We are currently making improvements to the Audible site. In an effort to enhance the accessibility experience for our customers, we have created a page to more easily navigate the new experience, available at the web address www.audible.com/access .
The Millionaire Next Door Summary & Analysis Audiobook

The Millionaire Next Door Summary & Analysis

Regular Price:$3.95
  • Membership Details:
    • First book free with 30-day trial
    • $14.95/month thereafter for your choice of 1 new book each month
    • Cancel easily anytime
    • Exchange books you don't like
    • All selected books are yours to keep, even if you cancel
  • - or -

Publisher's Summary

The Millionaire Next Door: The Surprising Secrets of America's Wealthy is a 1996 book by Thomas J. Stanley and William D. Danko. This audiobook is a compilation of research done by the two authors in the profiles of millionaires. In this case they used the term "millionaire" to denote US households with net worths exceeding one million dollars. The authors compare the behavior of those they call UAWs (Under Accumulators of Wealth), and those who are PAWs (Prodigious Accumulators of Wealth). Their findings, that millionaires are disproportionately clustered in middle-class and blue collar neighborhoods, and not in more affluent or white-collar communities, came as a surprise to the authors - who anticipated the contrary. Stanley and Danko's audiobook explains why, noting that high-income white-collar professions are more likely to devote their income to luxury goods or status items, thus neglecting savings and investments.

©2017 Graham Archibald (P)2017 Graham Archibald

What Members Say

Average Customer Rating

4.8 (5 )
5 star
 (4)
4 star
 (1)
3 star
 (0)
2 star
 (0)
1 star
 (0)
Overall
4.8 (5 )
5 star
 (4)
4 star
 (1)
3 star
 (0)
2 star
 (0)
1 star
 (0)
Story
5.0 (5 )
5 star
 (5)
4 star
 (0)
3 star
 (0)
2 star
 (0)
1 star
 (0)
Performance


There are no reviews for this title yet.

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.

Cancel

Thank you.

Your report has been received. It will be reviewed by Audible and we will take appropriate action.