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Today, people recommend frugality. Even people like Bill Gates, Carlos Slim, and Warren Buffet do not use their money prodigally. Bill Gates, the richest man in the world, only has $100,000 car; Carlos Slim, the second richest man in the world is known for his stinginess – he even checks how much he spent for his socks; lastly, Warren Buffet, the third richest man in the world, is known for his frugality and generosity. He still has his shabby car and his house is considerably smaller than other rich people. The reason all people try to avoid prodigality is also Puritan’s influence. Puritans recommended poverty: “Even though a member of the group became very poor, the Puritans did not kick him out but even extolled him for his industry and frugality” (Beeke 101)...
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