The popular image of a wealthy person in the U.S. Although this book was first published in 1996, the principles the authors identify for how to accumulate wealth and ultimately achieve financial independence are still applicable.
They assert that many more Americans could become millionaires by adopting the habits and traits common among them.įor decades, the authors studied and profiled America’s millionaires-the 3% of the population with a net worth of more than $1 million, who account for more than half the country’s personal wealth. Danko counter the myths and sketch a surprising portrait of the average millionaire, who could be living in your own neighborhood. In The Millionaire Next Door, authors Thomas J. They have a misleading image of millionaires and how they live. They don’t know how to define it or what it takes to become wealthy. Most Americans have many misconceptions about wealth. 1-Page Summary 1-Page Book Summary of The Millionaire Next Door
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