also semi rich person (ok $25mm, not very liquid) here: > the first secret is to learn not to care. like there's always going to be loads of people with way more than you so if you try to make your wealth your defining feature you're hosed. "wahhh he spent $48k in a night" and? there's clearly diminishing marginal returns to spending money. like i can go to a 3 star michelin restaurant in tokyo with my wife and it'll be around $1000. when you drop stupid amounts of money you're not necessarily getting anything out of it, you're mostly paying: > for other people (that you hope appreciate it but really don't) > for shit that's stupidly overpriced (if you wanted a bottle of dom you could get 20 at the store for the price the club charges) > more for the spectacle of you having spent a lot of money than actually enjoying anything you bought. and it's like that with anything. you're paying more money for diminishing marginal returns until it's arguably negative returns and just the cool factor you have something so expensive. you spend $80k-$120k and you can get a very comfortable bmw/volvo/benz/lexus/porsche whatever midsize suv that drives well and will hold up well enough for a long while. you get some mclaren/pagani/bugatti bullshit for $5 million and the thing is going to require magic insurance, have all sorts of unexpected maintenance, frequent visits to a shop because it was never built to actually go more than 30k miles in its lifetime. flying private is fun but it's not like flying first/business/buying out a row of economy seats is actually that bad.
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