Internet millionaire next door full#

I love America, and have chosen to build my life here. WeвЂ™re told we should buy things to be happy, to feel better about ourselves, when in fact buying them usually leads to no more than a temporary rush, which ends with a disappointment and with the urge to buy even more. Here in the US, weвЂ™re facing incredibly strong pressures to spend and consume, from powerful companies and industries with huge advertising budgets. Perhaps you will be temporarily soothed by the act of buying and consuming, but you will never be truly free.

You will not be able to accumulate wealth, because you will spend too much. Unless you were born into money, and assuming you belong to the middle class or the upper middle class, consumerism will keep you in whatever class you were born into, forever. Beware of ConsumerismД¬onsumerism stands in sharp contrast to financial freedom, because it enslaves you.

Internet millionaire next door full#

It means being free to pursue your true passions, to give to the causes you care about, and to be in full control of this very short life youвЂ™ve got. I believe that вЂњrichвЂќ means вЂњfreeвЂќ вЂ“ free from financial worries, free from the need to work full time whether you want to or not, free from being forced to report to a nasty boss. The book helped me form and fine-tune my now strong conviction that вЂњrichвЂќ does not mean, вЂњsurrounded by luxury,вЂќ because luxury can be financed with debt, and anything you finance with debt is not truly yours. If I had to pick just one sentence from the book to sum it up, it would be this sentence: вЂњThose who successfully build wealth believe that financial independence is more important than displaying high social status.вЂќ When I had first read the book, I really liked the basic premise, which contrasted a вЂњwealthy lifestyleвЂќ with being truly wealthy. At the time, I had felt that I needed to reinforce my basic belief system about handling money, the value of money, and what it means to be вЂњwealthy.вЂќ Now, after the Great Recession and with a still-shaky economy and a high unemployment rate, the book is as relevant as ever вЂ“ if not more so. I read the book вЂњ The Millionaire Next DoorвЂќ ten years ago, in 2001, shortly after the painful dot-com bust.