Book Review - The Millionaire Next Door

An Oldie, But Still Relevant - The Millionaire Next Door

This was one of the very first personal finance books I read when I started my financial journey at 19—and I still recommend it today, especially if you're just getting started.

Basic Advice, Clearly Explained

The book is essentially a collection of anecdotes that illustrate simple, tried-and-true personal finance habits. And I mean simple in the best way. Most of the millionaires in the book are regular people who took the slow and steady path to wealth. Nothing flashy. They blend in with the crowd—boring, maybe, but quietly successful.

The advice is very basic, presented in a way that’s easy to understand even if you have zero background in business or economics. Think along the lines of:

  • Live well below your means
  • Avoid lifestyle creep
  • Drive your car into the ground
  • Don’t buy things to impress others
  • Skip the trends
  • Invest in quality over quantity

You get the idea - timeless stuff that works.

Still Holds Up?

Some of the stories feel a bit dated, sure. But the core messages? Still 100% relevant. In fact, with today’s nonstop social media pressure, the reminder not to impress other people feels more important than ever.

Final Thoughts

This book won’t blow your mind with secret millionaire hacks. That’s not the point. What it will do is help you stay grounded, avoid lifestyle inflation, and show that slow and steady really does win the race.