Musel som preditat z PRACOVNYCH! dovodov a mozno ked to vyslo by som dal hviezdicku navyse za to, ze predsa spravili aspon vlastny nebanalny vyskum, ale dnes je to uz len katastrofalna repetitivna a otrasne napisana kniha, v ktorej sa dozviete, ze ludom, ktori minaju menej penazi, zostane potom na ucte viac penazi.

3.75 ⭐️

Contains some timeless widsom

Keep in mind this is a book written in the late 90s. While the numbers and data cited are outdated, this title contains enlightening insights. I found some of the teachings to be very illuminating.

In conclusion, The Millionaire Next Door is a fine book that most of us should read at least once.

I didn’t even finish 10% of this book. I’m just leaving this review to tank their rating and to warn others not to read this lump of misogynistic hot garbage “written” by two Chad-types. If you can even call this rambling mess “writing”.

I was frugal and spent only 10 cents buying this from a thrift store. Did that turn me into a millionaire like they claim it will? No. Do I wish I spent more money to get something of higher quality? Hell yes. Will I be much happier and live a more fulfilled life than the penny pinchers they interviewed? You can bet a million dollars on it.

I learned that there are seven characteristics or common denominators among millionaires in America.

They are:

1.They live well below their means - They are frugal,frugal, frugal. They make more than they can spend. Pretty cool.

2.They allocate their time, energy, and money efficiently, in ways conducive to building wealth - How else did they get there right? Well this goes for those millionaires who didn't inherit their wealth.

3.They believe that financial independence is more important than displaying high social status - Practical. You can display high social status all you want, but if you're still dependent on active income then you're one very vulnerable fella.

4.Their parents did not provide economic outpatient care - Pretty good training ground, don't you think? They train their kids to be survivors and in the end, to be winners. This is the best legacy they can leave to their children.

5.Their adult children are economically self-sufficient -Pass on the buck right? That's why the rich get richer and the poor get poorer.

6.They are proficient in targeting market opportunities - Now this is one handy skill I want to get my hands on.

7.They chose the right occupation - Right! To wake up everyday itching so badly to get yourself to do the things you love. Ain't that a ball!

Learn from this. The lessons and ideas may seem repetitive, but the author is really trying so hard to drive home a point. We need to learn the lessons. He want us to. Well, we ought to. =)

This book simple shook me! I never ever imagined that millionaires life’s weren’t as it is portrayed in the media. Furthermore, it kind makes since how the rich are rich. Yet the media and it’s effect on us.

The "secret" to building wealth is remarkably simple, but the devil is in the details. Accumulating wealth is as simple as living below your means for a long period of time and investing the left over money in the never ending bull marke known as the U.S. financial markets. There are a few problems with this. The main problem is that the temptation to live above your means to display your "wealth" to other leads to you never accumulating as much wealth as you should. Your parents have a lot to do with how you view money and ultimately how you act with it.

My only real gripe with the book is that the numbers in it feel very outdated. The book did come out the year I was born after all, 1998. The book says you should only buy a home 1.5 times your salary. That is just bananas in the current housing market we live in. Many of the numbers for incomes, budgets, cars, and goods feel very off. If you adjust $1,000,000 to 2024 dollars using C.P.I. data from the U.S. Federal Reserve it becomes approximately $2,000,000. The cost of like in those 25 or so years has probably more than doubled.

The core concepts of the book stand the test of time. Live below your means and do not display your wealth to others with material items. Don't let your parents subsidize your lifestyle. Raise kids who are self sufficient adults. Don't let cars keep you poor. Know the worth of your time.

It was a lot and I DNF 100%. Essentially it's the same as every other financial planning book. Be smart with your money, don't buy on credit, live an appropriate lifestyle not that of the rich and famous because in end you don't need to keep up with the Jones.

This is the best personal finance book ever for one simple reason: It's boring. Don't get me wrong, the revelations of what the average American millionaire actually looks like is quite interesting, but the ways in which they accumulate wealth is boring. Good. Every story that tries to make getting money sound exciting is a lie. There is a 99.99% chance (with a 0.01% margin of error) you will never get wealthy through a crazy stock investment, game show win, dead family member, etc. Instead, you must get some lame job (bonus points if you're working for ultra-wealthy morons) while living well below your means. It's not about inventing a revolutionary product or gaming the system, it's about throwing your money at a savings account and avoiding spendthrifts like the plague.

Of course, this book presupposes that you have an acceptable income in the first place, which hasn't aged well as we enjoy the ramifications of late-stage capitalism. There's also the statistic showing that many of their millionaires did so by starting a business. It doesn't emphasize enough how starting a business is a high-risk, high-reward prospect that will actually work out for very few people. Despite these flaws, the book's general philosophy of saving rather than spending should be practiced by all. With enough time, maybe you could be The Millionaire Next Door: The Surprising Secrets of America's Wealthy (Paperback) by Thomas J. Stanley Change edition.

