The Millionaire Next Door - Summarized for Busy People: Based on the Book by Thomas J. Stanley, Ph.D.

By Goldmine Reads

This book summary and analysis was created for individuals who want to extract the essential contents and are too busy to go through the full version. This book is not intended to replace the original book. Instead, we highly encourage you to buy the full version.

When you think of wealthy people, you would think that they are the ones who live in rich neighborhoods like Beverly Hills or Park Avenue. The truth is, they live right next door.

The truly wealthy people in America don’t always get their money through inheritance or high degrees. They are actually the ones who don’t live an expensive lifestyle and choose, instead, to bargain-shop for used cars and raise their children without the knowledge of their wealth until they are old enough. In reality, those who live expensive lifestyles are often the ones who can’t afford it. And the truly wealthy behave differently than you would expect.

The Millionaire Next Door, first published in 1996, became a revolutionary and even controversial view of America’s richest sharing their attitudes, beliefs, and qualities that are similar among them. This new edition of the book updates the original content in the context of the 21st century.

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• Language: English
• Publisher: Goldmine Reads
• Release date: Oct 9, 2018

Book preview

THE MILLIONAIRE NEXT DOOR

Summarized For Busy People

Based on the Book by Thomas J. Stanley, Ph.D.

Goldmine Reads

Copyright © Goldmine Reads

All Rights reserved. No part of this text may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, without the prior permission in writing of the copyright holder.

Under no circumstances will any legal responsibility or blame be held against the publisher for any reparation, damages, or monetary loss due to the information herein, either directly or indirectly.

Respective authors own all copyrights not held by the publisher.

TABLE OF CONTENT

THE MILLIONAIRE NEXT DOOR

BOOK OVERVIEW

ABOUT THIS BOOK SUMMARY

CHAPTER SUMMARIES

Chapter 1: Meet the Millionaire Next Door

Chapter 2: Frugal, Frugal, Frugal

Chapter 3: Time, Energy, and Money

Chapter 4: You Aren’t What You Drive

Chapter 5: Economic Outpatient Care

Chapter 6: Affirmative Action, Family Style

Chapter 7: Find Your Niche

Attorneys Who Specialize

Medical and Dental Care Specialists

Asset Liquidators, Facilitators, and Appraisers

Educational Institutions and Professionals

Other Specialists

Chapter 8: Jobs: Millionaires versus Heirs

CONCLUSION

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BOOK OVERVIEW

When we think of millionaires, our mind immediately goes to all the luxuries and riches that they have—living an extremely comfortable life in their mansions of a home. But, as you go through the pages of this book, the reality of how the truly wealthy will unravel before your eyes. The Millionaire Next Door by Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D. will be the catalyst for you to see wealth from a different lens. Which can be the beginning of showing how you can attain real wealth as well.

Here is the summary of the chapters within the book:

Chapter 1: Meet the Millionaire Next Door. This chapter will talk about what a real millionaire looks like. The truly wealthy individuals are not like the ones that you would see in movies; they are, in fact, living simple lives. And they have learned things which greatly helped them get to where they are now.

Chapter 2: Frugal, Frugal, Frugal. Because the truly wealthy individuals know how to attain more wealth, they also know how to keep it. This chapter shows their behaviors in spending and, ultimately, sharing the components of what it means to keep your wealth.

Chapter 3: Time, Energy, and