Being frugal won’t certainly make you rich, but it will help you cut down on unnecessary expenses, develop your ability for budgeting, identify and stick to your priorities, and create a positive atmosphere for you to thrive.
As said in previous lines, several billionaires lead a frugal life –barring some splurges– and are absolutely aware of the worth of every penny. They don’t incur in wasteful spending, they are usually independent and trust themselves to do their own tasks, and also have an abundance mindset that allows them to donate millions to noble causes.