Being rich = not looking at price tag

[mirakal]

I guess it depends on what kind of stuff they are planning to buy. There are also levels of the rich. 7 digit millionaires might not care when shopping in a mall but they will absolutely ask for the price when it comes to very expensive cars and real estate. Most millionaires if not all cannot afford super yachts.

But even to the richest people in the world, there are still things they consider asking for the price. Elon Musk for example is worth over $200 billion but he needed partners and investors when he acquired Twitter. So it all depends on the level of the rich and the stuff they are into.

Rich people are only generous and would not mind the price tags if those items would be a lot helpful and valuable to them. Because if not, they will surely never dare buying those items even if they are just cheap, knowing they can't get any benefits from it.

However, I have also seen rich people who goes into shopping and declares sky is the limit. Obviously, they are those people who just want to overspend and have fun. And they never look at the price tags, but end up complaining with how high the amount they have to pay with such not so valuable stuffs.

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[shinratensei_]

I guess it depends on what kind of stuff they are planning to buy. There are also levels of the rich. 7 digit millionaires might not care when shopping in a mall but they will absolutely ask for the price when it comes to very expensive cars and real estate. Most millionaires if not all cannot afford super yachts.

But even to the richest people in the world, there are still things they consider asking for the price. Elon Musk for example is worth over $200 billion but he needed partners and investors when he acquired Twitter. So it all depends on the level of the rich and the stuff they are into.

Rich people are only generous and would not mind the price tags if those items would be a lot helpful and valuable to them. Because if not, they will surely never dare buying those items even if they are just cheap, knowing they can't get any benefits from it.

However, I have also seen rich people who goes into shopping and declares sky is the limit. Obviously, they are those people who just want to overspend and have fun. And they never look at the price tags, but end up complaining with how high the amount they have to pay with such not so valuable stuffs.

its more of personality i think, some people might be having minimalistic and realistic thinking only wasting their money on something that truly beneficial for them and the other rich people might be buying supreme today and dior the next day no one knows, but whats important is that they have the income that keep them from being broke despite all those things and despite becoming very consumtive then that'd be fine for them.
only problem is when someone buying something that is out of their financial capability then that will be the worst financial move ever.
so in this regard i think whether rich people looking at price tag or not, simlpy not a way to judge the financial capability of each individual since its really have no correlation with wealth at all. I mean you can be just ordinary individual with no excessive amount of wealth and wouldn't look at price tag when you're shopping at dollar tree.

[angrybirdy]

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.

I think there's nothing wrong in spending something that you deserve, as long as you have the means of buying it. Just a little token of appreciation for yourself but it is case to case basis, If you have no extra fund for leisures and wants, then prioritze all the needs only. it is always better to have something to saved than spending it to nonsense things.

[Mauser]

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.

This is not really a general thing I would say. I have met rich people who don't spend any money at all and check prices on everything. Owning multiple house and having enough money for the rest of their life and still they only buy the cheapest clothes and eat a lot of fast food. And there is the opposite, people who don't have a lot of money but want to seem rich and spend a lot to seem like they don't care about the price tags. This comes down to your upbringing and how money was generally treated in your family. Whenever I buy something there are two factors I look at, quality and price. There needs to be a strict  relationship between the two and even if I had millions on my bank account I would still check the two before any bigger purchase. It's fine to pay a high price for a product as long as it's high quality and is going to last long time. Saving money to buy a cheap product that breaks down after a few months is not going to be worth it. The same goes for expensive products that are unnecessary, just because I have a lot of money doesn't mean I need to spend it all.

[junder]

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.

I think there's nothing wrong in spending something that you deserve, as long as you have the means of buying it. Just a little token of appreciation for yourself but it is case to case basis, If you have no extra fund for leisures and wants, then prioritze all the needs only. it is always better to have something to saved than spending it to nonsense things.

Many rich people easily buy everything they want even though they don't really need it. This is not a problem if they can still afford it and not harm others, but nowadays many people impose a luxurious lifestyle to be seen by others, because the environment encourages everyone to be luxurious and of course especially young people. This has happened in my country, many of them impose a luxurious lifestyle even though others know that they can buy it by borrowing money, this is a problem, because the environment encourages them to always look luxurious in order to get praise from everyone and that praise will make them happy. in my opinion, the reason they do things like this is because of the prestige attached to them. So they impose a luxurious lifestyle by borrowing money from others. There are only a few people or easy children who appear sober and confident with what they have even though it is not included in luxury. So it all comes back to yourself who will determine how to go forward.

