5 unexpected facts I learned about millionaires from 23-year-old classic 'The Millionaire Next Door'

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For one thing, most millionaires take decades to get there

In reading"The Millionaire Next Door," which was originally published in 1996, I learned that many millionaires aren't the flashy status-symbol-laden rich people we might imagine. Instead, Dr. Thomas Stanley and Dr. William Danko's analysis of 292 millionaires found that many were first-generation and self-made, and many owned a small business. The authors also found that many millionaires took years to amass their fortunes, and lived modest lives that allowed them to save.

In reading"The Millionaire Next Door," which was originally published in 1996, I learned that many millionaires aren't the flashy status-symbol-laden rich people we might imagine. Instead, Dr. Thomas Stanley and Dr. William Danko's analysis of 292 millionaires found that many were first-generation and self-made, and many owned a small business. The authors also found that many millionaires took years to amass their fortunes, and lived modest lives that allowed them to save.

 

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Yep it takes time and frankly you have to be focused on the journey x purpose not the money or you don’t get there ever! I am there and it’s a lie when people say money does not buy happyness. Just saying!

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