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

Stanley Ph.D., Thomas J.; Danko Ph.D, William D.

Hardcover

ISBN 10: 1563523302 ISBN 13: 9781563523304

Publisher: Longstreet Press, 1996

Synopsis

"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. For nearly two decades the answer has been found in the bestselling The Millionaire Next Door: The Surprising Secrets of America's Wealthy, reissued with a new foreword for the twenty-first century by Dr. Thomas J. Stanley. According to the authors, most people have it all wrong about how you become wealthy in America. Wealth in America is more often the result of hard work, diligent savings, and living below your means than it is about inheritance, advance degrees, and even intelligence. The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. 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. In fact, you will learn that the flashy millionaires glamorized in the media represent only a tiny minority of America's rich. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door.

About this title

Review:

I love the book, "The Millionaire Next Door". It talks about how it is a myth that most millionaires in America have inherited their money. The fact is, we have created such a great country over 250 years. We have actually found the way for poor people to go from nothing to huge wealth and to create a life-changing opportunity for their children and grandchildren. We celebrate it, write movies about it, and our libraries are full of books about it. There is nothing wrong with that.--Bernie Sanders

I love the book, The Millionaire Next Door. It talks about how it is a myth that most millionaires in America have inherited their money. The fact is, we have created such a great country over 250 years. We have actually found the way for poor people to go from nothing to huge wealth and to create a life-changing opportunity for their children and grandchildren. We celebrate it, write movies about it, and our libraries are full of books about it. There is nothing wrong with that.--Bernie Sanders

The kind of information that could lift the economic prospects of individuals more than any government policy...The Millionaire Next Door has a theme that I think rings very true..."Hey, I can do it. You can do it too!"--Rush Limbaugh

From the Author:

Starting a second month as a New York Times Best-Seller!
We wish to thank all of our patrons for the success the book has achieved! As of 3/2/97, it will have been on the New York Times' Best-Sellers list for six consecutive weeks. Currently, it is also #6 on Business Week's Best-Sellers list. THE AMERICAN DREAM LIVES!!!

About this edition

• Publisher: Longstreet Press
• Publication date: 1996
• ISBN 10: 1563523302
• ISBN 13: 9781563523304
• Binding: Hardcover
• Number of pages: 272