Offense and Defense Positions of Wealth Accumulation
By Rom Antony Day
Second Edition Friday, October 19, 2007
First Edition Thursday, September 27, 2007
According to Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D., co-authors of the “Millionaire Next Door,” millionaires play great offense in the income generation game. And play great defense when it comes to spending on consumables (e.g. food –eating at home instead of dining out too often, clothing, and disposables such as non-durable goods, which do not appreciate in value).