Next Millionaire Next Door - Enduring Strategies for Building Wealth

Is the millionaire next door still out there today? The latest research from Dr. Thomas J. Stanley and his daughter, Dr. Sarah Stanley Fallaw, confirms that, yes, the millionaire next door is alive and well. And he’s achieving his financial objectives much the same way he always has: by living below his means, being a contrarian in a maelstrom of hyper-consumption, and being disciplined in reaching his financial goals.

The book examines wealth in America 20 years after Dr. Stanley’s groundbreaking workon self-made affluence. While a new generation of household financial managers are being inundated with the proliferation financial advice, The Next Millionaire Next Door provides readers with an analysis of what it takes to achieve wealth with data-based conclusions and evidence from those who have built wealth on their own over the last two decades. In this current work, the authors detail how specific decisions, behaviors, and characteristics align with the discipline of wealth building, covering areas such as consumption, budgeting, careers, investing, and financial management in general. Through case studies, survey research, and a careful examination of quantitative studies of wealth, the authors illustrate what it takes to achieve financial success today, regardless of market conditions or rising costs.

About the author

By Thomas J. Stanley Ph.D. and Sarah Stanley Fallaw Ph.D

Product details

• Authors: Sarah Stanley Fallaw, Sarah Stanley Ph. D Fallaw, Sarah Stanley Fallaw Ph.D, Thomas J Stanley, Thomas J. Stanley, Thomas J. Ph. D. Stanley, Stanley Thomas J.
• Publisher: Lyons Press
• Languages: English
• Product format: Paperback / Softback
• Released: 31.12.2019
• EAN: 9781493052752
• ISBN: 978-1-4930-5275-2
• No. of pages: 272
• Dimensions: 155 mm x 230 mm x 20 mm
• Series: Lyons Press
• Subjects: Social sciences, law, business > Business > Business administration; BUSINESS & ECONOMICS / Budgeting, Budgeting & financial management, Budgeting and financial management