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“Their consumer behavior had an impact on their son. They constantly sent him a message: One earns to spend. When you need to spend more, you need to earn more. L”
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
“you would be wise to use your expertise to help you make your investments. If you’re well versed in antiques, why not leverage your knowledge? You”
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
“his insensitivity to the benefits of investing go beyond his need to consume. His parents had no understanding or appreciation of invested dollars. Nor does he. And his parents passed this lack of wisdom on to him. Mr.”
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
“You know, Bob, the real patriots out there are people who earn big incomes—$100,000, $200,000, and $1 million or more a year—and spend it all. Congress should mint a new medal for this type of patriotism, Bob. It would be called the Congressional Medal of Taxation and Consumption. And as long as these patriots keep training their kids to be medal winners, we are in good shape.”
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
“In all three cases, the person makes a higher income than does Mrs. Rule. Yet none is a millionaire. In fact, Mr. Petersen, the marketing manager, has zero invested in stocks. He never invests any of his income. But he lives in a $400,000 home that is surrounded by others in the high-tech field who have big hats and bigger mortgages, but no cattle. Too many high-income/low-net worth types live from paycheck to paycheck, fearing a sudden downturn in our economy. OUR”
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
― The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Ivan’s 2025 Year in Books
Take a look at Ivan’s Year in Books, including some fun facts about their reading.
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Polls voted on by Ivan
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