Seven frugal habits of the rich you can adopt – They spend less on clothes, shoes and food

Again, it boils down to good spending habits. A lot of wealthy people are penny-pinchers, using discounts, sales, coupons, rewards or loyalty points to save money where they can. Small discounts add up to big money over time.

Whether it’s US stars like Kristen Bell, or Premji, who ensures his employees switch off lights in offices, they know how to cut costs.

THE LEARNING
* Use mobile apps like Paytm to pay bills or book tickets since they offer cashbacks and discounts.
* Use hyper-local discovery sites like Nearbuy.com to avail discounts while travelling.