Synopses & Reviews
Why aren't I as wealthy as I should be? Many people ask this question of themselves all the time. Often they are hard-working, well educated middle- to high-income people. Why, then, are so few affluent. For nearly two decades the answer has been found in the bestselling The Millionaire Next Door: The Surprising Secrets of America's Wealthy, reissued with a new foreword for the twenty-first century by Dr. Thomas J. Stanley. According to the authors, most people have it all wrong about how you become wealthy in America. Wealth in America is more often the result of hard work, diligent savings, and living below your means than it is about inheritance, advance degrees, and even intelligence. The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. You will learn, for example, that millionaires bargain shop for used cars, pay a tiny fraction of their wealth in income tax, raise children who are often unaware of their family's wealth until they are adults, and, above all, reject the big-spending lifestyles most of us associate with rich people. In fact, you will learn that the flashy millionaires glamorized in the media represent only a tiny minority of America's rich. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door.
The Millionaire Next Door: The Surprising Truth about America's Wealthy exposes for the first time how ordinary Americans get and stay rich — with our inheritance, advanced degrees, or lottery jackpots. Readers learn the seven common denominators that show up again and again among people who have built their personal fortunes from scratch.
A New York Times bestseller for eighty-nine weeks. Learn the seven common denominators that show up again and again among people who have built their personal fortunes from scratch — then put these lessons to work for you!
In this phenomenal #1 bestseller, Stanley and Danko reveal surprising secrets about America's millionaires — and provide a valuable blueprint for improving anyone's financial health.
Table of Contents
Ch. 1 — Meet the millionaire next door
Ch. 2 — Frugal, frugal, frugal
Ch. 3 — Time, energy, and money
Ch. 4 — You aren't what you drive
Ch. 5 — Economic outpatient care
Ch. 6 — Affirmative action, family style
Ch. 7 — Find your niche
Ch. 8 — Jobs: millionaires versus heirs