13 Ways Poor People Waste Money But Rich Don't

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  • 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
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    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.
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Comments • 959

  • BRIGHT SIDE
    BRIGHT SIDE  5 months ago +109

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

    • Content In Motion Channel
      Content In Motion Channel Month ago

      BRIGHT SIDE you'll not find a millionaire watching your video

    • Baby Baby
      Baby Baby 3 months ago

      It will be much better if there’s no background music to distract the content

    • subhani #
      subhani # 4 months ago

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

    • Simo Lina
      Simo Lina 4 months ago +1

      increase my spirituality

    • Carla Leonard
      Carla Leonard 4 months 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 .

  • Mary-de Moss
    Mary-de Moss 10 hours ago

    I never buy new clothes, I've got an item of clothing for each purpose so I don't buy anything new until something needs to be replaced.

  • BeiTuKar
    BeiTuKar 2 days ago

    I have every things that on this video but i still poor😁
    But i still happy with it

  • kdgkh xx
    kdgkh xx 4 days ago

    Poor people try so hard to look rich and thats why they stay poor

  • Katie Jay
    Katie Jay 5 days ago

    Great message but soundtrack is annoying 😔

  • Michael Jordan
    Michael Jordan 6 days ago

    999999999999999

  • Sackoybroz And friends

    Eewww poor people

  • Laura Lisa
    Laura Lisa 7 days ago

    He doesn't wear a 10$ watch anymore... he now wears an not so cheap OMEGA one ))))

  • GHOLAM YAZDANI
    GHOLAM YAZDANI 9 days ago

    You want to control our minds hahaha forget about it donkey

  • Najlaa Hamdan
    Najlaa Hamdan 21 day ago

    So..Rich people collect money for what? ...in what they spend their money..???

  • Army AB
    Army AB 21 day ago +1

    Now I have 5 dollars in my pocket ( I am 12) After 5 years I will come again and tell you how many I have - Like so I can find my comment after 5 years

  • C0SMIC D3VIL
    C0SMIC D3VIL 21 day ago

    BS!!!

  • Leonard Damian
    Leonard Damian 24 days ago

    Thanks alot.

  • mobinul islam abu tayeb
    mobinul islam abu tayeb 24 days ago +1

    I never bought a PC because I did have money to buy..... Hehe. .. it's true though

  • manja nath
    manja nath 26 days ago +1

    I don't waste money

  • manja nath
    manja nath 26 days ago +1

    Yes

  • ovecboy
    ovecboy 29 days ago

    I'm not rich, and don't really want to be rich, just live my boring, lower middle-class life. I can pay bills, feed my family, and vzy the stuff I need. I don't need the latest iPhone, or any kind if iPhone, mainly becouse I hate iPhone, and all the mass histeria and worshiping around it. Still I buy a new phone in every 2-3 years, simply becouse these modern gadgets just don't really last longer. But still, I don't buy the latest model of my favourite ANDROID phone brand, becouse the older, therefore cheaper version usually has the specs I need. I have two money-wasting "habits" though. I have a hobby car besides my daily driver, and I smoke (I got to die somehow, in our counrty I can't even hope for any income in my elderly years, so the best is to die early 😎😎)

  • Davy Du Tré
    Davy Du Tré 29 days ago

    Rich is simple if you are very happy you are a whealthy person

  • GlamourousHealth
    GlamourousHealth Month ago +1

    👑J.P. Morgan.... Never made a business move without consulting his Astrologer!!!! 💥💥💥

  • Razian Amira
    Razian Amira Month ago

    *Poor people's smartphone*
    Facebook
    Instagram
    Mobile Legends
    Candy Crush
    *Rich people's smartphones*
    Facebook Workplace
    LinkedIn
    App Maker
    Bitcoin Mining

  • Razian Amira
    Razian Amira Month ago

    The poor eat at restaurants, maybe fast food = DIABEETUS.
    The middle class buy food from the market and cook at home, might contain harmful chemicals.
    The rich *grow their own food.* They have their own garden, full of fresh fruits and fresh vegetables, 100%. No need to buy modified food at the market.

  • Nika Nailekara
    Nika Nailekara Month ago

    I have a "high end" telephone... but not the latest version... because I need it to WORK ... I´m an interior design -architect and I when I´m in a construction site It´s way too uncomfortable to carry homeplans ,samples... PLUS a tablet.... The Galaxy Note has an excellent Stylus to use as a mouse on the apps I need ( that includes CAD and BIM) and it fits in my pocket giving me more freedom than a tablet or a computer.
    I started with a Note 2.... when the battery crashed I bought a Note5 and it still runs perfectly. Have no rush on updating since it works better than most new ones. Never stalled, never overheated.... never let me down.

  • Lolita De Guzman
    Lolita De Guzman Month ago

    I dont buy food that requires me to pay taxes i only buy fresh food its healthier and cheaper, i dont buy brand new car either i dont buy clothes i sew my own..

  • rohit gulati
    rohit gulati Month ago

    I have 2 millions in bank account and still use android 4.3 with core 2 duo... :)

  • Content In Motion Channel

    Talking bad about poor people who are your subscribers. No millionaire is watching this video

  • Nkweauseh Reginald Longfor

    I love ever bit of this video!
    "To achieve something, we need enough willpower to reach this goal.."
    This phrase made my day!

