Rich and the poor who spend the most on luxury?

[uneng]

Not that rich people don't care about their looks. I guess it's just that they aren't concerned about their looks all the time, unless they make a living from their personal image. Rich individuals are usually pretty busy, so they will naturally tend to go through the simplest way to wear themselves to save time and get more comfortable. Meanwhile, someone who is constantly concerned about his looks will have a hard time thriving, because he spends too much money on worthless things, besides not having enough focus and attention on matters which can help him making more money...

[atookz]

I once read a study in the book The Millionaire Next Door that rich people don't just spend money. They value money more by increasing assets and living below their means. That's why rich people usually look simple in their appearance because they prefer to buy assets. While poor people prefer to buy luxury goods without thinking about assets.

But that doesn't mean rich people don't wear luxury goods because they will definitely wear luxury goods but they are wiser in wearing them. But wearing luxury goods doesn't mean that the person is really rich. Because in my opinion the meaning of rich is not what is shown or exhibited, but from financial freedom.

[$crypto$]

Maybe we can see from the way that expensive clothes are considered rich people then I say no, because the things they have are tastes even though they are not rich people.

Rich people buy expensive branded goods and other goods - there are poor people who buy expensive goods say it is imposing then there are always people who buy expensive goods.
Poor people who buy expensive goods say that it imposes then there are always people like that, it is even difficult to compare it.

The important thing is that our own style is in accordance with its capabilities or not? If YES then go ahead it doesn't matter does it.
Usually rich people are always busy and never attach importance to items that are not too important.

[Roseline492]

As I was scrolling through my Facebook I saw this photo and how the image discribes the poor to be a kind of people that wears expensive thing to impress people to look like the rich, and the other way round, the rich appears to be simple probably not to be noticed as a rich person. My question now is that,

Does wearing of expensive cloths, shoes and other expensive things a sign of being poor? Or does it mean the rich doesn't wear expensive things or doesn't leave a luxurious lifestyle?

Well I will not totally agree that the poor are the only ones that normally dress that way because I have seen so many rich people who always buy expensive things especially clothes to show to everyone that they have all the money and I have also seen how a rich man intimated a poor guy even when he was at fault because he believes that the poor guy does not have anything to challenge him, so actually is not all the poor that dress that way and at the same time not also all the rich that also show themselves to people about the wealth they have, so the little I understand about those poor people who always disguise themselves to be rich is only if they are trying to belong to a kind of rich group or trying to impress someone that's when they will likely dress that way, however I don't even consider wearing clothes as a measure of rich because not everybody that loves fancy clothes.

[avikz]

Does wearing of expensive cloths, shoes and other expensive things a sign of being poor? Or does it mean the rich doesn't wear expensive things or doesn't leave a luxurious lifestyle?

This is a flawed philosophy! Take any Hollywood or Bollywood celebrities for example. They are ultra rich and their clothes and Jewelries are all expensive. Those are so expensive that no poor person can afford those. At the same time, as depicted in the picture, a poor person can't afford to spend 10 grand on clothing. So don't loose your sleep over such things!

There are many ultra rich people, like Mark Zuckerberg, Bill Gates or Warren Buffet, who doesn't wear designer clothing. It's because their focus is not to look rich and expensive. They are focused on their work and doesn't want to spend time on such things which doesn't add value to their life. This is a mindset of a handful of people in the world.

Even as a common people, not everyone likes to buy designer clothing. So the depiction is wrong and doesn't speak for the majority of the population. However, it closely matches with a culture called "Sapology" which is very famous in Congo and some African countries. Try searching Youtube and you will know why I am referring to this.

[Dr.Bitcoin_Strange]

It's not every rich person that dress so simple as the image has shown and it's not also all poor people that dresses all good to impress others. Some poor people are still contented with what they have while some rich people too will dress very nice and wealthy all the time. All of those things depends on personal interest, although I can not deny the fact that some poor people like to show off but some of the materials that they use to show off might not even be their own. There what is called "borrow-pose", showing off what what does not belong to them.

[Richbased]

Not that rich people don't care about their looks. I guess it's just that they aren't concerned about their looks all the time, unless they make a living from their personal image. Rich individuals are usually pretty busy, so they will naturally tend to go through the simplest way to wear themselves to save time and get more comfortable. Meanwhile, someone who is constantly concerned about his looks will have a hard time thriving, because he spends too much money on worthless things, besides not having enough focus and attention on matters which can help him making more money...

Well said mate, people who make money or are business oriented doesn't care much about their looks and appearance because of their numerous busy schedules, they can even be in the boutique to buy some clothes and receive a call about a business proposal they will just discard buying the clothes to attend to business. This reminds me of my life when I didn't have a job, I was literally having time for worthless things that doesn't add value to my life and I think about what to eat and clothes to wear all the time but immediately i got a job it made me become so occupied as I don't even have the time to wear clothes again even when I have a lot in my wardrobe as most of the time am always with my working coveralls and safety boots so definitely people who thinks much about what to wear or eat are literally people that doesn't have something judicious they engage their time with but for those who have productive things they do with their time they don't care much about material things anymore but rather on things that will bring proceeds for them.

