U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Frugal Living
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Closed Thread Start New Thread
 
Old 10-29-2009, 11:52 PM
 
12,671 posts, read 20,489,997 times
Reputation: 2618

Advertisements

Quote:
Originally Posted by zendrive View Post
I would much rather realize the tranquility that comes with having a paid for house, savings in the bank and a nice three year old car thats paid for than running a front trying to keep up with the jonses.

I like stuff and get bit by the new car bug and I sometimes get new home fever. Then I remind myself of just how lucky I am with what I do have and stay the course.

Reading this thread just might have made me realize no I dont need a new car right now.
All you need a is a 99 cents new car fragrance that they sell at Walmart and you car will smell new again.

 
Old 10-29-2009, 11:53 PM
 
Location: Moku Nui, Hawaii
9,316 posts, read 17,951,460 times
Reputation: 7980
When I lived on a boat, I joined the local yacht club because they had much nicer showers than the ones available in the boat harbor. They should, that particular yacht club - on a per member basis - was the fourth richest club in the United States. However, most of the folks there drove "regular" cars, wore regular clothes and most of the time acted like regular folks. However, they did live in much nicer houses than most of the rest of the folks around. Not fancier houses or bigger houses, just sheerly nicer houses. Architect designed, professionally built, professional landscapers, landscape crew, etc. But not huge McMansion types. Floor to ceiling windows which were NOTCHED around the ceiling beams. That is NOT the cheap way to build a house. A nice "modest" house set on a ridge overlooking two spectacular views. That one had a mink covered couch (better than a paisley print throw) as well as an interesting tiled indoor/outdoor shower. One fellow did have a bowling alley in his condo. I thought that was fun. One of the richest of these folks would show up at the club in an old Honda Accord wearing an old tee shirt and a rather tired looking pair of shorts. That's how he was comfortable.

Once a year they would have the "Ladies Easter Hat Luncheon" and the women would wear huge outrageous hats and all their jewelry. Some of the rings had stones an inch by two inches, I have no idea of the carat weight. It wasn't costume jewelry, either. It was just a once a year fun event they had.

Rich people, at least all the ones I've met, are pretty much like regular folks but they have the ability to follow interesting ideas when they get them.

I also asked a few folks what "rich" was. I've had answers from "having enough to pay the bills on time" to "going to Paris for breakfast whenever I want".
 
Old 10-29-2009, 11:53 PM
 
Location: SW Missouri
15,527 posts, read 29,233,815 times
Reputation: 21263
Quote:
Originally Posted by zendrive View Post
Interesting to note is that Bill Gates ran Microsoft debt free. I dont always care for his operating systems but his philanthropy is admirable.
Yes, well. He does give away a lot of money and that is truly admirable of him. And yes, running his operation debt-free is very good too.

But that house. That house. Yikes.

20yrsinBranson
 
Old 10-29-2009, 11:56 PM
 
12,671 posts, read 20,489,997 times
Reputation: 2618
Quote:
Originally Posted by 20yrsinBranson View Post
Just like anything else it depends on the person.

I don't know many rich people personally. I do know one that is very rich and lives in a modest home. You would never know of his financial status by his appearance or lifestyle.

On the other hand, I know a lot of people who are living paycheck to paycheck and are living "very large", who are far from being rich. Even though they give you the appearances that they are.

But then again....there's that Bill Gates thing, you know?

20yrsinBranson

Well Bill Gates IS rich! Regardless of how he portrays himself. He has donated lot of money from the Melinda Foundation. He seems very humble.
 
Old 10-29-2009, 11:57 PM
 
25,801 posts, read 49,697,815 times
Reputation: 19248
I'm still not clear on how Rich is being defined in this thread...

I know quite a few older folks that are very well off... they live in the same home they lived in back in the 60's or 70's... drive cars for 10 to 15 years... mostly American made... they have no financial worries and you would never know by outward appearances of their wealth...

There was a local guy that left the city of San Francisco a couple of million dollars in his will... he lived in a 800 square foot apartment for 40 years and the neighbors would bring him food and baked goods... no one, not even those living around him knew he had millions...

On the other side... there are those well to do that live very normal lives with one exception... it usually a hobby or passion... maybe a sailboat, airplane or antique cars... often they do all the work or most of it... being rich provides the opportunity to indulge a passion...

Farmers and Ranchers are often wealthy and you would never know... they are not the ones to live idly without working...
 
Old 10-29-2009, 11:59 PM
 
12,671 posts, read 20,489,997 times
Reputation: 2618
Quote:
Originally Posted by hotzcatz View Post
When I lived on a boat, I joined the local yacht club because they had much nicer showers than the ones available in the boat harbor. They should, that particular yacht club - on a per member basis - was the fourth richest club in the United States. However, most of the folks there drove "regular" cars, wore regular clothes and most of the time acted like regular folks. However, they did live in much nicer houses than most of the rest of the folks around. Not fancier houses or bigger houses, just sheerly nicer houses. Architect designed, professionally built, professional landscapers, landscape crew, etc. But not huge McMansion types. Floor to ceiling windows which were NOTCHED around the ceiling beams. That is NOT the cheap way to build a house. A nice "modest" house set on a ridge overlooking two spectacular views. That one had a mink covered couch (better than a paisley print throw) as well as an interesting tiled indoor/outdoor shower. One fellow did have a bowling alley in his condo. I thought that was fun. One of the richest of these folks would show up at the club in an old Honda Accord wearing an old tee shirt and a rather tired looking pair of shorts. That's how he was comfortable.

