How to Become a Millionaire: A Straightforward Apporach to Accumulating Personal Wealth

This book takes the guesswork out of becoming a millionaire. Drawing on the characteristics of today's millionaires laid out in the bestselling The Millionaire Next Door, management consultant Mark L. Alch offers a practical, blow-by-blow approach to wealth accumulation that explains how so many of America's self-made wealthy have achieved this feat. Even if your family income is a mere $40,000 a year, Alch demonstrates how you still possess the potential to create a net worth of $1 million by the time you retire.In this straightforward text, readers learn about the three easiest ways to become a millionaire, the advantages of different investment strategies, the benefits of a team of financial advisors, and of course, the necessity to plan ahead for retirement. Alch emphasizes that today's millionaires, regardless of their income, employ moderation in their spending habits coupled with an aggressive investment strategy that, over time, provides them with a very sizeable nest egg. Offering hard numbers and statistics, this is an informative how-to book for those people who aspire to join the ranks of America's financial elite. It is also an eye-opening and important read for anyone who is concerned about financial planning for their future.