Rating: Summary: Wish I had read this a few years earlier Review: This book is exactly what my parents have been telling me for years! For years I have earned good money in my banking job, and spent freely, living sometimes above my means. This book rang a bell and woke me up to reality. My life has literally changed after reading this book. I was living the high life - spending lots of money on fine dining, fine wine, travels around the world in luxury hotels, lots of boys' toys...basically the life of someone very wealthy. Anyone who looked at me would assume that I was loaded. But it didn't faze me since I have a great job that paid well, and I could afford it. The truth is that while I had a good amount of savings even after my conspicuous consumption, my savings would only support my lifestyle for a maximum of 2 years or so if I no longer had an income. This book made me realize "financial freedom" was not about being able to spend lots of the money that you earned, but about saving for the future so you don't have to worry about whether you can continue to earn a lot of money. I highly recommend this book to anyone who wants to maintain financial freedom and the ability to walk away from a job without worrying about where money was going to come from.
Rating: Summary: An eye opener for most of the poeple. Review: Most of the people, even at their old age, have misconcepts about wealth and wealthy people. The Millionaire Next Door teaches us a new way of seeing the things and drawing conclusion. The language used in the book is so simple that even Non-English speaking people fully understand without difficulty what the writer wants to say. I wish I had, thirty years ago, this book with me.I bought this book about 2 years back. I am trying to change my "financial life" in accordance with the principles set out in the book. I am confident about my success.
Rating: Summary: Do not miss reading this book if you are on your way up Review: Amazon[.com] Review of "The Millionaire Next Door" I must have read the book ten times and recommended it for everyone I care for and bought a dozen of it for distribution to close people. It is one of the best books in the field. I came to live in the United States thinking that everyone in my posh neighborhood OWNS his vehicles and has a good chunk of asset in his house. This book told me a lot about the American life and taught me how to bring up my children in a healthy financial way. I highly recommend it for everyone interested in knowing the deep secrets of the life of rich and not so rich people in USA. Coming from the Middle East, where one should pay for everything he owns; I was astonished to witness what has happened to my rich-looking neighbor in my upscale neighborhood in USA when he died from a car crash. He was not only not rich, but he was very much under. That really validated the true nature of this book. I wonder how one can enjoy life if most of the things he own belongs to the banks and he pays so dearly on them!! Rather than spending years to come up with the truth about the real American life, one should read this book from cover to cover, perhaps as many times as he can.
Rating: Summary: Dont expect a Get-Rich Quick manual Review: I think this book is great for the people who are decticated to saving their money and finding the best ways to move up in their repected jobs. Anyone one seeking the Get-Rich quick methods needs to find another book. This book goes very in depth, step by step breakdown on what the best ways are to save your money, it also teaches how to seek out good advice, and where to seek out good advice when making important money decisions and investsments.
Rating: Summary: It uncovers the secrets on how to be a millionaire Review: Millionaire Next Door is a great book, it uncovers so many secrets on how to be a millionaire. It totally changed my perspective on how I view millionaires. Great book that will keep you reading until the next page! This book uncovers so many things, like for example, millionaires don't necessarily use extravagant credit cards, drink the best wines, wear the best clothes, or drive the best cars. Millionaires also seem to always invest any extra money, and don't necessarily show what they always have.
Rating: Summary: Millionaire next door Review: Millionaire Next Door is a good book, it is easy reading with factual information that is seemingly unbias. This is a very interesting book, I learned a whole lot of information that I never knew before. I used to be the stereotypical american that thought only millionaires spend lots of money on lavish things that the average american may never be able to buy, until i read Millioraire Next Door.
Rating: Summary: The Millionaire Next Door Review: I did not feel that reading this book was a waste of my time, because it was a fast read and had caught my attention several times. I do feel that by reading this book I am walking away with something I had not thought about before. The reason why I am giving this book only 3 stars is because I often felt that it was repetative. There were chapters in this book that appeared identical and I could not tell the difference between them. Overall I would recommend this book as a fast read to anyone who has a few extra hours on their hands.
Rating: Summary: Provident, discipline, & frugal Review: A good read, but filled with many statistics that are skewed by a small sample of millionaires. I enjoyed the direction the authors took to describe the LIFESTYLES of the wealthy compared to the spendthrift. I did have a problem with a general overtone of the author's message, that the wealthy are so preoccupied with frugality that they don't enjoy a premium lifestyle. I just don't buy it. Where were the stat's on vacations, perks, education, etc? Worth the read to develop a different perspective, but don't bank on the stats that drive all its suggestions; however, the book was very well researched for its small sample.
Rating: Summary: how to enrichen your life Review: "if you have it, flaunt it" is debunked. stop living delusions and start living with reality.
Rating: Summary: Keep on hand to keep you from doing stupid things Review: Gosh, how often I should have had this book whenever I made a big purchase (like my car, for instance). That's my first thought .... Seriously, you never read about these kind of millionaires. Maybe it's because millionaires like these don't make tremendosuly interesting reading. Donald Trump is so much more exciting. BUT ... most people don't need to be Donald Trump. You don't need to make the society pages to have a satisfying financial life. You don't need to be Trump and have fancy things in order to love your children, live in a good home, drive decent and reliable transportation and enjoy your short time here on earth. This book teaches you, over and over again, what is worth having, and what isn't.
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