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How to really become a millionaire

THE rich are different from you and me, though maybe not quite like we think they are.

We imagine athletes, entertainers and, more recently, entrepreneurs, when we ponder the wealthy. But the enduring lesson of the classic personal finance book The Millionaire Next Door is this: Most of the rich grow wealthy because of modesty, thrift and prudence. They live happily in starter homes. They don't subsidise irresponsible adult children. They have an allergy to luxury automobiles.

I doubt I'm the only one who returned to my well-worn copy for a brushup this week, after the sad news of the death of one of the authors, Thomas J Stanley, in a car accident this week. The book, which has sold more than...

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