Want to be rich? Change your spending habit
Recently, I’ve read an article about 10 unknown millionaires and their stories. Sorry to say that I couldn’t find the link to that article. But here is what I’m able to remember after reading it.
Each of the 10 millionaires are unknown or normal people. It’s just like you and me…normal people spending time doing things for their normal life, and staying in normal house, working in a normal job. There is no big deal about who they are or what they are doing. But they’re rich……far richer than the normal folks….and far richer than most people thought they are.
The reason behind this is their lifestyle. All of them practice frugal living and only buy things which they really really need. They seldom (some of them never) buy anything which they want but don’t need. And even if they need something, they will make sure they don’t have anything which can be reused (or modified). If they do have such things, they will just modify and reuse.
I know to some of you, this kind of lifestyle is pathetic and sad. But this is the path they’ve chosen. They never aimed to be millionaire though….they just love to live a simple life and only use things they need to use.
So now, think about it. Do you still want to be a millionaire? Do you think you can do it? If yes, how will you do it and what will you do in order to be a millionaire? Live frugally or be the next Bill Gates? Well, to be honest, it’s easier to do the former than the latter.
Last but not least……let me throw you a question. Take a wild guess, what are their occupations?
From what I can remember, there’s a school teacher (a normal one, not those who teaches in tuition centers), a bank officer (not the type who cons the bank’s money), an insurance agent, etc. As you see, these are really normal folks.
So if they can do it, why not you?
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The advantage of living fugally is that when you look poor, your friends and relatives quit bugging you for money, hehe. Yup it sure is possible to be a millionaire on a teacher’s salary although that may require some investing. Once in a while you hear some rags to riches story, mostly in the US, where a homeless man would die and leave a million dollars to his pet dog, etc.