The Millionaire Next Door

This is one of the best books in accumulating wealth. The book was published after a study in the late 90’s about the wealthy in America. The study found out some shocking revelations on who are the wealthy in America;

  • The wealthy live way below their means
  • They rarely have articles of social status like expensive cars, suits, watches, or jewelry
  • They are extremely frugal
  • Most do not live in upscale neighborhoods
  • Their net worth can support their lifestyle for ten years or more if they lost their current income
  • Most are self-made and accumulated their wealth in one generation

In sharp contrast the people that we believe are millionaires are actually not. The majority of people displaying high social status are merely living high because of a high income. Most cannot survive for 3 months if they lost their job.

Other Book Reviews

Checkout more book reviews here.

Liked this content? 

Share and Follow. 

0 0 votes
Article Rating

Victor Botto

Victor is a Passionate Business Leader who is dedicating his life to help others reach their Full Potential. Need more details? Please check the About section of the www.victorbotto.com website

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Pin It on Pinterest