🎁 Spending vs. Assets: Are You a 1:100 or 1:1000 Type?
@Tiger_chat：
Recently, I’ve noticed an interesting theory: there seems to be a proportional relationship between people's spending levels and their assets. As someone pointed out, it’s possible that our spending habits and cash reserves are in a 1:100 ratio. For example, if you have $100,000 in savings, you might not hesitate to spend $1,000 on something; and if you have $1,000,000 in savings, you might not hesitate to spend $10,000. However, some people say that when it comes to regular daily expenses, a 1:1000 ratio better reflects their spending habits. That means if you have $100,000, you might not hesitate to spend $100 on something. So, if you had $100,000 in assets, how much would you spend on daily expenses without hesitation? Would it be $1,000? Or perhaps less, or even more? Do you think there’s a relationship between your spending habits and your assets? Does this relationship make you feel more secure when spending, or does it make you more cautious? Leave your comments and also post to win at least 5 tiger coins~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
1
Report
Login to post
No comments yet