The buzz is building around The Next Millionaire Next Door. Thank you to everyone who has responded with orders, reviews, and words of encouragement. And, many thanks to those of you who are requesting copies at your local independent bookstores and libraries. Below are a few reviews for The Next Millionaire Next Door: The Dave …
Early Reviews for The Next Millionaire Next Door Read More »
The national sample of 733 millionaires, the base for my book The Millionaire Mind, is representative of a fraction of the top 1% of wealth holders in America. Out of the 30 success factors they rated, integrity and discipline ranked in a tie for first place. It is hard to overemphasize the importance of discipline in …
We recently sold our family’s mainstay, a 1997 Toyota 4 Runner 4 X 4. I bought the car new as a reward, a merit badge, in recognition of The Millionaire Next Door hitting No. 1 on The New York Times Bestseller List. The car was like a good friend; it never let our family down. Even though it had 180,000 …
Recently, Dave Ramsey magnanimously invited me to be a guest on his show. During the interview, Dave asked me about the changes I had noticed among Americans since the recent economic meltdown. One of the changes I mentioned was the precipitous decline in the number of people who advised me that “$1 million (in net worth) – …
Apparently, my interview with Dave Ramsey on September 30th hit a cord when I mentioned that only a minority of people who own/occupy homes valued at $1M or more are millionaires. In my latest book, Stop Acting Rich, I use the term millionaire to refer to those households with net investments of $1M or more. This is not the …
The Money Pit and The Decline of Enhanced Millionaires Read More »
In my interview on The Dave Ramsey Show yesterday, I discussed the relationship between where one lives and the ability to accumulate wealth. Here is a continuation of the discussion from my new book, Stop Acting Rich. Most of the self-made millionaires I have studied have one thing in common: They were able to build wealth …