A 25-year-old South Korean woman has been getting a lot of attention because of her commitment to saving money on a regular salary by spending as little as possible.

We first featured Ji-Hyeon Kwak a couple of years ago when she first made news headlines in her home country of South Korea after making an appearance on the popular SBS’ Master of Living television program. At the time, she had become the youngest person in South Korea to win an apartment subscription, quite a feat considering that the odds are usually stacked against young people, because of how the system works. People are encouraged to save money in a subscription savings account in order to boost their chances, and most 24-year-olds don’t have significant savings. But Ji-Hyeon Kwak isn’t your average youth. She had managed to save a whopping 100 million won ($75,000) in four years, on an average salary of 2.2 million per month, but she was only getting started.

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An 80-year-old German man has been dubbed the world’s most frugal millionaire for living off food and stuff found in dumpsters despite owning several properties worth millions of euros.

Heinz B. looks like a homeless person with nothing to his name, but appearances can be deceiving. The German man may only have €15 euros ($16) in his bank account at the moment, but that’s only because he just withdrew 700,000 euros ($756,000) to buy a new home, his tenth. The 100,000 euros left over was transferred to a fixed-term deposit to generate interest. He might not look like much, but the octogenarian is worth several millions of dollars and knows how to increase his fortune. Besides, he claims to have been frugal his whole life, so he doesn’t really need money to get by. He is more than happy living on food found in dumpsters and hoarding all sorts of things other people throw away.

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A Chinese woman has sparked controversy online with her extremely frugal lifestyle, which involves spending as little money as possible, even if it means giving up on some of life’s small pleasures.

Consumerism may be at an all-time high in the developed world right now, but the minimalist lifestyle trend is also becoming increasingly popular. In China, hundreds of thousands of people share “money-saving tips” on private social media groups, with some members standing out through their frugal lifestyles. One such individual is Wang Shenai, a 32-year-old woman from Nanjing and member of a 400,000-strong online group called Frugal Women’s Federation. She has achieved celebrity status among her peers for her extreme money-saving techniques, but also sparked controversy among the general public, after a recent interview she gave went viral.

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Setting the standards for extreme frugality in finances is 30-year-old Sean Cooper. Despite not having a glamorous job, he managed to save enough money to pay off a whopping $225,000 mortgage in only three years!

Cooper purchased a $425,000 house in Toronto, Canada, in 2012 and since then, created a strict pauper-like regime for himself. He started by getting himself two additional jobs to supplement his income as a pension analyst, working a total of 100 hours a week. He wrote financial articles in his free time, and also took a $13-an-hour job at the meat section of a supermarket, even though he’s a vegetarian. “It wasn’t the most glamorous job, but it helped me pay off my mortgage, so I can’t complain,” he said.

“For a lot of people, their mortgage is like a life sentence. I just wanted to not have a mortgage hanging over my head for the next 30 years.”

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29-year-old Rafael Fellmer and his family lead a very frugal lifestyle, one that requires them to spend almost no money at all. They get their food from organic supermarket dumpsters, “pay” their rent by doing all kinds of chores around the house and use a barter system to get the things they need. They only use money when they absolutely don’t have any other choice.

Rafael Fellmer was born in a good German family. His father is a successful architect and his mother an art therapist. He himself graduated in European Studies, in Hague, so there’s no question he could have gotten a good job, if he so wanted. But a few years back, Rafael realized there were things in this world much more important than money. He started gradually reducing his expenditures by doing things that didn’t require him paying anything. The economic crisis, the global food and water shortage, climate change, they all inspired him to live a frugal lifestyle, and made him realize that giving up money is a sure way to a more stable world order. Although there are those who consider him a “deadbeat” for not getting a proper job and providing for his family from supermarket dumpsters, Rafael Fellmer commands a lot of respect from those who share his views, and he is considered the leader of the life-without-money movement that is gaining a lot of popularity in Germany.

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