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a4isms 2 hours ago

A very long time ago, I found myself commuting to work alongside a centi-millionaire who happened to only own one car, a Volvo 740 Estate. His wife drove him to the commuter train station, and he shlepped to work like everyone else.

I was reading a book about paying yourself first, "The Richest Man in Babylon." He spotted that and we had a short conversation about money, in which he recommended another book about personal finance, "The Millionaire Next Door," an enormous amount of which is about not buying into the Upper-Middle Class Trap.

I walked directly to a bookstore, bought it, and while I am not wealthy, what I do have I credit largely to that book. Yes, it's a book that could be a podcast episode or series of blog posts. But no matter how you consume the wisdom or where you get it from, consider this my heartfelt endorsement.

And yes, The Volvo V90 Estate in my garage was purchased used. And even then... We vacillated over spending that much to replace our XC70 Estate, also purchased used.

https://en.wikipedia.org/wiki/The_Millionaire_Next_Door