13 Ways Poor People Waste Money But Rich Don't

Share
Embed
  • Published on Apr 19, 2019
  • It seems like rich people can get anything and everything they want, considering all that money they have! But then why don't they drop bills left and right buying things that poorer people take loans to get? Well, the purchases that wealthy people tend to avoid might actually shock you!
    #richvspoor #richhabits #richpeople
    Other videos you might like:
    Will You Be Rich or Poor? True Personality Test ruclip.com/video/QwqMbj88lT8/video.html&
    7 Main Differences Between Rich and Poor People ruclip.com/video/gsTjM2WFAeE/video.html&
    7 Little Things That Give Us Away Completely ruclip.com/video/p16xW94tdt8/video.html
    TIMESTAMPS:
    Expensive Grooming 0:24
    Numerous Credit Cards 1:05
    Junk Food 1:46
    Overpriced Homes 2:33
    Fancy Toys for Kids 3:15
    Personal coaches 3:44
    Fortune-tellers, mystics, and psychics 4:23
    Trendy Interior Designs at Exorbitant Prices 5:23
    Additional Education for Their Kids 6:09
    Video Games and TV Channels 6:53
    Luxury Brands 7:18
    Things That Won't Last 7:55
    Latest Versions of Popular Gadgets 8:22
    Preview photo credit:
    15.05.2004 Cameron Diaz sending a photo by handy to her boyfriend at the premiere of SHREK 2 during the 57th Cannes Film Festival, Cannes: By Semmer/FaceToFace/REPORTER/East News, www.eastnews.ru/pictures/picture/id/3494701/i/0/t/0
    Animation is created by Bright Side.
    Music by Epidemic Sound www.epidemicsound.com/
    SUMMARY:
    - Rumor has it that the Sultan of Brunei, Hassanal Bolkiah, spends $19,000 on his haircut. Even if that’s true, most rich people don't share this approach to grooming.
    - Only 8% of wealthy people have more than one bank card. At the same time, 77% of low-income earners carry numerous credit cards in their wallets.
    - Despite popular myths, rich people don't eat lobsters and ribeye steaks every day. But at the same time, they try to steer clear of junk food.
    - Even though almost any millionaire can afford a spacious house in a trendy neighborhood, they still search for good deals!
    - Most wealthy people try to stay reasonable and avoid pampering their children. They opt for high-quality and long-lasting toys as well as for something simple.
    - Most life coaches target low-income people who aren't at the height of their careers. A lot of people have an inherent belief in miracles, and for them, it's all too easy to think that there is a magic pill which can change their life for the better.
    - Since logical thinking and an analytical mind are some of the most important qualities for achieving success and becoming rich, it's no wonder that millionaires don't visit psychics and fortune-tellers.
    - New trends in interior design regularly appear in stores, and some people rush after fashionable home items, not wanting to fall behind in modern style. Interestingly, most of these customers are average income earners.
    - Most wealthy people know that too much of everything won't make you financially successful. And excess tutoring won't turn you into a skillful entrepreneur.
    - Obviously, the rich and powerful can afford clothes created by any fashion designer, but do they buy up all the latest collections? Nope!
    - All wealthy people realize that the cheapest item isn't always the most profitable. When buying something, you need to consider how the price tag today compares with the thing's worth over time.
    - Interestingly, millionaires aren't gadget-crazed. They can easily use old phone and laptop models as long as they work well. Besides, even if they do buy expensive state-of-the-art gadgets, that's most likely not because they feel the need to follow the trend.
    Subscribe to Bright Side : goo.gl/rQTJZz
    ----------------------------------------------------------------------------------------
    Our Social Media:
    Facebook: facebook.com/brightside/
    Instagram: instagram.com/brightgram/
    5-Minute Crafts RUclip: www.goo.gl/8JVmuC
    Photos: www.depositphotos.com
    East News
    ----------------------------------------------------------------------------------------
    For more videos and articles visit:
    www.brightside.me/
  • Howto & StyleHowto & Style

Comments • 786

  • BRIGHT SIDE
    BRIGHT SIDE  Month ago +90

    Hey there BrightSiders! If you could have a personal coach, which goal would you set?

    • subhani #
      subhani # 12 days ago

      Actor,and then live as many lives i want....

