Disclaimer

This blog contains some simple tips and advice from two regular guys. We're not accountants, financial advisors, or brokers, so follow, ignore, or discuss our ideas as you see fit.

Wednesday, December 9, 2009

Article: To act like the rich, be frugal

Posted By Paul

I'm a big fan of the book 'The Millionaire Next Door' as you can see by the previous posts:

The Millionaire Next Door Pt 1: Big Hat No Cattle

Millionaire Next Door Review Pt. 2: UAW or PAW

Millionaire Next Door Review Pt. 3: Economic Outpatient Care

There is an article with the author where they ask him about trends in purchasing of certain "status" items. His findings and opinions are interesting. Here is an interesting excerpt from the article:

"For example, most prestige makes of cars -- 86 percent -- are driven by nonmillionaires. Yes, people with very high incomes, high levels of wealth are more likely to drive status automobiles. But in sheer numbers, the largest consumer segment for pricey cars, vodkas and homes is not the millionaire population, it is the aspirationals. These are people who think they are acting rich via their adoption of prestige brands, but in most cases they are only acting like each other."

Here is the link for the full article:

To act like the rich, be frugal

4 comments:

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AimTrust is what you haven`t ever dreamt of such a chance to become rich
The firm represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become an affluent person?
That`s your choice That`s what you wish in the long run!

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Anonymous said...

Hello !.
might , perhaps very interested to know how one can manage to receive high yields .
There is no initial capital needed You may start to get income with as small sum of money as 20-100 dollars.

AimTrust is what you haven`t ever dreamt of such a chance to become rich
The firm incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become really rich in short time?
That`s your chance That`s what you really need!

I`m happy and lucky, I started to take up real money with the help of this company,
and I invite you to do the same. It`s all about how to choose a correct partner utilizes your savings in a right way - that`s it!.
I take now up to 2G every day, and my first investment was 500 dollars only!
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Anonymous said...
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