Did you know that Ikea Founder Ingvat Kamprad, a super-rich, saves money by getting haircuts in developing countries?
In an interview in the newspaper Sydsvenskan, Kamprad said: “Normally, I try to get my haircut when I’m in a developing country. Last time it was in Vietnam.” (source: The Guardian).
How does he save money when he has to fly to these countries? Well, he has to travel anyway because he oversees the Ikea business and being a super-rich, he does travel a lot.
So I think, he gets a haircut in countries where services are cheaper such as in developing countries, when he gets a chance to visit these places.
According to CNBC writer Jonathan Blumberg, the Swedish billionaire’s another frugal quirk is only wearing clothes bought from flea markets.
The Telegraph reported in 2014 that Kamrad said on television, “If you look at me now, I don’t think I’m wearing anything that wasn’t bought at a flea market.
We can learn some lessons in saving money from the Ikea founder. Definitely we can buy clothes at the flea market and we’ll save money. Now, if only we can fly to other countries to get cheaper haircuts. 🙂
Here are other ways to save money on haircuts:
- Buy a hair shaver and trimmer and cut your own hair. I’ve been doing this the past 10 years and just imagine how much I’ve saved by cutting my own hair.
- Use coupons, deals, and free hair cut promos
- Ask a spouse, friend or family member to do your hair
And here are some extreme ways:
- Go bald or grow your hair long (for men)
- Find a place that accepts hair donations and get a free haircut
- Go to training schools and volunteer to have your hair cut by student hairdressers or barbers
- Befriend a barber or hairstylist 😀
I also found excellent tips on saving money on haircuts on these links:
- Frugal Rules – save money on haircuts
- Six Figures Under cutting your family’s hair
- Money Crashers hair cut saving tips
- Live About – save money on hair