The Millionaire Next Door

Current Events

Relief Spending, Personality, and Planning

The long-term consequences of the global economic shut-down are, at least for now, unknown. But we can see some short-term implications that should cause us to pause, reflect, and plan when it comes to our future financial state, even if we outsource the financial planning task to others. For example, unemployment levels in the United States […]

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Help Wanted? An Interview Guide for Hiring Financial Professionals

Amid any chaotic market or environment, many of us will seek professional advice, especially when it comes to achieving financial goals. Companies like Fidelity are hiring new staff and advisors to take on the increase in prospective clients who now want financial advice. We have anecdotal evidence of this increase at DataPoints, where many advisors have

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The Household CFO: Success Factors & Leading Through A Crisis

Leading a household through a global pandemic is not a role most of us anticipated having during our lifetimes. Working from home alongside a makeshift school or managing household duties in addition to virtually caring for loved ones is only part of the changes many households are finding themselves experiencing. The new configuration of life,

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Onward

Dear Faithful Readers and Fans, Thank you for continuing to read and respond to the blogs and publications associated with my father’s work. For the last four years you’ve allowed me the honor to continue writing for and posting on his blog, and I have been thankful for the opportunity to share my thoughts and

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Shopping on Black Friday

Black Friday Perspectives from Millionaires

Black Friday, from both a marketing and psychological perspective, was of great interest to my father, so much so that we included a question about it on the last survey we conducted on wealthy Americans for The Next Millionaire Next Door. Below is a roundup of some of the writings he and later I published

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What Millionaires Do Post-Election Night

By becoming engrossed in ongoing competitions, you’re necessarily taking time and emotional energy from something else: your business or education or some other productive activity. The Next Millionaire Next Door One of the keys to economic success is focusing your cognitive and emotional energy towards valuable activities: managing and caring for your household finances, improving

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Early Reviews for The Next Millionaire Next Door

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

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An Update on “The Book”

On October 1, the book my father and I began writing several years ago will, at long last, make its appearance on bookshelves. The title is The Next Millionaire Next Door, and it focuses on what it will take for this (or any) generation to achieve lasting financial success. Our research revealed (and thus our writing focused on) themes

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