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The Millionaire Next Door

written by Matthew Rensberry, MD MBA on 2015-04-01

I listened to the audio version of The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko.

What an outstanding book! I plan on making a list of financial books I recommend to read and this will definitely be in that list.

The bottom line is live below your means ... over and over, the story was a millionaire lives in a normal neighborhood, with other middle-class Americans, saving as much as possible and allowing that savings to grow into wealth. Not spending lavishly on quickly depreciating material things like fancy, high priced cars, or houses that are too big, or other unnecessary expenses. People who become millionaires are more often than not - not born into it, but work their way there through hard work,

This book is inspirational and a must read for every person who wants to gain wealth and financial independence.