The Millionaire Next Door Thomas Stanley and William Danko

Posted by on May 6, 2009 in millionaire

       I am listening to the 2 tape set The Millionaire Next Door read by Cotter Smith with the authors of Thomas J. Stanley, Ph. D. and William D. Danko, Ph. D.  What’s interesting from their many years of research is they found that most millionaires and decamillionares live very frugally.  They are frugal about most things in life.  They find that those that spend a lot of money to try to look wealthy, often are not, they think the media …

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