Part 6/9:
The idea of “Stealthy Wealth,” a term popularized by the authors of “The Millionaires Next Door,” Thomas Stanley and William Danko, encapsulates this phenomenon well. Their work revealed that many millionaires are not the high-salaried professionals we often envision but skilled tradespeople and dedicated small business owners. These individuals accumulate wealth through disciplined financial practices, living modestly and reinvesting profits as opposed to succumbing to lifestyle inflation often seen among higher-income professionals.