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#804357 - 02/04/13 12:19 PM The Millionaire Next Door Book Review  
Joined: Jul 2012
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Sandra Investing/HFinance Offline
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Koala

Joined: Jul 2012
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Have you ever wonder what it takes to become a millionaire? Thomas J. Stanley and William D. Danko did. So they went out and researched the secrets behind millionaires. The result is their book, The Millionaire Next Door:The Surprising Secrets of America's Wealthy.

The Millionaire Next Door Book Review


Sandra Baublitz, Investing/Home Finance Editor
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#804361 - 02/04/13 12:20 PM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]  
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Sandra Investing/HFinance Offline
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Koala

Joined: Jul 2012
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Have you ever read the book? What did you think? Did you enjoy it or did you hate it?

Do you think its possible to become a millionaire?

Do you feel you have the traits to become a millionaire?


Sandra Baublitz, Investing/Home Finance Editor
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#804390 - 02/04/13 01:50 PM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]  
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Tina - Living Simply Offline
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Gecko

Joined: Feb 2011
Posts: 469
Bay Area, California
I loved the book, it was a real eye opener. I realized that just because someone looks rich, doesn't mean they are. And often it's the frugal person who is actually the rich person.

#804401 - 02/04/13 02:25 PM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]  
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Parakeet

Joined: Dec 2007
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Michigan, US
I haven't read it yet but it sounds like it would provide inspiration to continue some of my frugal habits and stop impulse buying.


Trish Deneen
PatriciaJoy.com
#804427 - 02/04/13 04:33 PM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]  
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Sandra Investing/HFinance Offline
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Koala

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Tina - Glad you enjoyed the book. It is one of my favorites. It made me feel better about my frugal ways.

Trish - Yes, I found it inspiring for frugality. It certainly gives a different perspective - that what you see people owning may not indicate their true net worth.


Sandra Baublitz, Investing/Home Finance Editor
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Sandra Baublitz Author Webpage


#809084 - 03/01/13 09:35 PM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]  
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Jilly Offline
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Verde Valley, AZ
Good article, and let me agree that frugality is certainly an asset and not a limitation. We don't need as much as we think we do!

I've always loved this book.

#809183 - 03/02/13 04:05 PM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]  
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Sandra Investing/HFinance Offline
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Sandra Investing/HFinance  Offline
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Koala

Joined: Jul 2012
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Thanks, Jilly. I agree we don't need as much as we think we do. Or as much as advertisers are trying to convince us we need.

One benefit of frugality seems to be an appreciation for what we do have. And for what is truly important in our lives.

So we can be frugal, build a portfolio for the future and really enjoy what we do have.


Sandra Baublitz, Investing/Home Finance Editor
Investing Website
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Sandra Baublitz Author Webpage



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