©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.
"The implication of The Millionaire Next Door is that nearly anybody with a steady job can amass a tidy fortune." (Forbes)
A phenomenal book worth listening to. If you want a financial paradigm shift, The Millionaire Next Door can definitely help get you there. It's eye opening!
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.
"Makes money sense"
Sobering read in todays instant gratification world. The chapters in this book will shift most peoples paradigms on wealth and its accumulation. The book provides a sages worth of attitude changing insights into why individuals need to be more conscious of money management. It indirectly also provides hope that with the right money and investment attitude, regardless of the level of current income, one can make steady progress towards a significantly improved financial position over the long run.
Fantastic this book has changed my life. This book is also recomended to me by Brian Tracy
"Interesting in parts"
Liked the formulae to track your wealth.
Always been a pay your self first investor never knew there was a term for it
Report Inappropriate Content
If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.