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Author Topic: Being rich = not looking at price tag  (Read 1164 times)
angrybirdy
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November 12, 2023, 08:36:55 AM
 #101

Most rich people and poor people, when buying a product, always want to know the price and quality of the goods they buy first, because by knowing the price we can measure our capabilities and manage our finances so that our finances and economy can be maintained, and I see that most rich people are always full of calculation and caution. and rich people can become rich because of their good and always thorough calculations.

But rich people also vary depending on their wealth situation.

but of course in this case it depends on the situation and conditions because there are times when when we are busy or urgent we forget something that should have been researched before buying and in the end we don't pay attention to it.
I agree with your statement, Most rich people tends to calculate and has a budget list for all of their expenses so they will track if they are overspending or not. Not to brag or what, but some people often buy things with higher value and good quality because they believe that it's okay to spend and to invest in a quality product at one time purchase rather than Cheap price but in the end, there's a big chance to purchase multiple times which results a much higher price if they will calculate the total overall money that they spent in that product.



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November 12, 2023, 08:46:00 AM
 #102

Well, to look past the price tag, you'd probably have to be very rich. Or be stupid. Money tends to run out quickly. Anyone who owns capital understands that money should always bring profit. Simply by spending it, it will disappear as desires can quickly increase. Therefore, a normal rich person will know the price of what he wants to purchase; of course, we do not consider those little things that seem important to us, ordinary people. But things like buying real estate or a business always require careful consideration of the cost. And from here we see the concept that rich people will always get richer. And those who do not know how to manage money correctly will go bankrupt very quickly.
Money tends to run out quickly, only for a person who don't know how to spend it wisely. Money that we spent might have disappeared but most of the times it was only being replaced by a product that we now owned, and these products can still be valuable. Rich or not, all are aware of how much is the price of what we are going to purchase because there will always be a price tagged on them.

Little things are actually the ones who are being considered the most, especially if they are seem to be important for us. When I say little things, I don't totally mean the size but also the price because there are also little things (in size) but the price is pretty much expensive. In terms of investing, only those who are wise will consider different factors but if not, they will rush, making things complicated later on.

It's true that money does tend to run out quickly, and yes it depends on the person too, sometimes there are people like that who feel they have a lot of opportunities when they have a lot of money, such as for example they feel they have the freedom to buy whatever they want whether it has a positive impact or even that is not useful at all, of course people who cannot use money properly usually do not bring any consideration before deciding to use the money. There are people who allocate the money by exchanging it for goods that have value or even those that have the potential to have greater value in the future such as the kind of goods that like to be made as investment assets, and there are also just ordinary valuables that have no development in terms of their own value (no change in price at all).

One of the reasons why rich people are getting richer is because they have a different mindset and point of view towards money, in my opinion they will not judge from how important the item is but they see from whether there will be potential benefits if they buy the item, such as buying some assets that can be used as investment material and resold at a rate of profit several times in the future. As you said that rich people or smart people in terms of money they will look at various sides before finally deciding, they will not be too interested in putting money or buying money on something that absolutely cannot grow or potentially provide greater returns.

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November 12, 2023, 09:01:29 AM
 #103

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.

As it is just a type of proverb that people have made about their rich feelings. For example a person wants to earn enough money so that he can pay any type of bills whether in any restaurant or anywhere he wants he have enough money to buy a thing he likes and he wants. So it also depends on the person hoe and where he utilize its money.

Lot of people have this type of issue that they really like to have money but can't struggle for it as they don't want to carry burden on their neck which is their mistake.

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November 12, 2023, 09:28:49 AM
 #104

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 become truly rich for any person, buying something without looking at the price really requires very hard work, of course someone needs to rotate their business or add to their business to increase their income, even if it continues to grow, it's good that it takes a very long process in his life.



It also depends on the person, there are also many people with a lot of money who buy the newest and most luxurious things without bringing anything important. some are simple, it all depends on your mindset.

