There was a video spreading online with what appeared to be a famous video streamer who clearly has a lot of wealth and a topic came up on how he refused to spend $500 on a haircut. Because of how much money he has, people were calling him cheap because of that and he fired back with the argument that he is not going to pay that much money for something he doesn’t feel is worth that price tag regardless of how much money he has. In his mind, no haircut in the world is worth $500. Mind you this is in US dollars too.
That’s actually a key trait to look for in people who are wildly successful, I think. You shouldn’t just spend a bunch of money to satisfy someone else’s perception of you in these ways as for this it would be like asking the average worker to spend $100 on say a regular 10-minute haircut at the barbershop. I highly doubt any basic haircut is worth that much. It’s one thing to make money as it takes work and discipline to maintain your wealth.
I am more impressed by those who still have good financial habits regardless if they have all the money in the world personally. With this example too, it shows more confidence than someone bragging about their haircut costing $500 in my view.