Millionaire Next Door

The Surprising Secrets of America's Wealthy

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Thomas J. Stanley, William D. Danko: Millionaire Next Door (1998, HarperCollins Publishers Australia)

English language

Published Dec. 17, 1998 by HarperCollins Publishers Australia.

ISBN:
978-0-7322-6753-7
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4 stars (2 reviews)

Can you spot the millionaire next door? Who are the rich in this country? What do they do? Where do they shop? What do they drive? How do they invest? Where did their ancestors come from? How did they get rich? Can I ever become one of them? Get the answers in The Millionaire Next Door, the never-before-told story about wealth in America. You'll be surprised at what you find out. "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? The answer lies in The Millionaire Next Door: The Surprising Secrets of America's wealthy. According to authors Thomas J. Stanley and William D. Danko, most people have it all wrong about how you become wealthy in America. It is seldom inheritance or advanced degrees or even intelligence …

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Review of 'The Millionaire Next Door' on 'Goodreads'

3 stars

This book has been around for a few decades and is based on surveys of affluent Americans as to their habits and predilections. The field of financial self-help has increased since that time and adopted man of the same ideas hit hard here: work in an industry that has many customers, live below your means, do not be overly concerned with how you appear to your neighbors and friends, instill these same modest values in our children. Although there are plenty of numbers and rankings from their studies, it is clear that the authors have come to admire these unflashy traits of the deceptively affluent class, and particularly among entrepreneurs, regarding it as a vital engine to the prosperity of the nation. These days, there is considerable debate about the accumulation of wealth and the way governments work to promote the thin sliver of the population accounting for the majority …

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Subjects

  • Business and economics