BKMT READING GUIDES



 
Interesting,
Insightful,
Informative

1 review

The Millionaire Next Door: Surprising Secrets of America's Wealthy
by Thomas J. Stanley, William D. Danko

Published: 2010-11-16
Paperback : 272 pages
3 members reading this now
0 club reading this now
1 member has read this book
Recommended to book clubs by 1 of 1 members
The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door. This new edition, the first since ...
No other editions available.
Add to Club Selections
Add to Possible Club Selections
Add to My Personal Queue
Jump to

Introduction

The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door. This new edition, the first since 1998, includes a new foreword for the twenty-first century by Dr. Thomas J. Stanley.

Editorial 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.

Excerpt

No Excerpt Currently Available

Discussion Questions

No discussion questions at this time.

Notes From the Author to the Bookclub

No notes at this time.

Book Club Recommendations

Member Reviews

Overall rating:
 
 
  "Insightful finance"by Lauren L. (see profile) 08/25/12

A finance guru friend suggested this book to me because I have a moderate fascination with personal finance - especially after the Great Recession. It was written in 1996 and it was written specifically... (read more)

Rate this book
MEMBER LOGIN
Remember me
BECOME A MEMBER it's free

Book Club HQ to over 88,000+ book clubs and ready to welcome yours.

SEARCH OUR READING GUIDES Search
Search




FEATURED EVENTS
PAST AUTHOR CHATS
JOIN OUR MAILING LIST

Get free weekly updates on top club picks, book giveaways, author events and more
Please wait...