Good Luck Ally!

This year’s summer intern holds a special place in my heart. Thanks Ally for all your hard work and your contributions to our firm. Good luck as you return to The University of Iowa for another great year of college! @westallyb @LKBWest

The Millionaire Next Door

Why is it people tend to think wealthy people are lucky, inherit their money, or worse, cheat? While this may be true in some circumstances it is not the case the majority of the time. Although dated, the book "The Millionaire Next Door," provides demographic statistics on the behaviors of millionaires, many of which may surprise you. According to the book, 80% of the millionaires are first-generation affluent. That means they did not inherit their wealth; they earned it. Did you know that 83% of the millionaires attended public elementary and high schools? And, millionaires typically live frugally and on average save and invest 20% of their household income for their future financial go

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