I myself always buy products by looking at the quality. If the quality is good then the price is not a problem because the price is not a benchmark for whether the product is quality or not. Don't be a consumptive consumer, buy what you need, not what you want.
It's true what you said, people have different views regarding buying a product, I do the same, when buying something I definitely look at the quality of the product, buy according to the function, not because of the prestige of the item.




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November 12, 2023, 09:32:22 AM
 #105


That is if the buyer is intelligent enough to know that thing.
Rich people don't buy rich things. If I'm rich, why would I spend my money buying something that's very expensive where I can buy a cheaper one on the other store. It's called "being practical."

I guess I'll just assume that the term "they don't have to look at price tag of product" as some kind of metaphor, but still it's kind of non-sense. Cheesy I mean who in the hell will buy something, and will not look at it's price tag. Cheesy For the newbies out there who thinks like this, maybe it's time for you to wake up, and realize that whenever you're rich or poor, you will always look at it's price tag to know the price. Just pure common sense Grin

All people look at prices, but the rich can afford to buy the things they like, even if they are really expensive. They enjoy buying something in expensive stores, simply because it emphasizes their status.

But there are also very rich people who do not need this, when they may not spend a lot of money on clothes or cars, but will spend it on some of their hobbies. People have different values, and some will want to show their status and their wealth, while others will not care and will be able to buy clothes in a regular store and their status will not bother them.

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November 12, 2023, 09:33:05 AM
 #106

For example a person wants to earn enough money so that he can pay any type of bills whether in any restaurant or anywhere he wants he have enough money to buy a thing he likes and he wants. So it also depends on the person hoe and where he utilize its money.
You simply described the same situation in two different phrases. What difference does it make what a person spends money on if that’s what he wants?

If one wants to hire a prostitute, and the other wants to fly to Fiji, and they both have money, then in fact they are simply fulfilling their desires.
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November 12, 2023, 10:02:39 AM
 #107

I think every rich person will definitely look at the price tag for every product he will buy, they will not be stupid by doing actions like this, never do that because we have to be smart to find products that are in line with the price tag.

Even when buying a product, I always look at the price tag and compare it with other products and continue to compare advantages even though I am rich, having a lot of money does not mean that I have to spend money just like that, there must still be control where they also purchase products, of course we will people like this are nothing more than a fool.

I see some rich people around here, which we assume he has a lot of money they always choose goods and according to normal prices.

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November 12, 2023, 10:05:33 AM
 #108

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.

Is a two-way thing, there are rich people that don't look at the price of goods or products whenever they want to buy something, I've seen some videos of Michael Jackson when he was alive, going to a shopping mall and pointing at every product he needs and they loaded it for him without looking at the price tag.

There are also rich persons that are very prudent with their spending habit, that whenever they go out for shopping they take out time to check the price tag of each product they want to buy, so they won't spend extravagantly. at this point, you see that there are two classes of people.
So you can choose to spend your money however you wish if your rich, because I feel is a mind set thing.

The two examples of people you gave are very true. In addition to these people, there are also rich people who don't buy expensive things. There are rich people who avoid brands and have only one style. They usually wear solid colored black or white t-shirts or shirts. Many of them don't know the brand name. Maybe these products are very expensive, but at least the brand is not clearly visible on them.

This is also related to the perspective of wealth. It has a lot to do with how you are brought up and whether you are born rich or whether you acquire wealth later. Even among rich people there are many differences in lifestyle. I think being rich is something that cannot be explained in terms of shopping.
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November 12, 2023, 10:20:35 AM
 #109

I think you have misunderstood the overall thing. People who say this thing don't mean the literal meaning of the sentence but it means that they want to have enough money so that they can buy anything that they like, and not that they don't want to know the price of care if the product they are buying or care if it's worth the price or not. So, someone who says this to you or writes it somewhere just wants to say that they want to have a lot of wealth in their life.

Therefore, we shouldn't describe the term this way. I also want to be in that position someday in my life, I mean, who doesn't want to have enough money so that they can have financial freedom in their life? To have everything and also be able to do anything they want to do in their lives without worrying about money or anything else.