    • Simo Lina
      Simo Lina 17 days ago

      increase my spirituality

    • Carla Leonard
      Carla Leonard 29 days ago +1

      Poor people dont have money to waste they buy good pay theres bills and pay tbe gas in car will get to work they dont have cable or internet or things so cut bs out . middle class arent poor . poor people are working class who can barely buy three days of food out a check .

    • Aravind Pasala
      Aravind Pasala Month ago

      +navya kanth hahahaha what an answer

    • Christos Patsilas
      Christos Patsilas Month ago

      How not to spend money on thinks I don't need yet like a new cellphone or thinks I don't need at all,but you have done it allready,thanks😉

  • Celestial Sugarglider709

    I do all of this and im poor. I cant help but feel we dont really know what rich people do, theyre obviously not collecting chicken feed

  • Guadalupe Meixueiro Palacios

    Ikea founder is a sick stingy man. He has a mental disease.

  • friend
    friend 7 days ago

    Speak less than you know and show less than you have

  • Virtuous Warrior #YesIAm

    Rich people don't need to go to psychics, as many of them worship Satan from their very own homes. So no need to go to psychics when you already have direct access to him

  • PREET REHAL
    PREET REHAL 8 days ago

    🤣🤣

  • Sangana M Gosalia
    Sangana M Gosalia 8 days ago

    This is so true

  • mike luck
    mike luck 13 days ago

    Donald Trump is a billionaire and he eats McDonald's french fries and McDonald's hamburgers lol

  • Nitzney Mann
    Nitzney Mann 14 days ago

    My sister's employer is an owner and CEO of a certain local shipping company that operates in Oceania. But their family just rent a 100 m² small house in a middle class subdivision.
    A certain millionaire in our city has their kids study in a cheap public school without any body guards.

  • Prashant Dharwad
    Prashant Dharwad 19 days ago +4

    Rich people don't watch this, instead they concerned about their work and presence😊😊😊☺️

  • Handbag Lover
    Handbag Lover 22 days ago

    Poor people have iPhone Xs while rich people still have old model iPhone.

  • Prafull Pande
    Prafull Pande 23 days ago

    When u have money to spend
    You don't have time to spend

  • Pema Tsewang
    Pema Tsewang 24 days ago

    Rich people always think about money don't know how to live happily 😊😊😊

  • Den Jerin Caballa
    Den Jerin Caballa 24 days ago

    tony stark likes cheeseburger

  • max ximum
    max ximum 26 days ago

    So wat is Cameroon Diaz doing in thumbnail????

  • Taaki
    Taaki 28 days ago

    14. a partner

  • Dipto Dhar
    Dipto Dhar 28 days ago

    I Don't like to waste money without any reason.

  • Nepali Tech24
    Nepali Tech24 28 days ago

    1. Expensive grooming
    2. Numerous credit card
    3. Junk food
    4. Overpriced home
    5. Fancy toys for kids
    6. Personal coaches
    7. Fortune
    8. Trendy interior design
    9. Additional education for kids
    10. Videos game and TV channels
    11. Luxrary Brand
    12. Things that want last
    13. Latest version of popular gadget

  • Prince just
    Prince just 28 days ago

    stop trying to talk like the alux lady!!!!

  • Jeremy Baby
    Jeremy Baby 28 days ago

    Well I don't spend on these things either, not because I'm rich, in fact I don't have monies 😂🤣

  • random vlogs
    random vlogs 29 days ago

    Hi bright side m a big fan of u

  • Varalakshmi Vara
    Varalakshmi Vara 29 days ago

    Even I won't spend a lot money if i have 100 rupees
    Spend only 1 rupee and i will save 99 rupees

  • Holly Titus
    Holly Titus 29 days ago

    I do not agree with this video. You can't make blanket statements about rich people vs poor people.

