Someone driving a $100,000 car might be wealthy. But the only data point you have about their wealth is that they have $100,000 less than they did before they bought the car (or $100,000 more in debt). That's all you know about them.We tend to judge wealth by what we see, because that's the (self-edit: only) information we have in front of us.

The Psychology of Money by Morgan Housel