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Do you realize that many of those millionaires have gotten to that position by saving and studiously contributing to a retirement account/mortgage payment while
by hueving 9y ago
Do you realize that many of those millionaires have gotten to that position by saving and studiously contributing to a retirement account/mortgage payment while on a regular income? A significant portion of those would never even think about spending money at Gucci.
Gucci's clientele are the 5m+ crowd and people obsessed with social signaling.
- emodendroket 9y agoThere's a happy medium somewhere between blowing all your money on frivolities and never enjoying any of it. I wear a lot of clothes from Walmart, but I spent $2k on my PC when I built it and I'm driving a car that, while reasonable within my budget, is more expensive than something like a Camry. I can easily imagine someone else going with a cheaper car and computer but preferring fancy clothes and accessories.
- username8884547 9y ago>>A significant portion of those would never even think about spending money at Gucci. and a "significant" portion apparently do. This money thing is weird...at some point you realize that you actually can afford x, y, and z. So you start enjoying it.
- hueving 9y agoNo you don't. Just because some people waste money on something doesn't mean everyone or even a majority does. If meth dealers were legal, they would be positioned right next to Gucci stores. The markup is similar and the utility is about the same.