Everyday Millionaires, Chris Hogan
A couple months ago I read the book by Charles Stanley, The Millionaire Next Door. I feel this book is the follow-up to that one. It's a study of 10,000 millionaires and what they have in common, including what they did to gain their millions. This book, I feel, is less about the statistical data, and more about how you can apply it to your life and finances.
Most millionaires studied in this book did not inherit their wealth. They worked, saved their money, stayed out of or paid off their debt, curbed their spending, and took advantage of their retirement accounts. No flashy ideas here, just good common sense.
It might be too late in life for me and my husband to gain millionaire status, but it's encouraging to know we can do better if we just try, and who knows, maybe we can get there. Already, we have paid off the majority of our "stupid tax" debt. We just have two bills to go, a credit card and my student loan, and we are debt free. That's the starting spot for building wealth. I am definitely going to try to do my best.
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