Rich and the poor who spend the most on luxury?

[fuguebtc]

I often see how some very rich people like Elon who some time ago visited my country to promote his company and his starlink project attended meetings wearing only t-shirts and it can actually be a slap for those who are too imposing just because of the exposure and branding that he really wants to highlight.

It's too dusty for those guys like Elon to wear fancy clothes or dress to kill. They've got too many activities to handle in one day, to bother about what to put on, what matters to them is their presence. But do not be surprised to see one expensive item on them, most likely their wrist watch or shoes.

It would be naive to look at appearances and assume that Elon is a wealthy man who lives a simple life. First: dressing too formally when meeting customers will sometimes create a clear gap between rich and poor, and make cooperation not go smoothly. Second: He intentionally dresses simply because he wants to create a friendly, intimate atmosphere so that everything goes well. Meanwhile, others dressed elegantly and luxuriously because they wanted to give the world's richest billionaire the utmost respect.

@Raflesia, I remember Tim Cook once visited my country, he dressed casually and experienced our cheap street food. But did you know that he stayed overnight at the only 6-star hotel in my country that costs up to $80k/day ? LOL .

[bakasabo]

It would be naive to look at appearances and assume that Elon is a wealthy man who lives a simple life. First: dressing too formally when meeting customers will sometimes create a clear gap between rich and poor, and make cooperation not go smoothly. Second: He intentionally dresses simply because he wants to create a friendly, intimate atmosphere so that everything goes well. Meanwhile, others dressed elegantly and luxuriously because they wanted to give the world's richest billionaire the utmost respect.

@Raflesia, I remember Tim Cook once visited my country, he dressed casually and experienced our cheap street food. But did you know that he stayed overnight at the only 6-star hotel in my country that costs up to $80k/day ? LOL .

Do you really think he has paid $80k/night ? I think that hotel gave him a huge discount, because "Tim Cook stayed in our hotel" advertisement cost most than $80k/night. I would even let him stay there for free, because that will be a huge hotel image benefit and would pays off in future. I think that there were not many people who wished to stay in that $80k/night room anyway.

We can debate a lot, who spends more on luxury, but I would still go with rich people. That picture on first post is only a hip of the iceberg. The fact that rich person dresses simple does not mean he did not have luxury and expensive things. Rich people just dont display their wealth on purpose, while poor in luxury items just wants to fool everyone around.

[Lida93]

I often see how some very rich people like Elon who some time ago visited my country to promote his company and his starlink project attended meetings wearing only t-shirts and it can actually be a slap for those who are too imposing just because of the exposure and branding that he really wants to highlight.

It's too dusty for those guys like Elon to wear fancy clothes or dress to kill. They've got too many activities to handle in one day, to bother about what to put on, what matters to them is their presence. But do not be surprised to see one expensive item on them, most likely their wrist watch or shoes.

It would be naive to look at appearances and assume that Elon is a wealthy man who lives a simple life. First: dressing too formally when meeting customers will sometimes create a clear gap between rich and poor, and make cooperation not go smoothly. Second: He intentionally dresses simply because he wants to create a friendly, intimate atmosphere so that everything goes well. Meanwhile, others dressed elegantly and luxuriously because they wanted to give the world's richest billionaire the utmost respect.

@Raflesia, I remember Tim Cook once visited my country, he dressed casually and experienced our cheap street food. But did you know that he stayed overnight at the only 6-star hotel in my country that costs up to $80k/day ? LOL .

Often times we mistake the lifestyle of the rich in the way they dress to equate it to their not living a luxurious lifestyle whereas it's the rich that attend and patronize the most expensive pleasurable places and sight seeing environment. Rich people understand that they are already wealthy and need not to dress so elaborately to impress or make people see them as rich people.

It's only when we visit the environment of the wealthy people and their homes that we can appreciate how luxuriously they spend, but something about the wealthy is that they don't spend to impress unlike the average person that want to catch attention with their dressing outside while he is living in the chanties.

[deadsea33]

Haha, I see a lot of changes here. As far as I can tell by myself, I am a child of a middle class family. That's why I spend money thoughtfully. But it depends as much as to say what kind of state he lives in and what the price of everything can be. Let's say you live in a country where everything is very cheap. Your expenses will decrease a lot but you spend based on your mindset. Like I always spend a little more because I like to spend money and I'm not a spender.

