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Summary: The Millionaire Next Door
Review: I enjoyed the Millionaire Next Door. This was my first read on this subject and at first I believed non of the information or ideas in the book would be helpful to me. I was very wrong! The Millionaire Next Door was especially helpful to me as an 18 year old because it gave practical advice on spending wisely. It emphasized the importance of purchasing smart, or purchasing within your range and only purchasing necessary items. The suggestions the author gave were not far-fetched, but applicable to my life. He stressed that achieving millionaire status does not happen overnight but instead takes many years. Sacrifice and saving are crucial. I liked the profiles of average millionaires. The Millionaire Next Door dispelled a lot of prenominations I had about millionaires. Just because someone doesn't live in a fancy neighborhood or drive a fancy sports car doesn't mean they don't have a million dollars of accumulated wealth. My only question is, with the Save, Save, Save motto, when do you get to enjoy your million dollars?
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Summary: Extensive research by Stanley & Danko
Review: I can understand and appreciate that everyone wants to state their opinion on this book, but I really thought or would think that people would read it first and then review it.When I read reviews like the one by a reviewer that says "Poorly Researched" I have to scratch my head and wonder why these people even bother coming to these boards. Geesh!
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Summary: Big hat no cattle?
Review: This book will make the thrifty feel blessed. When a $100,000 BMW zooms by, they will think: "I wonder if he can really afford it? But we need people like that to keep the economy going. Without them our investments would not do as well and financial independence would more difficult to attain."
Rating: 
Summary: Mediocre Research
Review: I think that The Millionaire Next Door is a fairly informative book, and it really does show that it is not all that hard to become one yourself. The main key is to start early on in life. The other key point, which was basically overlooked in the discussion about small-business owners, is that small business owners (whose assets INCLUDE the business assets) are often forced to buy tremendous amounts of depreciable equipment, such as tools, landscaping equipment, trucks, etc. These purchases should really be counted as EXPENSES, or perhaps some sort of delayed investment, as the business owner will never receive the financial benefit from these assets until he/she leaves the business and sells them.
By the way, if you live in upstate New York, like I do, you can have your book autographed by William Danko, who teaches part time at albany.edu -- you may want to go to UAlbany's website to get his email address to set up an autographing appointment.
God bless America, and bring our troops home.
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Summary: It's all true!
Review: I read the book out of curiosity and what the authors are saying is all true. I know. I am the millionaire next door!
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Summary: What happned to all the five star reviews????
Review: I was on this board about a month ago and came back today to research some books and see how things were going with this book which I believe is very possibly the single best personal finance book ever written. I couldn't help but notice that five star reviews that were posted here about a month ago that I voted on were deleted. I scrolled back a couple of pages and found more five star reviews were deleted. I also noticed that among the most helpful, again a large majority of five star reviews were deleted. Know what else I noticed? Not one of the 1 star reviews were deleted! I wonder why? Hey Amazon, if you are not going to run this board in a fair and democratic way, why even have a review board and a method of voting? One guy said he posted a five star review here that never saved but then came back and posted a 1 star review on the same book and it was saved!!!! Something smells here Amazon. Are you guys tuned in to this, or do you even care??? Fair question, how about an answer???
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Summary: Being a Millionaire Is Easier Than You Think
Review: It takes work and sacrifice. It takes determination and dedication. And it takes something in rare supply these days, common sense. Pay your bills. Save your income. Pay off your mortgage. Don't spend more than you make. Take the time to build a lasting legacy through your children. Don't loan your kids money in large amounts. Work smart and hard. Invest in what you know.
That's about it. That is what Millionaires do. They do what you know you should do but don't. As soon as you start doing it, you can work toward being a millionaire yourself.
Rating:
Summary: helpful
Review: The Millionaire Next Door gives mostly hints and tip on how to become a millionaire. But what is different is that the authors actually went to millionaires and asked them how to do it. It is suprising that most of the millionaires are not famous, they are regular people that learned how to live below their means and make good occupation choices. What I got out of the book is that being wealthy is not determined by ones material possessions but by the amount of liable assets one owns. Which to be is more important in the long run anyway. It is a good life starter book, I'll read it again after college!
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Summary: A promising outlook on control of our own economic destiny
Review: I thought this book said more than "Look! You can be rich!". To me, it showed that we as individuals can control our destiny, at least in the economic sense. It said that we don't have the right to blame our parents for not being wealthy and we are not victims of our natural economic status. It showed that anyone who is willing to work hard and mind their money can be wealthy. Though I'm not very interested in economic literature, I found this book interesting because it appealed to me as an optomistic look at what someone can do with just a little work ethic and self control. It was imformative but not impossible to understand; it appealed to someone who enjoys quick reads and doesn't want to spend half an hour trying to understand what one sentence is trying to say. A good book for anyone who thinks it can never happen to them and for anyone who wants to be one of "the elite".
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Summary: I'd read this book first, ahead of the others
Review: What it all comes down to is frugality and money management. Stanley and Danko beat that point to death in this great treatise on how to create wealth. Also, keep in t his mind that The Millionaire Next Door was based on actual research done on actual millionaires. It is not a book written by some magazine writer/book author who arites books that nobody wants to buy or read...with good reason--her advice doesn;t work. The Millionaire Next Door is based on advice that really does work. Has worked and will work for you as well...if you apply it. Don't read the negative reviews based on jealousy on these two great authors, read the book and profit.
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