7 Popular Luxury Buys That Secretly Make You Look Less Sophisticated
According to a study by Experian Automotive, nearly 80% of individuals who earn $250,000 or more annually actually buy used cars rather than new ones.
This is because they understand the value of money and know that a car is a depreciating asset.
Leasing a luxury car you can’t afford isn’t fooling anyone – at least not those who truly understand wealth.
Instead of enhancing your image, it might just highlight your lack of financial wisdom.
4) Extravagant parties
Hosting extravagant parties with a lavish spread and over-the-top entertainment might seem like a surefire way to project an image of wealth and high society.