Mel Abraham says 61% of Americans buy luxury items just to look successful, calling it an investment in others' opinions. Real wealth doesn't need an audience. Before you buy something, ask if you actually want it or just want people to see it.
Most success you see online isn't wealth. It's a costume. 61% of Americans have bought a luxury item just to appear successful. That's spending to impress, not to progress. So you're not buying for the future. You're investing in other people's opinions. It's a fresh coat of paint on a house with termites. See, wealth doesn't need an audience. Flexing for strangers is a broke hobby, not a wealthy hobby. See, next purchase, ask if it's something you truly value or something you need someone else to see. Makes a difference.
