With an estimated net worth of $88 billion, the British royal family is one of the wealthiest monarchies in Europe. However, just because money is no object for them doesn't mean they're frivolous spenders. They're quite the opposite. It has been well-documented that Queen Elizabeth II keeps a close eye on her spending, and frugality is a trait that has passed down to other members of her family.

Take a look at several of the most widely reported penny-pinching habits of the various members of the British royal family. In many ways, they're just like the rest of us.

Prince William and Kate Middleton Shop at IKEA

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Prince William and his wife, the Duchess of Cambridge Kate Middleton, who are parents of three small children, could easily have custom furniture made for their little ones' rooms. Instead, they like to shop at Swedish home furnishings retailer IKEA, which is known for its affordable prices. During a visit to.