From time to time I like to share some of the notes and e-mails I receive from millionaires in hopes that you may gain insight into to the lifestyles of these self made, financially independent people. One such profile came from a respondent to my latest national survey. You may find Mrs. T and her […]
A Millionaire Profile Read More »
Most of the millionaires whom I have interviewed understate their true wealth. They get little satisfaction from displaying expensive artifacts which are suppose to define success in America. But there is another important reason for not conspicuously broadcasting one’s net worth. It has to do with issues of safety and security. Take for example the comments made by
Another Reason to Stop Acting Rich Read More »
Are you frustrated about the way your career is unfolding? Perhaps you are not achieving what you should be given your hard work and discipline. If this is the case you may wish to read the perennial bestseller, The Magic of Thinking Big, by Dr. David J. Schwartz. Dave and I were on the marketing
The Magic of Thinking Big Read More »
In the year prior to our economic meltdown, 16 million passenger vehicles were sold in the United States. This year I estimate that less than 12 million will be sold. Certainly this is a serious decline. In spite of this decline, I believe that some people can still make a good living selling cars and a lot
Bad Economy? Thank You, I Didn’t Know Read More »
A recently published article in The Wall Street Journal indicated that nearly 15% of “homeowners” with outstanding mortgage balances of $4M or more were at least 90 days overdue in their payments. That is nearly twice the rate for all home loans. In America today there is growing number people of the “big house, no cattle”
Big House; No Cattle Read More »
What is the most often asked question regarding the material contained in my latest book, Stop Acting Rich? “When the economy improves will people give up the frugal habits they adopted during the most recent economic meltdown?” Most of the people who ask this believe that frugality is here to stay. But I am of a
The Vanishing Frugal Lifestyle Read More »
A New York Times article yesterday about consumer use of discount coupons jogged my memory. Shortly after making my presentation, the president and CEO of the sponsoring corporation approached me. He told me that he had a case for my next book. And he was right. The case was ideally suited to be included in The Millionaire Next Door. How did
Making Lists; Building Wealth Read More »
I was not going to tackle the issue of the new tax law changes at this time. However, Ben A. wrote an excellent response to my “Henry” blog last week. Ben pointed out accurately that the top 10% of the income earners in the United States pays over 70% of the tax on personal income. After reading
New Tax Law Targets America’s Most Productive Workers Read More »
A Message from Bob: Your books are great! Eight years ago I was browsing in a bookstore and picked up The Millionaire Next Door. I began skimming through it and quickly said to myself – this guy is writing about me! I was early-fifties, owned my own business, had no credit card debt, paid cash for
We Don’t Think of Ourselves as Wealthy Read More »
The senior vice president and head of national sales for a brokerage company once asked me an interesting question, “If you can get millionaires to answer all your questions, would you consider interviewing our top financial advisors? They are all great at making money for clients. But there’s more to it. How do they attract
Henry Is an Expert Read More »