The millionaire next door chapter summary

In fact, most millionaires spend less than $5,000 on their watches and most of their occupations include welding contractors, auctioneers, farmers, owners of mobile homes parks, pest controllers, coin dealers and private contractors.

In вЂњ The Millionaire Next DoorвЂќ the book goes into looking at different forms of millionaires, not all millionaireвЂ™s wear very expensive jewelry, jet set around the world and buy luxury foreign vehicles this is quite the opposite.

The book shows interesting fact on how simple lifestyle habits can make anyone a millionaire, and how they might live right next door to you and me. For instance, a tedious 31-page chapter discusses how the wealthy purchase cars and includes statistics for average price. Danko this book goes into explaining different stories of how millionaires made their millions and how they could keep it, the book goes into explaining the difference between a UAWвЂ™s and PAWвЂ™s millionaires and the habits they have in common and donвЂ™t. The Millionaire Next Door is a definitive example of books that present simple concepts by reiterating them ad nauseam with an overabundance of statistics, tables, charts, and anecdotes to attain a respectable book length. HN Books may receive an affiliate commission when you make purchases on sites after clicking through links on this page. The bookвЂќ The Millionaire Next DoorвЂќ was written by Thomas J. The Millionaire Next Door describes a type of millionaire that is frugal and effectively self-made by essentially living a life that could quite literally be next door to your home.

The millionaire next door chapter summary