Who are the people who buy the most luxury items?

Do you like to buy luxury items or are you one of the people who prefer to spend little? Have you ever wondered what leads people to buy and fancy things? Although there is no definitive answer nor does it apply to the total population , the studies provide some data.Let's see what it is!

Who are the people? who currently buy more luxury items?

Surely you have noticed some cases in which a person does not have a very strong and stable financial situation , but still buys luxurious things every time he has the opportunity; For example, someone who does not live with many amenities but instead of trying to replace them buys an expensive vehicle.

When a person has low income and at the same time is outgoing, You are likely to seek to compensate for your financial weakness by purchasing luxury items, This is what a study by researchers at the University College of London.

Who are the people who buy the most luxury items?

For the study, the consumption expenditure of people of high and low income and of different personalities was examined.

During a year the bank accounts of 718 clients of a multinational bank based in the United Kingdom.The results also analyzed other factors such as age, sex, work of each person and whether or not they had children.

Who are the people who buy the most luxury items?

The level of expenditure was grouped by categories, where 1 was a low expense, up to 5 which was a very high expense.Those luxury services or items that represented high status were located in categories 4 and 5, these included trips, jewels, electronic devices, art, golf among others, and categories 1 and 2 focused on stores with discounts and basic goods.

The results showed that people with low incomes tend to feel belonging to a low social status and spend more money on goods and services perceived as high status in society.

Thus, one's status is very important when it comes to acquiring luxury objects or services, but it is not the only thing that affects us in this sense.

Our personality influences everything, that is for sure, and in the consumption habits its incidence is quite appreciated.The people who have limited resources use their personality to increase the status that others perceive in them.

Who are the people who buy the most luxury items?

If a person goes out a lot and has many friends, will certainly take care of his image much more than It was someone more introverted, although their income is the same.

So if you are a person with low income and outgoing...give the profile of those who tend to seek to acquire more luxury goods.

This is what the study reveals.What do you think? Be sure to see:

5 tips to save money effectively

5 Errors when saving money that are very common

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