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The Millionaire Next Door  By  cover art

The Millionaire Next Door

By: Thomas J. Stanley Ph.D., William D. Danko Ph.D.
Narrated by: Cotter Smith
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Publisher's summary

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? Get the answers in The Millionaire Next Door, the never-before-told story about wealth in America. You'll be surprised by what you find out.
©2000 Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D. (P)2000 Simon & Schuster, Inc., All Rights Reserved, SOUND IDEAS is an Imprint of Simon & Schuster Audio Division, Simon & Schuster Inc.

Critic reviews

"The implication of The Millionaire Next Door is that nearly anybody with a steady job can amass a tidy fortune." (Forbes)

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What listeners say about The Millionaire Next Door

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Eye opening findings and helpful insights

I learned quite a bit with the first listen that I've started a repeat.

The findings presented in the book were eye opening to me. Before I also had that misconception of who the wealthy really are. I thought the people who drive luxury cars and wear expensive watches were rich. But according to the authors' definition of wealth the rich don't even spend $500 for a watch and would buy used cars.

The stats might sound a bit dry but provide context to the analysis. The last part of the book can be helpful to those who look for ways to target the wealthy.

Definitely one of the books I read in 2011 that had an impact on me.

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Mind Shift

This book will certainly change the course of my life and how I think about money and wealth!

I highly recommend!

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    4 out of 5 stars

if u plan to make more than avg money must read!

great information but some stuff really boring especially in the beginning. the stuff about gifts and spoiling family is amazing info. if u plan to make more than average money through job or business u must read/listen to this book. I listen on long road trips. kept me awake.

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Excellent Story, that tells a lot about the USA

What did you love best about The Millionaire Next Door?

I love knowing that the reason Millionaires become so is because they don't buy status artifacts. I also now know that providing too much support for your children is worse than not supporting them at all

What did you like best about this story?

The comparisons

Which character – as performed by Cotter Smith – was your favorite?

The doctors, the wealthy one and the status one.

Was this a book you wanted to listen to all in one sitting?

No I listened as I drove, I drive a lot.

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excellent and relevant

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.

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    4 out of 5 stars

I had to Google frugal

I'm only 26 so about 1/3 of the book was not relavent to me . but the other 2/3 was very interesting

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    5 out of 5 stars

Very insightful.

Helped me put my financial goals in the forfront of my mind. Also was very motivating and thought provoking for what kind of lifestyle I want to live.

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  • V
  • 01-01-18

Must Read for Wealth Economics!

This was a fantastic read - do yourself a favor and drink in this wisdom! This book did an amazing job of breaking down typically complex wealth building concepts, and turning it into bite sized applicable pieces. I never expected to learn about establishing wealth habits in children as well as myself! I get why this book has so many recommendations from people with the wealth results I want in life.

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Wow, just wow

If your plan is to become financially stable, you must read this book. I convinced myself to read it twice even though it's a fairly long one. Very good research!

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Mind opening

The book is a mind opener, you'll start being more frugal as the book teaches and your life might get better if yoy stick to it.

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