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Frugal Habits of the Super Rich

submitted on August 10, 2012 by HouTex in "Member's Lounge"
Apparently for these seven famous and rich people, their lifelong frugal habits are still the way they save. I was impressed to learn that becoming wealthy did not change their core values.

Becoming wealthy and staying that way takes a certain level of discipline. Sure, an occasional splurge won't put you in the poor house, but frequent frivolous spending on things that aren't necessities can quickly put a serious dent in your wallet. The frugal habits necessary to achieve financial success and maintain it are often lessons learned early on.

In this article, meet seven entrepreneurs, business leaders and famous faces, including Google's David Cheriton, Berkshire Hathaway's Warren Buffett and Hollywood's Hilary Swank, whose modest living -- from clipping coupons to clipping their own hair -- has helped them amass and/or maintain vast fortunes.


Read more about them at http://finance.yahoo.com/news/.....-rich.html
 

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  • 157940
    DebsFreebies
    professor
    2
    10 5 1
    Posted by DebsFreebies on August 10, 2012
    [reply] 1 0
    That's why they are rich....they save their money Smile
  • 157961
    lootango
    professor
    11 9 1
    Posted by lootango on August 10, 2012
    [reply] 1 0
    I like David Cheriton's frugal habit... good for your pocketbook and your waistline. Smile

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