In this groundbreaking book, Russ Alan Prince and Lewis Schiff examine the far-reaching impact of the middle-class millionaires—people who enjoy a net worth ranging from one to ten million dollars who have earned rather than inherited their wealth. Comprising 8.4 million households, these working rich are exerting a powerful influence on our attitudes and on society. They believe in the benefits of hard work. They believe in investing in themselves and in supporting their values with their pocketbooks. From home security systems to health care, technology to travel, their spending choices are affecting the products that are available to us all.
In the bestselling tradition of Bobos in Paradise and The Millionaire Next Door, The Middle-Class Millionaire is a captivating narrative—part sociology, part aspirational journey into the lives, attitudes, and values of the middle-class millionaires. Based on extensive surveys and research into more than 3,600 middle-class millionaire households around the United States, this book will reshape our understanding of what it takes to be successful—and how all of us can achieve similar success.
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"While we aren't exactly millionaires, this book described a lot of characteristics I see in my husband. It also gave me more insight into the choices we make and why we make them. This book is more a sociological study than a finance guide, so it was a pretty easy and enjoyable read. "
— American (4 out of 5 stars)
“Impressively thorough.”
— Newsweek“Most nonfiction books consist of slightly incremental new takes on the same old reality. Occasionally, though, a book emerges that establishes a new reality. That strikes me as the case with The Middle-Class Millionaire.”
— San Francisco Chronicle" Geared to the financial services industry, it says some significant things about how the wealthy influence the middle class. "
— Joe, 11/2/2013" Interesting character sketch of this growing group. The trickle down effect was interesting, a new twist on "The Tippping Point". "
— Alana, 3/11/2013" Mostly had dry stat's, not enough personal stories to interest me. "
— Bella, 1/25/2013" I saw this book in Publishers Weekly, and I wrote my editor and asked for a copy. The book has a number of insights about where we're going. I particularly liked his stories of the trends in health care and investing, and technology "
— John, 12/16/2012" Don't buy all of it but there is some particularly interesting stuff about the rise of concierge medecine "
— Francoise, 9/18/2012" Fabulous book--great insight to time management, prioritization, and decision making. I was thrilled with this book! "
— Marcy, 8/27/2012" Fascinating - if you're into that sort of thing. A very interesting presentation of a survey of America's "fastest growing population". "
— Wayne, 7/28/2012" An interesting idea, but noticeably flawed execution. "
— Hadrian, 6/18/2012" I was unimpressed with this book. I wanted to like it. Maybe it's not the authors' fault, though. Maybe the problem is that "middle-class millionaires" just aren't that interesting... "
— David, 2/10/2012" This is a very insightful book on cultural behaviors of the middleclass and how it is changing our world. An interesting read. "
— Jay, 11/19/2011" This book held my interest and was enlightening, humorous, and helpful all in one. I was given some intriguing, and important insight into a base set of individuals it has become imperative to understand. "
— Cathy, 10/21/2011" While we aren't exactly millionaires, this book described a lot of characteristics I see in my husband. It also gave me more insight into the choices we make and why we make them. This book is more a sociological study than a finance guide, so it was a pretty easy and enjoyable read. "
— American, 7/18/2011" The pyschology behind what makes working, self-made millionaires be successful. "
— Erin, 7/10/2011" An interesting idea, but noticeably flawed execution. "
— Kaworu, 3/23/2011" I was unimpressed with this book. I wanted to like it. Maybe it's not the authors' fault, though. Maybe the problem is that "middle-class millionaires" just aren't that interesting... "
— David, 3/13/2011" Geared to the financial services industry, it says some significant things about how the wealthy influence the middle class. "
— Joe, 11/29/2010" The pyschology behind what makes working, self-made millionaires be successful. "
— Erin, 4/22/2010" Interesting character sketch of this growing group. The trickle down effect was interesting, a new twist on "The Tippping Point". "
— Alana, 1/19/2010" Fabulous book--great insight to time management, prioritization, and decision making. I was thrilled with this book! "
— Marcy, 10/25/2009" Don't buy all of it but there is some particularly interesting stuff about the rise of concierge medecine "
— Francoise, 1/3/2009" This is a very insightful book on cultural behaviors of the middleclass and how it is changing our world. An interesting read. "
— Jay, 12/31/2008" This book held my interest and was enlightening, humorous, and helpful all in one. I was given some intriguing, and important insight into a base set of individuals it has become imperative to understand. "
— Cathy, 7/21/2008" I saw this book in Publishers Weekly, and I wrote my editor and asked for a copy. The book has a number of insights about where we're going. I particularly liked his stories of the trends in health care and investing, and technology "
— John, 5/20/2008" Fascinating - if you're into that sort of thing. A very interesting presentation of a survey of America's "fastest growing population". "
— Wayne, 5/10/2008Russ Alan Prince is president of the market research and consulting firm Prince & Associates, Inc., and a co-founder of Private Wealth magazine. He is a columnist for Elite Traveler and the author or coauthor of more than forty professional development books. He lives in Redding, Connecticut.
Lewis Schiff is the executive director of Inc. Business Owners Council, a membership organization for Inc. magazine’s top entrepreneurs and owners of closely held family businesses, and maintains a blog about behavioral entrepreneurship on Inc.com. Schiff is the coauthor of The Influence of Affluence: The Rise of the New Rich and How They Are Changing America and The Armchair Millionaire.
Lloyd James (a.k.a. Sean Pratt) has been a working professional actor in theater, film, television, and voice-overs for more than thirty years. He has narrated over one thousand audiobooks and won numerous Earphones Awards and nominations for the Audie Award and the Voice Arts Award. He holds a BFA degree in acting from Santa Fe University, New Mexico.