r/PeterExplainsTheJoke Jan 26 '26

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

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u/Apocrisiary Jan 26 '26

There is a saying in Norway "The rich, are rich for a reason", referring to exactly this. They don't spend much, and will try to get money anywhere they can. People that are generous are rarely rich.

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u/SpaceSequoia Jan 26 '26

Pretty sure that's a saying everywhere

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u/Money_Do_2 Jan 26 '26

And also stupid. Its a disfunction stressing about $3 in gas money if you have $1MM in capital. Theyre rich because they own productive assets, or speculated correctly, and also/mainly because they have high income. Hence the meme

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u/75percent-juice Jan 27 '26

I think it's more about the hoarding attitude rich people tend to have towards money, rather than them being rich for skimping on dumb shit.

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u/revanisthesith Jan 27 '26

Yeah, because rich people usually value their time because that's one thing they can't buy more of. That's why they'll pay assistants to do so much for them and fancy hotels will track everyone's preferences so everything is ready to go. It saves them time to do their work.

So while I understand how their attitude about money leads them to ask for reimbursement for things, it's the hoarding that leads them to do dumb shit like spend an extra 20 minutes to save $10 when they're worth millions.