[Juse14]

Perceptions of the relationship between wealth and lifestyle are often based on societal stereotypes and what people think they see. For example, it is widely considered that a wealthy individual always dons luxury items. In this case, one of the ways poor people could, in turn, look richer would be to copy this lifestyle. In reality, things are a lot more complicated.

Frugality for some wealthy people may not be out of economic inability to purchase expensive wares, but it is a choice to live consciously by putting energy into what they find important in life, such as experiences or relationships or long-term investments. It might be the stage of life wherein people are not interested to prove their wealth to others.

There are people, however, who may feel the social pressure of having to look wealthy even when they are not. This may be part of an attempt to belong in a given society or meet certain anticipations which they believe will make them look more prosperous.

[Finestream]

Not all rich wear inexpensive outfits as some prefer to buy those luxurious things because they can afford. Same with poor ones, not all of them are trying to act like they're rich, because it would be a waste of money only when they all know they don't have that much money to spend on wants as they even struggle to provide their basic needs.

I guess it's all about the mindset of individuals who try to pretend rich even when they're not able to, while those real rich don't want to prove to other people that they all have the means, they prefer a simple life instead and not even minding wearing cheap brands.

[stomachgrowls]

Not that rich people don't care about their looks. I guess it's just that they aren't concerned about their looks all the time, unless they make a living from their personal image. Rich individuals are usually pretty busy, so they will naturally tend to go through the simplest way to wear themselves to save time and get more comfortable. Meanwhile, someone who is constantly concerned about his looks will have a hard time thriving, because he spends too much money on worthless things, besides not having enough focus and attention on matters which can help him making more money...

Well said mate, people who make money or are business oriented doesn't care much about their looks and appearance because of their numerous busy schedules, they can even be in the boutique to buy some clothes and receive a call about a business proposal they will just discard buying the clothes to attend to business. This reminds me of my life when I didn't have a job, I was literally having time for worthless things that doesn't add value to my life and I think about what to eat and clothes to wear all the time but immediately i got a job it made me become so occupied as I don't even have the time to wear clothes again even when I have a lot in my wardrobe as most of the time am always with my working coveralls and safety boots so definitely people who thinks much about what to wear or eat are literally people that doesn't have something judicious they engage their time with but for those who have productive things they do with their time they don't care much about material things anymore but rather on things that will bring proceeds for them.

On the moment that you do have that kind of perception towards life or simply with your lifestyle on which if you do have that sufficient time on minding things then you would might end up into those conditions that you would really be focusing in regarding about your looks or on what you do wear or getting involved into something which isnt important. Sometimes we would really be putting ourselves to get derailed just because on what you do see around. People do really easily get influenced into things plus having that kind of behavior or part of personality which would justify those kind of acts then its no surprise that people will really be that different when it comes into their personal approach on things. Its true that once you do make yourself get busy then you cant think off well about these stuffs since you would be focusing into the things that you are currently dealing with.

Somehow there would really be still those people who cant just forget to make priorities about on how they do look. They do want or like for other people to praise or respect them up.
We do know that once they do know that you are rich or looking rich then you would really be getting that kind of respect or having that good approach or treatment and this is where
other people do really think or focus about.

[erep]

Not that rich people don't care about their looks. I guess it's just that they aren't concerned about their looks all the time, unless they make a living from their personal image. Rich individuals are usually pretty busy, so they will naturally tend to go through the simplest way to wear themselves to save time and get more comfortable. Meanwhile, someone who is constantly concerned about his looks will have a hard time thriving, because he spends too much money on worthless things, besides not having enough focus and attention on matters which can help him making more money...

Every rich person has a different appearance of clothing and some rich people do not care too much about the luxury of their appearance, but relatively they show off luxury because their finances support them to buy any luxury goods, such as a collection of luxury watches, cars and others, they can buy whatever they want even though they look like they are wearing simple clothes but the price of classic clothes is more expensive than others. However, the use of clothing in business must be maximized for consumer assessment, because business is part of a service and anyone must wear clothes according to the rules, especially rich people as business bosses must wear luxury clothes in various business activities, except when they are on vacation or outside office hours.

[Davidvictorson]

Does wearing of expensive cloths, shoes and other expensive things a sign of being poor? Or does it mean the rich doesn't wear expensive things or doesn't leave a luxurious lifestyle?

The answer to the first question is no.
Second answer is no.
The rich live a more luxurious life than the person who is a low income earner. They shop at the best boutiques , they were luxury watches that are more of an asset than a time piece, they use very expensive electronic devices. Anything they feel insulted if whatever they're buying isn't "expensive". Have you seen their houses and how much they spend on security? Can we make the same comparison with the low income earners? No.

