Summary of The Millionaire Next Door

The Millionaire Next Door is a 1996 personal finance book written by Thomas J. Stanley and William D. Danko. The book draws on the authors' research regarding wealthy Americans. It demonstrates that the majority of America's millionaires are regular people who have built their wealth through hard work, smart decision-making, and living below their means rather than relying on inherited wealth. The authors provide various details and examples of people who managed to accumulate significant wealth, as well as advice on how readers can amass wealth for themselves.