Authors:
  • Most people have it all wrong about wealth in America. Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.

    Thomas J. Stanley, William D. Danko (1996). “The Millionaire Next Door: The Surprising Secrets of America's Wealthy”, p.1, Government Institutes