It all starts with where you live. Live in a prestige neighborhood and you will spend more on everything from your car to your watch. Real millionaires understand that living in communities where their neighbors have less net worth than they do naturally leads to spending less. It's easier to be rich when keeping up with the Joneses hardly costs anything. Life satisfaction comes not from cruising down the highway in a chunk of your net worth, but from having the financial resources to choose - to spend time with family and friends, to volunteer, to pursue interests.
Best-selling author of The Millionaire Next Door and The Millionaire Mind and leading authority on the wealthy, Dr. Thomas Stanley uncovers the truth that few people become rich by way of a high income, and even fewer high-income people are truly rich. The good news is that almost anyone can become wealthy - even without a super high income. Just stop acting...and instead start living like a rich person.
©2009 Thomas J. Stanley; (P)2009 Brilliance Audio, Inc.
I really enjoyed The Millionaire Next Door...but I was looking for some ideas on how to apply those principles in my (not always so frugal) life and habits. I thought this book was geared toward that end but instead, it consisted of entire chapters outlining what brands of shoe and types of vodka the rich and pseudo-rich purchase. Who cares? If you get that many millionaires don't drive, dress or drink like our culture thinks they do, then you don't need this book.
If you have read/listened to "millionaire next door", you won't find new ideas in this book. Both these books have the same message... But this one is more emotional and less informative.
If you have not read "millionaire next door", you should definitely prefer it over "Stop Acting Rich".
I really enjoyed Dr. Stanley's first book, "The Millionaire Next Door," but I found this one disappointing. He hits the same topics as the other books, "don't live in a rich neighborhood," "millionaires don't drive expensive cars," "don't buy expensive vodka," "continue to live frugally even once they have money," etc. He goes over these topics over and over again, with each chapter just telling the same point in a little different way. It became so repetetive I stopped listening. I think the authors insights are excellent, but I think the material is simply not broad enough for three different books.
This is a good read if this is your first Dr. Stanley book...but it doesn't come close to other books.
How many words does it take to say that the true rich don't buy expensive Vodka or expensive watches? I wanted to like this book but too many words to keep harping on the same concept. I gave up.
When I started reading this book, I had no idea the long-term impact it would have. Certain patterns that I had were stopped, dead in their tracks. If you want to learn how to act Rich this book will help you. If you are like me and actually want to be a millionaire this book gives clear insight in so far as how to do so. After discussing this book with my cohort, the adages are not new: Live frugally and save money.
The first few chapters were good and the rest was just more of the same
Yes. I have listened to other books that were much better
If you enjoy statistics you will love this book.
Fewer statistics. Stop reiterating the same point over and over. We get it, people who act rich buy Grey Goose, Italian sports cars and act rich... the rich really don't do this... Got it. Enough with the stats tell me a story, get my attention. Tell me how to NOT act rich, tell me what the rich really do but enough already!
yes... slow and boring.
zzzzz..... oh sorry I fell asleep. What was the question?
There's about 20%, if that, of solid content here. The rest is the same topics hashed over and over. Seriously, how many ways can you say that the wealthy wannabe's overspend on their preferred liquor brand? Apparently plenty if you find different ways to say it and various stories to weave it into. Same for cars, watches and houses. The book's premise culled down to one statement? Don't spend above your means. The end.
I liked his first book, The Millionaire Next Door. If you've read that book, you're good. There is absolutely nothing new in this one.
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