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Thomas J. Stanley and William D. Danko - The Millionaire Next Door: The Surprising Secrets of America's Wealthy Books

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Thomas J. Stanley and William D. Danko - The Millionaire Next Door: The Surprising Secrets of America's Wealthy Books
 
 
 
 
 
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Product Review

Who is The Millionaire Next Door

by   JoeMatukonis ,   Jul 12, 2003

Pros:  Helpful information, written in a manner that you can understand and apply

Cons:  none

The Bottom Line:  This book is a must read for anybody who wonders what steps it takes to build wealth or to preserve wealth.

Overall Rating: 5/5 stars
 

Author's Review

Recently, I was browsing through my local Waldenbooks and I came across Dr. Stanley Thomas and Dr. William Danko's The Millionaire Next Door. I browsed through the book and decided to purchase it. As I was reading the book, I realized that I was glad that I purchased it.

Dr. Stanley and Dr. Danko offer an insight into how a millionaire's mind works and how the mind of would-be millionaires work. They offer an insight into how high-income producers usually fall into the category of under accumulator of wealth (UAW). They also talk about how people that you would not think of as being wealthy (i.e contractors) become wealthy by being prodigious accumulator of wealth (PAW).

Some of the other beneficial material that they present is that many wealthy people live far below their means. They also believe that most wealthy people take the time to budget and allocate their spending in order to be a PAW.

This book is a great read for anybody, whether you are just starting to build your wealth or if you are someone wondering why you have a high-level income but no net worth.
 

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Format: Hardcover, Publisher: Natl Book Network (October 01, 1996), ISBN: 9...

Format: Hardcover, Publisher: Natl Book Network (October 01, 1996), ISBN: 9...

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The Millionaire Next Door: The Surprising Truth about Wealth in America exposes for the first time how ordinary Americans get and stay rich--withour i...
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Format: Paperback, Publisher: Pocket Books (October 01, 1998), ISBN: 978067...

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Pages: 272, Paperback, Pocket
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Format: Hardcover, Publisher: Natl Book Network (October 01, 1996), ISBN: 9...

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Pages: 256, Edition: 1st, Hardcover, Longstreet Press
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Format: Audio - Compact Disc, Publisher: Simon & Schuster (September 01, 20...

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In this phenomenal #1 bestseller, Stanley and Danko reveal surprising secrets about America s millionaires-- and provide a valuable blueprint for impr...
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Format: Paperback, Publisher: Pocket Books (October 01, 1998), ISBN: 978067...

Format: Paperback, Publisher: Pocket Books (October 01, 1998), ISBN: 978067...

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Pages: 272, Paperback, Pocket
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Format: Hardcover, Publisher: Natl Book Network (October 01, 1996), ISBN: 9...

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The textbook, Millionaire Next Door : The Surprising Secrets of America's Wealthy, by Thomas J. Stanley and William D. Danko, available in Hardba...
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Format: Other - , Publisher: Simon & Schuster (June 01, 2006), ISBN: 978074...

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Who are the rich in this country? What do they do? How do they invest? How did they get rich? Can you ever become one of them?...
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Format: Hardcover, Publisher: Natl Book Network (October 01, 1996), ISBN: 9...

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Pages: 256, Edition: 1st, Hardcover, Longstreet Press
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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 ...
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In The Millionaire Next Door, read by Cotter Smith, Stanley (Marketing to the Affluent) and Danko (marketing, SUNY at Albany) summarize findings from ...
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