The Millionaire Next Door cover art

The Millionaire Next Door

The Surprising Secrets of America's Rich

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The Millionaire Next Door

By: Thomas J. Stanley Ph.D., William D. Danko Ph.D.
Narrated by: Cotter Smith
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About this listen

 Who are the rich in this country? What do they do? How do they invest? How did they get rich? Can you ever become one of them? Get the answers in The Millionaire Next Door, the never-before-told story about wealth in America. You'll be surprised by what you find out.©2000 Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D. (P)2000 Simon & Schuster, Inc., All Rights Reserved, SOUND IDEAS is an Imprint of Simon & Schuster Audio Division, Simon & Schuster Inc. Career Success Motivation & Self-Improvement Personal Finance Career Inspiring Money Thought-Provoking Business Money Management Personal Finance Investing

Critic Reviews

"The implication of The Millionaire Next Door is that nearly anybody with a steady job can amass a tidy fortune." (Forbes)
All stars
Most relevant  
Good, but needs to be updated as over 20 years old
needs more depth into wealth

needs to be updated

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Even after more than 2 decades this book is still so relevant and likely will continue to be so for the most part. It got me reflecting on my UAW ways and I hope I can change here on to be a PAW someday.

Gold

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Such a great book, I will recommend it to anyone seeking financial freedom... invaluable information.

A wake up call

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Very informative highly recommend this book.Very elaborate examples on good and bad money habits!
Best read for the year for me 😊

Must read

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Even though this book is now quite old I still found it an interesting read. A real eye opener for me. Spend less and save more. Don’t judge a book by its cover. People may “look” rich but are not and those that do not look rich but are. This is great for people who need motivation to save.

Enlightening and life changing

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After reading a few books in the area of wealth and financial insight I would like to say that this book is one of my favourite.
It is written on the simple side but that works for me not having an financial background, the only thing that would be good would be an update given that i have read the book for the first time in 2022 and a lot has changed in the past 20years. Never the less a sound book and well worth the read.

Enlightening

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Starts off a little dry, but gets better once they get into the meat of the discussion regarding children of the affluent and why they usually end up spending away their parents fortunes.

Really interesting insight into millionaires compared to those who act like millionaires and how to tell them apart.

Also good distinction on wealth builders vs high consumption life styles and how the 2 are usually not congruent.

A must for young adults and those with young children as it gives a great insight into the dos and donts on how to spend on your kids.

Good life lessons for the children

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loved it, very eye opening information shows the general expectations of people who judge others worth on how they look and what they own and the truth being that there are more everyday Millionaires living and looking like middle class than people expect.

Very interesting.

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I was very interested to understand about how I can become financially independent and not rely on a job. This book was highly on recommended on the bigger pockets money podcast. after reading it, it really opened my eyes to who gains financial independence and why. logical, coherent and detailed to provide some great insights and practical advice. highly recommended. thanks

Great book about financial independence

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Very nice book I will recommend every one to read or listen this audio book. It will give you a lot of information.

Good

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