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Over the past 40 years, Tom Stanley and his daughter Sarah Stanley Fallaw have been involved in research examining how self-made, economically successful Americans became that way. Despite the publication of The Millionaire Next Door, The Millionaire Mind, and others, myths about wealth in American still abound. Government officials, journalists, and many American still tend to confuse income with wealth. A new generation of household financial managers are hearing from so-called experts in personal financial management due to the proliferation of the cottage industry of financial blogs, podcasts, and the like. In many cases, these outlets are simply experiences shared without science, case studies without data based on broader populations. Therefore, the authors decided to take another look at millionaires in the United States to examine what changes could be seen 20 years after the original publication of The Millionaire Next Door. In this book the authors highlight how specific decisions, behaviors, and characteristics align with the discipline of wealth building, covering areas such as consumption, budgeting, careers, investing, and financial management in general. They include results from quantitative studies of wealth as well as case studies of individuals who have been successful in building wealth. They discuss general paths to building wealth on your own, focusing specifically on careers and lifestyles associated with each path, and what it takes to be successful in each.
About the Author
Thomas J. Stanley was an author, lecturer, and researcher who started studying the affluent in 1973. He died in 2015. Sarah Stanley Fallaw, Ph. D. is president of DataPoints, a company that provides assessments based on the research data of her father, Thomas J. Stanley. She lives in Atlanta, Georgia.
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For those of you not interested in ordering from that largest river in South America that rivals the Mississippi and the Nile, but BoF is out of stock at the warehouse, try our new affiliate, Bookshop, started by a Columbia University MFA who just wants to help the Indies out a bit while being able to put a meal on the table for himself and others.
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You can still buy titles in other formats (hardcover, paperback, audio CDs) with a Books on First gift card as well as buy a Books on First giftcard which we will send especially to that lucky recipient (free postage!).
More than a card.
More value than many other store-bought surprises (except a book!)
Put a 3D paper sculpture in a loved one's hands and see the spontaneous delight.
That's a lovepop.
And introducing Stickerpops! featuring Monarch Butterfly (5 to a pack for only $13!)
Tim's Bees Have Been Busy and the Honey is Back!
For Sale at Books on First
From Tim Benedict's Orion Artisinal Honey & Garlic Farm
HONEY from Tim's BEES flying around FRANKLIN GROVE, IL
Two types of honey now available in beautiful 12-oz jars:
Prairie Wildflowers -- unadulterally whatever the bees are inclined to like and Echinaea -- from Tim's special stash
It's been said that local honey is great for warding off bad germs and aiding in the relief of sinus/breathing difficulties. Regardless, it tastes great!
And What a Great Gift Idea!
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Based on the Book ...
We are always delighted when someone sees a movie in the book, because now, millions of more people know about the book! It might have been a great film or it might have been a total dud.
But, read the book yourself to see just how good or different the original is!