That book introduced us to the concept of “Under Accumulator of Wealth” versus the “Prodigious Accumulator of Wealth” and shared with us that most millionaires live a lifestyle of frugality, have a disciplined approach to saving for the long-term, and are walking amongst us and we don’t even know it. It was nearly 25 years ago when The Millionaire Next Door was published and set the world on fire as it revealed “their findings that millionaires are disproportionately clustered in middle-class and blue collar neighborhoods and not in more affluent or white-collar communities” which was a “surprise to the authors who anticipated the contrary” ( Wikipedia). “Achieving any major goal – including financial independence – requires disciplined action over time, an awareness of one’s own abilities, and the effective allocation of resources” The Next Millionaire Next Door, Stanley, page 12 The Next Millionaire Next Door: Enduring Strategies for Building Wealth
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