Million Dollar Choices

Million Dollar Choices

What millionaires DON’T do.millionaire money bag

I’ve recently finished reading “The Millionaire Next Door.” The book is a compilation of research conducted by the two authors, Thomas J. Stanley and William D. Danko.

Stanley and Danko profile a collection of millionaires in America in 1996. They compare the financial behavior of two different groups of people; those they call ‘Under Accumulators of Wealth’ (UAWs) and those they call ‘Prodigious Accumulators of Wealth’ (PAWs).

This book is definitely worth reading for those who are looking for really intelligent ways of saving money, as it underlines what you should not be doing when it comes to spending.

Check out this article, which summarizes 20 of the main points of discussion in the book.