Las Vegas-based millionaire, with a reported net worth of $5.3 million, has earned herself the title “World’s Cheapest Millionaire” – and she wears it like a badge of honor.
According to TLC’s “Extreme Cheapskates,” Elizabeth’s frugal lifestyle includes some eyebrow-raising choices, including dining on cat food to save money.
“It’s perfectly good protein,” she told the show, defending her unusual dietary choice. “If you mix it with a little bit of tuna, you can’t even tell the difference.”
But her penny-pinching doesn’t stop at feline cuisine. Elizabeth takes pride in spending just $1,000 per month, a feat that would make even the most dedicated bargain hunters scratch their heads.
According to Business Insider, she refuses to turn on her home’s heating or air conditioning, preferring to bundle up in winter and sweat it out in summer.
“Why waste money on new clothes when the old ones still fit?” she quips, referring to her 30-year-old underwear collection. Her commitment to frugality extends to her cleaning habits – she reportedly uses the same paper towel for a week, carefully preserving it between uses.
Perhaps most notably, Elizabeth hasn’t hired a cleaning service in years. As reported by The New York Post, she convinced her ex-husband to continue cleaning her house for free after their divorce.
“He still cleans for me because he’s afraid no one else will do it right,” she explained during her TLC feature.
Despite her extreme saving habits, Elizabeth isn’t struggling financially. Her wealth comes from various business ventures, including real estate investments and a successful book about financial independence. She’s simply chosen this lifestyle, proving that sometimes, old habits – even those formed during leaner times – die hard.
Love her or hate her, you can’t deny that Elizabeth’s approach to wealth management is uniquely her own. Though perhaps we’ll take a pass on the cat food diet.
Editor’s Note: This article was compiled using information from TLC’s “Extreme Cheapskates,” Business Insider’s profile on extreme savers, and The New York Post’s coverage of unusual millionaire lifestyles. While Aimee Elizabeth’s story has been featured across various media outlets, her cat food consumption and extreme saving habits were primarily documented through TLC’s program and subsequent interviews.