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How do wealthy people enjoy their wealth? Because they don’t seem to ever splurge?
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At least from what I’ve seen. Like I want a better motorcycle. That’s 10-30k. I am saving and investing now to be able to have enough year compound to buy a 30k motorcycle every year if I wanted, without it even touching my salary. That seems fine to me because I otherwise would have never seen a free 30k every year.

But a wealthy person might say, 30k is $300,000 in 30 years in an index fund.

I hear of people who never eat out, but discount foods, no new clothes, to save 100k. I don’t know if it is worth being that intense to save 100k asap when I can do it a few months later but enjoy eating out as well. One feels like starvation and the other 500 calorie deficit.

I just feel like people who even make millions a month maybe still don’t buy new clothes, or get a haircut. But why?

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2 weeks ago