The Millionaire Next Door (by Thomas J. Stanley and William D. Danko)

*The Millionaire Next Door* by Thomas J. Stanley and William D. Danko analyzes how many self-made millionaires build wealth through disciplined saving, frugal living, and smart investing, rather than through high income or luxury possessions. The authors emphasize traits like financial independence, careful budgeting, and prioritizing long-term goals over short-term pleasures. The book debunks stereotypes about wealthy lifestyles, showing that many millionaires live modestly and are vigilant about their finances. Ultimately, it demonstrates that consistent good financial habits are key to accumulating wealth, and that wealth-building is accessible to those willing to practice discipline and prudence.