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If you are completely broke (I once was), then $100 can make a major impact on your well being. On the other hand, $100 (or lack of it) is not so impactful on a
by didgetmaster 1y ago
If you are completely broke (I once was), then $100 can make a major impact on your well being. On the other hand, $100 (or lack of it) is not so impactful on a multi-millionaire.
This might lead some to believe that the poor person cares greatly about the money, while the rich person probably couldn't care less. But this is often not the case. One of the reasons why some people are wealthy and others not, is how much attention they pay to small details. Poor people can be very frivolous with money, while rich people can be very frugal. The opposite can also be true, but how you handle money is not dependent on how much of it you have.
- malfist 1y agoThe avocado toast economic theory! I don't think there's enough overlap between the two populations to say that X and a certain way because of Y.