Just a few interesting articles…
The Frugal Billionaires
Asher Hawkins 11.14.07, 2:00 PM ET
Sure, billionaires fly private jets, live in massive mansions, dine at the world’s finest restaurants and shop at Gucci, Prada and Louis Vuitton. After all, they’re rich. But some of the world’s wealthiest people aren’t so flashy. They’re frugal–for billionaires, at least. [Full story here]
Just goes to show you that unless you live frugally, you won’t be rich. You know those rich people that flash their cash and drop it on well…everything they want? Yeah. They’re not rich anymore. Sorry, M.C. Hammer.
If your friends are frugal, great! I like this tip from Ten Great Reasons to have Frugal Friends:
Keeping Up with the Browns: For those who do enjoy a bit of financial competition, having frugal friends can provide a new type of competition, the opposite of keeping up with the Joneses. Rather than trying to buy everything the Joneses have, try to save as much as the Browns.
Maybe your friends are frugal billionaires–who knows?