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The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy
The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy
The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy
Audiobook8 hours

The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy

Rating: 4.5 out of 5 stars

4.5/5

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About this audiobook

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?

How did they get rich?

Can I even become one of them?

Get the answers in The Millionaire Next Door, the never-before-told story about weath in America. You'll be surprised at what you find out....
LanguageEnglish
Release dateSep 1, 2000
ISBN9780743561273
The Millionaire Next Door: The Surprising Secrets Of Americas Wealthy
Author

Thomas J. Stanley

Thomas J. Stanley is the bestselling author of The Millionaire Mind and The Millionaire Next Door, which have sold more than 3 million copies worldwide. A recognized authority on the lifestyles and behaviors of the affluent, Dr. Stanley is frequently quoted in the Wall Street Journal, New York Times, Forbes, and other major publications. He has appeared numerous times on The Today Show, 20/20, and Oprah. Visit Dr. Stanley at www.thomasjstanley.com.

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Reviews for The Millionaire Next Door

Rating: 4.607218683651805 out of 5 stars
4.5/5

471 ratings54 reviews

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  • Rating: 4 out of 5 stars
    4/5
    good beginning, good ending, some good stuff in the middle, but allot of it felt like filler

    1 person found this helpful

  • Rating: 5 out of 5 stars
    5/5
    It is nice book for someone who wants to become wealthy.

    1 person found this helpful

  • Rating: 4 out of 5 stars
    4/5
    A little bit dated but very good insights into the fact that most of the millionaires in USA built their wealth slowly over time by spending cautiously, saving vigorously and planning meticulously. Highly recommended for folks who doubt if they will ever accumulate enough wealth to be financially independent.

    1 person found this helpful

  • Rating: 2 out of 5 stars
    2/5
    Very basic - spend less than you earn. What the book really comes down to is how people view wealth. Needs to be updated.

    1 person found this helpful

  • Rating: 5 out of 5 stars
    5/5
    This book is Fantastic. The basic premis is that those who are truly wealthy aren't necessarily the ones who "appear" wealthy. Becoming wealthy is about being frugal and smart with money.

    1 person found this helpful

  • Rating: 3 out of 5 stars
    3/5
    Alright, but I wasn't a big fan of the writing style. It seemed to repeat the same points too much, and lose the reader's interest in a whirlwind of statistics. I'd consider "Your Money or Your Life" by Vicki Robin and Joe Dominguez as an alternative to this book.

    1 person found this helpful

  • Rating: 4 out of 5 stars
    4/5
    This is a great book to illustrate the myth that is wealth in this country. Done right, anyone can be come wealthy, provided they don't succumb to the typical temptations of spending common in this consumer nation.

    1 person found this helpful

  • Rating: 4 out of 5 stars
    4/5
    Most of this book is quite dated with the exception of its central themes. Who are the millionaires in America and how did they accumulate their wealth? Also great stuff on raising children to be independent and self-sufficient. Why don't they teach this stuff in high school? Why do people still fall into the same conspicuous consumption lifestyle trap? People just don't want to hear it, I guess. But I say: "hold your nose and eat your spinach. You will be better off in the end."

    1 person found this helpful

  • Rating: 2 out of 5 stars
    2/5
    Uninteresting. This popular book that propounds to tell you the 'secrets' of real millionaires, and especially how they got that way, can be summed up in one phrase: spend less than you earn.There; I've saved you the couple of hours you'd otherwise need to skim through this one.

