Are you a Rich Person? Do you earn a high income? No, not you, Mr. $100k+ talent. I mean a Rich Person.

Spend your money.

Consume conspicuously.

Only do it consciously.

More and more wealth has been flowing upwards, and more and more cash is sitting in the accounts or portfolios of Rich Person, who is already very wealthy. And there it only helps very few people. Rich Person himself, Rich Person's spouse, Rich Person's accountant, Rich Person's broker.

As much as we complain about rich person showing off his wealth and complain about wasteful spending, what we really mean is that we are envious of the extra wealth he has to spend. "Why does Rich Person need a pool, a pool boy, a gardener, a maid, a chef? If I were wealthy, I wouldn't spend my money on such things."

Such are the traditional values of the middle class (although these values have clearly faded). We were taught to spend wisely, to not waste our money, to save. But, if you are a Rich Person, you can still do those things, and still spend. A lot.

Pool boy, gardener, maid, chef, butler = 5 more people with jobs. Pool supplies store stays in business, maid uniform store stays in business, etc. All these people are better off when Rich Person spends his money. It trickles down, see?

No, I'm not one of those people. But it does make sense, if and only if Rich Person spends his money.

Now that I have convinced Rich to spend his money, I will implore him to do it consciously.

Rich Person: Think about who will benefit when you spend. Is it going to help China's economy? The U.S. economy? The local economy? Will it help support another local job?

What about saving the planet? Environmental impact? You have the resources to actually install solar panels, an investment us commoners may find to costly to make. You have the ability to pay more for products from companies who have adopted sustainable practices.

There are many opportunities to make a positive difference in the world, using only your wealth and your common sense.

Spend. Spend wisely, but spend.