at a price different from what you will sell to someone in a lower financial class. To the rich person, they may not care about the cost because they really like the T-shirt and need it, but a person who is not so rich will think twice and want to try to get something cheaper if he perceives that the T-shirt is too expensive for him.

Rich people who are very calculative in spending are the rich people who worked hard and hustled to be where they are, rich people who were born into wealth calculate less because they have no idea what it means to struggle.

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Quote from: knowngunman on November 10, 2023, 10:46:44 AM

To start with, is there anything like enough money? Well, it will depend on individual opinion. No matter your worth, it's unwise to spend recklessly. I use reckless because spending too much money on something that doesn't worth the amount is reckless spending. I personally don't like to argue too much when it comes to pricing but before I will succumb to pay, the product will definitely worth that amount or slightly higher if I want to be generous but it can not be double of the exact amount. No matter how cheap a product appears, if it doesn't worth it, I won't still buy it. Money is meant to be spent but wisely.

If you're rich, you don't need to feel anything to lose when you order a whole pizza everyday. If you're not rich, you're still able to buy a whole pizza everyday, but you will think twice whether it's a good decision to spend it to buy pizza or look for another cheap food. Usually we're think about money we spent to working hour, if you get paid $5/hour and the pizza cost $5, you will think if a pizza cost a hour.

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Quote from: libert19 on November 10, 2023, 06:30:22 AM

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.

To start with, is there anything like enough money? Well, it will depend on individual opinion. No matter your worth, it's unwise to spend recklessly. I use reckless because spending too much money on something that doesn't worth the amount is reckless spending. I personally don't like to argue too much when it comes to pricing but before I will succumb to pay, the product will definitely worth that amount or slightly higher if I want to be generous but it can not be double of the exact amount. No matter how cheap a product appears, if it doesn't worth it, I won't still buy it. Money is meant to be spent but wisely.

cafter

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This applies to buying small things to meet our family's needs. for example: imagine you are at a store/mall, and your daughter sees a barbie doll she wants. If you don't have much money (lower middle class or low income), you might have to say, "no, it's too expensive." which means you need to be rich enough that you don't look for price tags, if your wife or family member need something,
you can give it to them without arguing much about the cost.

bayu7adi

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Is it maybe because I haven't reached the 'rich' level yet? because, all this time, I still check the price tag for every item i buy, even if it's something inexpensive. I like to compare prices for every product being sold, of course, based on the features and advantages they offer. I don't always go for the cheapest option because the cheapest ones usually come with something bad and can't actually help me save money.

And for basic needs, I always go for original products for the sake of quality. Of course, from less-known brands due to price considerations. It doesn't have to be cheap... what matters is that it's original and prioritizes durability.

Iroh

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Is making purchases without knowing or checking the price of some products seen as a rich thing? One thing is for sure, the price of a product is one thing that’s always talked about in a trade. Even billionaires are aware of the price of their latest yacht. Some even seem to be proud of its build and worth and flaunt its price every opportunity they can get.

Although, there are some people that actually can’t be bothered about the price of goods whenever they go shopping. They are certain the total amount of the purchase won’t make a budge in their pocket.
It’s sad that people go to extra lengths to let the society know how rich and wealthy they are while living hand to mouth in reality.

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Quote from: libert19 on November 10, 2023, 06:30:22 AM

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.

I think that the richer you become, the more responsible you need to be to use the things you earn to help others. I don't want to spend money on things that I don't really understand in their true nature. Yes, there are many luxury items that I consider meaningless and that only cause waste. But that does not mean that its value depends on all recognition, it has its own object for that need, and when we no longer care about it, it does not affect its continued existence.

In some aspects of spending, perhaps many people do not understand that their behavior is programmed by someone, and they also do not understand whether owning those things really brings value to themselves. . Yes, competition for material things, and self-expression,... is part of the waste, even if someone has a lot of money, are they the ones who can buy the whole universe? Remember that the truth is that money (material) is just a tool that connects us together, bringing solidarity and love, not conflict, which from ancient times to the present has been easily overlooked and bound by many prejudices in society, and many people still blindly make money to serve their personal desires.

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Quote from: DeathAngel on November 10, 2023, 09:51:22 AM

I will always check the price & I don’t think that will ever change. I mean sure, I won’t be panicking about my future prospects when it dumps from 300k per coin to 100k or something in the future but I will always check the price regardless of how wealthy I am. I probably check the price 20 or 30 tikes a day at the moment & even more than that during peak bull & then peak bear markets.

Did you read post?

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Quote from: libert19 on November 10, 2023, 06:30:22 AM

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.

I believe the real meaning of it is not literally. Imho the real essence of that quote is you are rich when you are not thinking much that you will spend no matter how much is the worth of that specific item as long as you really needed it. It’s really dumb buying something without checking how much is it because how are you supposed to pay it even if using credit card.

People that is not rich typically consider price first before their personal desire to that specific item. If they feel that they can’t afford then will skip even though they really need it.

rat03gopoh

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I've never read such desires even from someone poor with their rich fantasies. Being rich doesn't mean being stupid, or that is how they'll be judged by the public. At least the'll also save money on their necessities spending to be allocated to expensive branded collection items. And even then they still look at the price tag.

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It depends on the rich individual and depending on where he is spending his money. There are places that what they sell are very expensive and of quality, in such places they don't price because it is strictly for the rich. If a rich man is shopping in such place, he wouldn't care to look at the price tag because he knows that it is a waste of time and he has already made up his mind to pay whatever amount that the cost of what is buying is. I have also seen rich men in my country, when they buy anything anywhere, after payment and they still have a balance, they always tell the sales person to keep the balance. This is how they do on everything that they are buying.

DeathAngel

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I will always check the price & I don’t think that will ever change. I mean sure, I won’t be panicking about my future prospects when it dumps from 300k per coin to 100k or something in the future but I will always check the price regardless of how wealthy I am. I probably check the price 20 or 30 tikes a day at the moment & even more than that during peak bull & then peak bear markets.

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