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Me and “The Millionaire Next Door”

By Chris Bailey of Financial Orbit | Sunday 14 August 2022


Even though I was born at the time of the Middle East oil crisis, the three-day week and the comedy of the Ted Heath leadership, I obviously do not remember it.  Thankfully the first thing I can remember is Mrs T as PM and the opportunistic new direction of the 1980s.  Back to today, there are a thousand-and-one worries out there you can find on the TV, via the internet and chatting with friends and family.  At many levels I am glad it is not the 1970s, but at least back then the average person was cracking on, rather than complaining about their financial situation (after making a bunch of discretionary expenditure over the last five or ten years). 

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