What is the most popular car among millionaires? Toyota.86% of luxury cars are purchased by non-millionaires.The way to wealth isn't driving the expensive car to look cool. It is actually buying assets with that money.

Don’t drive your wealth.

While having a higher income helps with wealth building... what really matters is how much of the income is invested.Someone who makes $250k but spends $260k is slowly falling behind someone who makes $70k, spends $50k & invests $20k!

Income does not equal wealth.

The majority of wealthy people are married and stay married to the same person (according to the book). Marriage shouldn’t be just about money, though. “A couple cannot accumulate wealth if one of its members is a hyper-consumer”.

Love the spouse you’re with.

Stocks are great, but you are greater.The best return you will see in the return from investing into your education, health, relationships... YOU! Continuously be a student of life & never stop learning.

Invest in yourself.

"Why aren't I as wealthy as I should be?" Many people ask this question of themselves all the time. Often they are hard-working, well educated middle- to high-income people. Why, then, are so few affluent. For nearly two decades the answer has been found in the bestselling The Millionaire Next Door: The Surprising Secrets of America's Wealthy, reissued with a new foreword for the twenty-first century by Dr. Thomas J. Stanley. According to the authors, most people have it all wrong about how you become wealthy in America. Wealth in America is more often the result of hard work, diligent savings, and living below your means than it is about inheritance, advance degrees, and even intelligence. The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. You will learn, for example, that millionaires bargain shop for used cars, pay a tiny fraction of their wealth in income tax, raise children who are often unaware of their family's wealth until they are adults, and, above all, reject the big-spending lifestyles most of us associate with rich people. In fact, you will learn that the flashy millionaires glamorized in the media represent only a tiny minority of America's rich. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door.

Arun shanmugaraj's Key Ideas from The Millionaire Next Door
by Thomas J. Stanley, William D. Danko

Don’t drive your wealth.

Income does not equal wealth.

Love the spouse you’re with.

Invest in yourself.

Different Perspectives Curated by Others from The Millionaire Next Door

Discover Key Ideas from Books on Similar Topics

Arun shanmugaraj's Key Ideas from The Millionaire Next Doorby Thomas J. Stanley, William D. Danko

Don’t drive your wealth.

Income does not equal wealth.

Love the spouse you’re with.

Invest in yourself.

Different Perspectives Curated by Others from The Millionaire Next Door

Discover Key Ideas from Books on Similar Topics

Arun shanmugaraj's Key Ideas from The Millionaire Next Door
by Thomas J. Stanley, William D. Danko