So many times it is seen that a rich person spends very less and a middle class person spends a lot because he has a high spending mindset.

[Iranus]

 ~snip

I understand your point, but we are talking about the majority. If 80% of the poor people focus on luxuries items, it will be considered that all the poor, and the same applies to the rich. We are not talking about single individuals, but the majority of them. I know it is not all that focus on a lavish lifestyle just to impress the ladies. Even I always focus on investment in bitcoin with the small money I have, and even if I know I have some higher investment, I always show those around me that I just know about bitcoin but I have no investment just to be saved from them, but I also said that the majority of the poor engage in such lifestyles, which in any case the majority always carried the vote. 

So, do you have any data that shows that the majority of poor people are spending a lot of money on luxury goods? Are there any detailed statistics on this? What country are you from and have you traveled around the world? And how do you know what poor people in other countries are thinking and doing? That's what I mean, we should stop judging others because we are not in their shoes, we don't know what they are thinking and doing. Don't easily believe in information spread online because sometimes they just want to attract likes and attention to themselves. If we want to evaluate, we need practical experience.
I prefer evidence and actual data over baseless speculation, and before judging others I usually look at myself first.

[Dewi Aries]

Haha, I see a lot of changes here. As far as I can tell by myself, I am a child of a middle class family. That's why I spend money thoughtfully. But it depends as much as to say what kind of state he lives in and what the price of everything can be. Let's say you live in a country where everything is very cheap. Your expenses will decrease a lot but you spend based on your mindset. Like I always spend a little more because I like to spend money and I'm not a spender.

So many times it is seen that a rich person spends very less and a middle class person spends a lot because he has a high spending mindset.

When you are middle class in financial matters and you are in a country where all prices of goods, especially basic necessities, are cheap, then of course your monthly salary will also be appropriate, my friend, so I think the issue of reduced spending or not depends on how someone can manage their money, in the sense that for example by only buying various items that are needed without prioritizing desires that are not too important, unless you are rich.

On the other hand, I think one of the reasons why rich people spend much less money than middle class or poor people is because I think rich people know about the value of money, they learn from their own experiences when in the process of achieving wealth, or in simple terms they have extraordinary management of money and are able to use money properly so that they succeed in becoming rich, maybe poor people have not reached that mindset.

[bestcoins1]

Haha, I see a lot of changes here. As far as I can tell by myself, I am a child of a middle class family. That's why I spend money thoughtfully. But it depends as much as to say what kind of state he lives in and what the price of everything can be. Let's say you live in a country where everything is very cheap. Your expenses will decrease a lot but you spend based on your mindset. Like I always spend a little more because I like to spend money and I'm not a spender.

In my country, people who like to spend money beyond their own needs will be considered wasteful regardless of what class their family is from. And for the matter of being wise or not in spending money, actually it is always determined by the level of money and also the value of money in each country which is also accompanied by the price of goods in each country itself.

Because in my country spending twenty dollars a day is considered a lot for the simple class of society, not for the rich where they can spend up to fifty dollars a day. So all of these things are measured based on the price of goods and the value of the currency of our respective countries because these things are always different from one country to another.

[goldkingcoiner]

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?

I think your question needs to be worded better.

Instead of asking who spends more on luxury, you should ask who spends more on things they do not need? Because that would be the financially illiterate. And they tend to end up poor. There are rare cases of them being born into rich families but I think that is not the usual case.

Sure, rich people can afford more luxury but I doubt anyone who has earned such a large fortune will want to waste even a tiny bit on something unnecessary.

[Obulis]

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?

A look into the psychological aspects of these matter defines the answer in perspectives. Not undermining how this happens ordinarily as the eyes can see.

Wanting to look good and impress and attract can make some even debtors. Uncalculated expensive spendings /uncontrollable desires. Unnecessarily spending more than you can afford..!
It is psychologically common to find this response to life around the poor (mind and financial). Even among rich and used to be rich but poor people (those that will definitely become poor as some has become poor based on obvious wrong decisions they make now and made in the past).

Psychologically, it is the treasury and monthly income that matters, making it more of psychological response.
That someone dresses expensive doesn't really mean that they are rich or poor but you can imagine the uncultured  human response to that? That's the cheap thrill that make poor people wanting to extinguish their earnings including the cash they don't have (borrowing) for helpless fancies......

