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#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth
Modern Wisdom
The Difference Between Spending Less and Earning More
The more you earn, your spending doesn't generally go up with yo, with your higher income. You can look at this across like income destsi i'm sorry, a income quintiles. As you would expect by people generall, who earn more generally buy nicer stuff. But it's not that much nicer, n i cal it like the law of the stomach,. Like, if you earn ten times more than me, you're gon to eat ten times more calories, right? I think mind sets are hard to test until we can get some sort of brain monitoring so we can understand mind set and its income.
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