Saturday, October 10, 2009

Frugal Living: Media Hype

Frugal Living & Media Hype

Have you ever seen that the media hyping the frugal life style of real rich and wealthy people? Well, No. In fact, Never. Media will only highlight the lifestyle of those people who spend money lavishly. And that’s why now most of the people in our world started believing that, if you don’t show your money, you don’t have it.

But What is the reality than? Well, the reality is that, people who spend lots of money are in reality, High Income, low wealth accumulator people. They just look cool and rich but in reality they are not rich. If today they stop working than they can not maintain their same life style for even a year only.

While true wealthy people are those who live frugal and suppose today if they stop working than also for the rest of their lives, they can maintain the same level of lifestyle from their current wealth. Than why TV & Media don’t hype these true wealthy people?

Well, because their life is not exciting. They have enough accumulated wealth but their life style is not exciting and adventurous and TV and Media channels have to show glamorous life style to their watchers otherwise nobody would see their TV Channel.

Most of the people who build wealth are hard working, thrifty and not at all glamorous. These people live well below their means. They don’t believe in showing high status. They only believe in accumulating wealth. They believe in collecting appreciating assets. Showing High Status is not the top priority for these people but Financial Freedom is their top priority.

So now, you decide yourself that, Which kind of life do you want to live? A High status life style at the cost of wealth or Financial Freedom & frugal life style?….!!!!

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