Yeah but since they live frugally people say that they're hoarding the wealth when in reality they're just being fiscally responsible. That's why I wanted to talk about this and not about political agenda/taxing. Why is it bad when someone who has wealth keeps the wealth in savings? I guess I'm just trying to figure out if there are real reasons or if it is just classic resentment/jealousy toward the richer class / 1%. Which is why I have been pushing the 50/30/20 percantage rule to try to gauge if people have a dollar amount they think is "enough" for savings. Like what you were saying about spending money. From what I have gathered, someone who makes $10million a year can spend $8million or even $9million of that $10million a year and save $1-2million but after saving that for 5 - 10 years they're now hoarding the wealth. Which I dont think is right... savings are a good thing. People are told to save and be fiscally responsible yet it appears once you've reached a certain accumulated level of wealth you're no longer supposed to or 'allowed' to save anymore without being called greedy. I dunno... I guess it's just hard for me to see it as anything other than jealousy. Like what I've said in other responses, each level of wealth can allow for a certain amount of savings depending on the quality of life/life choices the person makes but theres people in this thread that disagree and think that certain life situations (kids/ living expenses) prevent a saving capability when in reality everyone knows having kids = sacrifices of entertainment and owning a house / apartment that is big and nice might prevent saving if you dont have the income level to support it. I dunno... maybe I'm over generalizing but i dont think so. I think a lot of it comes down to life choices and qualities of life are dependent upon those choices combined with an income level