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How much would an ordinary person earning $60,000 be prepared to spend on a big weekend blowout with live music, drinking, partying, clothes etc. Now scale that
by Veen 3y ago
How much would an ordinary person earning $60,000 be prepared to spend on a big weekend blowout with live music, drinking, partying, clothes etc. Now scale that up to a person earning $10,000,000.
- listenallyall 3y agoIt doesn't scale linearly, more like exponentially. Wealthy people can devote a much, much larger percent of their income towards discretionary spending.