BiggerPockets readers understand that financial independence is not just about making money, it’s also about making smart choices with how you spend your money. Sure, you might be able to afford a Starbucks coffee each day, but making coffee at home could save you more than $10,000 over a ten-year period of time. The six billionaires featured in the infographic below demonstrate that substantial cost savings can be found hiding in plain sight—and they just may inspire you to uncover some of your own.
The World’s Most Frugal Billionaires
Warren Buffet may be the most successful investors in the world (with a net worth of nearly $90 billion), and yet he does not carry a smartphone or spend $4 on breakfast (sorry, Starbucks). And long after Amazon founder and CEO Jeff Bezos was well on his way to becoming the richest person on the planet, he still drove a modest Honda Accord. Read on for more cost-saving habits of some of the world’s richest business men.
What are some ways that you practice frugality?
Share your tips and tricks below!