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B/c they have a lot of money to spend.

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Q: Why do wealthy people tend to spend a lot of money?
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Typically, a decrease in employment rates leads to fewer disposable income, and less spending. When the employment rates are high, consumers tend to spend more.


How many credit cards should one person hold?

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Why do some people have more money than others?

Some people earn more than they need and they save the excess intelligently. Hence, over a period of time they tend to have more money. In addition to earning more, some people put up their money in stock market and use their intelligence to ensure their money reaps good returns in a short span of time. Also, some people run into personal tragedies that drain all of their savings or place them far into debt (such as a healthcare emergency such as a premature infant or needing a heart transplant). Intelligence sometimes makes the difference, and we should all learn to budget wisely, but it isn't the only factor, for sure.


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Outsourcing companies enable businesses to pay other people to do some of their more mundane work, such as IT support. It often saves the business money as outsourcing companies tend to be abroad where labour is cheaper. It is also beneficial because it frees people up to focus on other things.

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