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As she told GOBankingRates, Do I need to be frugal?
No, not really.
Here are thefrugal habits Orman still follows, even though she can afford almost anything.
I really do not like to spend money to go out to eat.
I dont like it, I dont like it.
I dont like it.
Its so much money, she said.
Long-Term Car Ownership
Unlike the typical three-year upgrade cycle, Orman believes in gettingmaximum value from vehicles.
Minimalist Wardrobe and Accessories
Ormans approach to personal accessories is remarkably consistent.
Even more surprisingly, she explained, I have one purse.
One purse and that purse dates back to 1993.
Saving for Retirement
Orman emphasized the importance of choosing the right bang out ofretirementaccount.
Emergency Savings Strategy
On building an emergency fund, Orman noted a concerning statistic.
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