[Promocodeudo]

The fact is that, richness come with different types of behaviour, but I don't think this behavior is seen in everyone, some chose the life the live, they don't allow wealth to control or intoxicate them, when we talk about price tag checking of a thing, I will say that it will amount to high level of rascality for a rich person to purchase what he or she does not need because may be he could afford it and it wouldn't affect his wealth in any form, I think think this is a bad idea and poor decision, despite that when most rich people are out for shopping they don't have a specific budget, they just buy things, once they are satisfied that ends it, anyways every person to their own decision.

[Furious 7]

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.

Good analogy but at the end of the day everyone has their own satisfaction in this regard and indeed the richer we are the more customized we will be in terms of anything whether it's food, fashion or maybe even lifestyle. Although not all of them are like that but the average will eventually become like what is happening now where in the end the standard of wealth will also adjust the lifestyle that we do.
I don't want to take other people's examples because I feel like that where when I previously did not have a family and lived on a mediocre salary just for daily needs regardless of what brand of cigarette I smoke or food I eat I can still do it but when I have more money than I earn every month and I already feel that I am comfortable enough with the economy that I have then I also expect something more from the lifestyle that is done.
Maybe some people say that this is an act of extravagance but in the end consciously or not the needs we have will adjust to the income we get every month and I think it is normal if it is not excessive.

[ancafe]

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.

There is a difference between the two models of wealth as we have discussed, which is about how someone does things based on precision. When you have sufficient assets, then why buy an item using a credited loan method? This is the striking difference between the model of a person who has real wealth and who tries to look rich. I see this in my environment and how rich people attract people's attention because they are thought to be able to buy expensive luxury goods, but in the end they themselves will face problems because they are unable to pay it off.

Managing wealth will be much easier when someone understands how to increase that wealth. Don't think about buying something to show off to people and this is the difference that makes it easier to judge people who are really rich from people who are trying to look rich. Truly rich people no longer buy things to show off but see this as a business to make a profit.

[Ahli38]

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.

Maybe on the contrary, the richer we are, the more we will pay attention to prices. But with different views and goals. If we are not rich then we look for cheap price tags but quality. But when we are rich, maybe we will much prefer to look at quality first and then price. Or instead we look at the price tag and then match it with the quality.

But maybe if we are at the point where we no longer worry about money, we will start to stop paying attention to the price of small things. But for big things I think everyone will still look at the price tag first.

[soramon]

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 could be right but it all depends. People with ultra high net worth will not look at the price of the food they eat anymore, but unless that person is buying shares or company needs, they will not only look at the price, they will also bargain the price until it is cheap.

[CK485]

I know someone who're really rich and yeah you're correct they still look at the price tag, but after they buy it. Let's say they're going to restaurant, they will order the favorites and anything that they want. If the dish isn't delicious as they expect, they will take a look with the price tag and judge whether the foods is worth to buy or not.

The difference is the low or middle class look at the price tag before they buy something, while the upper class after they bought it.

I have the same view as you, it could be because of the money they have, including me, when I have more money, I don't care about the price I order and I am confident that if I have a lot of money, the important thing is to be happy.
On the other hand, if my wallet is not okay, I always ask first before ordering it because I'm worried that I won't be able to afford it.

[Sanugarid]

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.

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.

[khiholangkang]

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.

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.

There is nothing wrong and this context will branch out according to each person's mindset, everyone has different circumstances, has different goals and treats themselves differently.
but I agree with what @Rasa nanas said, buying according to function is wise, and the average rich person has that mindset, before they are at the point of not caring about the price "of the item they are going to buy" they prioritize function to achieve their goals, even though they want to splurge.

What the OP said contains the premise that we must have good finances, both from active/passive income that continues to run every month, by exceeding the cost of our personal needs, meaning we need to work hard to get to the point where you no longer care about "prices" when going shopping because we have a lot of money.

[SmartGold01]

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.

[shinratensei_]

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.

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.

thats true as long as its moderated self reward it will be okay but some people are justifying being consumptive because of self reward which I think might be detrimental to the well being of their financial conditions and in this case should be conscious that whether their self reward is truly a self reward or just being consumptive in disguise.
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.

[Samlucky O]

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.

[Uruhara]

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.

[Essential10]

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.

[Dewi Aries]

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.

Yes you are right, before they were rich they must have had a business that made them rich. Also with shopping it may be true that you said they are still careful about the price of an item. But shameless children who have parents with abundant wealth do not think about the price when buying things, they tend to just want to enjoy their parents' wealth as they please, the worst of which is that they admit that they have a lot of money when it is only their parents' money.
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.

[tech30338]

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.
Rich people really think everything before they spend, because they don't wan't to make mistake that will cost them their fortune.