Luxury Items Are For Broke People
2,469
Published 2024-02-01
Luxury fashion is a trap designed to make you feel rich while actually making you poorer.
A lot of people on social media like to flex by wearing fancy watches, nice suits, driving luxury cars, and living in sky-high penthouse suites, but does that mean they're actually rich?
So in today's video, we'll see if luxury fashion is truly for the rich, or if they're just another way to keep you from achieving true wealth.
Original video from RAISED: • Luxury Fashion Is For Broke People
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*Please note that the information in this video is for educational and entertainment purposes only and should not be taken as financial or investment advice. Any investments or financial decisions you make based on the information in this video are at your own risk. The links in the description above may include affiliate commissions or referrals, and I may receive compensation from partner websites. The information in this video is accurate as of the posting date but may not be accurate in the future.
All Comments (19)
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$8499! For a bag! That's more than I paid for all my cars!
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Thank you so much i reaaly appreciate it and keep up the good work. I have also been watching you ever since you first started your are very intelligent thank you.
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"Most of the people that I know who are actually rich, actually live pretty low key" and then he goes "as a multi millionaire, I think that..."
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At the beginning i actually thought the back on the right looked expensive but since he said it was from Walmart i assumed it was cheap
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6:10 - That's what I've been thinking! Who the hell can tell the difference? Me and my wallet, and that's all.
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Only fancy stuff i buy is electronics since cheap stuff usually breaks easy
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Classic Chanel and Hermes can be resold at higher prices later if kept in good condition. Chanel classic bag was $5000 in Dubai about 8 yrs ago. Unable to find one at that price now. Yes but many buy these for the status looks. S&p has way better returns
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I can also confirm the statement mentioned in the beginning
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For sure
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good video
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What about andrew Tate
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Warren Buffett drives a Buick.
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You're wise
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Rather than buting lv bag just buy dake one and invest in lv stock with remaining money
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I like expensive stuff but i will only buy expensive stuff if i can afford if i don't i won't make a loan i will only buy expensive stuff with my money
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Iphone
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I see kids at my school flexing luxury clothes like Balenciaga and Gucci and this makes me think that they are insecure about themselves. You are really the best person to learn from about finance. Thanks Sean.
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16th
