The Millionaire Next Door Summary (Animated) — What Are the Habits of Everyday Millionaires?

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This book summary of Thomas J. Stanley's The Millionaire Next Door will teach you how to build wealth step-by-step, thanks to his multi-decade study of everyday millionaires.

0:00 - Introduction
1:30 - 3 Rules to wealthiness
2:04 - Start saving the moment you earn!
3:30 - Use this equation to measure your financial status.
4:47 - Don't fall for economic outpatient!
6:08 - Outro

Our Summary of The Millionaire Next Door focuses on the three steps that can improve your financial status. We cover it all, from saving the moment you get your first earned money to spending wisely. The book mainly talks about how we often misinterpret the lifestyle of millionaires when the reality is, most of them live a very simple lifestyle.

This video summary explains the results of the years-long research Thomas J. Stanley and William D. Danko did to profile wealthy people based on their net worth. It explains the simple lifestyle they live and the habits they use to remain financially stable.

The Millionaire Next Door is a bestselling book and was selected as one of ten outstanding business books in America by the editors of Best of Business. It has sold over 3 million copies.

You can also read this Summary on our website, listen to just the audio, and download a PDF of it:

#Culture #ThomasStanley #Money #PersonalFinance #SelfImprovement #Society #Success

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Big fan of this platform and your system. I hope to meet you one day when I visit Germany. Love from Canada.

extremelucky
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Huge fan of 4 minute books here. Thank you for what you do!

MaryJohnson
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This is not a good review and not representative of the book. It seems like the author just flipped through the book and pulled out a few formulas that they thought would make a good video. Read the book!

theoldgoat
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Review is decent, but the voice is atrocious to listen to, well at least for me. Thanks anyways.

jahskido
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Can't believe, that was all the book had to offer. Not even summarized. No one needs a book to know this. No one would buy or recommend it then.
Seems this is a job not too well done. Or it IS a worthless book.

gardenjoy