“The Millionaire Next Door” By Thomas J. Stanley Review

“The Millionaire Next Door” is a book that explains the intricacy of today’s millionaires, people you would be surprised to find wealthy, and the habits and decisions that got them to that wealth level. But, it’s more than just a book about wealth and tips to get there.

As someone who have read this book I can say that this book only teaches you 7 characteristics / common denominators among millionaires in USA. And these 7 things are

1) They live well below their means

2) They allocate their time, energy, and money efficiently, in ways conducive to building wealth

3) They believe that financial independence is more important than displaying high social status

4) Their parents did not provide economic outpatient care

5) Their adult children are economically self-sufficient

6) They are proficient in targeting market opportunities

7) They chose the right occupation

And that’s pretty much all you will get from this book. 

Gotta be honest with you and say that so far this book is one of two worst business book I’ve read so far. 

The writing style seemed like I was reading a long and boring essay for school home work. Which as you may expect isn’t great. 

This book was so very difficult to get through. And it took me 3 weeks to read it. Because it was so uninteresting and boring.

This book only shows that if you are saving 90% of your monthly income for 40 years and you will be rich. I’m not rich but I guess thats not the way on how to get rich.

I give this book 2 / 5

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