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Any self-made rich people I've met are rich for one reason and that reason is they don't spend one cent more than they have to for anything, every penny they ma
by dhughes 16y ago
Any self-made rich people I've met are rich for one reason and that reason is they don't spend one cent more than they have to for anything, every penny they make they hold onto for the rest of their lives.
I would say people who inherited wealth would be far more generous since they have no real connection to the money in some cases such as lottery winners or someone who made a lot on the stock market.
Rich people in general just going by percentage of money spent are more frugal either by choice or just the nature of having so much money any object bought costs so little. The average Joe spends more than his entire year's salary on a car, the same for a house nearly more than a lifetime salary for some. Smokers and drinkers may spend 1/3 of their yearly salary on smokes and booze.