Interesting stat: 50-60% of luxury buyers spend under €5k/year and about half feel financially vulnerable.
That person with the designer bag probably saved for months and felt the recent downturn harder than most.
Nothing wrong with enjoying life, but I'd rather carry a cheap bag with $100k in assets than a $20k bag with $50k in debt.
Real wealth is what's in your portfolio, not what's on your wrist.
That person with the designer bag probably saved for months and felt the recent downturn harder than most.
Nothing wrong with enjoying life, but I'd rather carry a cheap bag with $100k in assets than a $20k bag with $50k in debt.
Real wealth is what's in your portfolio, not what's on your wrist.
