10+ Year Member
- Aug 23, 2007
- Reaction score
Do you get "disgusted and put off" by millionaires as well, because they are the ones those "cheap" people turn into. I honestly don't care what you do, but I'm sure those who have similar attitudes and spend 100%+ of what they make with no speakable savings will be the first ones to have their hands out when **** hits the fan.
Please also remember that "cheap" does not necessarily = poor quality of life. For my situation I live in a brand new 3000sqft house, drive a nice car and do enjoy a multitude of fun and interesting activities. I will also be a millionaire by the time I am 32. I work hard, but I also understand how to buy assets that do not deprecate in value and avoid consumables that have zero value. You may want to expand your horizons and perhaps see how it is possible to be "cheap" and have a comfortable/fulfilling life.
+1, right on! My parents came to this country 25 years ago to study, with nothing to their names. Even after they started making $150K+ a year after graduation, they still lived frugally, which admittedly was embarrassing in front of my friend during teenage years. But in 20 years, they grew their net worth from $0 to $5 mil. They don't find flaunting money fun, rather accumulating wealth is very much a joy to them. And now that I understand and learned from them, I'm so glad they saved and invested, because there's 0 worry about their financial future.