Welcome to Mindset! This is a show that is dedicated to honest, inspiring and thought-provoking conversations about money.

Warren Buffett is one of the richest people on the planet but is famous for living a life of extreme frugality. He still lives in the same house he bought in 1958 and seems perfectly content with fast food and a flip phone. Which raises an uncomfortable question for the rest of us…should we all follow suit or is Buffett just built differently?

Today, we're talking about extreme frugality. What is it, is it healthy, and is it actually a secret weapon for building serious wealth.

Show Highlights Include:

• Warren Buffett: A Case Study In Extreme Frugality (1:45)

• Defining Extreme Frugality (6:45)

• Example Of Using Frugalness To Build Wealth (8:30)

• Practicing Extreme Frugality May Be A Sign Of A Disorder (14:30)

• Extreme Frugality Isn't For Everyone (21:30)

Listen Now!

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Extreme Frugalness: Wealth Builder or Life Destroyer