Originally Posted by Lioness
What puzzles me are the Gettys and Carnegies of the world whose riches seemed to go hand in hand with a Scrooge-like cheapness. Seems to me they acted out of a sense of perpetual lack also: no amount of money was ever enough. Yet they were very successful with this mindset.
You should look up Franklin Templeton.
This billionaire will stinge on overpriced meals, but donate millions to charity. It goes to illustrate what I mean. He thinks that giving millions to charity is worth it; he thinks that $12 for a chicken sandwich is ridiculous.
You will look at the sandwich example as an example of Scroogey-ness, but it's really not. It's just about a more acute awareness of value for money.
Look at Warren Buffet. One of the richest men on the planet, but he continues to live in the same old house in a backwater part of the USA that he stayed half a century ago, before he got rich. Stingy? But he gave $40 billion to charity.