HOW TO BECOME A MILLIONAIRE? | THE MILLIONAIRE NEXT DOOR by Thomas J. Stanley Review

How to become rich and wealthy?

Our minds are brainwashed in a way that we think millionaires spent lavishly without care,
but this is not true, most self-made millionaires are very humble and live below their means

From reading the Millionaire Next Door by Thomas J. Stanley, I learn that the simple secret to becoming a millionaire is to earn more and spend less, because they are the only two things that you have control over in your life.

In the Millionaire Next Door, the author essentially splits everyone into two categories: Underaccumulators of Wealth (UAWs) and Prodigious Accumulators of Wealth (PAWs).

The average millionaires next door don't appear to be high class and wealthy, and they still live happily and well below their means, without the need to show off.

It is important to live below your means and prioritize financial security over social standing.

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Book Recommendation:
The Millionaire Next Door: The Surprising Secrets of America's Wealthy

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Link for more Info:
https://www.census.gov/library/publications/2016/demo/p60-256.html

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