Millionaires and Saving Money
To think that I have something in common with millionaires!
I’ve read books about millionaires and apparently most millionaires are frugal with their money, even though they have an overflow, abundance, more than enough! Who would have thought?
Yep. It’s true. Many millionaires will iron their own clothes instead of taking them to the cleaners. They’ll repair old shoes, instead of buying new ones, and just buy a variety used items instead of new.
I do know a few people who are worth millions and when I read those books about millionaires and their frugality, it reminds me of the few millionaires that I know. Sure enough, they are the same way!
They’ll buy an expensive car, but wear older socks. They scrimp and save. It’s also true that most millionaires did not inherit their fortunes, but earned it instead.
Oh yes, and as for me, I love using my wood burning stove to heat up water, cook up soup on a cold night, or brew a cup of coffee instead of using electricity. I’d rather have a fire in our wonderful wood burning stove than reach for the thermostat to turn up the heat.
Of course that doesn’t work in the summer, but saving on that air conditioning does!
Okay, I admit it. I’d much rather do without air conditioning in my house. Back east, however, in the summer that was not doable for me, but out here in Colorado I don’t want an air conditioner. I’d much rather save the money, raise the windows, turn on some fans, and even use the oven less than use the A.C.
Save, save, save is what many millionaires make a habit to practice.
It’s true that most Americans don’t have a savings, so an undesirable event could leave them in a bad situation.
There are many ways to save money.
When we first got married, I didn’t always make the wisest purchases. I did, however, want to be wise and use the money I had the best I could. So I started thinking about those “little” purchases and impulsive buying.
I remember that I made a decision to stop buying magazines and magazine subscriptions. Yep, that was one thing I would buy that was impulsive and definitely not a necessity.
How about purchases at the grocery store like snacks, or other items that you really don’t need, but that are impulsive?
It’s good to work hard and save money, and a great character trait that children need to learn, especially this day and time.
Here are 25 ways to save money:
Well, that’s a short list, but maybe that’ll give you some ideas or inspire you to save money too! A little goes a long way and could help you become debt-free and live in your dream home one day!
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