May 2009
29
Any frugal millionaires out there?
OK, any folks out there that want to become frugal millionaires?
Here are a few simple guidelines to get you started in the right direction. It may take a lifetime to accomplish, but what else do you have to do in the meantime that's more important? I believe that many (most?) folks that post here @ SavingTools are probably headed that way anyway.
Frugal millionaires are unique thinkers when it comes to spending money: 1) they can easily delay their need for gratification when purchasing; 2) they are resourceful in getting what they want by carefully timing their consumer purchases; 3) they make living below their means painless; 4) they don't like wasting anything (especially money); 5) their sense of "self-entitlement" is highly minimized: and 6) spending is OK with them...depending on what they are buying (think: appreciating vs. depreciating assets).
http://finance.yahoo.com/news/How-to-Spend-Like-a-Frugal-usnews-15357371.html/print;_ylt=AnAUpZoQlvkpf51gtnG1L_nFLs8F
