Review The Millionaire Next Door: The Surprising Secrets of America’s Wealthy
by THOMAS J. STANLEY & WILLIAM D. DANKO
Authored by some of the world’s leading wealth experts, “The Millionaire Next Door” reveals how making millions is not as hard as it is made out to be. In this book, light unleashes the secret to personal finance and wealth management with a much-needed update in the foreword to be further in relevance with the times. “The Millionaire Next Door” sheds light on a list of several key traits and factors that have often been associated with America’s millionaires. One of the fascinating and key aspects of this book is how it does not take examples from the glamorous, wealthy people often portrayed in the media, instead, they show that most of the wealthy in America do not live in porcelain mansion on the side of the hill, rather, they are normal people living normal lives, living in an apartment that could very well be your next-door neighbor.
About the Authors
Thomas J. Stanley was an author, lecturer, and researcher who started studying the affluent in 1973. He died in 2015.
William D. Danko is professor emeritus at the School of Business, the State University of New York at Albany.
Table of Contents
- Meet the Millionaire Next Door
- Frugal Frugal Frugal
- Time, Energy, and Money
- You Aren’t What you Drive
- Economic Outpatient Care
- Affirmative Action, Family Style
- Find Your Niche
- Jobs: Millionaires versus Heirs
- Appendix 1
- Appendix 2
- Appendix 3