The Millionaire Next Door... Part 2

[Dien Rice]

I came across this interesting article...

It's about the millionaires... who tend to be generally frugal.

Sure, they may splurge. They often own multiple properties, some for investment, but some also for them to live in.

However, they don't throw away money...

But are they happy?

According to the article... They are!

You know what? It's easy to get rid of money. Just go down to any casino... They'll happily help lighten your wallet for you, and empty your bank account, if you let 'em!

There's a lot of spending you can do which you'll have nothing to show for it down the line!

Anyway, here's the article...

The millionaires who count every penny
http://www.brisbanetimes.com.au/busi...06-ghi3zg.html

Of course, it's not as "flashy" as flying your personal helicopter to work every day...

Now, why have I mentioned this article?

I have to say, I get pleasure from getting a good deal!

I've spent $100 for a meal at a restaurant (not often)... Frankly, I don't think I enjoyed it 10 times as much as when I spent $10 for a nice meal, as you think you "logically" should...!

In fact, I'd say I've often gotten more pleasure from the $10 meal than the $100 one... If it's a good deal, too, it just increases the pleasure for me...

So sue me...

Best wishes,

Dien

P.S. Why the reference to "The Millionaire Next Door" in the title? That book points out that many millionaires are "ordinary people" who live in ordinary suburbs, living ordinary lives... Who happen to have a lot of money - often invested somewhere, whether in their own business, or in other investments like property, stocks, etc... A large percentage of them are small business owners.

[GordonJ]

When times are good and I'm "flush"... I want something to show it...

Which makes the local Dunkin Donuts/Baskin Robbins the perfect hangout...instead of leaving my dough on the green felt of a casino, I like to carry it around for everyone to see. Good times = bigger belts!

Gordon

Originally Posted by Dien Rice

I came across this interesting article...

It's about the millionaires... who tend to be generally frugal.

Sure, they may splurge. They often own multiple properties, some for investment, but some also for them to live in.

However, they don't throw away money...

But are they happy?

According to the article... They are!

You know what? It's easy to get rid of money. Just go down to any casino... They'll happily help lighten your wallet for you, and empty your bank account, if you let 'em!

There's a lot of spending you can do which you'll have nothing to show for it down the line!

Anyway, here's the article...

The millionaires who count every penny
http://www.brisbanetimes.com.au/busi...06-ghi3zg.html

Of course, it's not as "flashy" as flying your personal helicopter to work every day...

Now, why have I mentioned this article?

I have to say, I get pleasure from getting a good deal!

I've spent $100 for a meal at a restaurant (not often)... Frankly, I don't think I enjoyed it 10 times as much as when I spent $10 for a nice meal, as you think you "logically" should...!

In fact, I'd say I've often gotten more pleasure from the $10 meal than the $100 one... If it's a good deal, too, it just increases the pleasure for me...

So sue me...

Best wishes,

Dien

P.S. Why the reference to "The Millionaire Next Door" in the title? That book points out that many millionaires are "ordinary people" who live in ordinary suburbs, living ordinary lives... Who happen to have a lot of money - often invested somewhere, whether in their own business, or in other investments like property, stocks, etc... A large percentage of them are small business owners.

[Dien Rice]

Originally Posted by GordonJ

When times are good and I'm "flush"... I want something to show it...

Which makes the local Dunkin Donuts/Baskin Robbins the perfect hangout...instead of leaving my dough on the green felt of a casino, I like to carry it around for everyone to see. Good times = bigger belts!

Thanks - that gave me a good laugh!!

Best wishes,

Dien

[GordonJ]

How fat we are.

How many flags there are.

Yes, we're a successful and patriotic country and we show this off to the world in these two very noticeable ways.

Gordon

Originally Posted by Dien Rice

Thanks - that gave me a good laugh!!

Best wishes,

Dien

There's a third thing that they also notice but don't mention until they return to their homeland.... How crazy brainwashed the masses are: http://rt.com/news/266848-russia-nuke-america-poll/

Originally Posted by SteveSki

There's a third thing that they also notice but don't mention until they return to their homeland.... How crazy brainwashed the masses are: http://rt.com/news/266848-russia-nuke-america-poll/

Steve,

Now that was funny. Quite a contrast to the fact that Americans are the most generous critters on the planet when it comes to disaster relief.

Haiti is the latest example. Americans gave about 500 million USD to the Red Cross and that was just for the latest Haiti earthquake.

The RC is now under scrutiny to account for that money. And, you guessed it, they can't. But that's another story.

I for one hope the world keeps laughing. That way they aren't pulling a trigger or throwing a bomb.

Mark Dice is pretty funny... have you seen any of the videos of him trying to sell a once ounce gold coin for $50? Check it out: www.youtube.com/watch?v=heX8vKRgGUY

However... IMO.... he is purposefully triggering peoples sales filters.

It's like when you walk into a store and a salesperson approaches you and says... Can I Help You? The normal reaction of most people is... no thanks, I'm just looking.

But if the salesperson was a professional who studied the psychology of sales and read a few books on the subject... like Elmer Wheeler's classic "Tested Sentences That Sell" he or she may open up a conversation with you by saying "Hello, is this your first time here?" or "Have you found what you're looking for?" no?... well maybe I can help you, what brought you in today?

Here's an excellent presentation on how to get a yes answer 80% of the time: http://shareandlikethis.com.au/mostskill

Cheers,
Steve
www.FreeSampleContest.com