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

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

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

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The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door. This new edition, the first since 1998, includes a new foreword for the twenty-first century by Dr. Thomas J.

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Overview

The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door. This new edition, the first since 1998, includes a new foreword for the twenty-first century by Dr. Thomas J. Stanley.

Editorial Reviews

Rush Limbaugh
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!"
The Dispatch (Lexington
A fascinating examination of the affluent in American society.
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.
Chicago Tribune
The authors mine reams of data to show the surprisingly frugal traits millionaires have in common. "The main lesson provided is that high income does not equal wealth," said J.R. Rosskamp, managing director of Veritas Partners, Inc., a business consulting firm. Rosskamp calls "Millionaire Next Door" a "must read, and the earlier the better."
Forbes
The implication of The Millionaire Next Door...is that nearly anybody with a steady job can amass a tidy fortune.
Business Week
An interesting sociological work.
USA Today
A nerve has been hit....[For] people who want to become wealthy.
U.S. News and World Report
Debunks the image of the rich as high-living spendthrifts.
The Washington Post
[A] Remarkable book.
The Boston Globe
A primer for amassing wealth through frugality.
Cox News Service
These, for the wise, are tips for all of us....A very readable book.

Product Details

ISBN-13:
9781589795471
Publisher:
Taylor Trade Publishing
Publication date:
11/16/2010
Edition description:
Reissue
Pages:
272
Sales rank:
14,530
Product dimensions:
2.80(w) x 6.80(h) x 1.00(d)

Related Subjects

What People are saying about this

Rush Limbaugh
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!"
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.

Meet the Author

Thomas J. Stanley is an author, lecturer, and researcher who has studied the affluent since 1973. He lives in Atlanta, Georgia.

William D. Danko is associate professor of marketing in the School of Business, University at Albany, State University of New York.

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The Millionaire Next Door: Surprising Secrets of America's Wealthy 4.8 out of 5 based on 0 ratings. 4 reviews.
Kyle_Winterer More than 1 year ago
I really recommend this book. This book really does show the truth behind the wealthy in the country. Although like the book says it takes a lot of hard work and discipline to maintain and build a good amount of wealth. Although this book does talks about the taxes the point is made that in order to build wealth you need to really dedicate yourself into doing so and that falling into the pattern of buying status products will really make things harder on yourself. There is 1 thing that is not necessarily true and that is that this book kinda implies that u cannot have a nice car or have a large house in order to get wealthy. It does make a point that it would not be possible to build wealth well if you buy a car every 3 years but that doesn't mean 1 cannot buy 1 brand new car and keep it. Although this would not be possible with a wage that is at the poverty level. A person cannot be expected to be able to build wealth in such situation but the book does point to the fact that dedication and hardwork is needed.
Anonymous More than 1 year ago
I read this book and put in place what was suggested and became a Millionaire
Anonymous More than 1 year ago
bappanag More than 1 year ago
Globalization have make this Book incredible Internationally Popular... more LIVE store