Book HackThe Millionaire Next DoorBy Thomas J. Stanley
In a Nutshell
The Millionaire Next Door shows you the simple saving habits to improve your financial skills and avoid common mistakes.
Favorite Quote
Whatever your income, always live below your means.
Thomas J. Stanley
Introduction
The Millionaire Next Door, which turned Thomas J. Stanley into a millionaire, was published in 1996 and has sold over 3 million copies to date.
Stanley was interested in studying the wealthy, whom he called 'the affluent', and what discerns them from those he calls UAWs – under accumulators of wealth.
As it turns out, becoming a millionaire is not rocket science - it's a matter of planning.
If you live below your means and learn the rules of the money game, you can master it and come out on top.
Are you ready to make a change?
Here are the 3 key insights from this Hack
- 1.Start saving when you earn more than the bare minimum
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