[Raflesia]

I often see how some very rich people like Elon who some time ago visited my country to promote his company and his starlink project attended meetings wearing only t-shirts and it can actually be a slap for those who are too imposing just because of the exposure and branding that he really wants to highlight.

It's too dusty for those guys like Elon to wear fancy clothes or dress to kill. They've got too many activities to handle in one day, to bother about what to put on, what matters to them is their presence. But do not be surprised to see one expensive item on them, most likely their wrist watch or shoes.

But in fact it is not only Elon who does things like this because some billionaires like this actually seem indifferent in terms of dressing and sometimes ignorant of it because they don't need to prove themselves that someone who is very busy like them doesn't need to prove themselves with an eccentric style of clothing and lifestyle shown to others because they realize that without the need to do that they are already recognized as someone who is very rich.

Actually talking about lifestyle and having a lifestyle that seems to be hedonism and is concerned with prestige is only an act so that we are recognized by others who make this a benchmark for being considered rich. But in the end it actually disrupts their electability in making economic conditions better because it is precisely with that that they become hindered due to the prestige they have which makes their finances used for things that are not really needed or not important.

[Tigerheart3026]

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?

some people in our society they try to pretend they are rich or they want to hang out of their rich friends, so they trying to show off to other peoples but actually they are not rich, on the other side rich peoples wearing less expensive things they try to with simple get up. i think both of categories peoples are very low, every poor people never try to show off buying expensive products it's not possible to every poor peoples.

[o48o]

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?

Left man is a poor man's idea of a rich man. And idea behind is probably that if that poor man stays poor, because if he would have used that money to buy stocks, he might be rich. Like the fact that if you bought apple shares instead of all those apple phones and products, you would have done pretty well.

But i would say that actual poor people can't afford those trendy clothes, so image is misleading and smearing poor people. The idea that being poor is always their own fault is lazy reasoning and not helping anyone.

[tygeade]

I think we should stop judging and evaluating others, and look at ourselves.

Is there anyone here who is rich, has millions of dollars in his account but still wears cheap clothes like the guy in the picture? Is there anyone who is rich but still doesn't have a luxury car or a nice house? Conversely, is there anyone here who is poor but still spends thousands of dollars on luxury items? Or are we saving every penny to buy food for our families and prepare for the future? I find it funny how some people look at that picture and are quick to judge others when why don't we look at ourselves and see if we resemble anyone in that picture?

The common thing is dressing rich, I have not seen that many rich people who wear poor, most of the rich people I see do wear expensive stuff, even at the very cheapest level they would wear at least some lacoste or wolfskin jacket, like the bare minimum cheapest thing they would ever wear, most have designer stuff of course, and to be fair if it's a man, then usually someone else buys them stuff for them, they don't go out shopping that often to be honest if they are wealthy.

But also, I have seen a lot of poor people who buy expensive clothing or luxury items too, too many poor people who get latest iphones or whatever, surely if they are just way too poor then they can't, but I have seen ones that take out loan to get one, so it's really a common thing to want to get the best if possible.

[Nothingtodo]

You can never personally guarantee who lives a more luxurious life between the rich and the poor. Many rich people have money but live a simple life and many poor people have no money but prefer to live a luxurious life. That is, whether rich or poor, those who have the mindset to live a luxurious life will only live a luxurious life.

[dezoel]

I think we should stop judging and evaluating others, and look at ourselves.

Is there anyone here who is rich, has millions of dollars in his account but still wears cheap clothes like the guy in the picture? Is there anyone who is rich but still doesn't have a luxury car or a nice house? Conversely, is there anyone here who is poor but still spends thousands of dollars on luxury items? Or are we saving every penny to buy food for our families and prepare for the future? I find it funny how some people look at that picture and are quick to judge others when why don't we look at ourselves and see if we resemble anyone in that picture?

@OP, are you rich pretending to be poor or are you poor but still want to appear rich? Don't judge others when we are not them.

I completely agree with this. Things that we experience ourselves shouldn't be hard to understand, we don't need to pretend because we know how these things are. If we have money, a lot of it, we wouldn't stay away from luxuries because we can easily afford it. Similarly, if we are poor and don't have a lot of money, we would think twice even before buying something that we need but isn't on top of the list of things that we need.

