The Millionaire Next Door

By: Thomas J. Stanley & William D. Danko   

Pages: 273

Investments, Non Fiction

My recommendation: 8 / 10

Date read: 3rd May'18

Brief review: In this well researched book,  the secrets of millionaires are revealed. How are they made and why a good earning may not necessarily make you a millionaire. Mostly, it's the concept of savings and investments which is responsible for becoming a millionaire. We have to choose between living a flashy lifestyle versus achieving financial independence. Most millionaires restrain from buying expensive cars, high label clothes and other lifestyle goods just for status symbol. They mostly live a frugal but a life of choice. Since the book is based on American culture, a few chapters could be skipped. While a few concepts are overstretched, still it makes a good reading for those looking to achieve financial independence.