![]() ![]() Money is simply a means of exchange, and it is only worth what we are willing to exchange it for. Consumption is what drives our economy, and it is the reason why we have money. Consumption is the act of using up resources, and it is the engine of our economy. The book then discusses the role of consumption in our society. ![]() ![]() Business’s are often the source of wealth for the people who own them, and their families. The book goes on to discuss the characteristics of PAWs, such as their tendency to be self-employed or to own businesses. The book begins by discussing the concept of PAWs, or “ Prodigious Accumulator of Wealth (PAW)”. It also discusses the role of consumption in our society and how it affects our economic status. The book highlights the characteristics of these people, who are often self-employed or own businesses, and their families. The Millionaire Next Door is a book about people who have achieved wealth through their own private businesses and are living a high-consumption lifestyle. They believe that financial independence is more important than status.They allocate their time, energy, and money efficiently, in ways that enable them to accumulate wealth.The authors of The Millionaire Next Door identify seven common traits: Summary of The Millionaire Next Door Book.The authors of The Millionaire Next Door identify seven common traits:. ![]()
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