Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


1 posted on 09/11/2020 6:58:58 PM PDT by tbw2
[ Post Reply | Private Reply | View Replies ]


To: tbw2

Book Review: ‘The Next Millionaire Next Door’
https://owlcation.com/humanities/Book-Review-The-Next-Millionaire-Next-Door


2 posted on 09/11/2020 6:59:17 PM PDT by tbw2
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tbw2

Yep.

“The key ingredients remain living below your means and saving and investing the difference. Fewer millionaires are small business owners, and more are 401K millionaires.”


4 posted on 09/11/2020 7:11:35 PM PDT by 2banana (Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tbw2
I imagine there are fewer millionaires among people owning and operating productive small businesses - due to increased government regulation.

But I imagine there are more millionaires among social media influencers. :)

6 posted on 09/11/2020 7:16:49 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tbw2

A million ain’t what it used to be. It takes 1.6-mil to buy what a mil bought in 1996.


7 posted on 09/11/2020 7:19:21 PM PDT by wny
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tbw2

I am just a regular guy. I was (and am) a developer, systems analyst, development manager, etc. for 40 years. Now I am at the end of my career having a great time as an independent contractor.

Hit $1M about 6 - 7 years ago. Without having read or heard Dave Ramsey we instinctively followed his teachings. Bought a $100K house when my income said I could afford 5 times that much. Still have my 2001 car and when we needed a new one paid cash for a 3 YO econobox that accomplished its objective: getting me to and from the client site.

We always keep appliances until they die. Had 8 YO TVs until last year.

Work hard, eschew debt except mortgage and double pay that (owned 2 houses, paid each off - the first one in 10 yrs, second in 5) and DO WITHOUT. Easy formula.

PS: We travel a lot to Mexico and the Bahamas and the like so it is not like we live in sack cloths!


20 posted on 09/11/2020 8:00:17 PM PDT by freedumb2003 ("Do not mistake activity for achievement." - John Wooden)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tbw2

BOOKMARK


27 posted on 09/12/2020 1:53:53 AM PDT by GOP Poet
[ Post Reply | Private Reply | To 1 | View Replies ]

To: tbw2

bmk


29 posted on 09/12/2020 4:41:09 AM PDT by gattaca ("Government's first duty is to protect the people, not run their lives." Ronald Reagan)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson