Millionaire Habits
I remember reading the book The Millionaire Next Door a few years ago and being surprised at a few of the common habits of millionaires. I had this picture of the typical millionaire in my head: fancy car, huge house, expensive lifestyle and habits. It turns our that most of the millionaires interviewed were quite frugal. That is:
“economical in use or expenditure; prudently saving or sparing; not wasteful”, according to dictionary.com.
I would say that most of our real estate clients fall into this “frugal” category. The simple fact is that traditional real estate fees are not a frugal way to spend your hard-earned equity. The equity in your home is, after all, yours. Why not keep it? Why not spend it wisely? Be frugal. It’s a common theme echoed by some of our recent Boulder real estate clients. They see the services that our company offers in a simple, side-by-side comparison to traditional real estate and realize that their money is better spent with us.
To quote Paul Clitheroe: ” The amount of money you have has got nothing to do with what you earn.. people earning a million dollars a year can have no money and.. People earning $35,000 a year can be quite well off. It’s not what you earn, it’s what you spend.”
Well said.
Leave a Reply