Shows
Reset Your Thinking PodcastBook: Next Millionaire Next DoorThis briefing document summarizes the main themes and important ideas presented in the excerpts from "The Next Millionaire Next Door." Building upon the foundational research of the late Dr. Thomas J. Stanley, the book, co-authored with his daughter Dr. Sarah Stanley Fallaw, delves deeper into the enduring strategies and behavioral characteristics that enable individuals to accumulate wealth. The excerpts highlight that the "Millionaire Next Door" archetype – those who achieve financial success through frugality, discipline, and a focus on building net worth over displaying high income – remains prevalent. The book explores various myths about wealth, the influence of environment and soci...2025-04-1026 min
The Broke MillionairesE20: How to Create a $600k+ Income Within 36 Months Working Part Time Using The 12 House Blue Print | William & Jodi Tingle In this episode we interview William and Jodi tingle. William is a Investor, Coach, Speaker, and Author of “The 12 House Blueprint”. William has bought hundreds of houses all across the US, most of them Subject To. He has trained and coached thousands of students all across the country to(including us) become financially successful real estate investors. William’s wife Jodi is a seasoned real estate investor with over 20 years of experience, specializing in short sales and wholesaling. As a former licensed real estate broker, she has a deep understanding of market dynamics and creative deal struc...2025-03-121h 02
Your Financial PharmacistYFP 391: 7 Books That Shaped My Money MindsetTim Ulbrich shares insights from seven financial books that shaped his journey, offering key lessons on saving, spending, mindset, and building wealth. Summary In this episode, Tim Ulbrich highlights seven impactful financial books that shaped his journey, including I Will Teach You to Be Rich by Ramit Sethi, Die with Zero by Bill Perkins, and Rich Dad, Poor Dad by Robert Kiyosaki. He shares key takeaways on topics like balancing saving and spending, adopting a wealth-building mindset, and spending for happiness. Mentioned on the Show YFP on YouTube YFP 390: Financial Resolutions: Top 5...2025-01-0921 min
Books In DialogueS2 - 10 - Building Wealth Today: Insights from The Next Millionaire Next DoorIn this episode of Books in Dialogue, we delve into The Next Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas J. Stanley and Sarah Stanley Fallaw. This 2018 follow-up to the classic The Millionaire Next Door offers updated research and fresh perspectives on wealth accumulation in the modern era.
Join us as we explore the habits, behaviors, and strategies that distinguish today's millionaires, providing actionable insights for anyone aiming to build and sustain wealth in today's dynamic financial landscape.2024-11-2527 min
Planning & Beyond®11. Using Assessments to Deepen Client Relationships with Dr. Sarah FallawText us to share what you found helpful!In this episode, we talk with Dr. Sarah Fallaw, co-author of The Next Millionaire Next Door and founder of DataPoints, who explains how understanding client personalities can improve financial advising. She shares how using science-backed tools, instead of just traditional risk assessments, helps advisors build stronger relationships and better support clients' wealth-building efforts. We dive into how regular wellness checks can increase client satisfaction and offer tips for advisors looking to enhance their services. Tune in to this episode of “Planning & Beyond!”Connect with us below!Dr...2024-11-0746 min
Your Financial PharmacistYFP 345: 7 Personal Finance Books to Read in 2024Tim Ulbrich reviews seven impactful finance books he recommends for both seasoned investors and beginners to gain strategies and inspiration for success. Summary In this episode, Tim Ulbrich continues the discussion from Episode 341 on "5 Financial Moves to Make in 2024." The fifth "move" was about "setting a plan for your personal finance learning," and this week, Tim dives into seven personal finance books that have profoundly influenced his financial journey. With no particular order in mind, Tim shares insights from each book and how he has implemented key takeaways into his own financial plan...2024-02-0824 min
