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Want to become a millionaire? It's not completely out of the question.

Want to become a millionaire? Then perhaps you should start by studying the behaviors of people who have done it. Check out the lists of the best financial books of all time, and you’re bound to find several that include The Millionaire Next Door: Surprising Secrets of America’s Wealthy.

The Millionaire Next Door, written by authors Dr. Thomas J. Stanley and William D. Danko, identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door.

The book defines the “millionaire next door” as someone who doesn’t look the part. He or she makes no ostentatious display of wealth. There’s no fancy car, no $5,000 watch, no McMansion. This wealthy person lives in a regular middle-class or lower-middle-class neighborhood.

 According to statistics backing the book, “more than 80% [of U.S. millionaires] are ordinary people who have accumulated their wealth in one generation.” And the most important factor in building that wealth has been what’s called underconsumption. Are you living in the most expensive home you can afford? Are you driving the nicest car you can afford? If so, even if you’re earning a lot of money, there’s a good chance you are what the authors call a UAW, or “under accumulator of wealth.” Homes and cars are two of the main items that can keep you from accumulating wealth, but there are many others, of course.

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