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The Millionaire Next Door Book Review #804357
02/04/13 12:19 PM
02/04/13 12:19 PM
Joined: Jul 2012
Posts: 2,025
Sandra Investing/HFinance Offline OP
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Sandra Investing/HFinance  Offline OP
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Koala
Joined: Jul 2012
Posts: 2,025
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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Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance] #804361
02/04/13 12:20 PM
02/04/13 12:20 PM
Joined: Jul 2012
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Sandra Investing/HFinance Offline OP
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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
Investing Website
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Sandra Baublitz Author Webpage


Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance] #804390
02/04/13 01:50 PM
02/04/13 01:50 PM
Joined: Feb 2011
Posts: 469
Bay Area, California
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.

Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance] #804401
02/04/13 02:25 PM
02/04/13 02:25 PM
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Michigan, US
Trish-D Offline
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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
Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance] #804427
02/04/13 04:33 PM
02/04/13 04:33 PM
Joined: Jul 2012
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Sandra Investing/HFinance Offline OP
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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
Investing Website
Home Finance Website
Sandra Baublitz Author Webpage


Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance] #809084
03/01/13 09:35 PM
03/01/13 09:35 PM
Joined: Feb 2003
Posts: 14,392
Verde Valley, AZ
Jilly Offline
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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.

Re: The Millionaire Next Door Book Review [Re: Sandra Investing/HFinance] #809183
03/02/13 04:05 PM
03/02/13 04:05 PM
Joined: Jul 2012
Posts: 2,025
Sandra Investing/HFinance Offline OP
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Koala
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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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