Posts Tagged ‘luxuries’

Robert Kiyosaki: Wealthy Luxuries Last

Posted by admin on Saturday, October 7, 2017

Robert Kiyosaki Money Quote saying that the poor and middle class are most likely to blow their money on unnecessary and wasteful non-necessities before the wealthy do. Robert Kiyosaki said:
 
Wealthy buy luxuries last, while the poor buy luxuries first Quote
 

“The wealthy buy luxuries last, while the poor and middle-class tend to buy luxuries first” — Robert Kiyosaki

 

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In this quote, Robert Kiyosaki is contrasting the spending habits and priorities of wealthy people compared to those of the poor and middle class. He suggests that the wealthy tend to purchase necessities and investments before luxuries, while the poor and middle class often do the reverse by acquiring luxuries ahead of more prudent expenditures.

The interpretation is that Kiyosaki views the wealthy as disciplined spenders who satisfy basic needs and build wealth through productive assets before indulging in lavish, discretionary purchases. In contrast, he implies those with less income are more prone to spend beyond their means on luxuries and comforts before securing their financial foundation and security through investments and savings.

Kiyosaki’s message conveys that a key difference between the affluent and others is an emphasis on fiscal responsibility and delayed gratification through prioritizing necessities, education and wealth-generating assets before luxury items that do not confer lasting value. According to Kiyosaki, this order of spending priorities helps explain why some become and remain wealthy while others struggle financially despite earning comparable incomes.

 

Martin Luther King, Jr. – Luxuries to Few

Posted by admin on Tuesday, January 19, 2016

Martin Luther King, Jr. Money Quotation saying he could not accept that our system is tilted in favor of the wealthy. Martin Luther King, Jr. said:
 
I never intend to adjust myself to economic conditions that will take necessities from the many to give luxuries to the few Quote
 

“I never intend to adjust myself to economic conditions that will take necessities from the many to give luxuries to the few” — Martin Luther King, Jr.

 

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In this quote, Martin Luther King Jr. is expressing his refusal to accept an economic system that deprives many people of life’s basic necessities in order to provide excessive luxuries for a small minority. He implies that adjusting to or going along with such inequality would be unjust.

King’s view was that a properly functioning economy should ensure all citizens can afford fundamental needs like food, shelter and healthcare before allowing a privileged few to amass lavish excess wealth. His message conveys a commitment to prioritizing the well-being of the many over the superfluous gains of a select few.

King would not stand for an economic structure that sacrificed the needs of the less fortunate in society simply to enrich a small number of privileged individuals beyond what is reasonably needed.

 

Birthday: January 15, 1929 – Died (assassinated) April 4, 1968

 

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