Rich people can afford expensive things, but sometimes they have very inexpensive things they own or do.
Sometimes that’s due to frugality, but that’s not what we’re getting at here. Instead, we’re looking at inexpensive things rich people have because they’re rich. Confused? Please read on!
Free Tickets
Through connections or corporate perks, wealthy people often get free tickets to concerts, sports events, shows, etc. Their increased spending power also makes them more likely to earn credit card awards such as free or upgraded flights.
Floaters for Yacht Keys
Floaters and yacht keys don’t cost much. However, yachts do, so to have a yacht key, you need to have a lot of money.
Wills
Many people who aren’t wealthy end up making a will towards the end of their lives. The wealthy, though, are likely to create wills much earlier so that their financial house is in order.
Lower Interest Rates on Loans
Banks will sometimes offer rich people lower interest rates than they will other people. That’s because they want wealthy people to borrow large sums from them, and they figure they’re good for those debts.
Time
Except for the independently wealthy or the retired wealthy, rich people tend to work a lot and do not have much free time. However, being wealthy leads to better health outcomes, and rich people usually have lifespans that are longer than average.
Free Items
Companies will often give wealthy people free products, especially if the recipients are famous. They’re hoping those people will use their influence to promote those products.
Making Strange Bets for Almost Nothing
Wealthy people will sometimes bet something like a dollar on the strangest things. They don’t need the money, so it’s not worth it to them to bet a lot, but they still like having something at stake.
Micro Transactions on Apps
Do you make a lot of in-app purchases? Do you pay for apps so you can go ad-free? Most people don’t, even though those fees are usually small. Rich people buy them since the money doesn’t matter.
Fencing
Fencing doesn’t require much equipment and isn’t as expensive as sports. For some reason, though, the better-off are much more likely to take up fencing.
Visiting Remote Beaches
The world is full of beautiful beaches in remote locations, and you don’t get charged a fee for most of them. You do, however, have to pay to get there, which is a price most people can’t afford.
Living Trusts
Trusts hold assets, pay taxes, and can receive income. Often, the beneficiary can receive funds but only in set amounts. Rich people sometimes create them for their children so those children can’t blow their inheritance all at once.
Special Treatment
Rich people usually get special treatment such as freebies, preferential seating, and better service. This happens even when they’re not paying for it or even expecting it.
Raya Accounts
Raya is an inexpensive dating app. So, can’t anyone use it? Actually, no. The app filters users by wealth, so it’s a dating app only for the rich.
Good Sleep and Peace of Mind
It’s not as if the wealthy have no stress in their lives. They can have a great deal of it. However, people who don’t have to worry about how to pay the bills or fund their retirement have more peace of mind and self-assurance.
Comps at Casinos
High rollers usually get things like drinks and food in the house. So can anyone else, but risking the home or your life savings for free cocktails isn’t the greatest idea in the world.
