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Millionaire refuses to spend greater than £900 monthly: ‘I don’t prefer to pay!’ | Personal Finance | Finance


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Aimee Elizabeth prides herself on her money saving tactics, saying: “I’m the world’s least expensive multimillionaire”. The millionaire is ready to save lots of over £160,000 per 12 months through her extreme savings methods, like only having one knife and one kitchen sponge.

Ms Elizabeth is a successful Las Vegas entrepreneur managing rental properties and multiple investments in a brokerage fund. 

Despite this, she sticks to essentially the most frugal of lifestyles, and shared a few of her money saving tactics on TLC’s Extreme Cheapskates. 

She said: “I keep my water heater turned off. I would like 22 minutes to heat it up enough to get a shower, so I turn it on every morning once I stand up.” 

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Once the water heater has been turned on, Ms Elizabeth puts on a timer for 22 minutes and immediately goes to shower once it goes off. 

She added: “God forbid I waste an additional minute on that water heater. It saves me over $80 (£64) a month on my water bill.”

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Ms Elizabeth also refuses to purchase anything latest if she deems it unnecessary, having one grotty sponge and a single knife. 

She noted she never allows her knife to the touch water with a purpose to keep its longevity, simply wiping it with a towel after each use. 

Her ex-husband, Michael Murray, has experienced these tactics first hand:“While we were married Aimee learned the right way to turn off the circuit breakers to save lots of on power. 

“Do you already know how over and over I might get up and forget that the water heater was off and jump within the cold shower.”

Ms Elizabeth lives in a surprising home in Las Vegas only because her ex-husband insisted she took it within the divorce. 


She explained: “When my ex-husband and I got divorced, he’s got a great heart, he insisted that I keep the home because he knew that if I didn’t keep the home I might move right into a hubble of a one-bedroom apartment to get monetary savings and he’s right. 

“I like nice things but I don’t prefer to pay for them.”

Alongside giving her the home, Mr Murray also cleans the house without cost every month, saving Ms Elizabeth roughly $400 (£324) monthly. 

He shared: “I’m glad to assist her across the house. I do cleansing, yard work, and I drive her to her appointments every now and then.” 

Ms Elizabeth’s money saving methods have affected everyone round her, with friend Tina Randolph recounting a harrowing experience: “Certainly one of the times that I noticed Aimee was a cheapskate was, I got here to her house and he or she asked me did I would like lunch, so I said sure. She fixed me a tuna fish sandwich, as I’m eating the sandwich I’m pondering ‘That is a bit of fishy, what is that this?’ 

“Then I looked on the countertop and I noticed there have been cat food cans that were empty. I believed ‘No, she didn’t do that!’.”

Mr Murray got here to Aimee’s defence saying: “I don’t think Aimee has actually fed anyone cat food but I wouldn’t put it past her to try.”

Ms Elizabeth shared her own views on the subject: “Tuna fish for people $0.89 (£0.72), cat food for cats $0.59 (£0.48).”

Whilst filming the episode of Extreme Cheapskates, Ms Elizabeth was attributable to attend a business meeting in Los Angeles, which might cost either $250 for a flight or $80 for gas to make the 4 hour drive. 

Ms Elizabeth shared: “I don’t spend money on business travel. I just think it’s a complete waste of cash since it’s not something tangible you get to maintain. So I like to search out ways to avoid paying for it.”

Nevertheless, when taking her 1996 Mustang for a routine oil change, the mechanic refused to let it leave as he deemed it not protected enough to be on the road. 

The mechanic, Jimmy Lodge, quoted Ms Elizabeth $1,000 to repair every thing incorrect together with her automobile which she outright refused and called Mr Murray to drive her to the airport. 

Mr Lodge shared: “She won’t even spend $100 to place a great set of tyres on her automobile. She won’t spend the cash to place a belt on th automobile, she wont even make the automobile protected enough to drive on the road. I might say she is the most affordable millionaire I ever met before.” 

Now on the airport, Ms Elizabeth managed to search out herself a personal chartered flight to Los Angeles without cost by talking to among the pilots on the airfield.

Pilot Paul Schulz, who turned Ms Elizabeth down, shared: “Normally what people would do is just coming as much as an airport they might ask people who find themselves doing test flights or break in flights. It’s just being in the fitting place at the fitting time. Chartering an airplane you’d expect it to be within the range of $2,000 (£1,620) to $3,000 (£2,431) for a visit all the way down to LA, and he or she got it without cost. She is actually thrifty.”

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