Stanley's Seven Winning Habits of the Millionaire Next Door. When I heard the news, I am sure that I am not the only one that retrieved my worn copy of his book to brush up on his sage advice. Stanley, 71, was killed in a car crash near his home in Marietta, Georgia. And people continue to buy into it, even if such a path does require its own luck along the way to avoid job loss, natural disaster and health setbacks. That people in blue-collar businesses can, by saving well and not spending lavishly, achieve real comfort. While the book was never meant to be a "Money Bible", it stands today as a sort of promise that everyday people have a shot at accumulating true wealth through habits and not just outsize risk. Lots of others, however, were quiet millionaires, having socked away plenty from ownership of the sorts of small businesses that young adults don’t clamor to get into. Stanley found that there were plenty of people who lived in expensive houses with enormous mortgages in high-income neighborhoods who didn’t have much in the way of net worth. Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J Stanley quickly became a bestseller. In 1996, I purchased a book that would impact my outlook and thoughts on wealth accumulation and personal financial habits.
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