Quote:
Originally Posted by bausch
Actually, I find it EXTREMELY believable. He probably has one mil in the bank BECAUSE he drives a 95 Neon and lives in a crappy place. If he drove a benz and lived in a nice place he probably wouldn't have a mil liquid right now.
Did you know that the owner of Ikea who is worth 23 BILLION drives a 1993 Volvo and is even known to use his bus pass to save money?
http://www.forbesautos.com/advice/to...r_kamprad.html
There's this book I read called "Inside The Millionaire Mind" and it reveals the lifestyles of a lot of the millionaires in America who have net worths in the millions.
- It said a lot of them get their shoes RESOLED (have new soles put on their shoes) instead of actually buying new shoe.
- A lot of them reupholster furniture instead of buying new
-They clip coupons to save money.
-Typical millionaire has a net worth of just 3 million and lives in a home valued at under $277,460 |
I've read this book also, my father reached millionaire status a decade or so ago and you would of never realized it. He doesn't purchase new clothing, lives in a duplex and pretty much has the same old 80's Mercedes car which he purchased out of med school. The majority of millionaires I know are not flashy with there money and are quite comfortable with the way they live.