  • Whatever People
    Whatever People 29 days ago

    Ridiculous

  • Arindam Paul
    Arindam Paul 29 days ago

    Most of the rich have only one credit card because that Amex Platinum credit card will give them all the facilities they need. Also, they have high limits on their credit cards. So, someone has much more reason to steal the card unlike that of ordinary people. The logic is completely wrong.
    The rich people will buy an Apple laptop worth 3000 dollars and will keep that for 4-5 yrs. A rich people get the most expensive apple watch again for 700 dollars and keeps that for 2 yrs. Now, compare that to an average person who buys a 500-800 dollar laptop and buys another in 2-3 yrs. They are still spending much less than the rich person. Same with the phone or a watch.
    Video games are cheap and that is why poorer people use that. Rich people have expensive hobbies like golf or horse riding. And, many do have expensive cars which they can drive on F1 tracks.

    I think a higher % of poorer people cut their own hair as compared to rich. This statistics is just wrong. You cannot pick and choose a few billionaires. Why do you choose billionaires who have simpler lifestyles? Just look at Indian billionaire Ambani and how much he spent on his daughter's wedding. He had Hollywood stars come to the wedding. Also, when a poor person goes for a haircut, he goes to a great clip which costs 10 bucks while a rich person will get a very expensive haircut.
    Also, why is it that we want to worship rich people in this country. For some people, they can get an option to do high stress, 70-100 hr job which pays 2.5 x and many choose a 40 hr work week for less pay.

    Most rich people are born rich. In that case, they get a lot of things easily which others don't. If your kids go to the best private school with other rich kids, then they do not need additional coaching. On the other hand, if they go to an inner-city school with fewer facilities, they need coaching. This video is trying to shame poor people. I think the vast majority of them try to make the best. Yes, there is a small % who make foolish choices.

  • Antor Medrano
    Antor Medrano 29 days ago

    notice how ppl who wear almost the same cloth are the 1's who have more $

  • Samyojeet Dey
    Samyojeet Dey 29 days ago +1

    Thats a real motivational video. More people should watch this.

  • Er Nikz
    Er Nikz 29 days ago

    In which software did you create this video ?

  • Can I get 1000 subs without any video

    And those rich people are called BANIYA in India

  • arun kumar
    arun kumar 29 days ago

    Most of the things this video telling is having no relationship with reality. Reality is almost opposite.

  • deepak s
    deepak s 29 days ago

    You are only speaking of rich who came from poor background.their kids are real rich who live lavish life and perish.

  • Artisan Aster
    Artisan Aster 29 days ago +3

    Are you saying I'm on my way to riches??

  • Reddylion
    Reddylion 29 days ago +1

    Oil money middle east terrorists...

  • SAMARTH SRIVASTAVA
    SAMARTH SRIVASTAVA 29 days ago +1

    So how much rich are you?

  • Sufi
    Sufi 29 days ago

    Live like uncle Scrooge in short 😂😂😂😂

  • Aurora h
    Aurora h 29 days ago +4

    Kinda silly , they have shown an Arab person as Sultan of Brunei, moreover standing in UAE!!
    For heaven's sake Brunei and UAE have different clothes.

  • Mary Manuncia
    Mary Manuncia 29 days ago

    not true.

  • Alum brenda
    Alum brenda 29 days ago

    Ur so right

  • salmon can
    salmon can Month ago

    u will reach greater heights in ur life if you have this 3 qualities. 1. Interest of what ur going to do. 2. Knowledge bout the thing ur going to start. 3.Right Attitute will make u work more harder.

  • Sam Shendre
    Sam Shendre Month ago

    Well it's good to stay healthy but there is not enough reasons left to save all your money and cut back on your spendings. Sure it's always recommended to have savings just in case things go wrong. Nowadays economy is more toward lifestyle , we all will be fighting for water by 2050 and global warming will hog the planet. So make a balance between a good lifestyle and saving to enjoy rest of your days

  • John Batchler
    John Batchler Month ago

    U could have all the money in the world but it still don't have u survival skills

  • Carroll Long
    Carroll Long Month ago

    Your not telling the whole story about Warren Buffet..he Travels a Lot on His Multi Million Dollar Jet and has a 11 million dollar Home in Laguna Beach.

  • Subhosmito Chakraborty

    All this and then there's Mukesh Ambani

  • Im Rah El
    Im Rah El Month ago

    Most wealthy people do morally comprising things to reach that status. That's a fact.

  • SMK Mosharraf
    SMK Mosharraf Month ago

    So true

  • Rahul Shirsath
    Rahul Shirsath Month ago

    Why Cameron Diaz in thumbnail?

