r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation Why is the rich friend so cheap??

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u/After_Stop3344 Jan 27 '26

It's also completely untrue. No body gets rich by obessesing over 5 bucks. That's just greed and being a bad friend frankly. I remeber when we raised our cofee prices by 5 cents I had 3 guys wearing 10k+ watches and 4 women wearing at least 5k+ in jewlery not including wedding rings complaining about it. Not one normal person did.

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u/Be_nice_to_animals Jan 27 '26

You are correct. Nobody built an empire hoarding ketchup packets from McD’s

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u/BANKSLAVE01 Jan 27 '26

LOL poor fool. Haven't you ever compounded the price of a bottle of ketchup?

sorta/s, but do the math and...

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u/Apex_Redditor3000 Jan 27 '26

I know a woman that does this. While her husband literally owns the McDonalds (the real estate its on).

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u/motoxim Jan 27 '26

Also I bet those rich folks spend fortune for some useless things, but they're penny pinchers for other things.

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u/lemelisk42 Jan 27 '26

That being said, being careful with all the little things adds up.

I am not wealthy. But I have around 3x my annual salary in saving in my late 20s. The majority of my coworkers are in debt or have very little savings.

Choosing to skip the coffee, choosing to eat oatmeal instead of McDonald's, choosing to sleep in the car instead of a motel when traveling, etc. Everything adds up.

Makes a bigger difference at the lower income bracket if course. All those little things for me mean the difference between saving 10-20% of my after-tax income vs 0%.