The millionaire next door thomas stanley audiobook

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The things we buy may be different for everyone, but the logic is the same. Here’s how it works: you start by simply cutting out all the purchases you don’t need. How are you going to make your house payment? How will you pay for your flashy car’s insurance or repairs? How can you keep up with your new high-class friends? What are you going to do when something breaks in your house? Now an overwhelming portion of your “infinite amount of money” is gone. You spend a little extra on some designer clothes to match your new lifestyle. You spend at least half of it on a fancy house. So, let’s imagine that you really do have a million dollars. Why? Well, although we tend to conceptualize “a million dollars” as being an infinite sum of money, the truth is that it’s anything but.

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That’s because it’s a lot easier to become a millionaire than it is to stay a millionaire. But is it really true that more money can lead to more problems? Most of us will never have to worry about a problematic excess of wealth, but the authors’ argue that your secret billionaire buddies’ success is largely due to their acceptance of this fact. We’re all familiar with the famous song by The Notorious B.I.G.

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