Topic: Being rich = not looking at price tag - page 3. (Read 1164 times)

But it seems that perhaps the richest people in the world will no longer look at the price tag when shopping for something that falls into the daily necessities category. They will only be interested in the price of limited edition items with high value.

But this term might also describe the life of someone who already has complete financial freedom. Where they no longer need to work to make money. Because they already have many companies that are managed by people appointed by us. which are spread throughout the country. And our account continues to be filled with incoming transfers. But is there really such a thing?

Even now, many people, particularly in civilized places, continue to do so. Where people are looking for a method to make a living,
Of course, because we want to survive despite the fact that we are not wealthy, we will not waste money without a sense that we need to.

And it's natural for those of us who aren't wealthy to consider the price; even wealthy individuals, I believe, do so because they respect the money they make.

That mindset by the people you read shows a wrong approach, the one a person focused on consuming would show. If I was rich, I wouldn't want to spend more than what is good, independently on being worth the price asked or not. Just look at how calm and happy are minimalists. I don't mean to get to such an extreme, but to a balance between that and the other one, more obvious, followed by the majority.

Most people think: if I was rich I would buy... but only a few think: of I was rich, how happily would I live being financially free, and how many people would I be able to make happy too...

People without looking a tag don't care too much about the money because they afford it already but some of them have a different story, some of them are already rich enough so they dont take too much affected on the price, and some of them just really care about the hard work earned money so they spend those wisely because they know how to get give time and effort to have this amount. It depends on the person how they handle their money its nothing if you are rich now but you are not financially literate soon if this continuously happens spending not wisely they will lose that money I'm not saying this always happens but it happens.

Not being worried about the price  of a product does not mean you won’t have to know how much you’re paying for the product.
When wanting to purchase something from a buyer, the price of the commodity is something that’s not easily overlooked. I think most people irrespective of how wealthy they are, would want to know how much they’re paying for a product.
Following your logic, can someone  be considered poor or average if he decides to check how much the product is worth?

You’re probably not being serious about the bet but you shouldn’t be in a hurry to place bets without first knowing your chances.

maybe but if you are very rich and want to buy clothes or food maybe you won't look at the label or price before buying it because if we are very rich everything will be free unless we want to buy a business or build a business we will negotiate as cheaply as possible.
That's how rich people I know work

And we know that there are indeed people who are really that liking to shows off or want to impress other people and there are ones who doesnt really care about other peoples views as long they do have that money or richness on which its something that cant really be taken from you if you are really just that sensible on what you are spending. There are ones who doesnt mind about on how he/she spends because they do know that they can really be able to afford. Its not really that bad on having those kind of behavior as long you would really be that responsible when it comes to spending because buying up something as a form of some
sort of reward into yourself wont really be that bad.

Just be sure that you are really just that everything should really be on moderation so that later on, you wont really be finding yourself on great problem or issues with your financial.
If you could afford it, then buy it but its not also bad on having those kind of consideration on trying to look whether its really that worth on buying or already that excessive or not.
It would really be that impossible that you cant really be able to assess whether it would be viable or already that not relevant or already that too lavish on spending.
Well, yes its your money but we know that there's no such thing about unlimited into this world, this is why you should really be that careful.

The choice of many rich people is due to the need for job specifications, they buy things such as perfume according to their needs, perhaps because they don't feel confident if they use cheap things because of the influence of their circle, even if they go to a food theme, if they go to a restaurant, they choose a luxurious design. The downfall of those who are rich is that they sometimes prioritize prestige because they have to use luxury items and when eating, the variety of food must be extravagant and the choice of place is also exclusive.

So sometimes what they do is a bit excessive if we look at it. But personally, when I buy certain items, I pay attention to their use and quality, if the price is right, I buy them.

That's right, a rich person can buy everything he wants regardless of price, no matter how expensive he will buy it if that is what he wants, but again most rich people will not spend money carelessly because basically rich people are people who are smart at managing finances so they will be clever in organizing and controlling it.
However, the impact will be on those who pretend to be rich or want to look rich by buying expensive things so that it will be detrimental to themselves.

I think what they are trying to explain is that you won't worry about the price of things, even when it is expensive you can easily afford and again when you are rich your taste changes, this happens naturally but the problem most people have is that they start accumulating liabilities instead of increasing their assets, this is how most of them end up losing their wealth because they end up in debt and won't be able to pay it back

Therefore, they work hard to become rich because they realize that this is difficult for anyone to do unless he or she has been good at doing business for decades to build great wealth.

Looking at product labels is important because if you don't pay attention to this, it will be easier to be deceived with clear products but high price tags, so those of us who know will feel annoyed with what we experience, so whoever is rich or ordinary people who have mediocre money looks at the label is certain because they will see the price comparison and other products.

Not a few with that case even many rich people are always selective in choosing their usual products, rich people are smarter in choosing products at the right price.

