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The Millionaire Next Door : The Surprising Secrets Of Americas Wealthy

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Title: The Millionaire Next Door : The Surprising Secrets Of Americas Wealthy
by Thomas J. Stanley, William D. Danko, Cotter Smith
ISBN: 0-7435-1782-2
Publisher: Sound Ideas
Pub. Date: 01 September, 2000
Format: Audio CD
Volumes: 2
List Price(USD): $18.00
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Average Customer Rating: 3.86 (537 reviews)

Customer Reviews

Rating: 5
Summary: Excellent book that you should own!
Comment: I fully recommend this book. I was first introduced to Dr. Stanleys work about 10 years ago as I built my own pratice of being a CPA to millionaires. I can attest that his research and his conclusions on the wealthy are highly accurate.

Stanley does a great job of laying out statistical infortmation on American millionaires in easy to follow language. The book flows well through its first three quarters but ends a bit abruptly. Nevertheless it is required reading for anyone who wants to understand or join the wealthy.

One of the most interesting aspects of Stanleys book is the clarity he provides in illustrating that the reality of how most millionaires live is nowhere near as exotic as most non-millionaires presume. This is great book that belongs in your library!

Rating: 5
Summary: An excellent work that will add to your wealth
Comment: Fans of 1,000 page frivilous financial books written by magazine authors or social science books written by "Nixonites" will probably not appreciate this great work by Stanley and Danko.

On the other hand, people who want to learn how to become wealthy, financially free and possibly even a millionaire on the other hand, will enjoy this book.

Saying that just cutting back is all this book is about is like saying just exercise and diet and don't read any exercise or nutrition books.

The Millionaire Next Door is an excellent book. Obviously it bothers some people and that is great. I always go with the guys that run with the ball, people like Stanley and Danko.

Rating: 2
Summary: Same message repeated ad nauseum
Comment: "The Millionaire Next Door" is basically an outline of the consumption habits of millionaires. The main message of the book is that millionaires are frugal. They don't drive flashy cars, they don't take expensive holidays and they aren't brainwashed by the message to consume, consume, consume.

It's a little ironic that millionaires get that way by not enjoying the trappings of their wealth. There are number of other simple yet powerful messages that the book covers. However, after awhile the book becomes repetitive and boring. The writing style is pedestrian and some of the tables are difficult to decipher.

In a sentence the book says that to become a millionaire, live well below your means. Nothing profound, hardly exciting but absolutely true. I wouldn't recommend this book there are better ones available.

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