The Millionaire Next Door
The Surprising Secrets Of Americas Wealthy

I learned that there are seven characteristics or common denominators among millionaires in America. They are: 1.They live well below their means - They are frugal,frugal, frugal. They make more than they can spend. Pretty cool. 2.They allocate their time, energy, and money efficiently, in ways cond......more

This was a great audio and text book (yes, I got both versions) - I especially enjoyed the chapter that had "Working for the Tax Man" and "The Martin Method." 95% of the millionaires own stocks - most have 20% or more of their wealth in publicly traded stocks. Build a good money team: accountant, att......more

I read this book in 2020. The Millionaire Next Door teaches us that becoming wealthy isn't about living a fancy lifestyle. Instead, it's about being smart with money, living below your means, and saving consistently. The book shows that most wealthy people are not big spenders. They focus on things like......more

According to this book, there are two kinds of people: under-accumulators of wealth (UAWs), who spend everything they earn as soon as they get it (to say nothing of credit cards); and prodigious accumulators of wealth (PAWs), people who live frugally, save, invest, and end up becoming millionaires.......more

Rating: ⭐⭐⭐ ½ Genre: Nonfiction The Millionaire Next Door is a personal finance book written by Thomas J. Stanley and William D. Danko. The book examines the traits and routines of wealthy people and makes the case that wealth is more likely the outcome of prudent spending and saving habits than high......more