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November 12, 2023, 11:21:03 AM
 #110

I think you have misunderstood the overall thing. People who say this thing don't mean the literal meaning of the sentence but it means that they want to have enough money so that they can buy anything that they like, and not that they don't want to know the price of care if the product they are buying or care if it's worth the price or not. So, someone who says this to you or writes it somewhere just wants to say that they want to have a lot of wealth in their life.

Therefore, we shouldn't describe the term this way. I also want to be in that position someday in my life, I mean, who doesn't want to have enough money so that they can have financial freedom in their life? To have everything and also be able to do anything they want to do in their lives without worrying about money or anything else.
I agree with this, it's just that some people tend to say that they don't look at a price tag while buying something means they can afford everything they want to purchase without being concerned about the total cost. I've always hear that qoutation in some youtubers with a grocery haul content and I was thinking how rich they are because they can afford to buy without looking the prices and quantity of the product that they put to their baskets.



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November 12, 2023, 12:02:43 PM
 #111

I think that phrase shouldn't be interpreted in full literal way, that's a saying which supposed to mean that people are rich when they have all the money they need to spend on everything they want. But that doesn't mean that being rich will make us less considering the value of anything that we bought, in fact being rich will make people more critical about the items that they want to buy, rich people won't buy anything that they consider as overprice.

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November 12, 2023, 12:10:10 PM
 #112

I think that phrase shouldn't be interpreted in full literal way, that's a saying which supposed to mean that people are rich when they have all the money they need to spend on everything they want. But that doesn't mean that being rich will make us less considering the value of anything that we bought, in fact being rich will make people more critical about the items that they want to buy, rich people won't buy anything that they consider as overprice.
Now I agree with this, not everything can be interpreted into its true meaning, sometimes there are proverbs that represent something and we have to translate them. Just like "not looking at price tag" for example, it's like a figurative sentence for someone who has a lot of money, or in other words, whatever the price is, they will be able to afford it.
Literally, it's not wise if we translate it and don't dig further into what it means. But when we dig deeper into the meaning, we will be able to know what is meant.

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November 12, 2023, 12:15:27 PM
 #113

Rather than spending money for luxurious things, they can spend it to stack bitcoin and with more stacks with time, with good patience and belief to hold bitcoin, they will get rich.

You are privileged to learn about Bitcoin, but some people are not, and even if they have heard of it, they could still be among those who are very skeptical about Bitcoin. If it's also someone who has been stacking Bitcoin for a long time secretly and later made some huge profit from Bitcoin as a result of the bull market, of course some of them will definitely spend on luxurious stuff. Everybody is not the same. Some people spend conservatively even when they have a deep well of money or a source of income, but they still spend with consciousness. But some people, too, are not really rich, but they spend lavishly. That's to say that it's always different for everybody.

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November 12, 2023, 12:40:27 PM
 #114

I think every rich person will definitely look at the price tag for every product he will buy, they will not be stupid by doing actions like this, never do that because we have to be smart to find products that are in line with the price tag.

Even when buying a product, I always look at the price tag and compare it with other products and continue to compare advantages even though I am rich, having a lot of money does not mean that I have to spend money just like that, there must still be control where they also purchase products, of course we will people like this are nothing more than a fool.

I see some rich people around here, which we assume he has a lot of money they always choose goods and according to normal prices.
Depend on kinds of rich person, some time many richest person always protecting to see price tag and many of them not really interested spend their money for shopping and thing with investment only. Actually have rich person not really looking at price tag depend they have wear branded shirt or any thing most luxury, they know about price some product and not really looking for price tag depend their shopping activities with most branded product.
Have some rich person prefer with spent their money for goods and product with normal price, I don't know some of them want to be more simple with their fashion style or won't spent their money for anything not have values as investment assets will increase up in the future, based on my experienced saw many rich person won't to spent their money for not really important yet.

