You know how it is. Our elders be teaching us to save your money, be frugal and that is the secret to becoming rich. They even show you a picture of Warren Buffet or guys like Mark Zuck from facebook who be wearing frugal tee shirt and drives second hand used vehicles. Why are they being frugal when they are worth billions?
Don't be a hmoobrock because we got our priorities backwards. Let me use an example. Lets say you only make $10,000 a year salary. That's poor status right? So what do the poor do? They be frugal and buy cheap stuff or not buying stuff at all. By doing all of that cut cost savings, you are still poor at the end of the day. You are still worth $10k. So where is this saying that you have to be frugal like them rich people to become rich?
The reality is that marK zuck be wearing tee shirt and that is all that we see him wearing is some cheap tee shirt. What we failed to realized is that his tee shirt cost $500 a piece. Did you also know that amazon guy jeff bezos drives a honda accord? Well these rich guys can be seen shopping at cheap stores and wearing cheap clothing and driving cheap cars because they can do it by CHOICE. The poor do not have a choice so they have to be frugal.
So the lesson for the hmoobrock and the likes is stop being frugal if you want to become rich. This is why vietnam was once a poor country because everyone be saving their money and not spending it so the economy suffers. To become rich, you have to increase your income. it is that simple. Saving money through buying cheap stuff is a game that poor people play. If you want to be rich, don't play like the hmoobrock is the moral of the story here.