From Simple Living Yields Simply Millions In Savings by Janet Luhrs:
“The flashy millionaires glamorized by the media actually represent only a tiny minority of America’s rich,” Thomas J. Stanley and William D. Danko say in the book, The Millionaire Next Door. “Most of the truly wealthy in this country don’t live in Beverly Hills or on Park Avenue - they live next door.”
The authors say that the typical wealthy individual is a businessman who has lived in the same town for all of his adult life, and owns a small factory, a chain of stores or a service company. He lives next door to people with a fraction of his wealth. Their survey indicated that while the paycheck to paycheck crowd drives new cars, most millionaires don’t. They’re not wearing expensive clothes and watches and their houses are relatively modest compared to their financial status.
You don’t need to be a millionaire to lead a simple life, and indeed, no one said that money equals happiness. But you can learn from millionaires how to get off the treadmill and create a satisfying life.
