In a world dominated by consumerism, a group of people with high income is redefining what it means to be rich. Known as “low consumption” millionaires, they prefer a lifestyle based on austerity and simplicity, allowing them to accumulate great fortunes and achieve financial objectives such as early retirement or flexibility of work.
Second FortuneThese millionaires do not seek status through luxurious material goods. Instead, they keep their expenses at least. An example is Shang Saavedra, a multimilionary business woman who rents a modest house, leads a 16 -year -old car and shopping in the frozen supermarket section.
Saavedra’s approach is intentional
She and her husband invest in long -term activities, such as children’s education and high -performance properties. His discreet lifestyle not only allows you to save you, but also provides financial tranquility in periods as Christmas holidays, when your biggest expense is with philanthropy.
Contrary to what many may think, austerity does not mean living with deprivation. Second Live on a pennyBeing austere is not synonymous with poverty, but of financial intelligence. This perspective is reflected in people such as Annie Cole, another example which, despite having a net assets of over one million dollars, adapts its expenditure less than $ 4,000 per month.
Cole prefers second -hand clothes and prepares …
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Source: Terra
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