Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Scout out deals
Scout out deals

"Most millionaires are coupon clippers," says Thomas Stanley, co-author of The Millionaire Next Door. They're also deliberate vs. recreational shoppers using a detailed list to save time and money.

"The more time you spend in a store, the more you're likely to spend," says Stanley.

Indeed, 72% of those with a net worth between $5 million and $25 million indicated that frugality was one of the top five reasons for the wealth they'd built.

So don't be above hunting for discounts in the bargain racks, waiting for sales before you buy, claiming loyalty-card rewards, and generally looking for ways to save a buck rather than paying full price.


By Carla Fried, Anne C. Lee, Elaine Pofeldt, Susie Poppick and Penelope Wang @Money - Last updated July 03 2012: 5:57 AM ET
Join the Conversation
Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options