Here's why the rich get richer

Rich people aren't spending their money on the same stuff that your average person is buying. They invest in high quality assets that make them more money.

👉 𝐈𝐟 𝐲𝐨𝐮 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬 𝐯𝐢𝐝𝐞𝐨, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐥𝐢𝐤𝐞 𝐢𝐭 𝐚𝐧𝐝 𝐬𝐡𝐚𝐫𝐞 𝐢𝐭.

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[pleaseno]

If we are talking about wealth on THAT scale? Then it doesnt even matter. Rolexes and birkins and “material goods” like that often increase in value depending on the model you buy, and thanks to the luxury tag on those brands, almost never depreciate in value, unless you literally ripped the bag and heavily scratched the watch. By the point of being THAT rich that you can buy a rolex? That watch is literally an asset. Just like real estate properties.

[johnpaulk]

Yeah I have a house, but to keep it maintained and liveable I have to spend 50% of my entire income, you don't know what it's like to start off poor af and it shows

[IamSushiCat]

So we should take advice from a guy wearing a robe over his clothes in an apartment with nothing in it?

[prplxdino]

Totally not cause the majority of the wealth in the world is handed down through inheritances /s

This guy has a point, but his whole argument gives "stop eating avocado toast to stop being broke" vibes