books:
•
The Millionaire Next Door
Thomas J. Stanley
,
William D. Danko
Pocket
, 1998 - 272 pages
average customer review:
based on 791 reviews
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highly recommended
Excellent, great for young people
I read this in high school, at the urging of a friend and my parents. It changed the way I thought (or didn't think) about money. I believe it is excellent, solid advice for anyone who wants to retire comfortably without the hassle of becoming a true investor. I love how he teaches the difference between life insurance policies, and uses reason and math to prove his points. I'm a college student, but I've already saved for retirement, because this book convinced me of the value of time and dollar cost averaging.
Should be required reading for high schoolers and older
The information and advice offered by this book is 100% sound. I actually paid each of my daughters $50 to read The
Millionaire
Next
Door when
it first came out, and I now share it with others. Adjusting to the "millionaire" lifestyle described in the book will lead to a much more enjoyable and fulfilling life, pretty much guaranteed. This knowledge is especially important for young folks, who need to develop their financial skills and lifestyle attitudes early in life.
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Academic Overtones Throughout
I found this book to be highly informative, but overall a little redundant. The information was provide in an academic format, and the chapters are set up more like an outline, than a story. Overall, I'd say this is well worth your time to read.
Millionaire Next Door
This book gives great examples of people making the first and most important step to wealth - saving. It shows why those who appear rich may be poor and that those who appear poor may be
millionaire
s ! This should be mandatory reading for high school students. I give a copy of this to each of my neices and nephews for graduation dedicating it to my Mom, a bus driver after raising 7 children and my Dad, a welder who became millionaires.
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A Must-Read For Everybody
This book isn't just in my library, it's also a book that I regularly purchase and hand out to friends and familiy members.
The authors lay out common sense information and details on how self-made
millionaires achieved
their financial success.
Basically, if everybody read this book and followed its guidance, people would at least be more aware of how to save money for their future and potentiall obtain financial freedom.
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