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Money and Finances
Reply to "The Biggest Waste of Money - Suze Ormn"
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[quote=Anonymous][quote=Anonymous]Many rich people are surprisingly frugal. They don't just waste money because they have it. They actively make decisions of what to spend their money on. [/quote] This. Borrow “The Millionaire Next Door” from your local library. Most popular car for millionaires in the US is a Ford F-150, not Lexus, not Mercedes, not BMW, not Jaguar, not Land Rover, …. Admittedly, that F-150 probably is at one of the higher trim levels, but still this fact surprises many people. One’s spend rate often is visible, but many people’s actual wealth/net worth often is not so visible. Often, someone with a low/lower spend rate has more wealth than one might guess from looking at that spend rate.[/quote]
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