6 spending habits of the wealthy that pay off in their favor

FOX 4 Kansas City WDAF-TV | News, Weather, Sports

NEW YORK — It doesn’t matter how rich you are, poor spending habits can quickly drain even the most well-funded bank account.

Even wealthy shoppers with money to burn need to watch their spending.

“Price tags still matter,” said Amy Salinger, a personal stylist who works with several multi-million-dollar clients. “It’s about spending money correctly.”

Many affluent people don’t actually consider themselves rich, according to Tom Corley, a certified financial planner and author of “Rich Habits – The Daily Success Habits of Wealthy Individuals.”

And that mentality helps keep their spending in line.

According to his data, the majority of rich people with a liquid net worth between $3.2 million and $5 million don’t consider themselves wealthy.

“It’s not just about accumulating wealth, the bigger priority for them is accumulating and keeping their money,” he said.

But you can still spend like the rich and preserve your wealth, even if…

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