Saturday 4 June 2011

Cheap rich people,what is their problem ?

Sometimes I see them at Wal-Mart,K-Mart,and BigLots just looking for the cheapest prices.


One of my co-workers mother in law buy her clothes at Sally%26#039;s Army and got kicked out of there one time for changing the price tags.|||I agree with some of the answers already stated. My husband and I make decent money and pay a crap-load of taxes. However, we never have more than 1 car payment at a time, and I love to shop at Goodwill and other thrift stores.





This is unlike his cousin who must have 10 $300 purses (mine is JC Penney $15) and weekly manicures and pedicures and she is a stay-at-home mom with only dad working.





It%26#039;s a choice we all must make. I like my money and I want to be able to retire decently. I choose not to spend foolishly.|||You can%26#039;t have your cake and eat it too?|||There is a different between being frugal and stealing. Switching price tags is stealing. Living below one%26#039;s means, or looking for bargains....well, how do you think those people got to be so rich to begin with?|||lol





Thats probably why they are rich in the first place|||Many rich people are thrifty. They stay rich because they live like they aren%26#039;t. Just because they have it doesn%26#039;t mean they have to spend it.|||they stay rich by ripping off others|||Rich people who spend a lot of money don%26#039;t stay rich for very long.





The people you see in designer stores are often sales clerks somewhere else living on a mountain of debt.|||A study of rich people shows that this is how they get rich. They don%26#039;t waste money (not so much by changing price tags, that%26#039;s theft). One element of financial success is not buying everything just because you can, but instead to keep your cost of living down, save, live decently but not extravagantly (sp). You can call them cheap I guess, but most people who suffer financially do so because of choices they make, not so much because of how much money they make.|||Funny question! There%26#039;s a book called Trading Up, published last year that talks about that...the mercedes benz in a wal-mart parking lot syndrome...read it! In the meantime, enjoy these quotes:





%26quot;Something had gone wrong in America. Having too many things, they spend their hours and money on the couch searching for a soul.%26quot; - Pulitzer Prize winning author John Steinbeck of the American society in the 1950%26#039;s.





%26quot;In a nation that was proud of hard work, strong families, close-knit communities, and our faith in God, too many of us now tend to worship self-indulgence and consumption. Human identity is no longer defined by what one does, but by what one owns. But we%26#039;ve discovered that owning things and consuming things does not satisfy our longing for meaning. We%26#039;ve learned that piling up material goods cannot fill the emptiness of lives which have no confidence or purpose.%26quot; President Carter, 1979.|||A lot of people who have a lot of money keep it by bargain hunting. Switching price tags is not bargain hunting. that%26#039;s just plain thievery! If someone is saving money by stealing, they probably don%26#039;t have that much money to begin with. On the other hand, some are just penny pinchers and, are so tight, they can%26#039;t enjoy what they have...money!|||What is your problem with people who earned their money spending it how they see fit? Maybe the wealthy people at discount stores have a problem with people living paycheck-to-paycheck shopping at high end stores and spending money unwisely.





And they would have a point. People should feel some sense of responsibility in how they handle their finances. Maybe if people didn%26#039;t act like foolish consumers and fashion slaves, we wouldn%26#039;t have to fork out so much tax money for people who can%26#039;t support themselves.|||One of the richest men in the world live%26#039;s in the same middle-class house he bought in the 60%26#039;s.





Many people become %26quot;rich%26quot; not by making a ton of money, but by saving a ton of money. Benjamin Franklin said, %26quot;A penny saved, is a penny earned.%26quot;





As to the price switcher, that is retail fraud and it is a shame she was not prosecuted. That%26#039;s not cheap, that is theft.|||That%26#039;s how they got rich by being cheap.|||I suggest you read the book %26quot;The Millionaire Next Door%26quot; by Thomas J. Stanley and William D. Danko. Changing price tags is tacky and illegal. But there is nothing wrong with being frugal. Perhaps after reading that book you will have a better understanding of money and be on the path to make more of your own.|||No wonder you are poor.