Book Recommendation: Everyday Millionaires by Chris Hogan

Share on facebook
Share on twitter
Share on linkedin

I’ve been a fan of Dave Ramsey since nearly the beginning of my financial career. A mentor of mine used the envelope budgeting method and was a great example to me of being thrifty and charitable. So, I started listening to Dave Ramsey’s radio show and reading his books. With apps available these days like Every Dollar, we don’t have to use the old-fashioned envelopes, but I have remained a fan of him and his methods. I believe that through the techniques he teaches, he has done a great deal of good for individuals and thus the well being of our country as a whole.

Not only have I personally applied some of his methods, but I have also incorporated Dave’s budgeting, emergency reserves, and debt shunning into my financial planning business. I often ask myself, “WWDD—What would Dave do?”

Naturally, when I heard that Chris Hogan, one of the personalities from the Dave Ramsey radio program, had written a book about being a millionaire, my interest was piqued. My wife, smartly, bought me a copy for Christmas and I started reading right away.

In his book, Everyday Millionaires, Chris Hogan examines the characteristics of modern millionaires. Who are they? Where did they come from? What traits do they have in common? In doing so, Hogan busts some widely believed myths about millionaires. According to his research, most millionaires did not inherit their money, did not take colossal risks to get rich, did not have a leg up or unfair advantage, and did not have access to superior education. Instead, most millionaires are fairly ordinary people with normal jobs and unexceptional backgrounds. Hogan weaves data and real-life stories to paint the picture of the modern millionaire.

Hogan also addresses some of the common traits found among these contemporary millionaires that helped them achieve their success. They are typically intentional, goal-oriented, consistent, and hardworking people who take personal responsibility for their lives and choices.

While his study of these men and women is interesting, the greatest thing about this book is the personal takeaways. It fills the reader with hope that financial security is obtainable and that we ourselves are the only real stumbling block keeping us from reaching it.

Hogan fills his book with research, anecdotes, and keen insights to create a motivational text that will move sincere readers to action. I highly recommend turning off the TV and putting down your phone to pick up this book. It may do more than entertain you. It just might change your life.

I help individual investors build and protect their wealth.


WealthGuard Advisors, Inc. is a Registered Investment Adviser.  California Life Insurance license numbers: Casey Murdock #0F01130.

This website is a publication of WealthGuard Advisors, Inc. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. Blog articles and certain content were prepared by a third-party provider. Content should not be viewed as personalized investment advice or as an offer to buy or sell, or a solicitation of any offer to buy or sell the securities discussed. A professional advisor should be consulted before implementing any of the strategies presented. Hyperlinks on this website are provided as a convenience and we disclaim any responsibility for information, services or products found on websites linked hereto.WealthGuard Advisors, Inc. is registered as an investment advisor with the Securities and Exchange Commission and only do business in states we have notice filed. The firm only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. Registration as an investment advisor does not constitute an endorsement of the firm by securities regulators nor does it indicate that the advisor has attained a particular level of skill or ability. All investment strategies have the potential for profit or loss. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment or strategy will be suitable or profitable for a client’s investment portfolio. Our Client Privacy PolicyForm CRS.

This site uses cookies – small text files that are placed on your machine to help the site provide a better user experience. In general, cookies are used to retain user preferences, store information for things like shopping carts, and provide anonymized tracking data to third party applications like Google Analytics. As a rule, cookies will make your browsing experience better. However, you may prefer to disable cookies on this site and on others. The most effective way to do this is to disable cookies in your browser. We suggest consulting the Help section of your browser or taking a look at the About Cookies website which offers guidance for all modern browsers.