Key Takeaway
Millionaires are not trust fund babies — they are disciplined, consistent savers who avoid debt and invest through employer retirement plans over decades. The data from 10,000 millionaires proves that ordinary income plus extraordinary discipline equals seven-figure wealth.
The Review
Based on the largest study of millionaires ever conducted — surveying over 10,000 US millionaires — Everyday Millionaires shatters the myths about how people build wealth in America. The data shows that 79% of millionaires did not receive any inheritance, 62% attended public universities, and the top careers represented are engineer, accountant, teacher, and manager — not hedge fund managers or tech founders. The research proves that consistent, disciplined, middle-class habits build millionaire wealth, and that the 'millionaires are mostly born rich' narrative is statistically false.
Book Details
Everyday Millionaires by Chris Hogan
Published
2019
Pages
256
Rating
4.7/5
Copies Sold
500,000+
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