“The Millionaire Next Door: The Surprising Secrets of America’s Wealthy” by Thomas J. Stanley and William D. Danko

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It’s evident that extensive research has gone into the making of this masterpiece. Thomas J. Stanley studied wealthy individuals for decades before he co-authored this book along with William D. Danko. There are quite a few ‘get rich’ books on the market. This one is undoubtedly special.

The good news is that anyone with a decent job can accumulate a fortune over time. The bad news is that high income does not automatically translate into great wealth. What do the wealthy folks in America have in common? Have they merely inherited a fortune? Not so, say the authors. One thing they all have in common is frugality. We all know of Warren Buffet, but hey, there are dozens of others! And the rich are not who we think they are.

The authors state that affluent persons tend to answer ‘yes’ to three questions they were asked in routine surveys:

  1. Were…

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