9780743420372

The Millionaire Next Door

Stanley, Thomas J.; Danko, William D.

ISBN 10: 0743420373 / 0-7434-2037-3
ISBN 13: 9780743420372
Publisher: Pocket
Publication Date: 2000
Binding: Softcover
Editorial Reviews for this title:
Synopsis:
Most of America's wealthy people are nothing but big spenders, who reside on sprawling estates and throw their money around without a care in the world, right? Wrong! Now for the first time in a mass market edition, the revolutionary #1 national bestseller The Millionaire Next Door debunks the myths behind our nation's rich, and forever changes the perception of how they accumulate their wealth. Following two decades worth of surveys, interviews, and exclusive data on America's affluent, authors Thomas J. Stanley and William D. Danko have concluded that hard work, diligent savings, and living below one's means goes much further in determining personal riches than an inheritance, an advanced degree, or even intelligence. Don't miss out on this remarkable blueprint to wealth that readers can't get enough of -- order today!

Review:
How can you join the ranks of America's wealthy (defined as people whose net worth is over one million dollars)? It's easy, say doctors Stanley and Danko, who have spent the last 20 years interviewing members of this elite club: you just have to follow seven simple rules. The first rule is, always live well below your means. The last rule is, choose your occupation wisely. You'll have to buy the book to find out the other five. It's only fair. The authors' conclusions are commonsensical. But, as they point out, their prescription often flies in the face of what we think wealthy people should do. There are no pop stars or athletes in this book, but plenty of wall-board manufacturers--particularly ones who take cheap, infrequent vacations! Stanley and Danko mercilessly show how wealth takes sacrifice, discipline, and hard work, qualities that are positively discouraged by our high-consumption society. "You aren't what you drive," admonish the authors. Somewhere, Benjamin Franklin is smiling.

Review

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