The Next Millionaire Next Door: Enduring Strategies for Building Wealth

Thomas J. Stanley · Sarah Stanley Fallaw

Dec 2018 · Rowman & Littlefield · Narrated by Stephen Wojtas

About this audiobook

The book examines wealth in America 20 years after Dr. Stanley’s groundbreaking work on 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.

Ratings and reviews

Although the basis of most financial related books may be similar, this book is packed with information and statistics that should help with the idea that becoming the millionair next door is well with in the reach of almost any person who is willing to put in the work, physically and mentally. Would absolutely recommend.

AAA

About the author

Thomas J. Stanley was born in 1944 in the Bronx, New York City. He went to college in Connecticut, did graduate work at the University of Tennessee, and received a doctorate at the University of Georgia. He was a marketing professor at Georgia State University, a public speaker, a consultant on selling to the rich, and an author. He wrote books on the habits of millionaires including The Millionaire Next Door and The Millionaire Mind. He died in a car accident on February 28, 2015 at the age of 71.