re: Mark Zuckerberg Bargain Shopping. Why Do People Expect Wealthy People To Spend Their Money

I think that unless one is born wealthy then perhaps they still have a fear (backs of their minds) of being poor again.

If I had a net worth of $100m I'd still have a very hard time spending $300k on a new Huracan. OTOH, spending $100k on a stereo wouldn't bother in the least as I would probably use it at least once a day. The Huracan would probably sit so long that it'd need to be on a battery tender.

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Isn't not spending a lot of money on everything one way you stay wealthy?

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Yea that's bs. I can guarantee you he is not bargain shopping trying to find the best deals. Chances are his wife wanted to go out and look for tv's, and he was like "frick it. I heard this Costcos place was pretty lowkey. Let's go there."

He is not one of us. He's not looking at the tvs like "well I really like TV A, it's the perfect size and by a good brand. But it is $40 higher than the budget I allocated for this. I wonder if I could find this same TV cheaper somewhere else."

Exactly.

Sure, some random well-off person in CCLA might be as well-off as they are because they drive reasonable vehicles and shop smart. But Mark fricking Zuckerberg is not still rich because he bought a bargain TV.

Someone on page 1 said Bill Gates does the same. BILL GATES is not rich because he likes to shop reasonably. He might enjoy doing it for the hell of it, but that is by no means the reason he is rich.

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Sure, some random well-off person in CCLA might be as well-off as they are because they drive reasonable vehicles and shop smart. But Mark fricking Zuckerberg is not still rich because he bought a bargain TV.

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If you stick to a budget, cut down in expenses, never eat out, get rid of cable, don't go to the movies, don't buy alcohol,and only buy off-brand/shop in clearance section. You too can be a billionaire.