Catching Up to FISimplicity, Empathy, Leadership, Robots, Oh My! | Jeremy Schneider | 056Jeremy Schneider is the passionate financial educator behind Personal Finance Club and the innovative platform Nectarine. Jeremy shares his unique perspective on the simplicity of financial success, underscored by his simple rules - 'live below your means' and 'invest early and often.' We delve into the value of robo-advisors versus human advisors, Jeremy’s thoughtful approach to constructing a portfolio, his views on cryptocurrency, and the common financial mistakes he witnessed over the years. Plus, you'll hear about Jeremy's newest venture that democratizes access to financial advice and his clear stance on avoiding the pitfalls of li...2024-01-211h 25
Catching Up to FIImagineer Your Ikigai | Matt Richter | 053Matt Richter, the Financial Imagineer, is a personal finance aficionado who joins us from Basel, Switzerland to chat about playing the game of life, managing windfalls, how to live in stealth wealth, and following your Ikigai. Matt loves spending time with his family, traveling, brewing beer, and writing on his blog to share his biggest passion, Financial Imagineering: making money work for you so you can unlock and spend more of your most precious resource on this planet, self-determined time, in order to pursue your dreams and passions. Matt Richter on Facebook, X, and Medium2023-12-311h 21
Beyond Budgets PodcastBusting Money Myths with Dr. Sarah Stanley Fallaw What if the secret to financial success was less about numbers and more about your mindset? And what if achieving a balance between long-term family financial planning and short-term financial management could be easier than you think? In this third episode of the Beyond Budgets® podcast, we welcome the remarkable Dr. Sarah Stanley-Fallaw, a personality psychometrics expert and co-author of the intriguing book 'The Next Millionaire Next Door.' Dr. Fallaw uses her expertise to shatter some common misconceptions about wealth. This is no ordinary financial podcast episode; it's a thought-provoking journey into the complex wor...2023-11-3026 min
The Most Hated F-WordThe Scientific Research Behind Money-Related Personality of Self-Made Millionaires with Dr. Sarah (Stanley) FallawDr.Sarah (Stanley) Fallaw, Ph.D. | President DataPoints | Author |
BIO:
Sarah Stanley Fallaw, Ph.D. is the author of The Next Millionaire Next Door and the founder and President of DataPoints LLC, a behavioral assessment advisor-tech company. In her role at DataPoints and her research, Dr. Fallaw continues the study on self-made wealth begun by her late father, Dr. Thomas J. Stanley, author of The Millionaire Next Door. Dr. Fallaw’s research on the psychology of wealth has been featured in numerous conferences and publications, and she consults with firms worldwide on measuring client money personality. Dr. Fallaw received her Ph...2023-10-2649 min
Wicked Pissah Podcast#157 - Sarah Stanley Fallaw - "The Next Millionaire Next Door"Kathleen and Jeff speak with Dr. Sarah Fallaw. Sarah is a psychologist, researcher, and founder-president of DataPoints, the first behavioral assessment company for financial services. DataPoints uses tools that pinpoint financial attitudes, wealth-building behaviors, and investor risk tolerance to uncover client money mindset. She co-authored The Next Millionaire Next Door, continuing the study of wealth in America started by Thomas J. Stanley, Ph.D. https://datapoints.com/ https://www.linkedin.com/in/sarahfallaw/ https://twitter.com/sarahfallaw https://www.facebook.com/datapoints2023-06-1349 min
Purposeful Planning PodcastUncovering Client Personality: More Than A “Type”Delve into the fascinating realm of understanding client personalities and their influence on financial decisions. In this session, we explore how personality traits can accurately predict saving, spending, and investing behaviors, enabling you to anticipate your clients' future actions and enhance your advisory skills. Learn about a variety of methods to measure personality, including observations, structured interviews, and tests that can provide valuable insights and uncover the unique characteristics of your clients, enriching your dialogue with them about money-related experiences and beliefs.
