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Kiplinger: Frugal Habits of the Super Rich

Frugal Habits of the Super Rich

Becoming wealthy and staying that way takes a certain level of discipline. Sure, an occasional splurge won't put you in the poor house, but frequent frivolous spending on things that aren't necessities can quickly put a serious dent in your wallet. The frugal habits necessary to achieve financial success and maintain it are often lessons learned early on.

In this slide show, meet seven entrepreneurs, business leaders and famous faces, including Google's David Cheriton, Berkshire Hathaway's Warren Buffett and Hollywood's Hilary Swank, whose modest living -- from clipping coupons to clipping their own hair -- has helped them amass and/or maintain vast fortunes.

As Knight Kiplinger wrote in his classic column The Invisible Rich, "the biggest barrier to becoming rich is living like you're rich before you are."

Learn more about the cost-cutting moves that help make these successful millionaires and billionaires who they are.

By Andrea N. Browne, Channel Editor, Kiplinger.com

(CREDIT: Thinkstock)
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Kiplinger
The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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