![]() Wealth is what you accumulate, not what you spend.”īefore writing the book, the authors completed personal and focus group interviews with more than five hundred millionaires and surveyed more than eleven thousand high net-worth and/or high-income respondents. If you make a good income each year and spend it all, you are not getting wealthier. One of my favorite lines and the primary thesis of the book is, “Wealth is not the same as income. The book was a graduation gift to me from my sister-in-law, and I couldn’t think of a better book to give your kids or recent college graduates. ![]() Besides my parents, it has had the biggest impact on my view of money and how to build wealth. I thought it was an appropriate time to remind readers of the key messages of the book.įrom a personal perspective, the book is an all-time favorite for me. Stanley, recently passed away in a car accident. Unfortunately, one of the authors, Thomas J. Danko twenty years ago proves these beliefs wrong. Are people with a big house or fancy car wealthy? Many would say yes, but the best-selling book, The Millionaire Next Door, written by Thomas J. ![]()
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