The Millionaire Next Door

This book does a great job of driving home the inverse relationship between spending and saving. Hyper-consumerism does not align with the practice of most millionaires, though media tells us otherwise. A little over halfway through the book I decided to put it down as I thought it was getting quite repetitive. However, the message is strong and clear — take care of your money!

Easy to read, helps you understand investing budgeting, and accumulating wealth! Gives realistic examples and scenarios. Definitely recommend

This is such an inspiring read because it shows almost anyone can become a millionaire if you live below your means and invest well. I love that the majority of millionaires are people you'd never suspect because they don't live flashy lives in big houses with high-status toys abounding. If you make $200,000 a year, but spend $220,000, you're in trouble. But if you make $50,000 a year and live on $35,000, investing the rest, over time you're going to be in great shape.

I grew up in a super-affluent suburb. My friends' lived in big houses and mansions with luxury cars and country club memberships. We lived in one of the smallest houses in the suburb. My mom was so frugal. I thought it was such a drag!! But when she died (too young), she'd saved enough so that my dad, who lived another 30-some years, was comfortable in retirement. I wonder now if any of my high school friends' parents were actually living on the edge in trying to keep up with the Joneses.

Years ago, I used to charge like crazy. Now I save like crazy, just like my mom.