Is a wealthy person at liberty to spend money anyhow?

[Kera]

People that are living averagely need to look at how they spend money so that they don't go broke. But it seems the rich people are not bound by such limitations and are at liberty to spend money extravagantly.

Can rich people spend anyhow simply because they are rich?

 

[Trush Jodie]

There are kinds of wealth that are always replenishing. Such kinds of people with such wealth can afford to spend anyhow.

 

[Springtime]

Basically, very rich people can spend any amount of money as they wish. But if they make investment, there is a chance they will lose. There are rich people who go broke because of making bad investments.

 

[freelancermaria]

Wealthy individuals are more willing to spend since they understand that their expenses will eventually be replenished through their businesses and investments.

 

[aninditasen]

People that are living averagely need to look at how they spend money so that they don't go broke. But it seems the rich people are not bound by such limitations and are at liberty to spend money extravagantly.

Can rich people spend anyhow simply because they are rich?

The rich don't spend extravagantly and that's the reason they are rich. The spend huge amount when they have to show their status which they are very conscious of.

 

[eLdavis]

Even the rich don't spend as they want to, they also have expenses they need to sort out as well. Making the money is also not an easy feat as well.

 

[Suba]

Rich people are not always free to spend their money, but tend to be wiser and smarter so that income will always be greater than expenses. Of course, rich people always have various sources of income. In assessing the spending of rich people, it is not from the amount of money they spend but from the percentage of income which is of course very small.

 

[King Belieal]

Rich people in my country love to spend money just to show themselves. A rich man can just enter a bar and declare free drinks for everyone at any capacity they can drink.