Once a year they would have the "Ladies Easter Hat Luncheon" and the women would wear huge outrageous hats and all their jewelry. Some of the rings had stones an inch by two inches, I have no idea of the carat weight. It wasn't costume jewelry, either. It was just a once a year fun event they had.

Rich people, at least all the ones I've met, are pretty much like regular folks but they have the ability to follow interesting ideas when they get them.

I also asked a few folks what "rich" was. I've had answers from "having enough to pay the bills on time" to "going to Paris for breakfast whenever I want".
To me being rich is not having to work for money and to do whatever I want and whenever.
 
Old 10-30-2009, 12:01 AM
 
12,671 posts, read 20,489,997 times
Reputation: 2618
Quote:
Originally Posted by 20yrsinBranson View Post
Yes, well. He does give away a lot of money and that is truly admirable of him. And yes, running his operation debt-free is very good too.

But that house. That house. Yikes.

20yrsinBranson
The house in Seattle? Does he really live there? He probably paid cash for it.
 
Old 10-30-2009, 04:06 AM
 
2,038 posts, read 3,648,894 times
Reputation: 3165
Quote:
Originally Posted by Texas User View Post
All you need a is a 99 cents new car fragrance that they sell at Walmart and you car will smell new again.
Eh, even had I purchased a new car, it will be three years old.

And comparing a fragrance to genuine leather is like comparing jello to creme brulee!
 
Old 10-30-2009, 08:17 AM
 
15,187 posts, read 16,039,895 times
Reputation: 25076
Just depends on the people. There is a family where I live who are rich by anyone's standards and live in a beautiful home in a prestigious neighborhood. But the mom drives a Toyota minivan and at least some of her daughter's clothes come from Target.
 
Old 10-30-2009, 11:15 AM
 
Location: Planet Eaarth
8,957 posts, read 17,000,905 times
Reputation: 7193
Quote:
Originally Posted by okpondlady View Post
In my home town there is a very rich rancher. About 10 years ago they drilled for and hit a Natural Gas well on his property and he owns all the mineral rights, ect. He drives around in a Ford 150 pick up truck that is about 15 years old, wears bib overalls, his wife drives a bit newer car..but still over 10 years old. She is a wonderful cook and bakes from scratch and sews most of their clothing still (just like she will tell you she did when they first got married and didn't have 2 pennies to rub together after they made the land payment).
They could afford to move to Tulsa and have a cook, maid, driver, and butler too...but then he wouldn't be able to take hay out to HIS cows with HIS tractor. Oh I do have to say they just built a Very nice barn... fairly state of the art, for the cows. I think that is the first thing they have splurged on in a really long time. Frugal? Pretty much I would say. You don't get rich by SPENDING all your money.
Quote:
Originally Posted by hotzcatz View Post
When I lived on a boat, I joined the local yacht club because they had much nicer showers than the ones available in the boat harbor. They should, that particular yacht club - on a per member basis - was the fourth richest club in the United States. However, most of the folks there drove "regular" cars, wore regular clothes and most of the time acted like regular folks. However, they did live in much nicer houses than most of the rest of the folks around. Not fancier houses or bigger houses, just sheerly nicer houses. Architect designed, professionally built, professional landscapers, landscape crew, etc. But not huge McMansion types. Floor to ceiling windows which were NOTCHED around the ceiling beams. That is NOT the cheap way to build a house. A nice "modest" house set on a ridge overlooking two spectacular views. That one had a mink covered couch (better than a paisley print throw) as well as an interesting tiled indoor/outdoor shower. One fellow did have a bowling alley in his condo. I thought that was fun. One of the richest of these folks would show up at the club in an old Honda Accord wearing an old tee shirt and a rather tired looking pair of shorts. That's how he was comfortable.

Once a year they would have the "Ladies Easter Hat Luncheon" and the women would wear huge outrageous hats and all their jewelry. Some of the rings had stones an inch by two inches, I have no idea of the carat weight. It wasn't costume jewelry, either. It was just a once a year fun event they had.

Rich people, at least all the ones I've met, are pretty much like regular folks but they have the ability to follow interesting ideas when they get them.

I also asked a few folks what "rich" was. I've had answers from "having enough to pay the bills on time" to "going to Paris for breakfast whenever I want".
Quote:
Originally Posted by Ultrarunner View Post
I'm still not clear on how Rich is being defined in this thread...

I know quite a few older folks that are very well off... they live in the same home they lived in back in the 60's or 70's... drive cars for 10 to 15 years... mostly American made... they have no financial worries and you would never know by outward appearances of their wealth...

There was a local guy that left the city of San Francisco a couple of million dollars in his will... he lived in a 800 square foot apartment for 40 years and the neighbors would bring him food and baked goods... no one, not even those living around him knew he had millions...

On the other side... there are those well to do that live very normal lives with one exception... it usually a hobby or passion... maybe a sailboat, airplane or antique cars... often they do all the work or most of it... being rich provides the opportunity to indulge a passion...

Farmers and Ranchers are often wealthy and you would never know... they are not the ones to live idly without working...
The true defintion of "rich" vs "poor" has always been the ability to choose what you want, where and how you live without being fettered by the desires and wishes of others. This is the exact opposite when you are "poor".

In other words.......freedom in a very real way.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Frugal Living
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top