Saturday, September 16, 2023
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy. #Commission
BOOK OF THE DAY: The Millionaire Next Door: The Surprising Secrets of America’s Wealthy. #CommissionEarned I read this book years ago but it is still one of my favorites.
via instapundit.com
This is indeed a great book. It says the millionaire's favorite auto was the Buick. This was back in the day. Most millionaires owned small businesses rather than were say, partners at big law firms or successful sales people. They saved, then invested. I wonder if this is still true.
https://rightcoast.typepad.com/rightcoast/2023/09/the-millionaire-next-door-the-surprising-secrets-of-americas-wealthy-commission.html
One of my best friends owned a car dealership before he retired. He attended Purdue University as an undergrad and Michigan for an MBA. He was an excellent businessman and a staunch liberal, but he insisted that his children work from an early age to gain an appreciation for hard work, setting goals, and living within their means. He is a millionaire several times over but is quite down to earth. We never agree on politics but I admire his personal philosophy of life.
We need more people like this.
Posted by: jmod46 | Sep 18, 2023 5:22:13 PM