When feeling financially squeezed, some poor people spend less while rich people spend more
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Article Excerpt
OPINION
When feeling financially squeezed, some poor people spend less while rich people spend more
PREET BANERJEE
SPECIAL TO THE GLOBE AND MAIL
PUBLISHED 1 HOUR AGO
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A desired purchase, such as a vehicle, may not come from wanting to look rich, but rather as a way to push back from not feeling in control.
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The next time you are about to buy something, ask yourself if you would still want it if nobody else knew you owned it. Such…
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Jul 19, 2026