Publication year 1996
Genre Book, Nonfiction
Themes Social Class, Community, Economics
Tags Business & Economics, Finance
In The Millionaire Next Door: The Surprising Secrets of America’s Wealthy (1996) researchers Thomas J. Stanley and William D. Danko present their findings about the habits, lifestyles, and financial behaviors of American millionaires. While most picture millionaires as the nation’s highest earners and most conspicuous spenders, Stanley and Danko argue that most of them accumulate wealth through hard work, frugality, disciplined saving, and long-term investing. The Millionaire Next Door outlines the seven factors that Danko... Read The Millionaire Next Door Summary