Frugality is In, Says Tracker of the Wealthy | KCET
Frugality is In, Says Tracker of the Wealthy
Sure, it's not exactly SoCal-specific; not exactly a think tank; and at five-weeks-old, not exactly breaking news...
But still, TTLA couldn't resist passing along a few of the insights from the March 15,2009 edition (Vol. 105, No. 3) of The Wealth Report (Motto: "Leading Edge Insights into the World of the Wealthy"), a publication of the Manhattan-based Luxury Institute (Motto: "The Knowledge of Luxury, The Luxury of Knowledge").
With the permission from Milton F. Pedraza, Luxury's CEO, below are the excerpted reprints of a few of the Report's observations. The analysis, the Report says, is based on surveys conducted of 500 Americans with an average net-worth of $3.9 million:
More information, and a raft of "WealthSurveys," are available for purchase via the Luxury Institute's site.
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