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7 spending tips from Frugal Billionaires

voxsartoria

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Originally Posted by RSS
Surely it's not he ... in that setting ... and those clothes?

Dang ... there goes my chance of ending on 3888.


3999


- B
 

JPHardy

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I would have bet 1 billion dollars that a certain Billionaire in this thread would have included AE seconds as a frugal tip.
 

mkarim

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Originally Posted by MetroStyles
Uh, here is a hint: They did not become billionaires because they wore t-shirts to work.

Exactly!!!
 

mkarim

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Originally Posted by forex
Vox,you are like a gossip girl, keep dossier and tab on everyone.

Does he have a black book?
 

RSS

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Originally Posted by voxsartoria
You didn't give away your inheritance?
Mommie specified that she was to be kept alive at all costs ... and she meant it. Fortunately one of us finally pulled the plug ... I mean tripped over the chord.
 

voxsartoria

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Originally Posted by RSS
Mommie specified that she was to be kept alive at all costs ... and she meant it. Fortunately one of us finally pulled the plug ... I mean tripped over the chord.

Momsicle?


- B
 

RSS

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Originally Posted by voxsartoria
Momsicle?
Popsicle I could have handled.
 

voxsartoria

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Originally Posted by RSS
Popsicle I could have handled.

smile.gif


- B
 

Bull

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The beauty of America is that nobody teaches these poor rich kids what to do with their inheritances, and so they squander the **** out of it and end up less happy than they would have been if they never received a penny. My older sister had a friend at Brown who sued her parents for control of her trust and then spent it in a month. Repeat: in a month, with the help of a boyfriend who broke up with her not long after the honeymoon was over. Fancy that! Poor girl had nothing to show for it except parents that hated her guts and disinherited her from the fortune that awaited her upon their respective deaths. I don't know why, but I get an evil/sick pleasure out of this story. Not so much because of the misery the girl must have felt afterward (which makes me momentarily sad), but moreso because of the humorous side effects of our insanely materialistic, consumer-driven society. It's not like this in Europe, where rich kids know how to behave. American rich kids...always a spectacle.
 

voxsartoria

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Originally Posted by Bull
The beauty of America is that nobody teaches these poor rich kids what to do with their inheritances, and so they squander the **** out of it and end up less happy than they would have been if they never received a penny. My older sister had a friend at Brown who sued her parents for control of her trust and then spent it in a month. Repeat: in a month, with the help of a boyfriend who broke up with her not long after the honeymoon was over. Fancy that! Poor girl had nothing to show for it except parents that hated her guts and disinherited her from the fortune that awaited her upon their respective deaths. I don't know why, but I get an evil/sick pleasure out of this story. Not so much because of the misery the girl must have felt afterward (which makes me momentarily sad), but moreso because of the humorous side effects of our insanely materialistic, consumer-driven society. It's not like this in Europe, where rich kids know how to behave. American rich kids...always a spectacle.

I cried while reading this long paragraph.

- B
 

mkarim

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Originally Posted by Bull
.
Americans take the advise of the media in many important life matters, money, investing principles, relationships, marriage, kids, etc. The media manipulates the "advise" it gives to fit its own purpose. In this country, media is King.

Proper education of these matters should begin at home. Only after a solid grounding of these principles can a person "decode" what he/she hears from other sources is in his/her best interests or not. But then again, proper upbringing is (conveniently) discouraged by the media. The media brainwashes Americans into believing that having a brain is a liability.
 

Bull

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Originally Posted by voxsartoria
I cried while reading this long paragraph.

- B


I cried while writing it. *insert emoticons clinking beer mugs*
 

scientific

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better to be brainless and materialistic than a pompous eurofag.
 

Allen

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Originally Posted by Holstein Bilter
http://financialedge.investopedia.co...lionaires.aspx

3. Buy Your Clothes off the Rack
While some people, regardless of their net value, place a huge emphasis on wearing designer clothes and shoes, some frugal billionaires decide it's simply not worth the effort, or expense. You can find David Cheriton, the Stanford professor who matched Google founders Sergey Brin and Larry Page to the venture capitalists at Kleiner, Perkins, Caufield & Byers (resulting in a large reward of Google stock), wearing jeans and a t-shirt.
Ingvar Kamprad, the founder of the furniture company Ikea, avoids wearing suits, and John Caudwell, mobile phone mogul, buys his clothes off the rack instead of spending his wealth on designer clothes.

===========================================

Thoughts?


You know... this is quite old so I'll give you the short version. But everybody knows what Bill Gates could buy: thousands of cars, small countries, the Moon, so on, but perhaps what he need to spend money on most is a new pair of glasses and some hair conditioner.
I am really pissed off by all those articles on the net and in financial magazines about "frugal" billionaires and how they live below their means and so on, but you know what I say? I say that's BS. Why in God's name would I want to have piles of money twice as big as Scrooge McDuck if I live below my means? I mean, I can look under my couch for change and eat peanut butter on bread without being rich.
pffff... frugal billionaires. I think they just want us to think they also have to make savings just so we don't throw tomatoes at them
 

patrickBOOTH

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Originally Posted by Bull
The beauty of America is that nobody teaches these poor rich kids what to do with their inheritances, and so they squander the **** out of it and end up less happy than they would have been if they never received a penny. My older sister had a friend at Brown who sued her parents for control of her trust and then spent it in a month. Repeat: in a month, with the help of a boyfriend who broke up with her not long after the honeymoon was over. Fancy that! Poor girl had nothing to show for it except parents that hated her guts and disinherited her from the fortune that awaited her upon their respective deaths. I don't know why, but I get an evil/sick pleasure out of this story. Not so much because of the misery the girl must have felt afterward (which makes me momentarily sad), but moreso because of the humorous side effects of our insanely materialistic, consumer-driven society. It's not like this in Europe, where rich kids know how to behave. American rich kids...always a spectacle.

lapo-elkann4.jpg
 

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