Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door.

In fact, you will learn that the flashy millionaires glamorized in the media represent only a tiny minority of America's rich. You will learn, for example, that millionaires bargain shop for used cars, pay a tiny fraction of their wealth in income tax, raise children who are often unaware of their family's wealth until they are adults, and, above all, reject the big-spending lifestyles most of us associate with rich people. I donРІР‚в„ўt think this was because the late РІР‚В90s was a time receptive to an anti-materialism, anti-status, anti-rich message. Central to the Millionaire Next Door is the following classifications: Under accumulators of wealth (UAW) You are worth only 1/2 of the suggested net worth. Millionaire Next Door sold about three million copies and spent three years on the New York Times bestseller list. The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Example 2) 26 years old pharmacist, the average salary is 126,000. Wealth in America is more often the result of hard work, diligent savings, and living below your means than it is about inheritance, advance degrees, and even intelligence. According to the authors, most people have it all wrong about how you become wealthy in America. For nearly two decades the answer has been found in the bestselling The Millionaire Next Door: The Surprising Secrets of America's Wealthy, reissued with a new foreword for the twenty-first century.

Often they are hard-working, well educated middle- to high-income people. 'Why aren't I as wealthy as I should be?' Many people ask this question of themselves all the time. The millionaire next door : the surprising secrets of Americas wealthy / Thomas J.

A millionaire next door