12 things rich people don't spend their money on

There are things that say about a person's financial well-being. These are usually things like fur coats, jewelry, and expensive watches. Some are ready to save up money for years or even take out loans in order to be able to buy these things. However, wealthy people around the world have gradually stopped indicating their social status in this way.

We are big advocates of smart spending, and therefore we want to highlight the symbols of wealth that are no longer trendy. There are still many people who have not yet realized this.

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12 things rich people don't spend their money on

1. Gold jewelry.

Stylish and wealthy women tend to wear a more moderate amount of gold jewelry, usually to attend events. In addition, the quality of these items is their top priority. Some of them even prefer large pieces of jewelry.

12 things rich people don't spend their money on

2. Clothes and footwear from expensive brands.

Often, even very wealthy people are indifferent to branded clothing and wear regular jeans and mass-market sweaters, which are staples in their wardrobe and in everyday life. In one of his interviews, Bill Gates noted that the watch on his wrist costs $ 10, despite the fact that he could afford millions of watches from the most famous brands. Instead of shopping, wealthy people try to explore other pleasures that life has to offer, such as entertainment and travel. This means more to them than a new bag.

12 things rich people don't spend their money on

3. Plastic surgery.

Previously, plastic surgery was quite popular all over the world - everyone wanted to have a perfect body and a flawless face. Rich men would even offer to pay for the transformation of their “chosen ones,” while the girls did not mind at all. Today, more and more celebrities and wealthy people oppose plastic surgery and promote love for their bodies and wrinkles.

12 things rich people don't spend their money on

4. Fur coats.

Famous designers and their wealthy clients refuse to wear fur coats because they consider them unethical. There were cases when animal advocates applied paint to girls who were in fur coats. In addition, the state of California has a law that prohibits the wearing and sale of natural fur.

12 things rich people don't spend their money on

5. Flights in business class.

Rational people around the world want to travel modestly, even if they have the financial ability to pay more. For example, the founder of IKEA Ingvar Kamprad believed that business class is an unnecessary luxury, so all IKEA employees, despite their level, fly in economy class and live in inexpensive hotels.

12 things rich people don't spend their money on

6. Household appliances.

Rich people are reluctant to buy the latest in home appliances. If the previous model they bought still works fine, they don't see the need to buy a new one. At the same time, this rule is constantly violated by people with an average income - consumer loans are issued for any household appliances and gadgets.

12 things rich people don't spend their money on

7. Lots of knickknacks.

Successful people try to keep the design of their homes minimalist. Wealthy people increasingly prefer simplicity in their interiors, so as not to be distracted by household items and not waste time choosing and buying furniture or renovating it. It helps them free up time for family, relationships, meeting friends, and work.

12 things rich people don't spend their money on

8. Big house.

Wealthy people prefer to buy promising properties for little money in order to make a profit when it rises in value. For example, billionaire Warren Buffett still lives in the same modest home he bought in 1958. His cozy home in Nebraska cost him only $ 30,000; today it is estimated at $ 650,000.

12 things rich people don't spend their money on

9. Luxury cars.

Nowadays, wealthy people do not buy new car brands if their own car is in good condition and meets all their needs. Even Facebook owner Mark Zuckerberg drives a manual Volkswagen Volkswagen and says he never cared about "looking" rich.

12 things rich people don't spend their money on

10. Expensive education.

Millionaires know that free education is not much different from an expensive one, and success in life is achieved through discipline, determination, and perseverance. In addition, today large international companies are ready to hire young people for work if they have the necessary knowledge. This means that professional experience and real skills become more important than a diploma.

12 things rich people don't spend their money on

11. Buying lots of toys for your kids.

Successful people have come to the conclusion that they can harm their children by buying unlimited toys. Research also confirms this: 36 children were asked to play for half an hour with 4 or 16 toys. The children in the first group (who had 4 toys) were found to be more creative and come up with more interesting ideas using fewer objects. If parents spend time with their children and pay more attention to them, they will develop faster than if they just played with more toys.

12 things rich people don't spend their money on

12. Training and courses.

Personal growth courses are a business, and trainers there are not interested in the effective development of their clients. Because of this, it is impossible to radically change your life with the help of such training. Successful people know that you can only change your life by constantly working on yourself and your goals.

Keywords: Money | Rich | Celebrities | Fashion | Famous | Clothes | Brand | Finance | Jewelry | Expensive | People | Wealthy | World | Star | Lifestyle

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