To jest książka o tym, czym jest prawdziwy finansowy „majątek” w odróżnieniu od „wyglądania bogato”.

Napisana 20 lat temu czasami jest zabawna z perspektywy obecnego ścisku klasy średniej, niemniej niesie za sobą dużo interesujących wniosków z badań socjologicznych majętnych ludzi.

Na przykład: nasz obraz milionera jest medialną fikcją. Większość z nich nie nosi drogi zegarków, nie wozi się pięknymi samochodami w drogich dzielnicach. Oni nie lubią ostentacyjnego pokazywania się.

Milionerzy grają zespołowo (rodzinnie) gdzie jeden partner jest mocny w ofensywie (zarabianie) a drugi mocny w defensywie (ograniczanie konsumpcji, sensowne zakupy, inwestycyjne okazje).

Większość z nich dorobiło się na nudnych biznesach jak sklepy, przychodnie, usługi hydrauliczne i remontowe itd. Ale dzięki temu ich koszty reprezentacji są niskie (nie muszą dobrze i drogo wyglądać jak na przykład prawnicy).

Ostatecznie książka jest jedną wielką pochwałą oszczędności i konserwatywnego wychowania: na swoje trzeba zarobić i nic nie ma za darmo.

Nie jest to książka wybitna, ma swoje słabe, zupełnie niepotrzebne momenty. Ale nie jest też słaba i wyssana z palca. Dla osób zainteresowanych FI/RE się przyda.

I knew it's a good book and has heard about it hundreds of times in financial podcasts, books, articles, and blog posts. However, I never expected it to be this good and eye-opening.

It confirmed several of my suppositions regarding building wealth, frugality, education for my future children, and growing a family. Speaking about money has been important for me over the past several years. I'm constantly learning about the power of money and how to do more good with it.

Thomas J. Stanley shares a book full of wisdom, data, and statistics to prove you don't need a luxury house, car, or trust funds to live a happy life. He also confirms that rich people that look rich aren't actually rich. If they have an expensive watch, luxury vacations, and last model cars - they actually have a much lower net worth than someone having a regular job and investing on a monthly basis.

'The millionaire next door' by Thomas Stanley is a book that will open your eyes regarding how American millionaires really are. They are not your typical rich-looking person with a 5k-watch around his wrist, an expensive mansion and luxurious needs. This, for me was nothing new because I'm European and many Europeans do not enjoy displaying their high status in public. What was new was the type of planning the millionaires do. Their wives are strict with every penny they spend and write down all the expenses often. Their wives are frugal and do not want to spend more money that they need.
The husbands work hard and barely go to holidays to enjoy themselves. All they do is work, work, work.
These millionaires are always shopping for a bargain (even when they have to buy a high quality business suit). They never buy new cars because their value drops in time.
Most millionaires leave a high amount of their fortune to their families after they die and apparently, they work all their lives just to attain this goal.
These types of millionaires are considered to be PAWs, as in prodigious accumulators of wealth, meaning that, their net worth is higher than their annual income. The other category is UAWs, as in under accumulators or wealth who have luxurious needs that require a lot of money to be satisfied (expensive mansions, cars, taxes, club memberships, etc)
Their net worth is lower than their annual income. They probably don't invest and spend more than they earn, because of the their rich status they have to support.
OK, there are probably these types of people also but why does it have to be so black and white?
The author draws a huge gap between being smart and prodigious accumulator or wealth and being dumb and unaware of how your money is spent. I see these two types of people as the cheapskate millionaire who never enjoys his life and is making money for the sake of money (thus, a millionaire) and the irrational spender who enjoys his life too much without being aware of the negative effects of his spending habits.

Thus, I see this book as a biased research of millionaires in America. Sometimes it felt as if the author was desperate to convince us that all millionaires from all continents must be like this. That all millionaires are extremely frugal, cheap and live only to get more money. Their lives are not enjoyable and they're afraid to even buy a suit that's not on sale. They will refuse an expensive car gift because they wouldn't like to go fishing with it and throw the fish on the back seat. It didn't sound right for them.
I think the author didn't hear of enjoying the fruits of your own work or just giving things away for the sake of giving, even when you don't have so much money to give.
I wonder where all these millionaires' money go if they're not spent or given?
Save your time reading this book and instead, read Robert Kiyosaki's books. They're more positive, more encouraging and less repetitive.

کتاب مفیدی بود در مجموع، اگر چه یه سری جاها زیاد عدد و رقم و جدول ارائه می کرد که برای من زیاد جالب نیست. یه بدی که این کتاب ها دارن اینه که چند تا راه حل کلیدی ارائه میدن و تو دویست سیصد صفحه هی تکرارشون می کنن در حالی که به نظرم خلاصه تر هم میشه بیانشون کرد.