About Our Speaker: Sarah Stanley Fallaw, Ph.D. is the co-author of The Next Millionaire Ne...2023-05-2425 min
The Meb Faber Show - Better InvestingSarah Stanley Fallaw - The Psychology of the Millionaire Next Door | #481Today’s guest is Dr. Sarah Stanley Fallaw, the author of The Next Millionaire Next Door and the founder of DataPoints, which provides technology-enabled financial psychology tools to enhance wealth-building. In today’s episode, we look back at some of the key takeaways from her Dad’s book, The Millionaire Next Door, one of the most important personal finance books ever written. Sarah shares what’s changed and what’s stayed the same since the book was published in 1996, and how you can try to instill these traits in your kids. Then we talk about her company...2023-05-1752 min
The Financially Mindful PodcastWho Wants to be a Millionaire? The traits, habits and behavior’s of the self made wealthy.In this episode Dan and Jim talk with Dr. Sarah Stanley Fallaw, Ph. D. author of "The Next Millionaire Next Door" about the habits and traits researchers find most often amongst the self made wealthy.
About our Guest:
Sarah Stanley Fallaw, Ph.D., is the author of The Next Millionaire Next Door and the founder and President of DataPoints LLC, a company that provides technologically-enabled financial psychology tools to enhance wealth-building.
In her role at DataPoints and her research, Dr. Fallaw continues the study on self-made wealth begun by her late fath...2023-04-2739 min
On the Circuit14. How to Ask Clients the Right Questions, Featuring Brendan Frazier and Dr. Sarah FallawBrendan Frazier and Dr. Sarah Fallaw discuss how data and technology can inform the client experience – without eliminating the need for human-first advice.2023-04-2649 min
Stuff About Money They Didn't Teach You In SchoolThe Household CFO with Dr. Sarah FallawDoes your household need a Chief Financial Officer?Revisit this throwback episode of the Building Us podcast, where hosts Erik Garcia, CFP®, and Dr. Matt Morris, LPC, LMFT. are joined by Sarah Fallaw, President at DataPoints, to discuss what it takes to run a financially successful household.Episode Highlights:
Sarah shares her background in industrial psychology, and how she has applied the data and research that her father began back in the 80s. (3:26)
Sarah shares her thoughts on income and wealth. (6:06)
Sarah explains the DataPoints research findings on h...2023-04-2549 min
Retire With Purpose - The Retirement PodcastThe Behaviors and Psychology of Becoming The Millionaire Next Door with Sarah FallawToday, I’m talking to Dr. Sarah Fallaw. Sarah is the founder and president of DataPoints, where she provides her clients with technologically enabled financial psychology tools to enhance wealth building. If you’ve been following the podcast, you’ve likely seen Sarah’s writing and research in our Weekend Reading for Retirees series. Her work has been featured in the Journal of Financial Planning, Financial Planning Review, and Industrial and Organizational Psychology. In her book, The Next Millionaire Next Door, she updates her father’s classic text (and one of my dad’s favorite books) to ans...2023-04-1044 min
Healthy Love and MoneyUnlocking The The Millionaire Next Door and So Much More with Dr. Sarah Fallaw
Today, Ed is joined by Sarah Stanley Fallaw, Ph.D. She is the author of The Next Millionaire Next Door and the founder and President of DataPoints LLC, a company that provides technologically-enabled financial psychology tools to enhance wealth-building.
“We give you tools to understand your clients’ money mindset,” says Sarah regarding DataPoints’ mission. Listen in as she lays out the basic competencies of financial literacy, pointing to the unfortunate reality that “managing your financial life is essentially a job that very few of us are trained to do.”
