Why Frugal Life Style is not popularized by Press & Media?
I have already told you in the previous articles that, Frugal Life Style is the key to successful Wealth Building. Now, you will think that, if this is true than why don’t we see such people living frugal on TV and News Papers?
We see sports stars & Celebrities spending millions of dollars every year behind their lavish lifestyle on TV and news papers. But we have never seen any person living frugal on TV and Media channels. Why So?….
Well, the reason is simple because Frugal Life style is not exciting at all. Press promote only high spenders and lavish life style people because it’s exciting to see high spending and lavish life style. But Press will never promote Frugal Life style because there is nothing exciting in Frugal Life style.
If some celebrity is 30 years old and earn US $ 5 Million a year. And his Net worth is US $ 1 Million today than that celebrity is technically a millionaire according to the definition but according to my definition, he is not a wealthy yet. Because according to my equation, of someone is earning US $ 5 million per year than his net worth should be US $ 15 Million.
Just think that if today that celebrity stop working than how many days he could live on his $ 1 Million Net worth?….. Not even a 3 months right?….. Because his annual income is $ 5 Million and still he has accumulated wealth of just $ 1 Million. What this shows? This shows that, he is spending more than $ 4 Million a year behind his celebrity life style.
Now, How many days this celebrity could survive on $ 1 Million Net Worth? Probably 3 months or Maximum 6 months but not more than this…!!!!
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