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A quotation from Terry Pratchett
The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money.
Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles.
But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet.


Terry Pratchett (1948-2015) English author
Discworld No. 15, Men at Arms (1993)


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🌴 Seph 💭 👾 reshared this.

in reply to Khurram Wadee

The advice about footwear is sound, I think, but wise spending is not characteristic of the rich. In fact, the rich man would not spend $50 for boots; he'd spend $200 for boots made in Italy that were no better in any practical way than the $50 boots. Rich people are suckers. They always pay more than things they buy are worth, and they're proud of doing so.

Vehicles are an even better example. The cars driven by the rich are less reliable, cost more to buy, and cost more to own than much less expensive cars. Rich people are stupid.

So why are rich people rich, if it's not because they're smarter or wiser? They're rich because they're greedy. Immorality leads to wealth, and great immorality leads to great wealth.