Why Isn't Everyone a Millionaire?: How Our Good Habits Stop Us from Getting Richer

Why Isn't Everyone a Millionaire?: How Our Good Habits Stop Us from Getting Richer

by Valrie Chambers
Why Isn't Everyone a Millionaire?: How Our Good Habits Stop Us from Getting Richer

Why Isn't Everyone a Millionaire?: How Our Good Habits Stop Us from Getting Richer

by Valrie Chambers

eBook

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Overview

The choices that we make with money are not just knowledge-based, they also have psychological components. By combining psychology literature with financial literature, this book is one of the few that provides new self-help insights into handling individual finances, advises how to increase personal wealth, and explains why we make the financial choices that we do. And, this book addresses personal wealth at every level of the socioeconomic scale and why we all resist changing suboptimal financial behaviors, even when financially it's in our best interest to do so. By better understanding our own and others' behavior, we can better change or accept our choices, maximizing our own financial position as it fits into our own lives. This book adds to the $10 billion market for self-help books by offering practical advice that is thoughtfully based on academic research but provides insight and advice in a readable format.

Product Details

ISBN-13: 9781543997347
Publisher: BookBaby
Publication date: 01/24/2020
Sold by: Barnes & Noble
Format: eBook
Pages: 218
File size: 2 MB

About the Author

As a former owner of her own CPA firm, Valrie Chambers, Ph.D., CPA is regarded as a leading researcher in the fields of behavioral accounting research and tax. She has been Chair of the M.E. Rinker, Institute of Tax and Accountancy at Stetson University and a full professor at Texas A & M University-Corpus Christi where she won Texas Society of CPAs Outstanding Accounting Educator Award and the Bobby Bizzell Southwestern Deans' Innovative Achievement Award.Her works have been published numerous academic and professional journal articles and she has appeared on TV and been quoted or cited as an expert in several widely distributed news outlets, including The Street, WalletHub, Nerd Wallet, Yahoo.com, and U.S. News and World Report. She currently coaches accounting students internationally through her YouTube channel, which over the last 3 years has had over 50,000 views and over 240 subscribers (https://www.youtube.com/channel/UCuA2OnXdLMZSSCoFm36mkow?view_as=subscriber).

Table of Contents

Chapter 1 What Is a Millionaire? 1

Chapter 2 Caveman Survival: Moving from the Lowest Level to a Middle-low Level 18

Chapter 3 From Ancient and Developing World Poverty to Most U.S. Poverty Levels: Moving from Middle-Lowest Level to the Top of the Lowest Level 25

Chapter 4 We Are the Best Bargain Hunters, When We Have Money to Spend-Moving Out of the Upper-Lowest Level and Making It to the Lower-Middle Class 53

Chapter 5 Finally, a Little Something for Ourselves-Moving from Lower-Middle Class to Middle-Middle Class 69

Chapter 6 A Steady Job, A Good Neighborhood, and Team Sports for the Kids-Moving from Middle-Middle to Upper-Middle Class, Life in the Upper Half of the Spectrum 87

Chapter 7 Moving from Upper-Middle to Lower-Upper Class: The First Stage of "Rich" 109

Chapter 8 How Much Are the Flight Upgrades? From Lower-Upper to Middle-Upper-Comfortably Rich 124

Chapter 9 When Millionaire Just Isn't Enough-Middle-Upper to Upper-Upper Class 143

Chapter 10 What Happens When Wealth Goes Down, Either by Chance or through Planning? 156

Chapter 11 Conclusion 170

Notes 175

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