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The Millionaire next door
lalman
Posts: 279 Forumite
I have just read the above book - finished it last night... i highly recommend it and i would say alot makes sense in terms of how i believe you should live life.
Anyone else read it? or am i the last one to the party... haha
Anyone else read it? or am i the last one to the party... haha
My Goal: From 1st of Jan 2015 to 31st of December 2015 is to save 30000.
48.78% towards 2015 target.
105.3% towards 2014 target. :j
48.78% towards 2015 target.
105.3% towards 2014 target. :j
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Comments
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I have read it, very good, unfortunately at the moment I am not quite sticking to the ideas in it though!0
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I've read the bulk of it (picked up a cheap secondhand copy :money: ) and while it had valid points to make, I didn't manage to make it all the way through. Like so many texts of this nature, I felt like they were labouring the point.0
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I agree edinburgher - it did labour the point but still a must read in your 20's i think...
lokolo i am sure you do really well :-) all of us wish and hope to do better - its human natureMy Goal: From 1st of Jan 2015 to 31st of December 2015 is to save 30000.
48.78% towards 2015 target.
105.3% towards 2014 target. :j0 -
Not having read it I have to ask which point does it labour?
Being frugal?'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0 -
Can someone paraphrase the main points?I am the Cat who walks alone0
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I have not read it yet but now i must find the book and start
where can i find it? any online PDF??What happens if you push this button?0 -
fluffymuffy wrote: »Can someone paraphrase the main points?
It's been a few years since I read it, but basically its saying that if you end up splashing out on luxury items all the time, you're more likely to be working to the bone until your death. However, if you are sensible, even frugal, save for retirement, buy what you need, buy in bulk when you do etc. then you are more likely to be able to save and effectively become a millionaire, without ever needing that job in banking or that win in the lottery.
it is quite American though.0 -
So basically
LBYM0
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