  • Mayur Soni
    Mayur Soni Month ago +5

    When Mahata Gandhi was in Africa. In order to avoid unnecessary expenses he use to cut his hair on his own

  • Xaber kot
    Xaber kot Month ago

    💯

  • Lukasz Manczak
    Lukasz Manczak Month ago

    I'm a Christian and I know that going to fortune tellers & psychic can be very dangerous - my good friend had to go to exorcist because of that so put rather your faith in God that magic.

  • Andre Gayle
    Andre Gayle Month ago

    I've had the same Samsung Galaxy A5 for 5 years now. Works perfectly fine still so why bother get a new one just to show off. And the camera is AMAZING.

  • Nelly Shiimi
    Nelly Shiimi Month ago

    anybody can help me..I have a sister and mom i lost my father a long time ago, I cant afford my university tuition fees. please help me.... i will submit all required documents.!!any donations will help...#[email protected]

  • Jay Room
    Jay Room Month ago

    only poor people watch this kind of videos...

  • Sadaqat Ali
    Sadaqat Ali Month ago +1

    what about her dress?
    u have any idea it may cost equal to 10 iphones xs max 512 gb or more expensive
    everyone have there own preferences

  • jiren the gray
    jiren the gray Month ago

    Thanks for uploaded important videos.

  • DJ DIGITAL
    DJ DIGITAL Month ago

    Educational🤔

  • pooja Parmar
    pooja Parmar Month ago

    this is you can't do it easly mostly. ..

  • Vishambar Chauhan
    Vishambar Chauhan Month ago

    Not all rich people are sensible in spending money

  • R Ish
    R Ish Month ago +1

    What???? A actual decent video from Bright Side?

  • shekhar sharma
    shekhar sharma Month ago

    Rich people dont waste their time

  • A.D. B
    A.D. B Month ago

    I don't buy large quantities of raw food because it's cheaper.. I realize I won't eat all of it and wood waste much of it. Instead buy smaller quantities of what I will eat, even at a higher price.

  • Ulaş Şahin
    Ulaş Şahin Month ago

    Puhaha millionaires don't visit psychics and fortune tellers 369

  • Refael Ath
    Refael Ath Month ago

    I think thet having to meny credit kan hert you to

  • Nayan Grover
    Nayan Grover Month ago

    7 is not true, for reference check why mukesh ambani didn't move into the most expensive house in the world for three years

  • Manuel DeOliveira
    Manuel DeOliveira Month ago

    I HATE LOUD MUSIC !!!!!

  • Muthanna Ryadhe
    Muthanna Ryadhe Month ago

    so, you tell me that rich ppl have no joyful life?

  • Dan Hayes
    Dan Hayes Month ago +1

    It's one thing to become wealthy. Its another to keep it and maintain it. Blowing it will eventually make the money disappear. Same as car maintenance keeps a car running well. Physical fitness keeps the human body well. Well financial decisions are another important factor in keeping your wealth

  • Dan Hayes
    Dan Hayes Month ago +1

    Well its simple. If rich people stay rich. They are very physical responsible. To stay wealthy You would save money. As well as make it.

  • Brandon Calvilo
    Brandon Calvilo Month ago

    YOU SHOULD WATCH AND READ NEWS ABOUT THE EXTRAVAGANT LIFESTYLE AND SPENDING OF THE SULTAN OF BRUNEI! IT IS OUT OF THIS WORLD! 😮😮😮😮

  • Creep
    Creep Month ago

    You can't hack into old phones

  • MattyBoi914
    MattyBoi914 Month ago

    A perfect example is what the average person does when they win money or inherit money.

  • sandeep singh
    sandeep singh Month ago +1

    I am glad too see similar thing between rich and me. time to learn more to become a happy person.

  • Sultan Sumairi
    Sultan Sumairi Month ago

    This is bs!!!! Why would they keep gathering money then??! If that's true about them, then I would prefer to not become a wealthy one.

  • Matthias Gangmei
    Matthias Gangmei Month ago

    It's True

  • bernie-beltran munoz

    #9 and the Asian family lol

  • The Rabble Rabble Show

    Wonder how can I be rich in Jamaica

  • abdul mudalgi
    abdul mudalgi Month ago

    Just do what you like and what you want... spend money spent quality time!!!

