The Millionaire Next Door

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Rosetta Books, Nov 30, 2010 - Business & Economics - 275 pages
How do the rich get rich? An updated edition of the “remarkable” New York Times bestseller, based on two decades of research (The Washington Post).
Most of the truly wealthy in the United States don’t live in Beverly Hills or on Park Avenue. They live next door.
America’s wealthy seldom get that way through an inheritance or an advanced degree. They bargain-shop for used cars, raise children who don’t realize how rich their families are, and reject a lifestyle of flashy exhibitionism and competitive spending. In fact, the glamorous people many of us think of as “rich” are actually a tiny minority of America’s truly wealthy citizens—and behave quite differently than the majority.
At the time of its first publication, The Millionaire Next Door was a groundbreaking examination of America’s rich—exposing for the first time the seven common qualities that appear over and over among this exclusive demographic. This edition includes a new foreword by Dr. Thomas J. Stanley—updating the original content in the context of the financial crash and the twenty-first century.
“Their surprising results reveal fundamental qualities of this group that are diametrically opposed to today’s earn-and-consume culture.” —Library Journal

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User Review  - cloudshipsinger - LibraryThing

Alright, but I wasn't a big fan of the writing style. It seemed to repeat the same points too much, and lose the reader's interest in a whirlwind of statistics. I'd consider "Your Money or Your Life" by Vicki Robin and Joe Dominguez as an alternative to this book. Read full review

LibraryThing Review

User Review  - Mark_Oszoli - LibraryThing

Did you know there are millionaires living right next to you? In this book the author does not refer to celebrities and business man in the news. But every day people who thought savvy investments and ... Read full review

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About the author (2010)

Thomas J. Stanley is regarded as America's foremost authority and researcher of the affluent in the United States and has authored several well-regarded, award winning books on the subject.

He is the author of The Millionaire Next Door as well as The Millionaire Mind. In total, these books spent more than 170 weeks on the New York Times Best Seller list. His title The Millionaire Next Door was selected as a finalist for the business book of the year by the Independent Publishers Association and was on several business best seller lists. In total, over three million copies of Dr. Stanley's books have been sold worldwide.

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