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The Millionaire Next Door Analysis

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The Millionaire Next Door
“Affirmative Action, Family Style” Jayla Helton
ECON 202
Summary
In this chapter, many will learn that parents give money gifts to their children that are either one unemployed or two do not work. This chapter describes the difference between Housewife A and Housewife B. Type A tend to marry successful men that have a good income, great leaders, volunteer at a lot of local organizations, and intelligent. Type B are viewed as needing economic outpatient care, always needing support, never leader or volunteer, and live close to their parents. People that are full time employed, often never receive cash gifts from parents. One will learn the huge difference between Beth and Ann. Beth and her family depend on her parents to keep them economically stable. The husband works for Beth's dads business, in which the parents look at him to be their handyman. They treat Ann totally different, Ann’s husband is treated with respect by her parents, and they are economically stable with their own money. One will also learn the rules for affluent parents and productive children.
Response
At the beginning of the chapter, it discusses how parents often give money to their adult children who are unemployed or do not work. My parents are the …show more content…

Ann reminds me a lot of my sister. Although my sister is not married nor does she have a family, she is already economically stable. Having a job while she was going to school to be a Physical Therapist Assistant, helped her realize to never take advantage of money. Learning that, has helped her learn how to save money today. Each check she receives, she puts so much in the bank, and keeps so much money with her. In The Millionaire Next Door, Ann did not except her mother to provide her with money each week, and neither does my sister. She has learned that our parents have more than just gas, food, and car insurance to pay

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