The Frugal Habits Of Famous Millionaires And Billionaires You Need To Know

Making so much money that you are now an established millionaire or billionaire is a beautiful thing. Not many live to see their bank account grow to that extreme. The people on this list were able to achieve that feat, and they’ve maintained their wealthy status with smart spending habits. That’s right, not everyone who’s a millionaire and beyond like to blow their cash. There are some who keep their habits quite frugal. Whether it’s where they shop or how they get around, there are lessons to be learned from their advice. Take these tips on how to keep your money in the bank from those who do it best.

Zuckerberg Simplifies His Life

Kevork Djansezian/Getty Images
Kevork Djansezian/Getty Images

You won’t catch the man who changed the social media landscape driving anything fancy or wearing clothes you might see on a runway. No, the Harvard dropout keeps things simple with his fashion attire as it eliminates option paralysis. Mark Zuckerberg said, “I really want to clear my life to make it so that I have to make as few decisions as possible.”

As for his car, he drives a Volkswagon GTI that only costs around $30,000. He could easily take a Porsche off the lot, but he lives well below his means. A clad T-shirt and regular vehicle are all he needs.