One of the struggles rich people usually have is fighting the habit of over-spending. It’s difficult to draw the line between rewarding yourself for the hard work you exerted and excessively throwing away money for unnecessary things.

The Measurement of Success

Conor McGregor told Tony Robbins in an interview that Lebron James changed his mindset when it comes to spending his money

Conor McGregor, for instance, used to think that the measurement of true success was owning luxury watches, signature-brand clothing, top-of-the-line cars, and luscious vacations. Not until he realized he used to spend most of his hard-earned money on material things but never spent a single dime for his well-being.

Born on July 14, 1998, the Irish professional mixed martial artist and boxer, Conor Anthony McGregor, is one of the best fighters in the Ultimate Fighting Championship. As of the sixteenth of April, this year, he ranked number three in the official UFC lightweight rankings.

Lebron James' Spending Philosophy

Lebron James doesn't like to spend his money on material things

On his latest interview with Tony Robbins in TheMacLife.com website, he shared how his fellow athlete Lebron James influenced him in managing his fortune wisely. There is no doubt that Lebron is one of the wealthiest athletes in the world, and it amazed McGregor how he used to spend his money.

The Los Angeles Lakers’ power forward, Lebron James is one of the National Basketball Association’s living legends. Most people consider him the best basketball player in the world and the greatest player of all time. He has won three NBA championships, taken home four MVP Awards in NBA, three NBA Finals Most Valuable Player Awards, and two gold medals in the Olympics.

Lebron James may be cashing out $50 million every year, but instead of purchasing over-priced material things, his money goes to his physical therapists, masseuse, nutritionists, and all sort of self-care stuff. It is surely still a posh lifestyle, which we may consider a reward for working hard, but it is a smart play. After all, his physical body is his tool for making huge income.

Practicality Over Luxury

Conor McGregor recently decided to change his spending philosophy and become a more practical man

McGregor realized that he can still spoil himself in a more practical way. It feels nice to invest in tangible things as a trophy for each milestone every now and then, as long as you don’t waste all of your riches on the worldly pleasures.

The professional athlete said, his philosophy has changed after he reflected on his luxurious habit. As an athlete, you are responsible for your well-being, and the material investments have zero benefits in your physical being once you are in a fight. That’s what he reminds himself now before splashing away money on material things.

Nevertheless, with McGregor’s net worth of $110 million, he surely can afford both material lavishness and wellness care. What matters the most for him is being able to discipline himself in his way of spending despite the fact that he is super rich.