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Author Topic: Being rich = not looking at price tag  (Read 1164 times)
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November 11, 2023, 02:54:57 PM
 #81

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.

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.

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November 11, 2023, 03:06:21 PM
 #82

I often read people saying they want to earn enough money so they don't have to look at price tag of product.
These people will very quickly become poor again (living from paycheck to paycheck, no savings, and if an economic crisis occurs, they will experience very great difficulties). Wealth doesn't lie in spending your capital left and right on all sorts of rubbish without regard to the contents of the price tag.

Imo, even if you are rich you wouldn't want to spend money on things that are not worthy of price being paid.
Reasonable people won't want to overpay. It is a fact. Because a lot of things are overrated, in terms of the price tag. And fools, that’s why they are fools, to buy an iPhone at their price spend money thoughtlessly.

You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
Exactly. Comparison of price and quality of the product. If this meets your requirements, then purchasing is inevitable.

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November 11, 2023, 03:33:18 PM
 #83

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.

Not looking at a price tag? I always hear this in networking business seminars when their motivational speaker has a mindset. Because that's one of the ways they hype their viewers.

Now here in what we are talking about, if you are a rich person, there are still many rich people who ask the price they will buy. Most of the rich people are stingy, that's why they always ask the price tag, but when it comes to their business, even dear, they don't mind the costs because, of course, it produces money for them.

There are two practical definitions of "price tag" for rich people; comfortness and prestige. Rich people tend to buy a product that is a more expensive product in comfort place rather than to buy the same product in a crowded place, for example; they choose to have lunch in five stars restaurant rather than to have lunch in public restaurant.

being rich people is actually about having more freedom at choosing thing, because they can afford more things than other people. price tag is a absurd stereotype for people who care more about prestige, not about the price itself.

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November 11, 2023, 03:44:22 PM
 #84

The phenomenon we see now is that anything will be done if people like us want to buy something or get a product service. Well, what you said above may be true and this is synonymous with the term financial independence, but also the ability to make smart and responsible financial decisions, which means being flexible and realistic.

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November 11, 2023, 05:12:58 PM
 #85

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.
Rich people are much better at looking at price tags when they need something to buy and most of them look at quality, not price. But I don't agree with the statement about spending money on things that are not worth paying for because there are many items that look ordinary but have quite fantastic prices. When rich people intend to invest in valuable assets, they will not look at whether the asset is appropriate or not, but rather at how they can make a profit by buying it.

You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
I think this is the behavior of people whose wealth is still limited and perhaps fall into the middle category. To perceive the general level of rich people there may be differences and when my assumptions say like this it is not certain that other people can agree on the same thing because the differences are actually what makes it more beautiful.

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November 11, 2023, 05:35:26 PM
 #86

I actually agree with your post OP, if you started from the bottom of course you would experience all of the experiences before reaching the time you wouldn't even need to look for the price since you already afford it. Of course, if they started at the bottom they wouldn't afford such pricey clothes or accessories so it would be a habit to check out for the price if it's fair to their quality, cause it would feel like an impulsive customer to pay for something that is not even quality. I also observed that even rich people still prefer to wear cheaper clothes cause they have the mindset that "the goal is to become rich, not to look rich" or something like that because it is actually reasonable cause you don't need to prove anything by buying any luxurious things, only if its for investment.


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November 11, 2023, 06:30:14 PM
 #87

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.
If you have such kind of interest and olab for yourself, it is important for you to work smartly so that you can make the kind of money that you will see it as a stress for you to look for price tag before you buy something. There are people that live there life like that.
Mostly the to are CEOs and investors that have sufficient funds to spend. Since you are not reached that particular level, it would be important for you to keep working and hustling so that you will have a better tomorrow and take care of people around you without any stress.









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November 11, 2023, 07:42:09 PM
 #88

People who are familiar with cost of things in market does not ask about price but whenever they enter into new city then they ask about price because they have no experience about the worth of materials in new area. It's true that rich people sometimes don't look at tag of price because they have lots of money and buying something has no effects on their income or earning while poor man will first ask about the price so if they can afford they will buy otherwise they will not buy that thing which is expensive.

Price will only effect your decision if you have limited amount of money but if you are a moneyed person then you will not think about expensive or less expensive things. People often wants to save their money therefore they first look towards price tag as everything is so expensive that a common man cannot afford unnecessary and expensive things.

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November 11, 2023, 07:42:30 PM
 #89

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.

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November 11, 2023, 08:31:47 PM
 #90

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.
those are the kind of people that will be rich today and within some months to come, they have gone back to being poor with there final status being worse off  than they had been. No amount of money should make you reckless to the point of not knowing how much you are spending on purchasing a goo. As a matter of fact, if you earned the money legitimately, you wouldn't think of squandering it just like that. Even if the money is too much, what happens to starting up a new business with a deliberately giving it out to those in need. Don't mind poor people, there idea about the rich is so faulty that they even assume that the rich got those wealth by being unwise.

