One of my pet peeves in life is when people complain about the seemingly exorbitant amount of money wealthy people spend.
For instance, I watched a video the other day from Dave Ramsey where he talks about the rapper Jay-Z dropping $100,000 in one night.
Now, to be fair, $100,000 is no small change and is more than double the annual income for the average westerner.
However, when you break down the numbers of what Jay-Z actually spent in comparison to his income, it gives one pause to think.
Dave does a great job of simplifying the numbers and showing what $100,000 looks like to someone that has a large income.
When you realize what the ratios are in relation to what we tend to spend on a night out, you may have my reaction as well.
If we are upset about the amount of money others are able to spend, we may want to check our own efforts versus theirs.
There is a reason that the 1% have what they have, and invest the way they invest - they value their time and money differently than we do.
I highly encourage you to watch the first 8 minutes of this video and invite you to listen to Dave’s wisdom.
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Video Source: Dave’s Rant