Quote:
Originally Posted by Kiba  I remember a book on the study of millionaires' lives.
They say the average millionaires are frugal. Meaning they mostly live under their mean.
I guess Steve Pavlina also live under his mean too. |
Could it have been
The Millionaire Next Door?
Note the difference between being intelligently frugal (living below your means but still creating a lifestyle you enjoy) vs. being cheap (living so far below your means that you end up lowering your standards and contributing less than you're capable of).
I don't advocate being lavishly wasteful, but what seems lavish to one person may in fact be very frugal and efficient to another.
I once read a book called
How to Survive Without a Salary, which was about a guy who was so cheap, he'd invest extraordinary amounts of time just to save a few extra dollars. While it was an interesting and creative read, the overall strategy didn't seem very intelligent to me. This was long before eBay.