Luxury Fashion Is For Broke People

To be clear, the rich often still do wear items with the logo all over it. Everyone has their own style. The point is that these luxury items are no longer exclusive to the rich, in fact many luxury brands make up over half their revenues from the middle class! Nobody is judging you for wearing what you like, the point is that these brands have benefited from significant growth by targeting those in the middle and lower class. These luxury items are now engrained into our culture as status symbols of financial and social security and for many, have become essential to own.

The rich are not like you or me. They compete among themselves with yachts, jewels, art, travel and homes. Meanwhile, we are on the subway or in the bus with our prized Louis Vuitton. 😂

Going to bed knowing your bank account has enough money to pay all your bills for the next six months feels a lot better than any attention for a luxury label

The richest guy I knew, a former MS vice president, looks like a ordinary man, wearing worn jeans and sneakers, driving a rusty 2004 Toyota Hilux. He is sponsoring some 10 food banks in his city, financing 25 guys snd gals from underprivileged families a university degree and does not talk about that. We need more of guys like him.

I have always felt that, if I'm walking around prominently displaying a brand's name or logo, they should be paying me for the advertising space.

As someone who owns a home and is middle class I must say: not having a landlord is a luxury I could never give up

When I was younger and broke, I wished I had a LV. Now that I can afford one, I completely lost interest.

I used to work for very expensive brands, and had access to the private sales where you could buy all of this original stuff -50% or even -80% sometimes. And while some of my friends were always bragging about how they would never buy these, they wouldn’t wear these atrocities (talking Balenciaga sneakers for example) even for free, mocking the styles, mocking people who actually buy them. And then as soon as they were hearing about « private sales » coming soon, they literally beg on their knees asking to get them something, they would send me messages non stop, pretending to be my best friends, breaking in tears how much they want at least something with a logo on it, doing random services for me. I never understood the logic! People are weird.

If you pay $400 a pop for gray T shirts, wealthy or not you're a nut job.

"Luxury brands destroy their excess inventory to create scarcity." Genius and disgusting at the same time.

A simple mantra i always use when i buy thing is "if noone ever saw me or knows i own it, would i still buy it?" This simple question has saved me a ton of money throughout my life

I do agree with you!! My ex was from a family of means. They were super rich, had huge businesses in foreign countries, connections with the mafia and equally with power politicians, so I had first hand peek at their lifestyle. The luxury brands were secondary to them, because everyone in their social circle could afford LV, Gucci etc - even the limited edition items. So these things rarely mattered. I was always astounded by the dollar value of their suits/dresses in the few parties I attended because of her, but within themselves they didn't care. What they actually flaunted were bigger things like yatchs, private planes, or how some powerful business guy or politician invited them for dinner to another country or how they get special treatment when they walk into Swiss banks lol. It was a different world. You could very well be carrying a first copy LV bag and no one for would believe that it's not original, because that's not expected of anyone in that social setting. It's not a bag to flaunt anymore but just a norm on how you need to accessorize or carry yourself among those guys!! So the inherent value of these brands are nothing for the ultra rich, they can only be worshipping by the middle class!!!

My mother used to call people who wore designer clothes or had flashy watches but no real wealth "All hat and no cattle" She taught us that flashing your wealth is tacky, and a few good quality items is far better than a multitude of cheap trash. I buy beautiful cashmere items at thrift or consignment stores for less than the price of an H&M blouse. Lasts longer, feels better, looks better & is better for the environment. Thanks mom!

Yes! "Real luxury hides in plain sight" so true

Born into a relatively well off family, it can summed up as this: Bragging that you just ate at a fancy restaurant to a rich person is like a beggar bragging that he just went to McDonalds the other day. That's why, when mingling with wealthy people, absolutely do not wear something that reveals the brand so brazenly. Wanna wear Louis Vuittton? Go ahead, but just know that real rich people would not be impressed at all if you shout it out to them The trend is that the elites always wear something obscure and custom made. Sure, they go to Dior and the like, but the real treasure is finding a relatively unknown but skilled master tailor, and comission them. Conversations in wealthy gatherings often revolve around this process of "finding new talent", usually for investment and patronage matters (or at least this is what's popular in my country)

My Nan used to say "If you can't buy it twice, then you can't afford it." I work for a company who sells luxury brands and it's a good mantra to have....

Being really rich is not slaving for your employer but doing what you want, when you want and how often you want. The most precious thing is time and the luxury to spend it the way you want. Too bad most people don't realize this until they are close to dying and start regretting the things they did NOT do.

I worked for really rich people, personally spending time working with them made me understand that real wealth doesn’t mean expensive items. They drive the most regular and boring cars, dressing clothes with no branding or flashy logos. You see them in the streets and you’ll never think about how rich those guys really are. They have properties, businesses, assets that if you don’t ask or know them, you’ll never know the money they move and that’s when you know someone is really wealthy, their money speaks for them. Not their shoes or bags

The ability to pay for what you want doesn’t make you broke. Good style on the other hand requires more than money

I literally have no idea why people who are on a minimum wage income who can barely afford rent buy luxury crap, it literally baffles me as to why they would rather “look marginally better than average” than actually have money in their savings and can afford basic goods, needs and services