    1 person found this helpful

  • Rating: 3 out of 5 stars
    3/5
    You get to know the common basics of millionaires, yet it is specificly targete the American millionaires behaviors
  • Rating: 3 out of 5 stars
    3/5
    Liked the book, but it needs to be updated. Principles are the same.
  • Rating: 4 out of 5 stars
    4/5
    The basic message is that you can look rich or you can be rich, but not both. Rather than being advice on saving and investing, it's many many examples of how materialism and conspicuous consumption interferes with long-term financial security. Which is hardly debatable, but I'm not sure how many readers will be helped by that. This is very much written for people in their 50s who have already done some investing. A lot of jargon goes undefined and there is all kinds of advice on providing financial assistance to your already-adult children (basically, don't ever do it). The authors themselves are snobs of the genteel poverty sort. Teachers/professors (like them!) are declared the only group that can be trusted to handle money sensibly and the actual millionaires are all portrayed as clever and realistic but also total redneck hicks. I also really disagreed with their assertion that doctors, lawyers, executives etc have literally no choice but to live extravagantly -- that their career success depends on their car, wardrobe, and neighborhood. Do you really know what neighborhood your doctor lives in and what kind of car they drive? Are you a stalker? And since when do the wealthy shop at Eddie Bauer? There are many paranoid references to 'liberal politicians and their friend the tax man' coming after you. And charitable contributions are strongly discouraged. Some advice really is sensible. Especially the idea of living in a lower-income neighborhood than you can afford, so the Joneses don't temp you with their stuff. And there's a whole chapter on car buying, which may be helpful for those of you who drive. But get it from the library.
  • Rating: 5 out of 5 stars
    5/5
    Rated: A-Absolutely a must read especially for young adults just starting their careers. Wish I knew and had the discipline to follow their simple advice toward wealth accumulation rather than income spending. At least I trying to teach our kids the value of tithing, saving and investing. Great book also for entrepreneurs whose net worth is growing the businesses.
  • Rating: 4 out of 5 stars
    4/5
    I liked this a lot. Reminds me now of Jim Collins work. Everything here is based on an extended profile and basic stats from surveys. It is all based on data -- not on theory or ideas from academics or others. There are specific vignettes, both of real millionaires and of folks who have a high potential to be millionaires based on their income, but are not. I would recommend this read, whether you are aspiring to be a millionaire or not; or a millionaire or not. Somewhat sociological too - tends to lead to clustering ideas that you'd like if you enjoy classifying people by tastes and consumer behavior. I'll never forget what is says about the car buying and maintenance habits of most millionaires.
  • Rating: 5 out of 5 stars
    5/5
    I love this book and I gained a lot from the book.
  • Rating: 3 out of 5 stars
    3/5
    It was either the app or this audiobook that did not save my place correctly several times. I found myself listening to the same material over and over again.
  • Rating: 2 out of 5 stars
    2/5
    Very basic - spend less than you earn. What the book really comes down to is how people view wealth. Needs to be updated.
  • Rating: 5 out of 5 stars
    5/5
    Reading this book at 17 has made me quite disappointed at myself and the future i had planned. However, it is worth noting that I have changed my mind on quite about everything concerning wealth. This book is a work of art.
  • Rating: 4 out of 5 stars
    4/5
    This audiobook was well put together and the information in the book seemed to be meticulously organized. Great book for a peek into the frugal lives of the secretly wealthy.
  • Rating: 2 out of 5 stars
    2/5
    The only take-away is wealthy people invest/save more than they spend and live modestly .... Unless this is your very first book on money, the advice is pretty basic and the rest of the book is just on the academic research and boring statistics about how much millionaires spend on pants, watches, cars, etc down to the cents ?‍♂️...I couldn't go through with it all ?
  • Rating: 1 out of 5 stars
    1/5
    This book is extremely outdated and sexist. Didn’t make it further than 3%.
  • Rating: 5 out of 5 stars
    5/5
    Ce livre est formidable. Alors que Rich Dad Poor Dad vous ouvre la porte du mindset des riches, là on nous détaille vraiment le comportement des millionnaires ordinaires.
    Et si je savais qu’il fallait faire grossir mes actifs et faire travailler l’argent pour moi, les nombreux exemples et explications de ce livre sont inspirants et concrets.
    Le millionnaire d’à côté agit toujours à contre-sens du fastueux et dans le sens de la frugalité.
  • Rating: 5 out of 5 stars
    5/5
    Unbelievable insight into how a millionaire is made. Defense is always greater than offense.
  • Rating: 5 out of 5 stars
    5/5
    I thought it was a very well written book. I had put off reading it for sometime, so happy I picked up this audiobook. Very much enjoyed the voice and was very well read and easy to listen to.
  • Rating: 5 out of 5 stars
    5/5
    One of the most life changing books, I've read this year.
  • Rating: 5 out of 5 stars
    5/5
    This book was the second book I’ve listened to this year, the first one being Getting to Yes. The guy reading this one was much easier to listen to. The book was interesting and the statistics caught my attention for most of the book.

    There were a few instances I caught myself thinking about something else, but I think overall the book was an awesome listen. I recommend this and reading A Simple Path to Wealth for anyone that hasn’t read it. The next on my list is either Rich dad poor dad, or The Richest Man in Babylon.
  • Rating: 5 out of 5 stars
    5/5
    The EOC part was eye-opening to me. It was describing my experience.
  • Rating: 4 out of 5 stars
    4/5
    The message is clear. Don't assume that the guy cruising around in the flashy Mercedes wearing the $1,500 suit is drowning in dollars. Likewise, don't be surprised if you're humble neighborhood barber is a millionaire. Stanley offers some common sense yet interesting observations involving the accumulation of wealth.
  • Rating: 4 out of 5 stars
    4/5
    Solid research and real examples make clear that millionaires don't fit the common stereotypes. This was my second reading, having read most of it in the bookstore in SF the year after it came out. Especially noteworthy are the common denominators of frugality, taking advantage of opportunities, and choosing the right work.
  • Rating: 4 out of 5 stars
    4/5
    Good reminder that failure is normal and to save money