[serjent05]

Do we have to think about the title?  It is obvious, it is the rich who spent the most in luxury. A simple reason is that they have the money to spend for it.

In addition according to this article: https://www.marketwatch.com/story/low-income-families-spend-40-of-their-money-on-luxuries-2017-06-28, the wealthiest family spend 65% of their income on luxury while 35% is spent on necessity. While the family in middle income spent 50% on luxury and 50% on necessities.  While the lowest-income families (the bottom fifth of earners) spend 40% on luxuries and 60% on necessities.

[Mahanton]

Not that rich people don't care about their looks. I guess it's just that they aren't concerned about their looks all the time, unless they make a living from their personal image. Rich individuals are usually pretty busy, so they will naturally tend to go through the simplest way to wear themselves to save time and get more comfortable. Meanwhile, someone who is constantly concerned about his looks will have a hard time thriving, because he spends too much money on worthless things, besides not having enough focus and attention on matters which can help him making more money...

Well said mate, people who make money or are business oriented doesn't care much about their looks and appearance because of their numerous busy schedules, they can even be in the boutique to buy some clothes and receive a call about a business proposal they will just discard buying the clothes to attend to business. This reminds me of my life when I didn't have a job, I was literally having time for worthless things that doesn't add value to my life and I think about what to eat and clothes to wear all the time but immediately i got a job it made me become so occupied as I don't even have the time to wear clothes again even when I have a lot in my wardrobe as most of the time am always with my working coveralls and safety boots so definitely people who thinks much about what to wear or eat are literally people that doesn't have something judicious they engage their time with but for those who have productive things they do with their time they don't care much about material things anymore but rather on things that will bring proceeds for them.

On the moment that you do have that kind of perception towards life or simply with your lifestyle on which if you do have that sufficient time on minding things then you would might end up into those conditions that you would really be focusing in regarding about your looks or on what you do wear or getting involved into something which isnt important. Sometimes we would really be putting ourselves to get derailed just because on what you do see around. People do really easily get influenced into things plus having that kind of behavior or part of personality which would justify those kind of acts then its no surprise that people will really be that different when it comes into their personal approach on things. Its true that once you do make yourself get busy then you cant think off well about these stuffs since you would be focusing into the things that you are currently dealing with.

Somehow there would really be still those people who cant just forget to make priorities about on how they do look. They do want or like for other people to praise or respect them up.
We do know that once they do know that you are rich or looking rich then you would really be getting that kind of respect or having that good approach or treatment and this is where
other people do really think or focus about.

I do agree on this one on which this is really that happening in real life. Lets just put up some real situations on which your relatives will really be having that a huge respect on you on the  time that they've known that you are already that rich or someone who do have the money but on the moment that you are on such condition on which you dont have any money or you are in struggle then those positive treatment and approach towards you earlier would really be having those notable changes on which you could really be able to say that money is indeed the determining factor on how people would be treating or respecting you. This is why it is really that just that depending on what kind of person are you because there are some individuals who doesnt really care about their status or the looks they do have as long they do have the food that they could put up into their table then this what matter the most.

Do we have to think about the title?  It is obvious, it is the rich who spent the most in luxury. A simple reason is that they have the money to spend for it.

In addition according to this article: https://www.marketwatch.com/story/low-income-families-spend-40-of-their-money-on-luxuries-2017-06-28, the wealthiest family spend 65% of their income on luxury while 35% is spent on necessity. While the family in middle income spent 50% on luxury and 50% on necessities.  While the lowest-income families (the bottom fifth of earners) spend 40% on luxuries and 60% on necessities.

When it comes to surveys then we cant really be that so sure that this one would really be that precise considering that it will really be just that been asked for a set of people not unless
if the numbers are huge then it might be considerable but having those kind of percentages is something that i wont really be seeing this to be precise but
most likely we would really be sitting with those numbers.

[Ndabagi01]

Does wearing of expensive cloths, shoes and other expensive things a sign of being poor? Or does it mean the rich doesn't wear expensive things or doesn't leave a luxurious lifestyle?

This is a social lifestyle in my own opinion. Those that want to look rich are probably not poor people, they could be people that are not too poor to afford the lifestyle of the rich and not too poor to say they can get their ends meet daily. It’s is a stepwise thing and you can’t skip a step so far from yours and expect to live comfortably, it’ll definitely have effect in your living. The picture you’ve shown has just demonstrated a person who is so overly interested in fashion and will want to get every part of his body covered with luxurious stuffs, while the other person just wants to dress simple. The guy dressing simple doesn’t signify in some instance that his dress won’t be worth pass the other person, it could, this is just a fashion choice.

