A Personal Finance Blog for Malaysian: Book: The Millionaire Next Door

Monday, July 25, 2011

Book: The Millionaire Next Door

The keys of Self-made Millionaire

- Frugal
- Frugal
- Frugal



High income ≠ High net-worth

General characteristic of self-made millionaire (not necessary a high-income earner)
- work hard
- frugal lifestyle
- invest in asset (that generate income and appreciate in value)
- budget and follow it to control spending.

2 comments:

  1. The "Millionaire Next Door" is a very enlightening book. When I read a few years ago, I was surprised at how many drove old pickup trucks and really lived "under the radar."

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