Sarah throws back the curta...2023-02-1651 min
SHIFT with Ross MarinoThe Value of Human First Advising with Dr. Sarah FallawOn this episode of SHIFT Dr. Sarah Fallaw, President of DataPoints, discusses the value proposition of focusing on the human side of investing and financial guidance.#shifteventLearn more at https://humanfirst.liveConnect with Sarah:Twitter LinkedInLearn more about DataPoints:Website TwitterLinkedInConnect With A2X Social:FacebookLinkedInInstagramTwitterLearn More About Advisor2X©Advisor2X. All Rights Reserved.2022-12-1610 min
Analog AdvisorThe Next Millionaire Next Door with Dr. Sarah FallawIn this episode, Wes interviews Dr. Sarah Fallaw, an industrial psychologist, the founder and president of DataPoints, and co-author of The Next Millionaire Next Door: Enduring Strategies for Building Wealth. She’s also the daughter of the Dr. Thomas J. Stanley, who was considered one of the foremost experts on wealth accumulation. His book The Millionaire Next Door: The Surprising Secrets of America’s Wealthy., was a NYT best seller and shattered the myths many people believed about what it takes to beco...2022-10-2548 min
Creating WealthThe Millionaire Next Door Discussion, Part TwoIn Part Two of this two part episode series, Bill and Anastasia continue to discuss findings from The Millionaire Next Door and its follow-up, The Next Millionaire Next Door by Thomas Stanley and his daughter, Sarah Stanley Fallaw. Which of the following three variables is the best predictor of consumption - income, net worth, or market value of your home? What kind of cars do millionaires drive and why is that important? Is a million dollars "enough" anymore? Are millionaires happier? Bill and Anastasia get a bit more philosophical as they sum up their thoughts on this...2022-09-3014 minCreating WealthThe Millionaire Next Door Discussion, Part OneIn Part One of this two part episode series, Bill and Anastasia discuss findings from The Millionaire Next Door and its follow-up, The Next Millionaire Next Door by Thomas Stanley and his daughter, Sarah Stanley Fallaw. Is wealth creation really about spending control, or how much wealth you start out with? Bill and Anastasia define and cover characteristics of "the millionaire next door" and what to emulate. Anastasia mentions six key behaviors that lead to wealth accumulation. Why do millionaires refrain from telling their children how wealthy they are? Bill and Anastasia talk about their social media...2022-09-1625 min
The InvestHER PodcastHow 2022 inflation and a potential recession will impact real estate investingWith all the things happening in the market, it’s so easy to feel overwhelmed and struggle with indecision.
In this episode, Paula Pant is back on our show to provide clarity in these challenging times. She goes in-depth on recession and inflation and offers actionable advice on how we can move past the uncertainty and make smarter bets in an inflationary environment. As the founder of AffordAnything.com, Paula also shares insights on the barriers of entry to real estate and why we should give more value to our time.
Paula Pant is a podcast host, writer, speaker, and me...2022-07-1552 min
Succeed in MedicineHow to Become the Next Millionaire Next DoorOn today’s episode, we discuss the characteristics that predict an individual’s propensity to build wealth, why physicians have a bad reputation in this department and what we can do to improve, with industrial psychologist, Dr. Sarah Stanley Fallaw. Dr. Fallaw is the author of The Next Millionaire Next Door and the founder of DataPoints LLC, a research and technology company that provides advisors and individuals with behavioral science tools to achieve financial success. DataPoints created the industry's first assessment of individual propensity to build wealth based on The Millionaire Next Door. Her research on psychometrics and financial psychol...2022-04-2849 min
Black and Brown Make Green, A Money Podcast16: Thoughts on generational wealthThis week we discuss our thoughts on generational wealth. We talk about what generational wealth is, personal wealth vs generational wealth, and how to build it.
What do you think of when you hear 'generational wealth'? Send us a message. We would love to hear your thoughts! Sign up to stay updated here.
In this Episode We Discuss
What is generational wealth
Keys to building generational wealth
The difference between personal wealth and generational wealth
Resources & Related Posts
Get Good with Money by Tiffany Aliche
The Next Millionaire Next Door by Thomas...2022-01-2618 min
BestbookbitsThe Next Millionaire Next Door | Sarah Stanley Fallaw and Thomas J. Stanley | Book Summary👉 DOWNLOAD THIS FREE PDF SUMMARY BELOW https://go.bestbookbits.com/freepdf
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Common Cents on the PrairieThe Secret to Becoming a MillionaireWhen people hear the word “millionaire,” they often think of luxury cars, designer clothes, big houses, and yachts. In reality, your unassuming next-door neighbor could be a millionaire. And if you play your cards right, you could be too! On this episode, Adam sits down with Dr. Sarah Stanley Fallaw, coauthor of The Next Millionaire Next Door. In their discussion, Sarah shares the secret to how ordinary people like you can become a millionaire.Money Personality test – This is an example of a behavioral assessment.Advisor Leadership test – This assessment is designed to help advisors understand their co...2021-10-1326 min
Common Cents on the PrairieThe Secret to Becoming a MillionaireWhen people hear the word “millionaire,” they often think of luxury cars, designer clothes, big houses, and yachts. In reality, your unassuming next-door neighbor could be a millionaire. And if you play your cards right, you could be too! On this episode, Adam sits down with Dr. Sarah Stanley Fallaw, coauthor of The Next Millionaire Next Door. In their discussion, Sarah shares the secret to how ordinary people like you can become a millionaire.
