Ronald Read (1921–2014) gained fame for his extraordinary frugality. He worked in low-income jobs such as a gas station attendant and janitor in Vermont for decades, with his modest lifestyle, including:
Ronald Read is now quoted as a compelling example of how delayed gratification and frugality can transform a modest income into a significant opportunity. We don't have to live the same life as Ronald Read, but being frugal with saving and investing can help everyone build wealth to buy freedom-the freedom to do what you really want to do.
As the new year begins, it’s a great time to reset. As there are numerous exciting activities lined up in the plan, let’sprioritize our financial well-being and start to be frugal. Frugality is a valuable virtue that can help us live within our means and achive financial freedom.
- Driving a second-hand Toyota Yaris.
- Using safety pins to repair his old khaki coat.
- Cutting his own firewood well into his 90s.
Ronald Read is now quoted as a compelling example of how delayed gratification and frugality can transform a modest income into a significant opportunity. We don't have to live the same life as Ronald Read, but being frugal with saving and investing can help everyone build wealth to buy freedom-the freedom to do what you really want to do.
As the new year begins, it’s a great time to reset. As there are numerous exciting activities lined up in the plan, let’sprioritize our financial well-being and start to be frugal. Frugality is a valuable virtue that can help us live within our means and achive financial freedom.