Do Rich People Stuff

The_millioner_mind_bookcoverDave Ramsey is fond of saying “If you want to be rich, do what rich people do. If you want to be broke, do what broke people do.

I was reminded of this on a couple different occasions recently. One friend posted a dumb picture on Facebook and another ordered a “Dewars on the rocks”.

Thomas Stanley in his incredible book “Stop Acting Rich” tried to differentiate between the “Glittering Rich” and the actual wealthy – the “Millionaire Next Door” type.  Contrary to popular belief, the vast majority of wealthy people don’t drink expensive liquor or own extravagant things.  Perhaps the fastest way out of debt is to stop buying stuff we don’t need.

If you want to “Fake it until you make it” with money, you can start right now by living frugally.

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