I recently read through The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas Stanley and William Danko, and I’m outlining the book here both to help myself learn and remember its principles, and to help others in their studies:

One Paragraph Summary:
Contrary to media portrayal, many millionaires in the US neither inherit their wealth nor earn eye-popping salaries. Instead, they are often entrepreneurs and self-employed persons who slowly accumulate wealth by living with their means, and investing their time and energy into financial planning.

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