Kingdom Greetings Family,
How far are we family?
Knowledge is gained from learning from our own mistakes, but wisdom is gained when we learn from the mistakes and successes of others.
That is why we continue on this journey together, studying those who walked before us, extracting lessons, and applying them with discipline.
This week, our focus is 📖 “The Millionaire Next Door” by Thomas J. Stanley & William D. Danko.
A powerful book that shatters myths and shows us that most millionaires are not celebrities or social media stars, but ordinary people who mastered extraordinary discipline.
Here are some lessons we are drawing from it right now:
- Live Below Your Means (Chapter 2, p. 28)
The book reveals that true millionaires are often frugal. They spend far less than they earn and avoid unnecessary luxury. Wealth is built by controlling expenses, not by displaying status. - Financial Independence Over Social Status (Chapter 3, p. 46)
Millionaires value freedom more than applause. They choose financial independence over appearing wealthy. Many drive modest cars and live in average neighborhoods because they prioritize assets over image. - Intentional Money Management (Chapter 4, p. 72)
Wealth is not an accident, it is planned. Millionaires budget carefully, track spending, and plan for the long term. They also resist giving their children “easy money,” instead teaching them discipline and responsibility. - Invest in Income-Producing Assets (Chapter 5, p. 95)
The wealthy put their money to work. They invest in businesses, real estate, and opportunities that generate steady returns. Their money multiplies because it is employed, not idle.
Family, this is where we are right now in our journey.
Let us keep walking. Let us keep learning. Let us keep prospering.