13 Things Wealthy People Usually Don’t Spend Money On, But Less Wealthy Are Willing To Go Into Debt For Them

There are several things that can indicate about a person’s financial situation. They can range from fur coats, large and rare jewelry, to the most expensive watches. Some people are willing to save for years, and even take out loans, to get their hands on some of these “whims”. However, really rich people are less and less resorting to such things as a way to confirm their status Social.

We, from awesome.club, we are in favor of a rational economy and, therefore, we find some ostentatious symbols that are no longer in fashion. Unfortunately, many still don’t realize this. Follow!

Rich and elegant women usually wear only the minimum amount of gold jewelry before leaving home. The important thing is to prioritize the quality of the stones. Many also opt for larger sized jewelry.

For those who do not have a stable enough financial situation, buying gold is still like an investment🇧🇷 Acquiring gold in the form of jewelry is a way to financially prevent yourself from some day of extreme need. In this way, we see many women who do not have a high financial condition using jewelry of this type after investing years in buying them. The only “but”, however, is that such women often adhere to the principle of “the more, the better!”

Often even very rich people are indifferent to designer clothes and, in everyday life, they walk around in simple jeans and sweaters from ordinary department stores, which are the most basic pieces of anyone’s wardrobe. In an interview, Bill Gates himself confirmed that he was wearing a wristwatch for only 10 dollars, despite being able to buy millions of pairs of watches from the most luxurious brands. Instead of going shopping, many rich people prefer to spend money on other pleasures in life, such as entertainment and travel.

In the past, plastic surgery was fashionable all over the world — everyone wanted to have the perfect body and face, eliminate imperfections. Wealthy men could offer their partners some surgery or cosmetic procedure, and these, in turn, accepted the “treat”. This was quite recurrent. Nowadays, however, more and more celebrities are going against plastic surgeryand praise the love for one’s own body, whatever it may be, as well as wrinkles and imperfections.

However, many girls are still not ready to be seen “naturally” and still save on many pleasures and everyday necessities to be able to pay for one. lip filler, silicone, liposuction, among other procedures that promise to bring youth back. This is all in order to get closer to the much sought after “beauty ideal”, which, it seems, is gradually becoming an outdated trend.

Famous designers and their well-heeled clients are increasingly excluding natural fur coats from their wardrobes, as this is now seen as a common practice. unethical🇧🇷 There have been cases where representatives of animal protection institutions threw red paint on women who were wearing natural fur coats. In California, by the way, there is a state law that prohibits the use and sale of fur.

For some women, however, fur coats are still an item that exudes luxury and status🇧🇷 In fact, such garments can easily be replaced with sports coats for severe cold weather, winter coats or even an excellent faux fur coat.

The vast majority of people are willing to travel modestly, even if they have the financial conditions to pay more. For example, IKEA founder Ingvar Kamprad believes that flying business class is a unnecessary expense and therefore all IKEA employees, regardless of their position in the company, fly economy class and stay in low-cost hotels.

Many people, however, with average income, are willing to pay extra to have the luxury of business class on their trips, not to mention that flight prices are increasing every year and prices, specifically for business class, are the same which show greater growth. In truth, thanks to your existence, airlines are able to maintain affordable prices for economy class. When you think about it, an executive flight doesn’t seem so attractive anymore, does it?!

Another item little sought after by the wealthy are home appliances. If the previous version of a device is working fine, there is no need to buy a new one. This rule is broken by thousands of low- and middle-income consumers around the world: benefits are created literally in any appliance or electronic device🇧🇷

This also applies to appliances that are used only once, such as waffle, ice cream, pancake and fondue makers, for example. Most of the time, these gadgets are only used once or twice and then tucked away in the back of the closet to remind their owners of the money that was spent.

Financially successful people tend to adhere to minimalism when it comes to the interior design of their homes. There is a greater preference for simplicity for them to avoid being distracted by household appliances and not wasting time on construction work or choosing furniture. This, in turn, gives them more time to spend with their families, partners, friends and, of course, work.

Often, middle-class people choose to fill their homes with decorations and furniture in order to follow fashion trends. They seek to improve the interior of their homes oftennot necessarily evaluating the items that are really necessary and not spending money on things of greater importance for everyday life.

People with high financial stability often choose to buy low-cost but promising real estate, so that they can make some profit from the purchase in the future. The billionaire, Warren Buffett, for example, still lives in a modest house that was bought in 1958. Warren’s cozy house is in the state of Nebraska and cost only 30 thousand dollars (125 thousand reais) and today its value is estimated at 650 thousand dollars (2.7 million reais).

Mexican billionaire Carlos Slim, whose fortune is estimated at 50 billion dollars, also lives in a relatively modest house, bought a long time ago, and he avoids spending money on expensive electronic equipment. Amancio Ortega, the founder of the Zara department store, Don’t let the money go to your head either.: he and his wife live in a simple house in Spain. Stanford University professor David Cheriton, who owns 1.3 billion Google shares, once said in an interview, “These people who build houses with 13 bathrooms, etc. — there is definitely something wrong with them.”

Many representatives of the middle class, in turn, are guided by the idea that in order to live a full life and raise a family, you must, at some point, build or buy a house where your children will be able to grow up. Often, however, such works or financing tend to last a lifetime, until the children are adults. Money for many of these families is hard earned, which reduces free time and energy over the years; and expenses with financing or works normally represent the largest part of income.

upper class people don’t buy new cars when there’s no real need🇧🇷 Even Facebook founder Mark Zuckerber drives a stick-shift Volkswagen and says wealth has never been such an irresistible temptation for him.

Despite this, many people around the world use cars as a form of self-affirmation and ostentation🇧🇷 The lack of money for the purchase or maintenance of such vehicles is not seen as a problem, since such people are willing to take out loans or pay in several installments, just to get that car that costs more than they can afford.

Millionaires know that public education is often not much different from private education (and in some countries even better). Success, in reality, is obtained through a lot of discipline, determination and persistence. Nowadays, several international companies are hiring young people who have the necessary potential and skills. Ie, professional experience and tangible skills are becoming much more important than a higher education degree.

Some people feel, however, that if they pay for a higher education and receive a degree, that will be their ticket to a life with lots of money. The result is that, in many countries, young people use student finance so that they can study at a university. The problem with this is that, most of the time, these students spend 5 to 10 years working after finishing their studies to pay off the entire loan, and end up wasting valuable years of their lives experiencing financial difficulties.

Successful people have come to the conclusion that by buying toys for their children (in unlimited quantities) they can do more harm than good for their little ones. One survey evaluated: 36 children were divided into 2 groups, one of which would play in a room for 30 minutes with 4 toys, and the other with 16 toys. The observed results concluded that the children in the first group — with 4 toys — were much more creative: they had to invent different games and ways to entertain themselves with a smaller amount of objects. If parents spend more time with their children and give them more attention, children will develop faster than if they spend most of their time with lots of toys.

Meanwhile, most parents admit that their children are full of toys: the bears, barbies and dolls need a separate room just for them. The child will not have time to dream: he has everything, and his desires are achieved too quickly. Creativity and imagination are highlighted when resources are more limited. Parents, however, in an attempt to demonstrate their love, buy everything that they themselves did not have in their childhood.

Personal development courses are business, and “coaches” are not necessarily interested in effective client development, so it is very difficult to transform your life with the help of such courses. Successful people know that…