What are some money saving rules that rich people follow?

[You]

What money-saving rules do the wealthy swear by? I want to know the secrets to their financial success. Do they prioritize investing over spending? Avoid lifestyle inflation? Use cash instead of credit? Share the habits and strategies that have helped the rich build and maintain their wealth.

 

[cherry123]

They work hard to make their money and have a budget which should be reasonable when it comes to spending.

 

[Sawe]

I think most rich people prioritize investment over spending. They make sure that their investment portfolio always goes up even if that means cutting back on some expenses.

 

[Stardom22]

Most rich people live frugal life of the highest order that most poor people couldn't manage.

 

[nomad]

I don't think rich people are into saving cash, they are more into investing. That's why they are rich.

 

[freelancermaria]

Wealthy individuals often seek opportunities to invest their money and make it grow, prioritizing investments and entrepreneurial endeavors over traditional savings to increase their wealth.

 

[Ratine]

They have higher standard discipline in sticking to their budgets and saving habits for that matter.