  • Meta Dietz
    Meta Dietz Month ago +1

    I quit buying fast food and I no longer go to Starbucks. Amazing how much I saved just from doing those two things.

  • Blu Phoenix
    Blu Phoenix Month ago

    I only here for Brunei
    Any Bruneians?

  • Rolando Jr. Antonio

    Honestly, all of these are not true!

  • ID L
    ID L Month ago

    The "music" made me quit this video.
    Is it supposed to make the information seem more important? I hate it.

  • Bruce Robb
    Bruce Robb Month ago +1

    $31,000 in 1958 is about $274,000 today. (Warren Buffett's house)

  • Slade DiChiaro
    Slade DiChiaro Month ago

    I don't pay for cable because I do not have a TV and I do not have a TV because it is a waste of time. I don't upgrade phones every two years because I do not take out debt on depreciating assets.

  • MartinezRE1
    MartinezRE1 Month ago

    To saved money, I stopped giving women free meals

  • M rahat
    M rahat Month ago

    why should i follow them?
    rich is not success

  • Diogo Motta
    Diogo Motta Month ago

    This is not true

  • PA1 ARORA
    PA1 ARORA Month ago

    As my dad always tell me
    Deeper the Water, Calmer it is...!
    But this does prove he is rich and I'm learning to be one 😌

  • Jwana Aloqili
    Jwana Aloqili Month ago

    This seems true

  • MAXIM, Holland Nederland

    Credit cards.
    Bank account Insurance is limited, maybe that's why.

  • MAXIM, Holland Nederland

    Bogus,
    All people waste money 😂😂😂

  • Kannav Sharma
    Kannav Sharma 2 months ago

    These rich people don't just spend but do buisness

  • Binary Radio
    Binary Radio 2 months ago

    I have all the habits rich people have but I am still poor. Why GOD Why?

  • Chrysi Chrysi
    Chrysi Chrysi 2 months ago

    I'm seeing comments on here about people wearing their same clothes for 5-10 years. My grandmother still has her clothes from the 60's. True story. She lives so frugal her neighbors thought she was poor. 99% of her stuff is so old it's vintage now.😄 You do what you gotta do!

    • Razian Amira
      Razian Amira Month ago +1

      Chrysi Chrysi I also have a neighbour who lives in an average wooden house filled with vintage, even antique stuffs. People think that this family is poor, but little did they know that the owner of the house is a multi-millionaire.

  • derrie page
    derrie page 2 months ago

    PLEASE!

  • Kris Mas
    Kris Mas 2 months ago

    My phone was 5 years old before i bought and new one. Now, with my new phone maybe it will last longer than 5 years.

  • Alexander Lopez
    Alexander Lopez 2 months ago

    Tf waiting for an iPhone at universal studios tram tour did any one see that too lol

  • game hopper
    game hopper 2 months ago

    But life too short you cannot bring your money to the grave.

  • Smriti Tikoo
    Smriti Tikoo 2 months ago

    Rich often visit too much to psychics ,astrologers or tarrot readers just to when to do things what time and other decisions

  • Gi Tar Ray
    Gi Tar Ray 2 months ago

    Wait a minute, "rich people don't spend money?" Those idiots spend outrageous amounts on non existent things and ideas, market that stupidity till they make money out of it.

  • miyukichichan
    miyukichichan 2 months ago

    Most of the FILIPINOS who will watch this video will be triggered. Triggered? That's why you are poor! :)

  • Toral Mehta
    Toral Mehta 2 months ago

    rich people know problems are in and out in life. they dont compare themselves and dont do spuritism. it weakens ur mind making fearful. while if y concentrate on dedication and hardwirk good timings. things flow. but dont expect things to go well all times. its good to accept failures but learn from it

  • Lucifer FallenAngel
    Lucifer FallenAngel 2 months ago

    Now it became clear that I always think like the rich!
    But no I’m poor AF😭

  • Fareshta Hakimi
    Fareshta Hakimi 2 months ago

    I don't wanna follow these rules for being rich!

  • Bins' Ch
    Bins' Ch 2 months ago

    The thing is nowadays fruit is more expensive than the chicken and meat.

  • MOHAK SETH
    MOHAK SETH 2 months ago

    That's the fact bro.... Rich earn like for don't know what....
    They don't need expenses.....
    They just earn uselessly

  • Esmeraldito Prishka
    Esmeraldito Prishka 2 months ago

    Ashtu..............👄👄👄👄👄👄👄👄🎖🎖🎖🎖🎖🎖👄nuk ........ke .......le .......le ......ia.......’ 👄👄👄👄👄👄👄👄👄👄👄🎖🎖🎖🎖🎖🎖🎖🎖🎖🕶🕶🕶🕶🕶🕶🕶

  • Albert Josan
    Albert Josan 2 months ago

    Poor people gets rid of their money, by buying stuffs they don't need. Rich people don't. They earn it, keep it, and monetize/mutiply it.

  • Jeszzie K
    Jeszzie K 2 months ago

    We dont need to b reminded of our miserable life. Thank you.

  • mion rughert
    mion rughert 2 months ago

    They already have it ...thats why they don't care for it!

  • Bonnie Bullivant
    Bonnie Bullivant 2 months ago

    Exploitation is always irritating.

  • zadose
    zadose 2 months ago +4

    People who earn wealth are willing to be more wise with their spending, than those who don't earn it.