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Blog post: 7 Spending Tips From Frugal Billionaires

This forum post has messages dated from 09/28/10 through 09/22/11, please be sure to read all the messages. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.

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Brevard, North Carolina

Blog post: 7 Spending Tips From Frugal Billionaires

Thank author of this post/commentFrugal billionaires by Jean Folger, Investopedia Thursday, September 2, 2010  Carlos Slim Helu (Carlos Slim), a telecom tycoon and billionaire with ...frugal tendencies, has a net worth of U.S.$60.6 billion according to Forbes. Assuming no changes in his net worth, he could ...frugal billionaires.   Keep your home simple Billionaires can afford to live in the most exclusive mansions imaginable and many do, ...frugal billionaires like Warren Buffet choose to keep it simple. Buffet still lives in the five-bedroom house in Omaha that he ...transportation Thrifty billionaires including John Caudwell, David Cheriton and Chuck Feeney prefer to walk, bike or use public transportation when getting

#1

Marynor

These are truly useful tips. I am a frugal person but I am not wiser enough in spending money. The seven spending tips from frugal billionaires are really helpful for a person to prosper. I really like the way he pointed out about using transportation, buying clothes, haircut, and skipping luxury items. These are little things to consider but can help you become a billionaire. You better read it as well.

#2

Allan

It was never that easy to be frugal. And it is good to know that there are those people who make it to the billionaire's list just by merely being frugal and wise in handling their finances.

I admire those people who did well in managing their finances and learning from them really is a good thing to do if you want to at least be financially stable, or like these people.


#3

Giorgio

I have read this article before. Still, it is a reminder of one of the factors that led to the success of these men in business. It really goes to show the importance of the small details in big projects such as these. Every time I read something like this it makes me want to get up off my desk and go put these points into action. Then I wait for the money to pour in.

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