Frugal Millionaire – an Oxymoron?

Is it mutually exclusive? Wikipedia defines an oxymoron as a figure of speech that juxtaposes elements that appear to be contradictory. Here are some great ones that most of us use without realizing they are oxymorons.

Most of us use them at some time:

  • the sound of silence
  • an organized mess
  • jumbo shrimp
  • same difference
  • lead from behind
  • accidentally on purpose.

You can have either an adjective-noun, or less often a noun-verb combination. Recognize when other use them, or try making up some yourself. 

Frugal Millionaire is not one, even if it may sounds contradictory. In order to achieve the status of millionaire, one must accumulate wealth. Whether you work hard for the money or inherit wealth, it takes a plan and work to keep it.  One of the ways to keep it is through being frugal. Living according to ones means is critical. This is the deciding factor in reaching this status. There is a zero-budget for all levels of income. This means that you don’t spend more that you make and then adjust budget accordingly.

http://HowToBeAFrugalMillionaire.com

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