Cover of the book The Millionaire Next Door

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The Millionaire Next Door

byThomas J. Stanley, William D. Danko

Genres: Nonfiction Economics Business Investment Strategies Behavioural Economics Financial Markets

Who is this book for? Readers interested in personal finance, wealth accumulation, and economic behavior.

Topics Rich habitsWealth accumulationFinancial independenceFrugal livingSuccess mindsetWealth building strategiesMoney managementSocioeconomic statusGenerational wealthLifestyle choicesWealthPersonal FinanceHard Work

MoodReflective

"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. 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.

Language

Published on

10/01/2016

Pages

272

Format

Board book

ISBN

9781630762506

Price Comparison

14.99 £

17.99 £

20.99 €

21.99 €

23.49 €

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