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The Millionaire Next Door cover art

The Millionaire Next Door

By: Thomas J. Stanley Ph.D., William D. Danko Ph.D.
Narrated by: Cotter Smith
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Summary

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.

Critic reviews

"The implication of The Millionaire Next Door is that nearly anybody with a steady job can amass a tidy fortune." ( Forbes)

What listeners say about The Millionaire Next Door

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  • Overall
    3 out of 5 stars

repetitive

I feel like each chapter essentially made the same point as the last. The point made was a good one (albeit pretty obvious in my opinion) but it could have been made in a single chapter.

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  • Overall
    2 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    1 out of 5 stars

Not Writen For Business People

I urged to buy this book as it came up more and more and I got thinking it would be a suitable book for everyone who either wants to become wealthy or wealthier. The book is in my opinion in a boring format and I got nothing of value from this entire book, very disappointing. The book really lost when it says having nice cars is wrong and I should buy a second hand modest car if I want to succeed in life or retire with money. I am a young entrepreneur and always drove good cars and I work hard for it and I get inspired to work harder to achieve my goals and to be able to afford the cars. The approach in this book would suit a very frugal lifestyle person and not a inspiring generation who wants to do well and enjoy the journey to get to one day a retirement. This book for sure does not suit me or my friends.

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  • Overall
    1 out of 5 stars
  • Performance
    2 out of 5 stars
  • Story
    1 out of 5 stars

Endless detail, brief nuggets of helpful insight

The authors basic premise (that the majority of millionaires are not profligate spenders) is of some interest and a little surprising (in a very low key way). However, 98% of the text is dry data - with the occasional nugget of insight tossed in.
If ever a book would have been more useful as a 5 minute executive summary then this is it. (I’m off to search for a summary now!)

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  • Overall
    2 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    2 out of 5 stars

Super repetitive

I found this book to have some useful guidance abs advice but it was extremely repetitive and become quite difficult to listen to.

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  • Overall
    3 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    3 out of 5 stars

Found it difficult to indure,

Really struggled to conncet to this one, just found the narrator mono toned, not for me.

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  • Overall
    1 out of 5 stars
  • Performance
    1 out of 5 stars
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    1 out of 5 stars

Narration and story felt very dated

Too many unnecessary statistics and percentages used throughout the book that are probably way out of date now anyway. The underlying message and lessons could have been summed up in half the time. The narration felt overly 1950s moral American traditional conservative views. Wouldn’t recommend.

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  • Overall
    3 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    2 out of 5 stars

Numbers, numbers, numbers

Lots of numbers but no clear advice other than earn well, but more importantly be frugal.

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4 people found this helpful

  • Overall
    3 out of 5 stars
  • Performance
    5 out of 5 stars
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    3 out of 5 stars

Interesting in parts

Liked the formulae to track your wealth.
Always been a pay your self first investor never knew there was a term for it

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  • Overall
    2 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    2 out of 5 stars

Some stack it up some don't!!!

Dreary and awfully boring. The narration does not help. I could not finish the listening, the voice of the narrator is an issue.

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  • Overall
    3 out of 5 stars
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    3 out of 5 stars
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    3 out of 5 stars

Great if you like statistics not much else

this book is great if 1) You are into finance reading and 2) you are a fan of statistics.

I stuck out the whole book as I am a stickler for finishing what I start. but by the end I was happy to put it to bed.

The book is simply the results of data processing and surveying millionaires.

The book does make you realise how expenditure can be diverted, but it struggles to keep your attention.

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