A follow-up to "The Millionaire Next Door", "Millionaire Women Next Door" highlights the lifestyle trends of millionaires, only this time the focus is solely on wealthy women. A low profile, low consumption, frugal way of living appears to be the trend amongst the majority of these millionaires "next door". These profiled female millionaires are some of the wealthiest yet also some of the most generous givers in our country donating to charitable causes, granting forgiveness loans to friends and family, and funding education costs for family members. On average these women live in homes valued $299,990 or less. Very few drove luxury vehicles or purchased expensive boats, gifts, or jewelry. Careers seen most among this population included small and large business owners, sales jobs, and surprisingly, educators. I found this book to contain some surprising and interesting information but also found it to be lengthy and overstated. My advice would be to read "The Millionaire Next Door" and skip the redundant "Millionaire Women Next Door".

Frugal life style, spend time investing and drive to be financial indepedent

Good balance of analytical data and personal stories. Very motivating to see how so many women have created and managed success in various types of businesses. A bit dated now, with the data from 2004 or prior; would love to see an updated edition. Plenty of data for a deep dive for those who enjoy that type of information.

Interesting book. I read this one because all copies of "The Millionaire Next Door" were checked out of the library.

really fun to read this book! enjoyed the statistics and the realism - not what you'd think the girls would be like.

Still needing to finish this book, did not have the same sticking level of interest to me as the other books, maybe I just needed to get into it a bit more,,,

This book was good because: it was a self-confirmation of the way we are living and it’s end result; and to know that we are not alone in our desire to become wealthy. It confirms that if you just want money to spend money, you’re never going to be wealthy.

In A Nutshell:
The Millionaire Next Door and The Millionaire Mind had revolutionized the way that I thought about money--or maybe it is more accurate to say that these books changed the way I aspire to approach money. No longer did it seem impossible to be financially independent even on the salary that I currently make and the salary I can hope to make in my current career (which I do love and I do feel utilizes my talents and aptitudes).

But those books did have a very strong focus on male millionaires, and as a single mother I felt some of the principles out of my reach. So I almost jumped for joy when I saw Millionaire Women Next Door. Financially independence now feels attainable--even for me.

Review:
I had read both The Millionaire Next Door and The Millionaire Mind a few years back. But after some recent major changes in my life, I decided to rededicate myself to the goal of financial independence, so I checked them both out from the library to re-read. It was during the search for these two books that I found Millionaire Women Next Door. So after re-reading both of the originals, I dove into this newer installment.

Reading them so closely together, I did see that there is some repetition between the three books. It makes sense because some of the principles that people follow as part of their plan for financial independence are going to be the same regardless of gender. But the repetition did get to be a little boring in certain spots. There is also a lot of quotes directly from the previous books, which is probably necessary for the people who started with this book without reading the other two. But for me, it just further accentuated the repetition.

There is a large section where Thomas J. Stanley goes into detail about the difference between "Alpha" women millionaires (women who became millionaires after growing up in a loving, supportive, and in many cases frugal environment) and "Beta" women millionaires (women who became millionaires after growing up in negative and/or hostile environment). This section really hit close to home for me and really gave me insight into who I am and why I approach money in some of the ways that I do. He goes on to talk about being married to "Marginal Bob." It explained so much to me about how I ended up in the situation(s) I did.

Understanding some of these things about myself have helped me as I focus on my goal of financial independence. I can see some of the areas that I have to watch for myself so they do not get out of control again. I have also been able to forgive myself for some of the mistakes of my past--with an understanding that I have to work hard to not end up in that same place a second time.

As a parent, this book has also made me think of how I want my daughter to relate to money. As she gets older, I want to start to implement some of the techniques the millionaire women talked--such as open honest discussions of how money is spent as a family every paycheck.

I could barely put this book down from the time I first started reading it. I love it. This is the first time I've ever been tempted to contact an author and thank them for their book.

Very interesting read. There were many concepts that were repeated from the Millionaire next door book. I found the book inspiring as it talked about women from all walks of life who had made it big.

Very interesting statistics and stories. A good go-get-'em read.

The simple fact that it is nonfiction read for leisure rather than as per assignment by a professor or for work - related to writing a book summary on a paying contract sets this experience apart - from a psychological perspective.

In reality, I have had a couple of finance courses and have handled money. Even so, I found this book to be educational without it having that 'text book feeling'.

It was enjoyable reading, not heavy but not fluffy.