Millionaire Next Door: The Surprising Secrets of Americas Wealthy

Rating:
Summary: An eye opener
Review: This book dispels many of the myths about who the wealthy are in America and how they live. We all know that movie stars, rock stars and ballplayers are atypical, but this books shows you just how atypical they are, even among the wealthy. If you think the typical millionaire thinks and dresses and eats like those featured on Lifestyles of the Rich and Famous, you will be very surprised by the facts presented in this book. I certainly was. Only 4 stars because the material could have been presented better.

Rating:
Summary: If you only read one financial book, read this
Review: Without a doubt the best financial book, because it addresses the basics, and it is rooted in common sense. Although this book does not go into the details of personal finace: IRAs, 401, etc, its focus on a frugal lifestyle is much more important. I believe that almost anyone in America who lives in accordance with the the very simple principals of this book, will become wealthy. Maybe not a millionare in their lifetime, but they will be worth at least hundreds of thousands of dollars.

Rating:
Summary: The Best Book Ever!!
Review: This book tells you how to get rich. It gives great facts about millionaires and the great thing is almost everyone can be a millionaire if you can save just a little money each month.

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Summary: Being extreme is not IT!
Review: This book paints a very bad picture on millionaires(no life, confinement, you name it), now I know that enjoying oneself while having some basic knowledge on investment and thirftiness is the way to go. I think this book sabotages the economy too.. If everyone is saving and not spending who is going to support the industries? If everyone is buying dull stuff who is going to come out with da cool stuff and ideas! The fact that these people make up a small minority gave me some peace of mind.

Rating:
Summary: very insightful
Review: I enjoyed this book tremendously and find it useful-applicable to my life. Mom was right when she told me it was cheaper to eat at home-and boy this book supports this view.If only I could get Mom to read this book to thank her for all the "frugalness" she instilled in me. Good for people of all ages and especially parents who have young children-maybe they could learn a lesson or two.Today's children have it too easy because we make it easy for them-what happened to work ethic? I think these guys show it in this book and where it can take you if you stick to it.

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Summary: Fragality is the name of the game!
Review: This is a concise book that describes the way millionares are. Frugality, work and no Mercedes Benzes are the secrets to richness.

Rating:
Summary: Fantastic book!
Review: This is an excellent book. It's simple premise "get rich by spending less than you make and then investing it wisely" may seem like common sense. But it's not nearly as common as it needs to be. It's NOT a book recommending being miserly. It is a book about not buying a bunch of junk that you don't really need, or even want, just because you think it's expected of someone "in your position". Don't let possessions own you. It also has an EXCELLENT discussion of how second generation spoiled rich kids get the way they are.

Rating:
Summary: Will change the way you think about wealth!
Review: This book is essential for young people who are just beginning a career and are beginning to build wealth. It is eye-opening and informative. It will make you rethink the way you see yourself, as well as the way you think of accumulating wealth. If you lead a high consumption, low savings lifestyle, this book is for you.

Rating:
Summary: All arguments pro and con are valid
Review: All arguments both pro and con are valid. Yes this book does tell you about the lifestyles of those they studied. Yes, it is also presented in a statistical format (the authors are statisticians, not writers). Most of the millionaires interviewed had incomes around $100,000 per year. What I think the public wanted was a step by step book on how to get there earning $30,000 per year or less, like everyone else does. This book does not do it, all it does is give boring stats. To the authors, if you'd like to write a real hot selling book, then study the lifestyles of common people who got rich on a modest income, then have someone else write it for you.

Rating:
Summary: One of the most eye-opening books I've ever read
Review: This is an absolute must-read for anyone who has an interest in utilizing wealth for positive ends. It clearly demonstrates that really anyone who wants to be a millionaire can become one. And no, that doesn't mean you have to eat dog biscuits and live in a hovel with a dirt floor. All you have to to is understand the very common sense concepts of spending less than you take in. Some people seem to think this means you're just squeezing every dollar so you can pass it on to your children to blow. Those people have missed the boat. What it's all about is money is a resource that can be used to improve the lives of those around you--first, family members, and then the rest of society--through education, better housing, and, above all, just taking away living from paycheck to paycheck. Read it!