Rich People Are Cheap? Really?!!!

In this episode, I wanted to share my opinion on this 'stereotype' we have that most rich people don't spend money on their lifestyle. So, In this podcast, I've shared a couple of habits these people have. These habits sometimes give an impression of not spending money on 'themselves' and their 'lifestyle'.

Timestamps that may get your interest:

(00:03) - A great question asked?!!

(00:57) - Sat Sri Akal, Ki Haal Chal!

(01:46) - From where rich people are getting money?

(04:34) - How many years does it take to become wealthy?

(06:56) - We are spending 50% more money compared to millionaires just on groceries!!

(08:34) - How we can double our money in 10 years?

(11:00) - Why rich people don't spend money on expensive cars?

(12:49) - Which car do I drive?

(14:32) - My opinion on 'Why Rich People Are Cheap?'

(15:40) - Did I just give an example of Virat Kohli in the video?

Studies and Researches mentioned in the episode:

https://www.chrishogan360.com/investing/how-many-millionaires-actually-inherited-their-wealth

https://business.financialpost.com/personal-finance/most-canadian-millionaires-are-self-made-and-almost-half-are-immigrants-poll-shows

https://www.businessinsider.com/it-takes-the-typical-self-made-millionaire-at-least-32-years-to-get-rich-2015-3

https://www.daveramsey.com/blog/millionaire-spending-habits

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