10 Things Rich People Do That You Don’t

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10Buy Second Hand

Some things you can’t (or don’t want to) buy second hand: things like underwear, food, and bedding. But when it comes to everything else: rich folk are the first in line to get a bargain by buying second hand. Most significantly, rich people tend to not buy cars brand new (understanding the horrendous depreciation that occurs in the first few years of a new car) or if they do buy a new car, they tend to own it for at least ten years, ensuring they get the full value out of it.

Rich people love antiques (which are not always particularly expensive) and second hand furniture, but most importantly they love the value of buying second-hand. Every penny that is saved by buying and re-covering a second-hand sofa versus a brand new sofa can then be invested or saved for a purchase that helps secure your financial future.

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