"The Millionaire Next Door"
by
Thomas Stanley
William Danko
How can you join the ranks of America's wealthy (defined as people whose
net worth is over one million dollars)? It's easy, say doctors Stanley
and Danko, who have spent the last 20 years interviewing members of this
elite club: you just have to follow seven simple rules. The first rule
is, always live well below your means. The last rule is, choose your
occupation wisely. You'll have to buy the book to find out the other
five. It's only fair. The authors' conclusions are commonsensical. But,
as they point out, their prescription often flies in the face of what we
think wealthy people should do. There are no pop stars or athletes in
this book, but plenty of wall-board manufacturers--particularly ones who
take cheap, infrequent vacations! Stanley and Danko mercilessly show
how wealth takes sacrifice, discipline, and hard work, qualities that
are positively discouraged by our high-consumption society. "You aren't
what you drive," admonish the authors. Somewhere, Benjamin Franklin is
smiling.