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November 12, 2023, 12:45:17 PM
 #115

Most rich people and poor people, when buying a product, always want to know the price and quality of the goods they buy first, because by knowing the price we can measure our capabilities and manage our finances so that our finances and economy can be maintained, and I see that most rich people are always full of calculation and caution. and rich people can become rich because of their good and always thorough calculations.

But rich people also vary depending on their wealth situation.

but of course in this case it depends on the situation and conditions because there are times when when we are busy or urgent we forget something that should have been researched before buying and in the end we don't pay attention to it.
I agree with your statement, Most rich people tends to calculate and has a budget list for all of their expenses so they will track if they are overspending or not. Not to brag or what, but some people often buy things with higher value and good quality because they believe that it's okay to spend and to invest in a quality product at one time purchase rather than Cheap price but in the end, there's a big chance to purchase multiple times which results a much higher price if they will calculate the total overall money that they spent in that product.

That's right, because most of the rich people still value every single cent of their money; that's how they give value to money, to be honest, something that other people who are not rich but feel rich don't do to be honest.

But these rich people are very careful with their money because they have worked hard for it, so that's why they really value their money. This is what I have seen in other rich people in this world.



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November 12, 2023, 01:41:53 PM
 #116

All people look at prices, but the rich can afford to buy the things they like, even if they are really expensive. They enjoy buying something in expensive stores, simply because it emphasizes their status.

But there are also very rich people who do not need this, when they may not spend a lot of money on clothes or cars, but will spend it on some of their hobbies. People have different values, and some will want to show their status and their wealth, while others will not care and will be able to buy clothes in a regular store and their status will not bother them.
Those who have enough money will find it easier to get something they want without thinking about price and even most of those who have a lot of money will choose items that are expensive because they want goods with good quality.

Yes, there are some rich people who don't use expensive things because they see things that suit their needs and also don't use things they don't need. Of course people like this don't want to show that they have a lot of money because they prefer to live simply and This will really depend on a person's personality.
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November 12, 2023, 02:48:39 PM
 #117

I see a lot of conflicting opinions on the subject but the truth is that in my personal experience, since I have improved my financial situation a lot, I don't look so much at prices. I still have some control but I can spend more than I did years ago and at the same time save and invest more.

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November 12, 2023, 03:04:46 PM
 #118

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.

As it is just a type of proverb that people have made about their rich feelings. For example a person wants to earn enough money so that he can pay any type of bills whether in any restaurant or anywhere he wants he have enough money to buy a thing he likes and he wants. So it also depends on the person hoe and where he utilize its money.

Lot of people have this type of issue that they really like to have money but can't struggle for it as they don't want to carry burden on their neck which is their mistake.

being rich people is about being people who are comfort at spending money. if you are not comfort at spending money, you are not a rich people even if you have 1 million dollars income per month. this doesn't always means being comfort at spending on expensive products, but any price of products. people actually see products on its values, price tag is just commercial aspect that has become a prestige for some people. people would buy products they need whatever the price, because the need is basic value for some product.

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November 12, 2023, 03:15:44 PM
 #119

being rich people is about being people who are comfort at spending money. if you are not comfort at spending money, you are not a rich people even if you have 1 million dollars income per month. this doesn't always means being comfort at spending on expensive products, but any price of products. people actually see products on its values, price tag is just commercial aspect that has become a prestige for some people. people would buy products they need whatever the price, because the need is basic value for some product.

In theory it is true that high prices are not deceptive in terms of quality, but from another point of view, it is also their need to fit into the lifestyle, especially for rich people. However, for the lower middle class, this is rarely followed, it's not that they can't afford it, but there are other urgent needs that they have to take care of, namely their family, meaning that they can live simply and have enough, that's enough for them.

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November 12, 2023, 09:46:52 PM
 #120

The items that the rich generally buy do not have a price tag, in fact any exclusive luxury store does not use price tags, True millionaires buy what they like... the price is secondary. Anyway, they also buy nonsense, they scam them, etc.  I don't know, your proposal is relative.

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