Why do some people pretend to be rich by spending money on luxury items and premium experiences? How does trying to project wealth prevent you from creating it? For some people, it’s more important to create the illusion of wealth than to acquire actual wealth. However, projecting wealth and generating wealth are mutually exclusive. When you spend money to create the illusion of wealth, you’re sabotaging your long-term financial prospects. Here’s why pretending to be rich is a bad idea.
Why Pretending to Be Rich Is a Bad Idea
