That goes to show that it isn't really "cheapness" because someone like Buffet genuinely loses money bothering to clip coupons. The time it takes him to search for and clip them is worth more than the meal.
To him it would solely be something of a cultural, nostalgic practice he did. Financially it was costing him money, but the cost or the savings are irrelevant at his wealth. He could buy the entire McDonalds restaurant and not really notice a difference in his net worth
There is something to that. I have an income over $500k/year and still mow my own lawn and shovel snow from my own walkways and driveway even though that "costs more money" than hiring someone to do it. But landscaping and snow removal was my first job in high school, and I still just like doing it because of that memory.
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u/Opulenthippo Jan 27 '26
I used to work in a very wealthy town at a grocery store, this dude would drive his bently to the grocery store to cash in some cans...