Miriam comes from a background of old money. How might this affect her spending habits compared to her friend Harry who has recently done well financially?
A) Miriam spends less in general.
B) Miriam doesn't flaunt her consumption.
C) Miriam spends less on small items as she has high property upkeep costs.
D) Miriam needs to show others her wealth in social contexts.

Question

Quizplus · Accepted Answer

Individuals from old money backgrounds often prioritize discretion and understatement in their spending habits, unlike those who are newly wealthy and might feel a need to display their success more overtly.

Miriam Comes from a Background of Old Money