Becoming wealthy and staying that way takes a certain level of discipline. Sure, an occasional splurge won't put you in the poor house, but frequent frivolous spending can quickly erode your net worth. The frugal habits necessary to achieve financial success and maintain it can be surprisingly simple. Read on to meet 14 business leaders and celebrities, including renowned investor Warren Buffett and retired race car driver Danica Patrick, whose penny-pinching choices -- from clipping coupons to clipping their own hair -- have helped them build and maintain their fortunes.

As Knight Kiplinger observed in The Invisible Rich, "the biggest barrier to becoming rich is living like you're rich before you are." Learn more about the cost-cutting moves that help make these successful millionaires and billionaires who they are.

Danica Patrick

Age: 37

Estimated net worth: $60 million

How she struck it rich: Race car driver

Frugal habit: Makes her own meals while traveling

The recently retired driver, who ended her 14-year career after crashing at the Indianapolis 500 in 2018, keeps costs in check even when she's on the road by cooking for herself and told us it's the most frugal thing she does. "I love to cook. While it can sometimes be hard to have all the right ingredients when I'm on the road, I love stopping by local farmers markets and cooking as often as I can. The food I make is much healthier than always eating out at restaurants, plus it's a great way to save money," Patrick says.

She's right. Preparing your own meals can help you build up your savings over time. For example, if you spend $8 buying