Thomas Stanley,William Danko

The Millionaire Next Door: The Surprising Secrets of America's Wealthy

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How do the rich get rich? An updated edition of the “remarkable” New York Times bestseller, based on two decades of research (The Washington Post).
Most of the truly wealthy in the United States don’t live in Beverly Hills or on Park Avenue. They live next door.
America’s wealthy seldom get that way through an inheritance or an advanced degree. They bargain-shop for used cars, raise children who don’t realize how rich their families are, and reject a lifestyle of flashy exhibitionism and competitive spending. In fact, the glamorous people many of us think of as “rich” are actually a tiny minority of America’s truly wealthy citizens—and behave quite differently than the majority.
At the time of its first publication, The Millionaire Next Door was a groundbreaking examination of America’s rich—exposing for the first time the seven common qualities that appear over and over among this exclusive demographic. This edition includes a new foreword by Dr. Thomas J. Stanley—updating the original content in the context of the financial crash and the twenty-first century.
“Their surprising results reveal fundamental qualities of this group that are diametrically opposed to today’s earn-and-consume culture.” —Library Journal
This book is currently unavailable
333 printed pages
Original publication
2010
Publication year
2010
Publisher
RosettaBooks
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Quotes

  • Juliya Sachhas quoted2 years ago
    allocating too many dollars to product and service categories that are not really important
  • Juliya Sachhas quoted2 years ago
    there are worse things, such as never being able to retire and never being financially independent
  • Juliya Sachhas quoted2 years ago
    These people invest a minimum of 15 percent of their annual realized income before they pay the sellers of their food, clothes, homes, credit, and the like.

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