Their main focus is trying to “ keep up with the Joneses” with luxury houses and expensive cars leaving them with little to no savings. This is the exact OPPOSITE of how most doctors and other high-income earners live. Financial independence is more important than displaying high social status.Some of the characteristics he found from these “ everyday millionaires” included: Not just the seemingly affluent, but those households who actually had a high net worth of $1 million or more. Who would have thought surveying a bunch of everyday people that turned into millionaires would become so popular?Īt that time, very few books had accomplished the kind of research on the affluent that Stanley performed. Like me, she read her dad’s book while attending college, but had no idea the importance of his work and what was going to happen with the book. She’s the president of DataPoints which helps advisers understand their client’s money mindset and published a follow-up to her father’s book titled, The Next Millionaire Next Door. Sarah also knows a thing or two about the average millionaire as she’s surveyed over 4,000 of them. He was the author of one of my favorite books, the Millionaire Next Door, which was the best selling personal finance book that yours truly read some 25 years ago. Sarah Stanley Fallaw, but you’ve probably heard of her dad, Dr.
0 kommentar(er)
