While growing up I have always had this attraction for jaguar cars. One nice thing about me I love low key quality brands, that is brands that are very quality but are low key in terms of exposure or marketing, the brands that if you know you know. Some people classify them as quiet luxury, kind of outstanding in their own way. That is if you want to be different and unique from people around you. This is great, but you need to have money to achieve that, money that can make you get or acquire what you want.
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While others were loving popular luxurious brands like the Bugatti, Ferrari and the Lamborghini, I was thinking and loving the jaguar car. The name is nice, the logo is nice and the fact that it has the jaguar animal shape on it makes it nice. But one thing I keep asking myself is, when I can finally afford it will I be prepared for it? It cost over $50,000 to get a very good latest version jaguar car right now. But is that a good financial decision to take if you suddenly hit over $100k in crypto over night?
If you spend $50k buying that car, you will also want to upgrade other parts of your life to match that status, probably get a new place to stay, a place that will fit your new car, then your fashion to match your status. This means that you are giving people the impression that you have money now, which also means that a lot will be expected from you. Remember, $100k can be gone in a minute and because you are not used to getting such amount every time it will feel overwhelming to you. So before you start spending your $100k on luxurious things, ask yourself, are you prepared for the new lifestyle?