[passwordnow]

As I was scrolling through my Facebook I saw this photo and how the image discribes the poor to be a kind of people that wears expensive thing to impress people to look like the rich, and the other way round, the rich appears to be simple probably not to be noticed as a rich person. My question now is that,

You'd see more of these contents because the content creators are keep copying contents that they think is easy to compare with the kind of life of rich people and the poor ones.

Does wearing of expensive cloths, shoes and other expensive things a sign of being poor? Or does it mean the rich doesn't wear expensive things or doesn't leave a luxurious lifestyle?

What you don't see in social media is what the real thing the rich people does. They don't brag, they don't show off but they are living peacefully and keep doing their businesses and money making machines. While the poor, this is common, they like to show off that they're having way better life than the others. But not all poor and rich people are like this and we're all entitled to do the sht things that we want to. But the real rich are humble and they don't really like to show the classy life that they're having and most of the rich that I know, live a very simple life without dramas and issues. They enjoy the money that they are having and reinvesting it somewhere else and if clothes are part of their assets because they have to be formal when doing meetings and business proposals, that's part of life. And for the poor, no one will stop them from purchasing the nicest things on Earth like having fancy clothes if they can afford it. As long as it's not going to bother anyone but only them, that's fine, they're free to buy all the things they can afford.

[kawetsriyanto]

Does wearing of expensive cloths, shoes and other expensive things a sign of being poor? Or does it mean the rich doesn't wear expensive things or doesn't leave a luxurious lifestyle?

I don't know how you define poor in this context. Is it poor of mindset/attitude? Or poor of having wealth? 

The man who wears the expensive cloths, he isn't poor man. He must have enough money to buy the expensive cloths. Poor man will never have a chance to have expensive cloths, he has no enough money (very limited money). According to my experience, poor people prefer to buy daily basic needs if they have money. People who possibly wear expensive cloths, are middle and upper economic class.

I tend to view it as a life style. Well, I can admit that sometimes there are middle class people that act like a high class level. They use expensive stuff to show others that they are rich people. Meanwhile some high economic class people prefer to live simply because style is not a priority for them. Well actually it's all about personal nature or characteristic. There are also rich people who often spend a lot of money for the luxury.

So, who spend more? I think there is no valid research about this. It can be middle class or high class, but it mustn't be poor people.

[Questat]

Is wearing expensive clothes, shoes, and other expensive things a sign of being poor? Or does it mean the rich don't wear expensive things or don't leave a luxurious lifestyle?

The picture that you showed us is misleading. A poor guy cannot buy expensive clotching If you are an average income earner, how can you buy clotches worth thousands of dollars? those who can show off or buy new expensive and branded clotching are those who can afford these and these are rich people.

If you see rich people wearing modest clothes, that's because its in their character and belief in simplicity, but in reality they are the ones who can buy expensive clotching and signature dresses, When you say poor, that is having a hard time meeting their daily needs, so if you're poor, I don't think you will prioritize expensive clotches over paying your bills.

I certainly agree on this. There’s no point a poor guy will dress like a rich one if he is having a hard time in his finances, otherwise if he dress like one, maybe he’s not really that poor. However, with rich people, they can afford all the luxury in life, but that doesn’t mean they still have to show off. Some are just simple in living, and wear simple outfits, but they are rich in all aspects of life most particularly in their finances.

[Darker45]

The reality is that there are rich people who wear expensive clothes and there are also rich people who wear affordable clothes. In the same manner that there are also poor people who wear expensive clothes and there are also poor people who wear cheap clothes. So I guess it's not about whether you're rich or poor. It's probably about your character.

The issue, however, isn't the rich people. If they're simple, no problem. If they wear expensive clothes, no problem as well because they have the money. The issue is with the poor. Many of them have misplaced priorities. I can remember the great Lee Kwan Yew having mentioned this in one of his speeches. A poor person who lacks some of the basic essentials and yet has two expensive phones which is everything but necessary is plain wrong.

[Poker Player]

The picture that you showed us is misleading. A poor guy cannot buy expensive clotching If you are an average income earner, how can you buy clotches worth thousands of dollars? those who can show off or buy new expensive and branded clotching are those who can afford these and these are rich people....

I certainly agree on this. There’s no point a poor guy will dress like a rich one if he is having a hard time in his finances, otherwise if he dress like one, maybe he’s not really that poor. However, with rich people, they can afford all the luxury in life, but that doesn’t mean they still have to show off. Some are just simple in living, and wear simple outfits, but they are rich in all aspects of life most particularly in their finances.

Yeah! I don't know poor people that routinely wear $8K clothes.

I think it is misleading the title as well as the image. It should not contrast the poor with the rich, but rather the middle class that tries to pretend to be rich by buying clothes and other objects. There are several Yotube videos explaining how Gucci and other brands today target that middle class trying to appear wealthy.