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Business literature

The Millionaire Next Door

eng. The Millionaire Next Door · 1996
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Book Review

The book «The Millionaire Next Door» by Thomas J. Stanley and William D. Danko is a study of the financial habits and lifestyles of American millionaires. The authors debunk stereotypes about wealthy people, showing that most millionaires live modestly and frugally. They emphasize the importance of qualities such as discipline, frugality, and planning. Critics note that the book offers valuable insights into achieving financial independence and inspires readers to adopt a more conscious approach to money. However, some reviewers point out that the book can be somewhat repetitive and may not always offer universally applicable solutions in different cultural contexts. Overall, «The Millionaire Next Door» is considered a useful guide for those seeking financial stability and independence.

The Millionaire Next Door
Date of publication: 10 December 2024
———Original titleeng. The Millionaire Next Door · 1996
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