In 1996, Thomas Stanley and William Danko published The Millionaire Next Door. The book featured everyday people with average incomes who amassed considerable net worth by following some tried-and-true habits:

  1. Live within your means.
  2. Save 10% of what you make.
  3. Don’t waste money.
  4. Don’t overspend on cars.
  5. Invest wisely.

As the country debates whether or not it makes sense to forgive billions in student loan debt, one can only wonder how things might have turned out if this book was required reading for all sixth graders.

As a financial advisor, one of the most flattering things someone can say to me is, “I wish I had met you sooner.” But it’s also a statement that makes me sad. It shows this individual has regret.

The past need not equal the future in matters of personal finance, and our system for working with people proves it. To learn more, click here or call 513-563-PLAN (7526).


Nikki Earley, CFP®