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Book of the Month - November, 2004

Book of the Month - November, 2004

The Millionaire Mind by Dr. Thomas Stanley

The Millionaire Mind - Thomas J. StanleyIn the 1996 best-seller The Millionaire Next Door; written by Dr. Thomas J. Stanley, one of contemporary America's most firmly held beliefs was shattered. According to Dr. Stanley, wealthy individuals do not all belong to an elite group of highly educated and exceedingly lucky people who often inherit their money and spend it on lavish purchases and pampered lifestyles. The Millionaire Next Door showed us that a significant number of America's wealthy are far more likely to work hard, save diligently, and live well below their means.

Now, Dr. Stanley takes us even further with a new, groundbreaking study of America's wealthy. In The Millionaire Mind he targets a different segment of the population: those who have accumulated substantial wealth and use little or no consumer credit; yet live in houses valued at an average of $1,400,000. Exploring the ideas, beliefs, and behaviors that enabled these millionaires to build and maintain their fortunes, Dr. Stanley provides a fascinating look at who America's financial elite are and how they got there.

-What were their school days like?
-How did they respond to negative criticism?
-What are the characteristics of the millionaire's spouse?
-Is religion an important part of their lives?

The author uncovers the surprising answers to these and similar questions, showing readers through concrete examples just what it is that makes the wealthy prosper when others would turn away dejected or beaten.

The Millionaire Mind promises to be even more transformational than The Millionaire Next Door, delving deeper into the minds of America's welathy and answering the universal questions with solid statistical evidence in an approachable, anecdotal style.

This book offers a very unique perspective as it peers into the lives of America's wealthy. Dr. Stanley offers demographical information that may surprise any reader. Not everyone worth more than one million dollars is an ivy league graduate; they have not even necessarily graduated from high school. Is it education or courage to take risk that is more common? The Millionaire Mind contains answers to many questions you may have about how to make money and how to hang on to it once you have it.

Buy:
The Millionaire Mind $11.87
The Millionaire Next Door $10.50

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