5 Frugal Habits of the World’s Richest People

5 Frugal Habits of the World’s Richest People


Just because someone has accumulated a bank account that rivals that of Bill Gates doesn’t mean they spend like there is no tomorrow. Research and anecdote teaches that wealthy people, including the very wealthiest, are surprisingly frugal.

That’s not saying they’re cheap. After all, there is a difference between being cheap and frugal. Frugal means being smarter and wiser at prioritising your funds, finding the best value and making solid investments, traits that have fattened the bank accounts of the richest people in the world. They have so much wealth because they realise the real value of money.

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Here are some of the frugal habits of the wealthy you adapt to build up your own hefty bank account.

Murray Newlands
Murray Newlands is an entrepreneur, business advisor and online-marketing professional. In 2013 Murray founded TheMail.com. He is the U.S. correspondent for YourStory.com.
  • nkululeko81

    I like this one more #They live below their means……most of us are mere employees but drive and wear expensive objects…