https://summaryshelf.app/authors/thomas-j.-stanley-and-william-d.-danko/Recent content in Thomas J. Stanley and William D. Danko on SummaryShelfHugoen-usWed, 22 May 2024 00:00:00 +0000https://summaryshelf.app/millionaire-next-door/Mon, 17 Jul 2023 00:00:00 +0000https://summaryshelf.app/millionaire-next-door/<p>The people who look rich and the people who are rich are, more often than not, two different groups. The authors spent years studying American millionaires — households worth more than a million dollars, not counting the home they live in — and the picture that emerged looks nothing like the television version. Most millionaires drive used cars, wear unremarkable clothes, and live in ordinary middle-class neighborhoods. Meanwhile, plenty of high earners who spend to broadcast their status stay perpetually one paycheck deep. Real wealth, it turns out, comes from what you keep and invest, not from what you make and display.</p>