Bill Gates: 5 frugal habits of the billionaire you may know
Bill Gates, the American billionaire businessman will be celebrating his 68th birthday tomorrow. Gates has made his mark on human history with his acclaimed computer software company, Microsoft. Presently, he has been delving into many critical social causes with his non-profit "Bill and Melinda Gates Foundation."
Gates has amassed massive amounts of wealth during his career. Even though he has not been actively working with Microsoft for quite a few years now, one can still see his name pop up on lists of the world's richest people.
Regardless of his wealth, he believes in living a rather simple life that he built through his frugal habits. His life, which is reportedly guided by discipline, only goes to show his rich value system, which has helped him become one of the most successful entrepreneurs in history.
So here are 5 economic habits of Bill Gates:
1. Cautious Expenditure
Gates, regardless of his significant wealth, understands the value of money. Although he can afford to purchase expensive items, he believes in spending his money carefully and being financially prudent. As per reports, Gates waited until Microsoft was a successful company, after which he bought a Porsche automobile. This only goes to show that he thinks a lot before any expenditure and understands the hard work that goes into earning money.
2. Simple Clothing
Reports say that Gates, despite his wealth, still wears a $10 wristwatch. Like other billionaires like Mark Zuckerberg and the late Steve Jobs, Gates wears a very simple V-neck sweater along with a collared shirt, which shows that he has a very basic wardrobe.
3. Budgeting Gates is an expert in financial planning and budgeting. Regardless of his massive wealth, which could have
