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26 Secrets Rich People Won’t Tell You About Their Habits and Lives

Most of them weren't always rolling in it. Here are 26 tips from rich people on how to make your money matter.

Coupons_rich peopleigor kisselev/shutterstock

We're cheap—and proud of it

When you open up the paper and you see those coupons, it looks like dollar bills staring you in the face ... It’s how I grew up. Why not?—Hilary Swank to talk-show host Kelly Ripa, on clipping coupons. Here are 13 more things rich people never waste their money on!

plane seats_rich people secretsiStock/Bartosz Hadyniak

I think about it this way: Not spending money is the same as making money

So if I save $2,000 by not flying first class, that’s the same as someone paying me $2,000. Wouldn’t you sit in an uncomfortable chair for three hours for $2,000?—A successful Boston plastic surgeon   Learn some creative ways to save money you probably haven't thought of before.

pay in cash_rich people secretsChampion studio/Shutterstock

I go to the ATM only once a week and pay for everything with cash

"That way, I’m forced to stay on a budget without counting pennies and saving receipts. I can spend only what is in my wallet. I turn it into a game where each week, I reduce my ATM withdrawal amount by $20 to determine how low I can really go."—Alan Corey, author of A Million Bucks by 30

haircut_rich people secretst.max/Shutterstock

We're just like you

Millionaires tend to pay about $16—including tip—for a haircut at a traditional barbershop.—Researchers from the University of Georgia Survey Research Institute.

trash bags_rich people secretsistock/Gabor Izso

We loathe waste

One time my granddaughter was filling out all this paperwork, and there were several paper clips. I told her to take them off so she could reuse them. She said, ‘Grandma, do you know how cheap paper clips are?’ I said, ‘Do you know how far a penny can stretch when you need it to?’—Pat Brennan, co-owner of Brennan Builders, a premier custom-home builder in Evans City, Pennsylvania

stock market_rich people secretsiStock/TERADAT SANTIVIVUT

We invest on whims

During the spring of 2012, I  read the Wall Street Journal and learned that Talbots was supposed  to be acquired, but after the deal fell through, its stock fell nearly 50 percent in one day. That’s when I purchased $5,000 worth of Talbots stock. Its value increased by 50 percent that day, and I made the decision to sell it right then.—A partner at a prestigious Washington, DC, law firm. If you want to bulk up your bank account even more, try investing in these 19 must-have items to save even more money.

salary_rich peopleJacob Lund/Shutterstock

We're gutsy with our jobs

When negotiating a new salary, always end the negotiations with a request for a nine-month review, instead of the usual 12-month review. It always gets approved, and it gives you a three-month head start on a potential salary raise or bonus.—Alan Corey. Here are the things rich people never say.

smart_rich people secretsREDPIXEL.PL/Shutterstock

We're not as smart as you think

It’s amazing how much smarter everyone thinks you are once you have money. Two days after I sold my company, I got asked to speak at a conference I had been trying desperately to speak at for six years.—Peter Shankman, entrepreneur and angel investor. You don't have to be rich to have control over your credit score. 

Stocks_rich people secretskatjen/Shutterstock

We find investment ideas in everyday life

After my wife got excited about the fact that Hanes sold its L’eggs panty hose in grocery stores, I figured that the company was on to something. I bought Hanes’s stock and watched it rise sixfold.—A manager of the Fidelity Magellan fund. Learn the secrets lotto winners won't tell you.

conversation_rich people secretsDragon Images/Shutterstock

We don't quit until we get the deal

I once went all the way to the head of customer support at Dell over a problematic computer that was out of warranty, and I was shipped a new one the next day. If you are willing to go up the chain, you will very likely reach someone who is willing to bend the rules to rectify a complaint and fix the problem.—August Turak   Here are some money mistakes millennials don't realize they're making.

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Originally Published in Reader's Digest