There are even those who are willing to pay high prices for goods that they don't need, yes... that's a hobby. Someone who has a hobby will easily spend money for their pleasure, they pay a lot of money for their pleasure, it's worth it, isn't it? Seems unwise, but I don't blame it. Even though they have paid attention to the price tag before, their sense of not minding paying a lot for what they want is still at a normal stage, and their hobby will not last a lifetime (in my opinion).

If we don't feel like we are rich, it's a good idea to always consider the usefulness of goods, quality and price when buying products. Also adjust the ability of our human resources to use the product. The price tag matters to people who aren't yet rich, and it doesn't matter to some people who are already very rich.

People often have some thinking through which they make their ideas like I say that when we are going through some difficult situation and passes by it then as this time there must be a help needed and we call for other to help us in that difficult situation. Same there are many people who still have money and they they achieve all the things which they want whether it has even a very high price and even no one can buy it. But when there are a person habit and a person follow its best then only he can achieve that and can take it alone.

I believe that you just need to save and this will give you success in terms of savings. And this is explained by the fact that there is a principle of Compound Interest. You save and multiply the deposit, right? This means that every dollar spent now will not allow you to get $ 10 later. Which, in turn, you could then turn into $100.

So you need to earn money, but at the same time you need to save a lot.
As people say, you need to observe the golden mean, balance.

Yes that's right, in terms of finance it really depends on a person's personality and character that he has, there are rich people who really value their money by not being too excessive in terms of buying something that is not really important to them, and also there are rich people who really like to squander their money even for something that is not really important, I think it's no harm and really out of the control of others because obviously they have freedom in terms of choosing something they want even though basically it's not entirely the best thing to do.

For the second point that I said above is none other than because maybe they think that they have considerable power in terms of finance, so maybe what they do is as a form of appreciation for the financial achievements they have managed to achieve even though basically it is not very good to do. But in general, in my view, usually rich people will be more considerate when they want to spend money, one of the reasons why they can reach the point of wealth because they have very good financial management, and with that it is only natural that they can achieve this wealth, and yes that's right friends, usually rich people prefer to allocate their money for positive things and the point they think is how to make the money grow and generate a lot of profit.

I agree, it really depends on the person on how they spend their money. But some of them are the same as the second you mentioned. Rich people spend wisely, they only use their money for the things that can bring them money, and also for their daily needs.

It depends, I guess.

Lot of rich people don't bother about the pricetag because they can afford it even though they just want it. They don't care about a certain thing, if they want it, they'll buy it, simple as that. They have that kind of mindset since they have plenty of money to the point where they don't know where to spend it anymore. Pricetags at supermarket or in any luxury shop is just a normal thing to them, they don't even bother looking at it.

But there are few rich people who don't really like to spend their money on random things, they like investments and businesses, so they can have more money to spend on things they wanted to have in the future.

  That's also what I know about most of the rich people, and of course for them, every cent they spend is too much because they know the hardship they went through before they reached the success of having financial freedom.

  Maybe the other rich people who don't look at the price tag anymore are the children of the rich who were born really rich because they haven't really experienced how to maintain the wealth that their parents have; they don't have that yet. Maybe they think that's why they don't have the price tag because all they know is that their parents are rich. You know what they want to point out.

Totally depending on someones personality imho, we do know that there are even people who arent even rich would really be loving to show off on whats new into them and there are really indeed people like that
without even trying to realize that even those millionaires around would really be just simply loving on wearing up simple shirt and shorts without much those jewelries or whatsoever unlike into those people
who do really love on showing off. On the time that they've been able for someone to overtake out about their posession then they do usually get angry or getting annoyed. This had been already a common
behavior as of this moment and its not something that you could really be able stop.

As a rich person then it would really be that normal that you would really be that always skeptical on buying things without having any real purpose or something that could really be beneficial on your part.
This is how real rich people would be thinking and not into those wannabes who do really just love for them to be called rich but on the time hits that financial problems
then this is where they would really be usually whine and would really be that tending to explain that they shouldnt have done this or done that.
Though it would be depending on you since its your money then its just normal that you would be having that full control.

Its interesting how you think about wealth and how you can tell the difference between real wealth and showy wealth. Indeed, getting rich isnt just about getting more stuff; its also about using what you have wisely. What makes you truly rich is not just what you own, but how you think about things. Real estate and rare collectibles are good investments for the future because the rich know how valuable things are that go up in value over time. However, people are often pressured by their social groups to show off their money. Genuinely wealthy people dont give in to this. They know that real wealth isnt just flashy titles, but also stable finances.

I agree that buying fancy products on credit is a sign of showy riches. Its more about keeping up appearances of wealth than actually having a lot of money. What is the most important thing to remember? Managing and growing your wealth is more important than just spending it on nice things. Real wealth isnt just flashy money, its smart spending.