Just Keep Buying Book Summary: Build Your Wealth

Just Keep Buying by Nick Maggiulli

Nick Maggiulli the author of Just Keep Buying talks about Saving and Investing, he will give you a clear idea of why everyone should invest their money and why one should not keep everything in one bucket, by the end of this book, the author will convince you for investment and he will also give a reason behind it.

So today let me share with you some of the lessons which I have learned from the book and why you should or shouldn’t read this book.

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Just Keep Buying Book Summary

The book talks about the same proven ways to create wealth, I didn’t find anything new because I have already read lots of books on finance like Rich Dad and Poor Dad, The Psychology of Money, and many more, so for me, this book didn’t give me anything new which I was hoping for.

Now, if you’re that person who hasn’t read many finance books then I would highly recommend you to read Rich Dad and Poor Dad and skip the Just Keep Buying by Nick Maggiulli.

Related: Must-Read Books

Still, if you feel you have time and wanted to read something then give it try, the book will refresh your mind.

By the way, the book is divided into the two-part, Saving and Investing…

How Much Should You Save?Why Should You Invest?
How to Save MoreWhat Should You Invest In?
How to Spend Money Guilt-FreeWhy You Shouldn’t Buy Individual Stocks
How Much Lifestyle Creep is Okay?How Soon Should You Invest?
Should You Ever Go into Debt?Why You Shouldn’t Wait to Buy the Dip
Should You Rent or Should You Buy?Why Investing Depends on Luck
How to Save for a Down Payment
(and Other Big Purchases)
Why You Shouldn’t Fear Volatility
When Can You Retire?How to Buy During a Crisis
When Should You Sell?
Where Should You Invest?
Why You Will Never Feel Rich
The Most Important Asset

These are the chapters of the book and I hope you get some idea about the book.

Now, of course, I can’t share everything from start to bottom but I promise you that after reading this article, you will get the idea about this book.


I’m from India and No one from my family or friends taught me how to invest or where to invest, whatever I have learned is all because of the books. Now, when someone tells you to invest in the stock market and forget about that investment for the next five to ten years is not going to be easy.

My fear was that what if that or this company goes down, what will happen to my money?

Now, if you’re just learning about investment then you might have this kind of question but let me tell you one thing,

Don’t ever invest in something because someone is telling you, no matter what it is, first, do your research and then, invest some amount of money.

Let me give you want an example,

Let’s say, you’re earning Rs 20000 every month, (it could be more too…)

Out of Rs 20000, your needs might be Rs 10000,

Now, You have Rs 10000 left, also, if you wanted to buy something for a long time then make that purchase but don’t spend all the money.

I’m assuming that you have spent Rs 2000 on something, now you will have Rs 8000 left. Out of that Rs 8000, invest Rs 4000 where you feel comfortable, it could be Stock Market, Crypto, Mutual Funds, or anywhere else but if you ask me, I would recommend you to invest in the stock market. (not financial advice)

Now that you have invested Rs 4000, you will have Rs 3000 left, put that money in a bank account and use it whenever you have an emergency and when that emergency fund gets bigger, take out that money and invest it somewhere.

By the way, if you feel, you can increase your investment from Rs 4000 to Rs 6000 or more, depending on your needs and wants.

Cutting Expenses

You don’t have to cut your expenses for investment or to do anything else, we’re living in 2022, and there are tons of ways to earn money whether it would be from websites, YouTube, selling something online, or anything else.

We have tons of options to choose from.

So figure out what you want to do and start that something on the side, do your job too, and take out 2 or 3 hours for a side gig.

You might not earn today or tomorrow but the day after that, you will thank yourself because you started a website or did something in the background rather than watching movies for 2 hours.

When You Should Invest in Stock Market

If you’re reading this in 2022 and if you have invested in the stock market then congratulations, you have or will make money. Whether it’s the stock market or crypto market, we’re in a bear market, everything is down by 50% or 70%.

Still, if you haven’t started investing then what are you waiting for? (again, not financial advice)

Everything knows that buy low and sell high and this might not be low but it is a good time to invest because no one knows what will happen tomorrow, the stock market starts to recover or it might go down further.

So do the thing that is boring which is SIP, invest a small amount whenever the market goes down, and don’t go all in.

Should You Ever Go into Debt

It depends on what you’re debt, if you buying iPhone worth 1 lakh and you’re takaing loan or buying on EMI then its very bad debt but if you’re taking the loan for your new business then good debt.

Yes, it’s that simple, you just have to control your mind when you’re buying something with someone else’s money, yes, I’m talking about loans.

Just Keep Buying Book Review

Whatever I have mentioned here, you will read the same in the book with some examples and with a simple explanation, I have also given the simple explanation but I haven’t added more than one example because this is a book summary and not the book itself.

So should you read the Just Keep Buying Book? the answer is No.

Nick Maggiulli didn’t share anything new in his book, it’s the same formula of investing and saving that I have written here.

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