Secrets of the wealthyOver breakfast last weekend a friend was relating a story of a very wealthy man. Though the man has passed on, the story remains a testament to how wealthy people remain that way.
My friend relating the story was a young driver for the older man. The older gentleman had a number of businesses around town and yet would eat at places he knew had a good meal for an attractive price. On at least one occasion he would drive completely across town (back in the days when gas was cheap) just to get a lunch special price at a mom and pop restaurant. That's just one way the wealthy stay wealthy by looking for value when spending.
This wealthy individual didn't dress the part, didn't spend like someone who has lots of money but did know how to acquire money (remember the self employed part) and hang onto it by living much under his means.
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Richard J. Garcia | 04/05/2011