Why does Facebook CEO Mark Zuckerberg live life so simple ?

When you appreciate the basics of life and value money your outlook  changes .

If Mark Zuckerberg took his money and splurged it , Facebook wouldn’t be as big and impactful as it is today  .


People act surprised when they find out the Likes of Warren Buffett and Marc Zuckerberg living simple  .

They didn’t become rich by  wasting money  .

Mark and Warren have a good understanding of the economy and both of them understand the power of compound interests.

Why splurge just because you have it ?



The difference between the rich and poor is not an income gap but more importantly a difference in mindset.

Warren and Mark put their money into  capital appreciating assets .

Both of them know cars depreciate and suck money   .

All you are doing is paying insurances ,maintenance,licence Bills .

Mark and Warren would rather invest their money and earn compound interests.

https://youtu.be/q0AZQS3mQvs



Why invest money into “assets ” that lose value and eat through cash ?

Mark and Mr.Buffett have learned to do more with less . This is one of the reasons why they can leverage more time and money than the average person.

When I found out Zuckerberg wears the same outfit basically everyday  I wasn’t surprised.

The problem with most people is that they want to look rich as opposed to being rich.

I know people selling off their Cars and boat equipment now  .

Think about how much it cost to fill up a tank in your car and a boat. If you take your boat out for the day and put 300 dollars in your tank and not earn nothing you are taking on a loss.

You can take  money and invest it into a fishing boat ,Tour boat or even a  boat rental agency. S

Say you take your boat out 4 times per month that is a whopping 1200 bucks a month 14 400 per year .

That’s money that could  earning you  interest.

Mark Zuckerberg is calculated.

People like himself hate throwing Money away. I know it’s hard for the average mind to grasp that one of the richest man in the world would not be in a luxury car or house.

I understand though .

I have nothing against buying luxurious cars, boats ,jewelry.

I would not do it unless  I  have investments producing the cash flow to pay it off .

Is this starting to make sense to you now ?

Do  You notice how many athletes and entetertainers go broke even after amassing millions ?

This is because they don’t have no income to sustain their lifestyles after life in the NBA or Music  industry.

Basically when the checks stop coming in they have no new revenue streams.

The IRS and banks still want their money t  And when they can’t get their payments they freeze your assets and take you to court.

Living beyond your means is a recipe for disaster. It a  way to go broke.

If Mark and Warren with all their money live simple why can’t you Atleast get yourself to a point where your revenues are exceeding your expenses .

Don get yourself in a financial bind over stupidity .

The people you are impressing don’t care if you forfeit your mortgage or loan agreements. It’s time to elevate your minds.

Rich people invest money for future  generations .

Zuckerberg and Buffett don’t have time to be worried about what others think about  their lifestyle  . Both of them are rich and successful for a reason.

Like I said earlier there is nothing wrong with buying nice things .

Problems arise when you buy into “assets” that suck away your cash

Like the Things that cost you to  maintain without earning a return . I prefer to invest in assets the bring me free cash flow.


Conclusion

Don’t live beyond your means to appease people. If you want the house the jewelry the car the boat invest your money and let it work for you .

That way you can have income to sustain you in times of difficulty instead of forfeiting loans Mortgages etc .

What your opinion on rich people living some lifestyles?

Comment below .