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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)

What members say

Average Customer Ratings

Overall

  • 4.5 out of 5 stars
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Performance

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Story

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  • Overall
    5 out of 5 stars
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    5 out of 5 stars
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    5 out of 5 stars

WONDERFUL!!! MUST READ!!!

Just so incredibly insightful! Simple ways for ANYONE to look at how they can save a bit more and more long term approach!!! One of the best books I've listened to in a while!

1 of 1 people found this review helpful

  • Overall
    4 out of 5 stars

The Millionaire Next Door (Unabridged}

Very insightful!
The book has a lot of info packed in it.

1 of 1 people found this review helpful

  • Overall
    3 out of 5 stars
  • Lisa
  • Matthews, NC, USA
  • 01-27-05

Good, but not great

I thought this book offered some very interesting insights into the "typical" millionaire and what they do in contrast to typical high-income earners. However, the book addresses several topics repeatedly, which is a waste in my opinion.

5 of 7 people found this review helpful

  • Overall
    2 out of 5 stars
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    2 out of 5 stars
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    1 out of 5 stars
  • Michael
  • Greenback, TN, United States
  • 11-12-11

Not nearly as interesting as I thought it would be

I thought this was going to be an interesting inside view into the lives of millionaires....who they are....how they got there. In fairness, I suppose it has some of that but it's delivered with a level of excitement comparabe to an accounting teacher reading from an Excel spreadsheet. The book could be reduced to a pamphlet-sized document that says, "If you aren't getting rich, you're spending too much money."...... over and over and over.

Initially I was very excited about this book but it turned into a struggled to find the will power to finish it. If it weren't for the fast-forward button, I wouldn't have made it. Particularly frustrating was the authors tendency to explain a simple subject with nauseating repetition. He went on and on and on about the right and wrong way to buy a car (according to millionaires of course). After I got the point, I rode the FF button a long time to get through that section.

Besides the repetition, the authors tone was the next most irritating quality. It wasn't enough to just explain methods millionaires us to be successful....he presents it in terms of smart vs. dumb. The frugal people do everything right and the non-wealthy people do EVERYTHING wrong. It was so heavily biased that I expected him to say that non-wealthy people produce ugly babies. He gives lots of kudos for people that don't take vacations, don't buy nice things, and save every penny while those that travel the world and/or enjoy doing things that require spending money are presented as inferior. I don't want to be too hard on the author but his presentation makes me think that he would charaterize Ebenezer Scrooge as one of the "smart" people.

The book provides interesting information about the habits of wealthy people but I was left with the highly unexpected feeling that I wasn't sure I wanted to be like them. Most of them try to live as close to poverty as possible. Memories of special occasions are described by most people I know as priceless. These people appear to prefer a mizer's life of pinching every penny. No thanks.....

PS. He LOVES the word "prodigious". That word actually got stuck in my head and echoed for days after listening to this book.

17 of 26 people found this review helpful

  • Overall
    5 out of 5 stars
  • Adam
  • Arnold, MO, USA
  • 04-28-04

Great to listen to and insightful

I listen to this book once on month - great to listen to with easy to understand examples.

4 of 6 people found this review helpful

  • Overall
    1 out of 5 stars
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This book is terrible

This book could be one sentence. If you want to be wealthy save more than you spend. Not useful

2 of 3 people found this review helpful

  • Overall
    4 out of 5 stars
  • Scott
  • Orlando, FL, USA
  • 03-13-05

An Eye Opening Experience

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!

2 of 3 people found this review helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
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    5 out of 5 stars

Read it for yourself and your children

Excellent book. Dated research, but certainly still timeless and applicable information. It’s a must read for my family.

  • Overall
    4 out of 5 stars
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    4 out of 5 stars
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    5 out of 5 stars

Still a classic.

While a lot of data is dated the concept still holds true. Because of this book should be required reading in high school economics.

  • Overall
    5 out of 5 stars
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    5 out of 5 stars

Amazing read or should I say Listen!.

great book! was able to complete my work an listen to the amazing chapters one after the other with out any problems

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    4 out of 5 stars
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    3 out of 5 stars
  • Amazon Customer
  • 01-15-16

Lots of stats

predominantly stats, but good info none the less. I can tick it off of my list of books to listen to now.

  • Overall
    5 out of 5 stars
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  • SALLY
  • 12-02-15

Inspiring stories of ordinary people...

I really enjoyed this book as it is an undeniable collection of data and stories illustrating how ordinary people have accumulated wealth with daily habits and commitments to their goals. It is an eyeopener in places, especially for those of us who feel we have been striving for many years with little progress. I am sure there is something to be learned in this book for everyone. The narration is perfect for the topic and content and is very easy to listen to.

0 of 1 people found this review helpful

  • Overall
    3 out of 5 stars
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    5 out of 5 stars
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    3 out of 5 stars
  • Reacher14
  • 04-15-15

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

0 of 1 people found this review helpful