You may have firsthand experience of it with your finance (?) background but to the rich and especially to the genuinely wealthy spending money is like serving themselves water. It’s always on tap, no need to worry about it unless there’s a systemic issue.
They give small purchases of a few thousand pounds as much thought and consideration as working people give to serving themselves a glassful of water. Slightly larger purchases in the tens of thousands are like having a bath, which is no huge deal but no longer an afterthought. Hundreds of thousands start to become memorable purchases, perhaps like filling a large jacuzzi or small pool.
Purchases in the millions are like pools and require a conversation with the spouse and accountant. High tens of millions are like Olympic pools and artificial lagoons, so maybe the upper 0.0001% can ever afford one, whereas to the Everyman they’re simply unimaginable purchases.
And then you have the ultra rich to whom money is like the air we breathe. There was a video of bezos touring a warehouse with a counter showing him make $10k in 25 seconds. If money were air, with the average adult male inhaling 0.5L of air at a rate of 12 breathes per a minute, each breath would be worth $2000, just like that.
You may have firsthand experience of it with your finance (?) background but to the rich and especially to the genuinely wealthy spending money is like serving themselves water. It’s always on tap, no need to worry about it unless there’s a systemic issue.
They give small purchases of a few thousand pounds as much thought and consideration as working people give to serving themselves a glassful of water. Slightly larger purchases in the tens of thousands are like having a bath, which is no huge deal but no longer an afterthought. Hundreds of thousands start to become memorable purchases, perhaps like filling a large jacuzzi or small pool.
Purchases in the millions are like pools and require a conversation with the spouse and accountant. High tens of millions are like Olympic pools and artificial lagoons, so maybe the upper 0.0001% can ever afford one, whereas to the Everyman they’re simply unimaginable purchases.
And then you have the ultra rich to whom money is like the air we breathe. There was a video of bezos touring a warehouse with a counter showing him make $10k in 25 seconds. If money were air, with the average adult male inhaling 0.5L of air at a rate of 12 breathes per a minute, each breath would be worth $2000, just like that.
Anyway happy 2025 everyone.