The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Author: Thomas J. Stanley, William D. Danko
List Price: $14.95
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ISBN: 0671015206
Publisher: Pocket Books (October, 1998)
Sales Rank: 226
Average Customer Rating: 3.86 out of 5
Customer Reviews
Rating: 4 out of 5
There is no level of income you can't outspend.
I just finished rereading MillionaireNext Door for the third time, it's a great book, must reading for everyone and anyone serious about their financial future. I have also read some of the reviews. It seems that some people have confused the term "frugality" with "cheap". But I'll bet all of those detractors of this book are also paycheck to paycheck and deep in hock. Yes they may show all of the trappings of wealth; high profile job, beautiful house, 2-3 cars, beautiful clothes and jewerly etc., etc.But what is their net worth???? A key phrase is that there is no level of income that you can't outspend. You may make a million dollars per yearand live a beautiful lifestyle, but if you're spending 125% of your income, guess what, you're still BROKE! Along with Millionaire next door, I also suggest, particularly to the naysayers, "You earned it, don't lose it" "More Wealth without Risk" and "Financial Self DeFense" Money is somewhat like health. Many people just don't understand it's valueuntill it's too late!
Rating: 5 out of 5
If you were to buy just one financial book....
Make it The Millionaire Next Door. Fans of 1,000 page+ fluffy books written by magazine authors with no financial credentials will not like this book. Former Nixonites who take cheap shots at the rich and attack without basis or fact and write stupid books will not enjoy this book either. Nor will spendthrifts. The get rich quickies won't enjoy this book either.If you are like me and are looking for a proven program that really works and has been explicitly researched, then this book is for you.
Tony Robbins talks about modeling. If youw ant to be rich, doesn't it make sense to model the rich? This book and The Millionaire Mind shows you how the rich think and how they become rich.
And unlike some other books, there is no fluff here. It does take discipline though and discipline is tough.
Also recommend Awaken The Giant by Tony Robbins and More Wealth Without Risk by Charles J. Givens.
Rating: 5 out of 5
great
I feel that this is a book gives many good suggestions which can help someone become a succesful person in life. I learnd a lot from reading this book. it really gave me a new idea on who the millionaires are in the us. I believe that everyone should at least read part if not the whole thing. Similar Products
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