This article is very interesting but also enlightening to a sense. Do you ever wonder how do rich people stay rich? Of course its not by spending all of their money. Take Warren Buffet into consideration, an American Business magnate, who has a net worth of $86.8 billion dollars according to Wiki.
Warren Buffet still eats breakfast at McDonalds according to marketwatch.com. He also still lives in the same home he purchased in 1958, for $30,000.
Lots of rich people are frugal, experts say.
You’ll find them in the aisles of Target and Walmart…
They tool around town in a Ford
…and dropping coin at the dollar store
They give a lower percentage of their income to charity
They clip a lot of coupons
Reports show that 1 in 3 people who have a net worth of $5 million still shop at Walmart.
Just because you have money like a football star doesn’t mean you have to spend like one.