Most real life millionaires do not look like what people would expect them to look like. They do not wear expensive suits or live in a big house. Those who had a lot of money but spent it all on big, luxury items are called UAWs. A UAW is an “under accumulator of wealth” (Stanley and Danko 14). A good example of a UAW is the Great Gatsby. Gatsby owned a big house with a big pool. He invited hundreds of people over for parties every weekend. He drove a Rolls-Royce type of fancy car. Gatsby had hundreds of shirts, most of which probably had never been worn that cost thousands of dollars. On the other hand, a millionaire is a PAW, which is an “accumulator of wealth” (Stanley and Danko 14).
Stanley and Danko say, “One in five millionaires are retired”,...
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...have been in a Catholic school my whole life, so, to them, college is a bargain. They paid for my car, but I was 16 at the time. My car was a used 2006 ice blue Toyota Matrix. It had 89,000 miles on it when my parents bought it, but they found it a great deal because it was a one time owner that mostly drove on the highway and she always brought it to the same dealer for checkups. I will not let them pay for my next car or my first house, and I am currently getting ready to have my own phone plan. I have three credit cards, one from my bank, and two charge cards to stores. I barely use one charge card and the other one I try to use only every other month. I have been really trying recently to not buy more clothes that are useless or other unnecessary items. This book taught me many useful facts and, even if I never become a millionaire, I now know how to save money.
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