Personal Finance102 · Module I · Lesson 03 of 11
Reading · 25 min

Reading: The Millionaire Next Door (excerpts)

Stanley and Danko on the demography of accumulated wealth.

Reading

Stanley & Danko, The Millionaire Next Door (1996), Chapters 1–3.

The empirical basis for the observation that most sustained wealth in the United States is accumulated through discipline over decades, not income. The Scholar should be able to reproduce the book's central finding in a single paragraph.

Reading

Primary and secondary sources for this lesson.