Why Poor People Think Rich People are Cheap

Have you guys ever heard this before “ that guy has so much money” but yet he is so cheap, my goodness he drives a 2010 Civic when he can own whatever car he wants. But the truth that’s exactly what the guy is driving, exactly what he wants

So in this video, I’ll tell you exactly why poor people think rich people are cheap, and why a lot of rich folks give up on trying to explain themselves.

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If you spend Money on things, you’ll end with the things and not with the money

Theirs a real life example of this

People say that if they had the money they would buy all the amazing things things life has to offer

But when ever they see someone like Iron Mike Tyson do it, and go bankrupt because of it, they call him idiot

Rich People Understand:

That value of money comes from the options it gives you in life

If I went out their and I spent $60,000 on my Dream Car, I would have the car and it would be amazing awesome driving it but…

I would no longer have $60,000 that turn into 1M in 30 years



Poor People say:

waiting 30 years is to much, but the average millionaires is in 50s

poor people would finance for 5 years or lease and turn 60k into 35k like idiots



Delayed gratification

The most valuable option that money can buy is financial freedom

Its expensive, it takes a long time and the odds are not in your favor

So its normal for people to think that you are crazy when you are trying to achieve it



1 Coin and two sides

At age 19, every dollar I made I spent on clothes, and I got a lot of eyes on me

At 22 I think it was, every dollars became an investments, cloths came from good will, and most of the funds went into the business

Today I live from that labor , but the money I have is option, and the option could be to buy my dream car or to keep financially free ( I pick the ladder )



However: Options become more reasonable with time

When you are broke your priorities are different

When you have a million dollars, and you want to buy a $60,000 car its not a big deal







Price doesn’t mean quality (white labeling )

When I was younger, I want the most expensive things.

The most expensive laptop, and the top-notch phones, because they were more expensive those the quality had to be better, well that wasn’t true

Buy things based on your needs not on status.

I have an Iphone 14 pro, it’s a complete waste of money for me and for most people

People that need it, should just get a real camera, and the people that don’t need it, shouldn’t buy it

So me personally I’m selling this phone



Here are Some facts

Rich people buy quality cars like Toyota, Mazda and Hondas

Rich People Live in homes they can pay off in 15 years or less

Rich people tend to value their time more



Poor People

Are the ones buying the luxury cars?

Spending money in the fancy restaurants

Getting into a bunch of debt

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

Видео Why Poor People Think Rich People are Cheap канала TommyBryson