How To Save & Spend Money Like A Millionaire

March 12, 2010 · Filed Under , · 4 Comments 

I honestly believe most self-made millionaires in the United States are frugal by nature. Warren Buffet comes to mind. Real wealth comes from having the ability to save money every month and not spend on stuff that is merely a “want”.  For some this is an easy thing to do and for some it takes big time discipline. Now this doesn’t mean to not splurge every once in awhile, but rather to do your splurging in moderation. Have any of you read Stop Acting Rich: …And Start Living Like A Real Millionaire by Thomas Stanley? If not, I highly recommend it. From the book, here are a few things that real millionaires do to save money.

  • 86% off all luxury cars driven in the U.S. are NOT driven by millionaires.
  • The average price a millionaire pays for a haircut: $16!
  • The average millionaire tends to not live in fancy homes.
  • They always use coupon codes from Rather-Be-Shopping.com! OK, you got me, I made this one up, but it wouldn’t surprise me if many millionaires used online coupons to save money.

While these things might seem trivial to you, they point to overall way of living that allows you to accumulate real wealth and net worth over time. Don’t focus on image and keeping up with the Joneses. For all you know Mr. Jones could have $40k credit card debt and stay awake at night worrying about paying for his lifestyle. Not worth it!! Live simple and live happy.

Frugal Picture Of The Week!

March 5, 2010 · Filed Under · 4 Comments 

Any Math Majors Working at Wal-Mart?

From looking at this picture, I am guessing not. It has been a long week and I needed a little levity and had to post this funny pic. Until next time….have a great weekend!

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