How does a best-selling author like Harlan Coben manage his money? Well, you can read this Bankrate.com article and find out. His secret? Thrift. "My wife and I both were raised to be extraordinarly cheap. I still am to this day. It's not like I spend a lot of the money that I'm lucky enough to be making," he tells writer Jay MacDonald

Now, when the royalties from your Magnum Opus start rolling in, you'll know what to do with the money, at least before you give it to the Bill and Melinda Gates Foundation.