00:00Want to know what rich people rarely waste money on?
00:02Here are five things.
00:03One, low-quality clothes.
00:04Two, lottery tickets.
00:05Three, extended warranties.
00:06Four, gourmet coffee.
00:07And five, high-interest debt.
00:08Follow for more money tricks.
00:10Number one, expensive status symbols.
00:14Many wealthy people focus on value, not showing off.
00:20Number two, high-interest debt.
00:22They avoid paying unnecessary interest.
00:24They high-interest debt.
00:27They avoid paying unnecessary interest.
00:30Number three, impulse shopping.
00:32They think before they buy.
00:34Always make a list first.
00:37Always make a list first.
00:40Number four, subscriptions they never use.
00:43Subscriptions they never use.
00:46Small monthly costs can add up over time.
00:49Number four, subscriptions they never use.
00:53Subscriptions they never use.
00:55Never use.
00:56Small monthly costs can add up over time.
01:00Number 5. Waiting to learn about money.
01:03They keep improving their financial knowledge.
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