Five billionaires who are reportedly to live frugal lifestyles.
I think now is high time to explore such possibility.
Technology is getting cheaper, thus you actually don't have to pay a lot more to get similar high tech stuff. The casualty will be the vendors, however if vendors can practice the same frugal lifestyles, then all will be balance back ?
Sometimes it is also important to mix with the right group of friends; frugal friends.