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

from $12.60 1 offer
Thomas J. Stanley and William D. Danko - The Millionaire Next Door: The Surprising Secrets of America's Wealthy Books
 
 
 
 
Lowest Price!
Audible.com
 

User Review

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34 out of 35 people found this review helpful.

Save your money, I'll tell you how to become a millionaire on epinions.com's dime

Date of Review: Dec 23, 1999

I tell you what... I'm going to save you a lot of money right here right now on epinons and tell you the secrets I learned from this book. The best way to become a millionaire is to write a book, give it a snappy title like "Become a millionaire by using less toilet paper" or maybe "I Became a Millionaire by Not Loosing my Wallet Weekly" or "Become a millionaire by inheriting daddy's oil company", and then promote the hell out of it. Ok, I didn't learn that from reading this book, but I did learn it after I got this book as a gift.

The book itself is an article in book's clothing. The book could really be summed up in a short article or a series of article in any financial magazine. The most annyoing ascpect of the book is that it takes a simple concept in a chapter and beats the idea to death. Ideas that can simply be stated and explained in a example or two are dragged out in tens of pages.

The book doesn't shed any light beyond pure common sense. For instance, there's a very small percentage of the population which are truly rich and do not need to worry about money. They can be flashy and waste their money on jewel covered collars for their dogs or on jumbo jets or whatever else they want to buy. Then there are the rest of us. We have the potential to become millionaires. However, to do so, we can not behave like the stereotypical rich person that we want to be. We can't buy a $200,000 boat when we only have $800,000... and so on. We need to scrap, save, clip coupons, etc. like we always have so that potentially wasted money can continue to build our wealth.

The only positive about the book is that it drives home these obvious points. We all may know how to save money and build wealth, but we may not truly believe that clipping coupons, bargain shopping, etc. will actually turn into any true money.

  1.0

by: pboy
Recommended to buy: No

Pros
drives several common sense ideas home
Cons
this book could be summed up in a couple of pages
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