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 […]
Is it possible to build wealth on your own? If you thought that becoming a millionaire next door today was impossible, I hope you can learn a bit more about the behaviors it takes to achieve financial success before deciding so. Here are a few more reviews and insights into The Next Millionaire Next Door.
On Becoming The Next Millionaire Next Door Read More »
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
An Update on “The Book” Read More »
The follow up to The Millionaire Next Door is underway, and part of that effort has been analyzing data and merging the findings into the drafted chapters of the new book. A few weeks ago, I visited the team at Kennesaw State University who worked with us to administer the massive survey to assess the habits, behaviors,
As we progress through this election cycle I am having a bout of deja vu. We’ve been here before. Back in 1996 we were watching another election cycle that involved the Clintons–Bill Clinton versus Bob Dole versus Ross Perot. We were also seeing increased technology addiction (chatting on dial-up ISPs), and feeling as if threats
On the 20th Anniversary of The Millionaire Next Door Read More »
How will you spend the day after Thanksgiving? Here’s some research that might influence your decision. In our 2015 survey of affluent Americans–a group that represents the top wealth holders in the United States–we asked how many times they participated in in-store Black Friday shopping in the past five years. Only 2% said they had participated
Distracted by Black Friday Read More »
When I was a boy, we lived in a small apartment in a blue-collar section of the Bronx. Just a quarter mile away was the wealthiest neighborhood in New York City, a residential community called Fieldston, aka Mansionville! I was nine years old. I told my eleven-year-old sister, “I’m disgusted with the marginal propensity of
My First Encounter with a Millionaire Read More »
There are a lot of writers, reporters and politicians who need to go back to school. They continue to confuse income and wealth when talking about taxing the rich. When I use the term wealth, I am referring to the net worth of a household, i.e. all of its assets less all of its liabilities.
Wealth is not Income; Income is not Wealth Read More »
Last week I received an email from a reader about the content found in my first three books: Marketing to the Affluent, Selling to the Affluent and Networking with the Affluent and Their Advisors. This writer was concerned that these books might be merely a rehash of each other. In fact, each book is unique, as you’ll see
Marketing, Selling, and Networking Read More »