Loved it and intend to gift it to several loved ones! I wish there were an updated version using more contemporary statistics.
Read early in life
Illuminating from beginning to end, best financial advice for anyone!
Be frugal, save, invest wisely
Wealth = Offense + Defense
Gaining insights that suggest how real wealthy people behave, as opposed to the rubbish presented in media.
Cotter Smith is a rock star. I wish all audio books were performed by Cotter Smith. Purchasing Thomas Stanley's next book, The Millionaire Mind, was largely influenced by the fact that Cotter Smith was once again the narrator.
Average Accumulation of Wealth (AAW) = (age/10) * annual income
Prodigious Accumulation of Wealth (PAW) = 2 * AAW
Under Accumulation of Wealth (UAW) = 1/2 * AAW
This book is not a strategy or "how to" like many other books in the genre, like Rich Dad, Poor Dad or Total Money Makeover. But it provides a different point of view - a statistical point of view - as to the habits and priorities of wealthy people.
this book had a very calming effect on me specifically with regards to spending, budgeting, goals, and my heart's desire to be financially independent!
The book is amazing for the first half. After a while you notice the trends. Later it gives more and more new subjects I hadn't thought about as it pertains to wealth until your paradigm has totally shifted. And thankfully it gives advice!
I found the book interesting and informative. I think most anyone can find useful information in this book no matter you age or income level.
this book has given me tremendous confidence in my past and future actions toward building wealth.
removed the myths and solidified perspectives which are meaningful, practical and effective.