In many cases, these outlets are simply experiences shared without science, case studies without data based on broader populations. A new generation of household financial managers are hearing from so-called experts in personal financial management due to the proliferation of the cottage industry of financial blogs, podcasts, and the like. Government officials, journalists, and many American still tend toĬonfuse income with wealth. Despite the publication of The Millionaire Next Door, The Millionaire Mind, and others, myths about Over the past 40 years, Tom Stanley and his daughter Sarah Stanley Fallaw have been involved in research examining how self-made, economically successful Americans became that way.
