1. They Spend Less Than They Earn — Always.
Sounds obvious, right? But it’s the foundation of every millionaire’s mindset. No matter how much they make, they live below their means.
Warren Buffett still lives in the same house he bought in 1958. Many other millionaires set “personal spending caps” that keep their lifestyle stable even as their income grows.
The key? They don’t inflate their lifestyle every time they earn more. Instead, they let the gap between income and expenses grow — and use that extra cash to invest.
Frugal takeaway: When you get a raise, don’t automatically upgrade your life. Upgrade your investments first.
