Everyday Millionaires

Publisher's Summary

Everywhere we turn, we hear negative financial news - that the American Dream is dead or that the little man can’t get ahead. Our culture feeds us the lie that it’s impossible to become a millionaire in America today, but it’s time you heard the truth.

In his newest book, Everyday Millionaires: How Ordinary People Built Extraordinary Wealth - and How You Can Too, Chris Hogan destroys millionaire myths that are keeping everyday people from achieving financial independence. Chris and the Ramsey research team surveyed over 10,000 US millionaires, discovering how these high-net-worth people reached their financial status. And the formula might surprise you.

Millionaire status doesn’t require inheriting a bunch of money or having a high-paying job. No. The path to becoming a millionaire is paved with more-ordinary tools - tools that you either already have or that you can learn. If you thought you could never become a millionaire, think again. Listen and learn from over 10,000 everyday millionaires who have done it and believe it’s possible for you too.

©2019 Ramsey Press (P)2018 Ramsey Press

good book but wish it explained more how...

recap - take advantage of company 401k, avoid credit card debt at all cost (trust me) live below your means, put money into ira account, save save save, and in 20 to 40 years youre a millionaire.

11 of 11 people found this review helpful

Please don't expect much

I am not opposed to Dave Ramsey and his life-changing plan, especially as he motivates one to change their attitude. That being said, this book is extremely lacking. Based on the description I anticipated and was looking forward to a new take on "The Millionaire Next Door" or "The Millionaire Mind" (which Hogan actually references in this book). Unfortunately this book is nowhere close, lacks substance, repeats many concepts already stated in previous Hogan and Ramsey books, and then seems unapologetic about the constant Ramsey Solution plugs. Having read both of Dr. Stanley's books, I would rate them as a 10 and this book as a 2. The useful concepts in this book can be summarized as changing one's attitude, the tortoise and the hare, and is frankly better suited as a 4 minute blog than a multi-hour book. The stories of everyday millionaires are thin, the data is lacking, and the chapters all feel the same. Sorry, Chris.

22 of 23 people found this review helpful

Worste book I have listened to yet

This is my second Chris Hogan book thus far and neither have impressed me. Expecting this book to be as good as The Millionaire Next Door or Total Money Make Over, I was greatly disappointed. It seems like Chris and his staff wrote this book in portions and then jammed it together because the content is continually redundant and the data from the "10,000" people interviewed is repeated over and over. With all of that data, an opportunity was truly missed here. In the audio book taping, there are areas early in n the book where sentences were repeated twice. Seems to be very poor editing. The other annoyance is that some of the stories are directly repeated from How to Retire Inspired. Not sure I will buy from this author in n the future...

6 of 6 people found this review helpful

Disappointed

Not really any "new" info or ideas. I listened to the radio show for a couple of months and this is just the exact same thing... You can hear for free on the radio show. I love Ramsey solutions but this book was a waste of time.

3 of 3 people found this review helpful

Not what I expected...

I didn't find this information very valuable. If you already listen to Dave Ramsey or Chris Hogan then there is no point in reading this book. Chris does bring a positive outlook to retirement planning but this book just regurgitates information that we have all heard before.

3 of 3 people found this review helpful

Lacking substance

The book had very little data and instead was mostly a 6.5 hr pep talk on the basics of budgeting. If 10,000 millionaires were part of the sample there should have been a lot more substance in the book. Without that “research” being a consistent point of reference my expectations would have been more along the lines of a simple motivational book. Based on how the book was positioned I expected something closer to Millionaire Next Door which changed the paradigm of the everyday millionaire and how they live life. That book and the Stanley’s proceeding books was rich with content...pun intended. Overall, I feel like this book should have been a great podcast, but not a book. There are some great reviews so I know and hope this book will have a positive impact on many...just didn’t resonate with me.

15 of 18 people found this review helpful

Too much Fluff

I came from Dave Ramsey's podcast and was excited to read this book. I enjoy hearing the stories of these people, how they overcame obstacles, and used different techniques to acquire wealth. Unfortunately, this book did not dive into these stories. It was mostly fluff about mindset and basic budgeting. If you are familiar with Dave Ramsey and even Chris Hogans work, this book is going to be a drag. If you are new to this stuff then it might help you.

18 of 22 people found this review helpful

Regurgitation of the show

Hyped as a scientific study of 10,000 millionaires...but reads as a pep talk. It is the same topics covered on the radio show with a random study result tucked into support the story. Was hoping to get a 2018 version of The Millionaire Next Door but it did not deliver.

9 of 11 people found this review helpful

Lack of statistical support but ok for someone with zero knowledge

Dave sold this book as being filled with hard statistics about how millionaires build wealth. The statistics in this book are few and far between. I read Millionaire next door and millionaire mind. Those books are chalked full of real statistics and unbiased analysis.
Chris Hogan’s Everyday Millionaire has a few cherrypicked numbers, heavily skewed analysis and way to much fluff. Each chapter consists of about 15% useful information followed by 85% conventional wisdom, and little “proverbs” repeated over and over and over.
There is some useful information for someone with zero investment knowledge though. The stories anecdotes are good and breath life into some of the useful bits of info. If you want to buy this for a teen or twenty something and make them read it in exchange for receiving some college money then this book may be a good place for them to start.
Still, i could not help but think; this relatively short book could have been 1/3 the length without losing any of its usefulness.

5 of 6 people found this review helpful

I had no idea!

The information and stories in this book are worth their weight in gold! I am motivated and have created a generational wealth building plan. Thank you

5 of 6 people found this review helpful