The Millionaire Next Door

THE MILLIONAIRE NEXT DOOR: The Surprising Secrets Of America’s Wealthy

By Thomas Stanley And William Danko

Based on 20 years of research, this book presents the surprising discovery of how ordinary Americans became millionaires in 1 generation, how they truly built their wealth, and how they live. Learn how you can apply these insights to accumulate your own wealth, and retain the wealth through generations!

In this summary, you’ll learn:
• What “wealth” really means, how to calculate net worth and where you stand relative to your peers; and
• The 7 surprising Denominators of Wealthy People, and how you can apply it to build and retain your wealth.

Who should read this:
• Financial advisors and planners, and people who wish to learn about personal finance.
• Anyone who wants to build sound financial habits and accumulate wealth.

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2 reviews for The Millionaire Next Door

  1. Stacy

    There is a difference between those who grow wealthy and those with high incomes. That’s not to say that wealthy people can’t have high incomes. But many people with high incomes end up consuming much of their money by trying to keep up with the Joneses. Meanwhile, frugal behavior and entrepreneurship have been found to contribute to wealth accumulation. [Review from Goodreads]

  2. Nick Woodall

    A wonderful book to read, especially to understand what a millionaire really looks like and how they live. You will surprised! [Review from Goodreads]

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