Strange Money Habits of Billionaires
I observed in general the world's top billionaire made their massive fortunes through multiple streams of income. Their secret to financial success is simple enough to replicate: find and turn on as many money taps as you can manage and soon you will be swimming in an entire lake of cash.
In this article, I will reveal a few strange money habits some of these super-rich folks have.
Interestingly, including having multiple income streams, a few of them actually opt for a life of frugality instead of flashy extravagance. In all likelihood, they need not worry about their monthly bottom-line anymore but unbelievably, they still take pains to spend carefully. Believe it or not, here's proof using a few examples:
1) Ikea founder Ingvar Kamprad drives a 15-year-old Volvo, flies economy, avoids expensive suits and eat simply at lower-tier restaurants.
2) Investor Warren Buffet (world's richest man 2007) lives in the same house he bought for just US $ 31k nearly 50 years ago instead of building a grandiose mansion with sprawling grounds.
3) British billionaire John Caudwell cycle more than 23 kilometers (14 miles) to work everyday to save cash (probably a few petrol dollars) and stay fit. He even cuts his own hair to save time and that extra few pounds!
4) Indian billionaire Azim Premji , owner of technology giant Wipro, serves food on paper plates in a lunch reception honoring his son's wedding!
I do not blame you if you have problems believing how incredibly frugal these billionaires are. If you're already self-sufficient in cash, try and experience for yourself some of their cash-saving habits. It's a little nutty but it's fun!
Otherwise, if you're hard on cash, why not learn from their cash-making habits instead. That is, through multiple streams of income.