Money Personality test – This is an example of a behavioral assessment.
Advisor Leadership test – This assessment is designed to help advisors understand their co...2021-10-1326 min
The Human Side of Money35: The Tools To Assess, Predict, and Change Client Behavior with Sarah FallawImagine going into a meeting with a complete picture of your client’s money mindset.
You know exactly how they like to communicate about money, that they have a tendency to “keep up with the Joneses”, and that they are likely to panic when the market plummets.
Armed with that information, you would know exactly which behaviors to focus on changing to improve their financial outcomes. But, that kind of information is not readily apparent and difficult to uncover.
Which is why behavioral assessments are on the rise around the industry. They have the ab...2021-09-291h 18
Winning with MoneyE4 - Millionaire MindsetIn this episode, Mike helps you dream big about being a millionaire and how to become one if you choose to. He talks about two books on this subject: Everyday Millionaires by Chris Hogan and the Next Millionaire Next Door by the father and daughter team of Dr. Thomas Stanley and Dr. Sarah Stanley Fallaw. Both books unpack the interesting insights into the lifestyles, behaviors and jobs held by the typical millionaire today. Mike uncovers some common myths, facts and statistics about how millionaires became millionaires. Some of these findings may surprise you! He also shares his t...2021-08-1014 min
Your Financial PharmacistYFP 210: Why Net Worth MattersTim Baker discusses why net worth matters, how to calculate your net worth, and why net worth, not income, is the true indicator of your financial health. Mentioned on the Show Join APhA - Get 25% Off Your Membership with Code: YFP YFP Planning: Financial Planning for Pharmacists eMoney Advisor Seven Figure Pharmacist by Tim Church, PharmD and Tim Ulbrich, PharmD YFP 200: An Interview with Sarah Fallaw of The Next Millionaire Next Door The Next Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas J. Stanley, Ph.D. and Sarah Stanley Fallaw, Ph.D. The Millionaire...2021-07-0129 minYour Financial PharmacistYFP 200: An Interview with Sarah Fallaw of The Next Millionaire Next DoorOn this episode, Dr. Sarah Stanley Fallaw, co-author of The Next Millionaire Next Door and founder of DataPoints LLC, a behavioral assessment advisor fintech company, joins Tim Ulbrich to talk about the surprising secrets of those who achieve millionaire status, how psychology and personal finance intersect, and why it is so important to understand your financial behaviors and tendencies. Mentioned on the Show Insuring Income: Get Quotes and Apply for Term Life and Disability Insurance The Next Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas J. Stanley, Ph.D. and Sarah Stanley Fallaw, Ph.D...2021-04-2237 min
Worth Listening with Lauryn WilliamsBuilding Wealth & Financial Behaviors, With Dr. Sarah FallawThis is the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They want to help you gain financial confidence and clarity to control your destiny. In this episode of the series, Lauryn and Chloé talk with guest Dr. Sarah Fallaw about the financial behaviors that are important for wealth building. Sarah is the co-author of The Next Millionaire Next Door and founder of DataPoints LLC, a behavioral assessme...2021-04-1336 min
Build A Wealthy Spirit#11: Lifestyle InflationIn this episode, Sammie and Michelle discuss the concept of lifestyle inflation. They take a look at different ways they have inflated their lifestyle over the years and show how lifestyle inflation can create golden handcuffs. Avoiding lifestyle inflation is the key to building wealth and gaining financial independence. Show Notes The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley, William D. DankoThe Next Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas J. Stanley, Sarah Stanley Fallaw Status Post Adulting Instagram: @statuspostadultingStatus Post Adulting Gmail: statuspostadulting@gmail...2021-04-0618 min