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How People (Rich vs. Poor) Spend Money
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Quote:This conversation made me think of the story from a few years ago about the guy in Detroit that became famous for a week because for years he would walk 21 miles to work each day. Obviously the worst case scenario, but if you dont have a car, or public transportation, or even a bike, you could just walk if your really had to. Although I would think a bike would be the obvious move. They're cheap and frankly you'd get in great shape.That's why something like 90% of lottery winners in the US end up bankrupt within 10 years; when every knows you have money, everybody expects money from you. |
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