The Millionaire Next Door has 8 main chapters… Most of the truly wealthy in this country don’t live in Beverly Hills or on Park Avenue - they live next door.” 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. The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Wealth in America is more often the result of hard work, diligent savings, and living below your means than it is about inheritance, advanced degrees, or even intelligence. Stanley.Īccording to the authors, most people have it all wrong about how you become wealthy in America. Why, then, are so few affluent? For nearly two decades the answer has been found in the best-selling The Millionaire Next Door: The Surprising Secrets of America’s Wealthy, reissued with a new preface for the twenty-first century by Dr. Often they are hard-working, well-educated, middle- to high-income people. “‘Why aren’t I as wealthy as I should be?’ Many people ask this question of themselves. This The Millionaire Next Door publisher’s blurb comes from the Taylor Trade paperback edition of the book… For now, you'll find enough meta-data here to help you decide if it's worth reading the book. Note: This The Millionaire Next Door summary is a stub.
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