13 Things Which Millionaires Hate To Spend Much On, While Others Get Loans To Have Them (2 of 4)

 

 

Preferably not downgrading to economic class while flying

Emirates Flight Business Class, Food, Smile

Logical and sensible people have realized that traveling with less luxury does not lower anyone’s dignity. Rather than paying 3-4 fold more money for business class, it is better to travel by economy class. It is a more modest way to save money if one can afford business class. A good example is Ratan Tata, chairman of the TATA group; he loves traveling cheaply and rather has a good interaction with fellow people. He believes business class to be over the top service which he would rather donate to charity.

However, many people buy a business class for comfort and experience. Moreover in business class, one gets to know more high-class people supposedly. Thanks to the overpriced business class prices, the economy prices remain regulated and cheap and most importantly affordable for the common masses.

 

 

Electronic Gadgets

Tv In A Box, Product, Automotive design

An average person, who is a tech enthusiast, looks forwards to the upcoming and latest gadgets in the market. Whenever any new gadget or appliance arrives in the market, he/she will be the first one to buy it. Even though his/her old gadget works perfectly fine, they will vouch for a new one, so much as so they’ll be ready to take a loan on EMI for the same. Whereas a rich person would buy only the stuff which he requires and use it till it’s spoilt.

This is not the case for the wealthy folks. They believe in value for money and will use their old gadget as long as they can. For example, for every new upgrade in an iPhone, its user will upgrade his/her device. The same thing can be related to one time devices like a toaster, ice-cream maker, Pinball machine, Car(in few cases) which after using a few times, they just remain scattered & unused.

 

 

Aesthetic investments

Interior Design, Furniture, Table, Cabinetry, Chair, Building, Interior design, Architecture

Something that not many people know about is minimalism. Minimalism is an art of keeping things simple and less chaotic at either home or workplace or both. Well established individuals have very little chaos at their workplace or home by keeping simple things and simply arranging them without creating any kind of mismatch. They try to minimize the time they contribute to home which they would otherwise have to spend in furnishing, cleaning, or repairing.

The lower class tends to fill their household with aesthetic objects and flashy interiors. While the rich try to give more time to immaterial things like family, relationships, etc. the poor try to invest more material things, which leads them to forget the more important things in life.