Rating: 
Summary: Nice work, but let's hear more...
Review: I firmly believe in the principles, having seen it work for several people including my Dad. I live in an area that is like a case study for the book.
However, like other reviewers, I feel it would have been nice for the authors to tell us how these folks balance their lives. Although the (car) price per pound thing is factual, I doubt any of the millionaires ever thought or care about this piece of trivia.
I understand not overspending on a car, suit, watch, etc. But what is the best vacation they ever took? Not spent the most - but the best. What is the most expensive gift they bought their wife on an anniversary? What kind of mutual funds did they pick?
They spend several hours each month addressing their finances. What are they doing? Do they regularly assess the performance of their stocks, or ???
Did any of them not figure out the MND formula until their late 30's, or do you have to be like this from birth in order to make it into the club? In other words, what makes them tick, not just the statistics
Rating:
Summary: Insightful
Review: A wise man once said, "If you want to be wealthy, you need to study wealth." That is exactly what best-selling authors, Stanley and Danko, have done for the last twenty years. I would like to congratulate these two authors for their clear and entertaining way of presenting their findings. The message they share in their book The Millionaire Next Door is one of hope and homey wisdom: the 3,500,000 millionaire households in the US have certain common traits, and you can learn the "secrets" that they live by if you desire personal wealth. What is notable is what didn't make the list of traits. Expensive clothes, flashy cars, or high-consumption lifestyles are not the domain of the typical millionaire; they are more characteristic of the chronically over-extended! A key distinction in this book is the difference between income and wealth. Even people with a modest income, by following prudent principles, can enjoy great wealth over time. On the other hand, top income-earners often spend their money as fast as they earn it, leaving them with few accumulated assets over the years. This insight is particularly useful to young couples like my husband and I. It is very comforting to know that one is really able to become financially independent and hence free in every sense of the word in this country.
A few puzzling things though: 1) I wonder about the totally neglected mention of the ethnic Chinese( or any other Asian group for that matter)successes in the book. This calls into question the thoroughness of their research. 2) I was expecting an insighful elaboration of two of the denominators mentioned, ie, "They are proficient in targeting market opportunities" and "They chose the right occupation." The authors didn't really do justice to their assertions. 3) I cannot but help wonder about the quality of life these ordinary millionaires have. While it is a great feeling to have much financial surplus, are they generally happy folks who have used their best potential in life. Are they like Andrew Carnegie who devoted much of his life accumulating wealth and then spent the rest GIVING IT AWAY happily?
Rating: 
Summary: A common sense approach to getting ahead in the world today.
Review: This book was a common sense approach and reminder that if we want to get ahead in the world today, we need to live within or below our means. So many people are concerned about how wealthly they appear, that they do not have any actual wealth. For me it was a good reminder that there is no need to "keep up with the Joneses." Really enjoyed the book
Rating:
Summary: This book verifies I am doing the right thing .
Review: I wanted to read the book to see if I would agree or not with the authors . I felt I was already on the right track , as I have always enjoyed living frugal . The chapter on buying a car chapter was interesting . I had found out on my own about the best time of the year to buy a car . I agree with the author's on this , for the same reason . I am glad I had a chance to read this book
Rating: 
Summary: Why to get rich?
Review: If your are rich and you depend on somebody or
on something: then your are not free.
Why not being independet? Therefore: fix your targets first
Rating:
Summary: How to get rich?
Review: 1. Describe your method.
2. Illustrate it with examples.
3. Suggest that everybody can realize your method.
4. Sell your method. (to be best-seller)
This was already seen.
Why not:
1. Fix your targets.
2. Avoid spending your time and power for other things.
3. Be consequent.
4. Take pleasure in the results.
Have a nive day.
PS: carpe diem
Rating:
Summary: This Book "is" Worth The Read
Review: I believe the primary gain of this text is that we all have a choice; to save or to spend. Somewhere in our day to day living is the ideal compromise that can accomplish some semblance of both. The principles of saving are important. I have given a copy to our kids in hopes that they will think before they spend -- and make make intelligent decisions and not solely emotional ones
Rating:
Summary: Good to add to your bookshelf
Review: Very well written, yet many charts and graphs appeared rather meaningless and were very difficult to interpret. Excellent examination of how the millionaires accumulate wealth, but few admissons of enjoying their wealth. The tragedy is that many millionaires don't leave much money to their off-spring, yet the don't enjoy life more fully either. My work with entrepreneurs (and many authors on the subject) uncover that one will start their own business for freedom of work, financial independence, and enjoying the finer things in life. This book doesn't talk much about the enjoyment of life. Another OMISSION statistic in their discussion about Ross PEROT ( and how much he saves) leaves out the amount that he wasted on his bid for the presidency.
Although insightful, to obtain millionaire status, reading and educating yourself on investing will get you there quicker than just the savings on an above average income.
Rating:
Summary: See what you are/are not doing regarding your finances.
Review: 1. Illustrates the difficulty of successful giving--to children and others. That which is not earned is frequently detrminental to the recipient.
2. Makes the point, without saying so, that a thinking person should update his financial statement annually, for the purpose of checking progress on net worth--or lack thereof. This is important, and about the only way to know what you are doing, if you don't spend every cent you make.
3. The book begins with the parable of the ant and the grasshopper, and leaves the impression that there can be no successful in-between, which just ain't true. You don't have to be a miser for the sake of accumulating money which you may never see the use of--or leave to the detriment of children or other recipients of your largesse. (I have lived in the same house for 32 years, thereby saving a lot of money, part of which was used to support a wonderful hobby--flying--while seeing four children through college and doing a lot of interesting things, including the purchase of NEW cars, kept for a minimum of six years each. Am not dependent on social security by a long shot, having semi-retired. 4. The book is well worth reading and reviewing periodically--enables one to realize what one is doing, as compared to what it is possible to do, since so many others are/have done things differently. Have given eight copies to my children and young folks in my little company.
Rating:
Summary: Want to be rich?
Review: I couldn't wait to finish reading this book and then read these reviews: Certainly, there were going to be people who were going to hate it. Why? Because MND shows people that they have a choice, either to save their money and live happily, or squander their money and live large. You can't do both, and too many people assume they can. I'd rather sacrifice that annual trip to Paris and retire earlier, wouldn't you? When my kids get older, they are definitely going to read this book.
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