Millionaire Anywhere
Quick, what do these two people have in common?
"I don't own big hats, but I have a lot of cattle"—The Millionaire Next Door The Millionaire Next Door
Authors Thomas J. Stanley and William D. Danko interviewed first-generation millionaires to develop a portrait of a typical millionaire. They wrote a book on their discoveries called The Millionaire Next Door.
According to Stanley and Danko, most millionaires don't "own expensive clothes, watches, and other status artifacts."
In fact, one 35-year-old Texas millionaire told the authors, "[My] business does not look pretty. I don't play the part...When my British partners first met me they thought I was one of the truck drivers. They looked all over my office. Looked at everyone but me...I don't own big hats, but I have a lot of cattle."
Stanley and Danko use the expression "big hat no cattle" to describe wanna-be millionaires who act the way they think millionaires act, but don't do the things real millionaires do to become millionaires.
CloseMrs. Johnson, the old lady who lives down the street in the tiny little brick house. She bakes a remarkable chocolate chip cookie and wears the same house dress everyday.
Kyle, your classmate who sits next to you in social studies. He snaps his gum and is president of the school science club.
If you said “nothing,” you are wrong! Believe it or not, old Mrs. Johnson and Kyle have one important thing in common: one plans to be a millionaire—and the other already is!
They're every where!
Did you hear the story of Whitlowe Green? Whitlowe Green
In 2002, an 88-year-old retired teacher named Whitlowe Green died.
Everyone thought Green was very poor because he purchased his clothing secondhand. When he retired in 1983, he was making $28,000 a year.
So imagine his family's surprise when they discovered, after he died, that he had donated $2.1 million to his school, Prairie View A&M in Houston, Texas.
People who had known him for years were shocked! But his secret was simple: He saved his money over many years and only bought what he needed.
He was a millionaire all that time, and no one knew it!
CloseA lot of people think that only sports stars and Hollywood celebrities can be millionaires.
But millionaires are probably living right in your neighborhood and you don't even know it.
They might not be driving snazzy cars or appearing in movies or on TV, but there are plenty of ordinary people who are worth a lot of money.
If you think that only adults can become millionaires, don't tell that to Amanda, an 11-year-old from Minnesota.
They're every age
A few years ago, Amanda made a goal to save $1,000 by the time she turned ten.
Amanda hit that target—and has kept right on going.
She did it by:
- Setting her goal;
- Creating a plan to achieve it;
- Sticking to it.
That means—you guessed it—Amanda is on her way to becoming a millionaire!
It's not as hard as it seems. With a plan and some discipline, you too can begin the journey to becoming a millionaire. The first step is to... 
True or False: When the US issued its first postage stamps in 1847, the postmaster general wanted to use Jackson’s image on the new 5-cent stamp.
Click Andrew's head for the answer.
TRUE: The postmaster general wanted to use Andrew Jackson’s image, but switched to Ben Franklin, because it would be a more unifying icon for the divided nation.
contributed by
Jennifer
Krempin, Apple Valley, MN
AppleValley, MN
01/03/12
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