3 ms·
Hah. I'm one of those who's allergic to all debt. What I've observed around me is that second- and third-generations almost inevitably slide into financial dege
by noduerme 3y ago
Hah. I'm one of those who's allergic to all debt. What I've observed around me is that second- and third-generations almost inevitably slide into financial degeneracy and lose their wealth, because they don't have the habits you're talking about. "A penny saved is a penny earned" is something you can only really grok if you had to earn pennies. Even if that is a psychological kink... it's the kink that generates fortunes, rather than dissolving them.
See also Warren Buffett's breakfast menu...
https://www.inc.com/jeff-haden/warren-buffett-gets-a-mcmuffin-on-way-to-work-every-morning-but-not-for-reason-you-think.html https://www.inc.com/jeff-haden/warren-buffett-gets-a-mcmuffi...
- Gud 3y ago"When I'm not feeling quite so prosperous, I might go with the $2.61: two sausage patties I put together. $3.17 is a bacon, egg, and cheese ... but the market's down this morning, so I think I'll pass up the $3.17 and go with the $2.95." If uber billionaires like Warren Buffet thinks having a McMuffin for breakfast is being frugal, oh boy do I have some advice for them. 1/2 cup oats 1 cup water a pinch of salt. Put it in a microwave, turn on the microwave and let it do its magic. Add som jam(but not too much) on top. For the cost of his cheapest breakfast meal, I can buy at least a kilo of oats. Having a McMuffin for breakfast every day is squandering almost a thousand dollars every year. I bet he also has coffee to go with it, another small fortune wasted.
- noduerme 3y agoI mean, I don't even eat breakfast or lunch, so it's all a bit silly to me. But I say spend money on things that make you happy, as long as you feel it's a fair value.