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November 11, 2023, 08:52:15 PM
 #91

I know some rich folks and they're really careful with money, to the point that you'd call them penny-pinchers. One of my neighbors who has one of the biggest houses in the area built it by using the cheapest laborers and not signing a contract with them, just paying them daily in cash. I think that they do look at the price tag because deep down they know they can have more and more if they save up and that's what many of these people get addicted to. They want to own more and have more to show.
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November 11, 2023, 09:38:42 PM
 #92

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 something like this is just a form of metaphor because in the end when we want to buy things, of course we have to be aware of what we are buying in terms of quality and the brand we are buying because we are not fools who only buy at high prices for poor quality but buying without looking at the price according to my interpretation is when we want something that we think is useful even though the price is expensive, we are definitely not bothered to buy it with the money we have.
This does not mean that it is as if it makes a cheap product that when sold expensive then we will buy it without consideration because the concept is not like that considering that in the end the price also determines the quality we buy.

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November 11, 2023, 09:43:06 PM
 #93

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.
If you are truly someone who creates wealth with your own hands then you will think long and hard about buying a product, but if you have never generated your own wealth (your wealth comes from inheritance or other people) then you will definitely buy products carelessly because you think that money is easy to make.  Nowadays earning money is not easy, that's why i'm fed up with influencers who claim that making money is very easy, they seem to be mocking people who are working hard for their lives.  then a wise person will definitely use carefully every cent they have.

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November 11, 2023, 10:01:05 PM
 #94

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 a truly wealthy person, price means nothing to them. Even myself, of recent I do not pay much attention to price but quality. I know the country I am residing, and I also know the city I leave in. I know the average cost of living in the city. I know the price to lounge in a hotel, I know the cost of food and even the cost of clothing. If the costs of things in a particular city is very far below your income, you will not mind the price because no matter how the vendor will inflate the price, it will not affect your purchasing power.

This is the formula that rich people use and that is why they are mostly unbothered about the price of products.

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November 11, 2023, 10:13:35 PM
 #95

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 among other rich people who have arrogance in their bodies, there is really an attitude that they don't look at the price tag anymore, but there are still others who ask about the price tag.

I don't believe that if you are rich that you don't look at the price tag of what you are buying, because I have someone who I consider my second mother. I used to live in her house and spend two years with her. During those times when I accompanied her to go shopping at the market or supermarket, her clothes are very simple; she just wears a duster with holes, then she just wears slippers, and every time she buys, she always asks for the price, and this person was rich because she has three companies and is a member of a group of companies.

I suddenly missed that person, hope she's fine anyway...


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November 11, 2023, 11:30:22 PM
 #96

Not gonna lie, I used to subscribe to this type of bs back in the days as well. To be so rich that I don’t ever have to look at the price tag, just swipe it off and buy it out. As money came and stayed I realized that it wasn’t the way to go by though, cause if I keep at this belligerent spending behavior there will come a time when it would be the last purchase I’d ever make with that money, and it’s gone forever. So, I made it a point to only buy stuff that I want and really need, check the price, make some budgeting options and price vs. benefit comparisons, before ultimately making the purchase. It has helped me so much with making sure I don’t get zeroed out even in my monthly budget.
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November 11, 2023, 11:34:25 PM
 #97

   The idea of going to the mall, getting a few items and ignoring the price tags and receipt presented doesn't show richness, it only portrays one who's extravagant in spending. No matter your wealth, the economic situation is not palatable enough to give you the leisure of just being mindless to a whole lot of things especially finance because if continually done, unknowingly, one would go broke.
The level of extravagance or out-of-the-ordinary spending will be different for each person.
For me, buying things that I really need at a fairly expensive price but with the best quality is not a problem as long as we can afford it and are able to estimate whether the purchase does not interfere with finances completely.

Ignoring the price tag with just a little note that the item purchased is still quite good and not a waste.
The real waste is when you buy things you don't really need and just like to buy.

A cautious and wise rich man would even afterwards go through everything over again. Money is made to be spent. no doubt but it doesn't call for in judicious spending. There has to be right spending processes to avoid bankruptcy. Everyone and anyone can get broke at anytime and it all depends on your attitude to cash inflow and outflow.
Bankruptcy will not happen instantly even if there is no proper shopping process.
After all, people won't keep shopping every day.

Maybe only one time to make a purchase that looks quite extravagant,
but yes not to make bankruptcy (except for buying branded goods that exceed the amount of assets owned).
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November 12, 2023, 02:16:39 AM
 #98

Bankruptcy will not happen instantly even if there is no proper shopping process.
After all, people won't keep shopping every day.

Maybe only one time to make a purchase that looks quite extravagant,
but yes not to make bankruptcy (except for buying branded goods that exceed the amount of assets owned).
Buying, shopping leads to bankruptcy, that is very serious shoppaholic syndrome that is not too popular. I feel very hard to understand people who can have bankruptcy because of shopping, overpaying for shopping luxurious things.

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.
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November 12, 2023, 02:55:41 AM
 #99

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.

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November 12, 2023, 07:04:25 AM
 #100

~
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.
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

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