  • Basic
    Basic Month ago

    No one can pay a price for a soul neither can buy life. It's better to have riches in heaven than to waste your time chasing after money on earth..

    • Basic
      Basic Month ago

      If you are morally poverted, no piece of money can make you rich.

    • Basic
      Basic Month ago

      That's why it's good to set the mind on things eternal, not temporary fads

  • Mohd Mustapha
    Mohd Mustapha Month ago

    I don't work in office so I don't waste money in fast food and expensive shirt pants best for me home food and bottle of water some mars bar for snacks. As a driver life time black jacket and tee on jeans simple shoes it's matched where ever I go in weekends. Buy my company shirt 2 for $10 comes with short sleeves and long ones. Good tips for you 😊

  • wandawang
    wandawang Month ago +5

    4:24 a popular Chinese saying : 「窮算命,富燒香」.

    • Wei Lee
      Wei Lee 29 days ago

      Rich people in Asia believe very much in fortune teller and Fengshui master
      They even have their own private master to serve their family or their entire group of companies

    • SAMARTH SRIVASTAVA
      SAMARTH SRIVASTAVA 29 days ago +1

      Same in India 😁

    • LIL FLOW
      LIL FLOW Month ago

      Why?

  • Krissy Armada
    Krissy Armada Month ago

    I have rich peoples mindset but why am i poor lol

  • Kruti Mehta
    Kruti Mehta Month ago

    I loved this video:) it’s true and anything in life can be achieved by being simple and determined towards our goals

  • SirMTS
    SirMTS Month ago

    This video is not for me because I'm POOR

  • Wayne Vandervort
    Wayne Vandervort Month ago

    sweet

  • William Paul
    William Paul Month ago +4

    Can't watch this due to the darn music. WE don't need to music!

  • L David Ben Rymbai
    L David Ben Rymbai Month ago

    So basically rich people are misers Lol.

  • David Cars
    David Cars Month ago +1

    So true!

  • steph g
    steph g Month ago

    huh, i'm rich mind oriented, just dont have the cash yet, at least i MIGHT be good with it if it comes my way.

  • SUBODH KUMAR
    SUBODH KUMAR Month ago +1

    Point no. 4 is wrong for India. Mukesh Ambani has the costliest home of the world.

  • Fun with Karina
    Fun with Karina Month ago +31

    Title:13 ways poor people waste money but rich people don’t


    Me: Poor people don’t have money

  • cristianvencesjaimes

    I do all the things rich people do 😂 but I'm still poor

  • Dwain Mcarthur
    Dwain Mcarthur Month ago

    Wealthy people don't waste money on lotteries. Ever notice poorer people spend hundreds of dollars buying lottery tickets while wealthier people may buy one or none at all?🤔

  • RedLight GreenArrow

    As for the gadgets this video is spot on. One of my clients is a well renowned writer. He uses an iPhone 6, and uses an older Dell laptop. Lives in a humongous house though with an elevator.

  • RedLight GreenArrow

    Most rich people I know have one to two cards. A debit card with a “private bank” and one nice credit card.

  • Stella Siu
    Stella Siu Month ago

    Rich people psychologically are rich, they do not need any expensive stuff to make them important. However, people follow the trend, buy designer brands and latest electronics just show their lack, need something to boost up their identity. Not all people like this but just a reflection inside how people think, not hard to see their motives. If you feel comfortable with your simple life style, you are rich and confident already.

  • Hannah King
    Hannah King Month ago

    I get my haircut once a year. Dont get my nails done. My clothes are all hand me down. My kids have their needs met. I'm still broke. Lol

  • Abhishek Soni
    Abhishek Soni Month ago +1

    I shocked by voice

  • Somebody Weird
    Somebody Weird Month ago

    I have private tutoring just because my Chinese sucks but my maths is mostly taught in school and my dad

  • 1959Bigfoot
    1959Bigfoot Month ago

    I tried to buy a flip phone. (I was am sick of the spying and the outrageous fees.) You can’t get one any more. They only offer smart phones now.

  • world wide movie's channel

    I watching your video since 8 million subscribers 😀😀😀