The Millionaire Next Door: The Surprising Secrets of America's Wealthy
How can you join the ranks of America's wealthy (defined as people whose net worth is over one million dollars)? It's easy, say doctors Stanley and Danko, who have spent the last 20 years interviewing members of this elite club: you just have to follow seven simple rules. The first rule is, always live well below your means. The last rule is, choose your occupation wisely. You'll have to buy the book to find out the other five. It's only fair. The authors' conclusions are commonsensical. But, as they point out, their prescription often flies in the face of what we think wealthy people should do. There are no pop stars or athletes in this book, but plenty of wall-board manufacturers--particularly ones who take cheap, infrequent vacations! Stanley and Danko mercilessly show how wealth takes sacrifice, discipline, and hard work, qualities that are positively discouraged by our high-consumption society. "You aren't what you drive," admonish the authors. Somewhere, Benjamin Franklin is smiling.
A New York Times bestseller for eighty-nine weeks. Learn the seven common denominators that show up again and again among people who have built their personal fortunes from scratch--then put these lessons to work for you!
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778 Reviews
| From: Amazon Posted: Jun 17, 2008 Type: User Review |
Overrated
While the book has some interesting insights into the wealthy, what is the point of amassing a fortune if you're living well below your means? If you're looking to make some money I recommend you read some books on investing. Phil Town's book...
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 1.00/5 |
| From: Amazon Posted: Jun 11, 2008 Type: User Review |
Great read!
Descriptions from interviews of millionaires were the most interesting aspects of this book. The authors occasionally cited actual paraphrases from some of these folks and those statements were often impactful.
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 4.00/5 |
| From: Amazon Posted: May 28, 2008 Type: User Review |
Great book
I am a financial advisor and I frequently loan this book to clients and they usually love it. Its also a great book to give to young people. It really gets across the message that you don't have to make a lot of money to be wealthy, you just...
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 5.00/5 |
| From: Amazon Posted: May 24, 2008 Type: User Review |
Common Sense for the financial disciplined
This book just gives stats behind what should be common sense. If you save your money and stay away from the flashy things in life of course you will be better off in the long run....financially. I think we should all remember the fine line...
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 2.00/5 |
| From: Amazon Posted: May 23, 2008 Type: User Review |
Teaching me More than I was Ever Taught about Money
I'm a single woman in my early 30s, my parents are middle-class and doing okay. The only thing i was taught as a kid was "save your money" or "dont spend it". that went in one ear and out the other. i never had it in my mind to rely on a man or...
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5.00/5 |
| From: Amazon Posted: May 05, 2008 Type: User Review |
Must read
I wish everyone would read this book. You assume someone to be rich because of their car, or clothes. That just proves that they waste more money and probably go into debt for it.
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5.00/5 |
| From: Amazon Posted: May 02, 2008 Type: User Review |
The Millionaire Next Door
A Great book with expert advice- too many charts, but the case histories were great and wonderful advice for parents tempted to spoil their children by financing their lives after they are finished with their education. Married children get to...
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5.00/5 |
| From: Amazon Posted: Apr 30, 2008 Type: User Review |
A solid foundation on the habits necessary for wealth accumulation
Financial books providing insight into the attitudes and mannerisms required to accumulate wealth generally focus on a lot of theory. The Millionaire Next Door presents a straight forward account based on research and feedback from qualified...
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4.00/5 |
| From: Amazon Posted: Apr 08, 2008 Type: User Review |
Not what i was looking for..
This book was written based from research that was conducted through the usage of surveys that were taken in 1995. They basically accumulated information from 1000 american millionaires regarding their methods of house-hold finance, behavior,...
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1.00/5 |
| From: Amazon Posted: Apr 06, 2008 Type: User Review |
Dated, but helpful
I had always heard about this book and was eager to finally read it. Unfortunately it was somewhat disappointing. The data is getting dated. The message, while sound, is so oft repeated that it gets a little boring. However, I enjoyed very...
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 3.00/5 |
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