Hi calvin! Wat does it means a life of frugality? I find oxford dictionary frugal is adjective word but i cannot understand wat does it means. May u explain? Thank q very much.
Good afternoon Cheshirecat. The word frugal? Let me illustrate
Warren Buffet is the 3rd most richest man on earth today. Yet he lives frugally. He bought a second hand car instead of new. New car will lose lots of money when name change from 1st to 2nd owner.
He also ate simple breakfast like $3 mcdonald burger.
Same goes for Igvar Kamprad. The founder of Ikea. Though Top in Top 10 Billionaire list. He only drive an old Volvo. Also take bus to work. He also buy used 2nd hand clothes from flea market.
Li Ka Shing also frugal because he wears Seiko watch. Later upgraded to a Citizen watch worth $400 whereas his business friends wear Rolex watches worth many times more
That means that a frugal person live simply, cheaply although he may be very very rich in like.
Another way of putting it is the word "economical"
Some people like to eat expensive seafood like lobster, alaskan crabs and others costing hundreds of dollars.
While others live and eat frugally like "economical" rice served in Roadside hawker center. Rice with 1 meat and 2 vege serving costing less than Rm5 to Rm6.00?
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calvintaneng
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WHAT IS THE ULTIMATE LESSON FOR SUCCESS?
HARDWORK, DILIGENCE AND A LIFE OF FRUGALITY?
NO? THAT'S NOT ALL.
IT IS THIS!!!
TO BE ABLE TO GO AGAINST THE CROWD. ALL WERE IN FEAR AND PANIC DURING MA ZEDONG CULTURAL REVOLUTION OF 1967.
IT WAS REVOLUTIONARY TIMES! GREAT UNCERTAIN TIMES.
MANY FEARED. MANY PANICKED!!
THEY WERE ALL SELLING AND DUMPING!!
HONG PROPERTY PRICES WERE PLUNGING!!
AHA!!!
O NİY ONE MAN BUYING THEN
LI KA-SHING
ONE MAN WHO WENT AGAINST THE CROWD. AGAINST FEAR. AGAINST UNCERTAINTY.
ONE MAN WHO HAD VISION TO SEE BEYOND
ONE MAN WHO SUCCEEDED AND THEREFORE STOOD OUT!!!
ARE YOU THE MAN?
OR ARE YOU A JELLYFISH?
WHICH ONE?