Welcome to Litsy!

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Might get that feeling? That the rich exploit their employees?

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I wish more companies were like Dr. Bronner‘s. They implement a salary cap. The highest paid employee‘s salary is limited to 5x that of the lowest paid employee. Imagine if all companies adopted this model. What a difference that would make in everyone‘s quality of life.

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Authors list several characteristics of millionaires. I laughed when I read this one. The good old days of pension plans. Even when I was teaching and money was deducted from my paycheck for state pension, I never relied on them managing that money well.

Meh. Most recent research was from mid-90s to early 2000s, so examples are outdated. In 2025 the authors & the millionaires come across to this Gen Xer as out-of-touch Boomers. Basic concept is live below your means. Stealth wealth. Lots of pages on car buying habits and how to raise kids to become wealthy w/o relying on cash infusions from parents. Nothing really new here. Some of the anecdotes were amusing. #ReadYourEbooks

A comprehensive study about behaviours of American Millionaires what they have in common good to know book.

Wow. This book shattered my perception of what it takes to become a millionaire and stay there. Our consumer culture has created an illusion regarding net worth. Definitely worth the read.

Operating a household without a budget is akin to operating a business without a plan, without goals, and without direction.

Great read! The title speaks for itself! This is honestly a book for everyone! If you are interested building wealth grab this book! Lots of 💎‘s dropped in this book! Definitely keepsake worthy! Also an easy read!

Yes!!! Highly recommended. All entrepreneurs should read this book. It's all about having financial intelligence. It's not how much you can earn, it's about how much of it you can keep. This book teaches us how millionaires think vs how consumers think.

Although statistics dated, good information. Interested in his follow up book The Millionaire Mind

This book researches people classified as millionaires. It establishes the demographics of age, gender, work and career. Many other factors were taken into consideration such as generational wealth and habits. It's not so much of a "how to make your first million" as it is "how to live to save to a million".

This book is as frustrating as it is useful. The demographics used to gain statistical data for this book's analysis was completely white washed and out of touch with today's world. Even in the mid 1990s when this edition was created, I somehow doubt that POC millionaires were an anomaly.