They have plenty of nasty things to say about other people who did well for themselves and are way hypocritical and disingenuous. It presents the personal attributes of the nation’s wealthiest people in an easy to understand fashion. Il a été rédigé à la suite de plusieurs années de recherche et à l’aide de statistiques officielles et d’études de cas. Theirs only a few books that make a difference in your life and really open your eyes. I enjoy the book, but there is some criticism of whether its conclusions are statistically valid. I cheerfully skipped home from the library with Meet the Frugalwoods. I do recall being a bit frustrated by the lack of practical, actionable advice, but that's not what the book is. Most of the book is just recurring examples along that same theme. It's not "how to get rich" or "retire early with these steps". I would highly recommend The Richest Man in Babylon. His Millionaire Women Next Door was selected as a finalist for the business book of the year by the Independent Publishers Association and was on several business best sellers lists. 2 1 12. The millionaire Next door. I love the book, The Millionaire Next Door. I realized I didn't need to be an entrepreneur. share. The Millionaire Next Door mentions that often times this means they follow the money and are often selling products and services TO the wealthy! One of the best books on frugality I have ever read is "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko. I say this as someone who in my circle is seen as super frugal and I save about 50% of my income on about $55k . The millionaire Next door. report. The Millionaire Next Door. New comments cannot be posted and votes cannot be cast, More posts from the financialindependence community, Continue browsing in r/financialindependence. Other. Post Title: Observations from getting to know self-made multi-millionaires. The takeaway I had was that Millionaires think carefully about getting the most value for their money. Steven Levitt of freakonomics says he rarely finishes books for this reason. Right now I'm halfway through the book and have learned so much. By using our Services or clicking I agree, you agree to our use of cookies. Which is probably higher than the average population, but I think the author was trying to break down the assumption that 30% or 70% of millionaires had fancy watches, not trying to say if you buy a fancy watch you'll never be rich or not buying fancy watches leads you to being rich. hide. Press question mark to learn the rest of the keyboard shortcuts. It talks about how it is a myth that most millionaires in America have inherited their money. The 1996 classic, The Millionaire Next Door is the result of Stanley’s survey of thousands of households from affluent zip codes around the country. Financial Independence is closely related to the concept of Early Retirement/Retiring Early (RE) - quitting your job/career and pursuing other activities with your time. This is an excerpt from Thomas Stanley's and Will Danko's famous investigation of America's "typical" millionaire. We have actually found the way for poor people to go from nothing to huge wealth and to create a life-changing opportunity for their children and grandchildren. The Millionaire Next Door (1996) by Thomas J. Stanley is one in a long list of books on generating wealth. A couple months ago I saw that this book recommended in the comment section on a post here and it was described as a must read. I always have read how it's an inspiring book but after reading a few chapters it sounded terribly uninspiring to me. The Millionaire Next Door offers several lessons that endure for people today. 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