Surprisingly, I actually live in a wealthy community. I often have conversations with millionaires when I go to Starbucks. I usually have four to five books on me when I am researching for my writing. Sometimes, someone will ask where I found them. Most of my books I find at local thrift shops or library book sales.
People get strange looks when I mention thrift stores. This is because wealthy people donate to these places but wouldn’t want their clothes to be seen there. Let’s get to the point.
My personal opinion is that no matter how wealthy you may be, if you’re wasting money, then I don’t care. I don’t think anyone is an idiot. It’s amazing how people don’t see the benefits of buying good deals and donating money to good causes. You should make a list of all the things you want to buy. Instead of going to a department shop, visit thrift, secondhand and estate sales and consignment shops once a month or quarterly. It will surprise you what you find. Although it may take you a while, you’ll have fun and save tons of money.
This is a great idea, even if you’re not Warren Buffett wealthy. However, Warren Buffett loves a good deal and I wouldn’t be surprised if he did the same. It’s not possible to become rich and remain wealthy by being stupid about money. Even rich people enjoy getting a good deal. It is a good idea to practice frugality. This makes it easier to negotiate and keeps you more in touch with the true value of money and what it is worth. You might also be able to avoid spending money on something you won’t use, so you can donate the money.
If I was you, which I am not, I would get off my high horse and stop wasting money. Otherwise, you might end up calling Suzy Orman one evening and wailing about where your money went and what you are going to do about your future. That’s all I have for you. I do hope that you will take the time to consider this information and reflect on it.
