In The Millionaire Next Door, William D. Danko skews the myths about how (and where) most millionaires live, and what it takes to become one. Their extensive research identified the sometimes surprising characteristics and habits shared by many millionaires. For instance, millionaires are often bargain shoppers (they buy used cars and off-the-rack clothing), pay only a small percentage of their wealth in income taxes, and shun the lavish lifestyles we often associate with being rich.

The book explains how to determine what your net worth should be, according to your age and income, and how you can build wealth over time and become a millionaire—if you have the discipline.

Thanks to our monthly supporters

Emily Rose Banks
Malcolm Magee
Natalie
Triman Kaur
Ryan N.
Marco-Ken Möller
Lars Bjørge
Edward Rehfeldt III
孤鸿月影
Fabian
Jasper Verkaart
Andy Pilara
ola
Austin Hammatt
Zachary Phillips
Mike Leigh Cooper
Gayla Schiff
Laura KE
Krzysztof
Roar Nikolay Ytre-Eide
Stef
Roger von Holdt
venkata reddy
Ingram Casey
Ola
rahul grover
Ravi Govender
Craig Lindsay
Steve Woollard
Lasse Brurok
Deborah Spahr
Barbara
Samoela
Jo Hatchard
Kalman Cseh
Berg De Bleecker
Paul Acquaah
MrBonjour
Sid
Liza Goetz
Konnor Ah kuoi
Marjan Modara
Dietmar Baur
Bob Nolley

★ Support this podcast on Patreon ★

William D Danko: The Millionaire Next Door