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#804357 - 02/04/13 07:19 AM The Millionaire Next Door Book Review
Sandra Investing/HFinance Offline
BellaOnline Editor
Chipmunk

Registered: 07/13/12
Posts: 1940
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
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#804361 - 02/04/13 07:20 AM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]
Sandra Investing/HFinance Offline
BellaOnline Editor
Chipmunk

Registered: 07/13/12
Posts: 1940
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?
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#804390 - 02/04/13 08:50 AM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]
Tina - Living Simply Offline
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Gecko

Registered: 02/14/11
Posts: 469
Loc: 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.
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#804401 - 02/04/13 09:25 AM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]
Trish-Contest/Sweepstakes Offline
BellaOnline Editor
Parakeet

Registered: 12/06/07
Posts: 937
Loc: 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.
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#804427 - 02/04/13 11:33 AM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]
Sandra Investing/HFinance Offline
BellaOnline Editor
Chipmunk

Registered: 07/13/12
Posts: 1940
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.
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Sandra Baublitz, Investing/Home Finance Editor
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#809084 - 03/01/13 04:35 PM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]
Jilly Offline
BellaOnline Editor
Highest Posting Power Known to Humanity

Registered: 02/27/03
Posts: 14392
Loc: 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.

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#809183 - 03/02/13 11:05 AM Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance]
Sandra Investing/HFinance Offline
BellaOnline Editor
Chipmunk

Registered: 07/13/12
Posts: 1940
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.
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Sandra Baublitz, Investing/Home Finance Editor
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