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will love Sign up for LibraryThing to find out whether you'll like this book. I enjoyed the Millionaire Next Door more. Lots of useful information, a little drawn out at times. ( )Depth and underlying dynamics about how millionaires reached that status. Several guidelines worth incorporating. Key Terms: Geodemography "The Power of Positive Thinking" "McDonald's: Behind The Arches" by John F. Love "The Magic of Thinking Big" by David J. Schwartz, Ph.D "The Blond Knight of Germany" by Raymond F. Toliver, Trevor J. Constable Balance Sheet Affluent vs. Income Statement Affluent Successful Intelligence: How Practical and Creative Intelligence Determine Success in Life by Robert Sternberg I'd Like the World to Buy a Coke: The Life and Leadership of Roberto Goizueta by David Greising. Balance sheet affluents are people with real asset and low debt. Income statement affluents are people who earn high income but also lead a high consumption life style; they are heavily in debt. Most millionaires carefully select their espouse. Frugal women are very desired. They buy quality homes in quality neighborhood but they don't custom build or move to the trendiest new subdivision. They drive average cars or buy luxury cars that are 3 years old. They don't associate intellect with earning potential. They are tenacious which overcome their weaknesses. They don't take unnecessary financial risk such as playing the lottery. They go on "cheap date" and don't engage in costly activities. They consult with tax experts. Pretty much a repeat of The Millionaire Next Door. no reviews | add a review
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Besides offering insights into millionaires' pinchpenny ways, pleasing quips ("big brain, no bucks"), and 46 statistical charts with catchy titles, Stanley's book booms with human-potential pep talk and bristles with anecdotes--for example, about a bus driver who made $3 million, a doctor (reporting that his training gave him zero people skills) who lost $1.5 million, and a loser scholar in the bottom 10 percent on six GRE tests who grew up to be Martin Luther King Jr. Read it and you'll feel like a million bucks. --Tim Appelo
(retrieved from Amazon Tue, 05 Jan 2010 16:13:45 -0500)
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