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Summary: A tool for every fundraiser
Review: As a fundraiser, i have to discriminate between potential donors to maximize the return on my time. This book helps identify those people who may not look or act like it but who have millions. Like my gandfather said "there's more money in overalls than in 3-piece suits".
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Summary: THE MILLIONAIRE NEXT DOOR IS DYNAMITE!!!
Review: THE MILLIONAIRE NEXT DOOR IS DYNAMITE!!! But THE MILLIONAIRE NEXT DOOR is not a how to book!!! It's the best research book ever written about the wealthy--backed up by lots of interviews, profiles, and statistics! And it proves something we've always suspected, that the rich are different from the rest of us, and they probably have more fun, too! THE MILLIONAIRE NEXT DOOR IS DYNAMITE!!! Chari Krishnan
RESEARCHKING
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Summary: Millionaires have no fun
Review: Danko and Stanley obviously failed to adress an important factor in their book. They maintain millionaires are wealthy as a result of their frugality but they never make a mention as to how happy these millionaires are in life. How happy can someone be knowing they could be enjoying the finer things in life but are tooo concerned with their net worth to spend anything. However, Danko and Stanley have some worthwhile advice all of which can be found in the first 50 pages. So read those pages and close the book....the rest is dumb hypothetical stories and useless statistics.
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Summary: deeper implications
Review: What the authors say is that we can all be millionaires if we would only stop spending. But can we? Surely if everyone behaved like this the economy would grind to a halt, and no one would get rich. And the Scots are frugal? Their economy never seems to grow like England's, and always seems to have more unemployment. Any link?
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Summary: Great book that sheds some light on reality
Review: While this book confirmed what I already believed to be true about people's spending habits. The authors made this book a fun read, especially for those who fit into the PAW category! I like their approach to research and think their results intuitively make sense. I recommend this book, especially to those who spend a lot of money keeping up with the Jones'!
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Summary: Save Money, Become Wealthy, Burn This Book for Heat.
Review: I received this book as gift, and after reading it, I am glad I didn't spend any money on it. This book is a classic example of taking a few simple concepts and restating them in every imaginable form to reach a decent book length. The useful information could be summed up into a small pamphlet. Subject matter:
The basic premise of the book is how the average Joe and average millionaire may not be too terribly different. The author interviewed hundreds of millionaires and then analyzed the data from the interviews. They repeatedly comment about how "Mr. penny-pinching trailer park owner is far better off with $1.5 million in the bank than Mr. Doctor with a great house and lifestyle, who only has $750,000 saved up." The authors constantly rant about how being incredibly frugal and watching every penny spent will make you wealthy. While this may be true, none of the information presented ventures far beyond common sense. Another tactic, which I found very annoying, was that various charts and data tables were listed multiple times but in varying ways. For instance a whole page may be taken up by a table dedicated to whether or not millionaires worry about things like cancer, their children's financial future, and the stock market. Three pages later, the same table may be listed, but with percentages rather than raw data scores. There are many instances where the same information is presented in what appears to be nothing more than an attempt to lengthen the book. I found myself wanting to pound my head against the wall. I would not recommend this book to anyone looking to make good use of his or her time. I kept reading only in hopes that there would actually be a few pearls of knowledge to be gained. In the end, I wish I had put the book down shortly after reading the great discussion about millionaires and their ancestry. I truly could care less that there is a larger proportion of millionaires from Scottish descent than from Algerian roots. How is this helpful to me?? Don't waste your time reading this book in hopes that you'll come out of it with a great insight into financial well being. It just won't happen. This book seems more like a doctoral thesis gone commercial than a truly useful guide to financial security. Thanks for your time...
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Summary: Interesting if you earn $90,000 or more a year
Review: (...) Overall I think the book is good and interesting but I don't think you are going to become a millionaire if you don't make a good living to begin with (what the authors call "good offense"). For example, if you make $7 or $10/hr, I don't see you becoming a millionaire. The strong work ethic, frugal living and investing are excellent ideas and anybody can apply them but they are not going to make you a millionaire if you earn say $20,000 a year.
Rating: 
Summary: A Waste of Time
Review: The whole book can be summed up in one phrase: save your money, be frugal and you too can be a millionaire. Really?!?! Although the studies are somewhat interesting the whole book seems to be a bunch of numbers that prove the same point in fifty thousand different ways. So, save your money. The authors do bring up a valid point when they say that most millionaires do not look and act the part of the "Hollywood millionaire," but isn't that obvious? If you spend all of your income on expensive, frivolous, luxury items, of course you are not going to have enough left over to qualify as a millionaire. I guess the book is good to read if you are one of those people that are given everything from your parents. If you don't have a budget plan and are constantly buying the most expensive items, then maybe this book will "change your life." However, I would hope that what is mentioned in the book is common sense to most people. Save your money and save your time.
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Summary: VERY Interesting..maybe in 5 years
Review: This book was actually very intersting. It had a lot of information, and I, at times, found myself, overwhelmed, but it never once got boring. On every page there was a new fact, something cool or interesting about the millionaires of our country. Whoever knew that the people who spend the most on cars aren't actually the richest people. According to the book, most millionaires aren't austentatous about their wealth. Lots of them drive not BMWs or Mercedes, but Fords and Volvos. It's very intersting how you really can't judge a book by it's cover, even when money comes into play. I really liked this book, but I found a lot of it to be repetitive. In the first chapter, it's all broke down for you-how to become a millionaire. And it's simple-spend money wisely, and be sure to save it. That's what will get you there, keep you a PAW, instead of a UAW. It gives good tips on how to treat your children, how to play the stock market, how to buy a car etc., but it really kind of passed me over. THus stuff doesn't really mean anything to me, especially in high school. However, in a few years, I will defintely pick this book up again and make sure I pay attention. But for now, it's just interesting and fun. Great book!
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Summary: I knew the Millionaire Next Door...
Review: The book is a kind of research paper. The authors are, after all, academics. They have attempted to provide a "composite" picture, based on extensive research, of the average American Millionaire. What they have found is that such an individual is difficult to identify. In general, though, they are self-employed, hard-working, thrifty, etc. They do not drive expensive cars, live in mansions on golf courses, and wear a Rolexes.
One of the biggest contradictions in the book is this: The authors have found that most millionaires will die rich. But they have also found that most people who inherit great wealth end up as good-for-nothing parasites, rarely accomplishing much in their own lives. My tongue-in-cheek analysis, then, is that these millionaires shoud try to die broke.
The book is filled with statistical information about the habits, professions, and lifestyles of millionaires. At times, the reader will feel somewhat bored as a point is driven into the ground. Overall, though, the book is worth reading. We can all benefit by adopting some of the implied suggestions of this book. Work hard, plan for your retirement, live within your means. Just don't get carried away. Stop and smell the roses from time to time; strive to be rich in experience. When you're on your death-bed, I seriously doubt that you will say, "Gee, I sure wish I'd spent more time at the office." Ask a dying person what they would give for another year or two of life. The answer: everything they have. The sunset on Maui is beautiful. Life is short and precious; enjoy it.
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