Wealth Formula

The Millionaire Next Door

The Millionaire Mind

Thomas Stanley, PhD, author of the bestsellers and , has studied affluent Americans for more than 25 years. As a result of his research, he has identified some "foundation stones to success" for millionaires:

Know that our economy rewards—and will continue to reward—success factors such as hard work, personal integrity, and focus.

• Be assured that a lackluster academic record does not have to stand in the way of economic productivity.

Have the courage to take some financial risks in life. And learn how to overcome defeat, as well.

• Look for a vocation that is original, profitable, and makes full use of your strengths. Make it one that you love.

Choose a spouse who is honest, responsible, loving, capable, and supportive. These are characteristics that are compatible with success.

• Run an economically productive household. Focus your time and spending to enhance your productivity.

Search and negotiate aggressively when buying a house. Choose one you can easily afford.

• Adopt a balanced lifestyle. Fun doesn't have to carry a luxury price tag.