Is This True That Rich Folks Are Frugal? (sale, old, national)

[Ultrarunner]

Originally Posted by Tightwad

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.

Well, I think that leaves just about everyone out except for ruling Monarchs...

Here in Silicon Valley, even the wealthiest still have to comply with zoning laws, flight rules, etc...

[3-Oaks]

Another example of someone with lots of $$$ but lives more like a 'normal' person....

Warren Buffet lives in an early 1900s neighborhood in Omaha, in a house he bought in 1958.

[Grandpa Pipes]

Originally Posted by Ultrarunner

Well, I think that leaves just about everyone out except for ruling Monarchs...

Here in Silicon Valley, even the wealthiest still have to comply with zoning laws, flight rules, etc...

Balderdash! YOU take my words completely out of context. Such low reading comprehension already!

[Texas User]

Originally Posted by zendrive

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!

Same here. Let someone else take hit on the depreciation on the first few years.

[Texas User]

Originally Posted by Marlow

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.

Thats why they are rich. Because they are smart in spending.

[Texas User]

Originally Posted by Tightwad

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.

You still have to abide by the Laws of the gov't.

[Texas User]

Originally Posted by Ultrarunner

Well, I think that leaves just about everyone out except for ruling Monarchs...

Here in Silicon Valley, even the wealthiest still have to comply with zoning laws, flight rules, etc...

San Jose, CA?

[Texas User]

Originally Posted by 3-Oaks

Another example of someone with lots of $$$ but lives more like a 'normal' person....

Warren Buffet lives in an early 1900s neighborhood in Omaha, in a house he bought in 1958.

Thats a classic. Probably was reinovated many times.

[Ultrarunner]

Originally Posted by Tightwad

Balderdash! YOU take my words completely out of context. Such low reading comprehension already!

Once a peasant... always a peasant... at least I come from Humble Stock

[Ultrarunner]

Originally Posted by Texas User

San Jose, CA?

Yes...

I was thinking of Larry Ellison of Oracle... he is listed as one of the worlds richest men and even with all his money, he is restricted on when his plane can land at San Jose' International Airport...

The San Jose's Mercury News runs stories about many of the Valleys Uber Wealthy and the problems they run into with zoning regulations... so just having money, or lots of it... doesn't equate with having the freedom to do what you want... at least not All of the time