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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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Thanks to the ever-changing nature of the economy, beginners and seasoned investment professionals alike have to stay on top of their game, always looking for the little bit of knowledge that will help them remain one step ahead of the curve. Whether you’re bearish or bullish, with a large portfolio or a limited budget, these investment-focused audiobooks can provide the perspectives and lessons you need to challenge yourself and grow.

What listeners say about The Millionaire Next Door

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Must read

Very enlightening if you’re interested in learning more about personal finance. Even if you don’t agree with every part of the book, you can still learn plenty from it.

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  • Overall
    5 out of 5 stars

read this book

this book has really changed my view on wealth-building. an important read on what actually financial security looks like vs the high-consumption lifestyle that gets marketed daily!

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Very Enlightening!

This book was written sometime in the 1990’s so the data is a bit dated, but it’s a great book. I have recommended it to my friends and family.

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Pretty good

It was really insightful in the beginning. Started off strong with a lot of facts and statistics. Then, by the middle and towards the end it started to drag on about some tangential points that didn’t have a strong correlation to generating and maintaining millionaire wealth. It was more of a cautionary tale about what to avoid. Kind of a mediocre second half. But the first half was so good that I give it 4 stars.

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    3 out of 5 stars

Good stats and nuggets but long narration

The book contains good stats but the narrative could have been shorter. For example, the author has a chapter dedicated to automobiles and purchasing habits of millionaires.

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Great book definitely worth the read

I really loved this book, it helped me have a different take at my spending habits. A must for financial literacy.

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Great book though outdated

Referenced insights for 1995-2005. It’s 2023, so a bit outdated. With that said, valuable use of my time listening. It puts great perspective on life and what it mean to be a millionaire.

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Loved it!

This what America is made of! So happy that I am part of it! Definitely I will recommend it for my kids

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Very Informative

While full of great examples that still ring true today, the facts and figures make it a little difficult to follow along with as they are 30 years old.

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The statistics

Although the book had a lot of valuable information, it was outdated and doesn’t apply to today’s millionaire.

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