15 Signs Someone Is FAKE RICH

this is the sunday motivational video every Sunday we bring you a different type of video which should improve your life today we're looking at 15 signs someone is fake rich welcome to a lox calm the place where future billionaires come to get inspired great to have you here with us again today a lack sirs what an amazing day to burst some bubbles and bring some people back down to earth this video is about poor people trying to look rich and by doing so self sabotaging their real chances of achieving financial success you've seen them at

parties or on Instagram we're willing to bet you know someone who's trying to seem rich despite their bank accounts disagreeing with their attitudes these fake rich people are all around us so we thought it would be great to put together a simple list of traits to make it easier to identify them if you're a new here welcome be sure to subscribe and follow us on instagram at Alex here are 15 signs someone is fake rich number one they care more about the brand perception than the quality they're not below buying fake products and try to

pass them off as genuine that's easy if you see someone rockin fakes you don't need to look any further through the list those aren't even fake rich those are just wannabes the fake rich will own designer pieces but try to sneak in a fake in the package hoping people won't notice for the fake rich it's all about the brand it doesn't matter if the quality is as poor as it gets the bigger the logo the happier they are people who are truly wealthy don't care about brands they only focus on comfort and quality that's why

some of the higher end brands may look boring to you because they appeal to a different type of mindset which you're not yet familiar with unless they're looking to make a statement the rich stick to more subtle pieces number two they name-dropped a lot this happens a lot in upcoming circles people try to use other people's clout in to make themselves look more important if you've been following our channel for a while you know that your net worth is closely correlated to your net work so they try to do the same with public perception you'll

always hear the fake rich talking about people like they know them personally when most of the time they just happen to be in the same room as them once be careful of those whose only activity is collecting names to use in not so casual conversations number three constant need of validation the fake rich are in constant need of other people's approval they thrive on what other people think of them and live for the feedback awesome people show them everything they do has the sole purpose of impressing those who are less than them in their own

eyes they spend more time trying to be perceived as successful than actually putting in the work to become successful they're really rich don't need anything from people around them there's no need to show off your wealth on social media there's no need to boast about the money you're making because you're happy with yourself so there's no need for other people's validation you know you're enough all by yourself number four all they talk about is money the fake rich are actually boring to talk to because there's very little that they talk about their lives revolve around

the possibility of money they speak of their own financial successes like it's a given but would gladly throw everything away to join you if you told them you were actually making more than them you surely know someone like this a person who first mentions the price tag of an item and then tells you why they purchased it they talk about how they're going to make money about how they spend money and the price of things nothing beyond that because there isn't anything else to them that would be worth sharing number five they brag about their

plans the fake rich will almost always mention how they're working on something new which has great potential they always plan things but never put the work in to be consistent about it to put it into simple terms even if they had a good idea they'll never make it because they lack the discipline to make it happen the fake rich are all talk and no work every six months they find a new multi-million dollar idea which they're pursuing the real rich are always laser focused on the future they know exactly where they're going and what it

will take to get there they put in the work and focus on incremental progress when they settle on something they're committing to it for the next five to ten years not just a couple of months and a Luxor's if you want to learn about this superpower the rich have we've deconstructed how to master self-discipline in probably our most valuable video to date you can watch it by clicking in the top right corner number six they like to one-up other people another way to tell if someone is insecure about their wealth and abilities is to watch

them and how they behave when faced with someone else who's experiencing any form of success the fake rich are usually the ones who immediately jump in trying to one-up the conversation and shift the spotlight back to themselves this makes them look like douchebags and people notice this truly successful people ask more questions than they speak and they're always excited to hear about someone else's story or about their passions and journey number seven they like to use complicated titles for their job position how many people do you know present themselves with fancy-pants job titles you can

immediately tell who's trying too hard what do you do Jessica I'm a dfi for the Marriott hotel chain cool so what do you do there well um dfi stands for director of first impressions so I welcome people in oh so you're a receptionist okay all this word gymnastics is pretty useless there's no shame in any job you have we'd rather hear that you are really great receptionist than trying to impress us with a fancy title too many people focus way too hard on the title instead of actually doing their job so well technically everyone can

be the CEO of their own business which costs a few hundred dollars to register but that just means you're now self-employed with a nice title instead of focusing on what people call you at your workplace do your job well the wealthy will always appreciate hard work over the packaging number eight they don't have a savings the fake rich never have any money saved every single dollar coming in they're investing in their image and the way people perceive them having money put aside for dark days or new opportunities is a must it's probably one of the

biggest differences in behavior between the rich and the poor the wannabes are inconsistent and never know what to do with the money they'd rather blow it all off because otherwise they might lose it and as time goes on the inevitable happens either something bad where they'll need quick access to capital which they don't have so now they have to borrow and pay interest on the borrowed money who are on the flip side even if a real good opportunity presents itself they're unable to fund themselves limiting their own growth potential the true rich always have multiple

streams of income and large savings which they don't touch designed for situations just like these number nine their circle is made up of other fake rich people you know what we keep saying you are the average of the five people you spend your most time with funny thing we've noticed is that the pretenders gravitate to one another they hang out all the time everyone trying to one-up the other discussing how wealthy they'll become very soon and how each one of them has multiple projects in the works you see them eating at fancy restaurants ordering bottles