So when it comes to things that are happening to us as well, we should observe ourselves and decide whether what we are hearing or seeing in videos or over the internet is true or not because we should know the actual truth and reality.

I know that people who are rich might not show off a lot, but this doesn't mean they don't spend money on themselves or their lifestyle in general. They wear branded cloths and stuff, they live in luxurious houses, drive expensive cards, eat in expensive restaurants. So it's not true that someone who is rich doesn't spend money on their cloths and stuff.

[Wonder Work]

You can never personally guarantee who lives a more luxurious life between the rich and the poor. Many rich people have money but live a simple life and many poor people have no money but prefer to live a luxurious life. That is, whether rich or poor, those who have the mindset to live a luxurious life will only live a luxurious life.

Bro, I totally agree with you for once. Human life is spent in two ways. Some may have enough, but indulgence is very common in terms of luxury. Again, you will see that no one has anything, but he lives his life in very high luxury. In fact, it is very difficult to understand people's way of life. We cannot tell or understand what happens when or how his life is spent.

The issue of enjoying luxury is completely dependent on the person's decision to go or not go; no one interferes here. How do you see things, brother? I like things well. Dependent people like to be in charge and act that way.

[uchegod-21]

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?

Most times it does not depend on how much someone has, being rich or poor is a total ball game from someone's sense of dressing. Someone who loves to live and exorbitant lifestyle will surely buy expensive clothes and body accessories when they are rich. This is seen in some of the musicians and celebrities how the front jewelries of millions of dollars. In the other hand someone who does not like to show off or where expensive body accessories will also maintain a normal lifestyle no matter how rich they are. This can be seen in the person of Mark Zuckerberg of meta.

So, it all boils down on personality. However when we say the poor, we should mean that someone is finding it difficult to eat a three square meal. Someone who is able to afford all those listed in the picture above cannot be called a poor a person.

[Pi-network314159]

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.

What most of you whom reply this post have said is nothing but the true. I agree with you too. I just Think most of his photos are created to hain attention/attraction in the social media. But we all knows the meaning of that image in my own explanation I would classified the image In different meanings

We have two type of poor, 1 is the extravagant poor and the simple or business minded poor .

1) extravagant poor: are poor people that leave an extravagant lifestyle, spending unnecessarily just to feel Among even when he doesn't have it.

2 business minded poor: this set leaves a simple lifestyle and don't leave life to impress people but chose to chase his dream, but that doesn't mean he can to wear expensive things.

It could possibly be that he is poor but trying to feel Among, by spending all his funds that would have been used for investment to buy cloth and look good to impress people. Which is not a good one.

Then for the rich man, there two set of rich men, the simple Richman and the luxurious Richman.

1) simple rich man are those that chose to appear simple, no matter their wealth or their level of exposure. They leave expensive life when they see need for it. Under it we still have a business minded Richman whom think of investment all the time who hardly think of spending on luxury.

2) luxurious Richman are those richmen that love expensive life style and may decide to take it to any level.


All this I have explained now depends on what you
Chose among my explanation or.

[Cityhunter34]

Looking at both personalities in the image provided it clearly shows that the so called poor man isn't so poor after all judging from the total amount of money spent on an outfit, and there are two types of rich people in the world right now. 1; the ones that shows off their wealth in their clothing sense,  investments, properties and lifestyle. 2; the ones that doesn't show off in their clothing sense but lives a luxurious lifestyle.

Now talking about the poor spending the most in luxury it's essential to understand the reason behind it. For some poor/middle class it's about keeping up with appearances and feeling like they belong and for others it could be that they use the luxurious lifestyle as an escape from the emotional toll of poverty as luxury spending most times provides a sense of comfort, status and self worth.

In summary, neither the rich or the poor necessarily spend more on luxury, luxury spending should be considered a complex issue that can't be reduced to simple comparison.

[reagansimms]

What is seen in the picture is not entirely true, poor people and rich people have differences in terms of lifestyle, while the person in the picture is more accurately called a person who is forcing himself to look like a rich person or more precisely he is covering up his identity by pretending to be a rich person. Don't define something without conducting a survey of the lives of the majority of poor people and the lives of rich people, especially if the image is only a work of art where the figure in it cannot be identified. Luxurious living is always attached to the rich, while the poor continue to struggle in their own way to survive, instead of wearing luxurious clothes to be considered rich, they prefer to use the money to cover all the shortcomings in their lives.