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An important distinction is that rich people buy luxuries last, while the poor and middle class tend to buy luxuries first. The poor and the middle class often buy luxury items like big houses, diamonds, furs, jewelry, or boats because they want to look rich. They look rich, but in reality they just get deeper in debt on credit.
Rich Dad Poor Dad (book) by Robert T. Kiyosaki
Language: English
Submitted by: valikor
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