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Summary: A startling revelation on what it takes to create wealth.
Review: I can certaintly understand the controversy regarding this book. When I first heard of this book, I thought it was some ripoff book and approached this book with ambivalence. So I checked it out from my local library first and was so impressed that not only did I go out and buy my own copy, but also give it as an accessory gift for special occasions and recommend it to everyone I know.I also recommend "The Millionaire Mind" which is different from this book. That volume allows you to peek inside the minds of millionaires; shows you how the millionaires think. One caveat of these books is that they are dependent on income. You won't find anything in here on creating cash flow. For that I recommend "Rich Dad Poor Dad" whose ideas on staying debt free are somewhat similiar to what is recommended in Millionaire Next Door, but also provides ideas for creating wealth through additional cash flow. It is a book that should be written in addition, not in place of The Millionaire Next Door. Also recommend More Wealth Without Risk and Financial Self-Defense which offer actual strategies on creating wealth, reducing expenses and investing.
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Summary: The Millionaire Next Door (Money Matters)
Review: The Millionaire Next Door taught me that if I want to become rich and I am not an athlete or music star, I have to really work hard. One needs to save all that he earns in order to have a decent net worth. One also has to invest their money to continue to gain. There is no way one can live a life with a huge house and nice car(s)and have a net worth of $10 million.
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Summary: Awesome and inspiring
Review: This book will change your perspective on the "millionaire" that society has created, it's a page turner.
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Summary: Boring!!!
Review: Although this book encouraged me to accumulate wealth myself,I found it very boring.It basically says on almost 300 pages what you could say in 3 short sentences:To be weahlty you have to be frugal.The rich are not necessarily wealhty.To be weahlty do not spend any money.The whole book only tries to demonstrate how this is true in sometimes very controverse ways.Don't buy it!
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Summary: The Millionaire Next Door
Review: This book will help you discover the best ways you can become financially independent. It examines the lives of millionaires and how they allocate their time, energy, and money efficiently in order to build wealth. Not only is this book great for young people just starting their careers, but it is a reality check for anyone who is interested in evaluating their actual net worth.
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Summary: Absolutely Fascinating
Review: I listed to this book on CD during my commute to and from work. I found it to be most enjoying and educational. I knew that some wealthy people do no seem all that wealthy (e.g. Sam Walton) but I had no idea that the majority of the affluent were so frugal. A definate eye-opener!! Even though I am far from being wealthy I definately got some great new insight on how to get there and am already making personal changes. A MUST READ for anyone looking to get a new financial perspective.
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Summary: A Must Read
Review: Knowing and doing are two entirely different beasts. Doing is vastly more important, talent always taking second fiddle to persistence and action. However, it is always good to increase knowledge and this book gives some simple information that should strike most readers as obvious. If only knowledge lead more easily to action. There are probably better books on the market that deal with how to obtain and keep wealth, however, this one lays out the simple formulas that lead to becoming a millionaire and how too many us ignore them. It is not a "how to book" so much as it is a "this is how it is" book. I highly recommend this work. It is especially encouraging to those that perhaps had a tough start in life or had little or no higher education. I also recommend other works by this author to those in that work in a selling environment or are considering a career in that field.
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Summary: great book
Review: This book describes how real millionaires deal with their money. It doesn't tell you the steps, but tells you about their spending habits. I think this book is great, it helped me see how real money people deal with their money. Because of this book I was able to understand what true wealth means and what is true wealth. All this book does is helping you understand how wealthy become wealthy, and what it is.
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Summary: A must!
Review: This book is a must for EVERYONE.
it is an eye opener on how the wealthy among us really think.
it breaks all the misconceptions about money & wealth.
before you buy any business book, get this one!
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Summary: Incisive
Review: I recently started on a quest to educate myself financially. I started off with this book, and I'm glad I did. The material may be a little dry, but as an engineer, I have a great appreciation for cold, hard facts, and that's exactly what this book delivers.
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