Think about large cars, clothes, or tech. Is the quality of a luxury brand actually better, or are smart wealth builders better off buying the “generic” version and investing the difference? Where do you splurge?
MOST OF THE TIME, we are just paying for the logo. We all always fall for it. ADVERTISING!!!! Some things are high quality and luxury, BUT MOST OF THE TIME, WHAT THE MIDDLE CLASS AND UPPER MIDDLE CLASS PAY FOR ARE OVERCHARGED, GENERIC PRODUCTS.
