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Mindset
The Millionaire Next Door
by Thomas J. Stanley
The surprising truth about America's wealthy. Based on research of actual millionaires, Stanley reveals they live below their means, drive used cars, and accumulate wealth quietly.
Key Takeaways
- →Most millionaires don't look like millionaires
- →Living below your means is the foundation of wealth
- →High income ≠ high net worth
- →First-generation wealth builders outperform inheritors
- →Time spent planning finances correlates strongly with wealth
