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Summary: A FANTASTIC BOOK!
Review: I look at this book as a modern version of the timeless classic "The Richest Man in Bablyon" Frugality and Delayed Gratification are difficult disciplines which is probably why so few people, irregardless of their incomes, have any real wealth! For anyone interested in actual action techniques, I highly recommend 'Wealth without Risk" and "Financial Self Defense" by Charles Givens. also "7 Strategies for Wealth and Happiness" by E. James Rohn.
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Summary: Sage advice for the young that some parents fail to teach
Review: After reading the book, I became a lot more enlightened about the difference between having a high income versus a high level of wealth. I am a 1.5 generation Korean-American and my smalll business owning parents were PAWs who wanted they children to have a UAW lifestyle like some of their customers. Plus, having recently graduating from top five MBA school, I wanted the "good life" and believed that owning a luxury German import was an important visible symbol. However, after reading the book, I started listening to that nagging feeling and came to the quick realization that I wanted a lifestyle that I can control and not a lifestyle where I'm being controlled. So I reallocated my "car" money into some nice investments instead and will probably end up with a used SUV. Great read especially for somone like myself who is just starting to become a productive member of society and wants to retire early.
Rating:
Summary: Some fine nuggets, but spread too thin. B-
Review: I really liked a lot of the stats, and I found that I was glad I bought the book. But I skipped the chapters (whole CHAPTERS) about how much the people had spent on watches, and suits. That's taking a good point and stretching it a bit far.Overall, It was worth the money, but chapter 1 (which you can read online) contains a big percentage of the overall data in the book, unless you really care about how much people spent on cars, clothing, and watches.
Rating: 
Summary: Good story, but too many charts
Review: I liked the book, but I admit to skimming quite a bit of it. Being frugal myself it was easy to identify with some of the interviewees ( is that really a word?). I doubt if anyone reading this book would change their lifestyle or spending habits because of it. Let's face it, you either spend it all or you don't. I don't agree with some of the other people who reviewed this book. You can be frugal and still enjoy life. Being frugal is VERY different from being miserly. I think the examples of buying a used car a few years old rather than a new model is a great way to save money. My final recommendation would also be obvious... get it at the library to save the money:)
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Summary: A "Bible" for savvy people
Review: This is the book that started all that flow of money saving manuals. I enjoy reading books that open eyes on the better ways of living your life without spending every single nickel and running up credit card balances. This book shows all the statistics that can help one to analize the patterns and trends of the real rich of America. Millionaires who never made more than $20,000 a year - I think that is amazing. Do you want to start a new more meaningful life - this is a good book to read.
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Summary: Excellent! I read this book and implemented the ideas!
Review: As a business consultant, I read all the latest books on financial related topics. I must admit "The Millionaire Next Door" is by far one of my favorite books. It is now a part of my business library. It is well written, easy to understand, and so easy to implement into your daily life. I would highly recommend this book for anyone's library, especially college students, and young newly married couples. It's a great guide for beginning a very prosperous life.
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Summary: A Book Whose Time Has Come--wisdom long OVERDUE!
Review: I used to be one of those people who spent all or at least most of my money and thought I was doing okay with the little savings I had in the bank earning 2% (wow).I always bought brand new cars, new clothes, went on vacations 6-8 times per year and partied. I had a great time! One day my company shut down and I was forced to live on 50% OF MY INCOME. My savings dwindled to nothing and I had a hard time making car and credit card payments. I came to the realization that I was "renting" my "lifestyle" all of which was encumbered with debts and false belief in "job security" A friend loaned me a copy of "The Millionaire Next Door" and I had to painfully admit that I had been a fool. I met a really nice old couple in their '70's who never made much over minimum wage in salary, but were debt free and had 100's of thousands to retire on and were living better than the flamboyant fools like me who spent through their incomes. This book turned me around. I would also recommend "9 Steps to Financial Freedom" and 'More Wealth without Risk" to add to your library, or at least borrow from a library. I am now living better, earning 20-25% in mutuals, contribute to my new companies 401 (k), have a IRA and am DEBT FREE with the exception of my mortgage which will be paid off in five years (or less).
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Summary: Invest wisely and enjoy life too!
Review: I am sick of seeing people downrate this book because they think people cannot save money and enjoy life at the same time. If people require excessive spending to make life enjoyable and meaningful that tells something very sad about our society. This book tells how you can become wealthy by living below your means, not by living like a pauper. That means a 2 year old Accord instead of a new Mercedes, not driving in some old wreck. Or not buying a $450,000 house just because you qualify for the loan. Spending more doesn't necessarily make you happier, just poorer.
Rating:
Summary: Excellent-Even Helps With Parenting
Review: This is an excellent book. It points out many things that need to be said, especially in light of today's instant gratification society. It pointed out some things about teaching the value of a dollar that I as a parent need to know and implement. As the evidence of our society is showing, we're not doing our children any favors by giving them every material posession. It even brought light to some shortcomings in my own personality about how I thought about money. Even though I've held a job since I was 16, & that was in 1978, I didn't appreciate the value of a dollar. I liked what was said about parents leaving money to the children who needed it least. In your will, don't leave your money to the child who is not responsible. Leave it to the dilligent one. Also, it points out the moral imperative that we parents have to rear independent, dilligent children. I recommend this to new college grads along with "The Wealthy Barber" and to parents of young children along w/ Dr. James Dobson's "Dare to Discipline".
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Summary: What about AAW?
Review: The book was good, however it talked too much about the extremes of being either a PAW OR a UAW. They'll probably write another book about being a AAW.
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