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.
Posted by at
Labels:

2 comments:

  1. ChampDogJuly 25, 2011 at 6:52 PM

    Nice one, Chong! :)

    ReplyDelete
  2. Orange County rentalsOctober 2, 2011 at 9:52 AM

    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."

    ReplyDelete

Subscribe to: Post Comments (Atom)