at the club living it up and reassuring each other that it's only a matter of time until they're all super rich it's very much a circle jerk because while they're out there spending the little money they do have on clothes and overpriced booze the true wealthy are making moves and putting in the work number 10 they have a boss which in turn has a boss above him in the words of jay-z everybody's bosses til it's time to pay for the office yep it's the invoices who separate the men from the boys are you receiving a

check or are you the one who signs them don't get us wrong you can clearly get rich by working for someone else but most people are just building the wealth of others this reminds us of one of our all-time favorite quotes which says people in fancy suits look really successful until you realize they work for people in t-shirts and jeans for as long as we live we'll remember those words if you like this vibe we recommend an audiobook called three kings the story of how diddy Dre and Jay Z went from the street corner to

the corner office you can get this audiobook for free if you go to a lakhs comm slash free book and sign up audible is a great service which we enjoy and are happy to have them as partners supporting our channel number eleven they buy the fad the fake rich spend money on material things which have a short time value span meaning they might be cool now but it's not gonna matter in a few months o supreme released a brick with their name on it better hop on that so people know I'm cool Oh Kanye is

releasing oversized sweatshirts which are obviously poorly designed doesn't matter I need them so people know I'm cool you also see them buying custom-made gold iPhones or technology embedded with diamonds and gems when you know that in twelve months the new version is gonna be a lot better and cooler than this one and you're gonna want to get that as well this goes beyond material things the fake rich are always hit by FOMO or the fear of missing out that they'll jump on trends they don't understand just because that's where the action is how many people

bought into crypto late December 2017 and lost three-quarters of their investment in just two months number 12 they buy liabilities on credit or on installments first of all the rich rarely buy things on installments they'd rather get it done and out of the way secondly as most of you know by now you should only use credit meaning to borrow money if you're using that money to acquire an asset meaning something which will generate more money that's called good debt the fake rich on the other hand take out loans in order to purchase big ass tvs

or a flashy car to show off to their friends these items don't generate any revenue they depreciate quickly and now you're left with the loan plus the interest you have to pay for that loan no thanks number 13 they own a car that's over 15% of the house they live in speaking of liabilities it's shocking to us how many people choose to buy really expensive cars despite obviously not being able to afford them why do you feel like you need to buy a new Range Rover when you're still living in a bad area of the

city the discrepancy between some houses and cars parked outside is just shocking in our travels we've seen people living in one bedroom apartments but owning a rolls-royce a good rule of thumb is the 10 to 15% law which may vary depending on where you live in the world it goes something like this if you're living in a 100,000 dollar apartment you can only afford to buy a $15,000 car anything above that 15% is considered a bad purchase because of your current financial capabilities you can enjoy buying luxury toys but make sure your net worth and

your income can accommodate those expenses number 14 they can't hold up a deeper conversation about real wealth the fake rich go one or two layers deep when it comes to money they usually have a couple of scripted speeches which they repeat to everyone in order to impress them but if you really start to take it apart they're left naked because it doesn't come from their experience they haven't lived it in order to have all of the details this usually happens with legal or accounting manners where the fake rich immediately had their ceiling and need to

have things explained even simple structures number 15 they always have excuses for why their previous project failed and everyone's favourite way out blaming external factors for their own failures how many times if you heard someone excuse their failure as we didn't have enough money we didn't advertise enough My partner betrayed me my lawyer screwed me the financial crisis happened we were too early when the real answer is no you were simply unable to adapt and not smart enough to make the right changes in time to achieve the success you desired external factors happen all the

time but these should never be able to wipe out your entire business that's just poor practice living so vulnerable out in the open and a Luxor's if you're curious to know why most people fail in life click in the top right corner we've made a video breaking it down for you which many people in our community found incredibly valuable we're sorry to have to out some of these people but this video should be a wake-up call for them now we're curious do you know people who are acting like they're rich despite you knowing that they're

not doing well financially and if you want to help them or just passively let them know you're onto their shenanigans please share this video on your profiles they should feel ashamed if they're unaware of what's happening and as a reward for watching this extraordinary Sunday video all the way to the end we've got a bonus fact just for you number 16 while trying to flex on social media they're missing out on life now before we end this video we wanted to touch upon something we recently went to Rome to shoot a special about what a

day in Rome could look like for a lack sirs which hopefully will come out in a couple of weeks while there people were missing out on incredible things because they were only doing it for the gram they had their phones glued to their faces and experiencing a city so exciting through the lens of their mobile phone leaving so much truth on the table it's okay to showcase what you're experiencing with others more power to you but we now live in a society where people no longer experience things truly instead they fake the experience just so

they can put it on the Internet next time you're traveling get that fancy shot tag us at hash tag a Lux on in to Graham but then close the app put the phone down and just be alive those moments will be worth so much more than the likes you'll get in the long run and if this video resonates with you it's time to make a choice what kind of person do you want to be if you have no plans on faking it please write true rich in the comments we'll do our best to congratulate you

let's see who's a true a lexer thank you for spending some time with us a Luxor's make sure to LIKE and subscribe so you never miss another video we also hand-picked these videos which we recommend you watch next thank you for being an a lexer and we'll see you back tomorrow [Music]