“The book, Millionaire Next Door by Stanley and Danko ought to be required reading. It addresses your correct observations.”
I recommend that book to the younger guys I meet. I pick up every penny I see. (I mostly meet younger guys in the gym now. They’ll get on the incline, drop a pocket full of change and not bother to pick it up. On a good week I make enough off the floor and the parking lot to buy a Micky-D’s small coffee. Oh, scan the ground by Micky-D’s drive-through. They never go outside to recover the change they drop.)
I don't have time for that. I'm too busy looking through the coin return slots on pay phones. Business sucks since they invented the cell phone.
“I pick up every penny I see.”
Actually, I made the calculation and determined it’s a losing battle. My back (or knees) will buckle from that long before the pennies amount to real money.
Much better options out there, like learning to do your own wiring, plumbing, ac repairs, car repairs, etc. Keeping “the man” almost totally out of my life has been one of my proudest accomplishments.
Lots of other things too, Netflix instead of cable/satellite, burners instead of I-phones, $3 wine...list is endless.