The Millionaire Next Door | Thomas J. Stanley, William D. Danko | Millionare Next Door
books:
The Millionaire Ne...
The Millionaire Next Door
Thomas J. Stanley
,
William D. Danko
Pocket
, 1998 - 272 pages
average customer review:
based on 791 reviews
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highly recommended
The Basics
You can learn something profound from almost any book. This read is filled of wise advice for those attempting to build wealth or figure out how wealth is built.
The book reviews the habits, tendencies and actions of the rich. Their findings will surprise you and may change the way that you think.
After reading it you may not scoff at the
next
person you see driving a Ford F150 or envy the driver of the most expensive Mercedes.
Millionare Next Door
This is a must read for anyone starting to or wanting to grow rich. It's an everymans money management guide. It is a easy read.
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Excellent book - will make you think twice before buying that new car.
Making a million dollars a year is much different than being worth a million dollars. You may make a million, but if you spend it all your net worth is zero. When looking for
millionaire
s to research, the authors initially looked at the fanciest and highest priced neighborhoods. What they found out was that there weren't many millionaires there at all. This book shows you that those who are actually worth millions do not have the newest cars, the latest gadgets or the biggest houses. They live modestly but have little or no debt. Its amazing to see people everyday falling into the traps this book outlines. Those that are wealthy know they are wealthy and do not need flashy cars and material things to prove it to the world. They don't buy cars, they buy property or other investments which make them more money. While others are borrowing money to maintain their million dollar lifestyle, the true millionaires are sitting back collecting money from their investments.
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The millionaire next door
Everyone should read this book. If you want to be a
millionaire
, see how millionaires act.
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