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Average user rating:  | |
 JUMP START YOUR PROGRESS TO RICHES | |
| The most extraordinary finding in this study is that you can live next to millionaires and not know it. Today's millionaires are people just like us. Although the book describes what they wear, what car they drive and how much education they have there are no mansions and few Rolls Royces. I believe that these millionaires were influenced by the vast baby boom, creating so many but less ostentatious millionaires. How will the next generation show their values and wealth, when there are so many fewer of them? In a new book by Mitchell, , Coles and Metz, called THE 2,000 PERCENT SOLUTION, they talk about the Misconception and Disbelief Stalls that hold back progress. To understand THE MILLIONAIRE NEXT DOOR you must free your thinking and leave these stalls behind. Today's millionaires are different from the stereotype and your neighbors may be among them. You may also become a millionaire, and there are a few ideas on how to get started. Read THE 2,000 PERCENT SOLUTION to free yourself of your stalls and open your eyes to the potential for progress. Read THE MILLIONAIRE NEXT DOOR to open you pocketbook to the potential for wealth around you. | |
 Still a good read | |
| Sometimes financial readers get stale and forget the value of older, quality books like The Millionaire Next Door. We get bombarded with so many new books that we think of anything that is more than a year old is out of date. When I see the 1 star reviews here, I have to scratch my head and ask why? If you really want to spend all of your income, why even bother to read a book like this one (my guess is that 1 star reviewers never read this book)and why bash it? Frugality is a discipline and unfortunately, discipline is tough. Keeping up with the Joneses may make you feel good but does you no good. If you live for your lifestyle and spend all that you make, you'll always have to. I know a guy that buys a new car every 6 months. Has the nicest clothes and takes two vacations a year. He owns a nice house and be sides his primary car, has a recreational vehicle and two other cars as well. I asked him how his investments are doing and he looked at me funny and said; "Investments? I can't afford investments." I later found out that he is also hocked up to his neck with credit cards. Living a little high? I think so. The Millionaire Next Door may tell you some things you don't want to hear but does tell you what you need to hear. Stanley and Danko's very carefully researched book shows you how many average people attained great wealth even on modest means. Stanleys followup book, The Millionaire Mind goes even deeper into the mental makeup of these millionaires. Another book worth reading is Ordinary People Extraordinary Wealth by Ric Edelman which also profiles wealthy millionaires but from a different perspective and is worth reading for all aspiring millionaires. For those who want to be financial savvy and learn the best personal finance strategies, I highly recommend More Wealth Without Risk by the late Charles J. Givens. Edelman's newest book, The Truth About Money 3rd edition is also a must read, pushes Givens and as a plus is the most current, complete and updated personal finance book. The Millionaire Next Door may have been around for awhile but it is still a good read, in fact a must read for anyone who wants to make the most of their money. I would also add in another classic book, The Richest Man in Bablyon which can be read in one night but I recommend that you read it every day for a month untill the concepts seep into your conscious and subsconious mind. Good luck to all future millionaires. | |
| Very good book--A classic that still rocks! | |
| With great authors like Dave Bach who has written an excellent book "The Automatic Millionaire", sometimes classics like The Millionaire Next Door get shoved aside and forgotten. The Millionaire Next Door should be read in addition to The Automatic Millionaire. I also recommend More Wealth Without Risk by the late, great Charles Givens. The Millionaire Next Door shows how the wealthy became wealthy. It wasn't due to luck, politics, inheriting a fortune or help from the government. It was by developing and applying a few simple disciplines. This book will show you how too. |
