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The Millionaire Next Door: The Surprising Secrets of America's Wealthy

Thomas J. Stanley

Paperback | Pages: 258 pages

Rating: 4.03 | 70208 Users | 3149 Reviews

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Title	:	The Millionaire Next Door: The Surprising Secrets of America's Wealthy
Author	:	Thomas J. Stanley
Book Format	:	Paperback
Book Edition	:	Deluxe Edition
Pages	:	Pages: 258 pages
Published	:	October 1st 1998 by Gallery Books (first published October 28th 1995)
Categories	:	Economics. Finance. Nonfiction. Business. Personal Finance. Self Help. Currency. Money

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The incredible national bestseller that is changing people's lives -- and increasing their net worth!

CAN YOU SPOT THE MILLIONAIRE NEXT DOOR?

Who are the rich in this country?

What do they do?

Where do they shop?

What do they drive?

How do they invest?

Where did their ancestors come from?

How did they get rich?

Can I ever become one of them?

Get the answers in The Millionaire Next Door, the never-before-told story about wealth in America. You'll be surprised at what you find out....

Present Books Conducive To The Millionaire Next Door: The Surprising Secrets of America's Wealthy

Original Title:	The Millionaire Next Door: The Surprising Secrets of America's Wealthy
ISBN:	0671015206 (ISBN13: 9780671015206)
Edition Language:	English
Literary Awards:	Independent Publisher Book Award (IPPY) Nominee for Business (Finalist) (1997)

Rating Containing Books The Millionaire Next Door: The Surprising Secrets of America's Wealthy

Ratings: 4.03 From 70208 Users | 3149 Reviews

Discuss Containing Books The Millionaire Next Door: The Surprising Secrets of America's Wealthy

Amazon has recently started a new service called "Prime Reading," in which they offer a limited selection each month of older Kindle titles that Prime members can read for free (which differs from the "Kindle Owner's Lending Library" in that you can check out as many books as you want, versus the Lending Library where you can only read one book a month); and this classic '90s financial self-help book was part of their initial offerings, so I decided "what the hell" and checked out a copy,

I learned that there are seven characteristics or common denominators among millionaires in America. They are: 1.They live well below their means - They are frugal,frugal, frugal. They make more than they can spend. Pretty cool. 2.They allocate their time, energy, and money efficiently, in ways conducive to building wealth - How else did they get there right? Well this goes for those millionaires who didn't inherit their wealth. 3.They believe that financial independence is more important than



I really don't think the 'secrets' are that surprising.This book in a nutshell - be frugal.

Eye-opening and thought-provoking!Very eye-opening and insightful. Reading this book really gets you thinking; among other things, it's motivated me to modify my savings & investment approach. RANDOM STREAM OF CONSCIOUSNESS NOTES AND OBSERVATIONS (and noteworthy passages):--FROM THE PREFACE (written by Dr. Thomas J. Stanley in 2010): "Since 1980 I have consistently found that most millionaires do not have most of their wealth tied up in their stock portfolios or in their homes....Not at any

It's rare that you can find a book that is as boring as it is sanctimonious. But they pulled it off!In a nutshell, millionaires aren't made by extraordinarily high incomes (those people's spending tends to increase as well), in fact they're typically people with merely very good incomes who are zealous about frugality and long term investments. Not a huge surprise actually, but its nice to have numbers to back up the story and they do. Many are small business owners, many don't spend much on

As I read The High-Beta Rich: How the Manic Wealthy Will Take Us to the Next Boom, Bubble, and Bust, this book comes back to me. I read it while my son was in college as a "pre-business" (really "I don't know what I want to do") major. I feared he was developing an unrealistic get rich quick attitude so was pleased to discover this book and give him a copy for Christmas. I wouldn't say it changed his life or mine, but it gave us a framework to talk about work and planning which I found useful.