Have you ever thought about how most really wealthy people are extremely frugal?
In my personal experience with my own father I can attest to this notation. The man, bless his heart, dresses somewhat like a homeless person at times (I sure hope he never reads this, ha ha). He likes to sport around in sweat pants and a t-shirt. So, one would never guess that has done very well for himself. My dad was able to retire from a well-known pharmaceutical company when he was in his early 40's. He has since then bought countless properties and flipped them. His most recent purchase was up in Deer Valley at the St. Regis!! Ya, basically AMAZING to say the least. There is a freaking TV inside the bathroom mirror! In order for my dad to be able to afford such elaborate condos he has had to be very smart and cautious with where he spends his money. I honestly think it is like a gene that is embedded into my siblings and I.... "the thrifty gene". At times it truly can be exhausting to always being weighing the pros and cons of EVERY purchase. Nonetheless, I honestly believe that wealthy people get ahead by being well aware of their money and the places in which it is spent or saved. I snatched the picture below from my The Funicular (a gondola on the side of the mountain) ride up to the resort. PS apparently Oprah Winfrey stayed at The St. Regis this past week for Sundance.
My take-away tip from this Blog post is to make yourself aware of how each and every purchase will effect your budget. Stay focused on having a large sum in savings by truly paying attention to every single purchase you make! I say we all one day own super fancy condos and sip tea with Oprah Winfrey, ha ha ha.... till next time**
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