Spending vs. Assets: Are You a 1:100 or 1:1000 Type?

There seems to be a proportional relationship between people's spending levels and their assets. As someone pointed out, it’s possible that our spending capacity and cash reserves are in a 1:100 ratio. For example, if you have $100,000 in savings, you might not hesitate to spend $1,000 on something; and if you have $1,000,000 in savings, you might not hesitate to spend $10,000. However, some people say that when it comes to regular daily expenses, a 1:1000 ratio better reflects their spending habits. ------------ What's the ratio between your spending and assets?

avatar1PC
2024-08-14
[Glance] [Smug] IF I have $100k, I will spend $1k and use the balance on Stock Markets to get the other expenses [Happy]
avatarGoodLife99
2024-08-14
I may not hesitate to spend 100 when I have 1,000,000 [LOL] [LOL]
avatarTiger_chat
2024-08-14

🎁 Spending vs. Assets: Are You a 1:100 or 1:1000 Type?

Recently, I’ve noticed an interesting theory: there seems to be a proportional relationship between people's spending levels and their assets. As someone pointed out, it’s possible that our spending habits and cash reserves are in a 1:100 ratio. For example, if you have $100,000 in savings, you might not hesitate to spend $1,000 on something; and if you have $1,000,000 in savings, you might not hesitate to spend $10,000. However, some people say that when it comes to regular daily expenses, a 1:1000 ratio better reflects their spending habits. That means if you have $100,000, you might not hesitate to spend $100 on something. So, if you had $100,000 in assets, how much would you spend on daily expenses without hesitation? Would it be $1,000? Or perhaps less, or even more? Do you think ther
🎁 Spending vs. Assets: Are You a 1:100 or 1:1000 Type?
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