The financial world we live in is just as wild, if not more, than the mountains and woods we walk through. We are told that the fundamentals of our economy are strong, but we can feel that something is wrong. My unique financial background and survival passion make Financial Survivalist and excellent place to learn and share.

Friday, April 6, 2012

Non-Fiction Friday: The Millionaire Next Door

Non-Fiction Friday
The Millionaire Next Door


There may just be a Millionaire Next Door. This book is about how not every millionaire drives a BMW or Jag. With chapter tittles like "Frugal Frugal Frugal," and "You Aren't What You Drive," you know this isn't your average "get rich quick" book.

The first time I read this book my favorite part was how the first people to buy the toys are the last ones to get rich. Now my favorite part is the chapter "You Aren't What You Drive." I drive a 1990 Ford Festiva. I paid $500 for it. I've put almost 20,000 miles on it in the last year. I've taken it on a road trips and it gets 40mpg freeway. It's not that I can't afford more. In fact, Dave Ramsey would say I can. It's that I don't want to spend the money on a second car.

Most people get "rich" by trying to increase their income. Most people forget that decreasing your expenses is also an option. Like I mentioned in Cheapskate Next Door, the idea is not about decreasing your lifestyle. It's about being happy with a simpler lifestyle. Millionaire Next Door helps you realize that when it's not all about the money (spending it any way), money is all about you.

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